The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1881-03-24
JAY GoULD's TEXAS TRIP.

The greatest railroad builder and
stock jobberofthe age reached New
York, from his Texas trip, ON the
18th. He and the other gentlemen
who accompanied him, express great
satisfaction at the result of their oe-
servations, and are satisfied that the
future of Texas is to be grand be-
yond present contemplation. The
effect has been that the ener-
gies of the Gould syndicate
will be more earnestly exerted in
the development of the great south
west. They were much gratified at
the condition of the roads and the
prospects of future business. AS to
the management, everywhere there
had been found disposition to-
wards the harmonizing of interests
and the development of the country,
which was certain to produce good
results. All we're much pleased at
the general condition and appear
ance of the country and the pros
poets for crops. In regard to these
enterprises in Texas aud Mexico Mr..
Gould said to q reporter:
''The work on the Missouri, Kan
sas and Texas and the Texas and
Pacific roads is being pushed as
rapidly as possible, and it is thor
oughly good work. There is no
reason to doubt that the gap from
Denisoh, on the Missouri, Kansas
and Texas road to Laredo, Mexico,
will be completed this summer, and
the connection between the Texas
and Pacific and the Mexican Central
at Ell Paso will be made by January
next. Work is also vigorously un-
der way ON the extension from
Shreveport to New Orleans, which
will open to the latter city the
trade of a rich country. The
Missouri Pacific system will work
in accord with the Mexican system.
L share Gen. Grants faith in the
success of the American and Mexi-
can railway connections and feel
sure that there will be very rapid
development of the wealth of Mexi-
co by the fresh Northern blood,
muscle and capital that will attend
and follow the Improvements now
under way. There may be some at
the start, but these will be over
come"
Mr.. Gould said it was true as re-
ported that he had subscribed $780,
900 towards the establishment of a
daily line of steamers between Gal
weston and Vera Cruz, to be en-
ployed in connection with his rail-
road system. "If the citizens of Gal
weston accept my proposition" he
said, "and add another 100000,
the line will be established and it
will greatly enlarge the trade of both
Galveston and Vera Cruz" AS to
the ST. Louis, New Orleans
and Foreign Dispatch Company,
or barge line, in which he has also
become Interested, he said: "The
prospects of the company doing an
immense carrying business are very
encouraging. 1t has now a large
number of barges and many more
have been ordered. Six barges COM
pose a fleet, to be propelled by a
large towboat capable of transport
ing 700 car loads of grain. The line
is already of great advantage to st.
Louis, and it promises in time to
make that city not only the grain
mart of the Mississippi valley, but a
rival of Baltimore and New York.
By means of barge transportation
there is a very important saving
in shipments to Liverpool" Mr..
Gould also confirmed the re-
port that he had purchas-
ed an interest in the Vulcan
Steel and Iron Works at Carondelet,
and said they had an important
future before them in supplying the
steel rails for the roads of the South
western system. AS to the trip in
general, he said it had been fruitful
in surprises, and the high opinion of
the Southwest with which he had
started had been more than con-
firmed. The tide of emigration, he
says, has already set in that direc-
ton, and the coming season will
witness a much larger influx not
only to Texas, but Arkansas and
Missouri" -aa