Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1871-04-06

To Ike People of Iowa County:

|
but did not intend 60 have done 50 un>
til after the organization of the Iowa and
Richland counties X. r.. the charter for
which was passed Mt the late session Of
the Legislature, and the adoption by the
| directors Of that company OF the financial
! plan which | intend to propose. But the
recent publication in the papers OF this
city Of the communication of Geo. ".
Cobb, Esq, of this city, in behalf Of the
owners of tho Mineral Point Railroad,
embodyiug as it does the iundame ntal
/ idea upon which the financial plan l. in
tend to propose to the new company is
based, so far anticipates nv purposes
that think it proper to anticipate the
/ time OF my intended commu nicatipn to
! you. go,
| think every candid citizen of the
county will do me the justice to believe
that have as great u desire as any per-
son can have to see the county reelgel
OF its incumbent, indebtedness, and 10
one has stronger motives for entertaln-
1 ing such desire 1t thesame time |
never was in favor Of repadiatlng the
debt and never lent any encouragement
timatelv avoid its payment; although |
have believed and low believe, and have
often said, aud now saw, that the pays
I ment can be plocrasDua ed probably
lJr.years have however believed, ever
since the road has been Ia operation that
4 ~ consequence OF the cancellation N
/ ! SO CT tue first mort 90 bonds (1chny-
/ luf bonds, the cCua.r acquired The Erst
/ ica upon tho road ana thereby had
4 mole security lVr us liabilities, AMI J
! ar. ell this Wow upol the County Boa
I OF Super, s0gs, the correctness % which.
/ has now been judiciullv dete mined
! 0.her counsels, however prevailed, and
/ the county authorities permitted a Jonior
mortgage to be ioreci0sed over their
( head without defending il, or presenting
( their paramount claims To the properly.
ana were thereby as the supreme Coat
/ Of our State has decided, est0ppe3 ron
afterwards resorting to their secu! -
! The county has lost it's security and been
! beaten in all It's de.ences TO the dept It.
self, and now IN my belief there IS 10
alternative but to pay Judgements, tiFot
or last) unless some compromise c@l be
made or some consideration obtained,
! HAich will be IN some degree al eQuiy~
alenu for the large sum TO which iater~
ests and costs have swo len the debt
10 is well known to all who took any
/ interest in knowing, that always ia
y6red an extension northerlv of the Min.
cral Point Il. II. While the question OF
voting the county bonds was pending.
pledged myself TO the people TO Go al in
nv power to procure the extension, and
made arrangements with Alessi's, Schny-
lec lelere ,Aeir failure to unIertase IT.
an lave oiwacs been a=iors to prdolote
Int INC lnanciui prus.laUlon VI ne
country in 1857, and the occurrence OF
! the war soon after DELAYED all hopes OF
sRccess, and | have seen no time an II
within the past few months, when 1t
it have done any good to have revived the
project Now the extension OF tho C.N \.
! ". Il. K. from Madison cia Baraboo val
/ lev to the Mississippi River has been
commenced with reasonable certainty OF
early completion, which will reduce tho
distance Tor northern railroad connec>
zion to sixty miles That the WISCONSIN
Il. X. is already completed from Eetnah
20 Menomonec,a distance Of II miles end
finished to st. Croix River the present
! year, when it will be extended south
! erly from Tomah to tho Bnraboo Valley.
So that by filling up this gap OF % miles,
| the Mineral Point L. II would be in dis
rect railroad connection with the Miss
sissippi, River at Prairie dI L. CHEN, La
Crosse Winona and ST. Paul, and with
he railroad extending acroos Iowa and
Minnesota, and to San Francisco and
rugss sound as well as those lying
easterlv to Lake Michigan. Easy access
by rril would thereby be furnished also
to the rine lumber of the Wisconsin,,
Dlaok, Chippewa, Menononee and St
Crojx rivers, AL Of which would be
crossed ly this youte. -
T~oG necessities appeared to me to exist,
! lst. 10 pay or comprehensive couuty
! indebtedness.
ID. ia extend the Ninere. Point Kali
road to the Baraboo Valley.
The problem was. how e utiilze the
first 80 as to effect the last. The Nliperal
Point Railroad Company, or those who
own il, did not appear to be taking am
steps to accomplish these objects. Mr..
Beecher has not visited Mineral Point
since June, 1869, and in October OF. that
year, he told me that the Mineral Point
Railroad was for sale, and that he would
mover spend another dollar in building
railroads in Wiscon in. latherelqre de-
termned to make an effort TO effect the
! railroad come ction througL tho ins;ru.
mentality Of an entire new company, |
| first obtained assurances from the Of
| 6cers OF the Illinois CentralN Csa H,A
9. Il. Co.. that they would pay us liberal
rebatements upon the receipts FROM
business to or from that road then