LOUISIANA LANDS. LAND DEPARTMENT, VICKSBURG, SHREVEPORT AND TEXAS RAILROAD. The Government titles have been received for 350,000 Acres of Land, which enure to this Company under the Act of Congress granting Lands to the State of Louisiana, to aid in the Construction of Railroads, approved 3d June, 1856. These Lands lie in alternate sections along on either side of the Railroad, none of them being more than fifteen miles from it, reaching nearly across the State from east to west, in the heart of the cotton zone. A portion of them are Alluvial Lands, lying east of the Ouachita river, and are among the finest cotton lands in the world. Those in the vicinity of Bayou Macon, on the west bank, known as the "Bayou Macon band Hill Lands," are entirely above overflow, lie well, have a good foundation, and may be relied on for something like a bale of Cotton per acre. They are rapidly appreciating, and planters are beginning to prefer them to the swamp lands, which require the protection of levees. West of the Ouachita is a pleasant country to live in, well watered and healthy, where the lands grow wheat and other grains well, and produce a better yield of Cotton than most of the high lands in the older cotton growing States. These lands are now offered for sale at prices ranging from five to twenty dollars per acre, according to quality and location, upon terms of payment to suit purchasers. The lands are het mortgaged to secure the payment of the bonds issued by the Company. When sold for cash, the mortgage will be cancelled, and a clear title given. When sold on credit, a payment of at least one-fourth part of the purchase money will be required at the time of sale, and, for the residue, the purchaser's notes will be taken, running one, two and three years, bearing eight per cent, interest from date, secured by a special mortgage in the act of sale binding the purchaser also to pay five per cent. attorney's fees, in the event it shall be necessary to sue on the notes. When the last payment is made, the Company's bond mortgage will be cancelled, as in the case of a cash sale. The sales will be made here at the Company's Office, in Monroe, and the title passed before a Notary Public, at the expense of the purchaser; to which will be added one dollar to pay for cancelling the mortgage; and in case of a credit sale, outside of the parish of Ouachita, two dollars, to pay for recording the mortgage in the parish in which the land is situated. If the purchaser cannot be present in person to accept the title, it will be sufficient, in case of a cash sale, for him to write a letter to some friend who may be present, requesting him to pay the money, and receive the title. But, in case the purchaser wants a credit on the land, he must be more particular, and give his agent a regular power of attorney, before a Notary Public, authorizing him to purchase and accept the title of the land, which must be described, and the price specified, to make the cash payment, sign the notes, and execute the mortgage to secure their payment. Agents are employed examining the lands, and as fast as their returns are made, the price is set on every tract which has been applied for, and communicated to the applicant, and a reasonable time is given for his acceptance. But hereafter, when application shall be made for lands which shall have been examined, the price and terms will be stated for that day, and the land will not be suspended for the benefit of applicants, but we shall be free to vary the price or terms, or sell to others who may desire to purchase. By the terms of the grant, the Company's title is perfected 20 miles in advance of every section of 20 miles of finished road; and ten years were given to complete the road. The title of the Company is thus, now, perfected to the land opposite to 40 miles of road; and another section of 20 miles will soon be added. A failure to complete the road within the time cannot affect the title of the lands sold by the Company, which, at the expiration of the time, namely, on the 3d day of June, 1866, shall be opposite to any portion of finished road, or opposite to a point 20 miles in advance of the finished road counting as before, in sections of 20 miles. C. G. YOUNG, President. 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While not a facsimile the reprint is a pagefor-page reproduction of the original and calculated to meet the requirements of students of southern history who do not have ready access to copies of the first issue. OTTO CLAITOR. Baton Rouge, Louisiana November, 1937 ART. I-OUR PRESENT CONFEDERATE STATUS, FOREIGN AND DOMESTIC. [Note. The author of the paper which follows, under the nomme de plume of "Python," has made a reputation throughout the land as a bold, able, logical thinker. His several contributions, which appeared in the pages of this Review, were generally read, greatly admired, and exerted a wide influence in arousing the public, and preparing for that great revolution which now taxes our courage and resources, and reduces everything to the alternative of independence or death. We refer to Major John Tyler, son of the late President Tyler, of Virginia. There are points in the article of Major Tyler to which, as editor of the Review, objection would be made, were that necessary. Now, as ever, the public will understand that we do not adopt the sentiments of contributors, unless it is so expressly stated. One remark, however, must be made, and that is if there ever was a good and sufficient reason for reconstruction with the North-west, there are now a thousand reasons otherwise. It is too late!-Ed.] "Possibilities and probabilities give no assurance of peace. The South should only anticipate a prolongation of the war, and look alone to the necessities of war as the surest instrument of peace." CONFIDENCE IN THE FUTURE. The defeat of Seymour, the repulse of Thomas, and the falling back of Sherman, together with the glorious and immortal defence of Charleston, in connection with the popular excitement at the North on the presidential question, and the rumored recognition of the Confederacy by France, and Spain, and other powers, seem to have engendered a state of feeling, of exultation and confidence, similar to that which followed the first Battle of Manassas, fraught with so much subsequent disaster. The people of the South are in all things too imaginative. |