The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-03-19

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several iin,s varied very essentially in sucosssve
J;sr nn' "a orerent parts OF the sane year To this
~ 10 DO attributed, IN large degree the dit.
terence IN the number of passengers In the wear s45
ior the temptation Of very low greatly
creased mo number Of travellers II ia found however
on cacuiaon that the increased number of rassengers
a h no mesns made good the loes Of income from the
d,nhruior OF the ate Tho variance of charge first
class pisseDeeTs, was from six dollars during three
monas OF s44 to two dollars during several months Of
cent mile for The 6rst.class passenger fare The
average Of rates during the year 1914 81 40 Tor
The Whole fecens bv and % o
lanes fmounng in 1874, 10 $3.50 900; in ls45 to $685.
ooo; ard IN lS4S, to S425,0c0."
These receipts were divided between seven compa.
MES, OF which five railroad, and two steam boat
companies. OF the Eve railroad companies only two
hive paid dividends which thoy were enabled to do
from thsic large way business. The through business
OF these companies has averaged asout sixty.,ue thou
sand dollars gross receipts 10 each. There very or
roHaous Impression in tue minds Of IL ose interested ia
tao railroads Of the country in relation the
derived from what is called the through travel 1t th
wsy or local travel that pays the dividends and unless
company ies large amount Of this business it never
can pay any thing on the investment
The following extracts in relation to day and nigh.
aye and the superiority of steam conveyance over
That OF railroads. will be Of service to those com:
ponies constructing railroads in opposition to steamboat
routes
deserves consideration also that the steamboat lines
can be maintained at less COST by about per cent
nanth railroad Illness so that in competition between
flvai routes, the former may make a small pr oft ON
prices by which the latter will be losers This fact alone
is sufficient to put an end to the expectation any land
route however short, Will command MONOPOLY of the
business on any terms
Another fact equally conclusive, deserves con.idera.
ton Besides the economy of time there is an
OF money when the fare by the several routes ia
equal to induce the traveller to give preference to The
night routes. journey from one city to the other for
the purpose Of days business together with the
tourney, is made in two nights and doy and all OK
ppsnses except those Of two meals, included in the
DAY Journey journey for the accomplishing the same
Gays business in addition to absence from home of three
Gays and two nights subjects the traveller to the same
expenses OF Journey and also the best board and odg
ing for day and two nights It is in vein 10 EXPECT that
these advantages Of the night lines be
Teach day. Ibe portion Of day saved viii be insult
hcient to redeem either the fatigue Of two Journey
or me cost OF two nights beard and lodging.
Besides il ia important in public view that the night
lines on their present excellent footing, should be sus
the Of business which caa hardly be rivaea
The merchant leaves tho exchange at the close of bust
ness with time to fin sh bis transactions lesurey in ono
city and, with little interference with his ordinary
hours OF and rest he appears at an early
hour the following day the exchange Of the other
city This is accomplished with q kable degree Of
regularity II appears from authentic statement of
the passages Of the steamboat mail line from New York
by way OF Stonngton during the year ls46 that of the
3l2 passages beginning O'Clock in the afternoon st
New York, 2o7 were completed by arrival in this city
bsloas 0cioGM on the following morning and tha
tarded by an unfavorabe state Of the weather arrived
duriog the forenoon 1t is important to the business of
the CITY, that the mails well the men of business
leaving each city at the close Of BUSINESS should arrive
in the other, before the hour of its commencement Ii
eon,oues greatly to the regularity convenience, and
Experience has already proved, that the suppo.on
night by steamboat, even if performed ii Shorter
space OF time, is fslacy railroad line performed
by day light by way Of the Long Island Railroad, has
oeen maintained for the last two and half years The
continuous line of railroad interrupted by ferry Of 81
miles only in length This ferry is crossed in all ordi
Eary states OF the weather, with and safety
which gives an agreeable diversity to the journey The
journey has been regularly performed during great
10 eleven hours Yet at no time during that period
have the travellers by the day line exceeded fifth part
been as satisfactory in all respects on any railroad
line in the United States.
We recommend these statements the especial consi.
derstion Of the Hudson River Railroad COMPANY. Il
may dicever the truth Of them when is too late Tho
steamboat travel en- the Hudson river will during the
season OF navigation command all the local and all the
through business; and any railroad company attempting
to compete with the river boats will find It inpossib
TO exc cut the most trining dividend, and wo tske
this opportunity 10 record prediction which we
shall doubtless in few years see tho truth of
which Is that railroad constructed upon the banks OF
the Hudson river, between this city and Albany will
never Fay sirgls cent TO its ockholders from the nat
receipts of the line We still have doubts about such
road ever being completed should be- those inter
es.ed wi bear in mind our prediction.
In abiding to the probability Of the "air line com
manding the through travel between Boston and New
York, the Committee says:-
1t nust be apparent from what has been stated of tho
compsf alive length and facilities of the sed
ana that by way OF sonington and Greenpor that the
10 mer can have no power Of commanding patronage in
hen there the greatest amount OF travel and that for
,ne PeiSa when the hs1ilds OF navigation aaord
from halt hour 10 hour in time berween the Woon
socket and the Springfield far
an advantage to authorize the building of new rail-
now proposed ''"'o'
rativeiy insignificant, when the fact is Considered
which may be regarded as unquestionalle that even
j the land routes performed by day by night were
snoIter 'nan they are likely to be made, very large
majority OF travellers prefer steamboat nis5t
route They thus substitute a nights rest for the ia
day. for purposes OF business or recreation Tbers
coubes those whose tastes habits do not ls them
to make this preference and the experiment had not
been tried II might DO difficult to detcrmpe which of
tne TWO modes majority would prefer. But the exre
renee OF more than two and half years. in the running
oil The Long Island train proves been stated thai
very great majority Of travellers prefer the nigh, pas
sage 1t Is true that pa,sengers in this line have occa
pad weather in crossing the ferry but periods when
there could have been apprehension OF such nconye
been mace in from ten to eleven hours the passengers
~ inc day line have rarely been equal to half the num-
Der q those By either Of the contemporary night steam
ooai noes not to be supposed that this preference
oud be changed in any material degree by the sub
uuon OF an ADDITIONAL day lne were il 10 be run
in an hour or two shorter space Of time ''-
The object OF the Committee OF the Worcester Railroad
Company in making these statements, was to ,rovep !,
charter being granted for the construction At
an air line" between Boston and New York. but that
has nothing to do with tho force truth of the
brought forward We have over and over again. given
similar facts and it sa source of some satisfaction to sec
hat the experience of tho shrewdes rail road manager,
% New Engl nd, confirms the statements we have 40 "a
oestedly made.
Ola Stock Exchange.
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