Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1871-03-30
MINERAL POINT RAILROAD.
Proposition 70 Extend 1t North"aro'

Proportion " EA'"~ -
We invite attention to, and an earnest
consideration of the letter of Geo. W.
Cobb. addressed to the people of Iowa
county and published in another column
of this paper.
In this letter Mr. Cobb makes a p'opo-
sition to the people of Iowa County that
merits the careful consideration of every
TAX payer and citizen within her borders.
Briefly stated, Mr.. C.s proposition is
simply this If the people Of the coun-
ty, or any part of them, will aid him to
the extent of three hundred thousand
dollars--to be repaid to them in the cam
collation. of so much of the present rail-
road bonds-he will suild and equip
uithia one year, railroad from Mineral
Point northward through the county.
This is plain, straightforward propo-
sition, which almost any child can CONS
prehend. There is about it nothing
vague, visionary or complicated; it is no
impracticable scheme, and there is no
chance for misunderstanding The ques
ton for the people to consider is, shall
we secure the immediate construction Of
railroad through our county from south
to north, which it is generally admitted
is our present greatest need, and at the
same time liquidnte the greater part OF
the old railroad bonds, which are our
greatest present curseY'
Disguise it as we may the fact is arpa-
ront that there is little probability that
we shall ever be able to rid ourselves OF
the present county. bonds except by pay
ment in full or by compromise. But,
oven supposing the prospects were fayor-
able to our avoiding the payment en-
tirely, the damage to business and de-
preston in value Of property during the
time that must expire ere the finale
comes, would twice exceed the amount
necessary to liquidate the indebtedness.
Under these circumstances, is it wise
economy to perslstently decline to do
anything toward compromising, This
proposition of Mr.. Cobbs is offered to
the people of Iowa county as compro-
mise, and, ia our opinion, it is one which
they consistently can and ought to accept.
We are confident the proposition is made
in good faith; that, If accepted by the
people, Mr.. Cobb's part will be honestly
performed that within one year from
the first of May we shall see the Mineral
Point Railroad extended to connect with
the Milwaukee e. St Paul Il. r., and
soen after that still farther north, until
il connects with the Northern Pacific r.
r., and becomes through route, link
ing the great Northwest with Chicago
and the Fast and South. An immense
incubus will be removed from all branches
of industry in our county; instead Of
$50 to $40 per acre, our farms will be
worth $50 to SEQ, and all other species of
property will proporsionately increase in
value
We feel that the future prosperity of
our county depends upon the acceptance
BY the people of this proposition, and
hepe meetings may be called at once in
every town to consider it, The County
Board especially should give this matter
carcial attention before they adjourn the
present session.
"There Is A tide IN the affairs u men.
Which taken at the flood leads on TO fortune
We believe there is now a tide in tho
affairs of Iowa county let us take it at
the flood, and 90 on to fortune. Mr..
Cobb invites all parties who honestly
desire further information, or explanation
touching his proposition, to call at bis
Office, and he will be glad to receive them
and clear their minds of all doubts cons
corning his willingness and ability to
perform what tie promises
Judicial Election.