New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-01-08

believing that fostering the industry of the M
merons population on the banks Of the Hudson,
and developing the manufacturing and business re
sources OF that region. are objects Of high impor-
lance to the city they think these considerations
alone furnish Sufficient inducement for the con.
stroction Of the river road but they view the ad-
vantsges Of establishing the che0pea quickest and
bet commune alton with that vast debouche Of trade
and travel At the head Of tide navigation On the
I Hudson. as pqrom0pHf 70 eyery other objec'
/ They therefore cannot yield the ground to the
/ Harlem Co route however that company may be
reorganized and they say with entire candor that
were a railway to Albany now in operation on that
route it would not change their opinion Of the ne
ccssity, nor in any degree weaken their confidence
in the full remunerating profit Of the Hudson River
Road They would be glad il that road were put
in successful operation for the Eastern traffic.
! They proceed to notice certain objections which
they have met from time to time some Of them
originating in sincere impressions, and others excl
ted by opposition to the road and.
Ist The esmates Of engineers cannot be d,peHdsd On
~ su 00rks, and e road likely 70 coa Ten, i1sedd u
cir millions Of dollars
Mr. Jervis having presented the estimate in ques-
ton. the other Commissioners alone notice this
objection which they are satisfied is entirely TN
founded
Ii is true, that erroneous estimates OF the cost
railroads have been made in many instances but
there are exceptions, and the Commissioners fully
believe the case in question will be one They
adopt this opinion from the following facts that
Mr. Morgan, who surveyed the route in lsi2, est.
mated the cost for a dOube track at S3i,5Ol per
mile The cost for a single track SOL 500 per mile
Mr. Jervis tor a single track, ION an improved plan,
how ever and graded about half the distance for a
double track, estimates sioO5l per mile. A differ
ence very nearly as great existed between the es-
innate made by another engineer for the CrOton
Aqueduct, and that subsequently made by Mr. Jer
Wis, when the duty deyoved upon him The con
struction Of the work has tested the extraordinary
accuracy of Mr. Us estimstes-the cost has been
about one per cent. less
But the best answer to this objection is that for
the grading, bridging, tunnellng, &c. Mr.. Jervis
estimates s2,634,9sO and that contractors Of I'M
doubted responsibility now stand ready to under
take the whole work or any part Of it at ten per
cent deduction from Mr. Jervis estimated prices
Again-Mr. Jervs estimates iron at SIS per ton,
which can now be obtained on contract from Amer
can makers at SO
Id The road 'odRno BE- opOdfcd % carry passengers
through 10 AibdHy'r free hours
From official and other undoubted statements it
is well known. that the English roads are travers
ed in their regular business at the rate Of upward
Of forty miles per hour. 1t is equally well known
that over the Long Island Stonngton, and several
other Eastern roads, the trains pass daily at the
rate Of 2s to 30 miles per hour including stops
On the route in question higher speed can be &C
complshed than on any other road in America,
owing to the straghtness OF its line and the level
character of it's grades These constitute the great
elements Of superiority IN speed, and their charac.
ter warrants the assertion that IS miles per hour
can easily be accomplished on the Hudson river
road by its regular fast trains The time OF five
hours to Albany would only require speed Of
tceufy a,He miles per hour.
To those at all acquainted with the working Of
good railways this ofdaction cannot present snr
difficulty and farther notice OF 1t must be entirely
unnecessary.
lid The road cOmps rth ne sttfnoodn on ne
riro, therefore riH not pay ne aockhold7s"
This objection of course, does not apply to the
Winter months. when the road IS sure OF al me
freeht and passengers. 1t is then to the season OF
navigation that the objection is 10 be limited The
Commissioners have never made any calculation
whatever upon heory through freight during the
season Of navigation. There will undoubtedly be
considerable way freight especially OF articles Tor
the daily New York market but they have made
bit small estimate OF profit from that source But
they do maintain that the railway will secure a tar
share Of the Summer travel and they do believe
that share Of such travel, the way and light
through freight and the revenue from the whole
Winter business the greatest thoFoughiare OF ousi
ness and passage in this country Will make TINS
stock one OF the most profitable railway stocks IN
the United states
Speed. comfort and price are the main questions
for passengers to consider inseecting their convey
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