New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1844-04-19

t.>n A5urs By this Railroad whIie J. Will reg alie
At least 20 hours nG the present (AlbenJl route.
New.York sill thus again De placed IN the GtTtet
route from Buffalo to Boston, and the entire
trarel from the West to the seaooaTd must come
By this .sc.e. TINS Is entirely n addition to tie
resources Contemplated by the Directors;
But there i 4 farther vis'F +: Inc h:e i'z''-
rad viii present BIZ f=c the shortest ane most
eligible route from The Atlantic end rom hufoPe
To We=iesG Canada, . province which Il Ie?;ciy
rssrg IN importance n, population, wealth afio
commerce Like EfIe beng reached n th5s va:
az one Rs.lroaG INSTEAD OF hsf Z dozen. WI con
s;.ta.e decided advantage, both as TO tune snd
economy. Can there DC eoubt th=t tbs fou:e
vii De preferred
yast, expanding West. Beng TIC shortest, ;le
nose expeditions, the only always p-actlce-
bic .ou,e irota the Lakes 70 the seaooar /; mus
a,t,ac. q large portion OF the merchandise con-
sten,ly passing. The annual value Of Ine'casn,
disc annually shipped West from Buffalo e stated
by SECRETARY ssaInue! Young d; Twenty-tbrce
Millions OF Dollars; and i but share Oil tbs
c.n be attracted to ou' great work, II VII swell
It's DIVIDENDS beyond the calculation Of the D.
rectors
/, must be remembered, too, that the route OF
MS ISJcL p67SSo ~--4 49, '>-N -" - --
both Anthracite and Bitum:nous, OF Pennsyl-a-
vania, and vii inevitably De connected with
them. The ultimate revsnus from this source
Cannot be adee1ate!; estimated.
Tie number OF passengers daily from Lake
Ere to the Ocean he's been asce.tained - be
aboa, 900, VINO can be transported over this, the
shortest and straigh,ezt route, at Z cos. Of $50
per day, while at IS each lhei' passage money
vii exceed this By nearly 5000 per day, Or
81 ,500,0 0D per annun, being Of itself - per
cent. on the cost Of the Road. This is exclu-
sive OF way travel If there were no other
source Of Revenue, this alone would MAKE the
Ere Railroad highly profitable investment. itls
veil known that tae amount Of travel increases
immensely as it is rendered cheaper, easier and
more expeditions.
The Ere Canal was commenced when
Western Counties had population OF but Halfa
Million and there was very little beyond them,
and dismal psognostcatons Of State bankrupt.
cy and rum II was decsicd, deridcd, regsrced as
a source Of certain Calamity; but what has been
The result Less than twenty years have passed
since It's completion, and It has already p1i1i ITS
entire c0st-(tDf the money Is earned and IN &C.
po.i;c, though Of the creditors decline re-
celve il And now the annual earnings ofilei ghts
on that Canal exceed .Sin Millions u Dotlq,s.
There arc IN England some 1850 miles OF Rail
roads Of which 1863 are completed and IN use,
and the cost Of the whole IS about S2oj,OOU, OOO,
while their actual cash value, tested By the cur
rent prices OF their stocks, was IN December last
no less than SO 100000, or s9OOOO,0OO more
than the total cost OF finished and diminished,
good, bad AMI Indifferent. And 1t IS noticeable
that the iongcSt Roads are the most valuable and
productlye-one OF them bc!ng no" worth t'"Icc
lis cost, and the others some fifty per cent. adj
vance. Would any man have cared TO predict
This before these works were constructed? And
why shall not our Railroads IN time become
equally productive ono
Massachusetts, with an area of 6,OO0,O00
acres, has invested SIS 800 IN Railroads.
and on that portion Of her enterprises which had
been completed, she received last year dividends
amounting to more than One Million OF Dollars
The receipts from these roads IS yearly and rap
idlv increasing Who will doubt that our work
will be at least equally productive
Mr.. i. related an anccdotc oil boston Tner-
chant, who, in recently conversing win New
Yorker, observed that the business men OF this
City were not animated by common spirit, IKE
those of BustOn--Wcrc not Statesnen--coud
seize advantages when thrown IN their way
could improve the avenues OF Trade but not Gre
ate thenl-that, though the Ere Railroad was
vitaily important To them, they had not the fore
sipht TO construct tive arc to sec how far he
msludgcd US.
Mr.. r. remarked that nc attended, while a boy,
a meeting ut the City Hotel to sustain the Enc
Canal in it's darkest hour, when It's adversares
had almost secured It's destruction That meet
ing resolved to stand by each other and the Canal
until it's construction should be 10 longer doubt
full From that hour the clouds cleared oit--thc
work went forward. So be 1t now
This is doubtless the last effort that will be
made for years If the Erie Railroad cannot be
built now, it must be given over. To New York
the last appeal is madc-her interest, her Just
pride, her prosperity requires that 1t he not made
in vain Mr. Paterson here closed, having been
frequently interrupted by expressions OF the hearty
concurrence Of the asscmbage.
At the instance OF ]. Blunt Esq.
WV. b. OGDEN, Esq. OF Chicago, addressed
the meeting in earnest and eloquent advocacy OF
the great enterprise under consideration. He
remarked that the entire West felt deep inter.
est in lis prosecution, and, ii able, would gladly
build ii rather than have it fail. He gave a
glowing description of the growth, resources and
public works Of the Western States, and cGhortcd
New. York to struggle worthily for the great
prize of the Trade of that immense and fertile
regon.-IIe was heard with deep interest and
qualification.
On motion off, Blunt, Esq the official record
of the proceedings OF this meeting was directed
to be published, and the meeting then adjourned
Later from France.
D. ~ o,,;,.al IF tho n,cLet shin 81 Nicholas