The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1876-01-09

pdid GOr, stock lot him he remember
ed his name Is II. &, j, LebeFInan.
4" Under the heartlest cooperation OF
our citlzens,u not another subscriber
could be secured not u pound OF pro-
visions, not an article OF clothing
could be obtained on the credit OF the
company; the "heartlest corporation"
did not take that form, you see few
merchants, Schneider ~ Davis, San-,
ger Bros, j. O. Mcconnell, T. D.
Franks aud Conner and Walker 10
whom this honorable mention Is due)
gave, on my personal credit. the sup
plies which were absolutely rGqiWed TO
do the work necessary to save the
Charter. The firm OF which w. D.
Clark is chief refused TO let me have a
dollars worth OF goods except for cash
down. The necessary work was done
In time, and the Charter saved, and
the twenty-five cent Investment
was not increased. Calder paid the
bills.
The original charter gave the COM
pany no State subsidy, and fixed the
terminus In Clay county. unalded
by those "gentlemen filed with en-
ergy," etc., In fact, In very spite OF the
best efforts of some Of them to defeat
me, succeeded in securing u subsidy TO
the road, u change Of terminus to any
point In Northwest Texas, and other
very valuable amendments. Calder
paid tho bills, I
Before work could be recommended
1 Ia "a lhunnn in
the conditions of the original PROPOSE
ton giving aid to the company, 80 that
u part of the bonds could be used In
paying for the construction of the road
bed and bridges to the county line.
The new proposition was submitted
to the citizens aud carried, but the cit
liens, into whose hands, you say, the
enterprise has SO fortunately fallen,
they who have labored so 2ealously in
behalf of the road, opposed this propo-
sitlon, rs they did the first, with, be-
lieve, but three exceptions.
The next thing in order was
the passage of All ordinance author
izlng the issue of the bonds. Now
came the tug Of war, and, as
usual, find those gentlemen filed
with enterprise" etc, with two notaT
bic exceptions in II. S, Ervay and A.
M. Cochran, and u neutral in w. j,
Clark, opposing us--by US, ! mean
those who are now, and have been for
two years past, associated with me as
officers OF the company and our
friends. After contest lasting for
nearly year, contest too hot to be
soon forgotten, we again won.
Calder paid the bills, ..
Hundreds of miles OF preliminary
lines had been already run. Now, Cap
tain w. II. johnson, present City En-
gineer, was put in charge of an efficient
corps of engineers to locate the line,
which he proceeded to do.
Calder paid the bills. ....
Work now commenced In earnest,
and il The cItigens of Dallas had given
vs. their heartiest, or even ha!f-hedrted,
cooperation, the road would have been
completed aud in operation to Lewis
Vile last year. The following is one
of the many Intellectual appeals made
by me for help during the summer OF
1874, and was published as a commu-
nication to The HERALD:
In your article in yesterdays issue
on the pallas and Wichita railroad,
you say that the company "eKpect 70
push the work on rapidly to the county
line without any further delay" The
statement is correct, but the company
expect, and think they have q right to
expect, some aid and encouragement
| from tha hllainn11 and 1Arnnart NJ
owners of Dallas. If they will take
the Dallas city bonds rs they are issued
to the company, at seventy-tive cents
on the dollar, the work will be pushed
on rapidly, not only to the county line
but across Elm Fork, and the immense
business of the northwestern counties
will be thus secured to Dallas. Will
the avowed friends of the enterprise
agree to take even fifteen of the bonds
at that rate ? The investment will pay
thirteen and one-half per cent. net in
terest per annum, with bonus of two
hundred and thirty dollars payable at
the maturity of the bonds. 10 insure
the construction of the road they need
not take share ofstock, or loan the
company dollar, but simply invest a
few thousand in bonds, for the pay
ment Of which all the property, both
real and personal, within the limits of
the city is pledged. j. W. G."
am told that there is great preju-
dice against me among the citizens.
If so, 1t has been created by interested
parties, who.have misstated and distort-
ed the facts. This prejudice, II it ex-
lists, will disappear, to their confusion,
when the facts are known, and all
those estimable gentlemen who are
now associated with the leading spirits
of the present movement will, | be-
lieve, refuse to be parties to their
schemes, or to aid them in securing
the "bushel Of money! which they
propose to make out of the enterprise.
III the "bushel of money! had been
secured to these men | would prob
ably have been allowed to sell out to
parties who would have Immediately
commenced the construction OF the
road. If the stockholders have lost
confidence in my administration, do
We, "while looking into the past only
to find proof of their title to our con-
fldence, "fnd. that theylhave any right
to it? How have they earned it? Let
the record answer. Ii we had but fol-
lowed their example, five hundred and
seven shares would be but an insignifi-
cant minority of the stock issued.
Their motto is "rule or ruin :" they
have, some Of them, fought us under 1t
for three years; they now make an at
tack In force; If they ruin, 1t is the
city's loss; If they rule, the "bushel of
money" will be secured. But we, who
have with hard work and money
made the enterprise so valuable that
others can now see bushels of money!
in it, object (perhaps unreasonablyl to
being kicked out without even receiv-
ingthe money honestly earned or hon.
estly expended in the service of the