The Sun.
London, England, 1869-10-14 00:00:00

"It is well known that malicious attacks have been made
upon your company ; upon its credit and upon the cha-
racter of the work itself. While all persons who knew
the real caus's of these attacks wore all aware that they
were without foundation and only vindictive, it cannot
be denied that they were a source of grave embarrassment
and difficulty. There is nothing so sensitive as credit ;
it may receive almost as great a temporary injury from
false rumours as from damaging statements of fact. The
natural result of these assaults upon the company's
credit was the arrest of the public sale of its securities,
and a threatened danger of stopp7ng the work, when two
millions a month were required to continue it. It was
fortunate for the country, as well as yourselves, that you
bad the ability, as well as the courage, to advance the
millions from your private in ans that were required to
finish the ro .d. I beli ye that no private corporation
ever before made so large a call, or one that was more
promptly responded to. Tito work upon ties lino was
continued during the winter at a very heavy extra cast,
but nearly all the obligations incurre 1 have now been
adju4e.l. The 850 miles of road we -t of o.nale, whiet
was bui:t befere lest winter's fro -t, is adm7tted to be in
splen!lid corertion, equal to :ley in the country, and the
ten abler will be in the same tine order, as soon as actual
,erviee bi iegs .he road-bed to the same solidity. The
earnings of the road since its opening have been—
Front May 10 to May 31
Front June 1 to June 30 706,602 29
From July Ito July 31... .... 623,1'69 96

Notwitli-tanding the rates for passengers and freights have
been largely reduced, the earnings for August will stand
at about the same figures as for July. With all the disad-
vantages attending the opening of the road, the average
earnings so far have been at the rate of about eight millions
a year, which will b 3 steadily augmented by the develop-
ment of the Pacific Coast, and by settlement along the line.
The company own over 3,003 000 acres of land in the
Platte Valley, in Nebraska, which competent judges pro-
nounce equal to any in the West. The lands were offered
for sale at Omaha, July 27, and 40,000 acres were sold in
one month-thereafter, at an average of over $3 per acre.
The company also own over 10,000,000 acres in addition,
some of which is of little value, but there are portions
from which a considerable sum will eventually be realized.
Many portions of the Rocky Mountain and Wahsatch
ranges abound in rich mineral ores—espcially copper—
and the constantly increasing development of the mining
interest will add largely to our business. Extensive coal
mines are found along the track far 300 miles on the
Western s'ope of the Rocky Mountains, for which there is
already a good demand. You will perceive that the in-
come of the company is now ample to meet the interest on
its first mortgage and land grant bonds, and we have every
reason to expect that the natural growth of its business
will soon give its stock a value that will make a suitable
return for the risk you have taken in building the longest
railroad line in the country, through a wilderness which
most persons pronounced impassable for a locomotive.
"September 15, 1869." "OLIVER AMES, President. .

RAILWAY NEWS.—There are fifty-six different
railways in operation in the State of New York, the
aggregate length of which is 3,053.95 miles, constructed
and equipped at a cost of $208,185,782. Including roads
contemplated, the whole number is 81, with a length of
4,567.99 miles. The oldest line is the Mohawk and Hud-
son, opened a distance of seventeen miles in 1831. The
number of locomotives in use is 1,111 ; passenger
cars, 1,163 ; baggage and mail cars, 862 ; freight cars,
17,934. During 1868 the number of passengers of
all classes carried over the State was 18,431,300,
and the amount of freight, 11,961,692 tons. The
cost of operating the roads was $15,250,716 ; total pay-
ments, $48,274,476; total earnings, $49,377,790. The
average rate of speed of ordinary passenger trains, in-
cluding stoppages, was 18.55 miles per hour, while the
average speed of express trains was 29.74 miles. The
number of persons killed during the year was 302, and the
number injured 358. Of those 104 were killed on the
New York and Erie Road out of '2,194,348 passengers
=tied; on the Hudson and River Road 27, to 2,626,303;
on the New Haven Road 6, to 2,192.940; on
the Harlem Road 20, to 1,667,578; on the Long
Island Road 4, to 823,000; on the Staten Island Road
1, to 3,49,853.- The total amount recovered as damages for
injuries to passengers, which the various companies wore
obliged to pay during the year was $528,310. The E►ie
Road pa'd $193,135; the Hudson River Company, $20,745;
the New Haven Road, $10,937 ; the Harlem Road, $7,865 ;
the New York Central, $72,944; and Buffalo and Erie Itoad,
$196,405.—The Houston and Texas Central Railroad Com-
pany, which has extended its road 180 miles from tha
coast into the interior of Texas to Calvert, has just
signed a contract with Mr. Niels P. Larsen, for the in-
troduction of 500 European elect labourers frotu Ger-
many ani Sweda n to work upon that road in its
further eonstruc:iou. from Calvert to the Red River
and Kansas. The company had also bought iron rails
.o lay the next fifty miles, from Calvert and Brenham.

