The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1865-05-23 00:00:00

TiL.
aboul2l
gond, Vl*
including nu
- requinitc

_
r,
N.
..ent
P001e...
, Down
Aid. Salisbury
, Chemist, Shaftesbury.
street, Sturminster
Blanclforcl, Wareham
Grcs-
We-
,. Green, YI
Chemist.

PORTLAND.
NR. JOHN STREET, STAR 1,3!, his bon
accrodited as our Conaraptiii*g Agog it port.
&ad Neighbourhood ; and "wrli tole olden tot
A.dvatissmsats, Lc., fur ur.

sT.tsy.

ATLANVO AND GREAT WESTERN 1
cH......, 1 RAILWAY.
ACR an l*,l --.- _
MI d itilluentaial meeting of bond
and nturs 'holders of the Atlantic and
Great 1K Bailway was hi4d on Monday the
15th, illi th 'London Tavern, for the purpose of
hearing from Mr. Kennard, the engineer in chief, a
statement of the progress, position, and prospeote of
the railway now pat completed.
The chair was taken by Sir SAMUEL MORTON '
Pirro, Bart., M. P. (chairman of the London Board
of Directors), who rose and said :—Gent ~ Mr:
Kennard, the engineer in chief of the A. and
Great Western Railway, having arrived in
after its completion, for the purpose of tu
with the capitalists associated together in connection
with that enterprise, as to ita connection with other
companies, as to rolling stock and other particulars,
it was considered a imitable opportunity to giy• the
bondholders and shareholders in rl-- - ' -
[roar lir. Kenna,—
;formation whigh it :wee in his power to
' &epees not ttis- eecapy.yoar..time by
_any

