Year: 1860




itself. OF late, so actively in the valleys be-
low. in the actual construction OF one rail
road to the foot hills of the Sierras. and in
the projecting and nearly completing OF
others along the base Of the foot hills, has,
very naturally. extended to the bustling
thousands that bestir our Nevada Mountains
with all the life and energy that an irrepres'
sible industry can give. The people of Ne
vada County are in earnest in their present
talk both about wagon roads and railroads
They see in a rational point Of view the
want-the necessity, even ofa railroad to
carry on the immense transportation that Is
incident to the vast reciprocal commerce
which in the existing state OF things, must
be carried on between the Mountains, and
vallies and cities below.
Was the moneyed capital OF this county
equal to the construction of q railroad by
way OF Auburn-or rather. by such route
rs Should be found the best on survey-the
stock to the amont of two aud a half millions
OF dollars, would be taken in less than
weeks time.


In Nevada city. alone, we see by the pa
pers of that place, the sum of SIX hundred
dollars was raised in few days, to make
q survey via Auburn ; We doubt not, such
Is the spirit and comprehensive segacity
shown by the oldest residents, and most
experienced business men, regarding the
policy of constructing Mountain Railroad,
but that stock viii be largely taken by our
citizens when the books are opened. The
County, also, would, no doubt subscribe
literally to the consumation OF a scheme
that would necessar lily. SO immeasurably
develop her wealth, and augment her taxable
property. Placer county. should. and GER
tanly will, be found with wise foresight un-
derstasding her interest, and will not lag
behind Nevada in improving it.


So. the subscription OF the two Counties
mentioned, with the individual subscriptions
of the people OF Nevada and Placer Counties
and those OF capitalists living out OF th ese
Counties, there can be an abundance Of
money raised for the building Of the road
fit t.M pay, Now this is the question
Will it pays This is, truly the TEST ques'
tion. For. money, is the most plentiful, the
most inquiring and the most idle substance
on all the earth. All you have to do in the
world, when you wish to accomplish any
thing requiring money, is just to answer this
questson in the Affirmative WiU it pay?


Now the great trouble is that people don't
know what tciH pay II they did we should
see individuals and states rushing along in a
career of civilization, progress and glory
that would be absolutely. startling to the
most sublime enthusiast.


For example, look at the little stretch OF
tnrnpike road connecting Grass Valley with
Nevada city. Three years ego, most tpeo'
pie thought that the construction of an elc'
CANT turnpike road between these places
would be poor inve stmert, when. in fact,
we know that it has paid more than Eve
per cent per month on the outlay.


Just so it will be with the Railroad
Those who nor doubt as to the value of the
stock will not be able TO buy il when expe-
rience shall have proved its worth.


When the question is asked-Will rail-
road pay, connecting certain localiiiesi the
answer necessarily involves two considera-
tions first, as to the present transportation
and second. that which will be developed as
the sequence Of facility. If it can be prov
ed that the present carrying over the route
proposed would pay handsome interest on
the cost of a railroad. the fact is certain,
from the vast trade which railroad always
developes, that the stock would be far above
par, year after the road shall have been
under way.


we have thought much with reference to
this railroad undertaking, ard without for
NAL statistics. We will assert without fear OF
successful contradiction that, at least, 12O
tons OF freight, Of one sort or another, passes
over this route. virtually, every day in the
year. on an average. This at one half
cent per b., would amount to twelve hun
dred dollars per day. There are also. pass.
ing iriually ovor this route, on an average
sixty passengers which, at s5 each, would
amount to $500 per day. This would yield
to the stockholders 20 per cent, per annum,
on their investment, admitting that the road
would cost two and a half million of Dol
lars, the largest amount that it can possibly
cost. il the work is judciousIy managed.


II must be safe to concede that the in
crease which the road wonld give 10 busi-
ness, would be sufficient to pay the expen-
ees Of running.


Bear in mind, people Of Nevada County