The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-06-19

BELGIc, AMERICAN, ATLANTIC, AND MISSISSIPPI
HALLWAY AND EMIGRATION CoMPANY.-There ia .
detailed project for constructing line from Savsn-
nah. in the State of Georgia, U. S., to tho city Of
Natchez distance Of some hundred miles, BY
which the Atlantic viii be connected with the Mis-
sissirpi, " the father of rivers" Tho company.
which proposes to construct the line in sectiOns il
of Belgian origin, and is formed upon q concession
granted by the legislature Of that State to certain
influential parties in Brussels and Antwerp. An
important feature in the company is that the share
holders will be protected from any possible loss be-
yond the amount Of their subscription, should the
undertaking even turn out wholly abortive. The
capital is to be supplied by Belgium, Georgia, and
this country and the subscribers are protected by
societe onoayne which limits their liability to the
amount Of their shares Should the requisite capital
be provided, the company will achieve work Of
great Importance. not to America only. but to
Europe. Steam navigation accomplish tho sec
Journey from southampton, Liverpool or Antwerp.
to Savannah in fifteen days but tho passage
thence 70 the Mississippi is through tho Gulf Of
Florida. which frequently consumes ono month.
and is proyerbiay difficult and dangerous Bv
means Of the railway, the journey from Savannah
to Natch,z, on the bank Of the Mississippi, will be
effected in twenty four hours. The line has boen
surveyed and the ground is stated to be very favor
able Tor the rail. 1t will commence at Savannah.
in the state of Georgia, and proceed to Matches, q
distance of some hundred miles. "Large portions
Of he line will traverse valleys and prairies and the
engineer will not be startled by Boxhill or Kilsby
tunnels Timber can be had on each side Of the
lire. which Gun be used, particularly for the wooden
rail, common in America, sleepers, and every
kind of wood work and above all, the price
Of the land. which has heavily encumbered
our lines, will be next to nothing" The great
valley Of the Mississippi drains surface not
inf, rior certainly. to that Of any other river in
the word, from its central source, including its
main stream (he MissourD, it is upwards Of three
thousand miles from the ocean taking into account
the winnings ofthe river. This valley, rich in na-
tural resources and calculated to become the soats
Of populous communities is comparatively isolated
by the want OF INSTRUMENTATION with the States
Of Alabama and Georgia, and by its sea distance
from the Atlantic and it is scarcely possible to est
mate the benefits that must result to tho three
States by linking them together, and opening thu
great water lines of the Atlantic and Mississippi
What return the shareholders may expect from the
completion of this national work, we are not sufh-
GENTLY skilled IN railway statistics to form accu-
tate opinion An emigration scheme is associated
with the railway plan, and, an inducoment to
the shareholders, they are, without pecuniary rsk,
to participate in the development Of this scheme.
Georgia Is recommended as possessing salubrious
climate and one well adapted TO the European oor-
the State cotton mills have been located, and it is
said to have coal BEDS and immense deposits OF iron
II is fayoiably distng uishcd for ITS punctual
payments OF all its obligations, and tits the only state
IN the Union that allows aliens to mold, sell, and
mortgage property privilege 81 me timoolc value
10 an e,yjorafng population. 10 will be tIouu
the above pa,tioufars that the project oilers mlay
Inducements 10 English capitalists, and In the pro-
s4n, stoto Gf the money market ii VIII be sure &,
comrganI attention The subscriptions liet il hiiug
10 an nuinber III app icant ard the shares
W. bcIiesc, already coanauj Wcnnum OF thrss-
ss-.,,-I..as.. -',~.