Camden journal. [volume] (Camden, South-Carolina) 1852-1852, 1852-04-20

The Government of the United States, inde-
lcndcnt.v OF the humane policy by which they
har" always tecn influenced towards the Indian
tribes, void be lmpcllcd by other considerations
OF no little force to make this purchase 1t
would enable her by the concentration of the In
dians how in the territory Of Texas on a given
spot. to diminish the humber of her troops in
the State at least one-half, by which she would
say" not less. it is presumed, than a million Of
dol!arr aunualIy-to say nothing Of her obtain
Ing an equivalent for the payment of public
debt which she is bound to pay, without COM
p"nSatlon or indemnify except indeed it is to be
found III the vast revenue which she will collect,
Tor a!icS to come, on your consumption. A boon
she as acquired by that act-anncxation-by
which her liability to pay your debts results.
| would respectfully suggest that the ces sion
in question lie made to tie Government of the
United States on the following conditions
|. That the ceded territory :liuuld be used ex-
ciuSivcIy for an Indian reservation when this
ceases, its jurisdiction should revert to Texas, the
United State2 retaining the public lands belong
ing to the same.
,. Iha: The amount the Government Of the
United States shoul agree to pay for the terrific;
ry in question, should be applied to the discharge
Of the difference between the sealed rate and face
value of the revenue debt of the late Republic of
Texas for which the Government of the United
States is liable.
8. On the creditors signing the required re-
leases to the State Of Texas and The Government
Vi the United States, fit pei cent. Of the above
amount should be paid to tile creditors Of Texas,
III cash. and fifty per cent reserved in the trea-
sury Of the United States. to constitute the sub
Scrption Of the creditors of Texas to the charter
Of Il railroad from some central poiht in the inte-
Iior to the waters Of the Gulf by some route
which shall confer the largest amount Of profit
on the neutrality-suspicious. that are nearly
identical-the road will be selected by the stock
holders after scientific survey.
4. Ii the proposed arrangements shonld be
consummatcd. the Legislature Of Texas should
grant to the creditors charter for the construc-
ton Of the road.
5. That. for the amount of fifty per cent. re-
served in the treasury of the United States for
the construction of the railroad. each creditor
shall be entitled to recciAe, in shares Of one hun
dred dollars each, ,.r amount equal to the bal
alcc which may be due to him on settlement
of his claim.
| have the estimate of highly accomplished
and abe civil engineer that such road, of 250
miles in length. running through the most fertile
part Of Texas in her wealth and population, might
be built for 100000. 1t is scarcely necessary
to inform You that in no country in the world
can railroads BE- constructed with the same de-
gree Of cheapnc>s as in Texas. They would run
on dead level. with scarcely any inequality of
surface, for ut least l5O miles from the sea-re-
curing very little grading.
believe road on route judiciously selected
and economically built will pay al interest of five
per cent. on an average, for the first five years
aftcr its completion, and ten per cent in the sue
cccding ten years, and in the next fifty years add
one hundred millions to the value of the proper
ty of the State.
believe moreover, that in auglnenting the
population of Texas by the immense facilities the
road would atf,rd to foreign immigrants in trans
portation and freight, it will return in ten years
to the Government of the United States tho
whole amount which they may stipulate to pay
for the ceded territory, OH the increased duties
collected at the various custom houses in the l.
States OIL the consumption of these emlgrantS.
Nor ought We to omit to take into account the
immense annual saving Certainly not less than
the interest on five mon') on the freight ana
transportation of the supplies and munitions OF
war of the troops in Texas and New-mexlco.
believe that such 4 road might be competed
in three years from its commencement, and abide
through all time proud and lasting monument
Of Your justice and the gratitude Of your credit
ors."
These propositions seem fair enough and are sustain
e bv the author with his usual force Of argument. Tho
Rail Road project is certainly one Of vast Importance,
and would not surprise if these ideas were really
seriously entertained by many of the leading men Of
Texas, and the General Government.