New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1854-04-24


o6artrain Company sufficient to last until It's own can DO
brought to New Orleans :
and Louisiana have passed Joint resolutions instructng
their Senator's and requesting their Representatives, 10
obtain donations Of the public lands within snose
On the line of the road Mobile to New Orleans for
the benefit of that enterprise which would secure 70
100000 acres and the Commissioner Of the Land once
Washington, agreeably the following notice. Irepa
tory usual the donation of lands has Withdrawn
them from sale entry This bill has already passed 'he
Senate;
Notice of Withdrawal Of certain lands In the states OF
Alabama Mississippi and Lpnisiaea situated on the routes
OF the following proposed railroads, viz:
From Mobile to Girard, Ala from Selma to dunter
Landing on the Tennessee river Ala and the contnu-
alton of the road from Savannah Ga Mobile. Aa 10
New Orleans La and the branch thereof from Albany
Gu ria Eufaula, the Chattahoochee river 10 Mont
gomery, Ala
United States bearing date Of the 18th and the distinct
all the public lands within the following named townships
situated along the routes of the proposed railroads above
mentioned in the districts of land subject to sale at the
several offices herein mentioned will be withheld from
sale OF entry until further notice.
Given under my hand at the General Land Office at
the CITY Of Washington this 2Sh day Of February 1854
Iosn WILSON, Commissioner
The final point to ascertain then was whether suitable
persons could found to contract for the work Safs
factory evidence of this will be furnished to the commit
Tee to whom the Common Council may conclude to refer
the matter and from which will appear that the entire
work be completed within two and hall years ae
4 furfhest
These are the preparatory steps taken referred to in
the of this report Are they not conea
siye Do thew not show that only one more step Is
needed which the action of your honorable body IN
subscribing Its share of stock as authorized py the
statute of the Legislature before you And after
the thorough consideration which that body gave to the
subject undersigned cannot but entertain every con-
tdence that the bill will receive your concurrence ese
cay after review of the foregoing facts accompanied
| with its voucher in form not to be questioned
Perhaps the history of railroads in our country there
hardly parallel wherein every provision or ply
ment and construction made completes as iii this
before any part of the manual work was
But this may be all granted and yet the question pc
asked
| viii the road pay
Railroad experience has settled this fact Short ROADS
are more expensive work than long roads, considering
differences 81 toll therefore the Pontsharfrain haltoA
this point of view, is now worked to every disadvnu
tap and vet your honorable body is probably aware
it has earned the fifteen months and is now earning
net sum OF 10 per its capital and has paid diy
dends accordingly will be seen by the statement
annexed Of its earnings expenditures for the year
past Aud it should be borne in mind that this III per
cent has been paid capital OF SaoOo0o and the road
being five miles long the cost is equal to Slo0po
each mile Now is it not quite consistent with railroad
experience say that You enghen this road hun
red forty miles at the great dimtnution IN cost e
about S2 600 S2 0Oo mile equipped and preserve its
trade with its concurrent increase rate OF toll must
satisfy any candid mind without further statistics But
in opinion of the undersigned the trade Will not be
stationary When man can Leave MS door az the ~
of ST. Louis. Pass Christian or Blex at convenient
hour in the morning, and be at his business at New Or
leans by leave Mobile in the first morning train and
he home again the same night, practical man car
doubt that railroad with such secured trade as this
one does aud will enjoy and such prospective trade
fail under any ordinary management to pay less THAI
8 per cent
! Consider the augmented population which convenience
to our market and travel viii draw TO and spread along
the shores of Lake Borgne and the Gulf And the in
creased travel which be supposed when an unbrokt
railroad communication from New Orleans to Maine
completed and that which will whenever the New
Orleans and opelousas Railroad shall be the great tho
| rouehfare through State onward to Texas, ant
thence probably to the Pacific and what has been sa
the subject of dividends will appear moderate IN I'll
extreme
most important consideration to the city Of New Or
leans and which should engage her in this enterprise
the great increase the assessed value of property am
the corresponding increase in trades, occupations am
nopuation which must and does Invariably follow rail
Il roads 1t is not too much to predict that few yeas
the increase the tax roll Of the city from this sour
alone would of itself far to compensate the city ia
u dependently of any dividends.
+ continuous line of railroad, lacking few miles
already constructed from the shores of Canada and ao
the Atlantic Board to Columbus in Georgia opposit
Columbus from dirard road II being built to run ih'
the city Mobile the contract taken and the wor
bsgnn sor iehgth VIII iOS Na orleans sr4teh ont be-
hand to that civilization and complete the last lin
mlesand the iron horse may sweep from our door
III to the shores the ST. Lawrence Think of it eve
Alabama has proceeded and leaves us the last lagg
step to i'll of the most striking features OF ou
national progress Shall allow it to be said that froi
the most Northern extremity OF the great Union to
most the Seaboard line every State thereiB b.
contributed its quota of road with the sole exception tt
4 linz from New Orleans to Mobile! Capital industry il
teiyence are ready for the work your honorah
body will but say the wo d. and give your sanction to
J. in the manner indicated by our Legislature.
In conclusion the Board ask Of your honorable bod
the right to be heard before the peopthe right to Il
people themselves decide for themselves whether h
deem it advisable that this great and last link in raw
hit communication to New York and the Canaeas shall
al constructed whether they deem it advisable tn
the city of New Orleans emuatug the example of Mob
T. shall lend her credit and aid to the enterprise
sc JOHN EerRToN, President.
IL II. NJ WRIGHT,
: g. MrLTENBER6ER,
'u LOUIS DE SAuLLss
a. NJ. HEINE,
49, D. N. HESEEF,
ba Epw. 0GDEs.
Statement o tie POnLchartrdin Railroad Company -5ta
mgn Of Receipts and Expenditures of the PontchartT
~ Railroad for the year ending November 50. 1858
ay 232o20 passengers at Is cents each s5S505
n Freight, etc.,..... .olsf4z
'ss S11o2i7
en- Rents and mail transportation 45oo
S114TI7
Gross expenses for the year ,.,...,,.t.+... 5a427
he Net gain eo0.ois
IT. Capital, s5o000o- Dividend $4,000
~ Surplus. se,a!s
ed Nev Orleans April Is 1854.