Fremont weekly freeman. [volume] (Fremont, Sandusky County, Ohio) 1850-1853, 1850-09-28
From the Huron Reflector.
Farmers Of SandHSlky County,
Don't be frightened about Taxes for
the prOnnsed RaiIrnah

the proposed Railroad.
The greatest enterprise that has ever been
before the people of this countv--is the con-
templated Railroad from Cleveland to Toledo.
through Fremont If that road is built-not
only will the stock be one of the most profita-
Bile investment that the capitalist can make, but
what is of vastly more Importance, the whole
county will be benefited by it more than by
any improvement that has ever been made
These points | should like to set before you,
if had time. But have another object just
now. To build this road, it is necessary that
the county should subscribe, or authorize the
commissioners to subscribe 100000 to the
capital Stock. Now this is a pretty large
amount-and some of you may be frightened
into an opposition to your true interests, with
the idea of enormous taxation 10 which the
county loan would subject you. Letm then
say first of all, that no such thing is contem-
plated as raising this 100000 outright by
taxing the people of this county. Keep this
in mind, and let no man deceive you on this
point. What is wanted is simply this-that
this county will give its bonds for 100000
bearing interest On these bonds. the money
will be raised by men whowill be glad to trust
the county of Sandusky. ALI that the hold
ers of these bonds will require, will be the an
nual interest, and for this only will the county
have to be taxed
Keep it in mind en,gentlemen,t that only the
interest of 100000, is to be assessed on the
county, and that in all probability this tax will
not continue more than two years. For to my.
mind it is as clear as the sun, that this road
will will pay a great profit on the stock, as
soon as it is completed-and then it stsock will
be sought after with avidity by every one who
wishes to invest his means permanently; and
at the moment this takes place, the 100000
Indebtedness vanishes, and the county has all
the immense advantages of this grand enter
prise.
The writer here takes the tax duplicate of
Huron county at FIVE and half millions and
makes out the tax at one and three-elevenths
mill on the dollar. Now Sandusky has up
wards of three millions on her duplicate, there
fore our tax would be about two mills on the
dollar, or about the small sum of two dollars
on thousand dollars.
Now, gentlemen, let us figure up little,
and see how much of a scarecrow this taxa
| ton is.
! According to the State Auditors report for
l849, the taxable property Of Huron county is
81, ,228. For 1850, it cannot be less than
millions and half Now how much must
be paid on the dollar to raise the interest on
500, ,ooo-calling ;herate ofinterest the high
est at which it can possibly be, per cent
You will see that it is only one mill and three
elevenths-that is one dollar and twenty-sey-
en- cents on thousand dollars. Suppose
then your taxable property is $1ooo-your
tax for railroads. ST ,27; if it is $4,000 it is
$2,54, &c, Here it is then. gentlemen-the
enormous sum of 81, ,27 on thousand dollars,
to help not the capitalists merely, who puts in
his or 10 thousand dollars, but yourselves
and the whole farming population of this coun-
ty. Can you hesitate moment to give your
votes and your influence for such a measure
Depend upon it, here is one of the gretest bar
gains you can ever make venture to say
that there is not man in the county who will
not in one year after the road shall commence
operations, receive more back than all his tax
es, in the increased price Of the productions Of
his land But more on this part hereafter.
ONE OF THE PEOPLE.