The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1851-03-24

great pleasure thot Saturday
not Of the Alabama and Tennessee Railroad Company
As Is enterprise intimately connected with the interest
and future prosperity Of New Orleans have endeavored
obtain reliable information upon the subject
fhrouRh the poiteness of ]. w. Lapsley. Esq. wa
eheeruy furnished with the report of Lewis Troost ESQ
Chief Civil Engineer of the Road and OF her interesting de
tails in alton 10 its progress.
The road commences Selma, on the Alabama River
ana runs to Guners landing on the Tennessee River with
lateral branch connecting with the Georgia Railroad n
Rome. The estimated is about two millions of doll
OF (which the of fifteen hundred thousand are aread,
subscribed by solvent stockholders. There are now
miles from Selma to Montevao under contract the grading
nlary completed and the for rails purchased The fore
going facts show that it idle visionary scheme but
actual enterprise in progress II is also one which
commend, itself strongly New Orleans, will be readily
perceived from glance at the map owing the connection
OF road with the and travel the country
Let first look link in the great line of Northern
communication. Leaving Selma, unes with the Georgia
Railroad at Rome thence Knoxville thence to Abingdon
Va thence to Salem, Va thence Richmond via Lynch
urg or to Winchester Va and from the latter to Balt
more. by inersecng the Baltimore and Ohio Railroad
great portion Of this entire line built under con-
tract, with every Of the remainder being finished in
few years.
From glance map of the United States it will he
that this the direct line Of Northern communica
uon that ever be established Il places Baltimore two
hundred and miles New Orleans than
" the present mil route with saving tins of eighteen
and three quarter hours II through one of the most pic
turesque countries in the world removing the traveller
once from tropical heat the elevated regions of pure noun
tain air.
The same road, by connecting with the Nashville and
chattanooga Dad Winchester by continuation from
Cutters Landing essens the distance from Nashville New
Orleans five bundled and orty.fve miles over the rve
onts When the Nashville and Louisville Railroad shall
competed this will be the direct that ever will
be estabi,hed between those cities and New Orleans
twill that when the above ske,chet
established, they undoubtedly will be soon this roat
will become the greatest thoioughfae in the world
ing the North and the great West, with New Orleans
The travelling time in steamboats, from Selma to New
Orleans about thirty three hours. 1t hazardn
much that with boats constructed for the purpose
time will be diminished TO less than -four miles.
In commercial point of view, the importance to New
Orleans of this enterprise is still, striking Every one
who has paid the least attention the subject has
the active and strenuous exertOn of the Atlantic cities
Withdraw from the cities the Gulf The commerce of tn
valley of the Mississippi This may properly be style,
he grand internal commercial struggle of the United States
With this th0se ciie have been expense
approaching the Mississippi various points railroads
divert its commerce TO them They have already sue
ceeded in securing the trade of portions of NoI
Alabama and Tennessee Their past has made then
ambitious Of further conquess and they aspire 10 com
pete with New Orleans even for the river trade.
twill bs perceived by glance the map that this rail
road a the roads that have been constructed by a
Southeastern Cities for the above purposes affords thu
interesting country raveed by those roads nearer and bet
Ter market on the Gulf.
So far the competition between NewOreans and Mobile
concerned, the most beneficial results may be fairly ant c
paied New Orleans 1t will give an immediate and now
eul stimulus TO the direct trade between South Alabams
and New Orleans 1t will unite merchants wi, the
old customers In North Alabama and Tennessee who have
been drawn of to Charleston and Savannah An Immense
commerce. with It's corresponding wealth and prosperity will
| be thus secured to New Orleans
As investment stock the most ,eabls s,;s,ic. IN
can oe oo'aned show that it promises be the most profit
| able in the country. ~
As further udueement the taking of stock those yhc
now subscribe are not to be called for their subscription
until the road Is ready Ter the ironhe company having
funds sufficient already insure scessary GRADING
The President and Directors eondt Of soon filing ur
the small amount OF stock yet required tasen if they
can succeed in obtaining the moderate sun of one bun
| and twenty five thousand dollars in New Orleans
Such are the leading features of the enterprise to which In,
people Of New Orleans invited give their attention fo
few minutes this evening 2lth instant the Commercial
Exchange.
II is sincerely to be hoped that the properly holders tn
capitalists and merchants OF city will vas, import
OF this enterprise to their interests and that they vii
from the ethargy which has heretofore characerye
their action in reference to the for commerce
OF the Mississippi Valley, NEW ORLEANS