Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-12-03
Tha sonthern PacifIc RaIIroaa.

leading friends of this important enterprise in our
city; among them the interchangeable President DIR.
FowLKEs; also Gen RICHARDSON, JOHN DEIAFTELD,
Esq, and Hon J. K. CLINTON. These gentlemen are
stopping OF the City Hotel where they will be hap
py to receive calls and impart any information that
may be desired in connection with this subject
Dr. FowLKEs Is in excellent spirits, and reports
his enterprise as freed from all difficulties with
every prospect Of speedy completion. During the
week our citizens have been entertained with two
very able addresses from Gen. RICHARDSON and Hon.
J. K CLINTON They regard Congress as having re-
cognized the necessity of rapid and speedy postal
and military REORGANIZATION between the At
lantic and Pacific States of the Union. That expe
rence has demonstrated the practicability OF this
mail route overland through Texas and Arizona.
That our present position towards England, in ref
erenee to the matters at San Juan is warning.
That the massrcres and rObberies on the lsthmus,
and the unsettled condition Of Mexico and Nicara-
qua is another TO ncicate the necessity Of speedy
transit. through our own territory, of troops and
-munir1ons of war, and in peace, Of our own mail
service.
The company, we are informed, are provided with
ample means to construct the road TO III PasO, on
the frontier Of Arizona They then propose 10 con-
struct it through that Territory if the United States
Government will give to the road the military and
possal contracts for the next ensuing twenty five
years, or render it such other aid may be with
in their constitutional power to grant.
We are informed that the company is now free
from all debt whatever that its franchises are Sc
cured 10 it, not only by the terms Of its charter, but
by the judicial decisions Of the courts Of Texas 1t
has also raised S25OOOO TO commence work with
under the future management of J. EDGAR THONP-
sox. ESD. one of the first railroad men in the Uni
ted States About one million and half dollars of
Shares are now for sale allotted to the several States
of which one hundred thousand dollars is offered in
Tennessee. The stock books to be closed on
the 10th inst ts President having received condi-
tionsl offers OF purchase Of all not taken by that
day The proceeds arising from such sale are to be
invested IN the purchase VI negroes for the con-
struction OF the work.
This is grand sud important enterprise, and if
successful, must yield Immense profits to the public
spirited and enterprising individuals who have the
nerve and sagacity to push it through. We believe
il eminently prac tcabe and that, sooner or later
IL will succeed Its highest compensation is that II
a. an individual enterprise. AlTOther propositions
for the construction of Railroad to the Pacific have
looked TO such aid and action upon the part of the
General Government as, in our Judgment, would bf
an improper assumption Of constitutional power
and most dangerous in precedent and practice Lei
the active friends of the present enterprise guard
against this error, and the company viii soon Sc
cure TO itself that confidence in the minds OF Tho
public which is only necessary 20 place its speedy
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