The Caucasian. [volume] (Alexandria, La.) 1874-1875, 1874-07-11

ApoUt To 1NQVUQs
". =. =. 80 Id .x.s-
ed, so1ts..sbeat. kaii B(1a, Itba.
ooxs~len = ~ esnet srs asd
says ~" Ri" ,Sss, the - thing
-~e was1 70 ADow, no do - repre-
ib.t I And ~ - moS has 10
got 10 put ID the road We stipslate
for = satisfaetory answer to tbess qass
tions before 10 60 one single step far
|th1r. OF course, II We lisesn 70 them,
they are al going to build It right
away, asd they have all got so@s sps-
|sioss sples Or scheme, all dependent
|aDonss& gltiaE md donating to them
como hundreds Of tbesssnds Of dollars
" bsssd u. TIL y i 55sas - Sss-.ssb-
scriptisss' to shsis sessk, no sesa Old
way, don't do 1t ah-nor do they ever
want ~ bosso~'~ay money: from ~
upon mortgage, oh. NO! We mnst
maks dsystiss - then fsr - isss-
ltimable privilege Of having taso bsild
= road with = good dsaa ef.sss -.ssaS
and having it run BY them and 10 their
own interests. .Asd wbsss !. jstAs
present cas- they ask 40 -sof E9Atss,'
thousand Dollars IA nile! they Ask
10 to build it and tnrn Il over to then,
to reap the proAts.. And when they
propose to NJ 'to.sivs them Eosr HAs.
dred and Eighty TRossosd Dollar.
when they have bailt only siztee,
miles, and do mot propose to give a
any other guaranty. than "their inter.
est in completing the road" for the
Thirty 1noxsand Dollars a mile that
We are to pay them, they simply ssR
Of us to pay tor building the. road that
far, equipping it with rolling stock,
and besides turning it over to them to
make Whatever profit they could out
Of it, that We should give them about
Ten Thousand Dollars . milo or OK
HUNDRED and SIXTY TAe.sq.d Dollar.
to keep them going on their own .ac-
count, and we to have no voice in the
management. of the road.
They have recorded mortgage here
in favor Of some "L6AN and INDEMNI-
rY COMPANY for Six Millions of.Dollara
on the road, and NO matter what con
tract they we're to make with rs, that
mortgage would always be ahead Of a
and that Loan aud Indemnity Co.,
could ut any time sell them out and
cut Us of from all equities Of eur con.
tracts with this Company now here.
Besides, Six Millions of Dollars will
not build the road from Shreveport ia
Vermillionville, unless it costs. only
go, 600 per mile, for they fix the dis
lance at $50 miles. If that is all i,
costs, in the first case they ask us to
give them $4,000 per mile for tile 4C
miles from one One Of our Parish to
the other, only 5000 per mile lea,
than the whole cost; and for the six.
teen miles should they stop when they
got that finished, We will have paid
them $4,000 &r mile or 10000 pc,
mile more than it cost to build the
road that sixteen miles. We would
make S96, 900 by building that sixteen
miles ourselres, and giving it to the Com
paay! This 500, 600 distributed 50 at
to pay tile SO, 900 milo We are shor,
on the whole forty miles Of parish line
would just make US pay for sixteen
miles more, even, and add to this six
teen miles, the sixteen we had already
more than built and we would hav,
entirely built 81 miles ont of forty
leaving them only q miles to build a
their own expense. This is just how
the matter stands. The question il
are you willing to do this
We are in favor of a Rail Road, bu
wc want in the first place, somebody
to build it with his own money. 1fw'
cant get that we are willing to taxi
stock to . reasonable amount, "a,
100000 cash and NO interest. If they
don't want Us to take stock. We ar
willing to loan them, say 4100, 600 O.
$2W, 600 and take Arst mortgage OF
the road to secure ito return, but v,
are opposed to any donations to tbi
or any other company. We want I
Rail Road, but We don't want it bal
enough to bnild it and then give j