The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1878-03-05
Grand total of taxes paid. S46.173 Q

Ofanu COC3l OF taxes palQ. 94o,l|o w
One-third of which goes to the counties
through which these roads pass
The length of railroads IN which no taxes
are paid on account of eXem ptions, or as
sumed eXem options, in their charters, and
the amount of taxes that each would pay
annually, if taxed under the present law, are
NatcheZ and Columbus Railroad, narrow
gauge, 30 miles finished, and is in process of
further construction. The tax on this class
of railroads is $37 so per mile-$1, 125 90.
Ripley Narrow Gauge Railroad, 20 miles
long; is in process of construction; claims
exemption under its charter. If taxed under
the present law, would pay $37 80 per mile
$3.50 co.
The New Orleans and Mobile Railroad,
Il miles of which are in this State. claims
eXem ptiOn under its charter. If taxed
under the present law, would pay $75 per
mile-$5,3 1926 90.
The Mobile and Ohio Railroad, 3l3 miles
of which are in this State, claims exemption
under its charter, which, if taxed undor the
present law, would pay $50 per mile-$23,-
AIS 90.
AS these two latter railroads are COM
pleted and in successful operation, they
should pay reasonable tax for the support
OF the government that created them, and
now affords them protection for their pro-
perty and business. The past-due and un
paid taxes on. the New Orleans and Mobile
Railroad now aggregate $20,945 90, not in
Guiding the taxes due the several counties
on the first years assessment after the ex-
piratiOn of the exemption act Of 1854.
The past-duc and unpaid taxes on
the Mobile and Ohio Railroad,
now aggregate. ...............$ ~, $50 w
Taxes due on land now in litiga
ton 97,969 20
Not including taxes due the several cOun-
ties on the first years assessment after the
exemption act of 1854 expired.
The only remaining subject to be cOnsid-
cred by your committee under the resolu-
ton OF instruction, is the present value of
the railroads of this State as they are now
equipped. To present this subject practically,
we submit an itemiZed statement of broad.
gauge roads, as follows, viz:
One mile of steele rails. 5 4,400 90
Splices, bolts and spikes ~ $50 90
Two thousand six hundred cross
ties, at 40 cents. ......... 1,04O 90
One fifth of locomotive per mile 1000 90
Two and One-half cars per MILE. 1,125 90
Laying track per mile . 800 90
Water stations per mile ...--. 100 90
station buildings per mile. 49,. 100 90
houses. $50 90
Right of way and depot grounds 200 90
Total per mile. ........ s1o,o65 90
Grading and bridging at present
prices Of labor, and material. $4,000 90
Grand total .......$ 55,O65 90
We estimate the value of narrow gauge
roads at $4,000 per mile. The above are es-
Inmates of the cost ofinew roads per mile.
The next inquiry to be answered is, how
much will it cost per mile to make the old
roads as good as new?
The engines, cars, iron rails, cross-ties
and wooden superstructures, are on an av-
erage more than half worn, hence we con-
Guide that it will require about $4,000 per
nile to put the old road in a condition as
good as new-thus showing the present av-
erage cash value of the roads to be about
$9,5 500 per mile.
The above estimate, however, greatly ex-
ceeds the estimated value of railroads in
other States for purposes of taxation. The