The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1874-11-26

-'---f-r
with total assessed value Of property
as mr lark 40 ~ VI aldiNplHla'
ihosi counties ars ail YnlnAbla ilrhf-
purposes, and tlwt nl lhful
"A % AMONG fhn most ipI'p nnd pu'
dl0liFu ~ llinstaiH. ihufa iunlHlnH
upnn ihe sabine, ana tnust lfius la-
ttpDi ihgi river aun iha international
read ahluud in lDrp.iaol valuable tlm
htli among which aia lpnu1 fAienrifH
{ Nels ol PINE unsurpassed hl Hnf it-
zion iu thp Nnlitl hIH.t-, .lua lim-
hol would furnish cluliuNl employ
mant 40 lhe rnli, pa u Wmll nrrll-
rpd in both dlecllpusi % sew Of-
leans Tor shipment, pnd 90 The pfilflrs
III the west lu supply lhn demand lpT
builiing and fencing
Fuurlh-ilh0 mutual benefit that
would result ~ New Orleans anu
Ia this section Ia the trade That would
spring up bglWpeh The iWn places
10 That pily we could Hhip tie prod
uots OF our iirldB aud the Yield pl our
mneH cotton, corni WHEAT potatoes
mineral ores, cattle, elpr Anl receive
in exchange therefOF coffee, sugar. mo-
asses, aud such articles Of lmpnTla'
tlon ns we now get from New YORK,
This we could aud would do hernuse ol
Inc low rate OF freight that this pro-
pOsed line would he able ~ give uA AH
compared with the present prevailing
lrelghta from New York,
A. 10 the prOspellaOf this road Icing
built, your committee are pleased W
say that the business men OF New Or
leans are seriously Ia earnest IN their
determination 10 connect their clly
with central reXas hy rail- They See
TINT ~ trade h Inclined a. 80 eAAl lhey
must go west 20 seek II, TINS earnest
ness of the business men N the llfsl
good step towards Success ANA WINE
New Orleans has the menna NJ her
command alone 10 build u ROAD 10
Dallas, " IN highly probable lllhl she
can ho assisted by the present owners
of the Mobile New Orleans and Texas
ruilrond recently sold for the hourlll OF
nrt moHgugo hondholdcrs, This
road was purchased by Fnnk NJ,
Ames, WllllwhOm We learn the people
of New Orleans are Ia Fympathy, bc
cnusp VI the immehse amount OF
money lac has heretofore loFt ON this
road, aud no doubt un advantageous
arrangement could tao made with MN
or with the PARTIES he represents. II
this could be effected N would give to
the proposed new rond II completed ne
ofacVenty.nvO miles 10 DonnldsOnVlllC,
and AN almost completed line To Ncrs
mlllIonVlllc, Not n great deal Of cash
money would then bc required 10 build
aud equip u road 10 the Sabine. From
the Sabine To Dillns there N II
line of road chartered known ~ the
Dallas, Palestine aud Southeastern
Texas rOnd. This road has already II
grant of sixteen sect ions of land to the
mile; hut M the state of Texas has
granted to foreign corporations twenty
sections 10 the mile, we feel confident
thnt the legislature will be ~ liberal
nj least 10 this line, u home enterprise,
W. IL has been to such foreign
corporations, and viii make an Nddl-
tional grant of four sections to the
mile.
As this road viii bc of immense
benefit TO the counties through which
| IL IL proposed to rum II, inuividunlSWill
aid literally IN its construction As 1t
il the idea of the business men Of New
Orleans that this roud shall be built
and managed exclusively 10y business
men, and not by syndicates and rings,
IL will seek aud Will secure the lriend-
ship and good viii OF the communities
through which II Will pass. Another
very important Item, and 0ncnot 10 he
overlooked, Is the fact that iron aud
other railroad material are now
very cheap that no railroads are
now heng built anywhere In the cOun-
try, and that hundreds of railroad con-
tractors are now lying idle, waiting for
the building ofrailroads 10 begin again,
They are maintaining their stock at
heavy expense, and would be glad to
undertake contracts ut very low rates
to avoid the drain upon their resources
while idle. Instead, therefore, of de-
manding all cash for work done, they
would he glad to go TO work for part
cash, the balance payable in bonds OF
the road.
In conclusion, your committee are
gratified to state they met with mucl
more encouragement in New Orleans
than they We're prepared to expect
and are satisfied that, at an early day
railroad will be built from New Or
leans to Texas and to Dallas. We can
not refrain from expressing our crate
full acknowledgements for the Kind ant
cordial treatment we received from tht
gentlemen of New Orleans who are in
terested in the proposed road, The
proverbal hospitality of that grand oil,
city was fully exempIitied in the treat
ment of your committee. All ofwhcl
is respectfully submitted.
y. j. ADAMS,
X. V. TOMPKlNS,
DAVIS