Indiana American. [volume] (Brookville, Ind.) 1833-1861, 1855-08-10

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Usw Albany aud sandusky Rail
road.
We have received the frst annual
report Of this road. few extracts
from which we give below. The fact
that the sandusky and Mad River
road. now in running order. constitutes
q considerable portion Of this road,
and that the Piqua and Hawsvllle
road now under contract another por-
ton. and that some thirty miles Of the
southern end Of the road are also un-
der contract and viii be ready for the
iron in few months. give abundant
assurance that the road will be COM
pIeted as rapidly as prudence will al
low. This road will 90 through or
near Brookville. unless those who are
Interested turn the cold shoulder TO IL.
Some stock has already been taken,
much more should be taken as speedi-
ly Is possible.
We have no desire to magnify the
importance Of this road, but let any
man take a map and trace the line Of
the road from New Orleans through
JaeKson Aberdeen. Louisville. New
Albany and BrvokvilIe to saudusky,
and he can but sec that Il Is far more
important road to this Valley than the
Valley road ever could have been.-
New York and New Orleans ara tho
points to which our produce must 90,
and TO 60 by way Of Cincinnati was so
much out Of the direct line. This
road must DO finished and II must be a
good road.
From the foregoing historical sketch.
II will be seen that the entire route
from the Lake to The Falls should DO
regarded ~ one continuous, consolida-
ted line although managed ut presen
BY three Independent companies.
Since the last meeting Of the stock
holders, tie line between Piqua and
Huntsvills. 81 miles. has heen perma-
nently located and placed under con-
tract. to A. DeGraiis n Co., on terms
deemed favorable 10 the interests Of
the company. The contractors re-
ceive 40 per cent In the Stock and
Bonds Of the company. and 60 per
cent in cash. Considerable progress
has been made In tina work. much OF
the heavy grading having been nc.
eomplished;s large quantity OF ties
delivered; and. II prompf payments
Of the remaining instaIlments OF stock
due can be realized. the first twenty
miles OF the Huntsville can be prepar-
ed ready for the iron. by the first day
Of June next.
COMMERCIAL CHARACTER OF rAE I'M
PRovEMENr.
Under this head IL Is proper to
consider this improvement. in its true
light. not merely rs connected air
line from the the head Of Lake Erie to
the Falls Of Ohio. but as part and par
Get of a great Central Trunk Road. or
line Of commsnication. bsfseen the North
sosssvn and the extreme Southern and
Soxtkusasrn portions cfM Union
Extending from the extreme northern
TO the southern boundaries of the Re-
public In course OF unparalleled d.
RICHNESS, and accommodating the SO
cial and commercial interests Of our
people, it may be confidently asserted
that no other chain Of road presents
anything approaching such a charac-
ter in magnitude and national impor-
lance.
in this connection il should be also
understood. that rs one Of the results
ofthe free navigation Of the St. Law
renee. q direct and extensive impor-
tation Of goods through that channel
from Europe has already been opened
with the Northern Lakes. and that
extensive arrangements are making for
the expectation Of grain and other
American products direct from our
Lake ports to Europe. on the opening
Of Spring navigation. No doubt is
entertained by those best informed.
bat that this trade will become per.
msnent, % Is will affect an immense
saving in the cost. a. well as in the
time Of the transportation and exporta-
ton Of the exchangsble commodities
of the two continents.
But. whether we regard our line as
part Of direct channel of communi-
cation with Europe, or with our own
Northern Aslsndc ports of commerce.
whore. upon the entire map Of the
Great Valley, can there be found an
other line. so direct, SO central. so
feasible, 80 evidently indicated by ma
tars, and 50 well calculated to answer
fho uecnoofflo4 Of the immeugo trade