The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1854-08-12

vssaAs rAi!s sAa--Dseisisn Of tas Governor
On Wednesday last. telsgrsphio dis
patches were received in this place, from
Mes.r, Ward and Wall, in Ausiin, to tho
/ effect, that on the 9Th inst Governor Pease
gave his decision IN relation to the com
pAny who are to build the gres, central
or Pacific road ,keough Texas The con
tract has been awarded TO Nesss Robert
J. Walker. 1. Butler Ming, General J. 7.
Henderson, and sheir associates, or. as It is
termed, the New iofa Company. The
sum Of $4,000 WAS on hand, ready for
/ depesiie so soon 40 the arrangements were
completed The fail particulars Of tic
matter will reach us ia tho Austin papers.
Until they sre received we have. of course,
nothing to say in relation TO the award.
We indulge the hope. that the company
/ which has obtained the contract, has stood
the test Of examination, has shown fair
front, aud is prepared 10 enter ,pon tho
great work IN earnest.
! Du, few people out Of Texas have an
idea oil the gigantic character OF this enter
prise; few, even of our own people, apprc>
cistc lis magnitude, ard ihe revolution il is
destined TO produce throuehou, th. State,
! provided il is prosecuted in tho manaor
contemplated by the charter
This road is to extend from the eastern
boundary u Texas TO FL raso, forming m
air line OF nearly eight hundred miles Iiily
miles Of this road are 10 be hui, within the
first eighteen months, aad one hundred
miles every year thereafter, until it Is COM
| pleicd. The company which has obtained
Z the contract, has obligated Itself to build
J sixteen miles ia addition, from this place
TO sope point on the Lake. which is to be
finished and placed in running order by the
frat OF April neat.
| For the construction Of this road The
company are to receive from tho State Of
Texas, bonus OF twenty sections Of land
TO the mile, or upwards OF ten millions OF
acres This land now bears but nominal
price; but once the road is constructed, il
will be worth from five to ten dollars an
acre. Taking the lower estimate. aud 1t
VIII sell for $4,000, 900. The road runs
over Al exceedingly level country, and can
cheaper than any road Of similar extsni in
tie DATED States. H.. cos, has been esli,
mated ., $40 600 10 the mile. We have
supposed that 1t would cost more perhaps
fifteen or twenty thousand dollars At
most the road cannot cost more than from
twelve to sixteen millions Of dollars, leaving
the company 'bc road. fully equipped aud
under beadway. snd ciear capital Of ups
wards Of f0rfg millions NJ doliars'
This is paying great deal Tor the road
in our opinion, more than double the sum
necessary to construct IT, But, withal
this, the citizens of Texas will be largely
the ga'se,., # the enterprise is carried out
in the manner intended Who cnn estimate
the amount Of emigration aud wealth it
will pour into our state the effect Il viii
have In increasing the value Of ptoperl,
in deseIop,ag the resourcos Of the State
aud Tho impein' il viii give to every species
Of en.erpTisc'
We have no apology to make ior-por do
we even regret our opposition to the com.
parry which has secured the contract. II
Was not scnseless opposition. but ono for
which we gave substantial reasons Who
has answered our arguments, or success
fully defended the New York Company
from the charges brought against il Has
1t been done by the sinjciivc and oxtray.
agan' DESTINATIONS Of the Tyler Telegraph
or by the wishy washy chalk aud water
reflections of the Marshall Meridian , The
f'icnds Of the road here generally con.
ccde that the defence oi lhese Two papers
was sufficient, in itself, TO rum the New
York Company, #. indeed. newspaper arts
eles could have such an effect Are we
TO understand that the reasons which 70,
"fncd IA IA our course were not suggested
10 the mind OF the Governor. OF that they
had 40 weight with HIM, Or is it reasons
able 10 suppose that the company. through
its representatives. answered tho objections
urged agnins, il, and satisfied the .overn>
or that they were prepared to carry out
The contract in good faith Any other
Wow than that of The latter. places the
Governor IN an unanyiable aud dissrase>
(ul position. As highly as we esteem him
as man as much as we respect him as
an officer we should not hesitate to de-
nounce him, Il we thought he had giyer
hls decision without examining the ohlcc
lions urged against the New York Com.
pany, aud we think il would be The dg,y
OF every paper Ia the State TO take a SIN.
liar course.
We have never boon opposed to The road.
We were among its earliest advocates We
were among those who got up the first
meeting in Marshall. to give i, start in
Texas. la, we did ohlec, to the reckless
rourge n,trsu,,l hv tha | .o,yt ,t,,,o Z, ,,a,s,