Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1866-07-14

Tho fegiisiafe Il $500 70 meet ahi NE
question which involves. more iian auy
Other Inc Interests N ME section NJ ilie
state h 0ial Ut railroads AZ usual, We
may tSreoi the aileniance of many repre-.
seniallvel Of iho numerous chart ~ hero.
iof5re granted, asking renewals and other
privileges and fayofs.
II H. said that the Central Rail Road has
forfeited ils charter and that Il will not
only ask IL renewal bat an additional land
bonus upon which to borrow money to eS'
tend The road. Heretofore The extreme de-
sire Of tho Legislature to have railroads
built has prcdlsposed II to regard with ia
,or every plausible scheme presented and
from session TO session TO graft renewals,
aud by every means to foster these enter
prises. This extreme desire has had the
very opposite OBJECT of that intended, and
we now realize the fact that the less they
do the more they ask,
The time has fully come, when these
chartered companies should be taught that
Cor the privileges granted, the country has
n right and win demand corresponding
benefits Seeing then tho failure of ex-
treme lenicncy and the most liberal grants,
II IL wisdom to try nm opposite regime
Let no company be chartered unless 1t be
firmly bound 10 progress with the road up
to its possible ability, and let every failure
10 comp y, work the forfeiture of the char
ter.
The Central Rail Road Company not
only does not meet the public expectations
in its progress, but it, may be, stands in the
way Of the formation Of company that
would push through the road The fact is,
that perhaps as few as q half dozen gentle
men have been able to hold on 10 their
stock, and now own the road at less than n
moiety of its cost, and they intend no one
shall share the benefits Of their monopoly.
For il is popular belief that they have
had the offer Of aid from capitalists if they
would let them in upon fair terms, but they
declined, because they had too good thing
to divide with others, or to raise the means
of extension, upon every scheme thatwould
impair their present advantages. The peo-
pie must, therefore wait upon their snail's
pace, upon the building of the road out of
their limited MEANS because any other plan
is incompatible with the monopoly they
hold.
The Legislature doubtless will be asked
for heavy land bonus; in other words if
the legislature will give them as much land
as will pay the cost of extension, then they
will, as matter of grace, build the road
as suits tn cir convenience.
The State would not be loser if it were to
build the road and then turn it over to
company that would faithfully fulfill its
obligations to the country. This might be
shown to be true by the enhancement of
the taxable property of the country Lands
that could now be bought for from one to
two dollars per acre, would be worth in five
years from ten to thirty dollars. Indeed
there is no reason why lands in the grain
region Of the State should not be worth,
with railroad complete, as much as they
are in any portion of the United States,
while there are many that would enforce
the belief that they would reach a higher
value. Briefly, the early harvest and con-
sequent command of the markets, the su-
periority of the -four for shipment, the
mildness of the climate AMI shorness of
the winter, rendering it cheaper to keep
stock during the cold months, are all in ia
vor of higher priced lands here than in
any of the Northwestern States.
The completion of road from the Gulf
through the wheat region, is question of
such magnitude, that it dwarfs all others
into insignfcance. 1t is to be hoped that
our representatives will realize its import
ance and act accordingly.
PUBLIUS.