Arkansas true Democrat., 1860-01-18
cairo and Fulton Railroad-Letter from
 MT. Brayman.
Cry OF NEW YORK, 18th Dec. 1859.

4 Fa,tor lE. Louis Repu5lican:
 SIR: A friend at home forwards me , communication dated Jefferson City Dec I 5fh signed Southeast" also, an article both rsjken from the St Louis Democrat ;n whSh the '' Cairo and Fulton railroaC company" and its officers, are uniustl1 assaed.
 It has been the misfortune of this com many, on frequent former occasions. to be tbs object of reckless misrepresentations falling thus far to do harm, or provoke reply This impunity seems to have en. outraged these new, ill-informed assailants to an extrayagance of assertion beyond pre- yious exaAple. l Twill notice the most i nrominent points of attack, leaving the rncharitabe conclusion of the writers tc sbare the fate of their facts.
 This company Is charged with hostility to the Iron Mountain company; the very contrary having been true, since I have been connected with its affairs.
 This charge of hostility, is based upon a circular of this company, signed by two oi ifs directors, in which the evidence of if is found-whereas, this company has publish. cd no circular on the subject: nor have any l of its directors, so far as 1 know, signed any published document on that subject | 1t is charged that Mir. BRAYmAN subscri- bed SS00,000 stock, on which he has \ "never paid Js0e per cent, and the report E of the board of public works is compla. K gently referred to, in proof. The truth, how K ever, Nhich the reports furnish, is, that len psr cent, is paid on that subscription.
 It is charge that :" for concern that \ has not paid,in capital exceeding s5O.- tOOO on subscribed capital of two million lond quarter, see report of board of kpublic works, to come forward and de. &nounce the management of another road, and then, ask to be CT trusted with State IboadS amounting to SI,65O, ,00CE IS decid- edly cool"
 Not "s so coor' as the assurance of this Iwrit4r. The t.u.n is, paid in capital is Hands S4l4, 300, cash $90, 963 75) $504,- I663 D instead of 50,000-the subscribed canital is sl, ,261, ,775 instead of ''tco and c soaarer mAlion." This company has not, since my connection with it, asked $l,- 65o000, nor for three years asked for any thing. This company has not " denounced the management of another road" offici- ally, or by its officers personally-and the pretended reference to the board of public works. appears to have been without any ! knowledge of what they have reported. It is said, that l" Its president is Bray man, citizen of Illinois, and an extensive | specuIator in stocks" Mir. B. is '' a citi- | zen of Illinois, and feels complimented | that, notwithstanding this, he is by unani- | nous elltion, president of a railroad in | Missouri, and another in Arkansas, upon a | line reaching from Cairo to Texas, and it is ! hoped, by the completion of the Iron Noun tain and the Texas roads to connect St ! Louis with Galveston, and with the Pacific \ road being now in course of construction i from the Arkansas line through Texas { westerly. Mir. B's extensive speculation, ] in stocks during his connection with the , Cairo and Fulton road, consists of subscrip- ton to its stocks, $800,00L, on which ter per cent. has been paid-a like subscription of S2, 300 in the Arkansas company, or . which thirty per cent. has been paid; an( ' in disposing of a portion of his stock II icompliance with the wishes of a Missour { director. lie never held dollar of banl stock in his life, being an anti bank demo crat)
 It is charged that !" hese bonds a understood, acere secreted tn c bank ap q Wsconsin and an urgent pressure had tob restored 10 to force Mr. Braynaan to disclos he secret" This statement '' Is under stood,' and so denounced, as a falsehood without mitigation. It has its use, howev CT, inI disclosing the instigator of these tw articles in the Democrat. Why did no the Editor leave such statement to hi anonymous correspondent?
 Again" 7He tad is, Me Coiro am Fulton road is mired up wuh certain cil cat Jaaks Q, Illinois and Wisconsin," No 1 a particle of truth is '3mixed up" with Mis
 A portion of State bonds granted to thi company, were sold to bank in Illinois in the usual way, some two years since and paid for That is all. This compan has had no connection nor business relation with any other bank in Illinois nor Wis consin.
 The pretended facts are thus summari lly disposed of-being impudent inventions lIhe inferences, the arguments, the inti nations, the ungenerous language, in whc .the editor and his correspondent indulge lpass of course, for nothing; bringing dis lcredit upon their authors rather thal lserious injury to the parties assailed.
 Dismssing this unworthy theme, 1t l deemed proper to add here, sufficient t lsave the Cairo and Fulton railroad compan from further misrepresentation on tn tsubject of the railroad policy of southeas Missouri.
 The road of this company 's part of fhrOughkne from opposite Cairo to Texas Il was male so by the act of Congress granting lands in one act, to Missouri ant Arkansas. Organizations exist in botl ftates, now being ''under one manage hent." The land titles are adjusted, tn ines surveyed, and work begun. Tn
 exas lines now in progress, lead to Gal Feston. and to Fl Passo, on the way cross the continent. At the northern end very convenient and valuable connection with the Illinois Central railroad. Ina E we'll This company has lands, in larg uantity, and valuable They are be timing to sell at good prices. It ha eceived aid from the State, and applied i ,n the work. The grubbing and clearing complete some forty-fve miles, gradin, finished thirty-six miles, rails provided pr thirty-one miles, and trains running Fenty-six, over suprior track, well sup
 ed, already beginning to pay. Measure te in progress, to not only finish this road ht to resume work in Arkansas, so as t ready for the Texas connections.
 The position of this road, making i,
 art of the Important through line from al he north and east, to all the south, west o he Mississippi, and across the continent dssingty s. Louis, not connecting wit Is business in any way, renders its con truction and management an object o istrust and disfavor in that city, givin. . Se very frequently to criticisms as severe
 tough nSt so unguarled as the last.
 The completion of the Mobile and Ohit
 sd to Columbus, concentrating there. ant
 nding forward over the Illinois Central
 travel and traffice of the south, and tn, 'athering, in of so many roads, with thei pormous business, at Memphis, in whicl kt. Louis has no share. enforce upon practi