Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-10-25
oUR RAILneAD SYSTEM.

During the past w years the people
OF Tennessee hsve advanced in Railway
enterprise to 81 extent that must, at 10
distant day, give her great prominence
among the more progressive States OF the
Union. The complete prostration Of all
our industries, and tbs want Of that ample
capital for all enterprises which before
the war was one Of our commercial fss-
tures-fOr a yesr after the surrender,
crippled our energies and restrained the
impatience Of cur psoplo bat, having in
great part overcome these obstacles, and
the greater thrust In cur way by a NAL
administration OF the governmental
affairs Of our State, we are again In the
advance, among The States where names
are linked, are indeed anonymous with
commercial progress. Il is true that
our present structures are not paying
such rates OF interest IS are likely
to encourage persons in OUTLAWS OF
capital in tbis direction, but a
knowledge of our resources, of cur
prospective emigration and the intro
duction Of capital, encourage our people
and cur well-iuf0rmed friends a. toe
North to believe that the day is not far
distant when Tennessee Railroad stock
will be smong the most pfoftabls and
important IN the Union. Il is no barrier
70 our Railroad growth that our coatin-
gent liabilities are veil nigh, If not quite. |
S3o,COO,OOo. That amount is fully secured
by railroad property worth s45 OOO. coo. |
The capitalists OF the North know what
our natural advantages are, and, go soon
as the present political campaign is over,
are prepared to coLne TO our assistance
rscuperste those OF our Roads that are
weak and assist in the construction Of
those now On the taps.
BESIDES the 14CO miles OF Railroad in
operation IN the State, we have 1900
miles In course Of construction, being
surveyed, or in course of organization
not including the Little Rock Railroad
which, although Ia another State. is
the result Of Tennessee enterprise
and Tennessee money. From Memphis
we have projected the Mississippi Valley
Railroad, to connect with the Paducah
road, 8 distance Of nearly 100 miles
the Selma road, go miles aad, connect
ing US with Mobile, we have the continu- !
alton Of the Mississippi and Tennessee
Railroad TO Meridian. fully 120 miles.
Then there is the great road from Knox
Vile TO Nashville direct, which will be a :
link 10 the Atlantic and Pacific line that A.,
is TO ave q terminus on the Atlantic, st q
Norfolk. Then there is the road from .
Chattanooga directly northward on the e
west side OF the Tennessee river, which ?
will connect at Dssrman's Gap with b
roads leading TO Cincinnati and Louis- 4
vile, and st Chattanooga with the Wills :
Valley road, which is to be ne J.
most direct route from the North % !,
Mobile and New Orleans. Cars are no. P
cunning on ths Wills Valley Road to !
Trenton, and the extension OF this thor G
oughfSre enthusiastically will be con- g
as soon IS the charter Of the road g
has been amended, as promised by the '
OF Alabama. The Ducktown 1
Road, connecting Cleveland with ..the {
mines Of Polk county, which now ;,
produce six thousand pounds 3 day OF 4
precipitated and smelted copper; and last. \
he road from Sneedyille to Etna PuF. 81