The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1880-01-29

Judging by what we already have haC
of railroad tyranny royal mastel
would be the least of two evils. Bu
We must save ourselves the trouble o.
revolution. We must scotch the
snake now, before he can fasten hi
coils around our institutions and par
alyze all onr enterprises. A war or
railroads would be a popular war,
There can be but one decision where
the life of a railroad monopoly and
the life and liberties of the people are
in the scales. The railroad must 90
to the wall. And it is fast coming to
that.
Another big scoop has been made in
the purchase of the New Orleans, St.
Louis q Chicago railroad, better
known as the "Old Jackson Route" ("
and its branches, by the Illinois Gen.
trail Railroad Company. Definite in
formation as to the details of the agree.
ment are not given, but it is under
stood the stock of the New Orleans,
st. Louis d Chicago company is to be
retired, and the stockholders are to
receive one share of Illinois Central
stock for every two shares of their
holdings.
Memphis Appeal; 1t was rumored
yesterday that movement was near
comsummation in New York for the
purchase by the Charleston railroad
lessees of the Memphis d Little Rock
and the Little Rock Il Fort Smith
railroads, with view to the formation
of grand trunk road from New York
to F.rt Smith. If this is true, we
may soon look for work on the
other side of the river, looking to
Texas connections independent of the
Iron Mountain railroau."
Memphis Appeal: The purchasers
of the stock ofthe Nash 7ille and Chat
tanooga railroad can now put their
hands in their pockets and subscribe
to pay the expenses of the law suit
begun by the advice of Charles O'Con-
or, on behalf of the creditors of the
State. Perhaps they have not thought
of this, and perhaps they have not
thought of the possibility of the cred
itors winning that suit and gobbling
the railroads, stock and all.
The Chattanooga Times says: "The
corporations which are trying to Sc
cure control of the w. and A. will
meet the opposition of the man whom
President Davis failed either to beat
or circumvent during the late war.
Gov Brown never was beaten in any
contest he undertook, and he is in his
war TO stay, and please recollect that, |
Messrs. Standiford & Co.
Springfield Record: The Engineer,
ing corps Of the o. q N. Ry., didn't
scoop" worth a cent. They began |
the location from the pike. southeast |
of Springfield, in the direction of Nash
vile, last Monday morning. The
work goes bravely on, and if an ILL.,
wind don't interfere they will dodge
the SCOOP" and build the road any
how.
Pulaski Citizen: Work on the ex-
tension of the Duck River Narrow
Guage commenced near Fayetteville
Thursday. The contractors are re-
quired to finish the road to that place
by July !, but is thought they will
it long before that time.
The Illinois Central railroad will
soon give their annual statement to
the public. and it is understood that
the earnings will warrant the pay
ment Of a 4 per cent. dividend. 1t is
believed the directors will not pay
over 81 per cent.
The Chicago, st. Louis and New
Orleans railroad, controlled by the
Illinois Central will show by their
annual statement. to be submitted
about month hence, a gain in net
of $500, 900 over 1873.
Nashville American: When we get
On the rampage over railroad scoop
we show our teeth, but the paragraph
c fiend who calls us Gnashville should
order his casket before further ad-
vance in the price of iron.