The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1875-01-16
RAILROAD GOSSIP.
Colonel Tom ScOtt-Texas and Pacific
Its Plans Last Year-The
Union and Pacific Road
What the South Wants.

Onel Tom Scott will, doubtless, press
his Texas aud Pacific railroad aid bill
OH congress. Very powerful and en-
tirely legitimate influences and re-
sources will be brought to bear, no
doubt, to bring about the measure OF
congressional aid sought for.
This is nothing more than the en-
dorsement by congress of the interest
on the bonds of the road to he issued
alta certain amount per mile.
In return Colonel Scott will give
back to the government large part OF
lis liberal land grants, and, further
more, se,ure it by giving it first
mortgage Oh the road, built and equip
ed throughout.
Colonel Scott was largely interested
in the great Union and Pacific railroad,
and sold out his interest in it In order
TO engage in the construction of the
Texas and Pacific. From what We
long since know of him and of his
plans and purposes, he is not apt to en-
ter into enterprises of this Kind with
out fully understanding and appreci-
ating their objects, difficulties and re-
sources; nor is he apt to let go his grip
on. q project of the kind, once fully de-
termined on and commenced.
HEART AND SOUL IN m.
Colonel Scott 80 fully entered, heart
aud soul, inlo the plan of constructing
the Texas and Pacific railroad, that,
last year, he not only bought up the
old Memphis and FL PasD railroad
company's franchises, but undertook to
settle with their European creditors,
thereby relieving General Fremont,
the president of the old concern, of the
very painful positiUnhe held in Paris.
Colouel Scott, in addition, induced
the directors of the Texas aud Pacific,
when it finally organized last year, to
appoint Texans and other southern
men to the management of the atiil-
iating or subordinate departments OF
the great enterprise they had in hand.
twas divided into three hureauN: the
construction, for building the road the
hand, n selling out aud settiingup the
vaA body OF lands belonging. to the
company; and the Immigration, for
bringing immigrants from all parts Of
Europe, by steamers, to New Orleans,
and thence to the company's lands i'll
Texas.
EX-GOVERNOR THRoCKMORTON,
one of the most prominent and most
popular of the ex-c0nfederate leaders In
the trans Mississippi department., and
especially well and favorably known
in Texas, was appointed to the immi-
grafton -bureau, with headquarters at
New Orleans. t. .e..f ,-
These important appointments were
sought for by men OF great Influence
a., IA aud nf .rroat xyaiUht fhprp
in railroad circles; but, through Colo
mel Scott's influence, and his views OF
what was due the people of the south;
west who were so directly interested
i'm their enterprise, the men selected
by the directory were men mailing
from the southwest, and men too, pc
culiarly lifted for their work.
General Walker, as 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
aud Pacific. Just rs he was on the
point of closing his negotiations In
London the unexpected aud fatal finan-
cial crash nf September last came
sweeping across the ocean, and ut once
put All end to the great railroad man.
ager's plans for the Texas and Pacific
kroad, at least as then conceived 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 princely donations OF
lands aud money that the government
made to the Union Pacific railroad
company, and, with that record be-
fore it, ii will hardly care TO condemn
the application of the Texas and Pa
cilic, not for lands aud money, bui
simply for guarantee of interest on
bonds that are amply secured to the
guarantor.
TIE north and the west have had .
trunk railroad almost literally given
them by the government, from the
Mississippi to the Pacific. Surely the
country Mt large will not refuse ths
south and the southwest a southern
trunk road from the Mississippi
TO the Pacific, mere guarantee of in
terest on its bonds, Amply secured.
A HOME QUESTION:.
The question arises: Once the Tex
as and Pacific railroad, built from Sar
Diego or San Francisco 10 Marshall o
shreveport, will 1t give New Orlean
the go-by and seek direct terminu
In an Atlantic portf
| Tho Ureaf aoaDf,rts of this country