The primitive Republican., 1851-02-20

t10ptE1ll|
sRon NAY BE SAFELY ToLER ATED, WHEN .T
G0LJMBU Us, MIS- SISSIPPI, TIII
President TO eyt end the time and suspend
aies for four months Longer, by which Pc
! Rod the two competing lines can he fully
canr assed heir respective merits compar-
ED. the location made, and the selectiol1sof
public lands completed.
The Legislature of Mississippi, with a
view to facilitate the construction of the
road i'll that State, passed an act, at their
last egularssess authorising the Boards
of Police. III the several counties, TO subs
scribe for the counties in their corporate
capacity, not exceeding 81 90. 600 to each,
to the stock of the Mobile and Ohio Rail-
road, provided the same be approved by a
vote OF the people. The county of Noxu-
bee was the firststo act under this law, and.
the subscription of her Police Board ($1OO,-
COO has been sustained by an overWhelm-.
ing majority. The other counties interest
ed viii have the question presented for their.
action at an early day, and letters received
from the most respectable and influential
quarters, express full confidence that when.
the opportunity, shall be given, these coun,
ties will follow the example of Noxubee,
and vote liberal subscriptions to the stock
Of the company.
Ascontract was entered into by the COM
pany with Messrs. Bailey, Brothers & CO.,
iron manufacturers, Wales, through their
agents IN New ork, on 29th October last,
for the manufacture and delivery on ship-
board of $3.50 tons of rails, of the Il pat
tern, to weigh 90 pounds per linear yard,
and to be of the best quality, This con-
tract was made at a very favorable time,
when prices were at the lowest point, and,
atayerage rate of freight, will be delivered
at the company's wharf in Mobile, at the
low cost of $38 per ton of 2,240 pounds
Advices of the shipment of the first 1000
tons are daily expected, and the remainder
will be shipped in quantities of~4O0O per
month, until the contractfs completed.
Thereceipts the company, as per treas
urers report, up to Sd inst, have been as
follows:
TotaIto date of last report sos, ,828 &c
From instalments pd
on stock $4,000 90
City Tax ,4S3 15
Engineer department
sale .ofhorses, &c. 1872 SO
Sfat;o,s
&c. 2o5 90
- 500 65
S152, ,738 81
The expenditures for the same petiod have
been:
Total to date of last report SCI ,422 oil
For Construction ST. ,572 II
Engineering Depr't
Construction SOY 93
Survey $3.50 So
Expense account 4.157 76
Miss. & Ohio commits. 204 90
Interest account 232 16
Donated Land 1875 90
Total expenditure $147, Col so
Balance on hand 5,0S7 i
S152,73S 81
Since the last annual meeting, the Di-
rectors have made no efortsto procure new
subscriptions, but have confined their exer-
tions mainly to completing the first 50 miles
of the road, and putting it in operation
The organization of the Company up to
this time, has been preliminary one-tos
be changed whenever it should become e1-.
pedient to commence operations IN the re-.
manning States through which the road will
pass. Its affairs have been chiefly in the 8
hands Of an Executive committee of Di-
rectors, who, with the President, have de-
voted as much time 10 its interests as could
be diverted from their daily pursuits The
Board nave thus been enabled TO progress
with the work in the most economical man
ner, and as vigorously as the means fur
nished by the Stockholders would permit.
Although this progress has not been, thus
far, equal to the desires of the Board, yet,
considering the great ma gnitude of the en-
terprise-the distance to be accom- mplished-
and, above all, the absence of practical IL
lnstralioIl at home ofethe wonderful effect
produced by railways upon the population
and property of countries traVersed by them;
it is not surprising that public confidence
has been slow in its manifestations. But
the prospects of the work are now such as
to demand for the. future the most active
and efficient working Organization, The
large donation of public lands, granted at
the last session of Congress, places the fl
nal completion OF the Mobile ane Ohio
Railroad beyond the reach Of casualty and /
It only remains to hasten that consulnma-
ton, BY il1fllsiiig into the futnre prosecution
of the work the highest degree of energy
sntlevioar he time has arrived when the