Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1858-12-15

~ The i6ll owing appears 10 be full and as far
as We can judge candid expose Of the new elnbar-
rassmcnt and difficulties iha, threaten the Southern
Pacific Railroad. We do not pretend to keep Oursef
advised Of the intricate turns which the affairs Of this
great enterprise take. But We every day become
more and more co onyincei that lis first and greatest
set back was the hostility Of Gov, Peasc, as ovineel
in his rejection of the 100000 dep ost, and the
slang "soap mine paint factory" elamOr raised there
on by his pets, But for that We doubt not the
Southern Pacific Railroad route would have been now
secured to Texas beyond all opposition.
FrOm tle. Marshall Republican
Mr. Grants publication-The Manifest pur.
pose it was intended TO subserve,-A union
Of feeling in Texas for the preservation
Of the entsrptize.
In the last number OF the Flag there ap-
peared communication over the signature Of
Mr.. l.. p. Grant, President of what is known
by the cognomen Of the new Southern Pacific
Railroad Company which we propose to re-
view There are several considerations which
demand il at our hands. FIRST our public po-
slion as n journalist. We do not wish TO be
considered as either sanctioning or acting in
completely with other parties in Withholding
facts from the public which ought to be pub
lished* In the second place, our name is
connected with the matter. And in the third
and last place. and which renders it of still
greater propriety that we should notice this
publication, we are fully conversant with I'll
the facts OF which it treats, and with the cor
Ircspordcncc, circumstances, and facts connect
ed with the negotiations for settlement of the
difficulties between the two companies.
I A plain and succnct narration of the facts
vii! show the bad faith of this communicn-
ton of Mr.. Grant, its disngenuous character,
and the purpose it was intended to subserve.
We have no disposition to do Mr. Grant in
Justice. These are the apparent deductions
growing out of his late publication, as we shall
prove. clearly and incontcstibly, to all impair
tial minds
Waving any reference to the legal or equi-
table rights involved IN this controversy, we
state what every one in this community knows
TO be true, that the public deplored the exis-
ting state of things, that they had become
weary of the improbable discussion, and that
the desire was universal that compromise
between the conflicting claimants might be
brought about; that litigation should cease,
that harmony should be restored, and that all
parties should cooperate in the prosecution of
this great enterprise. Every one will recol-
ect that DR.. Fowkes, from the first moment
that he reached Marshall, spoke of compro.
mise and Cancellation, and endeavored by eve.
ry practicable mode, to bring about peaceful
solution of the difficulties between the two
companies; and, if this was impossible, he
expressed an earnest desire that some plan
might be devised by which the legal questions
involved should be speedily decided. 1t will
be remembered in what spirit these overtures
we're met by the new company. The Flag,
the accredited organ of that company, imme.
dintely published an editorial adverse to any
compromise whatever, a course which it pur.
sued until it was forced INTO a different chan
mel by the pressure of public opinion. Mr.
Grant states that the public were ''cLAMoRous'
for compromise, and the tone of his entire
communication shows, that, so far as he was
concerned, it was matter of necessity.
Those who really understand the positions
: respectively occupied by the contesting parties,
have been doubtless surprised at the pertinaci-
tv with which DR.. FowIkes has, from the be-
ginning, pressed the subject of compromise
) upon the new company and the public. Mr.
Grant affects to see in it conscious weak
ness on the part of the old company, and, in
the resistance of himself and friends TO all
overures, as exhibiting confident strength,
when the facts, properly understood, establish
, lust the reverse DR.. Fowlkes, as sensible
practical man, saw that there was no promise
, of speedy termination to the litigation, and
that, if protracted, the inevitable effect would
be to destroy the enterprise, and involve in
, ruin the interests committed to his hands,
1t was of the highest Importance that the DIFF
, ficuties should be settled as early as possible,
. for two paramount considerations: lst, the
, road through Texas, on the 32d parallel Of
:, latitude stood unrivaled among the routes to
) the Pacific; and secondly, with the vantage
o ground gained, enhanced by the munihcent
] LEGISLATION of Texas, it presented more attrac-
tions TO capital, and consequently greater in
Y ducements for aid from the Federal Govern
S ment, than any other route. These advana
S ges would all be sacrificed by protracted It'll
! CATION. But, in addition to such considera
tions, there was another presented of very
o grave character. Owing to the previous bai
management of the company, and the appa
i rently inextricable confusion in which its af
! fairs seemed TO be involved the State of Tex
, as had begun to regard the incorporation as al
. incumbrance to her prosperity, and the Gov
ernor had consequently instituted suit for {
: forfeiture of charter. Without speedy, sal
utary change in the condition and manage
!, ment of the company, there was every proba
!, bilty that public opinion would work for
Il y feiture. DR.. Fowlkes had learned from sourc
{ es which he thought entitled to credit, tina
{ prominent members of the new company, upor
: the principle of "rule or ruin," were conspir
: ing with the State to bring about this result
h r In this emergency, DR.. Fowlkes did not, a:
: stated by Mr.. Grant, bring aboat "clamof'
n for compromise, but he determined to give
' an answer TO public sentiment so full, frank
,. q. aa,IJ ,,ot ba reiacted Hence