The daily Butte record., 1858-07-30
"County Bonds for Railroad or wag-
ON Road-No 4,

ON Road-No ~
In accordance with the provisions Of an
act passed by the last Legislature, the citi
zens Of Butte county will be called upon at
the approaching electi IN to cast their votes
for or against proposition to issue the
bonds Of the county, to the amount Of two
hundred and thirty thousand dollars, for
railroad and wagon road purposes We have
heretofore published the act, and stated a
few reasons why we thought the proposition
should BE negatived. We now place the
above ballot at the head Of our paper. and
earnestly hope that every citizen who has
the true interest and prosperity Of the coun-
ty in view, will vote il. The Convention
took no action upon the question but had
they indorsed it an hundred times, we should
nevertheless have opposed it as unnecessary.
uncalled for, fatal to the interests OF the
county. ami burthensome upon its citizens.
The COUNTY is at present 10 debt to the
amount Of 100000. The approval Of this
act by the people, will authorize the Board
Of Supervisors to issue tho bonds of TIE
county for an amount, including principal
and interest, Of $685., ,000-making tho to-
tai Indebtedness Of the county amount to
S625.O00. To meet the interest accruing
upon these bonds, and tor the payment OF
the bonds, the act levies n special property
tax OF 81 l3 on every 500 Of assessable
property, and n capitation tax Of fifty cents
nj N 1;aIIa tn .
and when this tax fails to meet the pay
ments as they may fall due, the act appro-
PIRATES the general fund Of tho county,
leaving the business Of the county to be per-
formed for deprecated aud worthless scrip.
The act provides that those bonds shall be
made payable in New York city If the holder
shall so elect, and requires our Co Treasu.
rer to advertise in some New York paper
where and when tho payments will be made,
and forward money to that city for that
purpose.
BY reference to tho first and second sec
tions Of the act, IL will be seen that it per-
mits its authors to form themselves into n
Railroad Company, draw and appropriate
the bonds, leaving the county no other Sc
curity than the first mortgage bonds upon
the grading or other work that might he nc
complished with the bonds of tho county
These bonds might be sufficient to grade
some four or FIVE miles Of the road from Oro-
vile toward Marysville. OF what benefit
would that amount Of grading be to the
county. AMI what would mortgage upon
that grade amount to as security for the five
hundred and twenty thousand dollars prin.
cipal and interest for which tho county
would be Iiable' Would it not be much
moro rational and business like. to wait
until the Railroad Companies below agree to
extend the railroad to Oroville for bonds to
n certain amount, and then issue them. to
a responsible company with mortgage bonds
as security
The forty-Gve thousand dollars. principal
and interest. which an approval Of the act
renders it obligatory upon tho county to pay
for wagon road. purposes to open no new
routes, but is required to bo expended on
routes which are now travelled by stages in
excellent time, II VIC except few miles from
Loveloek's TO tho northern line of the coun.
ty. Whence then the necessity of our cit
liens bur,hening themselves with property
and cnptatisn tax, by sanctioning scheme
designed apparently to favor Spectators,
which can be OF no other benefit than to in.
creasc the value Of improvements and ranch
es on the route pointed out by the act'
Is II possible that tho citizens of Butte
county will consent 10 levy tax upon their
property and scalps, and to appropriate the
general fund Of the county for such q scheme
as this'
Is it possible that the miners Of Butte
county, who havo always opposed every
project for taxing their mining claims, will
consent to an actual tax Of fifty cents upon
each and every one Of their heads. and for
the payment Of which their Gains. their
tools. their bedding and provisions are LA.
ble--and that too. for the purpose Of enn-
bling few spectators to realize fortunes.
return to tho eastern cities, and compel the
people Of Butte county to forward money for
their support
Ifthe county wants wagon roads. let the
Supervisors locate them. II We want
RAILROAD. let us adopt plan that will sc.
cure 1t. and not approve Of an act that will
create debt of over half million. and that
may leave us nothing to show for il.
~u~-~~-~~-=
MARYsvILLE AND SAN FRANcIsco RAIL.
RoAn Tho Erprr.. of yn.tordnv s,a,.s