The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-06-01

city OF New York The trustee Of the bondholders Il
d. r. Martin, Esq President Of the Ocean Bank The
city Of Brunswick Is destined TO be Of the most i'm
porsnt ports the Atlantic south Of New York The
completion Of tho canal opening all the great central
cotton regions Of Georgia. and the great pine growing
section that State will make Brunswick depot for
there staples and be the Of most lucrative trade
railroad In Of construction from Brunswick to
Pensacola In relation to this road and Its Importance
the New Orleans Bulletin says "A enterprise il
about being taken in hand which, when contaminated
will Of material interest 10 the country generally and
to the city New Orleans in particular company has
recently organized composed of influential citizens
Of Georgia and wealthy capitalists Of Washington and
New York for the purpose Of constructing railroad
the upper portion Of the peninsula Of Florida from
the port Of brunswick in Georgia to the city OF Pensa
cola Brunswick has occupied public attention for many
years past and the Legislature of Georgia has granted to
1t at different times many valuable privlcges-among
others, charter for canal connecting 1t with ths Alta
malia river, that the richly tmbered country OF
Southern Georgia may find market for its valuable pro-
ductions and likewise charter for railroad from the
port of Brunswick to Pensacola the Gulf The exoa
walton for the canal commenced ten years since
but for want of funds II suspended it has been
renewed under favorable auspices with every pros
pec of successful prosecution The charter with the on
New York company which has set to in right good
earnest One hundred and fifty hands are already ac-
lively employed and by the LIST of January next the
entire canal will be completed thus br ngIng the yalu
able timber and cotton lands of the Alamaha and its
tributaries in direct contact with market the Allan
tic The contemplated railroad to be forth
with; and the company having in design making
1t first class railroad connecting the termin on the
Atlantic and the Gulf with branches to Tallahassee
Albany the Flint river The distance from Brunswick
10 Pensacola is about two hundred miles the will
through of the best tmbered fertile re.
gons in the whole south The physical features Of the
country arc favorable can be wished and the entire
cost Of the road with equipments is estimated at 81 $780,
600 Tho port of Brunswick has the best harbor south
OF Chesapeake bay and the only place the southern
Atlantic coast where vessels of the largest class enter
and load or discharge at the wharf without difficulty and
at all stages of the tide The other terminus of the road
(ensaco!a). is naval station with the best harbor on
the Gulf The utility and protablenes of such road
cannot be questioned
The Brunswick Canal Is twelve miles long and fifty
three feet wide and extends from the great river
ga the Altamaha to the port of Brunswick where it is
fed by tide water. The company chartered by the
State of Georgia in 1885 which charter was renewed in
1851 with perpetual privileges of liberal character The
state has subscribed and paid $4,000 the stock and
the company have expended capital Of si75 900 the
canal which is all but finished and the proceeds Of the
bonds are to be applied to the payments for the compile
ton of the excavations and of the building of the locks
one at each terminus of the canal They win require
more money to fulfil all their engagements for percctng
their works which are In active progress and the canal
will be opened for traffic on the LIST October next.