New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-11-04

considerable negotiation the officers Of the Canal
COMPANY were found to be in such a state that
no hopes were entertained of their ability to pro-
secute the work. Since this time we understand
that most Of the contracts for the Coal LANDS Sc
cured by Mr.. Drnker for the Company have oceh
cancelled, and no effort whateve! has been lhaoe
to carry on this great and useful work.
At the last session of the Pennsylvania Legs
sa4ure (1543,) an act was passed granting authos-
itv 10 construct temporary Road from the Wa
ter Gan to the Timber District and to the Coal
SsAl;nes. This could be accomplished at very
gsSsznau expense This supplement is in the words
ENalowing
That it shall and NAY be lawful for The Susquefanz and
Delaware Canal and Railroad Company construct
porary Railroad from point near the summit level D.
tween the Susquehanna and Delaware Rivers point az
or near the Water Gap the Delaware River Tie
Is of Monroe and also from the summit point on the
Lackawannock Rrer-provided that the construction of
such temporary Railroad shall way interfere with the
night Of said Company 10 continue more permanent
Railroad under the prorisonS the act 10 which this
supplement And provided also that the construction Of
such temporary Railroad shall BE- commenced within tpo
and Do completed within four years from the passage OF
their And The period for The completion Of the per-
mqen Railroad Of the SAID company shall De extended ten
years from the passage of their act
The foregoing was granted upon Petition for
authority to makea cheap Railroad for the use Of
the Company, as adjunct, preliminary and assist
ant to permanent construction, as provided for
under the original charter.
1t is believed bv those who have examined the
subject that the Road from the Water Gap to
the Timber District would pay for itself IN three
tod 10 tboC Da1
Mines; and il is more than probable that so much
of it would have been completed before this time,
if there had been any connection going on by
which the timber or the coal could have reached
the Hudson. 1t will be seen by the Report Of the
Newburgh gentlemen that they have it in contcm-
plation to construct the Road from their village to
the Delaware, and that from their personal exa-
minaton and careful calculations they believe that
Coal may be delivered at this point on the Hud-
son for 50 25 per ton.
The Road being first completed from the Tim
Der District to the Delaware would enable the
Newburgh Company to complete the whole lice at
about half the expense, owing to the facilities 1t
would give in furnishing the necessary timber. and
in the immediate profits which would result from
the Timber trade.
We do not wish to be understood as censuring
Mr.. Drinker for his course in this business. We
think it unfortunate for the cities of New York
and Boston that his confidence in individual en-
tcrprse has been the unintentional cause Of re-
tarding the progress of this great enterprise, the
of which would long since have brought
Coal to New ork for So per ton. We know Mr..
d. to be as high-mindcd and honorable as he is
Jealous and intelligent, and we trust that if the
work is to proceed, he may again be induced to
act at the head of the Company.
d For Report see Seventh Page.