Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1851-02-20
A Chance for Prosita Die Investment.


While so much is said about the convenience OF
having Rail Road through our county to the
Coal Mines it seems to be proper time to exam
inc the subjectin dollaf-and- point of view,
and see if our people are doing wise thing In
permitting strangers to come in and take the hon.
or as well as the emolument of building for US a
work that bids fair to be more profitable to its
stockholders than any road now known. To make
this the more palpable, let US take a view of the
Delaware & Hudson Canal Company, who obtain
their coal from the same valley, and see what their
operations present as compared with our proposed
opening. They have Canal l05 miles in length
with 100 locks, and Rail Road from Honesdale
to Carbondale of Is miles, over which. all their
coal has been brought to the Canal until the last
year, during which they have built and brought In
to use the Washington Rail Road, 40 mile in
length, as another feeder to the Canal-rnaking
the distance 124 miles by one route, and l48 miles
by the other, from the coal mines to the Hudson
River at Rondout, or Kingston, n Y, so miles a.
bove Newburg. They have invested in these pro-
jects about $7,OOOOOO and upon this large invest
ment they have been dividing eight per ceut. semi
annual dividends, or sixteen per cent. per annum!
Let it be remembered, too, that this Canal runs
through country furnishing comparatively no
surplus agricultural products for market--that it
is only open seven months in the year, and that
the river at Rondout is closed on an average from
three to four weeks longer every year than the
Hudson at Newburg. g s. fsss.1. t,. s.sg'
O,r De- nj ba
tonia 1913 miles to tide water at Newburg. 1t runs
80 miles in New-Y York state, 46 in New Jersey,
and 45 in the State of Pennsylvania: it passes
through country unsurpassed in the amount of
surplus agricultural products, and also opens the
rich valley of Wyoming, by short route, to mar
ket, The Road runs nearly its whole distance in
a valley presenting unequaled facilities for cheap
grading; much so, that our portion of this road
46 miles, hardly cost half million of dollars
to complete with heavy rail, ready to receive the
cars. In addition to this have no ascent over
30 feet to the mile, on which it is ascertained
locomotive can take Ave hundred TONS Then,
when we say that our whole chain of roads from
the coal beds to tide water will not cost when per-
fectly equipped for business one third the sum IN
vested in the Delaware & Hudson Canal and its
appendages-that it will be open the whole year
round, and that in addition to all its other busi-
ness of passengers and mineral and agricultural
freight it will be capable of transporting to mar
ket double the amount of Coal yearly that can pos
sibly be conveyed through the Canal-who will be
found SO skeptical to assert that our Railroad
stock will not be worth much more than that of
the Delaware & Hudson Canal Company, although
the market value oftha latter has for the last few
years ranged from $3.50 to 160 for every 500 O.
riginally paid in How can farmer, capitalist,
or any resident of Sussex or Warren who has a
dollar to invest do better than to use it to help a.
long this enterprise, and thus, while enjoying its
manifold conveniences share the honor of its con-
structon, and the profit sure to flow from it's ope-
ratons Nothing can more powerfully contribute
to the success of Railroad, than to have the cti-
zens OF the various sections through which it pas
ses, pecunlarily interested in its management; and
this can only be effected by general subscription
70 its stock. We think that we are not beyond
the mark when we say that there is enough avail
lble capital in Sussex and Warren to build the
road through the two counties, if those who pos
sess the means could be induced to make invest
nents AS it is, We hope handsome proportion
Of the stock will be taken by our citizens, SO that
IN undue share shall not be held abroad.
Susser Register.