The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1874-12-17
Shsnaaloah Valley aaa Texas Paaias Raj.
raa1s


Valley aaa Texas Paaias Raj.
rsa1s.
The anno,i scemcnt is ma lie that the iiisac-
ton tsshihi.ing i meeting OF the Directors Of
the Shenandoah Valley Railr'sl Company |
and the contractors from sorkaS |
on the improvements gotten cat by par
ties in the county of Clarke, has been dissolved
The adjustment effected by the decision OF
Judge 2sr Ter, it is stated. satisfied ali parties
and steps have already been taken f6i Il NEE !
ting of the Directors. with vie" to the re-
sumption of the work Oil the Improvements
We hope this is so. We regard the Shcnal-
doah Valley Railroad as one OF the most n-
portant enterprises ever .inaugnratcd for tt
Valley Virginia, not only because OF the local
signitica ice Of the work, developing one OF the
richest mineral and agricultural portions OF
Virginia, but by reason of its prominent rela-
zion to the great continental improvement
known rs the Southern CT Texas Pacific Kali
road, Oh the 32l parallel. 1t will constitute
one of the main links in. tn; proposed conncc-
ton OF Tie Pacific slope at San Diego, Cali
thus bring Virginia i'll direct communication
with the t.afic and travel Of the contiuent- 1t
il admitted by all impartial minds that the
geographical location of the Texas Pacific road
will command for it the bulk of the Pacific
trade because of its freedom from tho obstrllc-
sious in winter, incident to the SHOWS which
prevail OH the northern Pacific route.
prnce,,fa1 hC (i0l
Thomas Az Scott, asking the government to
guarantee the interest Oh s70,0, 0,000 sets forth
nerspicuously the advantages of tie improve
.nent proposed. We give below the argument
presented, which will doubtless attract the at
tentiot of all sections and command the favor
able consideration Of Congress.
Without entering into as elaborate discussion
sH the salatary effect that must result from the
favorable acAieM Of Congress upon this propo-
sition, it is apparent to every rejecting mind
that the sectssities of the country demand that
the eseat public enterprises Which look to the
<ietcIopmcn: OF the material resources and as
II consequence t.e employment of the idle la
tor, shall be encouraged. The pro tration Of
the industries, caused by the financial revolu-
through WHICH ptsSCets
only find remedy in the institution and pres
ecution of national improvement sof the char
ter that attaches to the Southern Pacific Rail-
road. 1t is .ally in this manner that a healthy
s,antEitien OF the labor Of the country can be
secured. and for this reason we favor the petit
tion presented by Mr.. Scott and Mr.. Pierce.
T'hey say Southern trunk line Of railroad to
the Pacific is j necessity, and its construction
shoalA dc Sassred by the government as 2 prac-
teal nsealss OF settling the Iedian question and
.eilxhiRy it's sast territories to be safely inhab
tied and developed. The completion of this
line would, it is cla med, enable the govern
.mcnt to move troops clieal}lv and rapidly, dis
a,ease with probably three-fourths of these es
corts employed in Texas and the Southern Ter
l.itories, and thus release the government OF n,
expenditure amounting to millions of dollar:
YEARS., and it Notlu moreover be OF immense
:xdaalhage te tie natien -'hy bringing into mar
: Eet hundreds ot millions OF acres Of good lant
which are nov dead property to the Unitct
States by adding millions of population tx
the present number of producers and tax-pay
4xx of the country3 by more than doubling, or
indeed indefinitely increasing the annual yielt
of precious metals in the United States; BY
vast increase in orr revenues to be derived
from import:Z lions from Asiatic count les; by
the general stimulus OF production, inanlfac
rures and trade in all the States east of the
Mississsxaai to supply the wants ct the settlers
in the near regions to be traversed by The road
and by all that diversified good, in the pursuit.
of which, England, France, Belgium, Holland
Russia and Austria have spent, such erroheou:
gums of money, pledged without stint to tei
public credit, and found their reward IN the
scontrel of'the commerce ;@neltrade OF the world.
1t is further argued THAT the construction O
this open highway ulobstructcd by SHOWS dn
sing the entire year, across the continent
would prove to be practical measure OF re-
construction for the South, and that the in
creased yield Of cotton and tobacco from the
newly-deyeloped country would swell the val
me OF our exports, and thus aid materially in
ithe retention of our gold and silver for home
ejaculation, The memOralsts assert it is con-
7Hlusiyely estal G5hed that the saving to trans
portation alone of government supplies has
averaged two Thousand dollars per annnln- 10
every mile OF Pacific railroads heretofore bnilt,
and call attentieM tie the fact that the entire
xHaount Of interest which the government is
asked to guarantee in order to secure the coil
Struction of this southern line is l,750 per
mile per annum. No guaranty of the princi-
pal OF the bonds is solicited, and as cFrity
Sor the guaranty of the interest on the bo ntls
fhe Government is to have a first mortgage OH
aal the property, franchise and net earnings saf
the railroad; the entire proceeds Of sales Of
lands heretofore granted by the United States
w tnc tWo CoIt1EstIilcS, n leStuFdllOl 10 tA1
Government of about 800 $1,000 acres Of land
heretofore granted and reserved to aid the con-
+truction of the two lines to the Pacific some
,tiftceh hundred miles of<fiich are to be dspen-
-sed with antler the plan proposed; and the re-
tantien lin the United States Treasury of one
-aghti Of all tie bonds issued, to be sold by the
govesaMent;h at any time daring the construc-
ton the sale of lands, the government trans
portation, and the entire net earnings of the
road shall not prove sufficient to provide for
the interest guaranteed and the sinking fund
required. The memorialists say in conclusion
that they do not purpose to besiege Congress
by personal pressure and solicitation, but to
rely confidently OH the merits of the ease as
now presented
CONFEDERATE DaAD.-A numose of cor
federate soldiers We're killed i'll 1864 in the at
tack OF Gen. Early upon Fort Stevens, near
Washington city. They w:re buried on a
ssarm i'll the vicinity of the Fort On Tuesday
III last week their remains were gathered up
aaa rem oved to the graveyard. near Silver
Nnrir, yh