The Canton advocate. [volume] (Canton, D.T. [S.D.]) 1877-1897, 1877-08-22
CANTON, d. T., WEDNESDAY, AUGUST %, 1877.
8. Patient.

Next to the market price for wheat, the
Railroad extension to Canton is a matter
of serious consideration to this commune
ty. The present low prices Of wheat has
opened the eyes Of some Of our Rip Van
Wrinkles, who have been sleeping over the
idea that this county would nave road
as soon as 1t was needed. The most bit
ter opponent to railroads cannot now find
timber to frame objections to the building
Of q road into Lincoln county The wheat
he has to sell, must reach Chicago or
Milwaukee, and the long distance between
his granary and either Of those points, is
one of the regulators of the price to be
paid him in Canton or Bsloit for his wheat.
Were the iron rails laid 10 the banks ol
the Sioux below town, from fifteen to
twenty cents more bushel would be paid
for the wheat than now, and every penny
that wheat declines at the elevators is add
ed to this twenty cents aud lessons the re.
ceipt of the producer. We had nearly
come to the conclusion that the immense
crop to be moved this fall would insure
us the extension of the Pembina Road
this fall, but now as matters are, we can
not with any assurance, expect to be even
within sound Of the whistle, for some
time. 49,.
|
We are in receipt of communication
from one Of the principal men of the
road, under date of the 18th inst, in which
he says, that the com. .,letion of the branch
to Canton from Portlandville, depends up
on the contingency Of realizing either by
sale or hypothecation, of railroad securi-
ties, and could that be effected ut certain
rate per mile, the road would be built to
Canton or Beloit ut once; but that there is
so much uncertainty hanging over all
kinds Of railroad securities that the best
are hardly salable. ....
The prominence and reliability of the
above namau gentleman, assures the above
as being the correct State oi affairs, and
as we caa see and read f)v ourselves the
prospect of Immediate favorable change
il: railroad matters or securities is no,
good, bu; rather uaf,",r,tle The late
strike aud III; slecisi "a Vt the Supreme
Colrt, ha, added to tne Unsettled aa.l de
Dresse( condition of railway ma!,ers.-
Son, roads, such AS the U. P, C,cago &
Northwestern, a;rl others Of like charac.
ter are building and extending branches,
but of course they are not obliged to put
their bonds or collaterals upoa the mar
ket at rs ri m rs rates rs smaller roads
! are
This Pcmhina Road is the only one that
| VIC can, with any reason, ever expect to
have built to Canton, and in It's compile
| ti0n to this point, we must be interested.
1under the present. and late history of the
building OF railroads. to get this road
without giving one dollar of aid or sul,siy,
is without precedent, and should afford
the residents Of Sioux Valley ample cause
for u friendly feeling and interest in the
road and its ultimate prosperity Even
Sioux Falls is apparently threatened with
u demand for some aid towards the con
struction of the LuVerne road from the
State line to the Falls, and it may be in
this end, that we shall receive an equal
benefit, in the end, from our road, and at
far less cost to its citizens, although not as
soon. we must be patient, and not com
plain at the delay of such gift, as will
doubtless be presented to US by the man.
ayers Of the Sioux City & Pembina Rail.
road when times will permit them.