The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-02-03
CHEERING RAILROAD NEWS.

Until quite recently the rumors that tho
| Illinois Central Railroad intended to put up
| the money to construct tho New Orleans
| Pacific Railroad were very generally credited.
| and tho fact that President Clarke had been
over the line Of tho latter road with Mr..
Wheeloek gave color to tho reports. W.
'esrn. however, that II anything Of tho kind
WAS ever seriously contemplated u has for
some reason fallen through. and there ls now
nh entirely now programme which gives the
brightest promise Of an early completion ol
! thu road from this city to Marshall. Texas.
It 's alleged. upon what we believe to DO the
very best authority. that Ell arrangement
has been perfected whereby that railroad
giant, Jay Gould. and ono or two other mil
| llonaires In New York are 10 put up tho
| money to push tho road to aompletlon within
one yelr from tho time work ID commenced
under tho new regime.
We have not heard all tho particulars Of tho
| arrangement. but enough tn feel safe In pre-
dieting that we will have new road TO Texas
inside Of another year. There is considerable
philosophy In this now move Of Mr.. Gould'a
for controlling, NJ he now does, the Texas
Pacific. which is pushing rapidly forward to
meet HuutInRtons Southern Pacific. The
New Orleans Pacific becomes n very valuable
acquisition. giving him at once Southern
terminus for the great trans continental line
Mr. Gould now controls the Missouri. Kansas
and Texas road. which runs from Hannibal,
Mo. TO Dennison. Tex, and other connect,
Ing roads. tapping tho very heart Of tho rich
grain growing section Of tho great VEST and
with the New Orleans Pacific In his control
also he will have through limo TO Now Or
leans, over which he can transport grain In
successful competition with the Eastern
roads
In u recent conversation with a gentleman
OF this city Mr.. Gould inquired about the value
OF real estate In Now Orleans and Expressed
tho belief that It would rapidly appreciate,
FOR. said no. "In three years after the COM
pletion Of your New Orleans Pacific road, New
Orleans will export more grain than New York
and Baltimore put together This opinion
must have been based upon a knowledge OF
railroad combinations and improvements Ia
river transportation OF which tho general
public are In the dark, but 1t Is entitled to
great weight rs coming from man who has
n clearer vision into the future and larger
knowledge OF the causes which will produce
tho results he foresees than ordinary iniivid-
uaIs can possibly have. President Wheelock
is Mt present In New York, and We believe the
arrangements referred to, though not yet
made public. have been definitely agreed upon
~N Tho prospect for New Orleans is most as
suredly Frightening. The Morgan road. con
Meeting US with Houston. Tex~, Is nearly
ready for traffic; tho VIcksburE and Texas
Pacific will be- finished In time to take off the
cotton crop OF 1891. and tho New Orleans Pa
citlc will be built inside Of ono year. This
looks as II we should soon bs caught In the
whrl Of the progressive spirit Of the age.
and be carried forward to prosperity In spite
OF ourselves. 1t looks as II We will have to
bestir ourselves actively to keep abreast Of
the march OF events and be prepared for the
vast volume OF business which will unques-
tIonably have to DO transacted here We
should be putting our house In order for tho
now ora about to dawn upon us. and the first
and most important thing to be done Is to
make our city clean. With cleanliness there
will be- health. and, with health not even Jay
Gould can foresee the full brillancy OF tho
destiny In store for New Orleans.