The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1880-03-18
COMMERCE. AND INDUSTRY.

The Wisconsin Legislature has adopted a
joint resolution, asking the passage of bill
by Congress for the reduction of the tariff on
printing paper.
Surveys are being made for the new road
to be built by the Union Pacific from Chey-
enne to the Yellowstone National Park, a
distance of about $50 miles, of which some
125 miles, to the North Platte River, north
of Fort Laramie, viii be constructed this
year. A branch of this main line is also to
be built to the Black Hills. A branch road
thirty miles long viii also be constructed
and completed from Echo TO Park City,
Utah, by August, tapping the Ontario silver
mining district.
The House Committee of Railways and
Canals will report favOrably Representative
UpsOn's bill, authorizing the Secretary Of
War to contract with the San Antonio and
Mexican Border Railroad Company for the
immediate construction of a railroad from
San Antonio to point on the Rio Grande
at or near the town of Laredo, for the pur-
pose of establishing a postal and military
highway from the United States military
headquarters at San Antonio, Tex, to the
Mexican border. The bill provides that the
Government shall guarantee the bonds of the
company to the extent of $4,000 per mile
on its entire property. The bill further pro-
vides that the entire line, from San Antonio
to the Rio Grande, shall be completed with
in two years from the signing of the contract
with the Government.
The Union Pacific Railway Company, on
the 9th, by order of Jay Gould, took forci-
BILE possession of the telegraph business
along their lines, by abruptly severing the
Western Union s connections at all principal
points and making connections with
their own offices. The Ameri-
can Union Telegraph Company, OF
which Mr.. Gould is the principal pro-
mOter, will succeed to the business, unless
the courts decide that the Western Union
Company own the lines, as claimed by them
by virtue of their contract with the
Union Pacific Railway Company. The
| Western Union Company had already OBJ
tanned an injunction restraining the Unior
| Pacific Company from interfering with theil
lines, and an almost endless litigation seem:
| likely to result from the proceedings al
ready taken.
The Atchison, Topeka and Santa Fe Rail
road Company have obtained from the Mex
| lean Government franchise for the exten-
! sion of their line through the State of So
nora, TO the port of Guaymas, on the Gul
! of California. The Mexican division of th'
road will be known as the Sonora Rail
way. Guaymas is about 500 miles il
an air line from Santa Fe. TIL,
route has already been mostly surveyed, anC
the work viii be pushed as speedily as pos
sible. The rails for the Mexican division
are being purchased in England, and will b.
landed at Guaymas duty free. Guaymas ha
a commodious port and enjoys a large coast
ing trade, and it is said the bulk of the bust
ness from Australia, New Zealand, AM
South and Central America can reasonabl
be expected to center there when the trans
continental railway is completed.
The public debt statement for March
shows decrease of the debt during Febru
airy of S5,672,019; cash in Treasury, $196,
351, sos; gold and silver certificates, S19, ,452,
250; certificates of deposit outstanding
81, ,4s5, 900; refunding certificates, 81 ,SS3
$50; legal tenders, $346, 742, ,271; fractions
currency, S15, ,631 ,311.0S.
Jay Gould, accompanied by number {
his business associates, left New York on tf
I 2Sth for a visit to the Southwest. tits sal
he viii spend several weeks in looking oyC