New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1852-06-18

hours to Nashville in twenty-for hours to
Louisville in thirty hours to Cleveland Lake Eric in
fortyeigh hours, to Baltimore via the Memphis and
Charleston the Virginia roads, in fortyeight hours
and at Chattanooga by dvergng on to the Georgia roads
the passengers from New0reans be landed at Charles
ton Savannah in hours In short the extern
sion of this the Tennessee river will place New0r
leans in contact by railroad with the Capt.
toll Of every State the Union east of the Mississippi river
reducing the average time of travel to the most remote to
seventytwo hours and diminishing the expense in like
proportion.
Our city from which the road is to start has popula
ton of 100000 and the cost Of the road will not exceed
ten millions of dollars.
The system OF South Carolina railroads starts from
Charleston with population of 10000 and at cost of
near nine millions of dollars. Our road runs through
cminently fertile aud productive country for its entire
length after traversing twenty miles of low ground
the city Their roads, for great distances, pass
through regions entirely insignificant in population and
production. Our road is about five hundred and fifty
miles in length Their whole system is only 240 miles
length Yet the gross receipts of these Carolina roads in
the year 1851 reached million of dollars, and after
deducng expenses interest on loans and fund
of more than one per cent yielded dividend seven
per the stockholders If such be the results of
the enterprise Of Carolina if roads in other States have
been sesusainng and dividend paying roads, at ORR
gnal outlay always double, and frequently fourfd that
provement passing through country of gigantic re-
sources full of wealth. of product of population and of
wants that require active intercommunicaton between
city and countrya road that commands by its
tons and intersections greater extent of country than
| any similar work in America.
In estimating the results Of this road it is not to be
forgotten that if delay in undertaking works of this
kind has been unfortunate in its effects progress
there counterbalancing advantages which will
form source of profit. We build roads with
greater efficiency and at half the cost of roads built
twenty years ago Science has advanced experience
impaired her lessons materials have diminished in price,
labor is cheaper effective and accessible and
the heavy item of iron is at less than half its former
price These of the that make this in
\ vestnlent one of certain heavy returns.
| We assume that great railroad from New0rleans to
Nashville with adequate equipment for the necessities
of its service will yield returns for the transportation of
passengers both ways for freight produce brought to
NewOrleans and supplies carried back which at rates
current will amount to three millions of dollars. This
amount is less than the present annual and rapidly in.
creang gross of the NewYork and Erie Railroad
only ago miles in length and will be derived from the fol-
lowing sources:
100000 through and way passengers at an aver
age OF So.... 81 ,6Uuu0O
100000 bales of cotton at 81 0.....,,... 100000
| Agricultural and mineral productions of Ten.
nessee, Virginia and Kentucky ........... 100000
Horses, mules cattle, sheep etc. ...,..... 100000
Merchandise, groceries and supplies of all kinds
from NewOrea,s to the interior. ......... 100000
$4,000 600
/ If 40 per cent. of this amount be deducted for
/ expenses according to the experience of
/ other Southern roads. Observation-Disclosures. 100000
There would be left a net RECENT of s, 500 600