Washington telegraph., 1856-12-10
The Cairo ead Fulton Railroad.

our Legislature ana Deen approved py the
Governor. The affairs of the company,
and Its prospects at the present time, give
us renewed confidence In the ultimate
success of the important work they have
undertaken.
We have already alluded to the election
Of the Hon. EDWARD Cross of our coun-
ty, as President of the company, and bear
cheerful testimony to the fact, that his ell
ovation to that responsible station is every
where recognized as valuable accession
to the amount of credit due the plans pro-
jected by the leaders of the enterprise
We shall, from time to time, present
our readers with all the material facts con-
nected with the progress of this import
ant work, with which we may become ac-
quainted, and as we have previously sta
ted, be ready to do all we can to advance
the prospects of the company.
The lands appropriated by Congress to
aid in the construction of the road, have,
we understand, been selected through the
agency of the General Land Office at
Washington, and will, by the act of the
Legislature just passed, vest III the Com
pany upon their complying with the re-
quirements of the act of Congress making
the donation. Although no part OF these
lands can, in accordance with the provis-
ions Of the grant, be disposed of until
portion of the road is completed, yet
they can be used as basis of credit by
the company, by which they may secure
the capital necessary to complete the road
within the prescribed time, and when
completed, we have no doubt the lands,
with the stock subscriptions, will be am
ply sufficient to meet all the liabilities of
the company.
In addition the aid granted by Congress,
and the home subscriptions of stock, we
are assured that the company have good
grounds to expect, and do expect aid from
other sources of character that viii en-
able them to prosecute the work with Wig
or to successful termination Upon this
subject We take pleasure in referring our
readers to the conclusion of letter from
Judge Cross to the Chairman of the In
ternal Improvement committee of the Sen
ate. He says:
The principal aid, however, is to come
from abroad American railroads are not
built, and most certainly I5Eonsas rail
roads are not expected to be built. from do
mestic resources The directory of the
company expect to go into the markets of
the world with its good name, and /. credit
unsullled, bearing IN their hands as secu-
rity for the means desired for their work.
at least one million acres of rich and valu-
able lands, which they will offer in pledge
for sufficient sums of money to complete
their road in the shortest possible time.
They will c.rpect to sUcceed, for others have
succeeded before them, and what others
have done for other States, we will under
take to do for Arkansas The companv
expect success, yet not without years of
toll, Ofstruggling, of losses, of reverses, of
opposition and discouragements. The
company possess most teommandingline-
uniting as it does, with the most distant
States and diverse climates, bringing
near together the inhabitants of the torrid
and frlgld zones -mingling as it were. the
waters of distant Oceans-enabling the in
habltants of opposite climates to inter
change the fruits of their industry-weId-
ing together the Union in iron bonds. and
contributing to our national strength and
prosperity. In this thing, sir, feel that
this company is pursuing no sordid, selfish
end. We expect to be profted, it is true
to receive return for the risk and labor ;
but we expect to profit our State still more.
and our country beyond measure
/ have to inform you that in correspon-
dence with eminent capitalists in various
parts of the country, this company has
not promises nor assurances, but encou-
ragement sufficient to inspire confidence,
that their line is appreciated, and that
with the security afforded by the donation
of lands made by Congress In aid of their
ments for completing theirroad within the
required time Any information or assu-
RANGES on this subject, will be cheerfully
explained to yourself, or any other inte-
rested Thus far in the experience of this
company, very little has been said or done
which all citizens of Arkansas might not
safely know; fer the labors of this compa-
ny concern, in an eminent degree, the in
terests of all. There are, however, occa-
slons, In the history of all enterprises, pri-
vate as well as public, which demand cir
cumspeetion and reserve, to be determined
as the exlgency may arise.
In conclusion, l will say, in the uniform
language of this company, that, laborins
as it is for the good of the people and the
country, as much as for any profit there
may be in this enterprise, the directory
have been ready at all times, to cooperate
in the most efectual way, for the prosecu-
tion of this much desired work, and that
no private interest or personal feeling of
theirs, is deemed of sufficient moment to
delay it for a single hour, under whatever