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Show S'jsvjr.. :''ti j i ,i Sept. s j SUBSCRIBERS VIEW. I'.imtor RicmsTOR. I louitiK that a few lines Ii om a Subscriber will be acceptable to v .iir ctilunius I write. Your stibscuber was so ui fortunate as to attend a so called railroad meeting last night, witli the expectation ol hearing what the city of Ephraim would do, and c raid expect, in return, but to my surprise, left knowing know-ing less tlr in w:ien 1 entered; I have attended similar calls to citizens of town and cities, outside cf Utah, for the pur-pise pur-pise of sutneiibiiig to railroad or railr ad Ic.nks as lermed in the states, After lisieain to prpositions of depot location. Union depot, water tor train, free will donat'on, etc., etc., which Would all do for ciiurch, church location, missionaries ijoing abroad, etc. Mr. Editor, let me make a little gits-estion, gits-estion, not that my suggestion may be accepted nor even better than others, but your subscriber came to said meet-in meet-in , to hear what Ephraim could give, md what could be expected in return, supp ise said railroad Company or cam-panies cam-panies make Epiirairn a point of shipping not only a junction, out actualy pom ol freight reeeiving and height delivery such as Salt Lake City, and Ogden, or l'n.vo (loathly of depot is ol minor importance im-portance f .r Mr so and so cannot step outside Hieir store and see the Union Depot. Never mind, so it is convenient to the public mid inside City limits) I hold that the citv of Ephraim can, by obtaining such etlbrt, to give say f 10,000 This figure may seem high, but let me show how the city of Epiiraim can issue bonds tor $10,000 to mature in 2oye.rs. with privilege of redemption at tiie opinion of the Hy, alter 10 yeais, such bonds will sell at six per cent, annual, an-nual, say the city pay interest two years at six percent. $ 6 it will be able to pay that at once by the revenue ol new business, after two years the railroad rail-road will have considerable taxable property, pro-perty, some wholesale or ticstrihiiiior, house, and the li ;e, we will have an ineiease in taxable pioperitv, to say increase our levnue $500.00 more; now use that as a redemption fund set aside t 1 meet maturity of bonds m ten years,. 11 r eight year.;, tne time the bond could be paid, now take up $400,1 the other ten years no doubt would be able to take caie ot $5, 000 probably ni ike cxchoige, so the interest Could be leduced, to say nothing in tegaul to the same property, business revenue-would revenue-would have so iiicieased that the least doubt is not to rnv miiitl about that. Your subscriber 's a sitting believer that property benefited must pay its own burden of tax, and not in donation, for |
