The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1878-02-09
THE cREDiT or the DALLAS AND
WICHITA.

will not fail TO see that the credit O
; the company" is the sub ect OF this, as
was OF our first and second articles, an,
that it is this which is interesting an,
exciting Director" We deem it psope
to say here. that in alluding /,
the wretched old management. ",
had this same Director" principail,
in view, aud it was in the hope of ulti
ma.ely improving thecredit of the road
by driving him off the management
that THE HfaALB presumed to raise it
hand against the angus. vicepresidenl
and adirector who has thirty thousand
dollar claim against the road. /. has
been the rule that whenever line o.
any kind was written by any other than
Director which effected the Dallas
and Wichita directly or remotely, "Di.
rector" Immediately rushed into print
and usually repeated himself as long US
the paper would publish the cards, no
tees, etc. We will have more to say
on this point further on
Our idea is that unless the road goes
beyond Lewisviileto Denton and Deea,
tur, aud that before any more two or
three years, halts occur the eonsidera,
ton for which Dallas voted her bonds,
Will have failed Now, while Director
was president the failure 70 do anything
else than 70 pile up that ponderous
thirty thousand dollars on such slender
grounds, as well as other debts, was so
evident that we looked upon his re,
entry into the directory and the high
position in the management To which he
elected himself, with many mis-.
givings as to the future progress of
the road after its completion to Lewis.
Vile. Director" was, and is the prin,
cipal man alluded to when we spoke or
speak of the old management No 9th
er save himself could possibly mistake
US on this point, Some other and less
interested management must be given
the Dallas and Wichit,s, or the city
bonds will 90 where the sixty four land
certificates have preceded them, and
Dallas will have to pay interest and
principal to build up another railroad
terminus within twenty miles of her
corporate limits. The danger OF this
result Is so imminent, tha. We would
see the old management superseded,
aud in the absolute certainty that We
could not make matters worse by 81
doing
Whatever of a personal nature in
our second article which might have
been in offensive to Director was
called ont by the scornful advice given
TIE HERALD, as to the character of
articles which ne wished not to see
published aud the assertion that
our object was solely TO murder
the credit % of the road. when he
knew as well as We, and all others
know, it is, and was az dead rs Hector,
with every one else save snd except DR..
Reid himself,
Director" seems to feel somewhat
that we made use of p former ad,
mission OF his own with regard to his
election as vice president His was
the only case on record, so far as had
come to our knowledge. ghere an Off
Ger had been elected by his own Vote.
but then the other gentlemen could
not present such heavy {iron) argu
ments to justify an election to the
directory, or to position in the
management
Captain CASTOR is worthy gentle,
man, good business man, but has
little or no experience in railroad mat
tiers. Doubtless he would prefer TO see
an active and capable man OF experience
in his own position. He is modest, and
rusbes not into print every time
heart sick taxpayer has q plaintive note
of dissent at some feature of the truly
"wretched management as does the
more belligerant yioe-prssidant.
We confess that we know very little
about the Business OF corporations,
when men can pile M stock enough. out
of thin air, 70 entitle themselves to
votes enough to command place on
the directory, and the second place in
the management. BY the rule laid down
by Director" he certainly cannot be
called fool
: We do not take the management OF
"our eoinpanys business into our
hands, but where the interests of our
taxpayers are affected by 'oura com,
panyis management We do Claim a
perfect right TO say some lining. especial
~ as that management has practically
failed to do anything so far.
but build twenty miles OF
road, and collect tax especially
when the twenty miles had better never
have been built. Il the roa lis to stopthere,
that is 50 far as the resident taxpayer OF
Dallas is concerned
The only time we ever saw. or expec,
to see, the color OF DIR. Reds money
was when he paid US ten dol
lars for printing done for the 'old
management" after we had lugged
the bill to them only a few
hundred times. So much for the
.rumor." that no one other than aDi~
rector ever heard or dreamed OF. We
do not hesitate to declare that we do
remember the conyers alton had about
the 18th of December. and we do not
hesitate to give our readers the benefit
of IL
The substance was about this DE-.
Calder (he wasn't Dire csor'' then), an.
swered a brief local article Of ours. DR..
Reid replied. and after the subject had
been exhausted, werefused to publish
any more from either party without
pay. and then only as IN advertisement
To the last clause Of DIRECTOR com
manication. We answer Ii the exten.
sion deperds on The good standing and
reputation OF the management. not rs
men b.ai sx !, s,.ax, ssr,ay,s The so,nay