Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1848-01-20

IN relation 10 ms is miles OF the ROAD. II ap-
pears that in its construction no less than 3l7,.
900 lbs. of powder had been expended, 100000
cubic yards Of solid rock and 730 600 ystds OF
earth had been excavaled, $4,000 yards Of slope
wall had been constructed, 100000 days labor
had been bestowed upon il by 5000 laborers,
and 80, 600 days labor by horses. The. speak
'er comphmeuted in the highest terms the cner-
gy, perseverance and efficiency OF Mr. S. Sey-
fmouf, 10 whom he said luv much praise could
not be given. ---r.
From this point 10 Bingham,on, distance
of about l30 miles, nearly every section is be-
ing worked. and a large portion will be ready
for the supersiructure by The month of June or
July, aud before the Isl of January next, unless
unexpected difficulties shall occur the DIrec-
Tors intend 10 have the cars running to Blng-
hamon, If not larher.
The earnings Of the road now in use, during
the year jus, passed. had far exceeded The ex-
pec'a,lons Of the Directors, being S25l 900.
against SlS5,5l6 for the preceding vear-an
excess Of nearly S65 900 For The coming
year he estimated The receipts from $500 900
10 $50, ,000-when the earnings will be exceed
ed by only one Railroad Company in the STATE
Of New-Yofk /; and, when il shall be extended
TO BInghamlon, the earnings will be more than
double those of any other Railroad in the State.
To reach a poln. so important in the inter,
es's OF the Company, all The energies and el-
forts OF The Directors are devoted, in order 10
accomplish The work al as early day as pos.
sible. And as IL is principle generally ad-
mlted, that The longer The IIre Of Railroad,
the more profitable 10 the soc ckhoders, il is be-
lieyed, when The road shall ever reach Blng-
hamIon or Elmira, such results VIII be attained
as will Justify The highest expectations of lis
friends, and that the merchants and business
men Of New-York who have so creduabiy 10
themselves conribiled their means to carry for
ward work so important 10 our Ciy and STATE.
will be fully satisfied as to The character aud
value of their investment.
Mr.. l.. said he would close wha, he had to
say, in the words Of portion of The address of
The present Board Of Directors 10 the public,
viz: That the presen, Board Of Directors are
fully determined 10 leave nothing undone, which
they can do 10 carry forward this great enter
prise TO an early compleion;" fully endorsing
The statement contained In another porIIun OF
The address, lhal-"Wha the Erie Canal has
been, in its important consequences, to The Ci-
~ and Stale of New York, the Erie Railroad
we believe will be, when once opened from The
Hudson River 10 Lake Erie"
WILLIAM E. DoDGE. Esq being 'hen called
upon, spoke for the space of fifteen or twenty
minutes in glowing terms Of the fstiering pros
pecs OF The Company. He said that with hi,
six fee, track. road $50 miles in length, passing
through he most beautiful aud fertile valleys,
connecting The great Lakes with the grea, Com.
mercial Emporium of The Western World, no
man could be found wild enough, enthusiastic
enough 10 estimate the receipts and revenue
ten years after.ils completion
Major WlNsLow asked 10 be INDUCED in
single remark. He perfectly asonished
a, the results of the last few months labor on
the Road, The evidences Of which he had his
day Witnessed and in behalf Of ne stock khnlder~
he was prepared TO say tha, The Officers and
Directors had done their duty
Mr. NORMAN WHITE, after some general and
appropriate remarks. said that he did not see
any grounds for The as'on!shmen, OF his friend
Mr.. WinsIow. How could he, when he had
just heard from The Presiden, ,he enormous
amount Of ammunition used, and knowing as
he did the ability of The Loder.
bANiEL JACkSON, Esq. VI CHeS'eI, ditcI
few pertinent, remarks, gave the health of H.
G. SEYMOUR. the able Superintendent, of the
Road, and Mr.. S. S. PosT, The efficien, agen,
OF transportation.
Mr. PERSON gave toast 10 The Contractors,
after which The company rose and proceeded
to The cars. arriving in the CRY abou, O'Clock
in the evening
The section between Oisyile and Port Jer
Wis has been mainly constructed since June
last The Pfesiden, having determined 10 com
ple'e the work by The Is, of January, $4,000
laborers were sent over the Road graluiiously.
The contractors. Carmichael IL Suanahan.
NJ. C. Story. and Thomas King, deserve cred
i, for the energy and enterprise with which
they have fulfilled their contracts. The gra-
ding alone between Otisyille and Por Jeris
cost $4,000 per mie. The rails were man.
ulacuered al the Lackawanna Iron Works, in
he Wyoming Valley hs~aa. .a.a
The chief obstacles in the way Of this grea,
work have now been surmoun,ed In The con.
neetion formed between the Hudson and The
Delaware. Let it's friends. therefore, lake