The Weston Democrat. [volume] (Weston, W. Va.) 1875-current, 1877-06-16
THE RAILROAD,
Should We Vote for It's
Further C0nstructions
A Brief Argument In Favor or the
Subscription.

SUBSCRIPTION
JACKSONVILLE, June u, 1871.
Nr. Editor: ON one Of the few
Who voted against the first subscrip.
ton to the Weston g. West Fork Rail.
road ; but nm ono Of tho many, out
Of that number. who will chccrfully
vote for the $40, 900 now, asked for BY
tho Directors Of tho Company. In
this respect I am like Col. Kee, the
Granger Assessor Of the Lower Dis
trict Of the county; We thought that
100000 might have been had just as
easily as $4,000; and we felt well
assured that the latter sum would not
build the road. But no matter what
motives actpaled Is to vote against the
FIRST subscription, the question now
presents itself: Should the County
Mror q'ray The money already erpend.
cd, or BY another subscription put The
road IN running order? During .
recent trip along tho line, noticed
that oyer nine miles Of tho road was
already prepared for the eros:-,ies ;
much Of tho building and tressling is
either completed or in process of rop-
atruction; aud tho work is being rapid
ly pushed On into Harrison county.
The Directors moan business. They
arc straipipg MI their energies, aud
deyoting their tine and money with
out cost to tho people, to tho prosccu-
ton Of tho enterprise That they have
done all that men could do, even tho
bittero4t cncmies of the road (aud |
am glad to say they are few must
admit.
It's now known that it will cost
$50, 900 more to put tho road in run
ning order-that is, including cars,
engines, depots, and everything ncccs-
sary to place the road in actual opera
ton. 1t will tuke $4,000 more to
do this !; md if it is subscribed, hayO
iudisputable evidence that the ushering
10 Of the year 1878 will bring with i
the hoarsc shout Of thu rejoicing iron
horse, waking up tho echoes Of the
West Fork with ferco but welcome
melody; and placing persons at our
oJuuty seat within IN hours, pleasant
ride Of tho greatest railroad on tho
American continent-thc Baltimore 1
Ohio.
On tho other hand, il the people
unwiscly refuse to aid the road by tho
additional subscription asked for, the
money already spent will DO wasted !;
the work already done will fall into
decay and ruin; tho mountains that
have been pierced aud the streams and
rivers that have been spauncd, will stare
at US and remain asstanding monuments
of our lack Of enterprise, and as 40
evidence Of our unwillingucss to be
generous, even to ourselves.
Under these circumstances, | am
sure that the liberal minded and pro-
gressive citizens Of Lewis county will
forget the sordid arguments Of tempo
rary high taxes. aud looking forward
to the grand future and their duty to
their posterity. will vote solidly "FOR
TUE SUBSCRIPTION.
Let US look at tho matter in the
light Of mathematics: At the recent
term Of tho County Court, the sum Of
81, 900 was Sc. apart, to DO paid into
the hands Of the Commissioners of
tho Sinking Fund, to be by them TO-
vested in some safe securities; and 10
remain ut compound interest.
4 like sum invested every year
for 20 yeaFs,a compound inter-
est, will bring at tue end sf20
years Sso,o9l 81
In estimating the dividends which
will DC paid upon the stock Of
the road after is completion,
put them for tho FIRST 10 years,
1t less than oue-third OF those
paid on the u. / y. Road, orr
per cent, and place the actual
amount Of net cash invested by
the county, including the pro-
posed subscription, nj Ss5,U00,
thus showing dividends, which
will come into the County
Treasury, for the first 10 years,ot $500 90
For the second 10 years place
tue cOuntys dividends on lis
stock ut the extremely low fig
ure OF u per cent thus giving
BACK 10 A,, ip that length Of
iitae, The sum Of $1,000 90
These three sums make Sll6,49i 81
SO that in ~ years We shall have
entirely paid for the railroad ; it will
b. the sule and exclusive property Of
Lewis county; We shall have
SIG, 404 So to our credit from
THIS source alone and from it We shall
not only be receiving increasing divi.
dends (and thereby greatly reducing
our ta4es) but all tho blessings which
follow FROM m influx Of population and
wealth to this and the surrounding
counties.
Again: Surprising the people
should refuse to subscribe tho amount
now asked for, and which is necessary
TO 1.-THE road 10 profitable operation.
the so, 900 already subscribed will
not only DO absolutely thrown away
and wasted, but re shalt hare ercry