The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-02-28
MORgAN's LOUISIANA AND TEXAS
RAILRnAn.

+, A few years ago. when our people were
greatly excited by the demands for rail-
road connection between this city and
Texas, Mr.. Charles Morgan proposed to
the Legislature then In session In this
city to enter upon this work. with bis
abundant means and ihdemitable
energy. and without State aid, only
asking for charter and grant OF the
usual rights and privileges always
granted TO corporations engaging In
ssuch enterprises. These privileges were
simply those OF the right Of way, OF
bridging certain streams and OF expro-
priating property which might be
necessary to the execution OF the work,
with other customary rights OF all cor
porations. No monied aid, no subscrip-
tione to stock, or bonds or Endorsements
OF second mortgage bonds were selici"
ted. No exclusive or monopoly rights
were asked by Mr.. Morgan. His large
.rarital and invincible repugnance to
ali other modes OF conducting such en-.
terprises except that of cash payments,
gave Mr.. Morgan legitimate monopoa
iy. and that was all he required.
Considering the character OF our Leg
islature. which was then stepped to the
chin in venality and corruption, the
members OF which had been sold, indis
vidually, to that atupendous scheme OF
fraud. this Chattanooga Railroad, 1t Ia
not surprising that Mr.. Morgan's pro.
posal was rejected. Unwilling to pay a
dollar TO the rings which swayed the
General Assembly, Mr.. Morgan's hon
cradle, Just and eminently practical
plan and proposal were rejected as the
presumptuous demand Of "monopo.
listo who had the temerity to offer to
build railroad with his own instead OF
the States meana.
We can remember no act In the long
train OF disgraceful deeds of the Legls
lature which more strongly illustrated
/. the all.pervading corruption OF tina,
body, than this rejection of MFR. Nor
gan's proposition. We are gratitied
and the public will be gratified, to learr
that the present Legislature OF Lou
isiana, composed OF honest gentlemen
and true representatives OF Louisiana
has given the renewal of Mr.. Morgan
proposal very different reception. IL
Senator Geode Ia due the credit OF pre-
scnting the bill now before us-almos
identical with that of four years ago
the object of which is expressed In 1T
title, which Is as follows:
An act TO incorporate Morean's Louisiana AM
Texas Railroad ard Steamship Company, TO ex
nance of railroad between New Orleans, Lou
isiana, and the State Of Texas, and between Ne,
Orleans, North Louisiana and Arkansas 10 de
fane the powers and liabilities Of said company
10 grant the right OF way for the construction o
the road; 10 authorize appropriation OF lands, =
own and run steamships and other vessels; 4
construct and operate telegraph lines; aud 3
vest in said company the right TO exercise al
powers incidental 10 and necessary for the build
ing and maintenance of railroads 10 the State q
Texas. ard 10 North Louisiana, and TO Arkareat
The speedy and prompt action Of thu
Legislature upon this bill will be haile'
by this community with JOY and happi
\ ness. Charles Morgan and his worth,
representatives In this city, @. A. Whit
ney & Company, never fail to execut
all the under akings they enter upol
and to fultill all the obligations the,
assume. -
nrrnny rnpv YCGrSr f1ynN