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Show Tbe To as Facllic New York, 28. A correspondent; in Marshall, Texas, describes (be present condition and prospects of the Texas and Pacific Railroad. Excepting Ex-cepting seven y-five miles between Texan Kaua and Marshall, the Texas Pacific in purely a local rou.J. Yet the earnings have been sufficient to pay the ODeratiog expenses, interest on tbe first and second mortgage bonds, and leave some surplus. The total number of miles operated, including in-cluding its two cast and west lines, is 44iJ. The prospect ol an extension to tbe Mississippi stein about aa remote as ever. In regard to tbe Califor ia extension, tho writtr says: "Their failure to gel congressional aid brings them face to face with the question involving the future of their enterprise. enter-prise. Either they must raise money speedily to push tbe mai line westward west-ward acrosB Texas and New Mexico, or make up their minds to reit content con-tent with their position as an important im-portant local road, building westward only as fast as the settlement of the country will warrant, and trusting Huntington to join his California line to theirs at such a point in western Texas as be may be able to reach." |