ne uaderialking
Kennard ell the in-

A tlantic ,
perfectly
partial w
mak e ay
considered
Tar
tram to •

_a and Greek Western Railway, I went mit
.ectly determined to look at it in the most im- •
list way possible, and I was very careful not to
"te any statement which oould in any way be ;
'dared an exaggeration: The first thing I did ;
go over the country and see whether the
e.eeentationa that were made were correct, as to
certain statements particularly. Therefore I went
over the entire length of the line, and I sew that
the statements which had been teside *sire terrect.
, I took upon myself to travel ovet all the railway'
)of America bearing on the qUestion. I then made
ile,self ecotiainted with the %mount of traffic which
:toted •at that time in America, going east and
, est. I &end that it amounted to • certain fixed
.kfam per annum, which I put into aterling, and I
said to myself, "If there exists at the present
moment such an amount of traffic going east and
west over these three lines, which then existed, if
we should make another line which is more desirable
in itself than any, of these routes, at any rate we
should get a fair share of the traffic." That,
gentlemen, I put into figures, and I found that
if our route on completion should derive its
,feir share only of the traffio which existed,
the receipts per mile per week would be 200 dollars,
or £4O, per mile per week. (Hear, bear.) nit,
gentlemen, is • pretty good %ratite mi a line of
English railway ; therefors,l looked upon the thing as
a sound enterprise, and I recommended it to my
friends. I than started to work, and we built this
I road section by section. 'Ph° first point of im-
hphrtatite that we streek was called Corry. It was
' just it that point, and about that time, that the
Pennsylvania oil region had been discovered ; there-
fore I was particedarly anxious to complete the fine
to Corry, become theie we should inteteept a large
amount of the oil traffio. On ectllpleting the route
to Corry we did get that oil traffic, and the receipts
of the road came above; my estimate. Having thus,
gentlemen, proved one fact, we thought we would
proceed further in the construction of the road
towards
.the west. But I reported to Mr. WHeury
in England, and to other friends, that they must not ;
be disappointed if they found that the receipts per 1
mile per week on the section we then undertook
should not be equal to the receipts on the first 60
miles, seeing that we had struck an minimal source
ie the oil. The next point we stimck was
is a small town of almat 0,000 or
•
_ _ in the °entre of Nensylvania, '
,
where there was nothing particularly going on, and
where there was no railway commaniestlon. At was
merely • local town, and the centre of • district.
But we found that no sooner did we open the line to
that point, that, so fer from the traffic falling eft, it
actually ineesased. 1 don't know ho* it was,
or where they came from, bet the people
began to travel, and the reeeipte- instead of being
as I expected lea—evere More. Then we found on
pushing on a feW mohths afterwards, and forming a
conneettots at Warren with a road called the Mahn.
Mg and Cleveland Railroad, a very important traffic.
Thin road is principally used as a mineral line; and
though there was a break of page it was still a very
important point for es to reach, because it enabled
1121 to form a eetthection with Cleveland, which is a
, most iinportant feature in the railway system of that
section of America. No sooner did we form a con-
nection with that line than we found an immediate
expansion of oug receipts per mile, and so on, as we
proceeded. When I wrote to Mr. M`lfenry about
the traffic which we might expect on emismehitiating
with Cleveland, I said I thought we must get
$30,000 per week on the second section, after
deducting a little ter what I considered extraor-
dinary %raffle, which dropped in only occasionally.
We :visually received $133,000 per week on that
mileage; so . that you will see that my molest
estimates were very much below the mark. (Cheers.)
That is the rate at which we have been working
now for about a year, from Akron to Salamanca and
Cleveland. 1 should also mention that it was meet
important that we should throw ottr broad image
into Cleveland; and therefore, after a considerable
amount of negotiation and fighting with other
railways, I Otoomsded in carrying my point, and
threw the broad gunge into Cleveland, which agailt
increased our receipts very much. The line Would
have been opened to Cincinnati on the first day of
this year, but for an unfortnnate fire which occurred
at the works at Troy, Where we were getting our
.passanger-oars Wilk Thom 30 oars which we ought
to have received in May, 1864, were destroyed,
and the labour of the country being entirely absorbed
in the war, I found it impossible to contrast for
any more cars, therefore it involved my engaging
works, getting handl, and going fit our:egret to
build passenger-cars. It IS a very difilcult thing,
however, to find labour in America, and as a con-
!Nuance there haa been treat delay. We have now
jest succeeded in getting enough cars to run one train
for passengers to Cincinnati, and that only a mail
train. But so great is the value of the passenger
traffic that the last thing our superintendent told 1310
was this, that for every passenger car OA on the
road he would undertake to pay in full in 30 day".
(Cheers.) These oars coat ,000 dole., ao that you
will see his ideas of traffic are very large. (Laughter.)
I wish now to explain a question which has been
named in my report, about the results of peace.
You will perceive that we have certain fixed points
on the Atlantic Central Railway, such as Cincinnati,
Cleveland, and St. Louie. The ordinary route of
travel of people from the South during the time Of
peace and tranquillity into the North, and cinhittlisti
was the chief point to wlaieh they Made. Therefore,
if our line is as satisfactory for peiseliger travel and
freight from Cincinnati as ether routes are, we shall
get our fair proportion of the Southern business.
When I tell you that the presidents of other .linew
come to us and, say that if they go to New York
they and their families, they certainly shoed go by
our line, you may
,Well col:emirs that the general
travelling public will che the same. They will be of
that opinion, beffitilse in travelling by our line from
- . - meet take into consideration that

