The south-western. [volume] (Shreveport, La.) 1852-1870, 1854-09-27


prospect of this great road being built, says that
il would be difficult to form an opinion as to the
ability of the Walker company to procure the
necessary funds for the undertaking, in the pre-
stnt stringent state Of the money market. One
thing is certain, however, that provided money
chm be procured for the road, there is no rail
road company in the world that can give as
! annie securities for the loans it may make as
| tie Mississippiand Pacific road. Yet, notwlth
| Standing this fact is well known to the capital
| ists Of the world; notwithstanding the immense
| yhluc of the lands to be donated as successive
sections of the road shall be completed, promis-
! i5e it To be the richest railroad corporation IN
! tie world, it is nevertheless true that the com
pbnv which received the contract to build the
rbad, has utterly failed SO far to make the de-
pbsit Of $500, 600, required by the 18th section
7ot the act of incorporation. We have been IN
| formed, we suppose, correctly, that Messrs'
Walker and King made tender of deposit Of
stock in the old Farmers and Merchants bank
Of Memphis certificates Of which were issued,
WE suppose, especially for the occasion by
Jdptha Foulkes of financial celebrity, the pres
| ident of the aforesaid institution. Such de-
pdst of course was not accepted BY the govern
orr and such an offer of the stock of an institu-
| tidn, that, from all we can learn, has been gal
vanisod into a temporary resuscitation merely
for the purpose Of enabling Mr.. Walker to make
this deposit, necessary to get the contract, looks
like that he has no credit, or else he wishes to
m Ike this bare semblance of deposit, as a
! temporary measure, to enable him to sell out to
SOD company that has the means to build TIE
road. The company, however, has, we believe,
till the 1st of November to make the deposit,
and we can see no reason to doubt that it will
colnply with the terms of the law.
The Flags surmises in regard to Walker we
road in hand as a great speculation, and with
the view of, if possible, realising fortune out
of it, He will never be able to raise sufficient
money to complete fifty miles of the road, for
the:reason that he is looked upon by American
and. European capitalists as the originator and
father of Mississippi Reputation, and they arc
therefore afraid to trust him, or to invest mon
ey in any enterprise in which he has a finger.
II must be painful to all those who respect
the law and love good order to witness the Ge
IF turb md c,,,rs
prevalent at this time throughout the country,
Every paper we open is filled with the particu-
lars 5of "another riot" between the Irish and
Americans, the Germans and Irish, or the
different factions of the Irish themselves, in all
of which disturbances numbers of innocent and
orderly citizens are killed, or in fact murdered.
1t is time that stop was put to these things,
and Ill persons in any way engaged in such out
RACES should be punished. We care enot who
they arc, nor where they were born, any man
Or SCI of men who setthe laws at defiance, and
create disorder and turbulence, who discharge
musl5ots and pistols into streets crowded with
people, deserve to be severely punished, and
it is the duty ofa good citizens to aid in putting
stop to such lawless proceedings. In this
country, which we boast as having the freest
government on the face Of the globe, men ofcv-
cry creed and every denomination should be
allowh d TO enjoyed their opinions undisturbed, |
unmo}ested. Although different factions may
entertain antagonistic opinions, it is no reason
why they should disturb the public peace and
cause the cutters to flow with human blood
Such dlsgraceful scenes as armed foreigners
parad}ng one street, and Americans arming
themselves, for self-defence, in another, as oc-
cured in New Orleans last week; or of bands
Of lrshmcn driving Americans from the polls,
and the latter getting reinforced and driving
off their assailants, as happened in Mobile, a
few days ago, cannot be permitted in this coun-
try, and would never have been witnessed in
eomn1'fnity, if the mayor and police officers per-
formed their duties; but, instead of so doing,
It appears that these officials content themselves
with being quiet lockers on at the fight, with
The intention, we suppose, ofjoining the victors
when the battle is over.
These repeated difficulties between the Irish
and Americans, and the frequent interference
Of newly arrived immigrants in the political and
social affairs of this country, demand and will
'eceive deep consideration from the American
people, and result in the application of RENE
1y of $ pine kind. At the present rate our GOV
ernmeat will, in the next twelve months, "pro-
5ress' from republic into mobocracy.
The riots in N. Orleans had not ended I'M to
the l6th inst. The night previous three or four
persons were shot or stabbed, and Mrs. Adams
an American lady, was shot by some villain,
while standing on balcony, between her bus-
band and another gentleman. The Picavnne
says, once more is innocent blood shed in tho
most brutal and audacious manner amon,,et 70
Again Us the power Of the law among Us iDso-
ently And barbarously defed and tramp]ed on
Yet again are the imbeciity and mpotencv of
our an horities cruelly Knocked and held IN to
Still another monstrous ilustrat;o,
Of the lnetficiency of ourpolice organisation has
been given. Once more are our fellow citizens