The Somerset reporter. [volume] (Skowhegan, Me.) 1868-1909, 1906-05-10

with $1,000 Of stock in mis- store. and
on January first, 1908 he has SO, 900
What is that extra 5000 Isn't il an
increase TO that capital stock thercy
Here the Maine Central have put ia
-j42, 900 of new rolling stock and they
call 1t operating expenses. And they
g ON making these additions in rail-
and rolling stock and improvements
10 their capital stock, and the whole
amounts to 81 sos, al 81 Then the
figure it out and they appropriate ia
one place, and one item that If sup
posed 10 make up that Fl, 500, 900 i
s6sS, 900 appropriated 70 buy new rol-
ling stock for the coming year. They
put that into operating expenses. So
! say to you, Mr.. Speaker and gentle
men, the Maine Central Railroad al
the end of the year January Goth.
1904, put aside, besides their dividend
OF seven per cent, they put aside 70
the good $1,000 900 Pray tell me, are
they able to pay one-hah rate that
You pay upon your property? And
if this report Of the minority should
be accepted and it should become a
law, they are not paying one half Of
what you pay and Of what | pay.
At the hearing before the taxation
committee it was claimed b. gentle
men representing the various rail
roads, that the railroads built up the
State of Maine, that our prosperity
depended upon the railroads and the
railroad interests of the State Now,
that is true. There is no man but
will say that the railroads help the
State of Maine; but tell me who helps
% ? -
the State of Maine2 Did YOU ever
people had not already gone before?
Never. They go there as a business
proposition. They 90 there for the
purpose Of making money and for no
other purpose. When they tell YOU
that they ran a line of railroad into
the forests, as one gentleman did be
fore that committee. that himself and
Governor Hill were running a road
Is miles into the forest of Northern
Maine where there wasn't an inhabi-
tant, nothing but a waterfall there,
they were going there to develop the
State of Maine. Well. it will have
tendency to develop that section, but
what was the moving motive power
that impelled them to build that rail
road? Ii was to make money because
their own hundreds of thousands Of
lumber there right along the line of
that road, and instead Of driving that
lumber down the stream they run
little track up into the forest and
they load their lumber and haul it to
the water power, and they will have
a mill there, and they will connect
that line of road with the Somerset
anu U'ieh nIeti .i'e ; ;r a. am!
50 50 vi 10 pos.oii' nm, ny - a. ooIiE II
~ iii9 en- iiiOiee u, ~ uVN up
iliC - ~ ctaftfs N,.i,
az! iiiS iliS'ii IL ~ st'lt'' -
HlfTiPii,s 80 - L Ee,eitP ~ 80 u!
"a. ~ - NJ IN 60. u"s ~ %olh
tiia' - ,,,,u ~ i III .I'e - "a laiii
~ n d i 1l ans Vi ug 'topin? On 7'aSe,
'iT I'''1oiT ,iI9 io M - &c me E
,'''', o,.e .ha @','d - bo 80 tn ,nE
, ,,'na'p i,ind of ,soror+,i i = +ba+ ~
t,'' N raot p,.aatIth - 10 '''t u
i. - r'' !. l. .a;I,a} tdi-
~. ~ 70 -, o.'i 800 49,
mo in rho ,o ,,,,I = feu. dat.. zoo NJ a.,
assembIage Of men at a club In New
York city and the question came M
as TO the wealth of the Rothsehilds Of
England. and one member of the
club said; "Why, we have richer
men than the Rothsehilds IN the
United States. The Rothschlld family
contains about sixteen branches and
Is only worth ABOUT Sou ooo'VOo' W.
nave men III the hlted states one
man almost worth that. And they
Went over the list, starting with
M L 10 It4T