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Wanted--a Street Railway

Wanted--a Street Railway image
Parent Issue
Day
13
Month
October
Year
1865
Copyright
Public Domain
OCR Text

W respectfully suggest tothe capitalists of our city that a Street Railway is a very much needed imprOTement, and that one would be a payiiig investment, tliat ia oce starting from a point opposito the depot, adjoining the gasworks, runuing up Pontiac Street to Main, through Main to Hurón, up Hurón to State and through State to the tforthwest corner of the University grounds, with a view of future extensión aloiig State Street to the Southwest corner of the Urriversity grounds, and thence by the most feasible route to the Fair grounds. Such a road ean be built and stocked for flbout $15,000 per mile, at which figures it would be better as an investment than ten per cent. paper, and, besides, would add largely to the reputation of our city. Street Railways, '■■, herever they have been built, have paid the stockholders a large per cent, and the one we ïuggest would be no exception. - Will some of onr owb citizens move in the matter, Or will lhey wait for some foreign capitalists to come in and build it, as at Detroit, and thea, as the Detroit slow-ooaehes did, buy the road at one hundred per cent or more advance on the cosf! JL-5f As will be seen by the proceeding8 in another celumn, the tax-payers meeting held on MoHday evening last, voted $3,000 to aid in lepairing aad enlarging the Obsenratory in its present Jocation, in Keu of the $10,000 heretofore appropriated to procure te remoyal. $2,500 to be expended un4er the directicn of the Regents in improving building, and $500 by the Council in I he improvement of the streets Jeading to the Obíervatory. "Pevsonally, we should be glad to see tlie Observatory removed to the University grounds, where, in our bumWe opinión, it ought to be, but in wiew of the debt hanging OTer tbe .city, and the high taxes caused by t-he war expandí tures, and in view of that other roaxini - of which we believe onr laraented late President was the author- jthat "it is easier to pay a small debt than a large one"- the action of the meeting was, perhaps. wise.

Article

Subjects
Old News
Michigan Argus