The Superior times. [volume] (Superior, Wis.) 1870-1912, 1877-01-13

to 800.
THE INTERNATIONAL & GREAT
NORTHERN r. X. OF TEXAS have q
land grant of 1850 acres to the
mile and are exempted from al
taxes for 25 years. Whatthis road
W II do for the State remains 70 be
seen.
THE MINNESOTA VALLEY r. r
pays no taxes on its lands while il
owns them.
In Michigan the policy has been
to foster end encourage railroad
building in every possible way.
/ They grant, d lands TO a great ex-
tent snd exempted the companies
from taxes on them To mining
companies they granted exemption
from taxes on all property located
on single section. In some IN
stances on the exempted sections
the plant was worth a million dol
lars. This policy worked so well
that less than two years ago they
chartered another road and gave it
Is sections of land to the mile and
exempted it from taxes for | 6 years.
And with what results !? Industry
hays rushed in there to a surprising
degree. And in the year 1875 the
Peninsula of Michigan with natural
wealth no greater than that of North
ern Wisconsin exported it's products
to the amount of seventeen millions
of dollars while Wisconsin, adopt
ing quite an opposite policy, IKE
miser keeps its treasures locked up,
and shows only the garments of the
beggar. Northern Wisconsin is
poor and wretched while its people
walk over treasures untold which
need only enterprise and capital to
dig out and enjoy.
THE LAKE SUPERIOR q MIssIs-
sIPPI ROAD, pays no taxes on it's
lands. In 1872 they sold quite a
large amount TO a number of spec
ulators at $2.04 per acre. Butthey,
the spectators, made sad mistake
in their calculations. When they
purchased, their lands became tax
able, and since that day they bave
not sold lands enough in any year
to pay the annual taxes, and they
now mourn the fact that they mus,
lose not only the interest on their ~
vestment, but the principal itself.
This fact only proves that no person
or corporation can afford to take
a large amount of lands in this
country, eren as a gift, if they must
paw ,he taxes. For the taxes will
be more than their cash receipts.
The HANNIBAL & ST. 10 Z. K.
This road is the principal cause Of
all the prosperity of the State Of
Missouri Before it was built the
United States Government graded
its lands from 81 % per acre dowr
to &c. and was unable to sell them
When the Hannibal & St. 10 roa(
was built they sold all they had a
$3.50 per acre, and the average
price for sales In 1875 was $i2 81
per acre.
The BURLINGTON & MISSOURI r
r. land grant amounted to 1900,
900 acres. Before this road wa
built lands went begging at soc pc
acre, but now sell at from SIS .0'
to 2o.oO. There was no property Il
speak of before this road was bull
/ along its projected line. Now tn
, property there is estimated at 500,
O0O,p00.
The ATcHIsoN, Topeka q SAN
, Ia FE r Il. land grant 100000
, acres. Before the road was bnll
, land would not sell at $l.-5. No,
, al! Government land is sold and
to-day worth $l2 to $l3 per acre
: The population has increased fror
, 5S, 900 to 1877, 900. And propert
/ has increased from comparatlvel
z nothing to about $iO,O0o,o0O. c
, this grant they have soli 10000
acres at an average price of S5.2
per acre.
Notwithstanding all these fact.
4 the reports Of the Railroad Con