The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1875-12-09
HON. B. IL TILMAN's SPEECH
IN THE COURT HOUSE WE'D
NESDAY NIGHT

NESDAY NIGHT.
NTr. Tilman stated that it was the in
terest he felt in the country, and and the
towns upon this important route that
brought him here tonight. He instauced
the prosperity which various roads have
brought where they had been built
And asked what would be the condition
of Bolivar if it were deprived of the ad-
vantages of the Mississippi Central Rail
road, or what would be cur condition had
1t come in or 8 mil es Of Bolivar In
such an event the town of Bolivar would
have been entirely ruined. lie said that
to vote subscription Of 10000 by this
city would complete the link between
Bolivar and Henderson Station on the
Mobile road, aud in conjunction with the
vigorous movement east or the Tennes-
see river, would give an impulse VIII ich
would ensure the completion of the
whole road. That before the Miss
Central Railroad was built the total of
taxable property in Bolivar was about
$I0S 600, whereas it is now 1885, 900,
and this increase in value was mainly
due TO values conferred by bulldog this
road He contended that as railroads
benefited all alike, that all should assist
IN building them That there were
some who even opposed their being
built by subscription. Some of these
were men of property who were willing
to receive the benefits of the roads, but
were unwilling to aid in building them.
This he said was not right, as ali should
share in the expense which gave a COM
mon benefit That even the costly
broad-gauge roads which had cost origi-
nailY $4,000 per mIe, which had to be
rebuilt since the war, were now averag-
ing $4,000 per mile gross income. That
narrow-gauge road would cost by en-
gineer's estimates but $4,000 per mile,
and would do the same amout Of work.
But even at one-half the gross income
of the broad-gauge, or So 900 per mile
that it would be dividend paying in
vestment. That of the 81 narrow-gauge
roads in the United States there was not
q single one but what was paying in this
time of general depression That Boil
var would be benefited largely by this
road. The machine shops would be To-
Gated here, trade would seek this place
| from the counties East Of here, and up
on the Tennessee river, that population
would 1ow in, and that the coupons up-
on the bonds issued for the 10000 sub
scriptIon would furnish and answer the
purposes Of so much currency to our
locality That Is the bonds Will be Is
sued in denominations of 500, and two
thirds of $500. Bonds to run twenty
years. Let the tax payer buy these
bonds and pay his tax with the coupons
For instance if persons tax was s. {
year if he would buy 800 bond the
coupons attached to bond running TWEEN
t. years wauld pay his taxes each year,
and at the end Of that time he would
still have the bond worth 800. AnC
this would burden no one-but on tht
contrary the interests Of Bolivar will b.
promoted. There will be a large in
crease in the value of real estate. Their
will be additional trade brought here A
new impulse viii be given, the lahore
and mechanics wages will be increased
and the property holders ability to pay
better wages will keep pace with the
same. He contrasted Bolivar and Jack
son, and showed that jackson had NJ
natural advantages over Bolivar but he
great growth was due TO the tact that sh
had two railroads, whilst Bolivar hat
but one. Mr. TiIman kept his audienc
deeply interes ted for an hour and hal
by eloquent appeals not to neglect tn
present opportunity to make a subscriE
ton towards building the Memphis 6
Rockville narrOw-gauge road which
would benefit the whole country through
which it is built, and be paying invest
ment to those who put their money in il