Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1871-04-07

lease him, but he is held until all is paid
if one town pays its share Of this claim, 1t
is still liable for all, until all is paid
if one man in town pays he is still LA
BILE for all the rest until it is paid
this Is another great argument for uuanim-
ity and concert of action, it being useless,
and without benefit for one town, or for
one man to pay, until all are agreed and
satisfied to do so.
If the bond holders would now agree to
fund their bonds, give us time to pay, and
accept per cent. interest hereafter, it is
thought that $50, 600 per annum in addi-
ton to all other taxes, would be as great
a burden as the people could sustain with
this large payment and low interest, it
would require twelve years to satisfy the
claim against the county, and the payment
of $9O0,0O0, while in the city and town
of Mineral Point where the town claims
are twice and thrice, and in Waldwlck and
Moscow as much more, the burden would
be grievous if not impossible to bear.
From the best information we have been
able to obtain, Mr.. Beecher had but little
means or property when he undertook to
build the road his great estate in Detroit
seems only to have existed in imagination.
Here, we have been led to believe that he
had great wealth in detroit. While there,
he was not thought to be worth much,
but they understood that he had made a
great deal of money out of railroad III
Wisconsin. lie built the road with the
credit he obtained on the bonds those who
loaned him money on them could not sell
them, were obliged to hold them and wait
for their money the earnings OF the road
have paid those debts, and III this blum
dering way he has no doubt become the
a tua owner of the road, or the great
part of it, and also of the bond claims,
which he has never been able TO sell the
few owned by others did not cost them
but small part of their amount, and 1t is
no hardship that they should be required
to share their claim with US, rather than
Cypress the people by the mer CHESS eXac-
ton of the full penalty Of the bond, espe-
cially as it is we'll known that the tariffs
eXacted of the people on this road are
high and onerouS-that the road has been
and is now ruE with view to incommode
and injure the business of the people, be-
cause they resist the payment OF these uh
Just claims no doubt in this way the
people have suffered enough to have pald
the whole claim. Ultimately the cushions
involved by these claims, belong to and
must be abjudicated by our state courts,
and if our Judges have the manly courage
rights and laws Of the state, and the pre-
ccdents Of their own courts, we must be
relieved of these onerouS anO unjust claims.
The courts hold that no laws enacted since
the issue of these bonds can IN the least
impair their validity, or effect the right
means or power to compel payment-and
to be equally just must also held that no
such law can add TO their validity, or to
the right, means or power to compel pay
ment both the bond holders and the pe0-
pie must stand or fall by the rights ac'
quired and the liabilities incurred, under
and by virtue Of the laws as they were in
1853 when the bonds were issued. 1t is
not believed that the laws then, nor now
are suffic ent to compel the payment OF
these Ubiquitous claims, against the united
refusal OF all the people.
The able counsel Of Mr.. Beecher has
said in the Bcloit, bond suits substanti-
ally, that the bond holders had for years
sought legal remedies in the courts Of thc
state, had in vain used every remedy that
court could give them, to enforce collec-
ton of their Judgments, and that the only
result had been successive bills of cost
against them that taxation depends upon
the volur tary action Of the people; aud is
no security to the bond holder, because be
has no control over II that taxation Is
the shield Of the people but no sword for
the bond holders for they cannot WELD
1t that although the Uuilcd States Courts
have held that they might compel the
lcvyirg Of the tax the history Of the
litigation in the Belot cases, illustrates
the difficulties and impedimentS in the
way of exercising the power which rem
de'S that remedy well nigh, if not utterly
worthless, as a COcrcive measure"
Now, people Of Iowa county, having the
whole matter plainly before you; think of
it, consider it, and il you want to pay
these claims say 50. Ii not, if you do not
want to be the slaves of these Shylocks,
who have obtained technical legal advan-
tage of you, toing for, and giving them
for the next twelve or fifteen years all your
hard earnings, then defend yourselves
rightfuily, and understandingly do not
20 around saying that YOU are beat--muSt
pay-been to the supreme c0urt--Marshal
coming What one of you would do this
if he had a suit pending with another
and this is your suit, every one of you
Do not go around hunting for some one to
pay this money to, for not one Of you has
yet ever been asked for cent of it, Do
not tell your debtors when they dun you
that you canro pay because you are saw
ing money to pay tie railroad debt Do
not, as you did last summer, when bond
holder goes among you, send him back to
New York, with the impression that the
people are anxious and want to pay, but a
few contrary ones, and lawyers, will not
let them do not elect men to office who
had rather get you into paying this enol-
nous claim, than lose their paltry fees, On
their collection; do not listen to or believe
any thing these Shylocks or their hirelings
tell you about these claims, nor be inhu-
enced by their favorite plan of new rail-
roads, only invented to divide and create
luminosity between you. If you want an
other road, you can never do worse than
to have it through any connection with the
owners of the present one. If we build
another let us build ard locate it, so as to
kill this one forever for so long as it is in
the present hands it is bound to be steal
and curse to this people. Do not hold in