Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1859-09-10

j uHHNAuAaaA n
and country gentlemen who may have the
means. to come forward and take stock in the
road.
This road will pay a large dividend Itforms
the connecting link between two great rail-
road ~eenteTs, St. Louis and Memphis; each
being the commercial metropolis Of not only
the States in which they are located, but Of
the surrounding Ststes-ons being the favored
city al which King Cotton holds his periodical
l~5ress, and from whence bis blessings are dis
nsed throughout the civilized world-the
D. her being the city at which all the material
I is gathered and distributed among those
whose pleasure and profit it is TO do service to
s mighty king. No rivalry need ever grow
u between these favored cities their in
-ssts though identical in one point Of view,
e as separate and distinct as that Of the
osmaker and buck-mason. We can produce
e cotton they can furnish the barging and
pc to bind it up for the European spinners-
r slaves can consume their beef, pork and
-irn, and the proceeds Of the cotton viii foot
% The bills
These cities are soon to be connected by this
] "aLLUaa~ WHICH y A4N NAAN AEAAAAtA@ ID 70
be finished to complete the perfect railroad
system Of both cities. It is the most direct
I route, and seventy-fTe miles nearer than any
other, and Of course, The cost TO the traveller
vin be less, and consequently the travel will
be attracted to it. All experience proves the
! truth Of this assertion.
It is sal that # some inveHting genius would
place on foot a plan by which persons could
be dispatched from New York 10 Memphis in
thres minutes, at a cost Of a thousand dollars,
and with a proportionate increase Of The risk
| OF life and limb, that the new line would re-
ceive the principal Of the patronage Of our 60
ahras people. Time is a great object with our
business men, and even pleasure seeker, and
verv properly too, for much is frequently ar
cOmpIished in a few hours.
Having stated the proposition which cannot
be successfully contradictsd, thai this is the
nearest route between St. Louis and Memphis.
and Of course between s.. Louis and New Or
leans, il nav be taken for granted that the
principal part Of the through travel will be
upon this road, and will now undertake 10
show hat the investment in this road viii pay
\ lNNa.U4tlN- FAllrN III Ms NNAANg VIII I'm
msnd from ten to fifteen per cent. per annum
upon good security, and whenever more than
hat price is demanded for it, the capitalist
will be required 70 scminize very closely the
security which is oferedforft. Hence, if lean
show clearly that this investment viii pay
twenty per cent per annurl, and the security
be ample to protect the capital, then shall
IT, -Ea--Ge-- - -awsa-HfeHa r.~ che rufnr-
prise which now towers a head and shoulders
above all others.
The length Of this road is about two hundred
and sixty-fye miles, and the estimated cost, in
round numbers, is SIX millions Of dollsrs. This
is a full estimate, but viii serve to demon
strsts my proposition. This sum may be set
down as the investment, and in order TO yield
The s~toekholler twenty per cent. per annum
(which an will admit is an snormous price for
the use Of money!, the balan-s sheet must
show an annual profit OF che million two hun
lred thousand dollars, end TO obtain this sum
he gross earnings OF the road should be two
millions annually, as it will require about
forty per cent. Of the gross earnings to operate
the road-his is he estimate furnished BY he
LllellA-ELA ELEe4ArAL OF Tue AnHllN4Ae ulA i
Charleston Railroad Company, who has had
eight years experiences in the business and if
can show that the earnings Of this road Will be
two millions Der annum, and then deduct eight
hundred thousand dollars for the expenses Of
operating It, then, Of course, the nett prof
will be the balance Of one million two hundred
thousand dollars, at twenty per cent. upon The
investment, In order to obtain that sun Of
money. = sstimste lhst sixty thousand persons
viii make the round trip during the year, aid
that each one VIII pay a through fare Of nine
dollars. and this estimate viii 10. appear ex
usyagant when we contemplate the vast
mount Of commerce now carried on between
the upper and lower countries, a large portion
Of which will leave The river and patronize
his road. The freight viii not yield quite SO
much, but including mail pay, which viii be
twenty-five or thirty thousand dollars per an
mum, and express pay, which viii Be, prob
ably, ten thousand dollars per may
safely set this down az nine hundred and
twenty thousaad dollars, which added to
~ one million and eighty thousand dollars pas
sage money, viii make the gross receipts
-wo million Of dollars per annum, and the
annual dividend will Be twenty per cent
after paying all expenses. Now, IL my esti-
mates are correl, then this will be the very
place for the guardian TO place his deceased
brothers estate in trust for the benefit Of his
orphan children. It VIII be the place for eveR
the widow TO cast her might will be the bes
savings bank 10 the world-one in which he
capital VIII De preserved, and al the same time
a sum drawn out in dividends almost equal 10
he amount paid 70 the street lenders for The
use Of their money
In ny future communications Imay under
take tn show where all the trade and travel of
which have spoken is to come from. In the
mean time I desire your readers to study the
map Of our great country, and they will then
be ready ID listen 20 these suggestions with
more interest. J. H. UNTHANK.
