Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-11-19


or. Of cai viii SEE from an advertisement in this paper
that the sewanee Mining Company prepared te m orders oF
coal Their facilities such that they can iuis any qtu
desired and we presume their prices viii BE- az heFete' UNI
fo There Is no reason why Nashville should motive suppl
coal at cheap aud am rates Il is as much the interest
OF dealers 10 create market intls way, as is that Of the Gro
Gerry merchant to make desirable point to purchase soee
re II consumers are forced pay eoant prices for COAL
they will Of course, freely as they would le ho
cost 50 much This with every man. he ms o
what they may, but particularly Will be the
case with those whose means rather limited Now take the
reverse pcre put coal At cheap rate and more lah
double the quantity viii beussipeaps Is within reason 70
say that the quantity quadrupled Nov the business
man viii not be at know whether will be more Pron'
bic to sell the largs quantity at cheap rate or me small al re
which makes it moge Of a luxury than necessary
Our eone have lad % pay much for the coal they have used
1t has been the price that restricted the quantity consumed
There has been and yet demand for much larger amount OF
coal than has been taken, could not Afford to pay
the prices demand told that coal cannot be laid
down here for less than twenty twenty-five cents per buhel
we set down that who makes his calculations OF prohts
uponsuc prices perhaps GREATER is willing to be governed oy
only half Of the motto Live let live II coal can be
furnished to places cheap rates. can be to Nashville
and has ooome to this before the Consumption OF c0'i VII"
reach what Il ought in place the size Of Nashville
It seems 70 US ought to strike dealers as the policy
they adopt they desire to increase their profits We
hope e sewanee Mining Company viii take step in the right
direction matter Give coal at cheap and uniform rates
and the consumption will increase in wonderful ratio
THE SOUTHERN Pacific RAuRulD-SIErr1so OF srOcKHoLD-
ERAfer good deal of sarg, many enangemeHs and di
faculties the prospects this rosd says the New Orleans Bue
tn, appear be Frightening again, and there seems to be
pretty good believe that the work will ere long be
again pushed forward.
The road and its appurenanoss readers aware were
some time since seized sold by its creditors This created two
companies and the matter ssemel nexably
entanged mehes OF the laws which enthusiastically put
stop any further progress Of the road perhaps for years. IN
der these circumstances the friends Of the road those who wished
built commenced looking about them to see if COM
promise difficulties could be effected by which the work
could s-aia be pushed This accordingly undertaken
and it proved successful.
By the terms Of the compromise the rights Of all bona tide
stockholders have been secures only obligations assumed
being the payment o. bona de debts held BY the members Of
company These debts amounting about three hun
dre thousand dollars are 10 be paid three five and
months enough, considering the aness Of the sum to he
raised no respect the existing rights Of the 60aade
stockholders put in jeopardy.
To raise this amount OF money the object Of meeting
the stockholders which to take paos Louisville KY, on the
a5t inst It can scarcely that the comparatively
small sum rascd when the Board Of Directors will
find 60 with the next section Of twenty-five
miles OF the road, upon the completion Of which the company
viii be entitled to receive the Of Texas the muah
donation Of land and bonus cash with which readers
are all familiar The stockholders company should there
fore, by maus N, Louisville meeting possible in
person. in order to make Of carrying the thing properly
through securing the rich prize that is within their grasp
the great road the Pacific and the South is
largely interested trust therefore, that not only the
stockholders railroad Of the Mississippi will az
tend the meeting, so to give great impetus to the orkas
possible wh view pushing the road through the FL Paso
speedily possible. The road involves cons
ouenc 900 vast to he frsaen now, after twenty-five miles Of it
are actually built,
generally understood chat the abest fnsnciers and
most influential men West, viii be placed at the head Of
Affairs as soon as everything settled, ane therefore look
forward to this louisville meeting with little interest We
refer to Hon JAMS GUTHRIE Secretary Of the United States
Treasury win he Of strength to it, and VIII
secure for the great enterprise universal confidence
It's understood that Dr. FouLKEs whose indeiatEabc
rtons the work upon the road largely due, IA
vor this transfer Presidency Of the Company from him
self 70 Mr. GUTHRIE little doubt that the latter will
at once accept the trust