The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1881-03-20
EXTENSION OF THE DENVER a
RIO GRANDE II. n. TO MEXICO.

voyage.
EXTENSION OF THE DENVER A
RIO GRANDE II. r. TO MEXICO.
The st. Louis Republican of March
10th, publishes an article OF the narrow
gauge railroad system of Mexico, which
gives information not before made pub
lie. The statement Is derived from the
highest authority and may be relied
upon. The Mexican government has
granted very liberal subsidies to the
projectors Of the enterprise, who have
organized under the name of the 'Mex-
lean national construction company"
with ex-Gov. Hunt, of Colorado, as
manager, and Gen. W. ]. Palmer and
James Sullivan, occupying high posi-
tions. The road is to be known as the
Mexican Central, and will be practically
IN extension of the Denver Il Rio
Grande road, although under a differ
ent organization. Under the provisions
of the grant, the Mexican national
construction company is required to
build,
First, an inter-oceanic line from the
City of Mexico to the Pacific ocean,
passing through Taluca, Maravatto,
Acambora, Morlea, Gamma and La
Piedad to M~anzanillo, or between that
point and Navida.
Second, an international line from
the City of Mexico to the northern from
tier, commencing on the most desirable
point between Maravatto and Morlea;
then through San Luis Potosi, Sattila
and Monterey to Laredo, on the Rio
Grande, or between that point and
Eagle Pass.
Although the grant was issued last
fall, but few if any of the details have
been published. The company is re-
quired to complete 277 miles of road
every two years. The ~inter-oceanic
line must be completed within five
years, and the international within
eight years. The required gauge is
three English feet. The company, in
transferring any of its rights, is re-
quired to finish its line before any part
of it car be alienated; any other COM
pany receiving such transfer must have
a capital stock of not less than one mil
lion dollars, ten per cent. of which
must be paid in and its liability limited
to par value on its shares. Under the
subsidy proper, the government gives
the company s11, 1865 per mile of the
road constructed on the line from
Mexico City to the Pacific, and S10,460
per mile on the line to the northern
frontier. The government will begin
to pay a subsidy on the completion of
the first % miles on the line from Mex
leo 10 the Pacific. Freedom from i'm
port duties on all supplies needed in
the construction of the road, is guaran-
teed by the government. Passengers
and merchandise in transit are not to
be taxed, or the mails either, all Of
which will be free from customs or port
duty for % years from the completion
of the lines, and freedom from all fed
eral, state and local taxes for so years
after completion. 1t is also guaranteed
to indemnify the government against
failure to build the line.
James Sullivan, one of the parties
asking the concession, deposited $780,
600 cash in the National Monte Dele-
dad, which is to remain on deposit until
81 miles of the road from Mexico City
to the Pacific is completed. The
amount can then be withdrawn and
substituted therefor an equal amount Of
first mortgage bonds of the railroad
company. The entire line when COM
pleted will be about 1000 miles long.
The Republican also has information
from a high official of the Denver &
Rio Grande company, that the road
will be completed to Laredo within two
years. The line is now finished to Santa
Cruz, New Mexico, and is being vigor-
ously pushed southwark. An incom-
pleted road from Corpus Christi, Tex,
at the mouth Of the Rio Grande to
Laredo, has recently been purchased by
the Denver & Rio Grande company, and
a forty mile gap in it will be finished as
speedily as the gradings and track
laying can be accomplished. When
this work is done it will afford connec
tion between Laredo and Galveston,
New Orleans and other ports. and he n