New-York daily tribune., 1843-09-21
wiuiamsport and Elmira Railroad.

uiIIamsporf and EImira Esaifo foio'
This work. when completed, will be one OF the
,nost important improvements of the DAY The
posd commences at Williamsport, on the west
branch OF the Susquehanna River, IN the State OF
pennsylvania. The distance thence TO Elmlra,
:, rbe State of New ork, IS scvcntytFree miles.
Fcbt miles Of the seventy-thEee, however, are III
tho State Of New York ; and, under an act OF the
New.York Legislature, distinct Company has
.been Incorporated to construct this part of the
Road. By Resolution Of the Board Of Directors,
recently passed at Elmira, the New-fork Com
psny pledge themselves to put these eight miles
unde, way whenever the Pennsylvania Company
shall put sixteen miles of their Road commencing
at the State line, under contract.
The Road is already competed, and is now IN
very successful operation from WilliansPort,
distance of twenty-five miles, into the Coal and
Iron Region To complete the remaining por-
ton it will require about $685.. .000-say s400,OOO
In order to make il an induce1ncnt to Capitalists
10 step forward IN aid of this work. the Legislature
of Pennsylvania, at its last Session. passed Reso
luton granting to this Company on all the de-
scending trade and passengers over tins Road the
entire tolls on eighty miles Of the State Canal
from WilIiamsport to the junction OF the Susque-
hanna with the Juniata River-for fifteen years
after the completion OF the Road.
AS connecting link between the sea-board
and the great Northern Lakes, and between the
Pennsylvania Canal and the Enc Canal at FL
mira, as well as creating an extensive trade be-
tween the Coal and Iron districts of Pennsylva-
MIA and the Salt and Plaster districts OF New FORK,
it has long been regarded by those acquainted
with its advantages as most important improve
rnent The route has been twice surveyed by the
National Government, and Reports made on the
subject by Major Long and DR.. Howard IN lo:!o,
and by Mai. Beach in 1888, and was strongly
advocated in Congress as the most important
route, as it is certainly the most direct, for the
National Government TO construct Railroad Tor
transporting supplies and munitions OF war from
the Southern and Middle States TO the Lakes
However the main dependence of the road will
be the Coal, Iron and Lumber which abound on
the line, and which will always find ready mar
ket In New. York.
The very general dstrust, however, which ex-
lists among capitalists in relation to embarkng in
great improvements at the present day, it would
seem might well give place to more rational and
generous confidence in this particular road We
understand the Company are anxious to effect a
loan, and that they arc willing to make it an OBJ
iect to capitalists to embark init We care well salts
fled that the income of the road including that por-
ton oft already completed, thc receipts of which
are even now some $4,000 per annum greater
than the expcnscs) added 10 the tolls on the canal
granted by the Legislature, will yield to the stock
holders very liberal interest on their investments.
We have not been informed as 10 the manner in
which the company propose to take up the loan.
10 We find in the Peoria Register of the Sth
the official vote for Members of Congress in llli-
nois, compared with the vote for Governor in
lS42, which shows the following result