The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1911-04-06

bat have no lecslltIcs l1g reaching Enld
~ Reno. OkIahoma City or any other
Wholesale aud manufacturing poinis in
the central part OF the state.
Many farmcrs are compelled 20 haul
their products fifteen, twenty. twenty.
Eve and W some eases more than forty
miles 10 4 shipping point aud they can.
moi even then ship 10 Oklahoma points
but must seek outlet through the state
0f Kansas.
That region was designated ne "No
Mans Land" for many years, was
thought TO be only grazing ground. but
farmers have cultivated a portion OF IL.
proving that II Ia we'll adapted for
farming purposes. Yet the settlement
Of the country haA not been fast.
Farmers have left there for sections
that furnished shipping facilities and
without the iron rails 10 operate trains
for the convenience Of that part Of the
state. developement could not proceed
at a rapid rate.
With s200.OOO Of the 100000 stock
Of the Oklahoma City Railway Promo
ton company practically arranged for,
and q committee appointed to secure
subscriptions TOR the remainder, tine
success Of the company backing the
new northwest railroad for Oklahoma
is assured.
The Chamber Of Commerce room
was packed with representative busl-
ness men Friday morning when Weston
4 hDd, vicc.presidont OF the chamber
OF commerce, introdused former Gov
ernor Charles y. Haskell to explain the
plan for the road. Governor HaskelIs
talk was necessarily brief, as he was
leaving on a morning train TO Mnsko.
gee, but he stated his proposition In n
very few words.
After referring 10 tho proposition TO
put the state behind n northwest rail-
Rad, which he held impracticabls nj
this time, he stated the grounds of his
opposition TO any bonus note plan. be-
cause Of the fact tha, IL imposed an un-
equal burden ON the citizenship aud
that such notes have 90 often been con-
tested In the courts. lie explained his
plan 10 take advantage of the Oklaho.
ma highway law. under whish high
ways when built may be sold by the
county commissioners to steam or
electriat railroads.
Under this plan, bonds for the con-
structIon Of n road, part Of which could
be used M n right Of way for the pro-
posed railroad. would be issued by the
road districts along the line. He an.
swered objections on the score OF the
cost by showing that a thirty mile
road, which would cost the taxpayers
% .n0o a year, would bring In tl3,2OO n
year, In taxes u used by railruad. or
a net gain Of ~ 200 per year aside from
the general increase In property values
and the consequent increase in taxa.
tiOn.
lie explained that the promotion
company is being organized msreiy 10
finance the proposition that the $50.
900 Of common stock will take all the
risks o' loss. and, Of courSe, make the
big profits In case Of success. while the
preferred stock will pay 10 per cent
annual dividends. and that he and his
associates are willing to take the CON-
mon stock u oklahoma City will swing
the preferred stock.
That the proposition will open a large
amount Of trade territory which will
make the railroad q success from the
start, IL assured. In the northwestern
part OF Oklahoma. there are three
counties which have no railroads what.
ever. and there are several others which
have but one. The new line will pass
directly through these, and will make
possible the building Of many new
towns along the line.