SEFTEsrBER 9, 1889.
- Grand JunetIon,s" Nomination..
EDrroEs AFFEAL: Doug as and johnson,
though excellent men for President and Vice
President, both reside wsst Of the mountains,
and therefore p1cprietY and policy would re-
quire a different arrangement
Douglas for the first Office has so nearly the
universal voice, and which be has so richly
earned by the able and self-sacriGeiBg manner
in whiehbs threw himself into the breach at
the desperate encounter OF the compromise
measures in 1850, and again in the passage Of
the Eansss-Nebrasks bill in 1858, we cheer
fully respond 10.
Let us therefore cast our eyes 20 an opposite
side Of the map. Illinois being on Che North
west section, we find the Empire State Of
Georgia on the Southeast, and who in that
great state or that great section Of the Union
viii we find ADLER and sounder than her
Toombs. We therefore move to amend
Grand Junction'sa nomination By subsli-
tutinr Toombs for johnson az Vice President.
one hundred aad Ggy Democrats ritbin a sioAe's
fhrou Of The appeal offer.
Memphis and -. Louis Railroad.
A convention Of he people Of Arkansas.
friendly TO this important enterprise, viii be
held Al Marian on the 12h inst, to appoint
delegates from Arkansas to attend a meeting
at St. Louis, on The 29th inst, on the subject
Of the extension Of the Iron Mountain Road
eoH4- Al me clL4tNs OF AAhauede leellIg j
an interest in bringing this great road through
our State, are requested 10 be present. Gov.
Jones and bthsrs viii address the people.
p. Gauu. IN HcF-rv. ;. Them.
W u. Gsfiiu. s. HEtnfhrr. q. Perry.
x ueru- r. p. nsHan. n Errrms.
A Deau- ~. MerureatherE- Che=k,
A-B G9IE. G " p1te. q ". Hanv.
- Tally 4 2. Hsdrers, q W drares.
B.. Tex u. I. ArmstunE. J. Martin.
p q Hemfdn- D. HYerE, HF spharr. i
A paftaa. A b TlunFr- % p HuHhret. j
" p. Hardy. Z 3. d Saain, d. ". Enis.
J WIau. = D. nnuuns r. Hausf1n- D
p. =. Price. r. p. Bell J. Parsons.
W p. Smith j EH Ward D. B. Horne.
". q Alexander b. q. Camp = EFaus.
re. Hilsrs ?. Price
Other city papers please copy.
C~KIrrExDEN Co, Ark, Sept Z, 1859.
I~mroETANr DEcrsIov N YIReIsIA- ne
Court OF Appeals have unanimously affirmed
the Judgment Of the Circuit Court 10 this eoun-
~ II The case Of Sanger ". the Central Rail
road Company" At the November tern.
1850, Of the Great Court Of Augusta, Jacob
Sanger recovered a verdict for $4,000 damages
g. 49, wrrrfw-N he Fhn wHnrrErE .-hsf. o. ]