Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-06-27

the present for cay e6o0.o0o, might,
when tlmcs ale BETTER demand mil ION
or more I eay that brihes arc frequently
part Of tho cost OF railroads, aSd say
fuuthey, that monoyed men do now aud
VIII ever In the future take into
consideration the full cost Of a railroad
when called upon TO Invest 10 the bonds
OF the same. They VIII approximate The
cest 30 secure like advantages, also the
present and prospective revenue.
To demand that railroad that cost
patriots and all $4,000 per mile shall be
bonded for only Sib, C0op per mile Is I'M
lust. Mr.. Gould or MI. Anybody can IN. \
vest say $1,000 m Fort Worth property |
and sen tomorrow FOR $1,000, az wait i've |
OF ten years, drawing 20 per cent. on the
Investment, and sch Tor i've on ten |
thousand aud not be called rahNcr. A
merchant is allowed 70 turn his money
oyer--.tp buy and sell IN proportion 10 his
activity, reputation aud business
sense many times as be
cam making the proht his
competition viii permit. II he con-
voris one dollar into two within one year,
our minds arr not Iacked with the dread
information that only Wellington can
stay tho march OF ruin and despair.
Men have purchased Texas Ian AZ ten
cents per aero and borrowed one dollar
I per acre ON t. WhyY Because tho
/ lender considered tho seautliy sufficient.
WIN any man say this II nos O legitimate
I tr8nsactinn2 II man wishes 70 lond
Si000 on property only worth 500 can
any law be- passed that win prevent hlml
J say that railroad that cost elh,n0e per
milo can be worth much more as soon az
Z II IL ready 20 be operated, or u can
be worth less; but it is more likely 80 DO
worth moro, u fornoothcr reason, hecause
thas particular strip o. country canno,
be covered by any other road Admit.
ling II Is always w0rth lcss than cost,
aud never enhances 10 value, claim no
law can be enacted that viii prevent the
stockholders from borrowing oil Tho
money on the property that capital n
willing 20 advance, Let rs admit that
such q law can be passed aud executed.
II would then be necessary % make II UNI
lawful 20 sell road Tor say Sa0,0 per
, mule that cost $40 600 per mile, and II
such saios were allowed, TO cram law In
, again and prevent she new company
, from bonding at $50, 900 per mile
llt understand tho patriots correctly,
railroad property must not be allowed to
enhaucc In value, II railroad pieroes q
[ wilderness, IN tow years causes the pop-
ulatlon TO treble and builds iourishing
/. oltles and towns where Wild animals held
! sway, the road must not be considered
worlh more than When II WIS built
4 The etiort OF our patriots to make one
a part OF this nation an OutcaSt from the
sympAthies ~ that great bOdy--the poo
ple--l consider dangerous thug 10 all
Every conflict OF ideas aud inieros
r win widen the breach end ten,
q 20 make Tho government moro cor
rnpt II corporations hro refuse,
eympathy aud justice IN our legislature
aud courts, called robbers wherever the
1. appear, tho Inevitable result will be thu
a Il will be che rule, and noiithe exception
4, for our Judges aud legislators, beth grea
aud small, 20 accept brides. The corpof
y Atlnns win own ~ many or moro leRirla
Of lures and courts than the people Noth
"a ing, absolutely nothing, will prevent M
AZ foul condition, but rigid justice 20 AT
ry To my mind railroad builders, manager
~ land bondholdcrs, and members Of ootpoi
~ ations, are not unlike men engage
be- IN any other business, they hay
he their snarcs Tor the nnwar,
"a which do not hlfior " my optics In lntcr
nc from the countless receptions practice
re by Otner men In their varied search *
ny food, pomp aud power,
o. They got tribe more game than u
ey other members OF the faulty, but we thl
ot have little can be as happy II we reiut
nv 20 he onyivns, our greatest enemies a.
he the politicians and the foolish laws Tn
IN hsye been already passed Let US elo
by men 20 repeal laws, not load The count
Is, down with more Pick few aud niece
III sary laws from that ocean OF mbblp
ld and when they are VIOLATE
etl by wealth or poverty
'us the iron 0ngers OF retrlhution sink 70 q
me vltals OF tho offender,
NY when a man presents himself for OH
my with the avowed intention OF brlngi
al about the millennium by passing mo
the idlotIc lswa-~take him gently by {
re, hand, lead him far away 10 a lone
me- mountain whore a mighty chhem can
ing found, stand him upon It's brink, ohor
the prayer 70 high heaven and for
lily country's good--east him In, and u
as him down with boulders, that IN such
Irst cause will willingly leave their seats
lot. nsksft.fpa