The Placer herald., 1863-04-18
FOREST HILL CORR ESPONDENCE.
The Central Pacific Railroad Proposition
FOREST HILL, APRIL IA, 1863.


by the unsolicited action Of the legislature, are
called upon to decide the question whether they
will take stock in the Central Pacific Railroad
Company or not.
1t is a most remarkable condition of things
In the usual business pursuits, if man takes
stock in public enterprise he has either been
asked to subscribe and the reasons given why he
should do so. or he seeks by his own voition the
| Investment. This modern custom, however re-
verses the order of things; for, if you do not
| take stock through your own judgment without IA
| valid reason being given and without solicitation
you have to fight. In other words if this county
does not decide by vote that it will decline the
| investment, then it is stakeholder to the extent
of s250O00 in the Pacific Railroad
In most instances when community desire to
perform acts requiring legislative enactments to
| egalize them they make such desires manifest
| by petition representing the facts. and state in
| such petition what they wish done by the legisla-
tive body. and such community of interests are
then properly represented by their delegation in
the legislature. based upon the expressed views
of u constituency respectable in numbers an d DO
stion. This course has not been pursued in the
case under consideration.
1t seems that the members of an incorporated
company desire to build Il railroad SON ewhere
and find they may be short Of funds. and in look
ing about for Il gold mine to provide against con-
| tingences, they find that this county through the
careful management OF its public servants, has on
| hand some 40 or 100000. and entirely out of debt
and the people lightly taxed; and the thought
strikes them at once. that the credit of the county
and thov nnnlv 70 ,h jnIo,tin r, ,L; Npo -,
TO assist in the n,ss,or of hiU ,uthoriyinCr ne ~
take $3.50, 600 if the voters desire. The gilded
| pill has two coats when presented to them. One,
il the people do not wish it, they will decline. by
negative vote, the investment. (The corpora
| ton loses nothing by taking such chances) The
other coat is the aid is Intended for -, ornot m,
| tional ENTERPRISE
| Our delp@ltion did not soc tb,ouob tb,. lophlo
coat so beautifully pilded. and nronose h,iaay
tn refer to both und if tbn nroi,et hn r itint
one and which his countv i i1Stifod i; oi,,
ventilation of the facts connected Win II vii a.
| no harm.
First In submitting, tl;o onostio, 70 o,,. Goa,
nln our dnlo~,iion d7uh,lsd 4o " 49, 49,
rons titnonts Tn, ril; n;ti pI t 'n', '"e'l
else hev would not bnyn r"rmittad tho o y,
to come on 50 soon or r nnt oIraaI ,,l'.,ni
thev woul1 hear All of Ibo r,c,D ,.nn ny
If he nrninrt who haTo ,o"l 'ir W.
mnch pnhIic snirit in inrost;n t,on s,'' ~
constructive II railroad yhn,e If doaS ~, hnd,,. ~
a1 ,nl Iii ,,,,,u'll Nv 10y ""1
Inf H. nroinctors N.Y. u an NJ 'oaS any niln
viii tnlI or h,va olrraIv trld th no,, r. ~;
conntv hat tbnv h, Ln "V ~ 'i'S
SG0o 1oo ot Sacrnonto n,' h, p'Ion
San ,nrsrothc ,n'rt ~, trlJa n1 'U ,,,T ~
where investments ara ,do IN "',u "Iian
tions ,S fr' o 49,; % n III Tt ~ I"' oPria
of S,cr,monto win ,iyo ean1 oon iI Wv o?un.S
tnrnrisa "rnJ tlt or,t C;t t'u " .u
ha ir,,o norion ~ thn Or'y
cnnntv alpadr ons ''io L" VI tnr
80 oo9 oon ,3 u, nei 'i.'t ,,'u eP"t
Tbt ia ,,,,'' ~ p'y Wv c.! DIT 'n''
iiI : "a nmn ~ li'1 " et 'liliehNe
or o,,,,t', % p' '','e ..'i '''' ,o-"''S our
! ilIi, ' 49, w. a. io'i' ~ l"I 'ic"t "'l
in nnrr"v ANA rin 'UIon p99"'e' .n'e'eS'
uhta,o, a. '''o' ,p+ "non NY n'utc' III
t '.io So i"''nI may 'nc'i H@Ne' are
w" 800 MN I''' ''' tit'' III SiccHDdChS WI III
Jt y? ~ Ie"t1 va 'i'1 uo''",' ina' government
Wv, % ~ inW "'' .'t 'aoS'uy ~ once pu' IN
work. is nntirnv c0mnIetoj P'' ''"' u''''' ''''
Th.,, MI ~, o I.',,I' .,.,
VIZ uei , gu, pGGpIe 'n' mey nave Aready
| Grgt * ila Of ei f : 'nn 900 ut'o" .lo
~, nJ'', 'V' aJO'ooo' "nu 'h'V the
40 ,IiI Ir H,1oJu "'o .i'c I ~; I'VE
| Cnni1, IN TI I tL -. 'o'Dy ''5 .uo i'oei
liz yt, h Iii ''i t', . "l'o @ VI
| nnn nnft ;e az; pt .I 'nuS sun V. -Io'
bonds r. hrln nav him '"'' '"'"''" "''
Tbn,u,iIl r H. .',, n', ,,,, -, ,..., =,
, a. ~ sonn ppooP VI n,sc "i e,uy 'olu
- w. a,.t c 10 "in WIZ Ta'.y 'uI ioIu
oI ' ' H. I ~ 'ne i''e "ireuuy
~ ,o, oat ,,h,,o Neno y
ihn ana IN '''o NY ioI II
Inv inn law th tL , ~ no" nioic IN
ni:h nn,rinaS c,rs i"iIiinms nJ I, i Luz
'i,, "i" "i, "'c pIl"-
pno t ho 70 % "o' '"'s vl oon ''S "'cV'
and il is nnly 10 milos fran, p't H',ie
Tnrritorv Of r. ,h ] ~ 'nI
thni rn4d ,il, ,'st d "' ti ' ,noun'"' P"'' Vi
the vl,nr n,rt viii 81 rn,n, 40 , nuo" n co
il w. j. t'i y" n ,'','.' go, ' n ioo
AMI En n,iI Nv ,i Ioa' o u,oon ooo'
total Of omlv sII ooo ooo '"' '-oo0Voo vi
They will tell our people that the balance of
Sl375o,ooo can easily be raised, and in fact mon
eiHry a arr nave already geen made for
this hure work. based unon tbe simn,n mrouo.i IL
ton that Placer County will assist with her $3.50.
900.
oui people wilde Instructed III 'he art OF ma
dnvel nln@ y ''>'"e '"' property S"V "'S'S'S 1"
The friends of this project will tell every umbnr
man in our county how readily they can send
their lumber to market and at the same time show
omd am onr;n IN nn ,oa T., 'oo n''m VI cars
her from the mills Of his comfy ib,m i ' onm