Quasqueton guardian. (Quasqueton, Buchanan County, Iowa) 1856-1858, 1858-05-27
We believe that as soon as the work is

We believe that as soon as the work is
commenced in this county, produce will
take material rise. Wheat will advance
from thirty cents to fifty cents per bush
el potatoes, which are now unsaleable,
will become marketable at paying prices ;
butter, which, in trade, will scarce COM
mand sixpence pound, will sell at a
shilling, and corn, oats, pork, beef, and
other articles will largely advance in
price. BY this rise, alone, we have but
little doubt the resident ax-psyers would
be enabled to pay their qaoi@'of the tax,
and therefore not feel it. But, you may
say, these will be paid for in the compa-
ny's scrip. So can the tax be paid in
scrip. The Vice President Of the road,
Mr.. SMITH, says the company will guar
antee this to the county. No fear, there
fore, need be apprehended, as to the pro-
curement of the means to pay the tax.
The construction Of the road brings not
only this, but q large surplus in addition,
with it.
The length of the road from the point
at which 1t enters the county to Indepen-
dence, is about fifteen miles. The actual
outlay which the company will be com
PEELED to make in the grading alone, will
be $4,000 per mile, or 100000. The
amount of taxable property in the county
is 80, 550,354 one per cent. upon which
will give little more than $25, 900. This
! 5 miles of the road S construction would,
then, leave within our county $35, 600 oil
surplus funds, even should we vote the
tax proposed. The benefits accruing to
us from the expenditure of this sum
in our midst, needs no demonstrations
1t must be made, too, previous 10 the col
lection of the tax, for the proposition says
that the product of that tax is to be APP
piled in payment of work done since its
voting and previous to its collection, thus
relieving us entirely Of all fears as te
our capacity to ply the tax, and insuring
US means for other purposes-means
which we want now, and which we can
not otherwise obtain. Vote the tax. and
work will be Immediately commenced
defeat it, and you may lose, by the dis
advantages which the want of the road
entails, treble the amount.
In this proposition there is one other
favorable consideration. Its adoption en-
tails no extended tax. 1t begins and
ends this year, and cannot be used as /
bugbear to scare away settlers from the
county hereafter, but rather as an incen.
tive for them to locate here. The coun
ty will possess an equivalent in stock
Until the road begins to pay dividends,
that stock will draw seven per cent. inter
est, payable in stock. The stock vii
thus accumulate to within the neighbor
hood of $4,000. In three years from
this time, through the earnings of the
road and the sales of lands, the company
will pay dividend Of 90 per cent. pc
annum. This will give an income t,
the county of $4,000 per annum, whicl
will lessen, materially, the burden of tax
alton. To this result the n-residen
taxpayers will largely contribute. ant
that this would be the ultimate result o
the adoption of the proposition, we full,
believe. We are, therefore, only callet
upon to make a timely investment, yield
ing US, Immediately and prospectively
great advantages.
We have not the time and space to-da,
to exhaust the arguments in favor of this
proposition, but shall refer 10 the subjec
again.