The Placer herald., 1871-07-29
BOOTHS SUBSIDY RECORD.

passed authorizing the city of Placerville to
issue bonds in aid of the Placerville and
Sacramento railroad, in the sum Of $100, 900,
and interest for fifteen years, at ten per cent
per anum; amounting, principle and inter-
est, to the people of Placerville, to $3.50.
600. This bill received Mr.. Booths sane
ton. AT the same session bill passed
authorizing the Supervisors of San joaquin
county TO issue bonds to the Western Pacific
railroad for $3.50 900, and Interest at eight
per cent per amum, for twenty years, both
principal and interest payable in gold coin,
and amounting to the sum of $3.50, 900.
This bill received Mr.. Booths sanction.
During the same session bill was passed
directing San joaquin county to issue 500, :
600 in bonds to the Stockton and Copper
opolis railroad, said bonds to bear interest at
seven per cent per annum and run for fifteen
years, making a total of $205 900. This
bill received Mr.. Booths support. On the
28th day of March, at the same session, an
act was passed for FL Dorado county to is
sue 5000 900 in bonds, to aid the Placerville
and Sacramento Valley railroad, bearing in
terest at ten per cent per annum for fifteen
years, amounting to a total of $500, 900.
This was supported by Mr.. Booth. Again,
at the same session, an act passed for the
issuance, by this county, of $3.50 900 in
bonds, bearing interest at eight per cent,
both principal and interest payable in gold
coin and amounting to $3.50, 900. And this
bill passed with the approval Of Mr.. Booth.
At the same session an act passed, requiring
Butte county to issue and exchange with
the Northern Pacific railroad S66, 900 ten
per cent twenty year bonds, which was to
cost the county Sl9S,O0O. Lately the
county has repudiated this infamous act, and
the Supreme Court has sustained it. Booth
helped to pass this act. On the 14th of
April, 1863, bill passed for Santa Clara
county to issue $50, 900 twenty year bonds
at seven per cent interest, the gross amount
reaching $3.50, 900. And this bill passed
with Newton Booths approval. A bill was
also passed at the same session for the issu
ing of bonds and interest coupons to the
Copperopolis railroad, by Stanslaus county,
amounting to s62, 900; this bill Mr.. Booth
also favored. At the same session bill
was passed for the issuing of 1920 900, in
twenty year, eight per cent bonds by Ala
media county, to the Alameda Valley rail
road, amounting, bonds and interest coupons,
to $572, 900. And this bill received Newton
Booths support. At the same session, an
act passed for the city and county of San
Francisco to issue to the Western and Cen
trail Pacific railroads (S4OO, 900 to the for
mcr, and 5000, 900 to the latter,) 81 ,000,-
900 in thirty year seven per cent bonds,
amounting, principal and interest coupons to
the enormous sum of 50, 100, ,O00 And
this bill received Newton Booths support.
A bill passed at the same session, for the is
suance of $500 900 in thirty year bonds, at
eight per cent, by the city and county of
Sacramento, to the Central Pacific railroad,
principal and interest coupons amounting to
81 ,O2O, ,OOO And this bill Mr. Booth sup
ported AT the same session Mr.. Booth
supported bill to give from the State
Treasury $500, 900 towards the building of
the first fifty miles of the Central Pacific
railroad, and this bill became law, though
clearly unconstitutional. A bill also passed
in 1863 for the issuing of $50, 900 fifteen
year seven per cent bonds, by Calaveras
county, to the Copperopolis railroad, prin-
cipal and interest amounting to $lO2, 500,
Mr.. Booth supported this bill. At the same
session a bill passed for the issuing of $50
0O0, in fifteen year seven per cent bonds by
Tuolumne county, to the Copperopols rail-
road, amounting to, principal and interest,
s102 800. This bill met with no opposition
from Newton Booth.
Here we have fourteen bills, all passed
during the session of 1868, when Mr. New
ton Booth was in the Senate, and intended to
take from the taxpayers the enormous sum Of
sS,272 800 as subsidy money, from the
pockets of the people, for the benefit of
schening, close corporation cormorants.
All of these bills were supported by Mr..
Booth-wc have looked over the journals,
and cannot find where he opposed or voted
against one of them. When Senators do not
oppose and vote against bills, they are reck-
oned and counted for their passage. And now
Mr.. Booth says: Let the record stand; he has
no new departures to make. Most assuredly
the land and railroad sharks knew what they
were doing when they withdrew Mr.. Selby
and nominated Booth by acclamation. Could
blacker, more damaging or damnng re-