New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-02-16
The New Orleans Times and The !.Oais-
lana Central galway.

lana Geptrab 6a!"ag.
EDIYoR REPUBLICAN:
mus. cav tha. ! am Sratitied az she az
of .he article IN The FRIDAY MOTH
ing Yimes against ths passage OF she char
.er uf the Louisiana Contra Railway Com
plny. iUr IL enable. me 10 state some facts
pubticlr which l ToulI not have prblish"d
bit fer the attack in that paper. From the
;ip., our charter was presented 20 the Leg
i.l4,ure M 10 the present moment, it has
been opposed by the New Orleans. Baton
Rorop and VIcksburg Railroad Company
, conpaDy which, With the lndOrsemenc of
the State for millions, was chartered three
wears age: ,ha, has since received from the
Government; OF the UDItcd States q large
lane. grant. but which has never bu;lt one
FOO, Of road and which ro one now, except
the editor Of :he I.MGs. 0eiIeves ever NJ:
BE huii:.
Til. If chatter is for road on Tie east ct
:he Iississ.npi river. aEG their land gran:
or IN. west. To remedy this trouble, they
"ot .lutd an amendment 20 their charter,
which Governor Warno'h carried II his
pock,t and did no, 81 ~ for year. and nn.
iii after he was under impeachment, and II
is believed hv mea veEsed IN matters OF
th,s nature that the "Inon0Inent l5 lnOpera-
tive Bat, be this As = may, Why. would
ask has the ruaG-wc "!lI not say been
ballt--but why has !: not oeeB commenced
and Why this delay : Some three Years
aud over have elapsed .lnce the charter
wa. granted. and vet no road ha. been c W
structed. o: even commenced During the
mast year every effort has been made bS
Mr.. GAYLORD. Of Wall street. New York, {"
dispOse Of tbs charter. not only 10 Captain
Ward. but to the New Orleans. Mobile and
Texas Railroad Company. 10 Colonel
Thomas Scott. Of the Southern Pacific road.
and Others. The fact il, this charter and
It's subsidy has been ID market tOr the last
wear. and has been offered 80 Captain Ward.
10 nv personal knowledge. by Mr.. Gaylord,
by Senator PomerOy, Flanagan and others.
and their opposition to-day Crews out OF
III. tact THAI by defeating the Central char
ter. now pending IL the Legislature, they
vii! thereby be enabled 20 drive a better
bargain with Ward than they can il we are
successful in obtaining an act Of lncOrpOr
aton. But we contend that i! is in bad
taste for the Backbone road or any other
road to oppose the granting OF charters, and
the policy 20 day. the true policy OF the
State, is 10 grant charters tc everybody 20
build reads everyU here in the Stat.
Why is the business of New Orleans at
snch \ low ebb! Is it not because you are
without railroad facitIti-s And instead
OF opposing the granting Of charters, il is
the duty OF the citizens OF the State. where
ever located. 30 promote by every means in
their power. internal improvements. What
would Chicago he to-day did she pursue the
same policy advocated by the Times OF
Friday morning and what makes Michi-
gan occupy so commanding position az
She does, but the attention she has given 20
developing her resource. by placing upon
her statute books a general railroad law.
There. We co not ask for special acts of in
S,r1-
comply with the provisions already enacted,
and the result is. railroads are built. and
are being built all over the State.
But 20 return. 1t is ssk"i in the article
alluded to
|. What are the connection. between the
proposed Central rai road and the New Or
.eans. Mobile and Texas railroad
In reply We ansWer. we are under con
tract with that company "a prorate with
ttem from Shreveport 10 NV Orleans, and
20 build the road in two years and halt
from the passage OF the act OF Incorporation.
and We will also state that they do not own
on. dollar of stock in the Central Railway
Company. directly or Indirectly.
= VIII the proposed charter OF the Cen
tral road interfere with, or prevent the CON
struction of the branch line of the New Or
leans, Mobile and Texas road from termll-
icnville 10 Shreveport
Answer-lt will not. IA nothing Is said
upon the subject in our charter, but an
agreement with the cumpanv, now in nv
nussession will "A they stimulate in that
agreement not 70 build any road north OF
their main trunk, nor east OF the Sabine
river, thereby surrendering up to Captain
Ward and associates that territory.
3sWill it effect the value of the stock,
taken by the State. in the New Orleans. Mo.
hi Ia Il
Answer-it will. very materially and
very oenetici&Ly. 10: a.! Ike tra1ti4 OF
the Central. running from ShIeVepoT,
Through the Ret river valley. Will
be caIrled from erlrIiI0nYlilP, 'IU
mllesl. into New Orleans, Oy the New Or
leans. Mobile and Texas Ra.road Company,
thereby increasing the tu+lLess on the'r
road and materially ltnrrovlng the value oi
the st@ck OF she Ne" Orleans. Moo!ie anu
IeEat railroad.
!. Il :he s2.'u0,1UO stock taken bJ The
stat" III the lnalE :oad OF III Tie Shreveport
branch ;:
Answer-1t is taken in the main line from
Mobile to Houston. and not in the Shreve.
por, branch. And. allow ne 10 say. also
that the company. after the completion OF
their rUaC; 10 Houston. will be the sufferer
by the transaction instead of the state, and
i. you wouId like to test IT.. quesiio try
and get our stock. or stock IL the Central.
il exchange for Louisiana State bends. and
you will learn some facts il. I..&tion to their
relative valae.
Again. I stated ah,va,hat ;i.. Texas road
did not o.na dollar sol. ~ .r,e Louisiana
Ceutral Rlilyyav rnu,r., md far
that reason. and ,hat line. the
stool, sold 70 tha S+a+a nv ~ amy
individual does nor .mbran. tho hranrh
Ruf # the Nv Orlaa,, unhl, md Te,as