, 1874-12-11

ciples for projudicos. It provides common
basis for tho establishment Of parties, and
presents 1.-Two Issues for consideration. If tho
whites accept it, peace and order arc possible
in tho South. If it is not accepted, and tho
negroes arc compelled to keep on the color
line, peace and order nro not possible in tho
South, md Executive Interference must bo
mndo to preserve the South from nnnrchy.
Tho proclamation is manly ono, md do
serves manly recognition.
--.-...---.....-
A BILL FOR THE RELIEF OF TOM SCOTT.
On Wednesday thero was introduced into
tho Senate aud House Of Representatives at
Washington bill which may DO appropri-
ntoly styled bill for the relief of Col Tom
SCorT mud his associate spectators. This
bill has beon in print for several months, and
copies hnva beon sent conndontinlly" to
every Congressman, and every person sup
posed to exercise any " influence ;" with Con-
gresslnen, that both Houses Of Congress
upon meeting might be prepared to net upon
it promptly and favorably. This bill re-
| cites
That the Texas & Pacific Railway Com
pany has grant of lind to construct rnil-
way 1rom M@rsnall IN Icsos, a'ong the
tMrty-secona parallel to san Diego IN Cali
1ofula, anu has constructed thefeof 52o miles,
tho western point feacheu belhg Fort WORTH
in Texas and that tile Atlantic j. Pacific
Railway Company has n grant Of land to con-
stra1ct railway from Springfield, in Missouri,
aiong the thlrty-hfth parallel to tue Pac'hc'
and has constructed thereof 10 miles, reaci-
ing to V'nlta' IN tho 1ndlan territory Iho
ol!l thon PROVIDES
mat tue Iexas d Pacihc Rll"ay shaL ul-
rect lt8 l1no northwaraly' and tue Atlantic 4
faclno halfway snall alreet It's llno 10 tue
south, until the two lines shall unite on the
lo.d aegfoe or lohglshao' ana thence sncre
shall bo but ono line to san Diego, with an
extension to san FRANCISCO. Iho distances
OF the TWO foads aroln tnelr presons western
termn1 to the point OF Junction IL probably
about so0 miles, and thence to SIM Diego and
san Francisco is about 1000 miles, making
m aggregate OF 2, 500 n'ilos to bo constructed.
Iho bill provides Tint, upon tho completion
Of each 20 miles of this railway, tho Secretary
OF tho Treasury shall anttorse, in the name OF
tho United States upon bonds Issued BY tl!oso
Companies, guarantee 9f Interest ut the rate
OF per centum per annum i'll gold coin, pay-
ablo IN april aud October OF each yoar, and
this guarantee shall be on the faith of first
mortgage by these Companies Of the rnilroads,
the bonds SO guaranteed to be at the rate
Of Sio,000 per mile. Estimating the
length Of the consolidated roads at $500
miles, tho amount Of bonds to be guaranteed
| 1nEt 4 I1Hl. {1fltl. thu nnnIal jntnrhEt
which will amount to s5,55o, 900, and, MS tho
bonds aro to run forty years, the United
States will have paia as interest on them the
snug sum Of s220, ooo,00D.
This is the s1lul and substance of the bill
introduced simultaneously in both Houses Of
Congress, mud in support Of which Senators
and members OF Congress have boen indus
triously cauvassed and olectioneered with
during tho past summer. As two-thirds Of
tile present members Of the House of Repre-
| Eentativos have not been reelected, it is OK
poctctl that having no further political hopes,
for time at loast, largo portion OF these
will vote for this enormous and most bare-
faced raid upon the National Treasury and
credit. Those two Companies have already
grants Of land equal, for the whole length Of
the proposed consolidated roads, to 81, ,000, 900
acres of land, which exceeds the urea of Ohio
or Kontucliy.
These Railroad Companies havo also con-
tracted with construction com1phny,"-a
Cretlit-Mobiier organization, to build these
useless roads. The Companies, Mr. SCOTT
being President Of both and also Of the
Construction Company, arc already heavily
in debt for the portions Of the raolcss roada
already built for tho residue they propose
to hold al1 the lands aud all tho earnings Of
the road during forty years, and then turn
ovor tho road to tho Government for tho
s22o, 100000 of interest paid by it. It is d
! proposition to sell tho road to the Govern
ment for $3.50, 900, 600, the road to be de-
liveral forty years henco
This scheme. It must be remon,herad II