The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1874-11-27
YAoUINA RAILROAD.

By an oversight we omitted to give
a reprint in last weeks DEMOCRAT, Of
the appeal addressed "to the farmers
of Polk, Marion, Linn, Lane and
Benton countless" by B. W. Wilson,
President of the above named Rail
road Company. This is an import
ant enterprise to the people of the
counties named in the communica-
ton, and one, we trust, they will not
overlook. There is surplus wealth
enough in these five counties to build
the road and have it in operation in
twelve months, and the saving to the
farmers and merchants in transpor-
tation will refund them their invest
ments every year thereafter. 1t is a
public necessity, and why should not
the farmers, merchants and mechan-
les Of these five counties build, own
and operate the road? All want
cheap transportation; they can then
regulate their own rates. Let us
have the Yaquina Railroad. Here is
the appeal referred to:
IN appeal 10 the Farmers Of Polk,
Marion, Linn, Lane and. Benton,
Counties:
Farmers, of the above named
counties: Providing the Yaquina
Railroad were completed you could
now get your IS cents per bushel for
your wheat, in this city, whereas it
now brings but 55 cents per bushel.
The surplus yield of wheat in the
counties named is not less than two
and one-half millions of bushels, per
year. The difference in price us
stated is twenty-three cents per bush
el, or a grand total of $750,000 per
annum, which would be much more
than sufficient to construct the road
in single year, as the highest esti-
mates place the entire cost of the
road at but $500, 900.
That the road will be a paying in
vestment cannot be doubted, as the
freighting of two and one-half mil
lions of bushels of wheat at freight
charge Of five cents per bushel will
yield q revenue of $125,000 while
the transportation of other frieghts
and passengers will swell the receipts
of the road to but little if any less than
5000, 900, or 40 per cent. Of the in
yestment per year. After allowing
u large margin for the cost of run.
ming and keeping the road in order.
we still have a much larger per cent.
of profit than can be made in almost
any other legitimate business. In
regard to the subject of taxation, il
is certain that, although the road and
its real estate are not taxable for q
years, the increased value of the
property already in the county and
the capital which would tend to per
ceptibly tighten the burden Of taxa
ton year by year.
Especially is this true of Benton
county. Not only will the popula-
ton Of our town and county increase
rapidly, but other towns will spring
up along the line of the road; mer-
chant Touring mills will be erected,
and other branches of manufacture
and mechanics will be started in oul
midst; vastly increasing the value oI
taxable property in our portion ol
the State.
All the advantages enumerated
above, and much more, can be con-
summated if the farmers, one and all,
take even small amount of stock.
Shares are but 500 each, which sum
can be paid in labor, land, or any
kind of produce at its cash value. -
There is an abundance of Indian la
borers on the line Of the road who
are anxious to work. These, with
the labor subscribed and, perhaps,
one hundred Cinnamon, could do
the work. We have the right of
way-30 feet wide--and are exempt
from taxation for twenty years, with
all the tide and swamp lands in this
county. There is every inducement
to build tho road, and every one
should tfke stock, young men and
old, mechanics and farmers, mer,
chants and bankers, as all are inter-
ested. The stock books are open
at the Office of the President of the
Company, in Corvallis.
Published by order of the Board
of Directors. B, w. WILSON,
President