Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1867-09-07

We have seen letter from Mr.. Epper.
son, dated New York Aug. 10th, in which
no says that if he had evidences there Of
100000 acres land subscription to Stock
he could put the work on the Memphis &
Ell Paso into immediate movement. Dis.
cussing political affairs, he says his mind
is made up, that whatever the force of the
appeals Of Cows Perry and B. II. Hill, the
South had better accept Mt once, the propo-
sitions of Congress. We perceive that this
is the opinion of Col. Sweet, of the San
Antonio Herald, who is in New York, and
I can see from the mountain top, rs he
terms it, and says that the general voice
of intelligent people recommends, this
course. We have acted here almost unan-
imously; but as many did this Upon trust
and under our advisemcnt, we give them
these s7idcnces, that intelligent and relia-
BILE friends of the South, who are in the
North, and have chance, to observe, oil
the great focus of public sentiment; re-
commend the course we have recommend
cd
Since writing the above, we have been
shown late correspondence upon the Road
subject, containing the following informa'
ton =
"Col Epperson writes the railroad is O
certainty, if the people will furnish basis
of $4,000 acres of land, with clear title te
the road-that the company will pay IL
per cent in Cash, and balance in railroad
Stock, full paid) and If we can get ito
carry us over our present difficulties, il
will certainly build the road. myself
feel perfectly satisfied of it. The land
holders of jefferson, made up yesterday
evening 10000 acres, with clear title to thu
company in half an hour after Col. Epper
sons letter arrived. See what Red Rivel
will do.-The great difficulty Col. Epper
son and myself, have met with in oil ouI
negotiations for money, TO build the road
and save the charter, has been the lin .fuiu
or condition Of the companies title to the
lands, as granted by the State, and ihdivid
uals.-Let the land holders come forwart
and sell their lands or such portion as the,
can spare, and the road is fixed fact. 1
is the universal opinion Mt the North tina
our road is certain 10 get subsidy. Blu
the time Of the Charter is moving on us
and we must raise money to comply with
| its requirements"
Col. Epperson says General Fremon
1 Just this momennt tells me he is about 3
/ sell OU,UUU acres OF our suOscfiOtu ihnur
at SIS per acre, to an emigrating company
| but the trouble lie, as informed him, W
have not titles to the lands. Gen. F. say
we must get them, that the people must lie
us have the titles to this amount anyhow
The salvation and success Of the road de
ponds on IL, and ten per cent we can affor'
TO pay in cash, and the balance in Stock.
Our readers see the situation-will the
act2 1t is a plain proposition-subscrib
the lands-get ten per cent Of the value
perfect the title, so that they can be re-sold
and company stands ready to buy iher
for Cash, which cash goes to the insmedial
construction Of the Road. What say you
Red River has done little or nothing on III
Land basis Does IL want a road2 If
does, will IL subscribe some land, now {
little value, for Stock in n running road
and thereby improve the value Of the re.
Of the land7 We are not going 10 beg any
body-or persuade anybody. We have n
land in Red River County or near ii.-BT
we think those who have good deal Of j
would do very well 10 Subscribe come Of j
and increase the value Of the remainder
not merely by the immediate cOnsiruetiO
Of the road. but BY fheintroiaeiions Of n
emiCrants to whom the land is 70 be sol
. - CIutsfi1e Standard