Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1870-09-10
IIllII-InlI nlIIIInIII-


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ilf f.fHf Ira.IfiiiHr go ieaiiaE a.
flaif phaIH fla nrailf fri % ntI a.
uirrfl 81 tht tsrrarT iiai frHf rfeia-
siisas siiI ir lasar ~ sar Irsllt iiHiint
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israIf llFiis re- siiiia so hall ailf n a.
ffrniasir his ga.if rfiiaia ihsi az
rsaIary piil ssFfe iAai lfls' gffsad D.
l.nsirl % ihrra aal o. ile prosperity ~
go ispa, d 10 issim''s alas snrh isrsiisn
shsali h. sals ~ ReaF a. ihs ieaTiheasr
a. ia seusanliug siIruusianefs vii al
nit neaii il ~ ls sell f,r car eiiifsns
a. D. csi'sl ioEfihsT aEi aissass he .ssi-
isT, arl 80 phgse Esiis,ls gFoaaas feF lhis
pauass raa 10 fsanls Ne Csuh pace
ear Eager 90 several laeliions ilai Weail
h. osRgsnisat sui issirstls, hai 90 kneW
iAai suTpasol e0nfisiiHg inisgesis nigAl
ilfsrfsns sal Riih iAis issl staring us ~
ihs face We urEs that sone seiien be Ia
krn o. ne People - 'ssrsf, az course The
CamIany Fi.i tssspi- ihs tssi pFepesiiieR
usJs, iakiRg an lhe ssneundinEs. inio
eaEsiifmiisn, Il is noi % le eSposisi Or
dssirei lLai ene or iWa o. ihres nsn sheu'i
tear abe lurlfn u Say donaiien Inst may
h made, Zoe ihs Ttasoa that Nilhin The
linil 10 Uhich iLs depot shoali bs sonan-
"a, no eae, tive Or ,hrse mea have sufficient
lsnl 10 enable him 10 divide aLi for ibis
reason NE suggest action By the people
generally By a meeting, in Whish conflict
lag Interests esR he Teeehelle,i, aHd tie
bunisn aud tie benefits be divided more
sqgslly. We hope our people will take the
lnalisr into consideration aud move
pFomr,ly,
And while on this subject Of railroads
a snhlss, oggrsai Importance ioouF rapidly
growing ieHa-Hs have another snsges'
,loa TO offer that seems 10 us both Iiiaely
aud proper. Might not tie county, UNI
der the special tax law, which Ne believe
became a Law, al once levy tax Of cay
one or Two Per cent. upon property, aud
with tue fluid thus ralsed 80 On, as soon A.
the route Is located, aud grade the road
from Dallas 10 the Soulhern bOnndry Of
the county. We have assurances that the
Company will pay fair price for iheNork
In bonds Of The Company which bear per
cent. interest In gold. Suppose, for in'
stance, that Dallas eounty raises 100000
In this way,-it would not all be needed
the FIRST yeari--for this amount she could
obtain q like amount Of bonds which would
yield TO the county an ansual Interest OF
$1,000 IN gold. And these bonds, II nee
essary, could always DO eashed FOR very
nearly their face valae. As soon as this
work is begun, lands in the county would
nearly, IL not quite, double in value, and 1t
would not have cost the owner more than
Que or two per cent, on the present yalua-
ton OF the property. Let US enter little
into figures. The total valuation of prop
eriysin Dallas county the present year, nc-
coriing TO the Assessor aud Collectors re-
turn, is S3.i93577. One per cent. on this
amount is SGI.03j. Say n tax Of y per
cent. was levied that would yield ;s52.-
1902. Two years tax, OF per cent, there
fore, would give us more than the desired
amount and the money would be invested
in bonds, yielding TO the county $1,000 in
gold per annum thereafter until 1891,
when the bonds become due. The account
then, Mt The expiration Of The above time
1S91) would stand thus:
Amount of Bonds ................ SlOO.0OO.O0.
Seven per cent interest for2O
years, payable scmi-Annu-
ally, ........"......"...".. I0.OOO.OO
Total in gold, .....".. S2iOOoo'O0
which the county would receive for its in
vcsiment of 100000.
The question only il, would IL be profta-
bic for the county TO make the investment?
It is said figures won't lie, and we think
the above showing fully demonstrates that
the county would do well TO make the in
yestmcnt. We base our calculation Of
course GU the ground that the bonds are
safe. We merely mention in this connec.
ton That they are first mortgage bonds of
Company issued at the rate fS20.OO0 per
mile of completed road all payable in
gold, and secured, not only by the road
bed and all its fixtures and rolling stock,
but further by the land grant of the State,
which is largely more than worth the
money itself.
We present these suggestions to the peo-
pie of this county for their consideration,
believing that they can be carried out sue
ccssrully, and with the knowledge that the
Com pany will do what we have indicated.
nSSs~ Tho First Annual Fair Of The Gen.
\ trail Texas Agricultural and Mechanical
lAssociation will be held at the Fair ground
Int Dresden, Navarro county, commencing
on Tuesday, the LIST day of November, 1870,
and continuing four days. The bills an
snounce that Hons Jno. II. Reagan and Jno.
| C. Conner, are expected to be present and
ISaddress the assembly.
A friend reports Capt Jcsselyn, former
ly of the State Gazette and noted disci-
pie of Isaac Walton, intensely eng tged at
the mouth of Darton's creek, enticing the
fnny tribe to his care and protection. Two
things the Captain always makes sue
cess, writing editorial and catching fish.
[Austin Republican.
A few dnys ago when we noticed para