Bozeman avant courier. [volume] (Bozeman, Mont.) 1872-1882, 1874-01-09

, might last-as the saying is, "killin
three birds with one s.0ne.n
They have prostitated two or tire
of the Sound presses Is adjuncts TO
their "dirty work n-cOmmencisg q
Seattle (of course with old $50" il
the Dispatch of the 18th, and carrie,
into tho iNyEpia Courier as follows:
"PCO1 TACOMA.-Hon. A. A. Den
ny, President of the Seattle and Wall,
Walla Railroad Company, has just re
ceived telegram from Presiden
Cass, of the n. p. r. r. Co., askln.
what Seattle is prepared to offer as :
bonus to secure the extension Of til.
road from near Tacoma to that city
We did not learn the reply.'
Followed by the annexed shyste1
balderdash from the last Olympus
Echo, temperance and moral organ
but which seems ready to "bear false
witness" sometimes:
"BEwARE.-As we intend to use
our journal for the benefit and in the
interests of the people rather than for
corporations, we will warn citizens
who are not thoroughly conversant
with the facts, to be cautious about
purchasing lands from the Northern
Pacific Railroad Company, there being
grave doubts as to the company being
capable of making good title to the
lands they even seem to own. The
company is sadly in debt, it's credit is
not good, and every acre of it's land
subject to a heavy mortgage. People
who purchase these lands, take fear
full risks. Beware
We correct the above shyster NAL
ice by asserting, with the fullest data
to sustain our assertion, that the N.
T. r. r. Go. is one of the most solvent
railroad companies in the United
States. It's bills payable being less
than eight per cent. of it's assets, and
its deferred liabilities confined exclu-
sively to the Pacific Division) provided
for in sixty days.
Also, that Northern Pacific Rail
road subsidy lands are sold as clear Of
mortgage incumbrance as are the
homestead lands clear of
lien for the national debt-each of
which sources of title being equally |
For the information of those who
may feel an importont interest about
the Northern Pacific Railroad affairs
and it's subsidy property, we compend
The following as to ''what we know
On the Eastern end-452 miles, from
Duluth to Bismarck does not owe
! dollar for material or construction.
Tor for deferred current expenses; and
he receipts Of the road are beyond
he margin figured by the most san.
,uinc of its officials. Last season the
oad was self-sustaining, beside build.
ng warehouses, bridges, tanks, re.
'airs, ETC., from it's receipts aboverun-
ing expenses-so is the report of
General Manager Mead.
On the Pacific Divisi0n-1O5 miles.
rom Katrina to Tacoma-there is due
he contractor montgomery $780, 1000
)r construction of the Tacoma Sec
ion, and about $4,000 for advances.
to-, a: -angements to settle the whole
y February first being perfected. It
lust also be borne in mind that the b
bOve mentioned sums due by the1
'acific Division have no liens nor Lien
pom the n. r. II. II. nUr SUBSIDY lanns
the Company; that twO-thirds Of
re Pacific Division Indebtedness is
ne ,cithin the Company to those who
)ntrOl the means of liquidation by ;
re above mentioned time of settle E
ent, to themselves; also, that when = =
e Division account is closed, the i
record will stand clear of
obligations entirely, other
ian it's bonds, that are not due for
lirty years, and which are based
BON permanent and tangible security
a greater ratio than is the national "
,bt upon the aggregate assessed val al
lti0n Of the whole Union! Bonds. Ii
o, which will he absorbed and can
lied years in advance of maturity by Q
inversion into subsidy land sales-a @
ocess thatsis going on every day. Y
"How is that for high'r We sore y
ads and falsifers! Y
Though the subsidy lands of the N.
Il. II. are m0rtgaged to secure it's
nds, it's incorp0rators, as part of
G legal provisions to facilitate their !
'e and release from Observation-Disclosures. !! 4
the very incipie,,ey of the franchise, !:
rough the medium of 9'trustecsn and =;
cir specific authority running pari ;:
ssG with the bonds, the n. p. Land =
'partment has power to convey title p
quit Of bond mortgage as Govern. ~.
mt land is clear Of lien for the ma
nal debt! And this cancellation Of
'rtgagc is made instantly upon pay. 60
mt of the first one tenth instalment II
purchaser Of railroad lands.
What says the Olympia ~moral1 or :.
n and it's shyster to the foregoing 81,
of n. p. affairsf eli
THE TERMINUS. Vi
From the Pacific lTacoma) Trisnne.l II:
The UPPER TdwN.-The depot and g: g,
tel is the first object one discerns on ets
preaching the town. It is 200 feet
e, 40 feet wide, and 43 feet from &
n to ridge-pole. About 2O3, 900 feet
lumber have been used in it's con.
action, $4,000 shingles were re-
red to roof it, and it is lighted with
The roof overhangs six
and a balcony is built under it P,