The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1876-05-28

that luncuon ~ N'hp " .'p '"''"''S
Boundary Of New Mexico tho connec
ton shall be made within sir years
knowing perfectly well that II this bill
passes, the Texas and Pacific road can
never reach the line Of New Mexico
and IL II does not, what then : why
this ring corporation, in that case, u
only Obliged TO build tsfnW n'tcs,q foad
vfar. II don't say whde--ol course
aavrhra covered by il CalllQrhlh
charter. And thus appears
the nsinccrity, the disingenlousneSs, 10
draw Il mild ofthis whole Huntington
scheme. II Is TO prevent for an lnasl,
mite period, the construction OF this 52d
parallel road, indeed TO kill II forever
II tho ring" dcom II best TO do So Inc
distance they may cover by Their blll "
from sherman, Texas, 10 San Diego,
63s miles. Now, II the present Texas
and Pacific Company Is killed of by tho
passage of this bill. rs II IL intended to
be-, the six.year limit becomes inopera-
tive and the ACKNOWLEDGMENT clause
comes into play. To build 1888 miles
of main line At twenty miles u year will
require seveDty-seven years and the
company already has unfinished work
in California 10 occupy II at least
twenty-five years nj the same rate, thus
giving the "ring" 1902 years before they
are bound 10 finish the entire work.
But this bill will confer chartered rights
and land grants along the line TINT will
give them n vested right to the III Paso
route under It's provisions for seventy
seven years, at least, without any obi
CATION TO construct a THROUGH LANE
sooner Oh, what q period for the
present monster monopoly, to levy
tribute on the nation, nay, on all ma
tions with whom we trade, and upon the
Government In time Of war and peace |
And for whose benefit, pray, is oil thisto
be done2 For close corporation, nj
ready subsidized by Government aid TO
their present line tp theamount OF $685.
ll2.6S0, 10 be increased by interest sad
died on the Government under Il recent
decision, TO the aggregate sum OF s9g-
220, 824 making grand total OF Sl64,-
343, 50i, for which I'VE, the people of the
United States" have the blessed boon
of second mortgage, behind one of
twenty-eight thousand dollars mile,
which has Injured to the benefit Of the
ring
For one, am not content with plans
ible arguments, even when presented
by "a distinguished Virginian who is
thoroughly verscd in railroad matters"
/ prefer the naked facts, and TO argue
from them. We know the history Of
tho present monopoly Its facts are be.
fore the world and have collated n
few of them in this paper. As to Mr.
lIuntingtons purposes before Congress,
look 10 his bill, which no usks shall
become law, and not to his arguments
have stated It's substance fairly, AS
TO Colonel SCOTS scheme if you choose,
but in fact tho scheme ofS69 gentlemen
OF as high average intelligence as any in
this country, Including large and
unanimous delegation from Virginia,
appointed by the Governor and by
cities and towns, and representing all
parts of the State, who met in st. Louis
In November last, / so also to the
records. In the one sec utter ruin, to
the brightest hopes Of the South and
oppression TO the entire country In the
other, | sec the prospect, within four
years. OF an open highway across the
continent forever under the control OF
the people Of this country, and guarded
against all possible abuse, and within
our roach, without the levy of one dol.
lar of taxation on single human being
in this country, and between these
schemes ] choose the latter, And tc
my mind it is incomprehensiblc, how in
the South, at least, there can be found 4
man who will hesitate one moment
on tho question as to what Congress
should do in the premises.
| In the languagdof the sixth reason
set out by the st, Louis Convention, in
a paper presented by the Hon. Jacob
Thompson of Memphis as chairman OF
q committee "a gentleman, who is n
"Phar,see of Pharsees' amongst the
strict constructionists of tho Federal
Constitution), in supporting tho propo'
sition for the aid of Government credit
to the Texas and Pacific road, find the
whole argument condensed, and adopt
it in conclusion. The committee and
the convention say;
II Sixth, As direct saving to the peo
Pile of the entire country, Because il
will give competing line between tn,
two oceans, both for the large local anG
through tariff of this country and fol
the great through traffic with the Sand
wich Islands, india China, Japan, Aus
tralia and Western South America
thereby comforting n substantial benefit
upon the entire nation, and because in
this manner the people Of these United
States will best be protected against a
monopoly, to whom they have loaned
$55, 100000 of six per cent Government
bonds, and made large grants of land
to build the present Pacific line. and fol
whose benefit the Government is now
} paying yearly upwards of three add
tional millions out Of the Treasury ,
corporation that has established arbi
trary rates for transportation, and il
} now seeking to perpetuate itself as
, close corporation and control the line
J and such as il may hereafter build in il
, own exclusive interest, instead of max
ing them an open highway, such rs tn,
people of the country have right Il
demand"
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