The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1853-08-20
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northern capitalists to build the EMU. ,o.l
from Nirksburg to the Texas line. a d.
lance of DOT miles for the sum OF 81 M
mile This company which can contra
a hundred millions of dollars, offer 10 h,;I,
the road aud place upon 1t all The nece,,,,s
engines. cars, s,ation>houses etc. wiz.
three wears and all for the sum Of the .,,a
sl7.O0O per mile III this sum they ;.
oure $4,000 in cash as the work pro,,..
80. 5 1000 the, take IN stock and the ,.
naming 5000, payable IN bonds Of H..
compan, having thirty years to run.
The result OF our reflection is, that il IA,
highly favorable proposition to the comm,
nv We will only Ice required to pay 81
0O0 per mile . The course of three wear,
the contractors VII take : 600 ~ .,or.
and We have thirty year. to pay the bsane.
which can be met by the receipts from III.
road and to crown all these advant,,..
we pet the road IN three years All adm,
that a resort to loans on hypothecation AZ
the stock OF the Company will hc lndisns,
sable tneed not be said that the oarr !,
too high We do not believe it, Il will
cost u that much to construct the road Ia
say nothing OF engines, cars, station hou.a.
etc. But the paramount advantage in III,
Proposition j. To- be- found ~ the shorines,o n,
time taken to complete the road o,lv
think Of three Years While other, ar,
vet discussing the practicahili,y of the van
ous routes to the Pacific. we will have in
operation two hundred and seven miles /,
Louisiana. while Texas IN the mean,im.
will have taken it on an equal distance
through ner tich domain. We are for Ii.
road We care not an ochdro who bglt, I
= whether the Emperor oi China, or Ia.
tlar ot Russia ho OF Us ALL who has.
subscribed tor stock, we're laduced To do 90
hv the prospect OF realizing fortune by E
such stock II j. the convenience OF tran,
pottatiau. the facilities oi travel. and q,
hlpcemeut Of the value of property, whic5 Z
we contemplated ana desired For Oh,
part. we would willingly sacrifice lwenty
per cent of pui stock To have "A guaranty lh., L
the road will b" completed il three Yea,
aud on such favorable terms As we regut
those offered hv this northern COMPANY
Not TINT We consider the stock viii B, h
valucle-s quite the contrary But all olhe' 4
considerations are absorbed by the over
We,nipE desire Ia see the road IN Operation
The only objection we can See To the pfopo
-iitpn j. that It might deprive stockholien f
ol the pr,Ilrgr OF working out their .,oc, E
But. alter all, tins objection is constrw Il
tive, heca9sc the sam" opportunity mgt
bee offered hv the contracting company
\u additional iudnrcinent to the accep
lance al ihi, pfopo>iilnd presents itself to
our understanding l1 the tact that the 0pe
lousps Railroad, Il We Judge from the lstn
before us vii Is all probability call hsi
at the town of Washington he commit
tee appointed net long since, on the part
the Directors recommend that for the pre-,
eni, the company contine its exeTtions
the completion OF the road to Washngo'
leaving tor iew month, the considetsi5
of the question rs to the future progee
beyond mat point, but Ia the meantime
make more uil and accurate suryey
the route THIS Is an uminous suggested
1t is omnous of foresight ol great ohsa
cles and impedmcnts aud we alude to n
circumstance, not with the view OF takr.I
any advantage OF the coniition of tiiuj
on that road. ju, that We may take wamlJ
,hefelfom. and omhrAre the opporuu
presented Ia vs. oi having our road comp.
ted speedily and certainly, No in,etirrsrs
with our CHARTER, aud NO disruption Of es
company viii cusuc. These northern ca, l
italists MI be only employed by the cor
u