Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1893-10-20
Future Possibilities.

CilC1C - Oil ICltC ACiA61nA.
Future Possibilities.
The voting Of bonds by Morrison
county to build a railroad will have
more influence on the future of this
section of country than even the
most sanguine anticipate. It will
make of Morrison cnunty financial
centre which in itself will be worth
more than any one at this time can
realize. Without doubt the adddi-
tional mills and factories to be built
by the Pine Tree Lumber company
will alone add 1000 men to the pay
roll of that company. A box factory
will be built that will add 100. An
increase in the output of paper will
add 100. A furniture factory will add
about 300 and in a number Of smaller
factories from 800 to 800 more men are
likely to be employed. Our Touring
mills will be Materially increased and
improvements in general made.
There is likely to be employment for
at least 1900 to 5000 additional men
many of them skilled laborers and
the average wages paid will be not
less than $2per day for ten months in
the year. The daily pay will equal
on this number OF men more than
81, 900 or 81, SOC, 900 per annum. This
sum of money will, go through the
arteries of trade, and is deposited in
banks and by the banks again loaned
out to the people. In 10 or Is years
it makes a very large sum and grad
ually this money works in some
form OF property that is taxed and
will eventually come to relieve the
people of q part of the taxes. The
present mortgage Indebtedness OF
Morrison county is by no means very
small and nearly all of the mortgages
are owned by outside capitalists.
The earnings of our farmers and OF
our city people go to pay interest ON
these mortgages. When we get cap
ital enough at home to loan the
borrowers money not only will they
be able to get money at lower rates
of interest but the interest that is
paid will be paid to homepeople, and
by home people placed into home
property, and home property will
add to the tax list and to our appear
ance and invide further and greater
DEVELOPMENT. Some may object to
wealth but wealth is necessary in
this age. The poor need the wealthy
and the wealthy need the poor.
All things 60 together to
make up one common whole.
If we were all rich we could
not build railroads, mills or anything
else because none of us would want
to pick up the ak, the shovel or the
the hammer. Everything would be
at standstill. The more wealth
there is in a community the better
the poor Of that community fare.
Some object to paying anything to
q railroad company as bonus
because they think railroad COM
pany should build it's own roads.
i That may be right in principal but
business dem onstrntes that in many
cases it is not practicable. The
present effort Of the company to
obtain q road through to the south
west has shown this. For many
years we have been watching and
waiting for that road, thinking that
1T will come, but in vain have we
watched thus far. it being time that
sucl, a road will not pay as an In
i yestment unless the people can give
it some assistance. The n. p. when
1t built received a landgrant Of many
million acres and still it failed as u
business investment and today the
4 great N. y. is in the hands OF
a receiver because it cannot pay its
i debts. Nevertheless that road has
benefited the country even though
it charges higher rates. When q
road with such advantages as the
i N. 4. does not succeed financially
how can short line unless 1t gets
some assistance. The road from
i Little Falls to connect with the
a Great Northern system will need
$1O0, 900 for this purpose and while
no one likes paying that sum for any
senscless purpose yet all who make
an impartial Investigation will find
that while they would prefer to have
the road built without a bonus they
4 sapst give one in order to get the
4 road
/ There never has been Il local issue
] Of such vital imp0rtaneet to Morrison
4 county as the one now under con
i sideration. The people ct Morrison
4 county can next Monday place the
county where it will soon be one OF
the richest and best in the state aud
Il the way to do It Is to place j: cross
mark opposite the word yes IN the
4 ballot which will count for the
\ proposition Of voting bonds and fol
1 The beginning Of a rapid development
4 ST IN important city and q good
pteh COUNT :.
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