The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1877-01-27
the TEXAS AND PACIFIC.


The Austin Statesman is affecting to
oe immensely exercised at the prospect
of the building of the Texas and Pacific
-oad. 1t prates of SCOTS plundering
Texas and California, and of his deter
mination to pour all the trade of the
West through the ST Louis big bridge,
the funnel Of the country's wealth 1t
attacks the late Legislature and GOV
ernor Coke, declares the State Constitu-
uonal Convention to have been stu
pid, the aforesaid Legislature woefully
bambooLled, and strongly intimates
that Coke was unduly Influenced by
Scott 1t endeavors to Inislead public
pinion by the stupendous falsehood
that Scott proposes to yet buili 5000
miles railway, upon which he has de
termined 10 make $4,000 per mile or
an aggregate of Sl200o0,000 Of money,
and thus become "a bigger man than
old Grant Such statements and base
less calculations are too preposterous for
a moment TO prejudice the mind of an
intelligent reader or remotely ieopardize
the iate of the bin now pending before
Congress The Statesman, at the time II
referred TO the feeders from Dallas.
Sherman, Marshall and Texarkana as
costing So,0oo,O00. the Memphis, the
Nicksbui G and the New Orleans branch
S2o, 900, ,0o0, the Finita branch 100000
Ooo. very well knew that these feeders"
were Topped off and that no appropria-
tIon would be made for them. Yet it
persists in its endeavor to deceive the
people of Texas by such unblusn:ag
misstatements and unwarranted exag-
gerations. The Stdfssnaa knows that
every thing that the Pacific road is
worth or will be worth, that every dol
lar earned by it in transportation for
the government, in carrying it's mails
and in teiegraphing. is given as security
for the simple guarantee of the govern
ment that the interest piH be paid upon
hmitsd number Of toaas.
The .StafesHsaa knows that not one
dollar in the way OF money or subsidy
IS asked or expected from the govern
ment- All that is required is that the
United States give guaranty of FIVE per
cent on construction bonds not to
exceed S35, 900 per nile, and that in
return for this, and as ten-fold security.
there is given to the government thirty
millions ofacres OF land,a first mortgage
lien On all OF the iron, road-bed, rolling
stock, property and franchises of the
company, deposit of s., 900 in, the
United States treasury, in bonds for
each mile Of road, said bonds to be sold
by the government in case the company
makesany default, and the reservation.
as before stated. of all funds due from
the government for the transportation
OF It's mails, troops and supplies.
The Statesmaa kno1s lat the con-
struction of this road will develop mil
lions of acres of'the most ferssIe lands
IN Texas, and make Texas a continuous
farm from Dallas to EfsPaso; II knows
that this rapid advance of this army of
civilization will itself solve the Indian
question and save the government
sic 900, 900 year, 10 smount which
Congress estimatesik will iaoststo main
tain a force available to protect the lives
and property of citizens upon our from
tier, it knows that the diminished cost
OF transporting military torres, Indian
the mails. is an annual saving
greater than the interest on the bonds. /
It knows that it will carry the industries
OF civilization to ten million of people |
Of Northern Mexico, and secure 10 us n |
part at least of their immense trade
The .statesman knows full well that the
ou aiding of the Texas and Pacific road |
Will resurrect and rehabilitate the
south, by pouring through that fertile
but distracted country a perpetual tide
,t the worlds commerce, yitalizing its
,ailway system and reviving It's para
yzed industries, and that it will bring
o Texas, and especially to Dallas and
North Texas the greatest, most i'm.
Mediate, most substantial and most per-
nanent benefits. and that in the Ian
,uaee of the great convention of ST.
.ouis, the building of this road is i'm
'eratively demanded as q commercial
lecessity, means of national defense, a
Measure of practical economy. an act of
luty, ofiustice, and of sound statesman
hip The .sfatcsmas may cayil and
blect, and write down silly and absurd
xaggerations, but the Texas and Pacific
fill be built, and. by its building the
outh will live again, finding a new and
etter life than ever before in the busy
nd diversified industries of q contented
nd prosperous people
4