The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1855-01-13


his cali. nov, alter he has grossly deceived
them. and instead Of boosting ."at he h"s
four Texas charters, and 81. OOO. OUO acres
of land a. bonus. falls down to one char
ter and eiph, or ten miliions Of land We
can see nothing to BE- lost by fair discussion.
In our humble opinion. il will have cons
,rary tendency. II the scheme is lair
one. Il can be easily explained. and that
very confidence which ia desired =" moch'
will no, only be established here. bat every
where else.
What 10 the sum and substance OF this
scheme, taken in the most favorable lisht'
|, IL, N. we understand il. simply this
thu, in order to get = road. we must con
sent TO give Mr.. Wigfsll and his friends the
snug little sum OF e6O0,000. II we are
unwilling to do this. we cannot have a
road, and do no, deserve one.
hut II we were even willing to pa, this
bonus for the privilege of build 4 our own
road, what security have we tina, Il is oil
that will be required Has Mr.. Robert J.
Walker fallen so much in love with Texas,
that he is willing to work for nothing. G.
ior less than those who fll in humber
sphere in ,hi, enterprise How is it with
Mr.. Samuel Jaudon, Mr.. Jeptha fowlkes.
I'll. Green aud others who figure consp'
cuously in this organization Have they
no paid stock or ii they have, what is its
amount
But this is no, all. This psid stock
draws an interest Of seven per cent. per
annum, payable in money or the bonds OF
the company. Whatever amount there
may be issued, it is evident there is already
sufficient to absorb the bonus OF sixteen
sections of land granted by the State to the
road.
Where is the headquarters Of this organ
ization! Who are the men at the head OF
III 1t is located, not in Texas, but in New
York. and the individuals who have charge
OF the enterprise, and the handling and die
bursemeut OF the money, are men OF ques>
,ionabie reputation, to say the least OF them
What security have we that the money.
when collected, will be honestly or faiths
fully di,bursedi What faith can We put
in men who started gu, with false repre-
sensations. and whose whole course has
been marked bv discrimination, iaIsehood
aud humbuggeryi Confidence, under such
circumstances, 1t ippea's TO Us, would he
the height oil folly
But, 1t appears, that the paid stock Is not
They are To pay tor Labor rs we urdcfs
stand, double the usual price allowed on
lallronds. and To iquidate these amount.
through their hond., nj fit, cents Ia tn"
doiar According to the arrangement, the
road would cost ,hree tune. II. actual value.
70, iustnucr. at $40, 900 per mile. invent,
miles OF road could he built toI 500 900 /,
but II, the price lhe' propose r"y"g, IL
sI cost ; 100000
= Whom dld these gentlemen from Harris
on county, who visited Montgomery. repre-
I senti Was !, themselves. or the interests
/ ~ the counryi Il the latter VIII, did they
not say to Nes.fs. alker aud Mug -
oenilemen, You have made promises 10
US, apd have broken them; We lsced con
ideuce IN you, ard ye" deceived us. The
/ consideration which you promised for our
charters has failed, and ae must have them
back" Having obtained them, they could
nave brought them home. aud We could
have united under .he Nicksbrsg and I'll
Paso charter, wthor, any Membranes,
or we could have deferred any action anti!
after the first OF May. so nc to svoid coming
IN collision with any company which may
/ d ,s,e to bid for the Pacific charter. - i,
is, this company can neither build the road
themselves, nor will they permi, any other
/ company to build it. Like the dog IN the
mange., they cannot eat themselves, and
will not perm, others to eat 1t is very
doubtful whether any company will take
the Pacific charter, under existing circum-
stances for if ii should, they will after
wards have TO enter the field of litigation,
or to pay this organization heavy bonus
to permit them to carry on the work in
peace. The lst,er--.,he hope Of selling
out--is perhaps the reason the company
WAS thus organized.
These gentlemen, then. did not represent
the interests Of Harrison county. The i">
ference, Of course, is that they represented
themselves, aud that their visit to Mont,
geometry had an intimate relation to paid
stock.
But we may we'll inquire. 10 this organs
za.ion, after all, legal one Who repre-.
sented the stock of the Western or Vicka
burg and FL paso Railroad Company
How could they elect Messvs W. r. Scott,
". K. D. Ward, J. Starr, y. +. Young,
aud l.. 4. Wigfsll. AS direc,orst Are these
gentlemen Stockholders Under hat char.
teri II 40. how and when did they be.