New-York tribune., 1841-06-01
RAILROAD 10 ALBANY.

Remarks Of Mr. l. HupBELL IN the assembly on Ae f"o'
passage of The Bill a~tho15ns tie CoTPorat'on q array
to 6ororc money loan to tie Albany and Vest StocSdr1de
Railroad Company
Mr. l.. HUBBELL expressed hs regret that his irlena
from New-York (Nlr McMurray) had opposed the bill
TIC him it seemed one OF uncommon merit 50 Tar from
oensuring the city of Albany, the Albany and est
Stockbrdgs Railway Company for making their arrange
ent with the Boston Company he deemed II Just ground
for praise BY this and by this alone, they were
enabled in time OF general pecunary embarrassment 10
proceed rapidly 10 the completion OF their work lhe
people OF Albany found their capital and credit insult
ficicnt to money the ordinary rates The Boston
company voluntarily took the stock OF the city OF Albany,
pledged with il their credit and capital and by the
pint security had raised the with the road
And what was this road Why did the represen; ttive
rom Newly York object It's construction 1t was TO be
lew and well constructed thor ughiare OF travel and
oration between Buffalo and Eoston-betwcen New ork
nd New-Engllnd 1t would open through all the winter
eason wide aud profitable market Tor the -four wheat
md other products OF this State Nor II TO benefit
Boston New England alone Il would extend over one
fourth the distance rsm Albany NcwYork the first rail-
road which travellers were likely 10 enjoy
reaching our own commercial emporium.
The from Albany TO New-York by way OF Stock
bridge and the Housaonc and Harlem Railroad, was the
first which bid fair be put IN operation. And what
would be the travel on such road Mr.. II had inqHred
as the number OF passengers arriving and leaving Al
bany on the pror To the opening navgaion
and found ranged trom % 10 80 persons daily But
within week after boats commenced runnng the mum
Der sweed TO 500 day and he told Il had now
reached sull higher number.
Who should calculate the number OF passengers who
would visit New-lork from thence here, by the
branch OF railroad which this Boston Company
structing But would rot be confined passengers 1t
would open channel also for western flour and produce 70
reacs New-Yol during the winter months thus cutting oil
those periodical and winter monopolies which capitalists
and spectators managed create while the canals and
river are locked by ice
Would the gentleman rem NewYork deprive his con-
stuents the mechanics and aborers the worthy and OPP
pressed poor of the city OF the benefits OF such channel
of trade No sir | know he would
But the gentleman fear that the shrewd YAM
KEGS will away with the New-Yok trade. Sir, the
gentleman draws mach on his fancy. The NewYork
understand their Interests we'll Bostonlans-and,
what equally his favor, the of produce under
aand theirs They will all times seek and find the best
market Boston will engross the trade and the Boston
Company cannot and dare by force control Il they
undertake any such measure this State will cheek them by
arepea OF their charter. Though the Stockbrdse Com
,any may be owned aud controlled NewEngland heir
charter granted and may be modified repealed by
NewYork Legislature Does any gentleman deubi that the
representatives OF the people OF this State will protect
yheir own eople Viii guard their Interests
Sir, caxnot doubt il; and hope the gentleman will
withdraw his opposition and suffer this bill 10
pass All New-York, well city country, oueh: 10
thank the city OF Albany for asking stock for
such purpose this time. wish the city OF Nevl
had half the enterprise and public spirit