SOUTHERN PACIFIC WILL REBUILD.

To a journal in New York the “Galveston News” sent the following important statement:

“You ask the ‘News’ what is our estimate of Galveston’s future and what the prospects are for building up the city. Briefly stated, the ‘News’ believes that inside of two years there will exist upon the island of Galveston a city three times greater than the one that has just been partially destroyed. The devastation has been great and the loss of life terrible, but there is a hopefulness at the very time this answer is being penned you that is surprising to those who witness it. That is not a practical answer to your inquiries, however.

“The principal feature is this—The Southern Pacific company has ordered a steel bridge built across the bay ten feet higher than the trestlework on the late bridges. The company has ordered also a doubling up of forces to continue and improve their wharves, and with this note of encouragement from the great enterprise upon which so much depends the whole situation is cleared up.