The Andrew County Republican. [volume] (Savannah, Mo.) 1871-1876, 1875-12-03

6. AS 4 direct saving to the people of the entire
country because 1t VIII give a competing line
between the two oceans. both for the large local
and through traffic of this country, and for the
great through traffic of the SanwiCh Islands, In
dla, China, Japan, Australia and Western South
America, thereby comforting a substantial bene-
fit upon the entire nation; and because in this
manner the people of the United States will best
be protected against a monopoly 10 whom they
have loaned s - 900 900 of six per cent. Govern
mcnt bonds, and made large grants of land to
build the present Pacific line, and for whose ben
eft the Government is now paving yearly nd
wards of three additional millions out Of the
treasury; L corporation that has established ar
bitrary rates for transportation and is now seek
Ing to perpetuate itself as a close corporation.
and control its lines, and such as it may here
after build, in its own exclusive interest, instead
of making them an open highway such a. the
people of this country have Il right To- demand.
I. Because the communication thus establish
Ell with the rich and productive states of Old
Mexico would secure a large and lucrative traf-
fc, now diverted to other countries, and would
thereby increase the revenues of the Government;
while, at the same time, the connections made
with the lines now projected from the capitol of
MeNlCs to its northern border would stimulate
and develop this trade, and enrich the citizens of
our own country by the exchange of our manu-
featured goods for the products OF her soil and
mines.
protect the citizens whose guardianship it as
sumed under the treaty obligations, in the acqui-
sitlOn of the Mexican territory in which they were
resident, and also all other citizens who have
been induced, by the grants made by the Gov
ernment to aid the building of railroads, to settle
in the Territories which those roads are intended
To develop.
.. AS a prudential and proper act, to encour-
age the people of the South, who may very Justly
and with great force urge that, while sII5 COS 900
of the public moneys have been appropriated in
the Northern States and Territories since the or
ganizatiOn Oithe Government, there have been
but ! IS, II 900 expended in the Southern States
and Territories.
10. Because, not only will this road, as a
means of National defense, strengthen the mill
tary arm of the Government. and ut all times
perfect the security of our Pacific Coast against
attack by foreign Powers, reduce the expenses
of its local administration, bind our country
more closely together, facilitate communication
with the Pacific and with Old Mexico, develop
new traffic, and the agricultural products and
great mineral wealth of Texas, New Mexico and
Arizona; but it will also, by the demand for
manufactures and productions of every descrip-
ton, Including iron. steel, cotton, wool. timber,
and other materials needed in the construction
of engines, ears, bridges, machinery, buildings,
etc. for the use of the road, and by the lahorers
employed in building and maintaining the same,
give employment To the furnaces, mills and ma
chine shops OF the country. and once more revive
and stimulate the depressed industries of al sec
tons.
And, whereas, to secure to the Government and
the people these several advantages, and in Itdi-
ton thereto, secure the return to the people of
thirty millions of acres nj land heretofore granted
to build the thirty fifth parallel line, and save
the building of l sou miles of road, it is, in the
Judgment 0t this Convention, not only the right,
bIJ IIE 'tUJN tI tHt -NtIlDilti NIDNtT tUleDI u rem
der such aid. properly secured, restricted and
guarded, as Will secure the prompt completion of
the line referred to. and of such extensions as
Will give to all sections the advantages resulting
thereirom Now, be it resolved:
|. That q Southern line to the Pacific Ocean
should he built on or near the thirty -seCont par
allel from Shreveport via FL PasO to san Diego,
where 1t Will make connection with the waters of
the Pacific in 4 safe AMI excellent harbOr. AMI
connect also with the railway lines now building
from San Francisco to the southern part of Cali
rnFDI1 fbn- ClsJ W. nr a n,n IN II m IN flyf
great city and port.
,. That there should also b constructed extern
si0nS from the most eligible points on the Texas
and Pacific Road to New Orlpans, Memphis and
Nicksburg, and from Il point near the lc}d meri-
iian To Nlnltt, III order II reach the Mississippi
River and to connect with every road and harpor
of the Atlantic coast, and with every railway east
of the Rocky Mountain slope.
;. That to insure TO the Nation the greatesthen
efits from this line of road, and To prevent its be
ing controlled in the interest of any one party 0r
section of country, there should be- established
such regulations as will maintain the road from
shreveport To the Pacific as an"pen highway and
as a completing line to all transcontiI entail rail
roads. to be used on equal terms by ali connect
ing roads which are now or may hereafter he
built-similar regulations To Ire applied t. the
branches receiving similar aid To the Texas and
Pacific Trunk Line.
4. That it should he built at the lowest cash
cost, in order that the people shall be protected
against undue or oppressive charges, and shall
be secured in its use at the lowest possible ratts
required to protect the comparatively small capt.
tai actually expended in the construction re
suit which can he greatly aided by it's c%Onetrrc-
ton at this time, when material ant labor can
he secured at prices much below those that have
prevailed for many years past; and that Con-
gress shall, 1T all times. reserve the power
to protect the people against speculation ard
oppression in the use of this National highway.
D. That the building of the main line should
proceed under such regulations as will insure
the point of its present completion in Texas to
San Diego. in California or until it meets IN eX-
tension of the same line from San Diego.
8. That the construction of such a line and
branches can be best secured by the extension of
Government aid To the line and branches hereto
fore mentioned in these resolutions, in the fOlm
of a guarantee of interest, not principal, on a
limited amount of five per cent. contraction
bonds, payable in fifty years, SO that the entire
liability assumed shall not in any event exceed
p, 010 per mile per annum, nor the interest on
the actual cost of the line and said branches; such
liability to be secured by a first mortgage upon
all the railway, property and franchises Of the
companies and upon the lands granted by tie
| nited states; AMI any deficiency IN the earnings
Ofthe line and branches to meet the interest matur-
ing on these bonds, while the road is in course
of construction. to be met by the deposit in
the United States Treasury of one eighth #
the whole authorized issue, ami the sale #
the same, if it become necessary, after applying
all net earnings and proceeds OF lands, and the
duc for Government transportation, mail
and telegraph service, To meet the interest 30
maturing a. aforesaid, 81 that there shall be no
outlay by the Government; these bombs to BE- is
sued only To the actual amount of cash expended
upon the road and Breaches, and upon the certifi-
of sworn commissioners appointed by the
to supervise the building of the line
and branches, and their redemption at maturity
to he assured to purchasers and holders by pro
viding q sinking fund out of the revenues of tie
road and branches, Ia be paid by the cOmpanit s
the Treasury of the United States, of such
amount as may be sufficient to pay off and dis
charge the entire bonded obligation of the conf
panieS, on which the Government has guaranteed
the interest.
=. That the President of this Convention he
requested to prepare IN address to the people of
the United States, enbOdying the views set forth
in the preamble and resolutions adopted by this
Convention, and that he he authorized to ap-
point Il committee OF thirteen, who, with the