The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1877-05-24
WHAT DOES IT MEAN2

Ihe corporators In the new Austin
and Pacific Railway Company are Geo.
K. Davis, Boston; w. H. Hart, Henry
Marquand, Henry X. Sheldon, w. F.
Buckley, John Barker, Lewis T. Gun
ther, James T. Rawlins and S. w.
Smith, New York, 400 shares each; S.
w. Morton. New York. l0n ahNrnsi 7
f. Crosby. F. A Rice and w. II. Da-
ker, of Houston, 400 shares each; and
G. A. Burton, Geo. Goldthwaite, Hous-
top, 100 shares each. The officers are
Crosby, president; Baker, vice presi-
dent; Rice, secretary and treasurer.
The capital may be twenty million dol
lars. The officers make oath that the
stock has been subscribed to the
amount of thousand dollars per mile
and that five per cent. has been paid
in. Has it also been checked out Is
it proposed by these excellent gentle
men to build railway or to force
Tom Scott, if he must add an Austin
branch to his trans continental line, to
pay for this franchise? Very certainly,
since Texas contributes ten times more
than any State to the so-called "Texas
and Pacific" road, Texas should have,
when losing the trunk line, at least
central branch to Austin, Houston and
Galveston. In view of this palpable
necessity these spectators in railway
stocks rush to Austin and seize this
franchise. Will it obstruct Scott's
plans if he must build a branch from
the one hundred and third parallel in
the Panhandle to the State capital 2
So obvious is Scott's need for this char
ter and of this land grant, now Sc
cured by the gentlemen above named,
that very many suppose that these
corperators are only representatives
of Scott's interests. If they be not and
do not intend themselves to build the
road and only to prey upon Scott-ln
such a case we can assure them of lit
tie popular sympathy. If they do not
begin work in earnest we may know
that this is the scheme, and then,
since their device can only retard the
work which Scott would achieve, and
since it is in such case only scheme
by which blackmail may be levied up
on Scott-in such a case the movement
will hardly be tolerated by popular
necessities or popular patience. But
the scheme Is said to be legitimate,
and the high character of those en-
barked in it confirms the assertion.
They propose to build for themselves
a railway from Austin to point on
Tom Scott's trunk line. 1t will con-
stitute part of the original Huntington
route, direct from San Francisco to
Austin, Houston and Galveston. 1t is
part of that route to which the STATES
MAN, through a series of months,
directed attention as the shortest
from the Pacific to the Gulf.
Perhaps, after all, Huntington, whose
alliance with Scott was not of choice
or of ardent affection or admiration, is at
the bottom of this scheme. He may in
tend, through these corporators, still
to control the shortest line between
the two oceans, while Scott commands
from Philadelphia to Fort Yuma or to
the point of junction of Scott's and
HuntIngton's lines. Huntington re-
fused to buy the charter owned by
Smith, of Louisville, Capt. Thomas
and others, and said, when in this city,
that he proposed to take out this very
charter under the general act Of incor-
poration. Is this the execution of that
asserted purposel Huntington gave
Scott the least possible assistance wher
Congress sat. he was eminently cold
and listless and simply did not oppose
the schemes of the great Pennsylvania.
WIZ the conflict between these two
men be reneweda Is this the first gur
in = new war between the two grand
Turksi Is Huntington resolved 70 hold
the two ends of the shortest line be
tween the two oceAnsl