The Kansas herald of freedom. [volume] (Wakarusa, Kan. Territory) 1854-1860, 1859-06-18

tue next session Oh OCD8IeSS. IL, HOW
ever, the lands are offered for sale, they |
will be located in large bodies by specu-
lators, ,rith land icayTants, and then be
like the lands in Missouri, almost worth
less without railroad, which will COM
pei the landholders to give portion to
build the road, SO as to enhance the val
ne of the balance, and save them from
the payment of taxes on lands from
which, without railroads, nothing can be
realized.
According to the report of the Engi-
neer of the Pacific Railroad. it is 157 miles
from Jefferson City to Kansas City, and
it is 10 miles from Kansas City to En-
puria in all, 267 miles. The Engineer
Of the Pacific Railroad, estimates the
average cost per mile of road, from JEFF
ferson City to Kansas City, at $685. SO,
and estimating the same cost for the road
from Kansas City to Emporia, the whole
cost from Jefferson City to Emporis, will
be S7,676,765 81. According to the
report of our engineers, the distance from
Jefferson City, by our surveyed route, to
Emporia, is 224ls miles, the construction
of which will cost 500, AGO per mile, or
$5,042,270 making road 421a miles
shorter, and at less cost of 81, 634, 495 81.
OF the whole length Of our road, 135
miles is in the State Of Missouri, and if
the donations and subscriptions of stock
in land, amount to one-third the land for
twelve miles on each side of the road,
(and there is no doubt it will amount to
that, as some landholders have offered
half their lands) it will give 691, 200
acres, which, at S. per acre, (Which is
more than two thirds less per acre than
the average sales of the Illinois Central
Railroad lands) will give $3,456, 900.
In Kansas, if we obtain a donation of
the alternate sections of lands for seven
miles on each side of the road, which is
S9l5 miles in length, from the Missouri
State line to Emporia, it will give the
company $3.50 acres of land, which, at
| So per acre, will yield the sum of $1,000,
800. Cost of 2241ls miles of road, S.
042, 270 90; amount from lands in Kan
sas and Missouri, at SIS per acre. ST, AGO.
300 which will give to our two companies
SAT- $50 over what will be required for
the construction Of the road, to be
used to pay interest on bonds, and
expenses for depot buildings, running
stock on the road, and if we should fail
in obtaining a grant of land from Con-
gress, we are confident that the landhold-
ers along the route, will be willing to do
nate portion of their lands, as they are
doing on the line in Missouri, SO as to
| Al T.. =. .LoA
will be to their interest some have al
ready made the proposition in case the
Government will not do for US what it has
done for other new States and Terrific.
ries.
The delegates from the railroads il
southern Kansas, who were in Washing
ton City last winter, insisted that the
grants should be given to the Territory
or future State Of Kansas. 1t was thu
policy of the representatives of this com
} pany, Messrs Wattles and Army, to place
the lands at the disposition of the Legis
lature, intending that when the grant wa
obtained, to ask for the lands to constrIic
our road, and propose that our company
would pay an annual bonus on the profits
of the road, to the Territory or State o
Kansas, which if done by each road il
, the Territory, would furnish State fund
probably sufficient to defray the expense
of our State Government, the erection o
public buildings, or the support of educa
tional and other benevolent institution
! Of the future State of Kansas.
By the report of the Treasurer, it will
be seen that $3,046 90 has been receives
8 upon the assessment of 1893 shares O
E stock, and that S4,95o OF has been pai
s for surveys and other expenses, leavin
3 the company in debt to w. F. NJ. Arm,
/ the sum of $1,010 o., and to John c
e Wattles the sum of 1898 SO. advance,
b by them for Necessary expenditures.
9 will be observed that no compensate
s has been charged by the officers for thei
o services; they only charged the actus
J, money paid out for travelling expenses
e &c. The amount Of Indebtedness coul
e have been liquidated by sale of stock, ha
!, not the company, at the last meeting
e limited the number of shares to be solo
We would further say that stock coul
It have been sold in New York sufficient |
o meet the present demands of the CON
i pany; one individual proposed to tax
t, 500 shares. 1t is question for this CON
o pany to decide, whether they will al
a thorize the sale Of stock or make an az
n ditional assessment to pay the debt
IT the company, and to proceed to locate ii
y road, and place portion or all oft und'
) contract.
l. The work to be done is light in con
it parison with that of other roads, and wit
3, ready means could all be constructed
ID eighteen months or two years. 1t is b
n lieved that as soon as it can be determine
le whether we will receive grant
TO land, or will have 10 depend upon don
d, tons from landholders, and receive dee
c. or mortgages from them, that on bon,
le secured by those deeds or mortgages, Il
I'd money can be obtained to commence Il
k work in Kansas in the meantime, Il
r Missouri Company win progress wi
". their end of the road. But until tit
j. can be obtained in. Kansas to lands, we
Is, not .hink it prudent to attempt TO pre-
ut the work beyond the expenditure Of q
he money collected on the subscriptions
~ stock, believing it better to go slowly tn
re to involve the company, and thus Ell
ne barrass or destroy our credit
en- The accompanying reports Of the Tres
Is, urer and Engineers. with the plats Of S,
tn veys, &c, will give all the informati
ne required as to the condition of the fina
c. ces, and the proposed routes of the roa'
a. &c, TO which you are respectfully ref
n red. In behalf Of the board Of Directo
n w. F. n. Army,
ed Pres't. ]. c. & NV. R. R. Co.
he -
C OF Ericson's caloric engine Of &
Y horse power is gradually coming into |