The daily Butte record., 1858-08-30
The secret Railroad and Wagon Road
Circu ular.


The advocates of this infamous fraud upon
the people and property Of Butte county,
have issued circular, printed at the Stub
berdeguiiion Lecompton Office in Marys-
Vile, replete With tho foulest misrepresen.
tation that ever cmenated from the vile and
unprincipled crew, who, year after year
have attempted to fasten their swiDdling |
schemes upon the county.
This circular which is now being secretly |
distributed throughout the county, pretends
to give the main features Of the plundering
act. some Of which we propose to notice, 1t
quotes section fret, second and fourth, omit
ting the third section. To the explanatory
notes Of the Railroad portion Of the thiev-
ing act, occurs the following
4tb. The interest on the County Bonds is
to be eight PER cent, per annum, and the
interest and the first mortgage bonds OF the
Company is to be the same. The one pays
the interest on the other.
To show the utter falsiiy of the above as.
sertion. and the imposition attemg ted to be
practsed upon the ctizans by this infamous
circular, we need only quote the following
from section Sd Of the act, which the lying
author Of the document has excluded from
his production. Concering the payment of
interest to the county by the railroad com.
pany, section three provides as follows.
"When said boLds shall have been thus
executed. and the said company shall have
Used and delivered, in duo form Of law, to
the Board Cf Supervisors Of said county
their first mortgage bonds, bearing interest
payable teni-nDDually, on the fret day of
June and December Of each year, AFTER
THE FIRST FIVE VARS at the rate OF
eight Ter cent per aunum." etc etc.
Thus we tee by the act the county will be
obliged to poy the interest on the Co nty
bonds for FIVE YEARS. before receiving
one cent Of interest from the raironl com.
pany The interest II the railroad bonds at
$4,000 per annum, for five years amounts
to $50, 900 add to this the interest on the
wagon road bonds, $50 900 at ten per cent
for Fix years, $4,000, and The county has
sos, 600 interest to pay. before the railroad
bonds pay n single cent Of iuteresi, and yet
the lying author Of this circular grav, ly
tells the people, that "thc one pays the in.
terest on the other. A more palpaLle mis-
representation was never promulgngcd by
the Forty Thieves "
Again this circular is careful TO mention
the fact that the whole corporate proper
ty "of the company. including capital
stock. road fixtures, rolling stock" &c. will
amply secure the county. Well, where is
the Company Where is their capital stock
Where 10 their road, fixtures, aud rolling
stock' Why is the company net orgapized'
and why do they not offer their security in
atangibe share, before asking the county
for its bonds, If it Is not intended for specu.
lativc purposes This mode Of building
railroads has been tried in New York. ILL.,
nois, md elsewhere, and miles of worthless
and unused grading attest the folly of tie
undertaking. Let the people Of Butte coun
ty consent to issue the bonds when the Sc
curity shall be brought into legal txistencc,
and found to be ample, and not furnish tie
bonds to constitute the f" capital stock, road
fixtures, and rolling stock" cf company
to be hereafter organized by spcculat5rs,
bummcrs, contractors aud surveyors
The circulars quotes sections seven aud
twelve Of that portion of the plunde' ing net
relating to wagon roads and then d votes
considerable space to " Explanation of Wag.
on Road, Advantages OF n Railroad and
these wagon Roads, and "the evils" that
threaten the public of their thieving propo-
sition shall be rejected Section eight,
which provides that the bonds shall be made
payable in New York, Mt tho option Of the
holder, Is carefully excluded, as is also sec.
ton nine, which provides that our county
Treasurer, shall mako semi annual ship.
ments to New York. to rny Tho interest or
principal on the bonds Section eleven Is
also excluded which requires the interest en-
these bonds to be paid out Of the General
County Fund when tho special property
and scalp tax shall fail to meet il. Accord +
to these explanations the two thousand dol /
lars appropriated for the improvement Of
the Forbestown road is amply sufficient 10
''bripg all the trade and t,ave Of that i'm
portant section of the stateto oruville. -.
To bring tho trade of tho Bidwell
Bridge to 0rovlle, tho sum of Four
teen thousand dollars is required. The cit
izens of FoI bestown will duly appreciate the
sneer contained in the explanation. The
NJ wx.t IN ttNaa all
per cent. and a caritation Of fifty cents, 80
.trifing as never to be felt" while annie
time Is given the county to redeem her
bonds. Generous thieves and magnanimous
p'undcrcrs! How very kiad on your part
to give tho county "plenty OF time to re.
deem her bonds, when. according TO your
own showing, the bonds running - FIVE and l