The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1878-02-03
THE DALLAS AND WICHITA,

He give u communication from Dis
'1otor' Director, who Is also vice
Ia q brick, and whenever o
lnger Is pointed toward the Dallas and
Wichita which IL calculated 10 attract
attention TO tho wrelohed management
of that peculiarly unfortunate road--
in the way Of management
lis Immediately on end and ~ full Of
inosiyo belligenoy ~ the best brick In
The kiln, Our position on Friday was,
that the affairs Of the road were in n
condition, Director who h
also vice presldsnt by his own vote
cayis at this position, disputes II, Yet
tacltly, though We are willing TO believe
acknowledges the correct
ness Of our position, when he says
that Mr., Henderson Ia now trying to
pledge the first mortgage bonds OF the
road, to raise money 10 pay his debts
and complete the road 10 Denton
Director thinks our article OF Friday
n stab NJ Mr. IIenderson's effort We
don't know what Mr., Henderson IL
doing, nor do wo believe Director IL
well informed on the subject
II we arc TO judge of results in
the future by results IN the past
Mr. IT., IN doing very little. But eup'
pose he does get money TO "pNy his
debts" does not Director, who IN also
vice.prcsdont by his own vote, come IN
for the lions shnreY Does not TINT
precious 100000 lako precedence OF all
othor claimsl Now,we do not feel more
than half an much anxiety about the
payment OF Directors claim, who N also
vice,prcsidcnt by his own vote, M we DO
about the completion Of tho rond 10
Denton, and our experience and ohscrs
valon Of Mr. II ~ qualities M anegocio'
tor, does not encourage us to believe
that either the 100000 or the arrival of
the road at Denton during the next
century il in very iminent danger OF
being accomplished by Mr. IT'S efforts,
or by, or through any loan he may be
able to effect upon the first, second or
third mortgage bonds
Yes, wenot only pretend to he, but ara
really friend to the enterprise, albeit
our friendship lacks the essential cond
ton of money to render it valuable to
the Dnlms and Wichita, but it diners
from Directors ia this essential partition.
lar--it expects nothing, has no cloudy
claim for 100000 which is TO be affected
by Mr. lis success or failure,
Now, we, in common with vast mas
jority of people in this city and on the
projected route, have arrived III the con
cluson that il the Dallas and Wichita
ever passes Lcwisvllc it will only be
when the present management Is super
coded 10y one less interested in the profits
Of construction, and more Interested in
the advantage such completion will be
to the general business Of the city and
the section of the country hNycrsed 10y
the road Obi those debts II it were
not Tor them how soon the engine of
the Dallas and Wichita (Which was in
such imminent danger OF being dhtched
n short time ago. would be heard blows
ing off steam at Denton, and in the
very bosom Of that wilderness of rich
production beyond. credit or
debt which is 80 easily affected, ought
to be very carefully guarded; and V,
T., who is also director by other PEG.
PIES votes, ought to Ice rolicved of any
farther trouble or responsibility con.
corning them,
lrdnly the road had touched the high
land on the west bank of Elm Fork last
May then the Hood of money earned
by the roNd to day would have been
ample Tor all purposes But now wo
have but little more than we had then
(and for that little owe DIR. Reid, not
Director" or the management, aud
nearly II years interest added to the !
debt, O good lord, save us from any
more such directors NJ this ono, and
such ny Henderson.
We area truthful journal, and 80 long
Is we felt confidence in the credit of the
expressed it, and in no
'tntcd measure But we, in common
With the masses of the citizens Of Dal,
as and of the counties to be traversed
~ the road, have lost confidence in the
and officers, and, urged hy
Director take this, the first good op-
'ortunity, to say SO, frankly and in
rood earnest We don't know single
opitalst, other than DR.. Reid, who
would be Ounce enough to put u dollar
n the enterprise after our two on three
ears experience with il, unless the en-.
ire management passed into other
ands.
DR.. Reid has done nearly all that has
cen done as yet, and if the city or the
eople on the proposed route owe any.
ody an obligation, they certainly owe il
, the doctor
Whose money is il that the president
finishes Dr. Reid with Does il be>
ng to the company, to Director" or
it DR., Reids money We don't doubt
n DR. Reid will mt the road thron,L