The weekly Iberian. (New Iberia, La.) 1894-1946, 1904-11-05
The Railroad Amendment,


issue is to day so dead that the
pail bearers would have difficulty
IN finding the corpse.
From the tone OF tho state press
and the drift of the expressed sen
timcnt, it seems clear that every
amendment Ia in danger, save
those whicn seek TO dismcmhcr
tho state Of appointive graft
To make clcctlv" appoint'v'
Offices is a slogan which Will not
soon die away III y state furnish
ing the remarkable spectacle OF q
convention doing the bidding Of
one man in defiance of universal
popular demand.
II seems to me it would he a
misfortune if amendment No. 3
should fall in the slaughter. 1t
proposes to exempt from taxation
all railroads that may bo built IN
this state during the next four
years.
ANY one who has watched the
great boon our ten year eXcmp
ion of new factories has been can
not fail to favor this amendment.
is q simple advertisement I" m"
state. il has been worth mprc than
ono thousand times tho taxes that
might have been collected on new
manufacturing enterprises
IT may not sound very impress
Sivo hcrc-thG mention of ten
years exemption from taxation OF
new factorics-buts state to busI
ness man in the sccthing manufac
turing and money ccntors OF the
East that 'Iouisiana excmpts it's
new factories for q period of ten
wears from taxes" and see how i'm
mcdiatcly he prlcks the ears with
interest. In the Centcrs where
manufacturing Is the great occu
patton of life, thus bonus, this bid,
tins inducemcnt TO come and live
and invest among us has been
enormous.
The very advertisement, AZ !
have said, has been q tremendous
factor in bringing hitI,or the cap
ital which has treblcd our states
wealth in the past few years and
which manifests itself in our new
banking institutions here and
throughout the state.
What we have lost directly IN
taxes by that exemption has been
made up several times over in in
creased assessments.
Manufactures and railroads go
hand in hand.
Before the railroads yet to be
built IN this state into those sec
tons wherein lilo the richest future
opportunities is the greatest work
incident to material development.
70 develop themselves into pay
ing institutions, they must popu-
late fields of waste and forests of
unused timber.
These sections, not only must
they put in touch with the world,
but they must accomplish all the
vast work of 'brInging the world
into them"
Immigration bureaus and clear
seeing promoters have a great
work ahead of them and all ex-
pcrience shows that this work,
though cumulative, is slow.
Yet upon it depends the future
Of tho richest railroad cOnstruc
ton yet to take place in Louisiana.
The exemption Of one or two or
three or q half dozen such roads
were we fortunate enough to have
them built by the induccment-
would be vastly profitable in
vestment when it Is considered
what returns they would yield in
increased population, wealth and
opportunity.
A state closely knit together
with railroads is a state predes.
tined to vast prosperity.
No other agency is SO mighty |
for development
AS nothing has attracted so
much the attention of the manu-
facturer abroad az our bounty to
manufactures SO nothing could be
a greater inducement to railroad
investment than the fact that all
4 ha ,pnp,y mt into nnu rnilrnnI