Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1881-04-21
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Messrs. Editors "A writer, over the
signature Of Justiciary. in your last is
sue, assuming TO instruct our people Id
railroad matters, undertakes TO oppose
the progress OF the w. G. < p. L. rail-.
road by advising the owners OF land
along the proposed line 10 refuse the
right of way TO the agents Of the cons
pany now canyassing our county, How,
SERIOUS disadvantage 10 them" ca
arise. ''eyen il fair pnce is paid,
does not undertake to explain. The
is not now, as III former case, prizes
in the shape Of the States subscription
Of S163, 900, to be competed for; to OBJ
tain which the fact of having few
miles of graded bed was such strong
recommendation Our farmers may
safely conclude, If the company goes to
the extent Of grading the bed down to
st. Mary's county, that hey are ia
earnest and intend so complete the road.
If they do not do this, no injury is sus-
tanned by our farmers, and no "serious
disadvantage" arises from having grant
ed the right Of way. presume that
even Justiciary could have no objection
to two roads. Certainly the shippers Of
our county, who would be benefited by
competition between them, would have
none. And besides, II, as he hints, we
are destined ito circumscribe the little
town of Baltimore" two roads could
hardly be thought superhuous.
There Is a refinement Of sarcasm in
Justiciary's calling that road reliable
one whose projectors came among us,
and having obtained by misrepresenta-
ton our subscription to their stock, mis-
appropriated il, and stopped work be-
fore the value OF the work amounted 10
oae-thIrd of our subscription; who paid
their contractors and engineers with
worthless bonds who violated in eve
~ instance their promises 10 lndrmni-
~ our farmers for damage TO crops. and
whose name has been for years, as ex-
Senator Mudd. Of Charles, expresses a,
"a synonym for rascaIity and fraud. :"
Bot, Messrs. Editors. so grsluitous
and unreasonable an attack on The w. c.
K p. l.. railroad must have been dicta-
ted by personal interest. II the writer
is interested IN floating the bonds OF the
Southern Md. railroad Company, he
only sounds the keynote OF anxiety
which is UNIVERSAL, lelt By the owners
Of that fsncy stock. and with good fea-
son. The capital stock 81 ibeeS, MIR
railroad company viii be at least one
million and eight hundred thousand dol
lars. IL the road we're built and thor.
oughly equipped, about one million Of
this amount would be represented by
the actual assets Of the company, and
The remainder would be water OF the
purest quality. Does Justieiary believe
that any capitalist will invest in such
stock when be has the opportunity Of
investing 10 The stock offs road trayersing
the same county whose capital stock
will be the actual cost Of building and
equipping i'll
II, as he says. two parable lines to
Point Lookout will not pay, which does
he think will pay best, the one carrying
eighteen hundred thousand or the one
carrying a million Of stock Let me
ask Jusliciary another question that has
been asked before without a salisIscio-
nv answer ;--lf the present projectors
of the s. Md railroad scheme are sin-
oere, why do they hamper themselves
with debts contracted by a former adj
ministraiion Why not 60 a, once TO
our Legislature, obtain charter and
build this road at its actual cost Why
do they assume liabilities which in one
form or another amount 10 over o quar-
ter OF million, W hen he only benefit
10 them is the possession Of a graded bed
Of about AZ miles, OF which The original
cost was less than fifty thousand dol
lars, and which is now in an impaired
condition, through the lapse Of time
since its construction Let Jusiciary
answer on these points before he at
tacks rival corporation.
N.