Brenham weekly banner. [volume] (Brenham, Tex.) 1877-1907, 1882-05-18
For Capitalists-The Z. d: and $. F..
Railway.

Nearly all the railroads built
and now building in Texas are
built with foreign capital, that
is capital owned outside of the
state. Texas is a new country
and her citizens as a general
thing have no surplus capital
that seeks investment for the
mere sake of investment, as
distinguished from active bust
ness or short time loans; this
being the case the large capital
lists of the east have been Undue
ed to take railroad bonds and
build our railroads. When a
capitalist invests money in rail-
road bonds he wants to be as
sured that the railroad enter
prise he is helping to inaugurate
has a reasonable chance to be-
come paying institution; that
it will at least make money
enough to pay its current ex-
penses and the interest on the
mortgage bonds. In order that
a railroad should pay it stands
to reason that it should be built
through a country that will af-
ford it traffic, or that it begins
and terminates at point that will
give it business. The Gulf, Col
orado and Santa Fe contem-
plates the building of what they
denominate the eastern branch
of their road. AT present Nav
asota on the Central road is the
point to be reached, and from
Navasota the lumber region or
pine section OF eastern Texas;
at present the road is extended
to Montgomery county. The
portion of the road unbuilt is
the matter now under consider
alton; the managers of the San
ia Fe road seem to be consider
ing how they can built the east
ern branch to Navasosa without
starting from Brennan. Up to
the present time Brennan has
furnished the Santa Fe road
more freight and passengers than
any point on their line, and it is
considered to be the best sta
ton on their road. Since the
line up the Yegua bottom
through the elm slashes has been
abandoned a new route is now
being surveyed; it will be a bet
ter line, the elm slashes will be
partially avoided and a post oak
sandy section of country
will be struck with but
few if any more settlements than
the Yegua bottom route; it will
take from five to ten years to
develop this stretch of country,
but then on the other side of
the Brazos river a plantation
owned by any one OF the Santa
Fe directors will be brought in
to connection with that line,
though it is only few miles
from the Central. The distance
from Navasota to Lyons is some
six or seven miles further than
it is to Brennan, and when
Lyons is reached there is only
sparsely settled country to sup
port it, and for years to come
there will be but a scanty local
demand for lumber, BRENNAN is
already an established business
point. it supports two large lum-
Der yards and one more
modest pretensions; the county
is already thickly settled and
there is a daily growing demand
for lumber, and in addition the
territory up the western branch
of the Central to Austin and
down to Hampstead is open as
a market for lumber. Right of
way from Navasota to BRENNAN
will be given to any company
that will construct a railroad be-
tween the two points, and one
can be built for less money to
Brennan than to Lyons, or Sny-
der's camp a few miles this side.
What is here stated is the bot
tom facts in regard to the pro-
posed lines, and when capitalists
are called upon to invest in con-
struction or mortgage bonds for
the eastern branch of the Santa
Fe they should send an expert
out to make a personal inspec-
ton of the territory and sur