The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-01-06

contrasts for future delivery price. quit
a. high - the New York aud Eric RSilro.d About
this tine they closed . vrh Nss.r. ssrsatoa
:Sss III
poiAIk on &h4 ReNd At about ~ miles distant rsuAs
sssir Scso. they e. ss NJ S e
the HhsgfthsN New Ysrk asd Ert 'Rsilro.d Iess than
sS n. !. y e. "a ..asa
Livery from &sS York vsss hssSy. In some pisesa 80
to M2 pen esa. The oompssy, tAsrsf,ss. nsasS-d
tn be asissesstoA bs line eEE~s rad sANsf Sssxat
efforts NIP SyAs comp tnss' thea cost ot i'm,
s' fsss. sss IL, .w ysSs
Railroad Company would edyspce III IN thu con.
tract Ssco exp ndsd In sslarg their wpNv
rity ofgehtsmsl of tp0xn ss.lth lin thu stty ana
Of the sn , u tons On sss MSs
the isor st!tss. S7,s pei ton Ysi strsns iadasir
the offer bsinG 40 uuoh better than rsesivsdfno
any other qssrfee. bel ssvinsef $50 tn Ss10o0vY
Board, ana Omar stoo shcasEs snSsrtoos I'd furSS
tes money tSyiie the priv i-ss of pg,sa
interest IA thstx property, ~ on su ssion shaS
pspsrs IN 4hs snnou ncemsst sfrAS CONT the
offer made sny lies Who chcte tsksths pscS
SUSCEPTIBILITY, II va. found tSss il ~Su,d seo III,
iSstsAd of GOO. aud th g-nismss 90.
From tnsfsrnseisn OF the prv.snt comasn = ti the
preeent tmA tAeFe hasndt besp time that thny YOU'D
not bsye feaaily their is-rrst FOR the nh
ceDers eSo.t Oo0 sons have sesu d-iivsr.d aud %
the lsssf Jsussfy. ls4s, ths nic osvs tins lot
W. ma every ~ sS ,ss
wn9ns. sat re s-s.t sxpsess and ddl alty OF
Tnsy Ssss, nsvsf stetpsaSa Ssy. nsishrr Ssvs thsy
dismissed terts msn, but hsvs SEED the work asf&
as they could Thsy hrys never ,barchased,qr been
Ength tsfrasd iron SAs t. req atred abons rs 400
tons Anish 10 Biughamtens the Ratlrosa rousAuj
Of sbeus $4s but to put the ne OF rairsad cost
some 1yic more At thsa time Ak the contrsst with
Me'trs S'ran Patt. no one could have autoips-
.ndth politirx chISses On the CON timer but for
there ths dsn.pd To-, rails woaL. have been great
time - whe tbs co trsct was made. 80! si-A.
wslessn, other sdpscss, the the ,dIrsotoss1in
the 0smpa yywho are special partners In tbs
iron compa1y"Gsre induced 70 make Tho nd q
mutE on acbcuMt Of the advantages their aerdantns
Affairs nisht Aeriye fromrit, from the fact thst
large int profitable contrast had been mads v'th tina
Railroad Company. Thesnyestment was also con-
sidersd sees1s epsndtno { tfson mauufscturins
butiRfss thatIs lmuch lasssr sum wa, adyaused By
individYas GApscis psrtnsrs than that promised By
the Rsroad Company, In this sgs Of s4tfatsgs nrs,
recklssaAsss and folly n thl nseement OF bAresd
and s other Incorporates Sompsnies It isimpsssbis
to divest ourselves Of the impression that motives Of
indvidtsffntsfest operate powerfully UPON those
entf1sisd with,the manaysnsnt Of the ansnees thsu
the the Of the pubfc Ut IsreS
So fasas the iron oons, act authe extent Of the f
tef.ft Of fexthiA eotoS ~ shs cub
lie have beth SIDES af the can dss their
owninfsrsAesSS but thia N small matter senpsssd
With The other expenditures. The address
off No A. IL ~
road 20 Birgharbton, does pot throw any Light upon
the suhjsos and leaves the oussy matter Of % much
mystery A. ever The only oSusss given for the cost
of hsroad to eSoesdins, by ssyefaa mill
lion Of the sum eaiimsted for tho whole linz
are the high piee OF labor and ahd the ne
ture Of through which the road passssIt n
abb stated Sytts company that when the stinAtss,
which were Published just before the opsnisssf the
books the three milAon atsck suBscriptisn we're
sde careful and accursss sarveyshad notSesn maas
but the statements Of psecedHg board ef directors
were taksu snppcsng them to be ID the asn eorrsct
but espsrie paa hss shown bat they mperct
unrelis he THIS admission is something; but Ii Is NIT
sufficient tn ssoount Satisfactorily FOR sseh an snse.
nous the sest, a mistake Of two or tHres
E,ilionsin TIE estimates for the ssugsh Of road
would hAys been, terhsRA sxeuaAbIs butA mstaks *
bet wesa 6veasnl six mtisns in the estajatss fot
ess Of the xhbits such gross igao.
rance ,tst iss ipossbls TO Scconpt fo IT satzsto,
rily. rrti4.ls s,,r sfHrns ~ a.rr7aG
TfsprsnasptH the Germany ssss, IN IN address
that item exps diturs is foahd
in msntof the old IL Of the ooa.
cern ihe sncuns of which was nos accurately knova
when the SnsWg stock subscr ptoss were obt.insd
This ssde ,hin& new to us, and aoubtfsY i, TO- The
bondh6 dsss and those holdtngold clslms Gg2inst
The company rAe.s old bonds ana most Of the, old
c1.; 90 v6nut ~