The Robesonian., 1909-11-18

~ |,
i0UGH, LUMBERToN. N. c.
What The South Atlantic Trans I
Continental Railroad Propos- {
60 to Accomplish. K
Waynesville, N. c., Nov. 8, 1909.
| Editor The Robesonian. Ii
Please allow me space in your
valuable paper to reply to your
editorial statement that you
think the Trans-Contine n all
Railroad needs Robson county,
worse than Robson coun t y
needs the Trans-C Continental, at
4 least you say that is your opin-
ion with your present light on
the subject.
II you will read what the law
! making power Of your State has
been doing and trying to do, not
only for Robson county, the
largest and perhaps the wealth.
e liest county in this State, but for
T every other county in the State,
3 to unshackle the State after it's
efforts through every other chan
e mel kown both of law and legis-
y lative acts, it is trying now with
&c one stroke to accomplish five
4 purposes and which it can do by
j. the harmonious cooperation of
!, the people.
ae l. Check unjust discrimin a :
\ tons in freight rates in favor of
rs Virginia and South Carolina and
E. other points over North Carolina.
p p 2. And to break the long hau
ms ms railroad monopoly in transpor
E. tation on everything that Robesor
ak county receives or sends out.
90 3. To break the long ocean hau
o. to market on everything Robesol
s. county receives or sends out tina
is to be handled on ocean boats.
4. To enable Robson count,
- to help the State stop this mono
>. poly by voting an amount tina
creates a permanent asset in tn
State and county, the taxes o
of which will be in excess of tn
tv. ". interest and principal at maturit
led of what your county votes, an
L; give Robson county an owner
eal ship and a voice in the road i
aid aid an amount equal always TO tn
ill, amount she votes.
at 5. And to do this in a way ths
oor the value of the road within i
for for self brings all the necessar
ing values needful to yeild the ia
son without reducing the county
the en ability to vote bonds for goo
[iil' roads or any other laudable pu
ar pose, because if it having joine
l's the State and capital to stop
'rtn 'rtn discrimination that has bee
81 IS estimated and, when estimate
,rth carefully. will show is costin
kin the agricultural, the mercantile
.r'n y n and the manufacturing interee
to and the people Of Robson count
res. not the little interest per amt
par on what it is asked to vote tn
road, but costing annually mo!
r than the total principal and !
terest on the amount the coun
- is asked to vote to stand with i
State under absolute State pr
lection.
CO. When the law providing f
and an the counties to join the State al
anv v subscribe for stock as the Sta
,een has done in this road by caref
nder inquiry we found that the t;
the across the State through whi,
! d.ss al the road would pass averag
!. D. S1.20 on the $1OO. 90, and on 5;
100000 per mile of 4 per cent thir
year bonds would net the coun
with the road assessed for tax
at not less than $40. 10000 p
. mile valuation, would yield S24N
90 per mile, so 4 per cent an S
10000 would equal $4,000 c
'sed d Quoted from the total collect
;aro. from the railroad leaving S120.
wing per mile surplus in your cour
de- treasury and 100000 per m
loes- be cleared in stock that wo,
this be as good as gold at the n
their turity of the principal at the e
said Of thirty years from now to T
uia'e it with.
10 When I closed my campaign
;. Gastonia. of the eleven count
east of the mountains all Wi
out a dissenting voice signing
call for this bond election, | for
,o,,ob that the lowest rate in any CO
con con. ty was SIC on the $4,000
| Tar tax, and the highest $1.24.
your highest rate leaves in that co