The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-09-22

The contest for patronage and popularity which is at
present raging between The two lsihnus companies, II
not injurious the interests OF ether has revealed sone
importan, facts and information. The movements and
resources Of both have been pretty well canvassed so lar
~ they were understood by ouisders blu, through the
veil of mystery which hurg around the private affairs OF
The Panama Railroad Company the keenest and most
sharp sighted bear could not penetrate. Their stock has
held all along fair position in the MARKET and has main
tanned its prices without much fuctuaton-hCugh it's
progress towards complexion and tho operations of
tractors and officers somewhat under this
liar mystery Iisue that they have declared div-ends
stated periods and il is also partially known that they
have the monopoly for century OF the right Of way
over the s,hmus, and clear grant Of thirty miles along
the line OF the road. These advantages which we
accord 10 them exclusively their But i, is only
within the past week that their Of policy has been
promulgated, the public allowed insight into their
affairs.
Among variety OF facts connected with this road
which have been forced by the rreseh, contest for
time and speed is stated with truth TIA. The Pacific
Mail Steamship Company in With the orgi-
nal stockholders have taken the crtre construction Of
the road into their own hands, Msesrs. Law & Story
having failed 10 fulfil the terms OF their contract. IN
conformity with this determination, the vice pFesden,
was despatched to Ireland in August. where he ia now
collecting thousand men, to be forwarded direct to
Aspnwall From Ireland be proceeds overland TO China
where he will meet the clipper Sea Which, and despatch
mean time, agents have been through the s,hmus
and Carthagena, gathering native FORCE while Others
have been collecting mechanics in this Slate and in Penn
sylsania, The whole force, numbering nearly 5000
strong, it is expected will be brought to bear on the
road BY January next, and il is said that If human eot
avail the connexsn between the two by railroad
will be effected within the year The only difficulty in
the way Of the completion OF the road TO Gorgona the
lost dry season The accident span of The bridge
aross the Chsgres liver Barbacoes The distance TO
P.naaa from the point which il is now graded ia but
about eighteen miles, six of which present continuous
lsvel plain. nring but little digging or bridging
While these Preparations in OF operation the
American English companies interested on this route
have made up purse OF $4,000. from which the ex.
penses for immediate repairs the mule track are 10 be
dsnyed. This 10 not all, for informed ,ha, the
Pacific Mail Steamship Company, in spirit OF coop
Grafton, have in this city nearly ready four larg
feet steamer. equal in speed 10 the Colleen Gate and
John L. Stephens, which, with the two ias mentioned
will form unequal!ed line OF passenger vessels, run.
ming through from Panama 10 San Francisco in y elye
days Their older boats, it is said. will be fitted up for
freight and way mails Steamers will be put upon this
aide which will make The trip TO Aspinwa in seven
days. In short they boldly that in one year. AND
perhaps less. they will make their trips IN spite OF wind
and weather 10 and from Caliornis inside OF twenty
days-N Y. Herald. Stpt 20