The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-05-22

York ave dsys And on tho completion Of the Chaua-
nooga and Nashville Railroad this win be tho ordinary
of travel Nashville which will be reached from
Yicksburg in ~ hours.
In regard to freight 1t viii reduce the time of con-
veyance from New York to vicksburg about days.
Of which six days allowed for the trips to Charles
ton and four for railroad conveyance to ycksburg 1t
viii reduce from least per cent from New
York Boston to vicksbug down to per cent or less
to Charleston, and thence to Vicksburg. II the
goods be worth fifty cents pound, this would
be than half the railroad charge-leaving
profit to the road II would enable merchant whose
packages usually valuable much beyond 10 cents
pound the averagc) to in direct expendi
ture to have his orders promptly supplied to maintain
large business upon comparatively Light stocks and to
exclude from tho Western markets all merchants who
shall persist in continuing the risks delays and loss of
capital by the Cape OF Florida route.
These are many of the advantages resulting from a
construction or rather a completion OF the link in tho
great Southern railroad connecting the Atlantic and tho
Mississippi II is necessary to make state
ment othe estimated cost and tho probable income both
gross and net appears that the route in Alabama is
more favorable than the survey line in Mississippi and
presents unusual difficulty, with the exception of
crossing the Tombigbce and Alabama rivers. The CON-
mittee report however that this road be made OF
small cost per mile any railroad Of Its length in tho
cost down at twelve thousand dollars per mile with tho
heavy rail- making aggregate cost for the GAO mios
between Jackson and Montgomery of 81 ss0,00
Estimates Of receipts have been based upon the earn
ngs Of railroads in active operation in different sec
tons Of the country. The average gross income per
mile on Northern roads than doubles that Of the
Southern roads II is also put down in the estimates as
axiom, that long railroads productive and
profitable than short ones; in other words that the
average gross income per mile long roads is greater
than short lines The annual gross receipts the
Southern railroads estimated sss952s and the
Pcnscs at S52o93 53la PER cent, being the of
other Southern roads This would leave a net income of
S463 607 which, 900 600 the estimated cost would
give dividend Of SIS As per annum each share of
500.
II the experience Of the ycksburg and Jackson rail-
road assumed the basis Of calculation for the
first item, the gross annual income would
And deducting the osis per cent for expenses S357a
There would be a annual income Of. -. $685. 3s7
which, 900 cost would be 1850 each share of
stock
We are much grafed to that the South is waking
up in relation to these works Of internal improvement
and evince determination to carry through to compile
ton, the most important lines in contemplation. There
is no section of the country better adapted the con
structon of railroads. requiring them to greater
extent than the South The absence Of canals and
navigable throughout the season. has retarded the de
veopement of tho Of that section very maer
ally and the only mode Of communication between OF
trcme points Of tho South likely to be profitable by
railroad