The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-10-18

This steady progress has been made in year Of un
wonted difficulties, iusying in time every estimate o.
the engineers and, what IL very remarkable coming
within the original estimates Of cost These estimates
with many track layers work to advantage,
indicate Nov J. for the connection Of st Louis with
Cairo st important in the history Of that region
1t ensures Communication at all seasons, In six hours
where Is 70 49, according the state Of the river has
heretofore been required By the LIST of January, Gsena
wi be connected with st Louis and Cairo and al these
with Chicago The long mesnderng and uncertain nSv
Cation Of toe Nssi sppi, which has been sui Gent
heretofore, to sustain vast teamboat interest," will be
supplanted BY the prompt and reliable railroad The i'm
importance Of the change to general trade induced
certain capitalists to send out extensive civil engineer
to nspst the roai and he reports all in such state Of
for ~areness a. to ensure the opening BY January l.
lie marks the magntu q Of the businssa between Gale
and st. Louis alone may be estim sted from tbs fact
hat there at present regular packet steam
boats plying constantly between thess points, besides
Eve freight stss mboa, and Eve ak steamboats, from
st Louis to st Paul. stopping At Gasna. In addition
to ths trade there regular and four transient
steamboat packets to st. Paurs from GaIena When it
is snembersd tba those regions Of Wisconsin are pre-
cisey those where in this general drought the crops
have been most prolific the importance Of thus opening 1t
to mAfbe through the winter be easily Appreciated
There remains doubt that thu whole road wall b.
long within thu time Axed In fun operation, with ony
$40 per share Of the stock assessed The bondhodsr
then look t, that immense work With liz almost Hmtsss
business SIS oo0 Of stock subject to CALL ard
600 acres Of land, worth s22 ,ooo security for
900 bonds outstanding, and for which par
received and all expanded the work. Mona Of IT has
been spent for hnAncering.
The New York ard New Haven Railroad has done an
immense busnes the past month A., indeed IL Is sss-
tined always to do properly managed There has been
CONTRACT entered into for twenty years between the
New York and New Haven and ths Hartford and Spring
aeid railroads, which may may not be preudical to
the fcI We inclined to the opinion that It Is
from the fact that the latter company have made srenu
efforts at the last two Legislatures for act either to
strengthen that contract to consolidate the whole into
corporation the result Of which would be to cstAte
terms to the New York and New Haven roao; whereas
Tire true policy Of tde latter road IL to Keep aoo from al
others north east Of themIscsvs AL thei. business
upon equal terms, and return thsir own freight ane
travel upon the same. II is thought By that
more han three or four Of the present dirsctnr
win re,ign in November, wailc Others ara o
The opinion that the notices already give
tdem By the stockholders. md thu rspor
which will be made By ths commi.tsss ia
ssh os November, vii iniace them to resign Ia AS,J,
&c ip,ssi they do rot u. OF frsn p'ssA,a ssss, |