Lewisburg chronicle. [volume] (Lewisburg, Pa.) 1850-1859, 1852-09-03
For the Lewisburg Chronicle
County Railroad Subscription.
OBJECTIONS CONSIDERED

OBJECTIONS CONSIDERED.
The inquiry is sometimes made, b
;; honest and well-meaning men
n I" If the Susquehanna Railroad woul
e be good stock, why will not our monte
men and capitalists take it all? ?"
:, Permit me to reply to this inquiry
1st. We have not $500 900 of loos
capital in this county that can be investe
. in this work without dctriment to other in
terests. There is use already for all GU
= money, and with Railroad along ou
northeastern boundary, We should not hay
more than enough money to make the ne
cessary improvements.
I'd. If We can get city capitalists
men who have money on hand purposcl,
for permanent inyestmcnts-to spend S.
or 100000 for improving our county, i
is virtually an addition of that sum tc
our property, in the Road itself, and alsC
raising the value Of lots and farms double
that sum
Sd. If few rich men should combine
and own the road, and make handsome
profits, you would then grumblc and grow
about monopoly" and "speculators,' -
and that poor men and common farmers
never have chance in public works." &c.
1t is tie Jest poiiicy then, to get our
country improved by foreign capital TO
spend all our money in building the road,
would be like those we often see who take
all their capital to build a fine store-room
and have nothing left to stock it with
goods.
Well" says the objcctor, awe all
want Il e Road, but it can be built by pri-
waite subscriptions, all Of Us taking 4 little !;
or else the money might be burrowed
without the BorOugLs OF Counties going
security"
No, sir-;he subscription books have
been opened for months, and by public
invitations and committees all the farmers,
&c, were urged to take each little stock
but nat one Of your sort Of talkers-Chas.
Ii. Shriner excepted-took one share, as |
am informed Now, when would the
Railroad be built by such I" friends " as
you, who will neither sign a dollar your
selves nor permit the County to endorse
for those who will loan ? The real " friends
of the Road " signed $4,000 OF $50, 600,
which they will withdraw from private
pursuits and put to the public use.
People abroad will not loan money on
best new railway stock security alone
Your richest men can not draw money
from Bank without an endorser nor
will monied men send their capital away
hundreds Of miles on 20 or % years
time with simply individuals or private
companies for security. Who can haoU
what man Or what company will be solvent
20 years hence? No onc-but uninyolved
Borough Or County corporations are ARRAYS
solvent There is 10 danger of losing
money on such security. When a man
puts his money into Railroad thus Sc
cured, he has first the Road, and then the
municipal corporations for his surety, and
he feels safe in the outlay.
L" But may it not come upon the COun-
ty for payment, some time or other >"
1t as possible, but very improbable.
There is danger in everything. Nothing
venture, nothing have" If you buy a
house or barn, it may burn down. If
you loan or sell, you 0,ay lose your debt.
If you sow wheat or plant corn, you may
lose your seed and labor. If you cat or
drink, YOU may choke or be strangled. If
you marry, your wife may prove vixen,
and your children your sorrow. If you
trust in a friend he may deceive you. If
you 20 out of sight of others, you may be
murdered. If you buy lot or farm
the title may turn out bad If you east
a vote, you may lose it. If you retire to
bed, you may die there. If you hoard
up money, your bank may break,or thieves
may steal your gold. Your horses and
cattle may die. All these things are not
only possible, but quite as probable as
paying a tax on the Railroad Bonds.
And if you selGshly think that you are
to see the Railroad built, and to enjoy all
its benefits, while you stand coldly by and
refuse to give dollar or to incur the re-
motest probability of responsibility in its
erection, you may have to bitterly regret
the entire loss of the road.
But l think the people should have
something to say about such matters. We
didn't know il"
Then, sir, it is your own fault if you
did not know it. Any man that wont
know what is going on when he can get
newspaper for three cents a week, has
none but himself to thank for his wan.
of knowledge Sir ,reeA:s the bill lay be-
fore the Legislature, and not one remon-
I STRANGE came IN AGAINST IT. All the news