Bozeman avant courier. [volume] (Bozeman, Mont.) 1872-1882, 1873-06-13

into which we as a county are invited is like
ly to prove profitable investment.
IN response TO a circular issued By tn,
Commissioner Of the General Land Office
one hi nliei and twenty lone roads fur
nisled statistics of the business OF iiei
pective roads, branches and extensions, con
tanning, among other things, tic capita
, stotk invested, tic annual earnings, and thu
annual expense Of operation, repair and re
Hewal. Tie Ii t includes lines Of railroad
, intcrlacing the continent, from Maine t
| Texas. from Kansa. to the Atlantic. f'..
i OF these roads, thirty-tolir paid less than
3 IL PER cent. net profit, over expenses, oil
lie capital invested. 3's
/ Fiity-nino. almost one half, paid less thar
seven per cent.
( Ninety-ole pail less than ten per cent.
/ One hundred and tour paid lc than
twelve ptr cent, which is one per cent. pei
month. go
/ One hundred and sixteen paid less thar.
rwcnty-four per cent, which is two per cent.
per month. iH
1 Seventeen roads, only. of the entire list.
pnM a net profit. over repairs, and cost 81 op,
| eratien. of ono per cent per month.
Amerg the ist are the following, w:t'l
| which my readers are more or less familiar:
Baltimore and Ollio; Buffalo and Erie !;
Hudson and Boston; Hartford and New lIa-
ven; Mich gan Southern and Northern Indi-
| ana New York Central; Pistsburg. Fort
Wayne and Chicago; Chicago. Burlington
aud Quincy Richmond, Fredericksburg and
Potomac; Mobile AMI Ohio, etc.
Iprcsnme none OF the advocates OF subsidy
would hope for tleir narrow-guaSe greater
success than that attained by the Union Pa
cifc, or that ,Eeir County Cominissioner-d-
rccto $ and Stockholders are snperi Or fi.,an-
ciers to those who operate that great corpo-
| ration, whose operations are thus set forth
by tile Commissioner OF the General Land
Office in his report for 1870, tile first year OF
the road.
'Equsliziiig tie combined route Of lie
Union Pacific and Central Pacific upon The
ratio of mileage PR scbtcd by the last named
| r.furns and we have for the 1904 miles be-
tween San Francisco and Omaha. Il capital
actually Invested, as shown bv tile united
cost Of tic TWO roals, with their equipments
OF S2c3. $40 Co. The gross ca nngs have
amo intcd to Sli,07S.675. about half which
amount, or S7.oO0,Go0. is net profit, about
8 Il per cent. upon tie capital actually in
vested ''.--ECom'r's report, 1870. p. Oh. ,a III
1i,I1c fGpyerHincnt. by Attorney General
Williams. has very recently commenced q
suit IN Unitel States Court against the
Untrn Pacific Railroad, in .whlch one OF the
charges j., 81 h; earn n lave not be, ii si,fl-
clrlt to pay TIC accruing intcrysl eli the
floating debt..' o..t..g ss.,,s4f. s5.e.,..f
We ought alo to consider that the roads
harncd In the list above named In tie Iist
above refcrre,l 70, are very differently situat-
ed, from that predieament in which our pro-
posed tran way will be, in this respect. at
Least, that they all traverse older settled
settled countries, and haze more or less way
freight, and passengers from one town or
station to another. and That they either form
functions with other roasls, or are tho COR
meeting commercial links between large cit
les. having nnnumbereel advantages. COM
pared with what our little villages now have,
or in tue nature of things can have, for halt
century to cone. Our proposed subsidy
road will copncct some .age sbrusi, point l,p-
on one OF. the railroads completed south OF
us with the little village Of Helcna. at which.
when a train arrives. it has arrived, as il
were, at the bottom of a sack. and must turl,
round and 80 back again; and when, il has
delivered our little seven thousand tons OF |
iieiglt.i it will.haye nothing else. TO bring to
iis, and nothing to take away. tcxccnt The
produce cf Our ia:ms Or our MINIS. for man
uiactnrcs He have nonc.ss !. t4sI bste 4saogs s
Leaving our firm products ont ofstIe at,cs-I
ton. to what cxtcth viii oar ores aud pigs or
metal bear shipment s IL not tile whole
question OF the value and extent Of al,nostI
every quartz lode at the Territory a matter
OF the grcatestEneertahry? Surely. il our I
Iniacs wcseof surprising richness, the Ii alfI
ilozpn public newspapers % tho Territory
could blaz0n the news abroad. antlincite The
ftlsris unless, indeed. tho has had
mis- eoniitlefcessl.akenh by faIsereports. whichI
am not surcilias NOT I'M some instances been
lone. sssia agsii saoat aaeEn as.f 11ita
One d the arguments against ti,c proha-
bility 81 Tie subscription beingaa paying III
ycstinent, Is the fact thata subsidy Is asked.
i Is proposed 'tlias i company NOV crcan-
ICED. or to be organized,sa shall build antlia
Equip lie rca,ts leading sadvDcafes 81 the
measure ar. said 10 lie now abfaasl. soliciting
litfsf-t'peratian OF capitalists. Or other rail-
,sA com patics. Now, If they fayc the 4,
aleag1x ia build ft--if IT. Il ,,a.ei,,., 1890.