Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1868-10-17
OUR HOUSTON LETTER.
lInrsnaN. Otloher Z. ls6s

cirlly 0g the cotton crop, has rarely
+ been known, The corresponding
q dates Of 1867 and 1850 werc eharae-
. lerizod by heavy and long continued
a rains, All this adds Ia the prOspee,
tive erop ofcollon, which is pleasant
TO eOnicmI late 4 rceent financial
; article in a leading literary Journal
p in New York, argues that good
crop 10 u great public evil, IL takes
the ground that IL upsots Ialcula'
, lions, causes declining prices, ruins
manufacturers, bolhcrs merchants,
, aud il, an the whole, disappointing
Ia planters. LgrWs d H0H lWrrn.io
This paper is of the same kind that,
under tho Jay Cookery oil some
years ago, served up the famous dish
to the American people, that great
public debt MAS u national blcssingl
So easy is il 10 prove any given
thing from any sci of facts that may
he displayed, | suppose tho next
thing that will bc proved will DO
that specie payments will be curse
Ia the country, and that gold is of
no earthly use except Ia make watch
eases of, or 10 send to Europe for the
purchase of gcwgaws.
We will let the thing pass, and
advocate large crops, il possible
double in everything our present
prediction. We will take tho large
crops aud, il offered, the specie pay.
ments too, aud risk the calamity.
The recent order of Gen. Reynolds
prohibiting thc holding of elections
was not unexpected, though il was
hardy called for by tho circum.
stances, When il is remembered
that under the most favorable aus
pieces rarely ever have more than
thrcc.iillbS of the voters gone TO the
polls in this State, and then only
after Il most exciting canvass aud
tho personal appeals of local candi.
dates for votes, it will be seen how |
futile it was TO expect that enough |
voters would obey n call from II
party committee, unauthorized by |
any existing power in the State to
make tlcir vote any thing but ridic.
ulous as representing the State
Such vote would amount to no
more thar the vote of any other
asscmblagcs Of citizens. Hence the
order forbidding tho election was
hardly needed. 1t is, however, an
exercise Of power, thing military
commanders exhibit ponchant for
when they arc placed in charge of
civil affairs.
observe some Of the papers are
exercising themselves n good deal
about the action Of the Convention
in relation to the Central Railroad.
1t is said the action was purchased
by promise of Central Railroad
influence for Rad,talism. How
foolish this appears no one who
knows Mr. Baker, Tie President of
the road, need be to'd \ Stauncher
or more devoted Democrat il would
be hard to find, though hc does not
make it point to push his politics
in the face Of the public unless there
is some occasion for it. The truth
is, the action of the Convention
was an advantage to the road in en-
abling it to push its work forward
more rapidly. 1t was consequently
an advantage TO the State in making
it's debit 50 mm"h ~, mora ..cnpro
Or the character Of this security
need only say that it isl per cent.
in place Of 6 per cent. first mort (
gage Apon an uncompletcd road the
shares of capital stock in which
now commdnd seucnty,fr cents per
doildr in this market. As this
stock pay no dividends till the in {
tcrest on The bonds is paid, it will
be seen that Few letter railroad Sc s
curit''s ;.re TO be found in the Uni
tod states. Even the much talked of {
Erie does not rate as high in the {
New York market. Why this war s
tarc should be always waged against |
the Central Road is hard to see. 1t
comes for the most part from local i
preiudiccs or even narrower piqucs. /;
For the sake of the good public, | !
say, Swindells, let this Company i
alone till they get their road built, c
and if things don't go right we will I
all fight the managers till we get c
them Strengthened out. ,
And speaking of this, / am told /
that there is some prospect of a q
contract for fifty miles moro being s
put upon file between this and v
Christmas. SO inevitably does the U
giant work crawl along towards the f
granarg of Texas. You remember v
my dream about Dallas, last winter? q
Well, it is going TO be fulfilled one q
Of these days. am going there 7
by the railroad, and shall find a /
larger town than you have now "a 7
considerably larger town, with sew d
eral big hotels, a threc-story court I
house with Corinthian pillars, a
great many brick stores, theatre, i
ten churches, and anywhere from j
ten thousand upwards Of population. C
That dream was not SO vividly i'm C
pressed on my mind for nothing, o
and it didn't come from an overdose b
1f turkey either. {
Such a greedy set of peoI le as {
nave been in our cotton market ?
his season it would do you good Of I
TOu owned a thousand bales) TO see. S
A table of hundred samples is not a
more than a bite TO them, and no B
able is opened up but it is swept a
,ff like a morning cloud before the v
sun-or like anything else
hat goes before you think it win. 0
20 far, Houston has been the best e
market in ihc State this year Cot b
on has sold, with the exception Of d
! dull ten days awhile back. more a
-apidly and at better figures than b
Il any other point So long as a j
olcrable feeling is maintained in d
n Liverpool this will doubtless c