New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-01-23

ACommit.ee fran the Toledo and Wabash Valley Rail
road Company end another from the Eel Eivor project,
representing the orherp Indianian Interest have been in
conference hege 20, severe days and have agreed upon
consolidation Of ths enterprises s0rec to confirmation
by the Boards OF the Companies This arrangement
will prevent tine building Of nearly parallel road to the
Toledo snd Wa5ash VALLEY and competition which could
only rjure the business 81 botL companies Included in
the arrangemen, the building road Ct aboD 80 mos in
length TO connect the southern end Of The Wabash Valley
Road win the Te-e Hau;e and Alton Road a: Paris thus
giving Erect rarold commune alton via Toledo betYe
New York and the ssisSpp Alton The spuatOns
of the contract arc of the liberal CHARGE both
sides and this snpcrant connection with the West viii
now be vigorously pUshed forward TO completion.
Lowell Habro0k Esq, has been elected President PRO
TEN Of the Cumberland Coal and Iron Company in the
place of Newell StaTtevant Esq resigned Mr. 8turtevsnt
was elected rocto- end Ss Agent for the ourrent year
Adecnse of the Getion Of the Superintendent of the
Bank Department in the Of the Merchants AMI
Mechanics Bank Of oswego, has been attempted by one
of the morning journals Ths this Bank of the
migratory or "scalawag kind and should be eventually
wound Ep these COubt but tha. the Superintendent
acted in this case with sound Judgment and Cor the best in
eretts o the public who holding the notes there is
ample roam fcr two opinions II is understood that the
ownersof the BCnk offered TO retarn and have cancelled
$1,000 az the $4,000 or $4,000 of the mulGed notes if
notes cOuQ % n0u NNuiu nlNS
left the securities they are, and while the circulation
t. be redeemed would have been less Under these
circumstances little difficult to see how tie public has
been served by breaking the Bank inst In regard to
the tainted mortgages spoken of port OF the securities
of this Banh It is ,oSt probable that these not worth
near the amount of circulation issued upon them bu the
Bank was established during the admnistratsn of the
present able superintendent and the mortgages
ceived by hiu. They probably no worse row than
when he received them
Extract Of letter received from the Superintendent Of
the Ncavitas Copper Mining Company, dated Nelvitas
Cuba. Dec. %, less:
I'VE started ke engine to day and two weeks fren this
time confidently expect that the pumps will be ia work
ing order the weer viii then be exhausted from the sh aft
Immediately and In the month Of February faly expect
chip so Hns OF ssphure Of copper averaging from x
30 y cent
The warrants ontesed at the Treasury Department Web
ington on the lsth inst were
For the reaazpiion o. %
For the Tesssry Department exclusive ofstosE 6si
cor ,ae y ~ s...Yyv fica csoals al; p; ~
Covered lotto the Treasury feul lAnds .....' y ll o.
Cover IN the Trcasy tosn miscellaneous sauces $50 81
Fox fepsying War Dep sItraSat. eoit5
For he Nav De psrtnenr S1s 90
For the Interior Department <i'' ~
North Carolina is in the market again for loan OF
s5ooeoo coupon six q cents.
Senator Bright Of Indiana has introduced bill in Cou
ress granting 600 acres cpubc each ofthe fol
lowing named companies who jointly construct
continuous railroad from Lake Erie TO the mouth Of the
Ohio River and to New Orleans and Mobile The Ohio and
New Orleans Railroad from Mobile and the Ohio Rsroei in
Tennessee to Pajucsh in Kentucky. The Ohio River and
Wabash Railroad from Paducah to Vncennes, hrOSgh Il
linos The Soa.h-W Western Railroad from yncennes to
Indianapolis The Toledo and indianapolis Railway Com
papy from Munce Indiana the Ohio State line and tho
Toledo end Indianapolis Company in Ohio from Indians
State line to Toledo at Lake Erie making total gr AT Of
100000 acres of public lands and are to carry the United
States mails free OF all charge and in time OF war to trans
port troops and munitions free of cost II was referred to
The Committee on Public Lands
We annex some of the annual railroad statements for the
YEAR ending 3Oh September last made to the State Engineer
and 10 be laid before the Legislature