New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-08-12
OUR TEXAS PACIFIC RAILROAD.

Dir. Wheelock has returned from tou,
OF inspection along the proposed line O.
the Alexandria and Texas railroad. HI
has. found the country practicable. and
the work cheap of construction. He has
found. also. as the REpuB11cAs had of.
hrmed, tina. the planters and landowners
along the line are prepared to give
| moneys worth toward the construction OF
the road. in the dirt work and cross-ties,
payable in stock, bonds and cash. One
estimate makes the value of the con-
struction seven hundred thousand dol.
lars. The road will add to the value
Of the land many millions of value
The patronage Of these planters and
land owners is not limited to these
subscriptions. Every one Of them who
takes q contract or sub-cont1act, every
labore- who can get days work
on the road, in wet time OF dry time,
is voter. and can bring important
aid to the railroad in Legislative grants
or parish subscriptions. It was a ju-
dicious measure to go to the country
and enlist the intelligent cooperation
OF the property and labor. President
Wheeiock has returned to the city and
laid before its property and business in.
teTests the immense diversion of cotton
from the market. caused by inefficient
means Of transportation. as also the loss
sustained by our merchants in losing the
representative supply Of goods sold else
where. The objective point Of this ap.
pealis our insurance companies. which are
asked to aid in bringing this cotton to the
river that they may effect assurances. We
believe these associations sometimes ex.
ercise far greater discretion with the
money of their stockholders than would
be involved in improving the ways to
market. We allude to the occasional aid
given to campaign funds. upon the theory
that it will secure a safer state Of society.
We doubt whether the river and marine
insurance companies could take step of
more probable value to increase their fu- |
ture trade, and arrest the decline Of exist, |
ing business, than to take stock in the |
Texas railroad, and we think it probable |
tha: with the legal right to make such in |
if President Wheelcck will pro-
vide liberal rebate, good deal may be !
from that source.
Our property holders do not seem 10 at
ach as high importance to bringing more
rade to the city as to redu cling the ''ex.
'rbitant taxes" on real estate. i very
Jealous. advocate of the association ex-
'resses the opinion that reduction of
axes would restore the prosperity of the
ity. He was told that there were between
hirty and forty business stands for rent
n Chartres street. This, he at once said,
royed his proposition. He was then re.
minded that there were not so many
usiness houses for rent on Canal, Camp
r St. Charles streets. Tha. was caused.
e replied, by the business being con-
entrated on those last streets. Very
ell. II the rate OF taxation caused
1e decline Of which all complain, why
aould not this cause operate in
anal street as well rs in Chartres street?
he diversion Of trade which Mr.. Vince.
'ck notices is e. very small affair in com.
arisen with the trade crevasses which |
our the products Of the West out at the
orts Of the East. Our citizens must SUBJ
,ribe to this and other roads and take
leasures toregain or replace the trade |
lrried away from our city. With ade-
hate business We can bear almost any {
mount of taxes: without trade we could !
ot keep the houses in repair. even with
1t any tax at all. Let our business men
len scrutinize the taxes and scale the I
,bt. but let them subscribe to the Texas I
Id other railroads. and times will be t
I'll enough. Il