New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-07-09

and with the completion Of the line Of roads now in pro
g,ss ard which win form connpsors o. your ad the
siedfn forty eight hours
have alluded The extent Of interior coart-y f-,ra
wi New Orleans draws her immsnss trade and Rhi.1
nav be safely estimated $4,000 000he pYsf season
sLd ihtse Observations o. EXTENDED 70 ts ezerad
sovanages ef h9 position IL dsyeov by the hani
o. pcgsss and art. The acquisition aad settlement Of
SaoT n has given wonderful mpulse q the c0n-rcs
81 the Pacific ard public opiuon has been invited 70
tioer schemes Of the mos, gigantic ehsracr, having f
ther tJtc' direct communication between ne Atlantic
~ Iatifc Oceans by failro4d Ibfrs IS n0biuz "a 9
could bsv~ heen fr.ur are for nder nspiruJns
Tie Superior advantages ~ New ORLEANS than the
sion hat has arsU he merits NJ fievsY9Hs r8ues
posed Tie completion Of your Road vi'a those II Ten
Dfstee and Virginia. will make i the hyfg4y = 81 The
tsvel from Europe and the Ststs -, q the NJ
tbt'Tpa ard Ohio. seeking the "a dc Os@an; snd TIE
eltLhg OF rosa acfots tebneu an sven n Us
70 b. delay edWl diminish the time q travel fro 90
cor 70 Kan francisco 20 tTy ak dsy oona;ag REQ aiy'
from IoHC % New York, and sixteen days RON -
Ysfk via Ola city, 70 Sen Francisco. - n
TIE vast importance that will ensus 20 The comm &c.
fertsts ff Orleans ffom the opening o. s1rh con
nupcaions Will seure 70 her such disiiooiion AID
On neBne among the cities II the EOrd - assigned oJ
The uniiyaec Advantage VI her position
The fifth section ~ the Chatter Of This Road fxes the
car,aI a eigft millions section seventh authorizes
fhe Board 10 borrow equal noyni mortgage Of the
property II the Company. Estimating the cost Of the
road 0n EewOresns to the TeDnessse River A. ten nl
Ioug Of Jolars the President recommends the immediate
Issue Of AK millions q dosrs bonds payable thirty years
hence With seven per CENT Interests snd for every hOussnd
dosrs loareo TO the Company, the proprietor b. eni
lied to the privilege Of converting half The n.)
oct under he lmitaons ~ the Chter The tucsss Of
reeos q that would ensure the command Of six millions
of dollars w enable the Directors % complete te en.r
rDe Ct road 10 the Ternesse River within three yeas
Tie four millions eight hundred and fifty thousand dollars
stock including the states proportion aud
IFS application to the construction Of public work Of the
highest national importance, VII doubtless Do considered
ss safe basis for extensive credit.
In regard tie grades Of ths road fs Pfssid4n says.
aEsery attention has been given T. improving the con
rsersisl sdvsnisgts Of your Road by Du the 10
fst grades c. nsisfent with the of the Company and
Tie paure Of The country which your Road psssss
There will Be road in tie Union when faished anl of
s1usI exftnt ia length that will comparc f.Oraby sia
fle grsdea reported by your Chief E1gnsers Ga me
Southern piyisio. bet.een Orleans 81 Jaoks,u
f.uy ohe FEET Is lie IN .nun and between Jackson aud
tie Tsppssee River try feet and It j. not 70 be
locked that these grades which are almost uDkaOwn aud
in the Northern AID Mdds STATES, not O
feaueuf occurrence the hae OF your Road aud Oh =
more than half the entire distance OF four huodreG ali
frtIty miief grades do not exceeding from six
nine feet IN the nile. aud while yOar sd highly
favored IN grades that easy aLd iaCe tns
a slight and incOnsideTaOie