Bozeman avant courier. [volume] (Bozeman, Mont.) 1872-1882, 1873-05-30
SHALL WE SUBSCRIBE TO A
RAIL RDAD9

555 s
Having shown in nay last. that the SUBJ
scrption OF Gallatin county, according to the
last valuation would amount to one hundred
and eighty-seven thousand fire hundred dol
ars, the seven per cent. annual interest OF
which would be thirteen thousand one hum
dred and twenty-five dollars, the interest OIL
our railroad debt to be paideyery year by the
taxpayers of this county, | wish no " to call
attention to that feature oil the railroad bill
/ which provides that the interest shall be paid
at the Capital Of the Territory, or in the City
1 OF New York. at the option of the bond
/ holders, and also, 10 that other provision
that the bonds and certificates of stock shall
be registered, &C., in public records, from
which it appears that the following expenses
will also be incurred, which must be annual
ly paid by the Gallatl-votcr:
The County Collector must be paid Tor
collecting and distressing the money, say 10
per cent. annually.
The Agents at New York and at the Capt.
tai must be paid tor their services i'm regard
to the annual interest, say 10 per cent ann,l-
ally.
The expenses of the Commissioners Of the
county, or their agent, travelling, attending
business meetings, voting and looking after
the stock taken by the county generally, say
10 per cent. annually.
Besides. there will be incidental expenses,
such as clerks fees. registering, printing,
stationary. exchange and expressaye, say
one thousand dollars annually.
Let us see how these expenses look in
figures
Net railroad interest each year .... sla t25
Collecting and paying out 10 per cent. .sl2
Far Of Is At Capital d N. T., per CIT i,3l2
Pay OF Commissioners or Ag't 10 per CT I'3i2
incidental expenses aboye named, say. $50
Amount annually collected for r. r. debt. is GOO
The Indebtedness of Gallatin county il al.
ready in the ueighborhood OF 500, 00O, which
remains unpaid after eight years of strug-
cling aud tax paying siuce the organization
Of the county. How dishearlening the pros
peet that with such railroad subscription,
we will incur in each succeeding two years.
an equally large additional county debt
And let us not f rget in this connection. the
glaring fact that we have not !. Court House,
County Office, a Jail, public edilicc of a,,y
kind, or even bridge, in the counry.
. Vast as the proposed expenditure is, when
compared with our meager resources, il is
very insignificant when compared with the
cost of the proposed road. The distance
from Soda springs, (which I understand to |
be the proposed Northern terminus of the
Utah Northern r. R..) 10 tile city Of Helena.
ico ii,rt.
culations of the cost per mile of a narrow (
guagc road, where the grade is one foot per
mile, including rolling stock, bridges, &C., is
eighteen to twenty thousand dollars per
mile. We may safely say it will not be less.
on any route from Soda Springs to Helena.
or from the Central or Union Pacific to thai
city. Here are some more figures
400 miles OF road at sae, 600 per mile -. ss eco oso
daliatln county subscription. 1877 800
Dividing the first of these sums by the lat
ter, VIC find that GalIatin will furnish only
about one forty-third part OF that expense,
and If votes are governed according to the
regulations Of the Company, BY the amount
OF stock taken, Gallatin will have one vote in
forty-three, as to tho management of fhe
road or the control OF its finances orlts other
operations. sd.
see it stated, By very respectable al.thori-
~ that about seven thousand tons of freight
sre required to be brought into the Territory
in year.
he proposed road is to be . first class in
Ill it's appointments, rolling stock, &c.
Such road ought to be capable of trans
hitting orc hundred tons of freight daily,
which would certainly be very moderate,
say twenty-five tons for Madison county.
hirteen for Gallatin. twelve for jefferson. i
en Tor Meagher and forty for Lewis aud 4
Clarke, We will suppose that the proposed
Dad Dad annihiates the freight trains and theI /
Missouri River, and that all the seven thous- i
md tons are brought by the road, at the rate /
4 one hundred tons per day, just seventy /
lays viii be consumed i'll the delivery. /
What is tile road to do the balance of tie )
ear: How is Gal.atin Rail Road stock to IF
e made 4 profitable investment, for two $
'lr and ninety days Of the year? h
Z. Z. DAVIS. 4
a CHANGE III the Presidency and Cabinet !
4 France bias been elected in d tranquil &
manner, The veteran soldier, Marshal Mac G
1alon y now At the head Of tbs French Re- II
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