The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1858-12-10
flE eOUrHERN PACIFIC RAILROAD TIE
OBJECT OF CInTAlN PARTED II Sue
cEssYuL THEY WILL RUIN THEIR FRIx0Ds
AND DEYEAr TIE ENrKRPRlz1


cEaFuL THEY WILL RUIN THEIR FRIxoDs
AND DEYEAr TIE ENrKRPRlzI
Whether DE-. Fowlkes was right IN re-
puliating certain portions OF the late
award of the committee 10 settle the
points II difference between the Old and
new southern Pacific Railroad company
I, a matter which wc shall not now DIS
cuss llc certainly was not afraid of
the issue. aud wished 10 publish all the
correspondence and all the negotiations
which led to- it. We advised him not 10
DO u. and the committee sanctioned ont
views Was this right or was It wrong?
II published what god would Il have
accomplished Il certainly would have
produced mischief Al angry and plo-
rracted controversy " uid have beloved
predicting state Of FEELING winch
would have rendered an amic,hlr settle.
uiont u existing difficulties cut Of the
question What thon The litigation
would have gone on II is unnecessary
To- discuss who womb ultimately triumph
ia this contest tu, ttN question u.s. h1~
long would this hW suit iast tcrau-
Is not short pf f,c aud perhaps might
not terminate ia ten years Gould ,hc
new company expect to de- anything
while tins litigation was gong On? ~
cnrdine 10 their own showing, the par
tic. abroad most favorable Ia ihcm,
have deferred taking hold OF the enter
prlzr. or contributing material ard to It
whilrii is m law What would become
Of the road in that time. and the invest.
meuts Of parties in 1t: They would bc
host II railroad 20 the Pacific is ever
t. be- constructed it is more than pruba-
bic it will be commenced before five
years; aud If thi. company is not speed
lily relieved ct ilS embarrassmcnts It
must give place to scmc other
thut ali parties were protesting 10 aim
at a common object, to Wit the pay
mcnt Of the debts, the puriieatiou Of the
company. and the prosecution of the
work, we advised DR. Fowlkes instead
Of staying here and quarrcling with the
committee and the new company 10 go
oil and raise the money That If the
stockholders abroad wopld carry out IA
good faith, the ptu' Of tine award and
ondcavor 20 c9h>ummatc the gf,f Se'pAs
contemplated hy 1t, we thought all the
matters m controversy could be amea-
bly, settled upon his return We tiiak
".e gave him good advice, and that the
Committee acted wisely ia arrc,ilug
this controversy More than this. It
seems TO Ms that all parties who really
desire the success Of the work, or who
have investments IA IL must agree with
Us. We are satisfied that majority of
'v"r Tho new company would b" glad
fer Dr. Fowlkcs IT, alse the money eni
for the Old company to take the road
\ portion If the New Company. how
ever, think and feel differently and are
determined to leave no stone unturncd 10
defeat him According To- their repre-
sensations the new company are the spc.
cial and particular friends Of the ban,
fie stockholders, aud DR. fowlkcs is the
bogus stockholders They then hold out
Inducements for the sympathy of stock
holders abroad by making them believe
that they are to be ultimately let into
the new concern that has such horror
Of all stock except that which has been
pntchusrd with cash at the III ot the
company
The word "iiow Company has a very
cuphonious sound Bat let lis impure,
who are the individuals that compose ilg
Were they not the Officers. agent, and
employees OF the sold cut Company
which by bad management was placed
ia its prcscu, condition. How mach OF
the stock owned by lhrm was purchased
tor cash at tine office Of the company?
Perhaps the Flag can inform us2 Was
there any of it So purchased?
Did not the Pres dent u the new com.
pany declare, previous to the sale, that
the purchasers would mt recognize the
claims Of any stockholders Dld these
purchasers not admit the Texas stock
holders as matter Of policy and IN
order TO build up home uilueneey'
Have not some If them 50 declared pub
liclyy Have they not also stated that
they did hot Intend To admit any foreign
stockholders When they first organ.
ized, II they had intended 10 admit the
bona tde stockholders, every sensible man
knows they would have made prooama-
tion Of the fact; that they would have
said to the world: I'VE sold out this
company To get rid Of the bogus stock
holders, bogus contracts, and bogus