The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-02-19
Mr.. Laughinghouse f.
position of Methods.
WATER IN FLOODS
STATE la Given AuaN it, NA.a"
Properties for u ~un- and Road.
<ou right Reductions nu
lka~t~ of Velvet
scurut


whose Ia s.nEer Far bill
III .uss. tWa wears .aa .4afs t4 Da ...
tf..t n tr. -.-. t.4.
Ah'" ""'i' ir -tsst+ @"@
sanding During tHc recent #
in tine House hc devoted hs
for the mot part Ia exploding t..
Of paVsrty interpa4el az a.Y.H..
some rutasfsr. 8f {u4fIrt Il, fa- ....-.
The ue1,r,.e D.. ,aIo5.s -, Il. H
len.tmous wr4 which 49,. f.
have. recsfy.3 ff,.m t6e n.,.tI. .s..
lyhfrI baN. mon f.tt.r...
fhr plrrn-, .r I-.t..a...u s.
Worth nnd ,trnint .at.4s.t. T.
AR 4upbtnrb.ue, rN....t...
,..I-..t hf4f,,, ~ ..
kn-nul.5e. ~ -. -.
aerlyt-r ,h. go, -.
@.' = '"7th' -"t
-, = 49,
Il. iii
1at
Nii'1ldt I'a'4l'tl i4 t
oNei one HAiIt'h d@tlaf9 nt
op3tatlAE expense .
tnlS upon their own Showing. A
ciSion OF the United SHttcs -.
'ourt Welman vs.. Chicago l:.....
lis I. : reports. $50 haIa. f.
the Legislature fixes rates t#".
enable a railroad - earn f.."
cent. net on the true NaIu. .
property. after rElu ont ur ...
ating expenses e-NtrayaRaut
and Illegal expenditure th. .
cannot Interfere This lease .
North Carolina Railroad. NuI..
the lessees nothing. is meow
one million dollars not profit.
is four per cent. on tWcnty-I..
lions. which the state has prt...
donated 10 them ana which. wI..
increasing population aud hu
MI steadily grow far beyond ..
figure. unless W. relieve mo p,an..
cutting down frclghtv aud fare.
Tho state 1T North Carolina uu..
inally owned "A majority 80 2. "a"
8 ". and X. \ 81 II Raleigh .
Augusta, ana Carolina Central N"r.
Carolina Railroad. and Western &ar.
carolina railroad. ant ia" A. a. N
ca magnificent state property t
an eNil hour IL W.lS induced hf ''H
Hytsts u part with IT. ownership w.
In" ". x W. And the northern
dieate which bought p r. i"a"E t
eeiNlhB slH per e,nl. ih',i, ~"
'lnles Whdl n st2ek S3ei Lt''" |
an &c ne.l EtT'n ~,
ea. n YI.t .#.a T-..L -.., s
~ ~ 81" ~, No..
Ies9eea ,io'rv' ''' ~
- :"
49, - "
s,1oIi a. Iy.t.11.. 90
hn~9e fRa etnck af tbs Eal.trh A.
castor Railroad ana E1lc5gh 4 tu-
9neta ard mo.dIateI, ,.,t.f..4 t..
stock I'm fnId rncy houf-lf oIt fM.
Western Nnrtb carolina Itat|r9aH Emu
les. tha, rn,Ir Thousand dollar r..
mile and immediately bonded ar
it for $76.44s per mile. uH
which the people OF that section Ha.f
to nav freights and fares ulE.
enough 10 pay dividend aud iutela
They simply swallowed the Carp|.n
central. Not long since "a I;1H..
Island syndicate. said To- be- ..
alias for the Standard oil CymlaN.
acquired the lease III thc Atlantic U
North Carolina Railroad. though Il
had waited four months. ii.
Legislature would have been in
sion and they could have been CON.
This was the last OF t..
State railroads to be swallowed. slu-
ply because IL was the last to bcc9u.
profitable. one Of the FIRST acts e.
that syndicate was u raise freIaI
rates in violation Of the stipulation .'
the lease that ii should moi be done
In round numbers the state l#M.
were two ana 4 half million. M
county taxes were Two and i half u.
lion. tho town taxes were one auu
half million. the school taxes Vet. .
and a half million. a total ~ ..a|
million dollars Of taxeS The rIilra.
last year, on North Carolina Iu..r.
North Carolina uro rata tbra..
rate business, received over eight r.
lion dollars net profits over ana an..
all operating expenses. and over
above four per cent on the 81. u#"-
600 which they testified in court
the true value Of their p~ropertv ar
this without purging out the one h..
dred thousand dollars and Other .
orbitant salaries and the money s..
for lobbying. and the control and n.
ership Of and other
gal expenses.
Thus, we are w~ronpfulI- FAX.
without representation by iha <
York syndicate more none annu.
than the people Law mon tbam-e..