New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-01-05

Alr. RUSK, one of the Senators from Texas, has,
during the past redss Of Congress- devoted himself
very ndustrOusly 10 DE- project of getting the Pacific
Railroad TO through flat State 1t will be remem
berod that Ex.Gov Paine, of Vermont, died in Texas
last summer lie had gone thither with other North
ern gentlemen 70 examine the topography and general
capacities Of the State with view to ultimate steps
in relation TO tie Pacific road. when he was seized
with an attack, which, acting upon debilitated sys
ten aud chronic disorders that he bad long suffered,
preraturely terminated his career Some OF fruits
OF that cursory exploration, thus made in conjunction
with Senator Rusk and other gentlemen Of Texas have
lately appeared. Railroad bill has recently passed
the Legislature OF that State by very decided vote
in both houses and will no doubt be approved by the
Governor. Senator Rusk, we presume, is the faith
err Of tie bill. II is designed 20 encourage the
formation 'of company which viii secure to Tex
as the advantage OF having the Pacific road cross
the State Its most prominent feature the grant OF
IL 400 acres of land per mile to the company which
shall contract to build the road under certain stpua
tons and guarantees But TO secure this boon tho
company must be formed under this act and of course
comply with all its provisions The BIZ thus quite
knocks away all the pegs which have afforded shad-
owy support TO our friends of the MoOnshine scheme
They have all along protested to rely greatly upon
certain important advantages derived under some old
Texas LEGISLATION in reference 70 road from Galveston
to tie Red River, with the right to make branches
Indefinitely Long ago, when Texas was bidding
high or the money and enterprise of other States
to come TO her aid she granted quite number
Of charters TO adventurers making favorable offers
Of land to those who would build certain rail-
roads within her borders. The Moonshine COmpa-
Nv 60. possession OF one q these charters through
the agency OF an individual whose persuasive
talents enabled him TO enlist Mr h j. Walker, L. 5.
Chatfeld, and other euterPrsirg capitalists in his
scheme This ancient aud htcnt charter has been
linus revived in order 10 be welded e TIC act OF IN
corporation derived by the Comraay from this state
as sort of bladder to fost il over Pcrls that have
ever eneonpsssed, and Of lat pat ply, threatened
TO eugulph ii. This new act OF Texas o. entirely out
bidding all ormer acts Pricks this Bladder completely
ard leaves i entirely worthless a. sustaining power
10 the Moonshne enterprise In order 30 take advan
taee Of the new grant the Noonshnes must abandon
their organization under their absurd NcwYork Char
ter with Mr.. Walkers ten million subscription, the
millions appropriated TO bribe the press, and all
Only bona fde organization under the act Of Texas
can now hope to build the road through that State
We believe company Of really responsible men, most
of them residents o. New-Engand about to organ
ize and 70 shead under this act We sympsthize with
our afflicted friends Of the Walker scheme, but we
cannot afford them, ii We we're ever so well disposed
suy substantial relief This last legislation utterly
ling and now nothing is len but to give it decent inter