Bedford inquirer and chronicle. [volume] (Bedford, Pa.) 1854-1857, 1857-07-10
ONE MILLION FIVE HUNDRED
THOUSAND DOLLARS LOST TO
THE PEOPLE BY THE INTERFER-

/ GNtE OB HE GANAL BOhhp.
/ The bill passed at tho last session Of the
Legislature providing for the sale of the
Main Line, contains the following provision,
viz:
find prouided further, That it the Penn
sylyania Railroad Company shall become
the purchasers of said Main Line at said
public sale, or by assignment as aforesaid
they shall pay in addition to the purchase
money at which it may be struck down, and
which shall not be less than seven and a
half millions Of dollars, THE SUN OF
ONE AND a HALF MILLIONS OF
/ DOLLARS, the whole amount of sale 10
be paid in the bonds of the company, bear
| ing interest at the rate OF five per centum
per annum, payable semi annually on the
thirty first days of January and July of each
| year, and which bonds without further re-
cord shall remain lien upon the said Main
Line, one hundred thousand dollars of which
said bonds TO fall due ON the thirty-irst day
Of July, one thousand eight hundred and
| ffty-eight, aud one hundred thousand dol
lars thereof Annually thereafter, until the
thiriy-frst day Of July, one thousand eight
hundred and ninety, when Que million OF
the residue shall fall due, aud one million
annually thereafter, until the whole is paid.
From the above it will be seen that il the
Canal Soard had not applied to the Supreme
Court for au injunction 10 prevent the Penn
sylvania Railroad Company from buying
the works, it would have paid the sum of
ONE MILLION FIVE HUNDRED
THOUSAND DOLLARS MORE FOR
THE SAME than it vii pay under the de-
cision Of the Supreme Court 1t pays now
but 81 100000. whilst it would have paid
otherwise NINE MILLIONS. This is the re-
suit of the application for an injunction
SI.500,000 are actually lost to the State
through the interference Of corrupt Canal
Board, who have been robbing the people of
their bread
They will tell the people now that they have
saved the tonnage tax to them by their m
fuence. This is all sham, but in accor
dance with the privately expressed opinion
of Chief Justice LEWIS, the Rail Road
company is NOW ACTUALLY RELIEyEE FROM
the TONNAGE TAX, without paying far
thing for it. This shows the true love of
the corrup, Caual Board for the people which
they sworn to protect, but who does not
know, and believe, that if the Pennsylvania
Railroad wanted to get rid of the tonnage
tax the very first Locofoco legislature would
repeal it for them Such has been the case
heretofore, ard it is very likely will be
again. The tonnage tax would have been
removed two years ago, if the talented and
wide awake member frcm Venango, S. z.
M'CALMoNT, Esq,a GOOD and true American
Republican, had not resisted its passage so
ardently The Locofcco House passed al
most every thing to favor the Railroad last
winter, and friends Of the interest of the
State had to look to the Senate for protection.
TIE House passed most iniqui'ous bill,
giving the Pennsylvania Raiload large priv
ileges, but Republican Senate so amended
it that II was even satisfactory TO our ultra
neighbor of the Patriot and Union.
We should have been glad to have seen
the works 90 into other hands than the Penn
sylyania Railroad Com pany, knowing that
they have some very unpopular and DISC
bliging men employed as subordinates at
some of the stations east aud west of this.
Whilst We have the best Of men here, other
places have not been SO fortunate, and they
have done more injury to the Railroad Com
pany than the Directors are aware of.
However, these things viii no doubt be rem
edled in time, and the Company will find it
to their advantage 10 promote the interest
Of the public generally as well as their
own Harrisburg Telegraph.