NP, MT 1/22/1861

From the Macon (Ga.) Telegraph
 
January 22, 1861
 
Secession and Railroads
   The New York World says secession is playing the mischief with Southern Railroads, and all the capital invested is going to be "practically sunk" if "this insane secession business goes on." Now if the World can find anybody "insane" enough to swap off the worst Georgia for the best New York Railroad stock, he can make an elegant business operation. Suppose he tries it, before volunteering counsel upon railway matters. New York has no wisdom to spare on that subject, unless it be the wisdom obtained from an uninterrupted series of bungles and frauds. That paper says:
   The southern people have strained their resources for several years in building railroads. This property is rapidly losing its value, under the stagnation of business which has overtaken that section. Yesterday the lines south from Washington commenced running a single train a day, and if "this insane secession business goes on till it reaches the inevitable civil war towards which it tends, no southern road will pay running expenses. The capital invested will be practically sunk.

Home