The weekly Placer herald., 1852-09-11

same parties receiving the grant from this
State.
These steps taken, by September 1858
the company would be organized, wouid
have complete information as to the route,
and would be ready to stipulate, contract
and 90 to work They should be IN the
Atlantic States, for until route Is agreed
upon, we do not know where to begin
here.
The railroad interests of the Atlantic
States are in the hands of large capital
lists, many of whom pursue railroad builds
inc both as business and science. 1t Is
easy to demonstrate to them 1t is a busl-
ness calculation, that the building of this
road will enhance the value of the stock
of every railroad in the United States; it
would not only make the present immen,
water travel by the lsthmus ard Cape
Horn, railroad travel to and from the
west, but it would multiply that immense
travel; besides this, it would bring large
travel between Europe and Asia and the
islands Of the Southern Ocean, across
their railroads. These things are matters
of figures, and no class of men understand
these figures better than the railroad cap
italsts of the east.
The Atlantic States, in their railroads
as well as in their political interests, have
northern and southern relations; for this
we care nothing, except as it may serve
us. 1t is of great importance, not only to
the railroad but to the whole commercial
as well as political in ests of the north
and east, that the l., e should not run
south of the Missouri. 1t is of equal lIn-
portance to the south to secure southern
terminus. 1t viii be our business to say,
wherever we can get the most assistance,
whichever interest will concentrate and
push common line farthest into the west,
we will undertake to meet them.
The north would, without donbt, be
ready and willing to construct Il road to
Fort Laramie, and the south would be
equally ready and willing to construct a
road to Ell Paso or San Diego. If not one
dollar was to be realized from the road,
the north would be justified by the en-
hancement Of their own stocks, and com
PEELED by their commercial interests. The
south would be justified and compelled
10y the same interests, and venture TO
predict that the time will soon come when
we will have to oblige both the north and
south 10y allowing them both to comrnu
ncate by iron roads with this golden
emporium. But the inducements for At
Iantic capital Ivy way of returns from the
road itself are more certain, definite and
satisfactory. 1t is within the range of the
simplest and clearest demonstrat on that
the road itself will be better permanent
paying investment than any now i'll ex-
istoncc.
These facts mnst be presented to, and
these considerations agitated on the At
lantc, and the first result will be that we
will awake the Atlantic railroad interests
into effective activity, and we will secure
what we most need-a counter influence
that of the Pacific Mail Steam Ship
Companies at Washington. This interest
has foothold, fixed foothold among the
politicians at Washington, and it is an
tagonistic to our enterprise. Our repre-
sentarIves want friends and they must
have them. Two senators and two rep
resentativeS constitute but small force at
Washington. BY vigorously executing
this plan, we get the entire railroad If1u-
ence Of the Union at our back, but we get
what is much more potent ut Washing
ton. heavy monied influence with us.
Now Ihave asserted that it is probable,
more than probable, that it is a business
calculation, that when the organized party
have suggested, appear systalnatzed and
prepared for work, and present the con-
slderations have suggested to the Allan
TIC capitalists, that they will be offered
common terminus, both at the base of tx
Rocky Mountains, and on the Rio Grande.
further insist that California herself
applying all the energies and resources of
the State, and the energies and enterprise
Of her citizens, without any extraordinary
aid from Congress, fren!e!::::33ee:r she has al
ready grant Of 100000 acres of land
for just this purpose from the present Con-
gress) can build the Pacific Section Of
either line. Do we doubt for an instant
that California can do it? If Illinois can
build 400 miles Of railroad, and sink 100
miles of canal through the solid rock, is
it to be admitted that California cannot
build $50 or 500 miles sf railroad. For
myself would not tolerate the doubt.
If then California energy, enterpr Sc
and capital can build the Pacific section
and the Atlantic railroad capital, with the
Ordinary aids OF Congress will build the
Atlantic section, there is but the central
section to provide for, and this part of the
enterprise is somewhat difficult, it may
be time to call OH Hercules.
The national character of the road for
political, military, postal and commercial