The true Democrat., 1857-01-13
Memphis and Litlie Rock Railroad

w. have heretofore adyerted to the exertion. being made by certain interested parties in Al smphls to breathe new life into this ..ol,nns detunct insltution." On the l7th ultimo the Board Of Mayor and Aldermen of the city o Memphis passed the following resolution:
 " Resolved, That the sense of the qualified voters ot the city be taken at the several ore. clhts Tn each ward, as to whether they will au. thorize the Board of Mayor and Aldermen to advance S5UOOO for the construction of the Memphis and Little Rock railroad, in addition to the original subscription, taking such secur- lty as will secure the city property-takmg into consideration the present condition of the said road
 " Resolvel, That vote shall be taken on Saturday, the 27th inst, for that purpose.n
 Wel the 27tn rolls round, and so little inter est Is felt by the bona ie residents of the goodlv city oi Memhpls, that not sufficient number, could be obtained to act as judges of the cleo ton, and IL has went by default. Touching thls matter the Memphis News of Tuesday says
 "The sum and supstance of the matter is. that 50 llttle interest IT ths question has been eli cited by the formidable '" leaders" of our " rail- road preSs," that there were not enough citi- zenS to hold the election, who would have voted aiiirmatively on the proposition submit ted by the Board. Unless some other partv besides the city, comes forward to rescue mi, enterprise rom the Slough of DespouI" into when, by the name of '' Lost Swamp" 1t ha, been launched by It's quondam mana.ers. it i, tor the presen; ".wanped" in the bot!omle,s bottom oi Lost Swamp"
 W no will come tO the rescue? Will the Land Company? Will the Legislature of Ar kansas? or must the city itself build a railway 2 Is not this idea absurd? Can Memphis bulu d railroad to Little Rock? Have we the cam- tai! hat are our taxes now? What must these be, If We go into d speculation in W Aicn the lanu company Jailed 50 miserabl,? The city must have help to build q road costing three miiIlonS, aud III which, after we have in. vested eight hundred nd fifty thousand. We may ne frlulred to invest million more to save that already expented.
 IL Is not strange that Mr. Mynatt, (the city MarshAlD could not find judges for such al elecuon. No man would involve the city in Sucn prohtless undertaking.
 
 We have heretofore expressed our views :" Ill eNtenso" as to the proper course to be ta- Ken as resar'ls the prosecution of this railroad The company has failed-miserablv failed; Ii now by investing S50O,0UO We can secure the certain completion of the road, let it be done; Il t be game of "Soltarer in which we are to lose, and every body else to be bene tited, We say let 1t alone
 " he city Is incapable of building railroad We cannot complete our bridges, our gravel ling, the grading of our bluf;-we cannot satisfactorily manage our own finances. we can- not wall Tn court square, for the want of funds and yet, It Is sravey proposed that we shall invest SS50OOOin plohtless building, in which no Individual, unless he is landholder along the line, will invest one dollar"
 We trust, and firmly believe, that the Gen. erai Assembly of the State of Arkansas. now m session, will require the Memphis company 'o comply with the act of 1855, and refuse tc grant any extension of time until this railroad snail b. placed in the hands of dj tfarent man -Des Arc Citizen,