Washington telegraph., 1855-01-03

forward this work, without great energy,
and the most unfinching perseverance-un-
ul confidence in money matters. and CON-
mercial transactions are fully restored. To
proceed In the construction of work of
this magnitude without system or thought
for the future. would be a reckless expenGi-
ture Of money. and censurable disregard
OF the interests of the company, and abuse
of public confidence
As it regards the Sth and last proposition,
the Cairo and Fulton railroad company,
with due Difference to the opinion of the CON-
mittee. state. that notwithstanding they have
the fullest confidence in the strength of their
plan thus far, and their ability, with the aid
Of proper legislation. and the confidence of
the people, as heretofore. to build the Cairo
and FuItcn Railroad within reasonable
time. if what they have already done and
propose, should meet the appreciation of
the Legislature or, at least, as soon as any
any other company, having the Ike conf
dence of the public. could, or would be just
liable in promising at this period of dis
trust and impaired confidence, in nearly all
railroad stocks and securities Of every kind
pr0gtded. the lands granted by Congress-
in aid of Its construction, should be turned
over 10 them. free of embarrassing condi-
tionS-rcStrictions which it might not be
within the scope of human foresight to ef-
fectually guard against.
1t is useless to attempt to disguise the
fact. which every candid mind must admit
that tie times are sadly out of joint. an6 that
works OF this kind cannot now be pressed
forward with any degree of rapidity yet
rather than that their labors of more than a
year should be lost By failure to cause the
line OF route of the road to be definitely
fixed BY the Legislature. and copy of the
survey of the line Of the road. made by
this cOmprny to be forwarded TO the pro-
per local land Offices. respectively. and the
General Land Office. at Washington city.
within ninety days after the completion Of
the snc.'" (which limitation will expire on
the c2l of this monthly as required by the
ac: OF Congress making the grant; and. in
order that these lands may be legally select
ed and reserved to the State, 50 that they
n,ay be applied to the purpose for which
they we're granted. as well as that no differ
encc q opinion may arise as TO the views
and intentions CT the company. or conflict
between :hem and the representatives of
tie people, In fcrtherance OF this enterprise
They propose for the consideration of the
General Assembly. anG explicitly state,
that they are ready and willing. as they ev-
er have been, upon the request of the Le-
ciSlaiure. to surrender to the State the char
ter. survey. field notes, maps prOfles. books
and all ofeial papers relating thereto. on
being .ndcmnifed by the State for all their
expenditures, so that the respective stock
holders may be reimbursed This. the COM
pany believe, is the best plan that could be
advised under the circumstances, to remove
every reasonable objection that could Justly
be raised that this company desire to place
any obstacle whatever in the way Of judi
ciOus disposition Of these lands by the Le-
gislature. TO any other company Offering
guarantees Elore acceptable to the Leeisla-
ture and advantageous to the interest Of the
State
In addition to ,shat has been stated, this
company would respectfully suggest, as not
inappropriate on this occasion, that these
lands cannot. as they are credibly advised.
be reserved to the State without the evil
dence on file, in the General Land Office,
of a correct map of an instrumental survey
of the route of the proposed road. accompa-
MED by the field notes, from which it is
compiled. attested by one of the engineers
composing the corps that made the survey
Very respectfully,
Your obed't serv't,
ROSWELL BEEBE,
President