The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1874-01-02

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shs~ ths arA@si rs.A @e.s nF It'll.
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sr~ M shsseas ,hN The neat,le
.hnnia AAns sets mach shsa, /,
AL tic mrn whs y sasri .,e III
hesds and siatk ef shese eesr.s.
sie.s hsi u e.. shsis insers., se
wAAs shr@ srs'm qaise ~ large ~
she ease wili warrant.
f.r these feasans we hare aimed
- get Al the actual fse,s ~ A.
near ~ nassihle. The .s,i,r s,es
which Esllaw arr based an tn lalu.
msnt ~ competent envEnspss AMI
sram The nrtaal construction ne.
.nanas NJ SOME nf nar rosls.
a. above stated, tAkinx the aver.
arr cost N Labor, lren anil roll,nv
Stock since ls0i ~ lssa, twelve
wears, 4 fair essiin ssr cf tho en.i &c
Iowa Railroads will hr 4. in,laws.
Enrlncetinr, uraiinr. lsrilrinr
and Ties. ........ $1,000. III 600
Ironing. g............4... 5000
S,s,iarhousrs, watcttanks, a. 900
lsollin9 stock ek...........a. 1000
Making the average cast during
the timr men,lonrl Ais. moo per-
mile. ! am aware that some ron,l~
have cost more than this. while 9TH
cps have COS, much less. | nm also
aware that IN some Investigations
~ suspicious stockholders into con
s,rnc'inn accounts, the con ~trnctinn
companies have been able Ii shnw
vouchers ior 4 larger anm than lhis
expended. Int \, Is none tho lcss
srnc thar with money expended with
Tho same economy anil care which
men ~. Ia tho ordinary business of
tho country, Railways ran hc we'll
hni, AMI stocked lr Sis, QUO per
mile. When iron coul,l be bought
tor 40 per ton anil ties n, - cents
apiece aud labor n, one doll,t DIV.
~ course the nernua, wonal stand
mnrh hess. Aud WHEN ,arn wls
800 per ton, or oyer. thr accounts
would b. greater, but al things In.
ken into account thu above r..na,.
ma, he considered fair one.
4 further consideration uf this
In.s,i'n viii al 10 ,hc enquiry ~
- WIN, the Companies have rercivt
el n. III Offset 10 this construction
acspmnt There h.s hrrn given M
hann-, ~ donations ~ Railroads In
t',r State - Iowa, ~ iulInv~:
AM,ua, ~ lo4al taNes
%',e'l hN | .Wnshirs, -, II a,il ,a.a
Alnunt ~ local sl,ilseiip
ii"hs, ,,,..,,t.., 1880, III ,uso
NJ acre. ~ mn, lah,l IL.
nnnul hy eoa.l,,.s iI1.ilI
Na'ae o. swamp lN,l, - itul ss5
An,Mn, IT hoals TOR ahieh
counties ara responsihle 8 10 900
Amn of bonds tnr wl,i.il
cities nrr responsible. 4 .n.1.0ia
Whole amount .i lmal nil
t'rpn these sontc. =, 6iu. 10. ~,
~ near N ran bc ascrrlAin.d
from tho government anil Stair
l,n,l "illcrs, there has huen granted
nnl rv,,iiir,l to I'll. various railroads
IN tho State mt iAr from t.tlt,Oi
acres of land. tn. - lands mr.,
among tho best IN tho State; anil ii
mir average valuation Wnnll b.
R,c dollars per Acrs. Al this rate.
tho valuation Of tho :nnd would
amount TO t2a.l70, las :; ndn 10 this
lO, ,30!. O?b, the loeal all, AMI WI
have In donations saa. t7a,OD
II may be- claimed TINT this land
was donated by tho general govern.
mont, hut Il will bc remembered
TINT whom every nliernate acalian
was given 10 tho State to nil In the
construction oi railways. Tho section
Cd djoining was doubled In p,icc, 20
that tho ssltlcrs hnve In reality
paid Tor tho land given 10 tho rail.
way companies. 1'hors Ars other
donations from tho people which /.
not possible 20 cs.lmalc--snch N
donations for righl.oi.wAy, dcpo,
grounds. town sitcs. etc. Thcsc
will more than balance any losscs
snatAinsd by rcason Of cost of col
lsetng local subscriptions.
Thcrc was On tho hrst day Of
January, 1879, a,0la miles of rail.
road built IN .hi, StAtc. An aver.
ago nppOrtionMont VI tho amount
donated ~ all roads In thu State,
via !: tsa. a.t73,00O would Amoant III
%, 100 for every milo Of road bui't,
"r . fraction over onc.hnlf of thr
actual cost Of MI our railwaya The
resources Of thc companies Lcyon.l
sho.u Just named Ara stock nu,,.
HcriptiOMs, anL bonds issued and
solh On tho mMkc,. ~ 10 Ii,
amount or this class 81 asssts u~r.l
tn tho construction 0f railroads W.
shall never know until railway III
rcct0rs mood AhsolMlion, aud III,
secrets 0f Wsll str.et arr given up.
II may DO safely asserted that ths
railway Uompan.cs of iowa repre-
scnt double tier actual value Il,
stock eevtihcatvs ani mo,tvug-
bonis. Tho immense npl princrl,
grants of land anil Local Md gisc,
hy towns. counties anl individual.
vert given for n wise nnd bcne
aocnt parpone. They y ~ giv.,
10 cnahlc roads 10 bs bnllt thr0nvi