The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-07-27
KAILIsO iD ITEMS.

GRADING on the Northern Pacific Is now being
vigorously prosecuted within II mile and half
of Helena.
The French railroad companies are said to
charge g. 900 year for running and keeping in
order private railroad carriages like those OF
Mrs. Mackey aud Baroness ROlhschild, who, of
course, pay, too, for tho building of tho car
rage.
The Wabash road will soon put on another
Lightning express train, TO be used exclusively
for the fast mail service. II will make but three
stops between Toledo and the Indiana and II.
inois state line, and stop only AT county seats in
Illinois, which the state law obliges them TO do
The si,2-0,oO00 earned by the Pennsylvania
railroad company last month il said TO be the
greatest showing ever made by any railroad in
me world. The New York Central also earned
| in the neighbOrhood of "a. 900 900 last month
The knobel branch of the st Louis, Iron
Mountain x Southern railroad has been built
within one mile of Forest City. Arkansas, and
that place will be reached by Wednesday at the
st, Louis over the Little Iron Mountain 4 Helena
route to Forest City and the Iron Mountain route
proper. For twenty-five years the people of Hell.
ena have labored and wished for such con-
summation
A prominent railroad official is authority for
the statement that the rumored extension OF
the Cannon Valley TO st, Paul is founded on
fact and that the extension has been fully de-
| cided on, and tho survey will soon be made. II
| is no longer secret that the power behind the
! Cannon Valley is the Chicago, Rock Island Il
| Pacific, which now controls the Minneapolis &
| st. Louis and the West Wisconsin. A survey
has already been made from Woodyille, on the
| West Wisconsin, to Red Wing and It is under
stood that thirty miles of the road will be built
this fall, giving the Cannon Valley direct con-
nection with Chicago by way of the West Wis
cOnsin.
Messrs. Knott, (ulberson, Townshend, PAY.
son aud Manning, OF the house judiciary com.
mittce, have signed the minority report in favor
of declaring forfeited part OF the land grant
of the Northern Pacific railroad company. The
| report says.
The undersigned have no means of knowing
precisely how much land has been earned by
the company, but estimating II nj 30 600 900 OF
acres and appraising the untold portion ut s. 80
| per acre, which the auditor supposed to be
reasonable, and We have s,OSi, 1888 acres sold for
sll,5Gb, l66.65, 269l6,0E acres unsold at 81 80,
s67,2y0. III so, total s7S,S 5Sil5, or s3,Sd,5Si
more than the auditors estimates OF the entire
cost of the company. lines subsidized and un.
line as constructed and TO be con-
structed-namey 2,l09I, miles-the result stands
as follows: Value of lands already earned, S7S,-
S5,5 10, cost OF 2,4Ogh miles at S2S,0'c o67 ACC,
s0J; surplus, Sll, $3.50, 5S4 Is; or, assuming til.
mean between the estimates of the auditor and
the president of the company, and also the mean
between the average, price OF the lands already
sold and the auditors estimate OF the $3.50 pei
acre, the following will be the result 3.0S3,9jj
ncres sold At $50 ST., sos i6665, &c glg,0T acres
unsod at s3l2I., ssh ID, OIL 81; total sos 6S7,
ts7 81 Cost of i09k miles OF road at ssS, 1874
So i9i 9s2 20; surplus, sl6 49,, 55477 or. apply
ing this estimate OF the value OF the lands earned
| TO the estimated cost of the entire road as sub
mitted by the president of the company. the fig.
ures stand thus Value of lands earned u.
above, SOS 6sL 1882; estimated cost of entire
road, 500, g2O.t 6S. SO; surplus, s2 l6s,slS CO.
II is reasonable, therefore, to conclude that
this company has already received and will re-
ceive, II only so much land as II has earned by
construction, say, to January ], 1882, shall be
patented TO IT, an amount sufficient 10 pay fol
the construction of Its entire subsidized line
even upon the estimates furnished by its own
chief oiliaer. But IN addition TO the foregoing
considerations, the undersigned beg leave Il
submit that when the various acts making
grants of land to aid In the construction OF rail
roads were passed by congress II was the settled
belief of those by whom the grants were made
that unless tho roads were constructed within
the times limited In these acts, no right to the
lands would pass,
1t may be SET down to q certainty not only that
this road will be completed by some company
without the aid OF tho lands unearncd by con
struction, but that II will be worth all II may
cost and there are no good reasons yet apparent
why the people should pay the cost OF Its con.
struction. aud present tire company with colos
sal fortune besides.