The south-western. [volume] (Shreveport, La.) 1852-1870, 1869-10-13
The Memphis, Ell passo and Southern Pacific

RAILROADS. -
just read in the Jimplecute of the 9th inst,
Interesting letter from Capt Daniel the intelligent
and efficient engineer Of that great enterprise He
presents proposition by which all landholders on the
route able to aid in the construction Of the road
and one which, it seems TO US, might be successfully
employed BY the Southern Pacific Company. We give
it below.
We are not behind the scenes and cannot explain the
why the directors Of these two roads approach
each other as Emerson would have his gentlemen do
every morning, as if they came from different cont
nents The earliest practicable junction OF these two
routes and concentration of the influence, enterprise
and capital of both upon single trunk line westward
to meet the road from San Diego on the Pacific has
always appeared usa necessity We cannot be made
to believe is in the contemplation Of either company
to build separate or two roads, to the Pacific. They
must know they should and will be compelled to unite
Then why postpone this union Why treat each other
Emerson would have his gentlemen, with their fine
courtesy, do every mornipgs Why not, on the other
hand act like practical sensible, railroad menmeei
and agree upon point of intersection, and use all
their united power and influence to build grand trunk
and 60 before Congress with all the strength of an
harmonised union, and ask TOR Congressional subsidy
If they will do this, we believe they can succeed
without this harmony they merely local enterprises
to be carried on without national aid We should like
to put these questions directly to Capt Daniel to Gen.
Throckmorto and to the present directors of the
Southern Pacific Company, and indeed to all stock
holders and subscribers Of either road, for would
like an to crafty our curiosity merely but
to enable to lend influence, be it great small,
in the removal of any difficulties in the way. Com
mercia conventions may recommend union, public
interests may demand il, but stumbling blocks may
exist in unfounded jealousies Where arc they? and
whose door shall they be laid? We wish an answer
The proposition presented yon secures you against
loss and cannot result otherwise than to your gain The
railroad company asks you to sign title bond in which
you agree to make good and sufficient deed of CON
veyance Of portion Of these surplus lands upon their
completing this road to designated point m specified
time. This same agreement appoints trustee, with
tul powers from the land owner, to make such good
and sufficient deed and receive for the the full
paid worcestershire stock Of the company upon their
compliance with the foregoing terms In case Of death
inability of such trustee to act then the Sheriff of
the county shall act in his place.
The basis Of the value Of these lands shall be that Of
the tax assessment of 1861 and where such assessment
shall have been rendered below their present actual
cash value it shall be agreed upon between the parties
BY referees the railroad company further STIMULATING
pay all taxes from the date of these agreements with
hem You viii thus obtain the actual cash valuation
for that portion of your lands sold in the full paid stock
Of running railroad which is always worth its value
md in the case of the Pacific road just completed worth
$50 per cent on each share of hundred delars
ginal value, and that, too, while running through
country blocked up with SHOWS for four months in
each year. and very large portion Of its leagth
n any way any time susceptible Of agriculture.
There is reason, then, why the stock of the Mem
'hs, Ell Paso and Pacific railroad should be quite
valuable, passing it does the richest soil and
through the most delightful climate in North America