The Columbia herald. [volume] (Columbia, Tenn.) 1850-1873, 1872-11-29
Objections Answered, One b,
Ono.

Last week we answered many OF
the objections made against the Duck
River Valley Railroad subscription.
We have heard of few more, which
we now propose TO answer, prcsum-
Ing they are made in good faith, and
not used As mere pretcXts.
1t is said by some, Owe are In IA
vor Of the subscription, but we do
not wish any bonds issued, because
tho interest we onght not 10 pay.
We would prefer paying the whole
amount of the subscription in two OF
threc years." Well, if this is your on
~ objection, we will answer it con-
clusively. The corporation can pay
the whole of the subscription in one,
two or three years, if it wishes TO
do SO. There is nothing in the
terms of The subscription to prevent
this being done. Again, if the cor
pora.ion does not wish to pay the
whole amount SO soon, each individ-
ual can, by buying bond, pay his
proportion immediately. The inter
est ON the bod will pay his annual
tax, aud the bond itself will pay his
portion Of the principal, ii his por-
ton amounts to five hundred dollars.
II il amounts 10 one thousand dol
lars, he can buy two five hundred
bonds, and go OH.
The plan adopted gives to the cor
pontion and its citizens the right to
pay Immediately or TO get an extern
zion for twenty year5. Eaeugh for
that objection. Another objection is
sometimes made, that "the county,
and not the town, should subscribe"
Tho county will not subscribe by a
thrce.fourths vote to road running
almost entirely south Of Duck River,
and several miles from the Southern
border of the county. Whilst we
believcit will bcnefit all parts of the
county, yet Columbia will be bcne-
fitted four dollars where the county
81 benefited one. The trade of Mar
ehall, Lincoln, and Hickman will
come to tho town. Tho money used
In building the road viii be spent in
Columbia, at least most of it; man-
ufacturiug establishments will be
built In the town; the town will de-
rive, every year, more than fifty thou
sand dollars from her increased
trade and business. For these rca-
sons, tho town should subscribe; but
it ia provided that if the county SUBJ
seribes, the town 81 all be released.
This should satisfy all who. can be
satisfied atall.
Some say, "tradc and business
are increased, more men will ccmc
in to do it, 1t is true there will be
IN increase of the population, but
those who arc now established in
business will have the advantage over
any new corners, and the competition
will not Increase as fast as the bust
ness increases. Where there is the
most business, there the most money
can 10 made. If this is not so, why
do not merchants prefer Centreyille,
Lewisburg, Mt. Pleasant, or VIII
Transport, TO Columbia?
Some say, 81 am in favor oft, but
Il will not benefit the town. and will
be burdensome." This kind of OPP
position is too transparent. If you
believe it will do no good, and will
be Injurious, oppose it openly, and
not covertly. State your objections,
either in apublic meeting, or through
our columns, and they will be an
,vered. We have been frank and
plain spoken, because we felt that
the fate of Columbia depended upon
This work, and without the subserip-
tion the work must fail.