The Placer herald., 1863-04-18

Sacramento at SO per cord, would amount
to $50 millions of dollars, and pay the road
about 100 millions of dollars freight"
From this report, it will be shown by our
friends of the railroad, that estimating the dona-
ton at 100000 acres they expect to realize from
the lumber productions, 4 royalty of
81 per NJ Or. ......... SlO,OOO, 000
And from cord wood upon 500, 900
acres, the difference between 100 mil
! lions and $50 millions value in Sac
ramento. or 81 per cord royalty, less
labor necessary to prepare it, say
80 per cent, ACKNOWLEDGEMENTS. s12. 800 900
| Total of S22,50O 900
ask our citizens if they are prepared to aid a
corporation with their county credit to build up
a monopoly that shall tax them for royalty upon
what they now deem their own. and what will
continue to be if not interfered with by this COM
pany, tcentyt,oo millions Of dollars. But have
said enough upon this point and will proceed to
the consideration of the second coat Of the pill
1T is great national enterprise"
Our delegation must have been well assured
that their constituents were already or would be
very readily informed by the Company seeking
our aid upon this point, else they would have
given more time Tor reflection and nvesti cation
before voting upon the measure, than has been
provided for in the bill
Our delegation were doubtless assured by the
ioopy OulCcIS Vi lnc company, tn1L
they were actuated by no other motive than the
construction of this vast work as matter of rail
road glory and military protection. That they
were simply the instruments of the whole country
in carrying on this vast work on this end OF the
route, and that haste necessary, or else, the
other end would be completed first. and the repu-
titon which CalifornianS have always enjoyed
for energy would be furnished. And they were
doubtless told by these same gentlemen flor they
would tell the whole truth of courSe.) that no or
ganization has as yet been framed having for its
end the construction of one inch within the Terri
tories. Thus fully indicating the absolute necessi-
ty OF immediate assistance to this end when they
know as well they know they Breathe tina. as a
continental enterprise so far rs they are concern
ed, that the womb of time alone can mature it,
and long ere its completion, those who are now
seeking onr aid, and we who will certainly de
cline to render it, will be cassed among the
things that were.
They will tell our people, living quietly in
their mountain homes away from the busy tur-
mol OF speculation, that their aid will be return
ed ten fold, and increased as each year rolls
around in the ease and economy and facility
which this great enterprise will afford for the de-
livery and receipt OF necessities Of life or its lux
uries between our old homes and our new ones
What eXquiSiely entcing word pictures will
be exhibited OF the almost fairy realization of in
terchange OF social relations between our loved
ones left behind and ourselves. Think you, a
breakfast in Auburn one day, and tea at the old
homestead on the second day thereafter. and the
morning after to step on the cars. and with the
appropriation OF only week of time. we will
hove enjoyed that which now requires two
months to realize, encountering all the dangers
Of the sra. pirates included.
And in their carnesness to exhibit all of the
facts, they will show their estimate of the vast
revenue these same gentlemen expect from the
wagon road built ria Bonner Lake, which will be
entirely ruined according to their representations
to us OF the cause Tor haste, in building a railroad
through the county within the next two years
They Will show our people how public spirited
they are. by exhibiting the Congressional law.
which STIMULATES that unless so miles is completed
within two years, that the aid rendered by gov
eminent will hay e been forfeited, and that unless
this county assists them they will be unable to
progress as Tar as that, or else why ask us to aid
them until they shall have penetrated the county
sufficiently far, to prove cOncusively that they
contemplate running this way; showing us at the
same time, the law recently passed in the legisla-
ture enabling them to change their location by
way of Dutch Flat to any other route where in.
ducements my be offered sufficiently great to
conntcrbIlance the loss Of benefits they now an
ticiplte on the wagon road referred to-
10 demonstrate beyond a doubt this is Il MI
| tonal enterprise they viii show to our people
that there is not invested dollar of eastern
funds any where in this enterprise. That it is
purely an offspring of Sacramento capitalists at
which point they doubtless propoe to locate the
National Capitol upon completion of the first so
miles. or less.
That it is national enterprise. is fully evinced
in the requirement OF the government STIMULATING
that if the work is not completed within thirteen
years, the whole work is forfeited for non-pcr-
formance OF contract, and the means invested by
individuals, as wellas counties. will be swallowed
up, for the Government has first lien upon the
work for the subsidy it bestows upon it, such pa
trOnarr hpinr cOntinrent
Is there an intelligent nun in our county who
believes that the end of Is years will see this
grand overland railway completed? If not. then
our government occupies the position of a money
lender, with vast collaterals us security and
among them indirectly our county bonds
Our people will be assured of Immediate re.
turns as stockholders because Of the national
prestige the road will have, but until it is com
pleted evry reasonable man knows that the re-
turns will be no greater than upon roads already
built in this State, where a heavy credit system
has been resorted to, and in most instances it has
been runous to those who have been induced to
invest.
Upon the general proposition of rendering aid
to internal improvements am iavorably inclined
and il leisure offers | will give you my views at
another time upon this subject.
Till then | remain yours