Woodville, which .
'17,900 inhabitants

IrCieeifreeit yen

there will .4 no delays such as occur on some Ft
the other lines; therefore the majority of Pedpm
will take our route. I should like to say a few
words about the traffic Which exists on these roads.
The through Wiliness at present is principally done by
the Lakeshore road—this line Which follows the shore
of take Erie. It is rather a difficult thing for me
to tell the exact amount of profits which that line
makes, but I think—and gentlemen ih this trooin
will bear me out when I tell you—that the Phofits on
that line au 30 per out, per anniiiir. That line is
felleered-irril net nerd Columba& I think
it will also be that the dividends declared
on that lineartionnt to 24 per cent, per annum, and
ths &Motet of traffic per mile on the Pennsylvania
Central is more than that; but being a more expert.
sive line to build, the remuneration to the share,
holders is not so large. So also with the Raltietore
and Ohio. We see, therefore, gentlemen, in !idiAlrig
at the question in all its bearitle, thtt our route is
certainly not fees advaittagerauy circumstanced than
others which I barn pointed out to you are the
most profitable lines in the United States, all con.
stritoted ih Is greater cost than our own. All these
line, have to come to our railway to get their noels,
and • large proportiontif their traffic practically
mates from us, for we run through the coal reglOni
and they do not. The coal trade is kVery impor-
tant traffic in America, we the klt the most pro6t-
able roads in Anterblir, ate Reading Railway, is
exclesirely a eoal line. It runs or rather carries the
coal an tvettge distanoe of 95 miles, and the profits
are Agent 500 dols. per train of four trucks for this
5 I%lllWe hen hardly commenced the coal
ess on the Atlantic and Great Vit.
'lre have found it impoesible to ohm,
women reifies stock t twit, to Ler as I
make out frosa ligatek our baffle equals that
railway, and rep vents •
train as against dole.

ke bieveht
adtAitted

carry
rt ?stet%
atatit the
oan
of a
profit
a the
' is

i Uwe

I think fortable„

'tat.

etrootion. or in any other
direct to the three

trustees
'his

(Cheers.) That condition
for it wee felt that my
may be said that the rat.
such a thing being done

