The south-western. [volume] (Shreveport, La.) 1852-1870, 1870-01-05

spotted The might be stopped ii the coat is put
in Mr. Hervey's hands, of Messrs. Heryey, Listener
Warren
THE MEMPHIS, ELPAso AND PACIFIC RAILROAD Con-,
PANY.-" Erol," correspondent of the Louisville
Courier Journal, under date of the Oath ult, gives
the following account of the Memphis, Ell Paso and
Pacific railroad
The company was incorporated prior to the war by
the Legislature of the State of Texas with liberal
donations of land and moneyed assistance from the
State and its line located through rich section of
country its charter subject to certain limitations and
restrictions. Prior to the it presented its claim
for sections of land to the mile representing had
graded ready for the supersrucure sixty miles of the
road By the assistance of the then governor these
lands would have passed into the possession of the
pany, had it not been for the commissioner of the
land Office, who refused to issue the patents therefor
on the ground that of the grading had been
completed. An examination revealed the fact that
the socalled grading consisted of some hadozen fur
by pows for the distance claimed. The
road remained in this condition till the end of the war;
the officers of the road maintaining that their charter
and franchise intact and fully secured but during
the session of the State Convention they had decara-
ton introduced, providing that the years of the
should not be counted against the company as affect
ing its charter. This referred to the Committee
of Internal Improvement. This committee laid the
matter before the Attorney General of the State who
reported that the Memphis Ell Paso and Pacific Rail-
road Company had forfeited its charter and had no
legal status whatever in the State of Texas vhereupon
the convention declared against the relief asked and
threw open the reserved lands of the company To-
cation and sale
This, then, is the condition of the company which
went to France and, according to the statements of
its directors, two of which alike, raised in
cash and had to their credit in bank from three to
thirteen millions of dollars in gold-a road without
nha rIafrnl ptaf thnnf ila h,i1fo
running and under the management of Gen. Fremont.
Fremont did go to France and whilst there made rep
reservations which, if true, would have entitled him
to credit; but, unfortunately, Minister Washburne ex-
posed the fraud and pricked the bubble.
Gen. Fremont publicly advertised, and l have now
before me the Monde 1llustre of the 18th of May,
1869, in which it is asserted that the bonds of the
Memphis, Ell Paso and Pacific Railroad Company were
Endorsed by the Government of the United States The
matter referred Minister Washburne to our gov
eminent, and the answer given that the govern
ment had mo knowledge of any such corporation"
This clear ofan attempt to obtain money
under false pretences
And yet to-day this company is issuing its stock all
through the United States thick as leaves in Vallam
brosa," and without any value whatever. The corpo-
ration has yet legal status whatever In the State
of Texas, l have shown, the Attorney General of
the State has declared against it. and certes that the
company has no legal status and as yet no act has
passed Congress giving local babtation and a
name"
Whatever work has been done in Texas has been
done under another charter and different name.
publicly assert here that their stock has value
that the whole matter is fraud, and that the whole
heneft to be derived from the same is by favored
few who like General Fremont, afford to board at
the Arlington House and pay $4,000 per annum for
the same
And would further state that the name of the wr
ter of this is at the service of any interested in the
same-that he is of property, and challenges
any contradiction of the facts asserted that all the
statements made susceptible of proof and will be
laid in due time, before the Congress of the United
States. ERoL
COMMERCE OF THE WoRLD-France exports wine
brandes, silks, fancy articles furniture ewelry clocks
watches, paper perlumery, and fancy goods generally
Italy exports corn, oil, fax, wines, essences, dye
stutts, drugs, fine marble, soap, paintings, engravngs
mosacs and salt.
Prussia exports linens, woolens, zinc, articles of
iron, copper and brass indigo wax hams musical in
strumfnts, tobacco wine and proclaim.
Germany exports wool, wooden goods, linen, rags,
corn, timber, iron, lead TIM fax hemp wine, wax tai
low and CATTLE
Austria exports mineral, and manufactured silk
thread, glass, wax, tar, nutgall, wine honey, and
mathematical instruments
England exports cottons woolens, glass; hardware,
earthenware, cutlery, iron, metallic wares salt coal
watches, tin, silks and linens.
Russia exports taow fax, hemp, -four, iron, copper,
nseed, lard hides, wax, duck cordage brises, urs,
potash and tar.
Spain exports wine, brandy, oil, fresh and dried
fruits, quicksilver, sulphur salt cork saffron ancho-
vies, silks and woolens
China exports tea, rhubarb, musk, ginger, borax,
zinc, silks, cassia figree work. ivory lacquered
ware and proceian
Turkey exports coffee, opium, silks, drugs, gums,
dried fruits, tobacco, wines, camels hair, carpets,
shawls camlets and morocco
Hindoostan exports gold and silver cochineal indigo
sarsapara, vanilla, jalap, fustic, Campeachy wood,
pimento drugs and dye stutfs.