The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-11-10
AHornER RAID ON TIE rREAsURY.
Thirty Million Acres Of Arid and worthless
Land one red for a Caah hnh.ldx.


An interesting move on the politico-rnil-
way chess board HIS just been unearthed, Of
which the following is the su1st moe Prepara-
tons have been making during the last three
months for a grand National Convention at 81.
Louis, Of oil parties favoring the construction Of
another hne Of railroad to the Pacific. All the
Governors, Boards OF Trade, and other public
bodies throughout the Union have been invited
to attend or send delegates. Until recently the
affair has borne the Appearance OF adisinterested
and Dublic-spirited effort 70 aid the Southern
Pacific road. within n few days, however, It
has leaked out that It Ia TO be run wholly In Tom
Scotts interest. The Atlantic and Pacific, Mis-
soufi Pacific. and Texas Pacific enterprises have
beeo pushed as far the GOOD lands Of their
land grant extend, and are now willing To ex-
change the remainder OF their land grants, which
consist principally Of arid and worthless lands,
for q Government guarantee OF interest on the
cost OF construction, estimated at ABOUT t4O,OU
per nile.
TO a friend In this city says:
The National RAILWAY Convention caled for this city
Convention Of cit,zens in favor Of the Texas
syivanis COMPANY Jcol SCOTT, through Isaac H. SUR.
nd of col e S ST. 10 PsSp ses are an Of
neary all In favor Of the Texas Pscinc Railway. An
attempt 10 be made to incite popular sentiment In
Psc GS 81 00'"p''Hs 'N'''"0"0'0" route 70 '"'
Another letter from a resident Of southern
Illinois says;
The proceedings against tho Atlant, and Southern
Pacihc Road IN the United states Court OF the Eastern
District Of Missouri to have receiver appointed,
uriIg 20 the surface what had partially dug out OF
the last report Of the SECRETARY OF tue In etora state
OF things indie ang any thng bu good financial sta,
tus The prin face case was that the route has cost
thus far over 100000 per mile II conpi, tea TO tie
hnt Or nearly Of the good l.nIs aud the remainder
OF the land grant Will De worth but little
The circular calling the Convention at ST. Louis indi
that the roaI completed to about nor invest
Texas that the immense amount Of ~ 900 90 acres ~
arid land Will gwen ~ ana that tho Government
shall guarantee interest further bonds. he pro.
ccednvs IN court Yesterday danpen the zeal OF the
Convention. nat IL II eviuent that there 10 10 be grand
attempt 70 influence puDiic opinion.
L. IL said that the South and Southwest are
unit In favor OF SCOTS plans. IL IA EVIDENT
however, that other sections do not fully SYM
pathZe. The Chicago Board OF Trade at a re-
cent meeting sent the following resolution in
response to an invitation To participate
Rcoirtd That Ia the present and prospective confi
tOn OF the credit OF the United states GOvernneut,
this Board OF Trade deem II unws TO ask IA" Govern
ment Enforcement guarant to be used m the con.
struction Of such as II cOntemp atcd In the call
of National Convention In 81. Louls on NOV. % and
not wishing to embarrass the acon of sad Convention
or disturb lis harmony respectfully dec Inc the In
vitaton Of e Merchants Exc ange, With our acknov
edgements of lite courtesy 10 extending It.
1t lie said that the gathering Ia likely to be q
large and Influential one, having the support OF
many Senatars and members OF Congress.