The New York herald., 1845-05-27


with the roads OF this Sta tie and the Western road Of
Massachusetts,, exhibits the following result:
Cosr OF R.LRoADs-NE " YoRy. AND MA.sAcHu,rrr,.
Gca~S tica and aad 7 miles long,
yracuse and Utica -. 50 do II5I S76
Auburn and Syracuse. % Jo -'1sa'ese 1ss ese
Auburn and Rochester,, 70 do 7oS saS
Attica and Buffalo. '' 81 do do assss aas 'ss9
Western and Worcs,s 49, e, ~ Aoa1 oo''' Vo'Nos'o'4
ioa0' HaA'a'nuSs fis~>... ool do lo,6se, ,2oa
New York York dss and sa7 Total cost SIS 300 s7s
DiIer 4nce in length, Difference in
49,. ...... 80 cost, less, $ll ,450,s ,s76
is " very fair statement ofthe length and cost Of
running from Boston Buffalo, and of the Erie
roaa unpng from New York to Lake Erie. 1t will be
Seo' that the Erie Railroad is hundred and sixty
q ht miles longer than the line of roads running from
Albany to Buffalo, and the estimated seven hun
dred and sixty four thousand dollars less 293 miles
longer than West Sockbrdge Western anaWorcester
roads, and estimated to cost 49, less with the
lien of the State of millions the would be $lse
less than the cost Of roads running from Boston to
Albany, distance Of only 2Ol miles. When the i'm.
mense benefits this city would derive from the compile.
ton of this road considered-when look at the
triang cost compared with similar works in other sec
tions of the countrywhcn have SO many evidences
before our eyes Of the producveness Of these works
even when completed at great costwe are asonished
that the capitalists and merchants of this city whose
great resources and eneprisng character have made
this the commercial emporium of the Union have suffer-
ed other cities to get the of this
nature and have rested quietly amidst the efforts of
rivals attract our trade to other markets. by opening
means OF rapid communication with sections Of the coun.
try we have heretofore had the exclusive control Of The
time mas arrived when We must ourselves, when
corresponding efforts must be made to retain our COM
mercial supremacy to those made by our neghbors to
deprive US Oft We have the means all that is neces.
sary Is liberal and judcious of them in completing
ne works OF internal improvement dvergng from this
cty' that have been commenced The Erie Railroad,
even in its resent state gives some idea Of the produc
hVeness oil the line when finished
inc receipts Of the Company for the past three ears
snow very steady increase from year to year
ERIE RAILROAD
'r0ss epts for year ending Sep So a so 5s7 50
aO ,44 I6s'as5 %
ofthesc amounts the parts derived from the Railroad
proper, during each year, were as follows:
Is astyear ..........:.......sa sas,sas 81
"a 95,735 Al
Su .l22,I6S 95
The income on the Railroad during each year was
made up follows:
ls year from freight s4see7 81 From 81 80
"a 60,070 Sc I" 4" 35,064 IS
During the first year and three fourhs of the second
the length of the Railroad in 46 miles,
mander of the time the line open Middletown 50
miles This increase is about thirty three and third
per cent At this rate the receipts for the year ending
September 3oh, lsl5 will be about two hundred and
twenty thousand dollars, only fifty three miles, or
about one ninth part Of the entire length Estimating
from this data with the through freight and travel the
gross receipts Of the road when Completed should be at
least two millions of dollars per The gross re-
cspts of the line of roads from Albany to Buffalo last
were sl3i7 9s6 the cost of the roads being
GA These receipts principally from passengers,
the income from the transportation freight being very
small These roads pay large dividends the Worcester
in Massachusetts,, pays large per cent, and the Wes
tern, notwithstanding the immense cost could-f the
directors deemed it good policy to do sopay six per
cent per Is possible in the these facts
to suppose that the Erie Railroad, running through a
rich and populons country connecting this city with the
nexhaustibe coal mines of Northern Pcnnsy vana and
with the most important of the great lakes Of the west
opening to the whole western country the mar
ket the Union for the products of that through
out the year, would not be in short time the most pro-
ftablc and productive works Of the kind on this con
nent Take upthc map Of this State and trace the route
contemplated for this road and it will be found very diff
cult to resist the conviction that of all sections Of the
country requiring of communication with markets.
that is the most important The southern tier countless
OF this State and the northern tier Of counties Pennsy
vania are immensely rich in resources, only requiring
facilities to devcope and bring them out The Eric Canal
and tho northern line of railroads have built up cities
along their length and reasonable anticipate the
improvements along the line of the Erie Railroad
Let rpton books for the stock Of this road be
placed in the hands of gentlemen feeling deep interest
in its completion, who will perscvere in the until
success crowns their efforts whose standing in the
muny is guaranty that every effort will bc made
ensure the construction of the work. of gentlemen who
can so to capitalist and say have subscribed for
many hundred shares, how many hundred will you take
Subscription books in the hands of gentlemen whose OK
ample in subscribing largely will have great weight with
Others will be filed and the completion of the work
ensured We have taken up this subject at this moment
on account OF the vast Importance Of the enterprise and
the necessity Of arousng the public mind while the times
propitious. If the present moment ia suffered 10
pass without securing the to completc the road
fear the whole will go to wreck and ruin and the
trade of the western country be steadily attracted to other
markets. the position wc have long sustained be
gradually weakened.
II cap itasts do step forward in this emerren
cy and subscribe to the sock necessary to secure the
construction Of this road, shall be compelled to call
upon the capitalists Of New England for their aid in car
ryng out this enterprise They have sectional feel
ngs; their funds freely used to advance work Of
ternal improvement showing the remotcst probability of
being productive. They already have large
in all the important railroads Of the country They have
not only built all their roads without any foreign
ad but deeply interested in all the railroads of this
state, and the principal owners of the Philadelphia
and Reading Railroad of the most costly and must
be eventually Of the most productive roads in the
country. They invariably carry through every work Of
internal improvement they take hold Of and every pro-
aabe road In operation thoy mako large investments In
Many 0f the roads built In New England IN any other