NP, JUR 3/13/1862

From the Junior Register (Franklin, La.)
 
March 13, 1862
 
New Orleans & Texas R. R.
Large Amount of Negro Labor, Materials and Provisions Wanted as Stock
Messrs. Editors:
   As one of the Directors and the Agent of the Company, I propose to visit Lafourche, Terrebonne, St. Mary, St. Martin, Lafayette, St. Landry, Rapides and other Parishes, to make arrangements for stock subscriptions by the planters in labor, materials &c., upon the following reasons:
   This company was chartered by the recent Legislature of Louisiana, and endowed with over 400,000 acres of land to build the railroad from New Iberia to the Sabine River, thus completing the connection between New Orleans and Houston, the railroad center of Texas. In a commercial point of view there can be no more important and profitable road, for an immense business is now waiting, for which there can be no competition. Among the items are 150,000 head of beef cattle and other stock; 100,000 tons of merchandise, wheat, flour, salt, sugar, molasses and products of the forest; 60,000 bales of cotton, $110,000 worth of carriage of mails, express freight, wool, hides, &c.; $75,000 worth of transportation of troops, munitions, Government stores, &c.; all of which would make the annual net earnings of the road, according to careful estimates, of  least $600,000 to $800,000 per annum, so that the stock must be immensely profitable.
   But the great reason for building the road at this time -- the only one in fact which induces us to attempt it now -- is the MILITARY NECESSITY. The enemy commands the sea to attack any portion of our coast, and it is hence, important that we should have equivalent means of land transportation, such as the road from here to Houston and beyond, to facilitate the movement of forces, munitions and supplies. If the coast of Louisiana or Texas be attacked, and we attempt defense, more than the cost of the road would be saved each year; besides that, mutual and adequate assistance could be rendered. Look at the infinite value of the line of roads from Norfolk to Harper's Ferry -- the enemy having the Potomac, Chesapeake, railroads, &c. It is the salvation of our cause there; and it illustrates the vast military importance, in repelling attack of the work we now attempt. Its completion six months ago would have saved hundreds of lives, and much expense to the Government, and largely augmented our armies and stores of arms and powder; besides bringing bread, meat, salt, &c., abundant and cheap, to this great center and magazine, and military supplies, as well as to the planting community -- who, on the other hand, would now have all of Texas as a market for their sugar and molasses.
   We therefore propose to the planters of Texas, Louisiana and Mississippi: "Help us build this road; subscribe your labor, provisions and railroad materials, as others do their money, for stock. Patriotism should prompt this, even if the stock be worthless, just as it would prompt you to build forts, field works, bridges, military roads, &c., for the defense of the country. The property created by the labor belongs absolutely to the owners of the labor, and is profitable while the blockade lasts."
   We have already received many propositions from planters upon the above basis, and we do not doubt success.
   Due notice will be given of my arrival in the respective parishes.
Yours,
B. J. Sage

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