Bozeman avant courier. [volume] (Bozeman, Mont.) 1872-1882, 1873-05-16
THE RAILROAD BILL.

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We publish ON our out side the Railroa
bill as it passed both Houses Of the Legisl:
: tive Assembly over tile Governors veto
10 say that we are opposed to this bill
would be only reiteralion; but OF all til
measures OF the kind submitted to The l-cgi:
iature, or talaed Of by the friends and adyc
Gates OF railroad subsidy, we regard this i,
the worst. Ii is.a mystery TO sns by villa
mailie- of reasoning those members OF tn
Legislature, including our own delegation
except Mr.. Tate, who SO stfenolsly opposed
and ctfect,lally defeated the Sanders bill
! were brought around to champion and esei
pass over the Governor s veto this bill Which
is more obj ctionable IN its principal feature S
We submit the bill to the careful peru a
and stu-y OF the people OF Gallatin County
and i'll be satisfied with the verdict they
pronounce on it ut the Au ust election. w,
have iiiale it cur duty to feel the purse of til,
people OF this County on this subject, and W.
| 10 not candidly believe ut this wrieing thai
there are more than one hundred and fifty
oaS VA tlOs thuS tOlCiS VI IaIldl1t
County who favor the measure.
As considerable time will cIapsc between
now and the election. we VIII MT at this
time 60 into ali extended review OF the bill,
but will submit tile following from the Ns,o
North Vest. a disinterestei party, SO faras
the vital affect Of the IN assure is concerned.
to the readers of tho CoERiER: t
1t Is an exquisite swindle. II it is ratified
In ANY county, much less in all counties. we
VIII DC wrong in our Judgment. The OBJ
noXious character of is provisions is aston
lshing. Like an overdose of poison, it will
be an antidOte IN itself. In the apportion-
ment OF subscriptions it is provided that two
per cent OF such subscription shalt he de-
termined upon all taxable property at. tile
time tile North ard South Railroad reaches
each county. and tile remaining eight, lhir-
teen and gh:een per cent. ut the next sub
sequent sssessment after the road is COM
pttrd. This completion, IL is provided.
Shall not be later tran February, 1876, so the
assessment CT subscription, (if "A snbseqner
legislature does hot extend the time1 will
De made in the summer of 1s76-ovcr three,
years from now. when in al reasonable prob
ability. the seNarthern Pacific will have more
than quadruFled the taxable property Of
those counties. and madt. the subscrip, ion
loJ per &C nt of the present valuation o, such
counties. Sanders bill only I Contemplate d
IS per cen. in Lewis and Clark. 2j per cent.
N Madison, and corresponding per centages
n other counties OH the present valuations.
At.thc TAX valuation OF last year the sub
..criptiors under this bill would be: For
Lewis and Clark. 500 .53I: Macis $780,
$50; Galla,in. SlSI.534; Jefferson, $107, 227
lea gher, $50. Total, $1.2l5. 236. which. i
!. rrccr c.lIt inssirss per ar I'm. would I
,ield $50 ,O66 to,,the Ring. The subsidy papers
'eclared some months since that the North
lnd South road would appreciate values i'm
he counties through which it woul lrun ten
Old. If the combined effect OF lie Northern
'acific (39 per cent? and the N. and s. n per
ant.) should he to appreciate property hall
nat mtc.i.in three years. it would make this
uoscfipilon bv flic five counties named
mount to S6.0O0.000. with an annual interest
4 S420, coo. So that. If tie properly of those
cnliiies does not api rociatc by voting the
took. do they want TO pay $685. per alnum
axes f0r what they obiain no benefit from
nd If !. does appreciate from oil causes one
alt what they have heen promised. do they
ant TO subscribe $1,000 600 wi.hS42O. 600
'terest per anunm tor thirty years 10 bur.
sque OF i railroad that when completed will
Do PROBABLY be OF as much practical benefit,
'miner aud winter. as the present STAGE
re. 1t is also provided that the assessors +,
all cnntroll and estimate the property val
mon and the per cent. of subscription.
llich makes the asscssorsIiips fat y t3r /
rs.
The section four is tie kernel that the
9th OF the Railroad Ring " i'll fatien on.-l
&c counties are tn receive certificates at par |
lGe Tor their subscriptions. and then when c
e counties find they are deriving no bcne-
; from such certificates. or the operations 5.
the road. or the interest they paw, the
will submit proposition to
! the m. they will bt put up ''in the mar !
T prescribed for the sale of real estate by
cria s execution" lie Ring viii buy them
ut a few cents on the dollar. and set back I
subsidized grandeur pocketing per cent. t
+ ailnum interest on the face of the cert it, !,
ties for thirty years, and finally the entire :.
Mount subscribed. and the poor man NAV 7,
i ard his children go hungcre,l. but the t
u, OF flesh VIII be cut rclentlessly by I
ylock corporation that NAV have given no :
n =. for its feelings. Smooth,