The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-04-17
STATE CAPITAL GOSSIP

Alcalde has been dangling MS legs u'e' "
edge OF OPEN candidacy. last year nv
bounded into the ring and went out VI IL
with equal dispatch. Now comes 'he s'V''
that he has at last determined to put MS
prestige to a final test 10y an cary Az,
| nouncement OF his willingness 10 ssI,e 'rv
people again In the executive Vhait'
| is said that the old gentleman eNptVls ~
politicians OF high and low degree 10 usu1
him, but that he anticipates an up,'s.ue
of the people. stirred by his popu'ati!,
that will cohfound them. lie heIeNvs' 80
the report goes that his candidacy VIII Q,
fer n railving point for both gold and Sill
yer democrats. and that he can thus pe
instrumental in rcuniting the alleged iac-
tiuns OF the party.
The Old A,cades probable candidacy
serves to complicate situation ar'au!
mixed. The indications BOW are tha' 'ne
number of guhernatorial cana'nates ua1-
loted on by the nexa democratic state eoh-
vention will be as large as the total mum
Der OF candidates, before all prior conNeh-
lions since reconstruction.
The recent conference between Judge
Reagan and certain friends who approached
him on the subject of the govcrnorship
has left his candidacy still in an uncertain
stage. The gentlemen who discussed the
eubject with him were Senators Colquitt'
Wayland and Woods Judge Reagan avow-
ed his wish 10 be governor, but declared
that he would not make a contest Tor tnt
office. II IL would come to him unsolicited
he said he would like to have It, He also
said that he contemplated writing a book
on the Confederacy. and that this design
would probably he defeated If he should be
elected governor.
The fathers of the Reagan boom for
governor are not satisfied with this at
ttude and 1t is understood that before The
session of the legislature is ended they
will hold another conference with Judge
Reagan and advise HIM 10 openly
announce as n candidate and to make an
active race II he expects his name to 70
before the State convention Otherwise
they say his following will be pledged to
other candidates.
Mr.. C. NJ. Wicker nf New York. vice
president Of the Fort Worth and Rio
Grande railroad. was an interested spec
tator last week of the proceedings of the
legislature l asked Mr.. Wicker when
railroad building would be revived in
Texas.
mot until popular sentiment and the
laws of the State recognize the right ca
those who put money in railroads TO earn
dividends upon their Investments was
his reply.
Are not the laws of Texas as friendly
toward railroad corporations as those OF
most OF the Statcs?" / asked.
II will cite you an illustration" he re-
piled "a bill was recently introduced in
the legislature Of Massachusetts permit
ting municipal corporations to reduce street
car fare 10 l cent but it provided that
before any city takes advantage OF the
measure. it must guarantee dividends Of
per cent on street railway property within
its limits, The author OF that bill intro
duced another making the railroad fare
between any two points in the State only
% cents. 1t is, however. provided that be-
fore putting this system in operation the
State must guarantee dividends Of per cent
TO the railroad companies Vow will OBJ
serve that while they propose to regulate
fof"0SaAops up there,- they .aTs. willing
money is cheap in Massachusetts,. People
are not afraid 10 invest there In large en-
terprises. Tie actual value Of money as an
interest producer is the value Of govern
ment bonds In this country it is Sla per
cent The difference between that rate and
the interest rate paid in ans community
is a premium paid for what is considered
as more or less hazardous loan"
Mr. Wicker referred to the alien land
law as one Of the causes that had operated
TO keep capital ont OF Texas and was much
surprised when the true story Of that much
misropreecnted measure was told him He
Insisted, however. that ag a new State
Texas should invite and encourage invest
menis, and that its present policy is hostile
10 them.
That Mr.. Wicker's views on other Texas
legislation are rs erroneous as his infor-
nation touching the alien lard law is
undoubtedly true. 1t is also true that these
erroneous Impressions are shared by many
Of those who, like him. hold Texas rail-
road securities. and that the result is
Injurious TO the State. 1t is a nifty that
some effective method can not be devised to
set Texas right before the world There
are those who would make defiant and in
alherent reply TO complaints such as those
uttered by Mr.. Wicker. but such A course
Is graVely mischiovous. The simple truth
is that Texas sentiment. as represented ON
ihc tarm, in business, in the professions
and in the legislature. stands for tn. ,nost
rgld protection to All property rights
whether Of corporation or OF individual
That truth should bo known NJ all men. II
has been ohscured nv the supposed ext
iponsiblc for the exagveratious which have
gone abroad should 10 tardy Justice by |
them.
good story Is told on Representative |
Byron Drew of Kaufman He is an ardent |
Importer OF the fee bill and has watched |
is progress in the house with the fondness |
which hen feels for her chicks. But MIR. |
rev was not present at the final charge |
4 the first fee bill battle-and thereby |
anes the story. pleasant sail up the |
axe had been arranged for the afternoon
mat contest. IL was not confined alto.
ether TO the masculine persuasion. Editor
rev did not think n vote wolili he reached
ma nc was further supported ny the fact
nav heprcsen tatiye Fisher Of The opposito
Ide was with the boating party, nsuring
forced pair for him in any event. As
ne boat pulled away from tho shore MIR
lsher Jumped to land. and when MIR,
rev discovered this coup d'etat IL was
10 late to follow the nerilous exampIe.
Now the fee billers claim that the antis
NJ up job on Mr.. Drew, and the latter
~ fight shy hereafter Of BOATING excur-
ons.
1t Is understood that John H. Hood cnmn
Confederate Veterans intend going abend