inyusli

that when the line is finished there can be 00 reason
why the reoeipta of the Atlantic and Great Western
Railway Company should .not at any rate equal those
of the Erie Compapy. If any gentleman wishes to
ask any questions, I can salute him that I shall be
meet hepny to answer him to the full extent of my
pit we!, (Hear, hear.)
A BONDHOLDRR : I observe you anticipate a large
increase of traffic on the termination of the war. I
wish to know whether it is or not the fact that,
upon the close of the war, we shall not rather lose •.
large portion of the traffic occasioned by the con-
veyance of the munitions of war and the passage of
troops? Another point upon which I wish to be
informed is this :—the report states that a large
surplus exists from revenue after payment of the
interest upon the bonds, and I should like to know
' how that surplus has been disposed of'
I
Mr. KENNARD : In answer to the first question I
may say that it being apparent to all that as oer
1
iute was not a finished terough line, we could not
secure any portion of the Government traffic) Con-
sequently, the traffic has not beets swelled by the
eouveyance of any military storeetehatever. (Cheers.)
been trying very much to get that traffic on •
the toad, but I have never succeeded. With re.
%ranee to the seoond question it is, as I understand,
In what way the surplus, after the payment of the
working expenses, aed interest on the bonded debt,
has been disposed of. (Hear, hear.) I can answer
that question by simply stating that during the
period of time that our road has been tinder con-
struction the exchange his heed very much against
the remittance Of 'honey from America to England;
eoeseridefitly, after having made provision for the
paymeot of the interest, we hays used the surplus
in construction, in oonsequenoe of which the coat of
the line has been so much leas than it would
otherwise have been. (Rear, hear.) It his
been a subject of consideration owhether we
should or should not send the money direct to .
England ; and after a very full discussion of the .
whole subject it WM determined that it was far better
to use the money than 'te send it to England and
then get it beck again. (Cheers.)
Mr. W. A. Tnomesole, of Buffalo, said that in his
opinion there were some Witte in reference to this
endertakinfi which the tepott does it very fully put
for watd. e had giveti a good deal of attention to
the sunkpt nkthia raileay for mottle yeers past, and
being mtleth interested in din WA. And Niagara Rail-
way, his connection with that give him a general
interest like the rest of the bondholders, and
he wee perfectly satisfied that the traffic whieh would
be bronght ott this line would not only be very large,
but that it would be of a most permanent character.
With respect to the traffic from Cincinnati, he was
fully able to endorse what Mr Kennard had said.
The population of that district, particularly that of
the State of Ohio, was one of the best populations
in Amerioa. The large number of towns which are
already growing up on the length of the Atlantic
and Great. Western Railway showed the advantage
which the people expected to derive from it. Ide
had several influential friends who assured him that
the traffic upon the road must increase progressively,
and that it would become one of the very best lines
in America. (Cheers.) If Mr. Kennerd
,Ited put
the traffic on the Buffalo litafieh It 1,50,000 dole,
instead of 800,000 debt., he would, in his opinion,
have enthe hearer the mark. It was notorious that
the railways in that distriet were clogged with
frei,ght, the whole of which would be brought to
Buffalo, and swept up by the Atlantic and Great
Western, which on every account cannot fail to be
one of the most profitable lines in the country.
(Cheers.)
Mr. ROBINSON inquired whether it was not a fact
that the oom pans, had already more traffic offered to
it than it was able to carry.
Mr. Kendseb t I could answer that by producing
latch Upon the subject, but ills iinfiliient to say
that we eilumot carry one.fifth of the tre c which is
offered to 4. At pieitent Pre Are obliged to pot
edverthiernente if the pAteete stating that it is utterly
iMpOssible for de to receive the freight offered as.
This, of tourse, will not be the ease after we have had
i little time to organise ; but with respect to the gees-
tion of freight, I may mention that not long ago the
president of one portion of the line wrote to another,
not thinking that it would come to my notice, to
the effect that he thought that the only way to get
the teethe carried wonld be to put 10,000 of freight
on the Atlantic and Great Weptern, end to thunder
at the doors till three dittied it, and then perhaps
the MO* of that thunder would come across the
Allentic, and people here would see the importance
of
_providing more carriages to convey it. (Cheers.)
Tax CHAIRMAN : We have present Mr. Evans,
one of the directors of the Erie Railway, who, I
think, will be able to give us some very valuable
information, and perhaps the meeting would lie glad
to hear him. (Cbeerst )
Mr. Etriet aild nothing can be more natural than
hbit a director of the Erie Railway Company should
try and do everything he can to support the
Atlantic+ and Great Western, for that railway is
really an extension and a more valuable aid or
adjunct, or whatever you like to term it,
to the railway of which I have the honour
In be • director. I remember that _ when I
had occasion to go to Ataetict in . ISttB, I,ltad
.the good fortune to sheet bah Mitt of the ablest,
and at tlie teddi tithe one of the deed, Minded
tied that I have liken privileged to know—l mean
Mr. Marsh, who ii one of the treatises of the bonds
of your railway—(theers), —and in the course of con.
' veraation with cue with reference to the initiortant
I results whit& would be &Seed t.iy the eitelislott of
the Erie Reilwey, he floittied tllit the route now
44414 liY the Atlantic and Great Western
I line, mid said, if ever that line is completed, not
only will it be a great profit and advantage to the
Erie Railway, but it will become a most profitable
investment for those who take • part if the dhder+
taking. (Cheers.) All tiertailligkeed in the opinion
that if the Atilehtes end Great Western was made it
iseitit be one of the most prosperous undertakings
I ever established in America. (Cheers.) The line
would get a large share of the trial° of the Lake
Shore Railway, and would have the advantage of
running through theses*, and itoh Ott oil cliatrinte
of which we have heatd to eapcill, arid Whfdli Mead-
I titre eahtlot Ise etteetatell *hell we are made
aware of the ri,a that the oil traffic elope in that
Aistlict is in amount equal to the whole value of the
cotton crop 25 yews ago. ([fear, hear.) The Lake
Shore Railway felt very safe and happy, and coin.
fortable, until our friends ?tr. M•Henry and Mr.
Kennard osmie and dispelled their dreams. lam an
olcl railyray director, and have been for molly ytitril
etsgeeed as a railway diretter ine
tlgllllld Mid nvi
land, and I apt' tint eteliharY ts of railway
working atd ehtimate the advantages of this railway.
ififst, hating the English railways into consideration,
I find, without troubling you with statistics, that
the expenses are three times as great as those upon
the Atlantic and Great Western line. I happen to
know that M. L'Hommedieu, our manager in
America, is a man in whom you tali repote edlleb
oonfidence. (Cheers.) I, ainbtirely V.tobgritlilath fhb
i zed bistisholdere on the success of the
' which I am satisfied will real* the
'one which may have been
(Cheers.)
uu are aware,gendemen,
__— meeting to give Informa-
tion, and that there fano resolution to proposeii you j
but if you should like to aelt arizileestloe ich I
can antiwar I shall be mot liatipy. to dd In. f not,
gentlettlett, i liedi agilely to ift.ll your attention to
tint or two points in the report, which I think
particularly worthy of yoar attention. In the first
place I wish to call your attention to the fast that
at the present moment the bonded debt Ot tbe aim-
pany is secured by its present reoei (Cheers.)
I wish to point out the next plates t t the 410
showetattg ott the -60.440_ e Itlie Tel t
!.
'time arltihtt '
.nCtitiO ince/ 'traffief' 7; lin et
present exchange, if extended ovet the whole line;
will give &surplus at tie notmeft nide of aloha go of
the'lfeareit . of
'6llotamge of nrilltd ill% , ;he
4/olpw* /WM .lifibie by seine of the large
liapitalithe ho take the perrehrenrii 011ie - Wader •
board of direction, it being felt that 4' Nett
'absolutely necessary when so mach capital *WI
held here that there should be a repreeeti
-e,ative action also—that we should not, hoer:,
tree canuoh eepfidenee_ ern tide* lizkVcr In thlr.
.fillfonallmiditet ant tES direetors• on Mier other
'(de of the water, have entire dependence in
Abair eels snauaemsnt, without the supervisitia of
iggtetleetaen residing hem ~ have, .aoseptet a
office, but nothing would hats* hitt:Wert me to
that without having first by it ei4l4 e
the volition of the company Salide—d r
bondholders were in It stet,
made, it a tondition of my i
time I took °floe that not i
of the revenue road es—tuld
way

