Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1869-05-21
Railroads ard Taxes.

PloVo"' w 900 Nr.T resources deVes~
see prosperity retarn to our bep"eo oiu
State, we are toe apt to lose Sigh Oh 'he
means by which these ends are to b ac't 80
plished. In the struggle to advsfce tpe
claims of one party or snor -.4e fresl-
dency, in the location of the roads, ID the
strife for personal advancement and the
eguabble Cor pelf, individuals and the pa
pers forget the burdens which the people
must shoulder to meet the obligations which
the roads will incur. We were forcibly re-
minded of this fact while contemplating
the depressed condition of our people and
the low figure which our bonds command
in the money market in connection with
the recent vote in the stockholders meet
ing of the Western Fayetteville Railroad.
Upon the important question Of locating
the western terminus, matter which
had long aGitated the stocf holders
and friends of the road, there were one
thousand seven hundred and eighty one
votes cast, Of which sirteen h.Hnd,e1 were
given by the State, leaving only o"e hn"-
,Aed 02d "iyhiy-One c0tes bV FrirtHe Stock
| hohIcJS. 4 few did not VOTE bat those
individuals held but little stock Yet
when the friends Of that great work. at
least those men directly interested in its
completion, look only at the special tax to
be levied for its benefit, they DO not re
! gard it as very heavy. But they Will add
to oar already unerous taxes tue sum Of
all the. special taxes levied for the Lenciit
A..
paliug.
Let MS CANINE into this matter Il little.
Tnera ara communications for eight different
roads To Iueet the interest on the bouds,
to be ISSUED there has been lis many
suecial and separate taxes levied, and
which are believed to be relieved of tho
objections which were successfully raised
+, tl,a Chatham Railroad Bonds TbcS,
are rs follows
Williamson and Tarb ro Railroad. one shr
'lesh OF one b per cent H.ro,ua Railroad
tieths of one per ceat.
road, one-eiShth OF one per cent.
cent
North wesern North Ca*cl'n* Railroad, enc
western Railroad Company, thrce-eightiaths cf
one per c. at. . p,n., .,;o.,,
of one per cens
h1e len, na ana sun ih "S'n'A' one '''''e'h OF
~,
~
| together they make tax which Is quite
| - lomo -, ~, oo,o ~ No,.,l Co,;,o
~ l"' sc "> 'i'S t''"fi0 u 1'oi''i N''o''n''
are able to bear, without considering the
| ou,,o,,o o,,o,,n+ ,.oooos,,1, 10 ,,o,t tho
onoi 'iio''' ''i' i' w ~ "
current exDenses of the State government
| , ;.,. a., c.o.>
| anu pio'l'e 'ol 'no An'eie" "Pon VIC o'a'0
debt. Then when we consider that our
-, ., ee. 4. &C.. e.
bonus axe ohly WORTH MY ~ hlfJ 1--WE
cents in the 1eDreciated currency of the
| :,
government, we can easily calculate now
l;ttla railroad nuch taxes will brild even
if honesty and economy are practiced 10y
A. r ,, ,,oro o,1 who 1r;li ha1,o tboca
tlio nneh WIZ n"'o "A.' WIZ 40. '''' ''>0o
works in charge. 1t IS not pleasant or
y. ,,r,o,,oot h,+ = 10 ono noon,a
promising piooPeo'' guy ~ 40 ono ""i poopAo
must look boldly in the face and do the
|, =,
pest tney cau'
fofneS'
To LET any admirers of FOruey If any
| =, -:
there be among the gOod people or TINS
Soot;on soa how their hero retnrns INV
oo' w
kindness they may nave shown HIM during
his rncent trim throurh the Sonth we uuota
fuor, Tho w.sb;ooto corresnondant 81 tbo
p,l.;n,oro Gozoos as follows
r.,rnev vent Son h with an olive branch j., one
hand ard circulars Of l1,a Southern land soncy
-! 'Io u IN. 1872 t " h -; ~ 10 li t
Tue ea t ~. y" 80 ~ wv 800 te
peopie ne o ~ ta WIZ lo"t
HIS fsith -; III 80 fnnp, irinIii ~ ~ thp
atod 80 coi,aiatanfI1 vi,6ei amd lyoIII,i i..,o
n~th;no W 40 viii him or his iand agerrv par
NJ n",4li!S ~ 49, taI tha ,,f in 10 33n ltI,
AapS my! 49, ~ ' ,'o "''i i rtd - t'.'a
ius, Hliu ioiHIe.t '? of ~ 49, t,"' "S
~ u .rs ;c,n o,, :. pannh?cn,1s,a - .s,;
thn saonth which ~ !, ore
thinr tLst has annearcd in It's rn?nn'ns ~ xnne
tnaa ' a"d tha. "a Won know is sa,1nr . @rnat
Saa1 Ian evdence Of The fs,rnass anI, Ione9s
f a. 49, ,ewsnaners Lot me- 49,, LII ot
teption 10 one point Twice is the murder Of Mr.,
Sdkins ,cfnrreI to in this article "a p nnr,irai
$50 he was = RonnhIican and he vas :. NM
ao5 fnr bia no,it;cal oninion aars tho C1ro';
go ~ ~ U t,lpIriro .ennoIn'4 80 a -
49,, adnt thI rornIrv Wa s,nn'ntseJ Nv 10