The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1858-11-12
Tor the Texas Republican.
1HI FLAG AND THE sOufHI1N PACIFIC
RAIL1OAD

there - an editorial headed, The South.
.rn Pacific Railroad which, it seems In
me-, was intended for other pnrpssc.
than an explanation for the bcncii, Of ,h..
Caddo Gazette. Having no intcrcs, i,
either the old or new company. farther
than desire ia see the road Progress
my review Of the Flags article will
therefore, bc impartial. 1t 10 a fac, well
understood III this community, tina, the
Flag" if not the accredited organ Of
the New Company, does its trnmpoting;
and whatever appears IN It's columns
may hc considered almost official
The whole matter is now in the hand.
of the Committee appointed by both com.
panics to settle their difficulties. Tha,
Committee have made their award. and
published i, TO the world and whatever
questions tina, may be hereafter submit,
ted to it will br determined eonit.
ably aud rightiully to all parties. The
known integrity OF each gentleman who
compose the Committee Jus,ilics me in
saying this much.
The editor Of the Flag" travels ou,
Of the rccord-gecs beyond the award.
informs his readers in advance Of any
action 10y the Committee, what stock.
holders will and what will not pass
muster" before that Committee Does
the language of the award itself author
we him to say what the Committee raj
do hereafter III the matter of stock.
sealing! ! have read the award care
fully, and the most lati,udinal construc-
tiun that can be given to il. does not
F -, that tho \.u.
Orleans stockholders will pass muster"
before the Committee, sooner than the
Memphis, l.. disvllc, or any other stock.
holders who have paid a valuable con.
sldcratiau tur their stock
The flag says, 4 very large pro-
portion Of the stock is owned in New
Orleans. We. Of course. cannot tell
what test the Committee will establish
bat even ii the oHe Irs kar, h,ard suggested
were applied theirs would pass muster,
to.wit stock purchased at the Office Of
the Company for cash" Now. from whom
did the editor of the Flag hear IL sug-
+ gcslcd what tost the committee would
establish g, Did he hear it from the com.
mit,cc themselves or did he hear it from
some person who had uo authority 10
>poak tur the Committee let the editor
II the Flag answer these questions him.
self If be- did not hear it from the Com.
mittcc, hut from SOME person not author
izcd tp speak ipl them, then he has IN
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1..,a r, n,,.rrs.,r,' ,,no,iro Car,hor
b,.,,' u,,,. ~ ia, Fla. ,,,;,l. in wli,L
bn .,vs that only tbos. vLn rurcba.cd
stock At IA, oeir. If tbr romn,,v ia,
cash Will stand the lost wb.u !, i.
known Il. every uor.on wbn knows any.
thing nj all th.t rnilrnnd .,n,.ls ar,
b.uoht and sold IN ali the stock markets
IN the world a. readily a. hills Of c,.
change. or any other commercial paper
and the interest passes as eflccinally II
Is nonsense. then, Ia say. that an assignee
uf stock certificate. paid for. will have
have mo- standing before the Committee
The Committee | know viii not say il
for one If them +, an excellent lawycr
and he rest are men Of sense.
70 show the object OF the aforesaid
editorial. and that ii was intended for
attitudes farther East aud North than
Texas or Shreveport the editor compares
the Committee tp the Old Travelling
Board 81 Land Commissioners. and
says This term all Texans will nm.
dersinud. For the bcneii, Of outsiders
we VIII explain" dc. New who are
these oulsldcrsy' Are they not the
stockholders who are to aid nr. fowlkcs
IN raising the money!
Why did mol the editor go on and cx-
plain further and inform the outsiders"
that when the Travelling Board refused
u tr'"'','n'nh cclt'hca'e rs genuine
ana legal mat ne ho'def @'g@ oppeai 10 M
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