The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1875-01-10
RAILROAD GOSSIP,
Colonel Tom SCOlt-TeSaS nnd PAcllic
Its Plans Last iear-Thc
Union ana Pacific ROad-
What the South Wants.

Now Orleans Times, December ~, Md
40 soon na the holidays are over, Col
onel Tom Scott VIII, doubtless, press
his Texas aud Pacific railroad aid bill
on congress. Very powerful ana eh'
tlrcly legitimate influences aud re-
sources Will DO brought To bear no
doubt, 10 bring about the measure OF
congressional MD sought Tor.
This IN nothing more Than the en-
dolsement by congress Of the Interest
on tho bonds Of the roud TO be Issued
at certain amount per mile.
In return Colonel scott viii give
back 10 the government large part OF
its liberal land grants, aud, further
more, secure II by giving II n first
mortgage on the road, built and equip
cd throughout. :,
Colonel Scott was largely interested
Ia the great Union aud Pacific ruilrond,
and sold out his Interest IN II In order
10 engage In the construction OF the
Texas and Pacific. From what we
long since know Of him and of his
plans and purposes, he X not apt to en-
ter into enterprises Of this kind with
out fully understanding aud apprcci-
ating their objects, difficulties aud re-
sources; nor Is he apt to let SO his grip
on project OF the kind, once fully de-
termlned on and commenced.
HEART AND SOUL IN IT.
Colonel Scott 40 fully entered, heart
and soul, INTO the plan Of constructing
the Texas and Pacific railroad that,
last year, he not only bought up the
old Memphis and FL Puso railroad
company's franchises, butundertook to
settle with their European creditors,
thereby relieving General Fremont
the president of the old concern, of the
very painful position he held in Paris.
Colonel Scott, In addition, induced
the directors of the Texas and Pacific,
when II finally organized last year, to
appoint Texans and other southern
, men to the management OF the ailil-
iating or subordinate departments Of
the great enterprise they had in hand
ltwas divided into three hureauX the
construction, for building the road the
land, for selling out and settling up the
vast body Of lands belonging To the
company; and the immigration, for
bringing immigrants from all parts Of
Europe, by steamers, to New Orleans,
aud thence to the company's lands in
Texas. a
EX-GOVERNOR TIIRoCKMoRTON,
one of the most prominent and most
popular of the eX-coniederate leaders In
the Mississippi department, and
especially well aud favorably known
in Texas, was appointed to the immi-
grafton bureau, with headquarters at
New Orleans.
These important appointments were
. sought for by men OF great influence
at the north and of great weight there
in railroad circles; but, through Colo
mel Scotts influence, and his views of
what was due the people of the south
west who were so directly interested
in their enterprise, the men selected
by the directory were men hailing
from the southwest, aud men too, pc
culiarly fitted for their work.
General Walker rs we know, was
confident of having his Office opened
here by October, 1873, and his special
agents then appointed and sent out to
Europe to develop his friend, Colonel
Scott's plan of diverting immigration
from the north to the south.
Colonel Scott went to Europe early
in the summer of 1873, to arrange
FOR A LIBERAL LOAN
with which to carry out the plans of
the construction bureau of the Texas
and Pacific. Just rs he was on the
point of closing his negotiations in
London the uhexpec. ed and fatal finan-
cial crash of September last came
sweeping across the ocean, and at once
put AN end to the great railroad man
ager's plans for the Texas and Pacific
road, at least as then concerted and
ready for work.
THE SOUTH TO CONGRESS.
Political capital has been largely
manufactured during the last year
against any congressional subsidies
whatever to railroads. The public SEN
timent, on this point, was and is cor.
rect enough, when we remember what
was the wildly speculative character
of the projects that induced this popu-
lar condemnation.
But the Whole country approved the
very liberal, the prineely donations of
lands and money that the government
made to the Union Pacific railroad
company, and, with that record be-
fore it, it will hardly care TO condemn
the application OF the Texas and Pa
ciiic, not for lands and money, but
simply for a guarantee of interest on
bonds that are amply secured to the
guarantor.
The north and the west have had
trunk railroad almost literally given
them by the government, iro u the
Mississippi to the Pacific. Surely the
country at large will not refuse the
south and the southwest a southern
trunk road from the Mississippi
to the Pacific, a mere guarantee Of in