| From the State Gazette (Austin, Tex.) |
| |
| March 2, 1861 |
| |
| The Memphis & El Paso Railroad {Memphis,
El Paso & Pacific RR} |
| We get the following gratifying
intelligence from the Clarksville Standard, showing the progress of
this enterprise: |
| There was a meeting of directors last
Tuesday. A new president, Col. Bennett, was elected in place of S. H.
Morgan, Esq., resigned. The freight on the iron was provided for, and
in four weeks probably, there will be a commencement of track laying
from Moore's landing westward. The twenty-five miles advertised for
grading from Robbinsville to five miles west of Paris, was let on
satisfactory terms to Capt. J. H. Pratt; large claims against the
company were adjusted by land script, at fifty cents per acre, and the
company is almost entirely out of debt, and in a condition to move
onward, notwithstanding the hard times. One hundred and forty-six
miles are now under contract. Fifty miles from Moore's towards
Clarksville are ready for the iron, which will be put down directly.
Twenty-five miles of it is now purchased, and at Alexandria and New
Orleans, will be first put up. |
| The Standard says: |
| Had the fifty miles of road from Moore's
been in operation we could have had quick, continued communication
from New Orleans to within twelve miles of Clarksville for the past
two months, and been sending off our cotton and receiving return
freight; instead of enduring the business torpidity existing to the
present time. |
| This statement shows that our railroads
are doing well, and are not retarded by the secession movement. |
| It also shows that the interests of
northern Texas are with Louisiana and the Gulf States. |
|