New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-08-08

which foolishly considered themselves as nvas for
trade which is rapidly proving TO be beyond the ca
paoity Of all of these interests 10 accommodate.
The road was opened 10 Paw Paw, l6i miles from
Kalamazoo in ls4s 10 Sew-Buffalo in ls49, and
finally 10 Chicago the 2lsi OF Apnl, 1857 ana
twenty years after the original charter had been OBJ
tanned.
With an exer,ion that knew of 10 abatement and
with A forecast and breadth of comprehension that
challenged tie admiration Of the bold ana frightened
the timd the Company while engaged ~ me construe
ton and con pleti0n Of its road from Kalamazoo west
in the erection Of depots warehouses and station
houses in the building of cars locomotives aud steam
boats and in relayrg its old track, also making
CON bns'ions for the extension and increase OF ousi-
ness and for the completion of tributary roads upon
NaTOieonic scale.
Thee efforts have resulted successfully, as all SINH
lar efforts will result when skillfuly conducted win
talent ard when prosecuted with true enterprise.
Uncer the influence of these efforts the ro.d has De-
cone matter Of great pride 10 the state. The writer
hes never travelled over Il nor with the exception OF
few miles on the eastern portion, has he ever been
uron il. lie has never stepped on board OF one OF
their Ste 0uhoss, and knows no taat ne Is a. luain'ed
with single officer or stakeholder OF the Company.
But if public noiorety which passes without contra
diction may be considered being within the proba-
bities Of the truth, we may believe that tns roal
from Detroit 10 Chicago Is second 10 none IN the west
for liz permanency, soiidty ia good order, It's g0ol
and agreeable management, and IT. appointments IN
both plant and rolling stock, and hat IT. STEAMBOATS,
are unriyaled upon the Western waters, so that
citizen when upon whatever steamboat udy ptVuuiy
saw We in Michigan have line Of boats running upon
Lake Erie that is not 10 be exceed for their speed
their strength their comfort their safety, their eor-
ceous furniture and when upon whatever railroad he
may happen 70 be- can say, we have better one IN
Michigan.
There are other reasons why il should be cherished
by the citizens Of the State saying nothing OF the
con forts Of civilization aud the prosperity when II
carries 20 the dOmcIs OF the increasing ana popu0us
towns and cOunti.s throughout which runs II Is
ffg.er for.a mn IL
and will have paid at the close of the present year Tor
it, specific tax into the Treasury Of the State the sun
of s3l Oi3 49, and that will hereafter pay 10 the
State annually tax exceeding the ordinary expenses
OF the State Government.
For the benefit # those in Detroit who originally
put their hand TO the pillow and then looked back and
le IT, few facts may be stated, which are OF cneer
iug character 70 the stockholders, especially nose VINO
took IL upon their hands from the State These facts
will show that from a poor miserable road, scarcely
worthy OF the name Of a railroad, It has become a
gigantic Institution.
The Company received with the road from the State
seven locomotives the largest one weighing IL tuns
IL has now sxy-our of great power. IL received the
equal of ~ single freight cars Il has now o5l tire
ceived poor passenger It has now 81 of the first
class II of the secondclass 10 baggage cars, and l9O
hand gravel, wood and repairing cars.
For the year ending is Juue s8, the gross earn ~ 90 ,
For the YEAR ending Isl Of jane 1850 they had in ,
aSS for the year ending ls June 1855 they wee 225' -
The increase of the net earnings has been proper
Fo he wear ending May 81 1880 they 9039 p
For the ear ending May ST. 1885, they "ee'''', $500 >
The increase of the way passengers MARKS wen no
only the future prOspoc of the Company, but the ln-
creased progress in the settlement OF the country
through which il runs:
The rumber Of way passensen for the year end oes,
IN Sst Msy, 1850 wss...........,'.'.'s''''' 900
For the yesr ending 3t May, l6S5........... 9biooi
ne to 80 80 en- Coo and the Rosd has cost 4lO3o7 %
bi,h he Con As
Ia stock .nd Bonds in the New bsny and salem ,, 90
Ean'i sSrSs Of bs Dci. camp.ny 10000 90
Ia es.h after paying dividends l Of June, io' ga 90 a.
surplus n
Within the nine years since the Company was formed
until the present the road has been IN course oil con-
structon or reconstruction and graYellng ana Daiast
ing During that time the Ore NAL stoc khoders nave
received % 3 cent in DIVIDENDS, amt the holders OF me
increased stock have also received their proper quota
There has IN that 'ins zen P he MN AZ A. 1874 40 q
Az in the upon It's i'''''
Maxim, total If IL ter. Il and evidents.. $500 COS II
When il is considered that for SIX years OF this uni'
the COMPANY had no Winter connection with Cmcago
and that for seven years II had no Winter connection
with the East ike that of the Great Western Railroad
through Canada and that much of the time the road
vvos in AN incomplete state the above results cannot
fail TO convince the most scepcal OF the reliabe Naue
of the stock.
This road forms a connecting and necessary link N
the great central route through the Northern ana
Wes,tn States from the Atlantic 10 the far West IL
il or the New-York Central and the Great Western
Railroad through Canada, near direct and AIR ilne
from Boston, Albany and Central Ne" YORK 10 ne
tr0t Thence TO Chicago, Mississippi, and me heart
of Nebraska the line is equally direct All that porhon
of the trade aud travel OF the entire Mississippi valley
and the country beyond H. from the south line OF the
State of Missouri sweeping around north TO the source
of that river, including the Lake Superior mining
region Mime ses, Wisconsin, Illinois, Northern and
Western Inoiana Missouri, Iowa, Kansas, and Ne,
braska which will make eastward around the head
of Lake Michigan, and down through Central New
York will be ergey tributary to this road.
The produce OF Illinois, Of much OF Southern W IS
cousin and OF Northern Indiana has hitherto found ts
way to Chicago where II has been largely stored 70
await the opening of navigation IN the spring IL
may be- said that It il this item of trade which has
more than any other built up and sustained that city
While this has been the of the produce OF freight
from Illinois, that Of Iowa and Missouri seeking an
Eastern market has passed down the Mississippi RIVER
This trade will be wholly reYOluuOnled by tue lnnuence
of the railroads now Opened and which are soon 10 be-
opened across Illinois and west OF the Mississippi, ana
which connect directly with the lines that run west
from the basin Of Lake Erie. Two roads are now III
course of construction the State OF Mlssourl,
pointing to the vast plains on the West: Two uned
are also projected and may be expected 10 DC sosh
constructed through and across Iowa, from he Mi--
siesppi 10 the Missouri, and thence west toward INC
| Rocky Mountains. The DesmOnes River Is no"
being improved, end two hundred miles OF river
navigation through valley unsurpassed Tor us salu
brity and fertility by any other IN the Union VIII soon
be opened 20 navg Gion gyrg access 70 an e4'ehsve
reeiop. which has been hitherto locked out from the
world These lines all cross the states OF Illinois, In,
diana and Michigan, and make to Lake IRE. Aud
tbev "a I'm form the channels of commerce for that m
ense Western country through which will be carried
lis agricultural products, to carry back with the reflex
tide The merchandise and trade nom the East Corn
and other products will not be Forwarded 10 Chicago
10 await transportation for months, when It cam with
s BIT increaee of eIpense, BE- sent forward 70 Lake
Erie, without breaking bulk, over the Michigan Cen
trail or some of the other parallel and East ana est
lines which make 10 Toledo or Cleveland. Some OF
n. Local innunncea will