Brenham weekly banner. [volume] (Brenham, Tex.) 1877-1907, 1878-04-05

oH ilOtlOu ON N. DtCcu-
love Esq. Seth Shepard. was
called upon to explain the OBJ
ject of the meeting. He
said that it was impos-
sible to raise the means to
built the road without issuing
bonds, and that in order to dis
pose of the bonds capitalists
must be satisfied that the peo-
pie along the proposed. line want
it built. and are willing to con-
tribute towards its construction.
To show this disposition SUBJ
scription sare an absolute necesi-
ty. Material'and labor are both
cheap and the time is the most
favorable for building the road.
He explained the benefit to be
derived from a competing line
and the enhanced value Of land
and town lots was fully set forth
The charter demands the right
Of way through and depot
ground in Brennan. Mr.. Kop-
perl and other representatives
of the company are present and
want to know exactly what
Brennan and Washington
county will do without any mis-
representation. Mr. Kopperl
being called upon said substan-
tionally as follows: As Presi-
dent Of the Gull. Colorado and
Santa Fe railroad and repre-
sentlve of the city of Galveston
! will state that Galveston has
already done all she is able to do
towards building the road, as
you all know time are stringent
Forty-6ve miles of the road
have been built and arrange
ments are now completed for
building seventeen miles more
to Richmond including an iron
bridge across the Brazos river.
Galveston has 5000. 900 new in
vested in the road. Galveston
has helped to carry the ntire
interior by making advances and
giving credit on goods. Rail-
ways are not in favor with capt.
talist: they already having made
large investments that are not
interest. What we now
want is to place the bonds; New
York capitalists having no inter
est in this road except a GER
tainty Of getting their interest
must have guarantee of security
This can be by local aid
SO soon as this is assured the
bonds will be taken. The bull
ding of fifty or sixty miles Of
railway without going into debt
is a fact unknown in the history
Of railroad building. AT this
time the road can be built
for one-half the cost of
the Central road. Burleson
county is 8 fully alive : to
the necessity of the road and
will do all in her power to Sc
cure its completion, they have
pledged to give 100000 right
81 o
of way. etc. Milan and Bell
counties pledge szoo, 900 each.
What we want the city of.
Brennan, and Washington
county to do is to guarantee a
reasonable exemption from, tax
alton and $4,000 local aid,
The benefits to be derived
from a competing line were ex-
planned at length. The subscrip-
hon of $4,000 is not for the
benefit of Galveston, but for the
benefit. of the givers. In regard !.
to building the. road it can be I,
done very rapidly. Mr.. Brooks
built 500 miles ofthe Union Pac-
fc road in fourteen months.
The directors of the G., c and
S. F. railway will furnish $780,
900 to build the road to Rich
nond and SO soon as guarantees.
oflocal aid are given viii go to
New York and negotiate the
bonds. The road can be built
% Brennan in time to move the
,ext crop. No money will be
from subscribers until
he road reaches Washington
county. If this county fails to
the road cannot be
quilt; the present is the golden
'pportuny. The amount asked
$4,000 will be saved in freight