DE NtAt

.ttiridiAt

MR. EPHRAIM MOSELY, SURGEON
DENTIV, M.R.C.8.,
9, GROBVI3IOH-BTREET, OHOSV6IIOII-SQUAIIi ; and
14, GAT-STHIET, BATH.
NeWirinVented and Patented application of prepared
IND' A.RUBBER in the construction of ARTIFICIAL
TEETH, Gums. and Palates.
. . . . . . . .

- A nevi, original, and invaluable Inventiotn consisting
in the adaptatiob, with the must absolute penfection and
suocens, of prepared guna,colotired indiakibber Lagi base
for artificial teeth; Entile or sets nifty be made
with tln vieatest facility in a very short time. Only one
visit Is required to fit them, it being done with the
greatest accuracy and comfort by means of a soft base
placed, while in • state of fusion, between the teeth and
gums, which, upon becoming hard, possesses the greatest
powerful self-adhesion. The teeth are also immovably
fixed in the sockets formed by it without fastening of
any kind. One set will last for many years, and on
any of the natural teeth falling out by absorption of the
&Al di from denay, they may be added to the india-
rubber plate in use with the greatest ease and at a very
trifling expense. The acids of the mouth exert no
menu on the chemically-prepared indiarubber, and (as
it is a non-conductor) fluids of any temperature may,
with thorough comfort, be retained in the mouth, all
unpleasantness of smell and taste being at the same
time wholly provided against by the peculiar nature of
fa preparation.
OP: Just Publishedi price Is., Ephraim Idoeely on
%he ' Teeth, apd the Pest Melina Of supplying their
deficiencies." The Author, 9, Grosvenor-street. W.

- - )
Fj.4
'-ct-:•4174"$
TEETH.