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Show novns roit the ifnveii, GEOIlCiLl'OMW AM VTAU KAIL-AV. KAIL-AV. In accordance with the request of over one hundred voters of the couuty of Arapahoe the commisiioucrs have placed a proposition before cur citiziins to issue $200,000 bonds to tho Denver, Georgetown and Utah railway. The bonds are to run twenty years, to tear eight per cent, interest, payable annually; an-nually; and to be issued, one half upon up-on iho completion ot the grade, and one-half when the cars shall run between be-tween Denver aud Georgetown. Accrued Ac-crued interest is to be deducted. The election is ordered for Monday, November- 11. The question befo-e our people therefore is : can we afford to increase our indebtedness to this amount, and our aooaal interest account ac-count by $16,000 in order to aid in the construction of this road; and will the benefits to be gained be ample com pensation for the investment? We most emphatically take the affirmative of the proposition. Denver and Ara-paboo Ara-paboo county oan afford to issue these bonds. The prize at stake is the trade of Gilpin and Clear Creek county, anri the real meaning of the proposition is this : Is it better to assist in building the Georgetown road, or losethc traffic of the mines. This being the question, its significance becomes at once apparent. Our merchants and citizens cannot under any considera'ijn a'low tho mountain trade to be stopped at (joldcn, and to pass eastward vii Julesburg; neither can they permit a break of naugc helween Denver and Central Both these outrages out-rages it is propos"d by the Colorado Central managers to pcroetrato upon our people. Tho president of that company, a long, maligDaut and persistent per-sistent i rictuy of ours, acknowledged it in Jjis correspondence with John Fvans, iho agent of the Denyer, Georgetown and Utah line; and rather gloated over the fact, thinking that he had our people "on the hip," as the we b' ild the Denver, Georgetown and Utah line, for the Colorado Central now has it within its power, on the oompletion of their Julesburg line, to render necessary, by a break of gaugo, a transhipment at Golden, and to turn the entire traffio of the mines eastward via Golden and Julesburg. This they propose to do, and so to discriminate against Denver in their rates, as to practically shut us off from this traffic. ; The buildine of the Georgetown road j can alone avert these disasters. Shall we therefore make ono more effort to retain and strengthen our railway and I commercial emioence, or shall we quietly qui-etly and supinely allow our present ad-vaniageB ad-vaniageB to bo taken from us? To this question we believe Denver's answer an-swer wi'l be neither uncertain or unsatisfactory. un-satisfactory. ''Denver News." |
