The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-29
The Southern Paciic-Important
Points

In the argument of Mr. THOMAS 4. SCOTT,
prcsidcn. Of the Texas and Pacific railway,
before the committee Of Congress On the 18Th
instant, there were some facts brought out OF
very great importance in considering the
question Of the grand trans.contlncntal reau
on ia. southern line Of latitude. There
have i.ca deliberate Efforts made 10 prclu-
dice the enterprise on the gouad OF alleged
insolvency OF ifr. President SCOTT. An
a1an, # the Central Pac:i2 ilne,-the no.
pornl>-e. operating with Mr.. HrHTISGToS,
visited Ills city not long since, and in
the a',srace OF any person informed upon
the suhja.., wno miga. be able 10 defend
MIR. rcrrT, charged that he was g bankrupt
and officially embarrassed. This agent vas
Mfr. CwIv. If California, aud 10 this gentle
man a, MS statements Mr. SCOTT alluded
in Iii. a,sirscnt before the committee IN
Wasbirgtor. ana completely contiad'cteu
his sta.,aauts. Il may b. added tha, Il few
%, oIlen!.a IL au0 pear tais city, "ho are
nf,isIi.,.. s4trus; Liz. ScoTr, attached n)ta
little fauo.tance 10 what NJ. GwlS said.
Let ti:oca .jva to Mr. ScJTT's reple fair con-
yidera.ion Mr. SCOTT @aid:
It In. Do,n asserted again and again that
hi. rr'erp,ise ucvcr would or could be car
yirG tirc,lgA; thet !, as is representative,
was :o...!iy bankrupt, had no purpose to
com,Jlctc be road rs 4 national high way, and
that 40 confidence should be placed
therein. IS IA Illustration Of what
muas. [ beg to read so abstract!
IRON the account Of an inte:YieY bad
py q ..o-.s.:aiiil named G7eih, c,ho it Is said !,
rcpr.~el.:. Tie Central Pacific Railroad C0ni
p1ny ncyc. witil the correspondent Of 4 Cali.
ioctil n.%sp per few weeks s!HcH. as pub
listed 10 ;a@ san Francisco EUcniag Pot Of
Jafs.ry G.s.. Daring that intecvic" cir.
G sin is represented As making the following
rem ,Ihnllc &ta!eulCnt:
."rhr crisis OF 1873 developed thc fact That
Scott. Construction Company, fer which he
WAS rr,irysaT, c$rd over 81 900 600, and
ibis aii Is sought to pay that and pa! tn"m
M a.4ia not TO build railroads. &c is Il
bankrupt"
What may have been The ohjact OF Dir.
G win. or the Southern Pacific !n;Grcs', so
clcytr!y nlckcl up H., The Centre! Pacific in
ler.>., in making this sta."Ec1t: DC no.
know. III! desire to stale
Il. I'nat l:.,. blI ~ prepared AID in tie
| hlo;, ii YOU. rGtamittco Is not Intended to
| have anytlug VI hnttvcr to Go with tue ROAD
casl 81 Sa"rtg.an and Fort Worth. That is
paiel io,. aud brloBg> TO the individuals s 10
| contributed their money.
-. That Lam not in any sense n bankrupt
certainly not 10 means, and trust not IN en-
cryy.. ! be. 10 state that every dollar OF the
| paDpr of the Texas and Pacific road, or the
OLD Construction Company that attempted to
build it, now 10 longer in existence, that bad
nv n4uy upon ii III cndorser has been PAD,
princtp, and interest, in full. and paid III
| cash-nOl in bonds or trade OF a1y KIND.
| That IN addition lIrcto do rot oWe & sin.
| Gle dol ar to any bank, individual, OF party
| of an k.nd whatever in this broad land, anu
| that mn to-day free and clear from debt oil
every description. II that position makes
man bankrupt, then | may be Chased as
such, bat not otherwise.
Such statements, no matter by whom
made, ale calculated TO DO great wrong 10
this enterp!se, and TO myself individually,
and | here pronounce them untouudcd In
| every particular. Mr. Chairman, refer 10
this individual matter simply because BE-
| lcye that i: has d stroDg bearing on WHAT Is
national question: question submitted 10
your Investigation. SO Tar as II relates 10
myself, what Mr. GWin may say or think, or
other people, about my personal relations, Is
OF 40 moment.
This is clear and comprehensive enough.
| What has Mr.. GwlE to say now:
There was another matter much discussed
last wear. and that was the exact route cCv.
cred by the charter of the Pacific Company
This matter occupicd principal part Of the
discussion in Senator JoHEsToN's letter. In
the course OF Mir. SCG1T's argument Mr
TnRockMorrcN, Of Texas, put the following
question to him:
Dir. Thrcckmorton: would like to ask.
Mr.. Scott, one question, 80 that the commit.
Tee may understand the matter. In your
remarks you state that the Government
would only hc bound for that portion Of the
work beyond Sherman and Fort Worth.
would be glad il you would state the out
lines Of the bill. As / understand. no bond:
are asked for AS miles OF road east Of oher
man and Fort Worth-only The road west o.
Sherman and Fort Worth.
To this Mr.. ECsTT made the following re
ply:
"That portion Of The liGe east Of 81 esmai
and Fort Worth is constructed ~ individual
capital, and re will not ask the Govern
ment 10 endolse i single dollar upon it."
Last year she bill covered the line between
Sherman and Texarkina, between Fort Worth
and Marshall, and from Marshall uia Jefer
son to TeXarkana; but this year, after con
Ierences with many prominent men In The
South, said to them very frankly that in
order to get the extensions to New Orleans
Vicksburg, and Memphis, we would at once
strike out our application for aid on that
portion Of the line, snd ask that it gs to aid
in building the extension and thus complete
the whole system cast to the Mississippi
river.