The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1883-04-03
New Orleans Picaynne, 18th ult.
The Invasion of Mexico.

"Anyhody can build a railroad with
money!" said railroad official few
years ago, when the methods of the
Wall street wreckers were developing in
/, heir beginnings. "but it takes a..
smart man to build one without anv."
People are more experienced now, and
there are good many such smart men.
M question is possible that if Grant
and Gould should project railroad from
Fort B .nton in Montana to Fort Good
Hope on the Mackenzie River about the
6S.h parallel, and thence crossing the
range in general westerly direction to
Fort Yukon in Alaska, to connect with
steamers on the Yukon River, they
wouhf sell stock, first mortgage bonds
and income bonds in attractive blocks
10 the extent of al least S23 ,000 mile
before the first one hundred miles was
built, and could actually build the entire
road and get ont We showed recently
how the bes: managed of all the Mexi-
can roads is costing the Mexicans one
price in cash and two prices in perma-
nent incumbr ance. Gould's international
is another illustration OF the system
The hold advertisement that this road
can he huilt for Sl2,000,000 is not an
exaggeration, for i, runs most of the
wav through the borders OF the tierras
calientss, and has comparatively little
difficulty in ascending through HidaIgo
TO the central plateau. The MexicaDs
give it Sl2 S75 per mile 10 begin with.
say $7,725, 900, and Wall street cooly
proposes to put on it $4,000 per mile
stock, say sl2 100000 and S25, 900 six
per cent. bonds for 500 miles, S12,5O0,-
COO, and $40, 900 per mile for 100 miles,
"a, 900, ,0G0, total of S2S,500,000 pa
paper, plus S7,725, 900 subsidy is $50,
225, 600, less cost S12, 900, 900, is S24,-
225, 900 profit for the magnates open AMI
avowed before mile is finished, saying
nothing OF the branches to Vera Crrz
Tuxpan, Tampico, Papautla, Nautla,
Ma,amoros. San Luis Potosi, and the
Pacific coast, or Of the 1000 miles OF
the Mexican Southern II it makes a
similar profit on the 800 miles Inter
national branches and ON the Southern,
the whole 2400 miles will yield the pro-
jectnrs three times 24,0O0, 900, or S72,-
900, ,0C0 profit on the Gould-Grant Mex,
ican concessions, before any earnings
and without the slightest reference to
any earnings. Add the Guatemala con
cessions to the same people, aud their
scheme in British Honduras, about
which that colony is excited now, and
all this is but one wing, as it were, OF
tae invading army. We might arrange
the host in battle array, with Gen Pal.
mer in command of the left centre sd-
vsnced, Gen. Nickerson Of the right
centre advanced, Gen. Huntington ofthe
heavy forces msssed On the right, Gen.
Grant of the left wing, and Gen. James
G Blaine, with, Fred Grant as Adjutant,
in command Of the Topolohampo re-
serve. This Topolobampo affair is no
small thing, either. In it are Senator
William Window, ex-Secretary OF the
Treasury, John Price, E Prince, T. B.
Lewis, land score OF other we'll known,
prominent and sagacious capitalists and
inancers " Col. A. K. Owen, cele-
brated American engineer, is in it, and
its Topolobampo terminus has been
named Cor zales CITY, in honor OF Presi-
dent Manuel Gonzalez The road will
be as nearly as practicable an air line
from Eagle Pass or near there, in q
south westerly direction, passing through
the southern part of the State OF Chi
huahua, and possibly through Parral
Hidalgo, an important mining centre, to
the Gulf of California some thirty miles
south of the boundary between the
States of Sonora and Sinaloa. The
route is rich in natural attractions, agri-
cultural, horticultural, mineral; and our
hardy pioneers are now busily explor-
ing the fl,nks Of the Sierra Madre in
every direction, digging among the ruins
OF forgotten old reduction works in the
endeavor to appropriate the silver bo-
nanzas which abound. Huntingdon g
4400 mil concessions have a strong
hold of this region, and the Bostoners
also are now penetrating it. These
roads arc longitudinal, but Blaine's To-
polcbampo IS lati,udinal or "trans
con,inental" line, crossing the ranges
and yoking the Texas railroads to deep
water on the California Gulf. Silver
and Paper! Finance and Romance
The American Miners will secure the
treasures in her mountains. The inan-
ciers will sieze the taxes and faiten up
on the toll of the people.