The Davenport gazette. [volume] (Davenport, Scott Co., Iowa) 1841-185?, 1852-01-08

and co miles above, IL more than twice as erea,
as that which comes to, or - dependent upon
Elgin.
100 miles, with that on The Galena road, with H.
natural increase from . long line, would make
our heights &35O,O00
Rock Island, 2aos;S
Total. = s837,35O
Deduct running expenses IS per Ct. $3.50,
S4G05r,
Interest on s. 900 600 bonds per Ct. 10000
-. S32O,s4,
our nett revenue, which divided among A, 2ln'
GOO OF stock, would leave dividend of Is NJ,
cent, which think viii be the profits Of ,hs
road the first year after i Is completed end deiy
cred to US by the contractors.
| II we compare our income with that pnt forth
as The profits Of the rAilrond BY the Illinois Csn.
trail company, and estimate the same ratio Of bu.
siness per nile run, our nett revenue would Be-.
after paving all expenses and interest, S429, OOO
or dividend Of l9a per cent on 81 100000
worth Of stock.
| None or ns, in estimating the bushes, of on,
road, mas yet considered the new element OF n,
come which will be developed by the road itself
| The Rock Island railroad passes 100 miles Of
! 100 in length, o, err the Illinois coal field. Tn.
mines near Rock Island city have been worked
Tor seve al years with conside able success. and
in places, along the road, the quantity of coal
seems exhanstible. Those who are familiar
With snch subjects assure us that coal OF a Quail.
| ty nearly equal 10 such as comes to Chicago irom
Ohio and Pennsy lvania can be delivered here AZ
the price Of four dollars a ton.
| As the demand for coai Is constantly increas-
ing with the enlargement OF cities and settlement
OF The country, we may soon rely on the transpof-
,aton Of coal IN latg- quantities as new item Of
profit IN the business OF our road.
/ Viii the local tiaiic OF our road will he a,
GOOD as that Of any 9th in the State, we may
expect TO have the chr par, OF the II ough trait
tie frem New York 10 W. stern Illinois, Iowa,
and The Northern part OF Missur.
i The inn of'ance OF The CAicaso aud Rock Is.
land railroad 10 This city and tie Eastern railroads
approaching il, is now beginning to be app,eea-
ted. A large district Of ex,re,nel, fertile ami
"a idly po.ulating county. on 9th sides OF the
Mississippi, between the upper and tower RAPIDS
whose natural course oil trade is 10 the East, nov
follows the long, cic'ii'oas, and uncertain nasi.
CATION OF that stream to the Gulf OF Mexico, and
ltwo-thirds OF the incalcuabe amount Of business
q be done by the Rock Island Railroad now seeks
another avenue TO the thoronghfaies OF tie
word.
The Chicago and Rock Island Raioai is in
the direc. linz # thu New Yok IN Ere, he
south shore OF Lake E,ir, the Michigan SitHh
-.n, aud Northern Indiana Railroads, westward
across this cont neni. In addition 10 he nifty
OF our Interests with these lines Ut the ellis Of
Chicago, aur road viii strike the Illinois river
the head Of steamboat navigati u, and divide With
the canal the extensive traffic OF that stream =
J. The Illinois ,er has the best naviea icn for the
! longest Oh Of the ear, Of any stream o ranal
length. in the same degree OF latitude, IN The Mis-
sissippi valley, aud first class steamboats, can
reach Peru from s.. Louis, in good stage oil wa
. ter, 10 the short time OF twepts Hour hours
] Our road viii reach the Mississippi river at he
foot o.: the Upper Rapids. Il will receive all Tie
bnsinsss on both sides e il, for nearly two hun
Q dred miles, including all OF Southern aud Genital
: Iowa.
a A large majority of The present population Of
!, Iowa, is south II line west from Dat enpof,
and must to cur road, At that pon', in seek.
E M New York, the commercial emporium OF The
: United States. No rival roads which VIII ever
! be built, can deprive MS OF the advan ages for
western business which the facility for bridging
the Mississippi river at Rock Island gives 10 os
enterprise.
: A, this point, the Mississippi is narrowed BY
$ he exran ion OF the Island TO eighteen hundred
feel, while a, any other point Of projected roai
II " al Ieasi 3UUU feei. IUr uahk- utc TUX
G bound on both sides, and high above the greatest
floods ever known. The whole bed OF the river
! is solid limestone, and the average depth DIVA
ter, in low sage, not over SIX feet. The ap-
pfoach 10 the river from the Illinois side is made
with grade ofn over five feet TO the mile, and
2 on the Iowa side with grade Of not over tify
feet. ami there is no other place where il can be
made al less than sixty feet grade to the mile.
A bill is now before c. nsress 10 grant to tie
q T.. -.
9 T. nsion OF our road from Davenport 10 Council
5 Bluffs, in'ersected by another from Dubuque to
Kecknk, the foot OF the lower ,apids Of the Mis-.
s,ssippi river. The friends OF ihese two roads In
{ that S'ae are acting in concert, and their mem
: ber- oil Congress will press the claims for the
> grant with so much Justice, that we rely with
{ much confidence on their becoming laws, duling
2 The rr. sent session the National Legislature.
= A branch If our road. from its summit be.
tween the Illinois and Mississippi riser', 70
. Gaesharg and Quincy, is advertised for ceniIat,
~ far 4. lssburg, and probably will BE- ready
y for The iron az soon our road is finished t. ne
D point Of junction; and when these roads shall be
completei, there will be nearly seven hundred
miles Of railway west OF Us, extending through
az fertile and productive country as an in the
!. Union, and ssihe great railway to connect the
T navigahlc waters Of the Atlantic, with the val
leys of the Mississippi and Missouri rivers, thus
annTding them uninterrupted commune hon -
: all SEASONS OF tie year." which was projected by
: the intelligent forecast OF w c. Redhe!d, more
: than twenty years ago, will be completed
II falls 10 onr lot 10 forge an important link 10
:. this great cha n across the continent, and we
1 have every motive Of pecuniavy advantage and
: obligation OF duty 10 ourselves and our country,
: to stimulate us to the successful completion Of
wo,k which we have commenced under such "a,
!. vorable circumstances
!, JAS. GRANT, President.
J Among the many striking things said
e by Knssnlh In his late sneeches. was The