Year: 1870

Eens proposed to organize Joint STOCK CON-
pany for the purpose Of owning and running
O line Of daily stages between Columbia and
Stockton, at uniform fare Of 6se dollars.
and took occasion to commend the enterprise
to earnest consideration, ~ one which if sue
cessfully carried out, promised most excellent
results for this county. Il would seem that
the people not only here hut along the line of
the route, and in Stockton have seen the util-
ity Of the movement and today We are able
to announce that sufficient of the stock has
been taken to justify the organization Of the
company. A call for meeting for tina. pur-
pose will therefore be found elsewhere in
this paper, and it is to be hoped that there
will be full attendance of the Shareholders
and fair representation of business men
generally, with view Of full conference
upon matters Of interest to oil classes Of our
people. That the depressed condition of this
part of the State is in q measure owing to the
rates of fare exacted by the Steamboat and
Stage companies. will not be denied. For
years tne Ocean Steamers were landing twice
q month hundreds of precisely the class of
people that we needed here in the mountains
and they all went North; why? Simply and
naturally enough, because they got to work
at much less expense Of travel that way than
this. So it has been with people travelling
for pleasure or in pursuit of business local..
ties; they have all or many of them been di.
verted to some other direction BY the exorbi-
tant fare of this. 1t would really seem as il
the Steam Navigation and Stage Company
had all along harbored some malice against
the Southern mines, for they have persistent


y kept up their old rates. 10 the face of the noto.
rious fact that labor, material, stock and every.
thing entering into their business had fallen
from fifty to seventy-fve per cent. and so
they have kept their mill going until they
have ground US very fine. Now whatwe want
and what this joint company proposes to give
US, is line of stages that shall be run in the
interest Of the people, for the people and by
the people, that shall be managed in spirit
merciful and forbearing, not wholly of the
earth earthly that will keep its fare we'll
balanced with the times. From Columbia to
Stockton the distance is seventy-two miles,
the company design to fix the fare at FIVE dol
lars and to make the trip in ten hours, SO no
objection can reasonably be raised on the
score of time or money. In the interest of
fair dealing then between man and man, in
the interest of business and in interest of tho
future of this county, let this project be en-
couraged. Let every share of stock be taken
and the line put in motion at the earliest
possible day. 1t is not to be supposed that
any stakeholder will expect to rely largely
upon his investment in the way of dividends.
We know that our citizen subscribers have no
such idea. If the line sustains itself and
fulfls expectation in the increased activity
of business throughout the county, they will
be abundan.ly satisfied. That it will accom-
plish both these results we have no doubt, if
The stockholders will only be true to them
selves.


A few words as to the proposed mode Of
organizing the company. The management
If affairs we understand will be entrusted to
\ Board of Directors composed of men ac-
luainted with the business CT staging. Not
,nIy every Officer bat every employe Of the
company must be stockholder, the design
being to secure the greatest measure Of zeal
and fidelity in every department Of the busi-
ness. The stock not to be transferable until
first offered for sale to the company, to pre-
vent its going into market to be concentrated
in the hands Of parties who may be unfavora-
BILE to the continuance of the line. fhe mo-
tive that actuctes the friends of this project
and the manner in which it is to be conduct
ed, commends itself favorably, to every one
who feels an interest in our future welfare.


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