New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-03-21
yICKsBURG, SHREVEPORT AND TEXAS
RAILROAD

The construction Of railroad from the Mississippi
river through the northern part of this State to the
Texas line is enterprise likely to materially affect
the prosperity OF that region, and should awaken
lively interest throughout the State. The necessity
of some mode of conveying to market the produc-
tons of northern Louisiana and northeastern Iexas
becomes more urgent as those fertile regions I'LL up
with industrious and thriving settlers and that neces
sity is one in which many business men OF new VI
leans are deeply interested The spirit manifested IN
the prosecution of this enterprise and the progress
and present condition of the work. give satisfactory
assurance that it will be completed at no distant day.
and there is everything in its location and prospects
to warrant the firm conviction that it will be diyi-
dend paying road.
The entire line Of this road has been surveyed and
is under contract Ten miles of track has been laid
from the Eastern terminus, and iron enough Is now
on hand to lay twentyone miles more; the Board of
Directors having besides authorized the purchase of
rails sufficient to finish it to Bayou Macon report
f the Board of Directors dated the 18th of January
states that the graduation of the eastern division
then far enough advanced to warrant the assurance
that if the iron can be furnished the road will be
pushed through to Monroe early in the spring Of 1853
There is at present no reason to fear that the rails
will not be supplied in time. The report also states
that within few weeks previous, good subscriptions
to the amount Of more than $4,000 had been OBJ
tanned by agents along the line Of the road, and the
feeling in its favor through the country was rapidly
increasing The grading of the western division is in
progress with force sufficient to complete it across
Caddo parish in the course of the current year. and
over 800 hands are employed by company chartered
by the Legislature of Texas on the extension of the
road in that State
The report of the engineer estimates the cost of the
road, with a moderate equipment, at five millions.
This does not include the bridging of Red river and
it is considered necessary to increase the capital stock
Of the company from four to six millions of dollars.
An act Of Congress, making a donation of lands
to this State to aid in the construction of its railroads.
entities this road to 520924 acres all of which will be
rendered valuable by the construction of the road
The greater portion Of this land will be arabic, and
much of it is of the very best quality of cotton land
the poorer descriptions the pine lands between the
Ouachita and Red rivers but they are well timbered,
and at no very distant day will furnish immense guam
titles Of lumber for transportation this road to
markets in each direction.
A report Of the Board of Directors made in Septem-
Der last states that it was considered exceedingly de-
srabe to have the road completed across Caddo parish
within the succeeding twelve months for the purpose
of transporting iron to the Southern Pacific Railroad
at its junction with this in time to its chartered
rights and land grants. When completed there will
be road through the northern and one through
the southern extremites of this State uniting and
extending through the State of Texas. It can
hardly be doubted that should railroad to the
Pacific ever be constructed this will be it.