True American. [volume] (New Orleans [La.]) 1835-18??, 1839-02-25
TIE rRU Il AM ERlCAN.
#EDIrED IN JOAN GlnsnR.
FAITHFUL AND BOLD.
NEW OR LEANS:
MONDAY, FEBRUARY rs. rs 80.

& ~ n " ~ IL II II "A ~ -: \
MONDAY, FEBRUARY rs. 1880.
NASHVILLE RAIL RoAp.-The importance Of taking
such measures will lead the continuation Of this
great work, and insure its rapid compleon is obvious
every rejecting mind The whole couatry Is alive
upon the subject of internal Improvement The expc-
ricnce of the past has exhibited the immense advana-
ges which accrue 10 the states which boldly strikes ont
plans for the rapid development of latent energes and
executes them. New York and Pennsylvania have had
no regret the burhen Of debt they incurred 10
construct their immense canals and roads.
The state of New York has not been governedby the
blind policy which has ruled the councils Of the void
Dominion" and other states farther souhbut has pursue
cd that liberal and eng htened course recommcndedby
her immortal Clinton, What has been the consc-
guencc! Within few years. from an inferior grade
she has taken the front rank in the Union She has
developed energies anresources which it had not bean
.upposed she possessed. An immense territory has
been redeemed, and facilities opened oi' which at
once induced immigration and caused to be populated
and improved with unparalleled rapidi'y. II is now
one Of the mos. fruitful and wealthy districts Of that
great state.
Rail Roads and canalr bisect and ntersec each otcr
within her borders, in almost every diectiom fuo''c
spirit and private enterprise have been uctve and these
improvements have bce carried nearly every mans
door.
New York had already finished in 1888, G55 miles of
canals belonging the state, beside l22 miles Of P
va,e canals There had been at that time l68 miles Of
state casuls and 2S mile. Of private canals commenced
There 28 miles Of Incorporated rail roads fn'shed'
93s miles commen eel and i7o4 milss authorized. The
cost Of the canals and Rail Roads finished was $l9 447,-
III the esnate Of shose commenced is Ss375o,OOo;
and those authorised $3I 0b1,OO0, besides Sl5,ooOooo
for the enlargement Of the Erie canal The total num-
Der Of miles of rail roads and canals when finished 1888
mies-(995 being already competcd) title cos, ofwllich
is estimated at $89 26l7l. The tolls the canals in
1886 amounted to $1Gl4,536 40. In 1887, they were
293G23 IS. The of the decrease, the gen
era enara ssent of the country which crippled trade
and enterprise and almost paralized commerce. During
the past year they have greatly augmented The state
has constructed and commenced 1873 miles Of canals at
an expense Of sl8lG2,7ll When these all finished
aud in successful operation, the increase and addition to
her resources and wealth incalculable. The in
come is now handsome dividend on those completed
Ills believed that tho immense business which will be
done on these canals and roads, will only pay
sonablc interest, but will afford fund wherewith II
discharge the debt incurred for their construction
On the 9Th Dec. 1887 the Treasurer Of the state o
Pcnnsy lvaniu reported the amount Of publ ed' BIT
s2So58 39 ST. of which, O03 % was on accoun
ofcanals and rail roads, The amount Of public proper
ty was 500 81 exceeding the debt 81 928,Sl4 IS
OF this the has interest in canals and rail road
aone of $2335l 02S9 exceeding the cost of the same
81 6a2 O2O 81. During the year ending Nov. l, 1887
the income of the canals and rail roads $9755O A
being between 4 and 5 per cent on the cost. Let
be remembered that this during of enbar
rassment, when every department ofindustry receive
checks which it was impossible to counteract, an
prevented tic realization of the just expectations this
these works would pay per cent on the capital inves
ed. We have not before US the statistics Of the pas
venr but doubt not at least per realized
tolls.
In addition to canals and rail roads construct tic
bv Pennsylvania, and which form $22 ,229 ,0O3 80,
the $28,05815s SO Of public debt $3,O27,l2 "a, is
turnpike navigation and roll road stocks-shewiu
that she has public debt account Of internal in
) provement of about $26,oOOOOo. She has not take
hold Of this ystcm which she is indebted Il
her prosperity with tmid or niggard hand. She SCI
in ese public works. the elements Of her greatness al
; she pushes then on with all her energies. Experen
y | nus pTuFcu uIcI "hH INV '''' 6'~>- '''N
neishbor she has only perceived tho way to veal
bu she as adopted the plan and prosccu'es It WI
vigor.
3 The State ofImdana with readiness which %
crcdi, to the enlis htcncd wisdom Of her Legislators
following in the footsteps Of her two great predecesso
i and is actively engaged in prosecuting works Of Int
mi Improvement. She has not left to individual
u terprize to dcvclopc the resources nnd capabilities
hoou ofro tn ne
debt of $50 OOO 400, to carry out 81 stem, which
y been projected, which embraces BIO miles oi cana
:. 90 miles of Railroad, and 335 miles OF McAdnms
turnpikes; 400 miles Of these improvements have be
nut under contrncta portion Of them have been comp
ted ard are in use. The expenditure on public wor
+ in 1887 was 81 ,30OOOO-a large amount consider
tina, the state is yc, in her Infancy, and that her reset
ces US at presen, developed, are not the most prohi
o However, her law makers orcsaw that by u wise
. rinistraton OF tho public affairs, in very few yea
the state Of Indiana, after completing its works Of
provcnen would he enabled 10 pay off the debt incl
red through The immense increase OF value in proper
and the trade that will be carried on. Whatever
creases the value of property, swes the revenue wi
out resort to tntto the people, most odous Of all
orts o legislation, increase Of taxation. None can
;ect to nav the nd raloren property Increased
Ar value, but those who opposed 10 all mproveme
md would have every Thing to stand still 10 suit tn
wllm and caprice
i We have set forth the progress Of improvement
,,se Statea, to show that our Legislature will not
Doomed .x,rnva CANT, rendering aid tS the operate
r. that mr., ronr on and which, have been projected,
g. which the prosperity of Louisiana il 10 lie advanced
D. Among tle-e, the magnificent scheme to unite N
~ Orleans and Nashville by railroad, is the most rro'
nsnt The utility of this work, il not its ty,
~ an ot.n demonstrated that it is not deemed nee
sorv at ,h. time, to enlarge upon it. We do not kn
!, rim, there is single press which presents thu slig
10 ss oppsstun to it. For manifestation OF the pub
IT. voce, wlicl. is generally echoed through this ned
he MO d M, know better criterion. The fertile reg
ne ,ot will be opened and at once brought os it were
i'll the very gates of the city, transferring I" ,ls point
OF OF variety of products, the facilities for transporting
ed ccossar;es and luxues that to ba purchased III
a' invite some speedy action, by which the road muy
completed.
~ There is bill before the Legislature, which has
il. object the procurement Of such all amount of fun
nd as will enable the sompanyo progress rapidly with
we work. he bill proposes that the state shall lend
conpanv upon the terms OF the late loan Of s.
II Ooo tie sum Of ;. 100000 that is state bonds ben'
mn interest of six per cent per annum, on condition
80 the companys paying the principal and interest
-" thew become due, and giving To the State mortg,
lien and privilege upon all the property belonging
1, tai r