Show I 1 WHY NOT BUILD THE RAILROAD I 1 I 1 would it not bo be a good plan for our nor I 1 beat equipped citizens to make one more I 1 try ry to see it the toad road out to 11 the N a line li ne cannot be built r ap pp a a c 0 were to mako make a thorough canvass canvas iq if it not reasons my bly contala that but they could raise OOOO with that amount or more raised would it not be possible poal lle for them to go to now new york and say buy to capital we have go B much money suppose we to go to work with it and build as much road as a it will build ray thirty ute miles which Is 80 20 per cent of the road and then issue bonds to continue ik ft will youlay yoa boy too the bonar the money we beall haio put 1 in being mortgaged tor for the payment of t the interest nod and principal ot of your bonds we think it would wittiest bo possible to sell all a ll easily bonds bands to tin the amount of c pot per mile on the remainder c lit the distance that would be ample with which ahl ich to build the road end and to equip it tor for local tinalee tin alne the figures we make about ai 93 follow Grad toc 1 P tr bine lie bot li E ier 1 1 10 ii 2 VAS 1 1 i 4 WO in it cwi iwi ornille wr mile nille i 1150 2155 total asro toco Th atwould leave wiper nille mile for roiling lolling stock block which would be ample until thi the road should be completed to tho the state line calling the road macs in length and a nd supposing sap posIng the first 35 miles was to bo built by the individual exertion of the people ot of this city a debt ot of f per mile would amount to that at 7 per cent with a sinking fund 0 4 per cent in order to pay on off the indebtedness in twenty five years would amount to 1130 PO the first year we will suppose that running expenses expense a and andre re pairs paira would amount to as an much more inore that would wool a make the be annual fixed charges against the road SC mady exper tit believe that with the road completed to the state line there would be a dally daily freight of oc 1000 to tons n a ot of ore wo we will suppose SU that there tb 0 would be only 2 tona the freight fro algirt on ore from stockton forty five miles milea per ton reckoning the freight for iri id miles at twice that eum aw the daily yield would be b 1200 or tor for days dayn in the year Oi OOOO deducting the fixed charges ti TS we have left led the dividend ties duo stockholder which ahl e h would we old be or 21 per cent on this makes no n 0 sev of passenger lares fares ot of freight ire igat ot at ores ot at tho the artur dinall or express when so a ot of the travel ot of the merchandise ot of tho the fuel fael lumber and machinery to other supplies to bo be brought lo in bud and of the special travel ravel to and from the lake during the its warm sewn mason we think it would be safe cafe to estimate that from these things there could conid a revenue be obtained that would swell tho the to 60 per cent on till the first in investment aside from the fixed y eb ch charged urges argei then tons of 0 ore daily con can be counted up w with rith perfect carcan certainty certainly for or along it long time to come we can not see tor for the we life of no 03 why our oar chief business men are not anxious to engage la in this 1119 scheme or why any man maka who ow cwm us Is a lot to la salt lake city would u not 0 t be anxious to wort goge gag that lot for halt its value raise and put pot the money in 6 tock stock of the real tho the money would come back in two years niter after the completion of the road and in the meantime the realty really would woold have doubled in value there would be nothing for bridging nothing for right of 0 way except through one pass where a little work has bag been done there would bo be no trouble about water except at aira oa point and that would not be serious there ther a would a I 1 d not to be a grade on the vio route rente north orth mentioning while the moat at 0 tho the way the road would be without a grade over nines miles and miles of the route eight horses and two or three alin e men with no an excavator or datel builder would mate make the grade six miles milea a ilay day on the easy grade only light rolling stock block would iw be needed and a small would haul twenty loaded funded cars care we vs tell the he men who can ralso ralee a good deal or a little money that they would ba care to wait twenty years lip fore ore another such would present prete tit it act as ift an investment while it to Is just BJ as clear that the road itself w would old be but halt half the investment for with the completion of tak the roi load which would woold cost cort but a trifle comparatively ively speaking they would find that salt gait late lake city realty would have doubled to ID value then too with the road finished bothi to the state line nearly can one fourth of the distance to t los angelis angel wc would old be the re are other these are enough to mention at it la Is the tiling thing most needed tor for this city and many another city situated like this would give gira out and out to any company that would ball balli I the road we think the pi opte here toy liy putting up the could build and own awn tile the entire road |