Mountain Democrat. [volume] (Placerville, El Dorado Co., Cal.) 1854-1860, 1859-10-01
For the Democrat.

MEssRs. EDIroRs. Railroad Convention has
ended its lab"rs for the present, and think done
everything that was in its power to do All i could
do WA effected BY the adoption Of the following
resolutions. submitted BY Mr.. OrnSby. referred to
the committee Of ten, repOrtrd back by the commit
tee and unanimously adopted by the Convention;
ReSoired That the Convention mcmorialiSe and petit
tion Congress, in behalf Of several eOn,tucncsS
to qua rAntee with such guards and restrictions may
be necessary to prevent fraud not to exceed i've per
cent interest the actual Of the road to such
ties as will furnish the capital to complete the
RpSOired That Congress shall grant the right Of
to said parties through the public domain aud that said
company shall have the exclusive right to select the
route Of, and locate tue said Pacific Railroad.
ReSoired That the State Of California will construct
and complete the said Pacific Railroad the eastern
boundary Of the State to san Francisco.
The Convention acted judicIously, in nv opinion,
IN adopting the resolutions submitted by Sir. OrmS-
BY. and he is entitled to the credit Of presenting in
u plain and practical manner, plan for the COn
Gtruction Of the road.
The other business before the Convention was Of
local character, involving State interests alone
The action OF tue Convention, relative I" Mr. Metal.
lun 3 resolution, expressing decided preference
fur the Central route, anuunts IT, nothing " The
above resolutions require Congress To grant Ia the
parties attracting IL build the road the unrcsrict
Cd right 10 locate 1t as best suits themselves and the
interest uf the people. This great fuss about the
Central ronte BY lie Union is noihing more or l.ss
than IolItical claptrnP. The company contracting
to build. will at course select the chrapvSV SatrsI
; most profitable aud practicable route, aud If the
Central is the best, it will be selected. We we'll
aware that oil the people III California want, Is the
road and that IN the shortest time. Why should
/, capitalists be compelled To build the road over the
south or the middle pass either iii is not the most
practicable? | ask wherein is the difference to u,
as CaliUrnianS, where the road is located Just ~
that We get il?
The consent Of the Convention to the adoption of
Mr.. McCaIlum's resolution. WAS ~ secure the vote
oi the Oregon Delegation 10 the above mentioned
resolutions, as those we're considered the i'm.
pOrtant then before the Convention. the first res
oui0n asks Congress 10 do that which will secure
the building Of the road, namelV, IL to CAPT
tasis five per cent. I'm the capital invested FIR =!
years aud cannot cost the Government "nc dollar
II Is, think, ObvlOuS to every Rejecting mind thai
the road will uI.der the ad verse clrrurn stances
pay that amount in dividends with proper manage
mcnt. The Government assuming this rcspOnSi.
btv, will readily secure the necessary amount Of
stock ~ complete the work in bvc ears This plan
10 simple. but perfectly eGectual IN the attainment
Of the proposed end.
lIv these resolutions "the whole question as 20
routes is solved, ring il to those capitalists h
are willing " ell. bark their money 10 the euIeFprl-e
I" select that which they deem 10 be f,r their III.
iereStS, believing that the general principles gov.
crninG this question viii be more readily asccrtnin-
ed. will more properly apply and the hcatl"u thus
AscertaIned give better general satisfaction than II
formed bv any other method.
With this guarantee IL interest from Government
fr ~ years. "r until the receipts Of the rUad III
able il to meet its own interest. capital will seek it
1T will mot have to seek capital. " II this be
the road can bc commenced immediately, the work
paid for in cash ms it progresses. insuring ccunomi
cal construction and early complexion, avoiding the
extravagant expenditures If m"n"v ALWAYS aitcni-
ingGr'eI nmeni enterprises, and Government would
even be relieved at the necessity nf making sur
vey, which would be undertaken by private capital
g" shuts the door to fraud. coIruption or political
dishonesty. II creates new appointments. or
Salaried and Government offices. Government has
only to satisfy herself that the work being built
in an economical manner, and provide for the inter
est on IT'S actual cast AS II progresses.
II is 70 be- regretted that the thon and others Of
ITS anatcal Kind this State. cndravnr inIerpose
the same barriers 10 the Pacific Railroad that til.
sect lali>ts are doing in the Atlantic States IL is
this anne sectonalism in Congress that has defeated
the ad up To this time. Here. in this State. We
have papers protesting friendship to this enterpi. &c,
that are corrrtlv its bitter enemies In other words
they would sacrifice best interests l." gain party
ends crush this great and impurtunt work. nav. d.
anything to gain party ascendcncv and political
power in lsG0 This is the burden If their thoughts
bv day and their dreams by night. Fortunately
their advice is unheedcd. their complaints disregard.
ed By the people Of California
a DELEGATE.
u,