The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1874-08-07
The Texas aud Pacific Eeilroad.

The Texas aud Pacific Railroad.
Sss ori.-u. rnnss
The -. Louis Times. OF the 23d ins,.
declarc- II 10 isc notorions that the Pa
cisic Road. Treated while tie Southern
States were unEeprs-ented in Congress.
was designed 20 scctiona.ly operate
against the i8tercrests of The -. Louis.
Cincinnati Fiti-burr. Philadelphia. Bal
timOrc- Washington. aud almost ail the
States and cities south ot the Lake Shore
line. The cities named have therefore.
a special interest in securing the speedy
completion of the Texas aud Pacific
Railway. with which -. Louis can form
AN advantageous connection through the
-. Louis and Iron Mountain ami the
Atlantic and Pacific roads.
Our II. Louis namesakc proceeds TO
discourse a, follows in ihis maitcr:
The United States Government some
years ago granted 10 the Atlantic and
Pacific road lands 10 build road on the
35th parallel OF latitude To the Pacific
Ocean. aud although great efforts have
been made 10 accomplish the raising Of
means 20 build the road based upon
these lands they have been unsuccessful.
The Texas and Pacific road had a grant
OF lands. and have built some sArce hum
drcd miles Of road and have one hundred
aud iiify miles more ready for the iron.
and hoped 70 sell bonds based upon their
land grant and completed road 10 secure
the means 10 complete their road 10 the
Pacific ocean. But whilst their Presi-
dent Col. Thomas a. scott. WAS In En-
rope. and on the verzc Of sGcccssfuI sale
of bonds. the financial panic OF our coun-
try came on destroying all hope or a sale
of bonds In this condition OF affairs
the Atlantic and Pacific road from our
city agrees 10 surrender a large part of
its grant Of lands. and NJ about the l02d
parallel Of longitude unite with the Tex
a. and Pacific road and form one line.
Ii j. believed ~ these companies that n
the Government vii! agree TO become
responsible for the interest on their
bonds NJ the rate Of five per cent. for
SSs.WO per mile. the bonds can be sold
aud IT, road rapidly built. Wrhou.
-5mc sreh rriicfi il Is declared our whole
country must submit, for an Indefinite
lpcriof. 10 Tire OmssIa Pacific monopoly.
~nhseTvir@ specially A sectional Interest
OF the country ami ostcH ia winter -lock
lnsled with snnws.
ASiar rum the question nf ihc equity
iani im-fice III the south and Southwest
ern States tor ihc spce'icst possible
huilding of thc Texas aud Pacific road.
fhe Whole country i deeply interested
in having competing line which wili
reduce rates aui secure hrtter acrommO-
d-iioM tp tae public. The difference ih
r7ie- nm ireizits anG passage hy the
building OK another Paciisc road. il j.
cuuitnie. would pav back annually 10
tile cuuHary tuf interest on the bonds
required 10 bui.i 81. A. we understand.
.i.c parties WAo are hIillirg this road
a--ere ip -lve a their .aud~ ard All tlieir
rp-a ie ure rar Government iu it, en-
dof-rnrnt ~ pas the interest The
company does mfi ask the guarantee oi
the rliHeirsl. hpt only tire interest on
iitcir numl, at the rate o. Ss5.OOU per
mile.
S; Louis j. now in connection with
Z the three hundred miles OF the Texas
and Pacific railway cpmnlPted. by the
81. Louis and Iron Mountain and the
Atlantic and Pacific railroads. ans' every
mile OF ihc Texas and Pacific road that
may hc huilf must add greatly 10 the
i,l>ine>s oi these and an southern rail-
WAYS aua % the business of 1t. Ioui.
land Southern cities generally. A. il l.
nnw. person residing in the South ha,
Ito travs. nearly the distance to Calitor.
MIA before hc reaches Omaha. the start.
ing point. -ubjecting all travel and
freight south 81 u~ wniug To or coming
from California 70 most unjust tax. by
reason of the sectional location OF th,
\ omaha road.
4 Though written from e. louis stand
point of observation. New % lean.
heartily Joins in the recommendation
made. congressional generosity. as wei
- iustirc. demands that somethn.
should be done for the South in thi,
matter of Pacific railways What j
asked j. bn' frifle. compared with III,
aid 20 literally extended 10 the North
: ern enterprises ofa similar character.
guarantee of interest i an that j. nscdc,
TO give the South IL greatly needed ron
mcciion with the golden shores OF th
Pacific.