The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1878-05-25
SAFE AT LAST.


nosdsy night absolutely guarantees the
entire safety OF the charter of the Dallas
and Wichita The resolution adopted,
requiring the trustee to turn over the
bonds upon the completion Of the road
To the point named, is wise one and
only now occupies the ground DR.. Reed
took in January last. II this action
could have been had then, instead Of
diminishing TO save the charter, the
problem would have been discussed rs
to the ways and means Of pushing the
road forward towards It's final distena-
ton in the Wichitas Thongh tardy
aud much later than it should have
been. the action Of the council. con-
sldering all things Is wise and just. As
the matter now stands the Rolling Mil
and DR. Reed are both deeply interested
ia pushing the road to the point named
by the time specified, the former 10
the extent OF one hundred and twenty
five thousand dollars in bonds aud ono
hundred aud twenty sections Of land,
and the latter 20 the extent Of 6fty
thousand IN bonds This hopeful situa-
sion as We said above, Iusures the com
pieuon o. the read 10 the point neces~
sary 90 save the charter. aud thus the
interests OF the city are cared Tor There
Is not. nor can there be. the smallest
loubt.hut the road vii. be rapidly push
Ell forward beyond the point named, be-
cause Il now offers one of the best
investments Tor railroad capital and
I experience IN the south. The gem
[ time since. and who went away because
OF the failure Of the council 90 act, will
undoubtedly return and strong com-
bination OF capital, energy and experi~
| ence will bc the result, and from which
must be evolved, the early completion
OF the road to a point at which its effect
| IL necessarily bound TO be of infinite
| service to the trade OF Dallas. Ii will
be seen that the Rolling Mill has II,
least i've times as much interest in the
completion as DR. Reed has. The doc,
I tors interest was quite sufficient to in
sure the safety Of the charter, to say
nothing Of the Rolling Nills and other
large interests. There is no good citi.
zen Of Dallas or Of tho counties peuetra
ted by the road, but will rejoice with ui
/ IN this hopeful condition of this most
important enterprise. While the time
fixed by the council for the completion
= short, yet every energy will he bent
to meet IT, aud we doubt not but entire
success will be had. There is about
eight car loads OF iron yet necessary
and wc understand that it Is ready a.
the Rolling Mil lor shipment and il
ought TO Ice pushed forward at once, arc
doubtless will be. The only regret il
this connection Is, that the iron had no
been ready in February while DR.. ReeC
had his construction party thorough,
organized and in hand. Better lat,
than never however, il a good sayin,
and fits this case most admirably, so ia
~ the true interests of Dallas are con
cerucd There has been an ineredibl,
amount Of bad feeling growing out o
diverse aud conflicting interests in thi
matter, which We devoutly hope will nov
be hsrmonized and TO the sole end tina
the road may be completed not tina
private individuals may be served alone
bat that the trade OF the city and tn
development Of the tributary territor.
NAV be secured The council has don
we'll to guard carefully the interests Q
/ the city while they break the dead
lock 10y turning over the bonds in quei
ton. The reservation Of the ten thou
sand dollars in bonds make.
everything absolutely safe, even
the Rolling Mills and Dr. Rec
had suffered their feelings of resent
ment to carry them to the point OF sac
rihCing all the tremendous interest
they have at stake Ii is not possibl
that any more local or general war wi
be carried on. but that both partie
will work like ants together, and W
don't care very much whether they Low
OF hate, 50 action is had, the charte
saved aud the FINAL completion of tn
road IS secured This is what Dalla
means by the action OF her council, an
this is what the necessity Of the situi
ton demands. We congratulate tn
city and the road, that the point has q
last been reached, which insures a mu
tual interest in an effort TO secure
: common good.