The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-06-11
AN UNNECESSARY APPREHENSION.

an early collapse 1t has now been eigh
years since Jay Cooke failed and so brought
about such very general collapse that i
hss taken US many years to arise from. Thii
was, we all distinctly recollect. from toe
extensive branching out with his gigantic
railroad schemes, especially the Northern
Pacific; how soon this o'her Jay
tho railroad msgnste Of to-day, as his
namesake was then, will cook the
commercial and financial goose, through q
similar OVERRIDING Of immense projects, or by
his death, or by soma other thing. and the
country again be plunged into panic, we
cannot say. We can reasonably hope, how.
ever, for an exemption Of at least two or
three more years longer, ss financial panic
visits us about once every ten years and
somehow, strangely enough, as has been OBJ
served, just about the time tSe sun spots
assume certain phase, and which will not
be for some three years yet. SO tho Graphic
may rest easy for while. Besides this,
that journal forgets that pretty much
all .this railway building is being
doIe in the south and west, and
proportionately, the larger portion of it in
Texas We are building through country
of most magnificent climate, where trains
may run regularly in all seasons of the year
unchecked by leo blocksdes and SHOWS,
through soils where nature exhibits peren-
nisl grandeur and wealth of production;
and hence where business will await the
railway enterprises from tho coming 10 of
new year until the going out thereof. he,
membering that Texas is six times the size of
New York, and every foot of her area NEST
admirable for some particular product; that
she is larger than all the New Engand states
combined with New York, Pennsylya1ia, New
Jersey, Delaware, Ohio and Illinois; that
she is twice the sizs of Great Britain and
Ireland; aud that she is without! tho inevi.a.
bic mountainous rocky soil and morasses of
those states and countries, We may safely say
that this great Empire state of the south aud
the world, can easily support population of
90 OOOOO people, and be grldroned with
the iron bands. For here grow the cotton
from which alone soma of our states have
gained their annual living, hero we can rival
The sugar of Louisiana, the rice of Carolina,
the hemp of kentucky aud Missouri, the
corn and tho wheat Of Iowa, Illinois and
Minnesota. Here is pine that equals the
ong leaf of Florida, cypress that surpasses;
hat of even the Sugar Bowl state
here can be cultivated fruits of every ysris,y.
Hero too are live stock of every description
And here too, locked in the bosom of her
northwestern district, lie in rich abundance
he buried sunbeams of other ages tina. went
Town in the carboniferous era, and that loving
he flower and the leaf loved them and so
quilt up the trees and then desc ended with
hem into the prison cells Of the deeper earth,
emained thus imprisoned through all the
ransmutations from woody fibre to tar
itch, Ignite, GOALS, until these black dia.
nonds are now ready to be put again into
ervice on the surface GA Texas prairie and
make our cities busy with the hum of in.
ustry that its latent force can beget
les, Texas is replote with not only this coal
ut with every species of mineral wealth,
nd it needs but the iron horse to convey il
market in the interest Of the world. III
old and bleak and rocky Massachusetts can
ustain a population Of 200 souls to the square
ale, surely Texas, with all these advantages
nat Omnipotence has intermingsd in delight.
al confusion.and singular profusion upon
er living crust AMI in her cemetery depths,
an maintain the same proportionste number
fpeoplo,or so 100000, to say nothing strong
r. No,no,the Graphic need not fear that rail-
'ay construction is progressing too rapidly,
t leastin this section Of the country. We
fish to see still greater progress made, a
rogresa that will speedily link us with the
cry centre of our moro dusky neishbors of
30 South whose lands hide many an ems
aimed corpse of purest silver in some cr,,
,aline companion metals or mineral, and in
those rocky treasury we must ihaugurate
40 reign of life and energy where erst has
cen naught but the silence Of death. No,
1t the railways come and in their train all
nose enterprises that mock the Malthusian
leory of population outrunning production,
nd with. them likewise let u, have the Drawn
nd the brain from those enersizing ATTITUDES
here flourish those grand industries that
lake man an honor to his race, and this
ountry tho pride Of its people and glory
, this sphere. flour northern friends are fear.
ii of a collapse, let them come to this our
'rrestial paridisial garden of tho word |
hey will bo welcomed and protected in any |
nd all OF its sections, while thoy Mood have
o apprehensons Of too much rail.
'sy construction or other progress.
70 corrobatory Of tho above we read in the
lew York Herald of Tuesday tho following
hitch will especially apply to this section of
,e south: 1.-The era Of political quiet and
ldustrisl prosperity that has dawned bright
7 upon the southern states is ono of tho
lost encouraging signs Of these bright times.
'wenty years ago tho south was in the DO,