Jasper County Democrat, Volume 22, Number 94, Rensselaer, Jasper County, 21 February 1920 — Page 3 Advertisements Column 2 [ADVERTISEMENT]

TAXES DUE MAR. Ist ' I Money on hand when the assessor calls is a liability. Preferred Stock in the RENSSELAER MFG. CO. is Non-Taxable Tax-Exempt Non-Assessable and pays • 8 PER CENT INVEST in Rensselaer Manufacturing Co. 8 per cent, non-taxable Preferred Stock before March the first.

NOTICE OF REMOVAL I have moved any real estate office to the rooms over Co-Operative Meat Market, on north side of square.—GEOßGE F. MEYERS. f 25

They couldn’t be built now for When the talk turns from politics to railroads, and the traveler with the cocksure air breaks in with, “There’s an awful lot of ‘water’ in the railroads,” here are some hard-pan facts to give him: American railroads have cost $80,900 a mile —roadbed, structures, stations, yards, terminals, freight and passenger trains —everything from the great city terminals to the last spike. A good concrete-and-asphalt highway costs $36,000 a mile —just a bare road, not count- , ing the cost of culverts, bridges, etc. Our railroads couldn’t be duplicated todefy for $150,000 a mile. * They are capitalized for only $71,000 a mile — much less than their actual value. Seventy-one thousand dollars today will buy one locomotive. English railways are capitalized at $274,000 a mile; the French at $155,000; German $132,000; even in Canada (still in pioneer development) they are capitalized at $67,000 a mile. The average for all foreign countries is SIOO,OOO. Low capitalization and high operating efficiency have enabled American Railroads to pay the highest wages while charging the lowest rates. . t '' <Jhis advertisement is published by the dissociation of Railway Executives Tlwtt ditiriit inftnnatitn tnani»t At railroad titvafita way obtain liftratnrt by writing la Tht Auociation of Railway Eagtntiatt, bl Broadway, Ntw M