352 



BAILROADS IN CALIFORNIA. 



take precedence of the Government bonds, as a security upon the 

 road, to an equal extent; so that they have actually received aid from 

 the United States Government, in the form of bonds and securities, 

 to the enormous amount of $55,711,360; besides which the Govern 

 ment has paid interest for them amounting to $6,164,720 49. How 

 much the Central Company has up to date realized out of 15,000,000 

 acres, more or less, of lands donated to them by the General Gov 

 ernment, the books of the real estate department of that huge con 

 cern alone will show; but counting the sales and assets together, 

 and the amount in value cannot be less than $10,000,000. Numer 

 ous towns and cities have been laid out by the company along their 

 lines, and these must all be counted under this head making the 

 sum in all probability far in excess of $10,000,000 a year her 

 share of this annual gift from the Commonwealth of California to 

 the thrifty firm known as the Central Pacific Railroad Company. 

 Besides the million and a half thus guaranteed by the State, other 

 millions have been donated directly by the people of the different 

 cities and counties. I find that about forty speaial laws have been 

 passed by our Legislature, authorizing gifts of money and bonds to 

 railroad companies, to say nothing about other acts granting lands 

 and privileges of one sort and another, and the five per cent, law, so- 

 called, of the session of 1869. The amounts authorized to be given 

 by the several counties and cities under these forty odd acts, at dif 

 ferent times, range from $50,000 up to a million dollars each; and a 

 partial list of them may be interesting for reference at the present 

 time: 



Yuba county $ 200,000 



Sutter county 50,000 



Solano county 200,000 



Yolo county 50,000 



San Mateo county 100,000 



San Francisco county 600,000 



Santa Clara county 200,000 



Placer county 100,000 



Santa Clara county 200,000 



San Mateo county 100,000 



San Francisco county 300,000 



Los Angeles city 50,000 



Los Angeles county 100,000 



San Joaquin county 250,000 



Placerville city 100,000 



San Joaquin county 100,000 



El Dorado county 200,000 



Placer county 250,000 



Santa Clara county 150,000 



Stanislaus county 



Alameda county 



San Francisco county 



Sacramento county 



Calaveras county 



Tuolumne county 



El Dorado county 



Calaveras county 



Napa county 



Stanislaus county 



Yuba county 



Yolo county 



Los Angeles county 



Los Angeles city 



Plumas county 



Sutter county 



San Joaquin county 



Stockton city 



San Francisco 



25,000 



220,000 



1,000,000 



300,000 



50,000 



50,000 



100,000 



50.000 



70,000 



25-000 



65,000 



100,000 



150,000 



75,0::0 



230,000 



50,000 



200,000 



300,000 



.,000,000 



Total, $6,360,000. It is not exactly known how much assistance 

 has been actually rendered in pursuance of these statutes, but it 

 amounts to a good number of millions. 



In addition to all these enumerated gifts and guarantees of money 

 and lands and bonds from the Federal Government, the State and 

 several cities and counties have granted bonds and franchises of in 

 estimable value; as at Vallejo, at Sacramento, at Marysville, at San 

 Jose, at Stockton and other places, besides the enormous donations 

 of submerged and other lands in and adjoining Oakland and San 

 Francisco, comprising a thousand or two acres in the former city. 



