The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1868-07-10
From the Athens (Geo.) Watehman.
Airline Railroad,

by the 1ollowlng which we copy from
the Chronicle and Sentinel, it will be seen
that bill has been introduced in the
United States Senate, proposing to aid in
the construction of the Airline Railroad
1t may be as the Chronicle surmises, q
Radical trick 10 strengthen the Radical
party in Goorgia-and, indeed, the source
from whence it comes, as well as its ref
erence to the committee on the Pacific
Railroad, would seem to indicate that it
is-but, if Georgia can ever get represen-
tation again in the balls of Congress, that
body can be induced to show it's hand in
the matter, as ler representatives will, of
course, press the consideration of the SUBJ
ject upon its attention:
An IMPORTANT RAILROAD BILL IN THE
SENArE.-ln the Senate, on Thursday,
Mr.. Pomeroy presented chill for com
pleting a direct continuous line Of railroad
from Washington to Mobile and other
points south, and creating post route
from Washington to Mobile and New Or
leans, thereby securing more certain,
speedy and economical transportation Of
the United States mails. military stores
and munitions of war. The first section
is rs follows:
That there .bo and hereby is granted to
the Georgia and South Carolina Air Line
Railroad Company bonds of the United
States to the amount of six millions of
dollars 10 aid in the construction Of the
road Of said company between Atlanta,
Georgia and Charlotte. North Carolina,
or such other terminus as may be deter
mined by the management OF said COM
pany; and to the Alexandria and Freder-
icksburg Railroad Company bonds of the
United States to the amount Of one million
of dollars to aid in the completion Of its
road from Alexandria, Virginia, to point
of junction with the Richmond, Frcder-
icksbnrg and Potomac Railroad at or
near the city of Fredericksburg, Virginia,
said bonds to mature in thirty years from
their date, bearing interest at six per
centum per annum, payable semi-annually
i'll the city Of New York.
The aecond section provides that the
said companies, before receiving these
bonds, shall execute their own first mort
gaye to All equal amount. and no more, Of
the Cnited States bonds granted them to
mature in thirty years, with interest at
six per cont. per annum, payable semi
annually in New York, said bonds to he
secured by deed Of trust to two trustees
of each road, one of whom shall be ap-
pointed by the Secretary of the Treasury
and the other by the company said deeds
of trust to be approved by the Attorney
General. and to vest valid first lien in
the United States rs security for the
bonds.
The third section provides that tie cost
of said roads over and above the amount
of United States bonds granted shall be
provided by said companies ). and that
when twenty miles Of either road shall
have been properly constructed, the Sec
retary of the Treasury shall deliver such
portion of bonds rs the distance of twenty
miles will bear to the whole length of
each road respectively, and shall receive
from said companies Il like amount OF
their first mortgage bonds.
The fourth section provides that the
Georgia and South Carolina Air Line
Railroad Company shall complete their
line of road from Charlotte to Atlanta
within three years from the passage OF
this act; and the said Alexandria and
Fredericksburg Railway Company shall
complete its line of road within eighteen
months from the passage of this act, and
if not so completed the said roads, or
either Of them, shall stand forfeited to
the United States, to be disposed of as
Congress may direct; and also provides
for the payment Of interest on the bonds.
&c,
Thief fth section provides for tho pay
ment of interest, forfeiture in case Of non
payment, &c, and the sixth section pro-
vidcs that tho said Georgia and South
Carolina Air Line Railroad. and the said
Alexandria and Fredericksburg railway,
when completed. together with the Rich
mond, Fredericksburg. end Potomac rail
road the Piedmont railroad, the North
Carolina railroad, tho AtIant! and West
Point railroad tho West Point and Mont
gomcrv and Mobile railroad, and the
Washington. Alcxandria and Georgetown
fnlIroad, Slili oc i SeIiciai 'ool iou.e anu
military road from Washington city to
Mobile
The bill was referred to the Committee
on tho Pacific Railroad.
This road will be of great value to the
public, though its influence upon the gen.
eral railroad system of the State will be
decidedly injurious. Its effects upon tho
trade and commercial prosperity OF Au-
gusla, aud upon the traffic and travel OF
the Georgia Railroad, can bo ncntralized
by the completion Of the Columbia and
Augusta. and Augusta ana Macon. Rcnas.
and the prompt and energetic inau=ura-
tio, ot i. Northeastern railroad project.
1.-the people Of Augusta are not too
torn;d to be moved with anything but
W. l -. :,