The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1851-02-21


GA RAILROAD?
Ia our last we attempted to show by ca.
cna'Ion whnt the profits Of til : road Ill b.
un H. Cowp'rtIun 10 the Tennessee river -
The amuun, Of freighrs NO then pul down
a, what We considered AZ the time 10 BE- Il
very moderate sum. SLIP. 100, ard the re-
caipl- for passengers and the mai at $40,
coo, making IN the aggregate S ls2 100.
thirty five per cent. Of tins last sum ~
counted Il. expresses, making : - 9i2 The
interest on the debt Of the Company (H5O0..
0OO) is $50 600 SubtracIlrg these lwu
last suns from the gross earnings, there re-
manned ~ mott profits S~S.1-c, which is n
tr .cllnn over II per cent. upon the stock Of
the rpnd This of l's'Jt is certainly highs
" il1ricrIrT prospect. 50 much SO ina ed
tia we something's ienr that eur ca'cula.
ton. may hnve been "XNggcrn'"d. That IT."
rund can aud wi yield sir per cent. up""
ritrstock there can be II" qn">'ls'. SS<.n
r,ort profit Of only @iS 600. after paving
eXp'n-es and interest. will divide that sum.
Bat there is another and more enlarged
view to be 'nken of the subject, This read
mus hn considered as Ink IN The gr"nt
cham Of railway connecting the ca stern Al.
the Guli Of Mexico, a d /, is III this point
Of view that We propose now 10 say few
words.
The entire cost of the road hen romp|"'.
ed to Knoxville putting down the cost pc
mile n the same as heretofore, cannot eX-
coed ~, 500 600. It's probable in tho fur.
,hor construction Of the work that the Com.
pany will fad it more TO their interest I"
ISSUE an additional amount If Bonds. :"
TINT the ind h'cdness may reach atthnt time
$500 COO. having ~ stock OF the Company
one mil ion Of dollars.
In three or four years the entire chain
wi. b. finished, md Boston and Memphis
vi hc connected by continuous line o.
-aplroad. A system Of interim, improve.
'nen's IS IN progress "h'ch VIII '""sP''' "
make TINS the greatest 'horo"Eh'"r' III '"'
Uninn. amongst the very host pnylDg stock
III ''e ""''"' '"'' P''''"" VI WIZ '''' '''
ming through East Tennessee md part Of
Virginia can have no competition, ms 1t
Il.
passes 'hrou9h VN''Fy luz e"''' '''@'"'
IN ehch s'0e 81 "h'ch ne i"P's''o'' '''"""-
'aIh barriers AZ co'h ~" VIII uN''@'
'"'"S ~ al d'r''"'''S WIG" W." NV ~
most l"f"r'hh' '''"''' W .
IL WIZ ~ wv -''"' Wv '''"' ~"
'"''' i'''' ne
-""' way '" "''' ''
""'S """,
NJ ~ -
-
P' VI ~ ''
w. Az VI H'""'''"' 'PP'' h'u'>'""''
''"''' A'""h-"N' P''' Ut h'"'''NV' wv"
p''' y" "''>s'"''' s"''s N''''' VIII i"'
we '''>' 'N''"'''''s' SAFEST c"'"F''>'' VI"
mos p''a'a"t ron" "' All o'h'f'' Let any
one tax" mp OF the Uhi''h states ana
look at the position OF the country. and he
cannot foil 10 see 1t nj glance. Look for
moment at the great works ct internal
improvement whici, are completed md N
process Of CONSTRUCTING, branching ont from
lh> line in snuth"r'v and westerly dIroc.
ton. FRS, there is the Gr"rgn Safe ro-d
running to A'Iau,n, in the crn'r" o' the
g-cnI S'arco' GeorgIa. from which n"rn, I"
roach Redmond virginia. it is nearer ty
Al mijqS 10 90 tins way than bv the Char.
lesion route. We hon have the Selma and
Tcnno> sue rnnd. running from the centre Of
the Stn,e Of A'ahamn, and connecting with
this line nj it's southern trrroinus no, rar
from Cha,innoopn. and fntminr with TIN,
rnnd an almost nerfec'lv s,rnirh, line from
the Southwest t. the North east. The
next gront S uthern promo from the stem
(ond the greatest of ally is Tho Memphis
and Charleston rood. connecting the Mlssis