Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-05-18

order of the day for all years to come.
Hope. with her ever alluring mirages, will
sustain the AIicawbers OF all lands. But
the cold glittering facts are that capital is
necessary to build railroads and that CAPT
tai will not be expended for the glory Of
the achievement-there must be millions
in it, and a reasonable supposition that
the return viii be equal to the expenditure.
Capital is said to be timid. and until sat-
isfied with the feasibility of the venture,
nothing can be more so; but capital is
ready and anxious to find place in which
q safe investment can be made, and when
once satisfied nothing can be holder. Rail
road building has been one Of the most
fruitful fields for the investment Of capital
that has vet been found. and the success
has, so far, been rather Indifferent. More
caution is now used than was thought to be
necessary IN the past. Sometimes there
are spaSmodic contractionS of capital which,
for the time being, paralyzes all kinds of
business, and usually following this comes
reaction of activity.
The United States are just now beginning
TO get over one of those cramps OF capital,
and We can expect a renewal OF activity IN
the near future. Among the enterprises
which have been deferred in the West
owing to the uneasinesS of capital Is better
railroad connections with our sister repub-
lie on the south. The natural point of con-
nection between the two countries for the
West is at Ell Paso. The trade ceuterS are
clamoring for more railroad connections
with Mexico, and already there are three
trunk lines being projected to that point
from the cities of the central states. The
question of interest to all is which line will
first be built and through what sections
will it pass? No one ever has any definite
information in regard to railroad building
until work is ready to begin; the best We
can do is to conjecture. We know that
there is determination to build through to
FL Paso on the part of one or more rail
roads, and the only uncertainty is through
what country will this road. or these roads,
pass in coming from their present western
terminals to FL Paso.
A Typographical survey of the country
will convince anyone that the most feasible
route is to enter the PecoS valley at some
point between Fort Sumner and Roswell,
and traverse the valley to the Felix: thence
across the divide between the Felix and
Rio Penasco; thence up the Penasco and
through the pass between the Sacramento
and Guadalupe mountains. This will be
the most direct, and at the same time the
most practicable route that can be selected.
Already there has been two or more pre-
lininary surveys through the country, and
we feel assured that a satisfactory route
has been determined upon as indicated.
The chief question is, when will work be-
gin on the construction of 4 road. and from
what point will it begin. The Rock Islands
present terminus is at Liberal Kan. and
they are anxious to get through to the
Mexican border, and SO soon as the strin-
gency in the money market abates they will
make an effort to build through ahead of
any other line. The Southern Kansas
coming from Kansas City southwest. has
its present terminus at Washburne. in the
Panhandle of Texas. In order to make
their road pay it will be necessary TO get
through connection 10 some point with one
of the trans-continental lines or to Mexico
Both of these roads will have TO cross the
Pecos valley, and in so doing they will nee
eSSarlly have TO traverse it to some extent
i'll order to secure practical pass through
the mountains.
Besides being the most direct route, the
road will open up one OF the finest agricul-
tural districts in the entire West. The
Pecos valley alone is attracting the atten-
ton of capitalists all over the United States
and with the opportunity for a railroad to
intersect the finest portion of this now IA
nous valley we have every assurance which
Intelligent tinanciering can offer that among
the first railroads to be built from the Kan
sas and Texas terminals will be one or more
through the PecoS valley That the town
of Roswell will eventually be the railroad
center of Southeastern New Mexico there
can be no doubt. 1t is geographically stu
ated so that in getting in and out of the
valley, on any of the proposed lines, 4 de-
tour would be necessary in order to avoid
passing through Roswell: and then it is the
head of the principal water supply, the ar
tesian center. and the natural point for the
future city in the Southwest