Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1907-02-22

continuous line OF patronage from
terminus, would mean the success of
the enterprise and the forcing OF the
history or the country from a decade
10 quarter OF century. Quick COM
munication Is the touchstone OF plog-
ress, and any section OF country that
Ignores II may look on but certainly
will not take part in affairs OF the age
We've obeyed In part the mandate OF
destiny 10y installing telephones. but
quick transit and transportation are ev-
er the greater half OF quick commu.
nication.
Others are flying through the air. dart
ing along under the water. .lolling in swift
luxury along the briny trail, whirling
In steel cars with iron-clad schedules
breakfasting on luscious fruits pluck
ed tho day before hundreds OF miles
away. And are we content TO trudOe
through days and miles OF mud 10
meager business that should have been
done and forgotten ere, under present
conditions, we reach our destination {?
THE QUESTION OF OWNERSHIP.
Shall the people OF Burke's Garden
and Tazewell put up money TO build
such line, OF at least, to own a con-
trolling amount OF the stock or shall
'foreign capital" be induced TO take
hold OF it? There is no doubt TINT
money can be had, that the people
mere need not put up one cent, IL we
can make strong showing OF the case.
and to build line AS proposed, tap
ping all the territory and developing
all the patronage indicated, is IA strong
case. Overtures have been made by n
Louisville concern to finance the
scheme and enquiry has been made by
Philadelphia capital with view TO
buying bonds as socn as issued.
III anyone living in Burke's Garden
doubts the advisability OF taking stock.
let him study these figures, used Sat
urday. 10y "A good business man.
They are very conservative figures:
There are 10000 acres OF level land in
the Garden (26, 900, counting mountain
sides). A high valuation Is placed on il.
1t Is not for sale at 800 an acre for
the best, nor at $40 an acre for tho re-
mainder. A considerable amount OF IL
would not be for sale at 5000 an acre.
Well, we rent this land out. most II IL,
to export cattle, five acres TO the steer,
at from $l5 to 500 year and we
agree, in addition, TO furnish him In
extra rations OF hay and corn for six
months OF the time (which we don't
count, in the bargain and we pay the
taxes, besides. II makes us blush TO
figure the profit. Taking the largest
figure $50 year would be SI2.BO for
the six months pasturage Of five acres OF
500 an acre land, or, which Is the
same, $3.50 year on $500 valua-
ton! II per cent. True, the steer for
feits his life In the deal. It's too small
an income on the valuation. We must
do something else. Either our land Is
way yonder too high (but we could
get that price,, or we ought TO get at
something else
Now, how does the expense OF mark
eting figure? On those $4,000
acres the marketable products,
counting live stock, hay, cereals,
and all, is, at conservative
estimate, 1000, tons, or ] 2-3 tons
per acre. To market this at 9b
ton, the price paid by our merchants
for hauling. would cost $4,000. This
is 6 per cent on $166,66e,66. At go
ton Ia high freight rate) on a railroad
it would cost $4,000 annually, or 6 |
per cent on $50, ,G66.66. This would be
a saving Of 5000 would be saved out-
right. The $4,000 would be coming
back into our pockets But the cost Of
and operation
We have said nothing OF freight
coming in land one of the strange
things about the trolley out in Ohio,
where it has met its greatest success)
is that the traffic out from the large
cities to the country and small towns
is greater than that going in. Nor have
we said word Of the passenger traffic
land people will ride on a trolley
they'd come to the Garden like honey
bees to a clover patch.) Nor a word