-The Vanderbilt of the Sonlit-west, says an exchange, is
.Tames P. Joy, of Detroit, President of the Michigan Cen-
tral, who is a largi, owner in the Boston and All .y,New
York Central, Great Western of Canada, Michigan Cen-
tral, Chime,, l!nrl'ogton, and Quincy, and Hannibal
and St. Jose p`l Railways, as well as a Kansas R 'ad.
aim is to a. curo one unbroken line of unif.irm
gauge, from B ,ston to Galveston, Texas.--A. con-
tiaet was recently signed Ly which the work of track-
ley'ng on tin Denver Pacific Railroad was to be im-
mediately c. naneLced, and be rapidly pushed to c
:ion. Bonds of the road have been sold to the amount of
$1,000,000. Iron has been purchased, and alarge portion
of the ties is already ou the ground.—The grout iron
railroad and waggon bridge, which is to span the
Mississippi River at Kenbuk, is in rapid process of con-
struction, and may t o completed in a few mon! ha. The
Des Moines Valley Railroad, starting front Keokuk, is
pn,hing its way from the capital of the State up to Fort
Dodge. It pass' s through cne of the finest ru•gions in
fowa. The Chicago, Burlington, and Quincy Company,
having purchased the Keokuk and St. Paul Railway, aro
thoroughly repairing and extending it to Burlington,
thus giving to the people of the place a second con-
nect:on with Chicago.—TuE PACIFIC RAILROAD POSI-
'Ix-ELY OPEN.—At last rail communication between the
Atlantic and Pacific is complete. On Monday, Sept. 6,
the first through train on the Western Pacific Railroad
arrived at Alameda from Sacramento, amid great rejoic-
ing. A crowd met the train with cheers, which were
kept up until it had passed under the triumphal arch of
flags and flowers that had been erected. Guns fi role loco-.
motives whistled, and tells rang. The Alam da track is
only to be used temporarily ; the main line to Oakland will
soon be completed. Any one desiring to go the entire j,ur-
ney across the continent by rail, avoiding the boat trip across
the bay, can do so by making the detour ria San Jose.—
St. Louis, Sept. 19.—A party of prominent railroad men,
embracing many of the officers and heavy stockholders of
the Lake Shore, Michigan Southern, and Toledo, Wabash,
and Western Railroads, arrived here on a special train
from Springfield, Illinois, last night. Daniel Drew, W.
FL Vanderbilt, and other prominent gentlemen of New
York, were with the party. These gentlemen are on a
tour of inspection over the Toledo, Wabash, and Western
Railroad, with the view of consolidating it with the Lake
Shore and Michigan Southern Bold. The first consign-
ment of tea to Chicago from China, over:and by the Union
Pacific Railway via San Francisco, arrived on the 17th
Sept.—Superintendent Prescott, of the Eastern Railroad,
has placed in his depot at Boston an office for the express
purpose of giving information to passengers stout the run-
ning of trains. A sign is posted up near where tha office
stands, announcing that "this office is placed here for
the purpose of answering all questions about the going
out and coming in of the trains." By this means travel-
lers are saved much vexation as to whom to make inquiries
of, and the employes very much unnecessary trouble—
Chief Justice Perley, at a recent session of the Supreme
Court, New Hampshire, ruled that where property is
transported over a railroad lino composed of several dis-
tinct roads, the original company, which received it, is
liable for the loss or injury, should any occur, whether the
damage bo on its own road or any other.
VALUABLE STATISTICS OF LABOUR AND LIVING.
—Mr. David A. Wells, Special Commissioner of the Re-
venue, has prepared a circular which will be addressed to
those employing a largo number of hands, requesting that
they furnish at their earliest convenience lists of the
weekly wages and earnings of each kind of class of ope-
ratives employed at their establishment in 1867 and at
the present time. Where mon work by the piece they
aro requested to give the respective rates, and also state
the average weekly earnings in each branch or sub-
divizlon of labour. In addition it is requested that
the retail prices of groceries, provisions, and other
principal articles consumed by those employed be given,
as well as the usual price paid for board by single
a
bmleannkanfodrwm,ointoeben. fiNnVeidthu
pt hbiys
scoimrceu lwarorkwmillenbhe
ainclosed
lies, and designed to show the weekly expenditures of
each, which must be carefully and accurately done. The
information is desired for the purpose of comparison, and
it is of the utmost importance that the greatest possible
accuracy in the figures shall be secured. Commissioner
Wells says that a compliance with the requests embodied
in the circular will tend to promote the public interest, as
the statements so made will be made the basis for recom-
mendations to Congress for important modificattonsof the

revenue laws.
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