The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-10


wihors tskirg into account bills payable, which just
in proptrn they exceeded ninety eignt Thousand
d. lar 90 mited deficiency would male the company
much wore but 'dmited The deficiency to cover oils,
payable, he company the Lat Of January, hope
essy irsolvent, 1894 PAT.
The following ,e tsr dated Toledo March 90 gives An
account Of the opening Of the Wabash Valley Railroad its
position, pres pecs and importance the internal
of the city Of New York 1t opers to the trade of
this city direct route to very wealthy and snsvs
section Of country which has heretofore been reached
only y the circuous and most tedious modes OF
communication The Wabash Valley Railroad opens the
entire region TO Lake navigation And gives "a
cties equal to those enjoyed by any other portion OF
the West, for cbng prominent ports Lake Erie.
TIE extension Of tie Lake Erie, Wabash Valley and st.
Luis Rairf I'D 70 Lganspor celebrated Thursday
last week The excursion train LEFT Toledo the
morn Of hat cay ard taking guests from the prn
cips towns elopg the Ike, arrived at Loganspo one
buneIed ano lxty mles from Toledo Just before nyht
fall. Logsnsport beautifully situated and we'll outt
yourg ely. Der citizens and the people Of the surroun
irg country, competing several Thousands welcomed
their ess BY demonstrations usual on such joyous &C.
casicns.
The extension Of this very important railway 1850 miles
southwestery from the vest end Q, Lake Erie should
cause OF grafc atcn not only to Logsnspor whih by
it, cans, reaches by tbs shortest line the navsaoe
waters Of lake Erie but also to Now York, which
lake bsrbor towards the Of the Missssi spi val
ley. The line OF this road you will perceive La nioeut
portions tf he river valley towards New York BY its
mean Indianapolis, important railroad centre, is
enabled to serd her productions destined for Eastern
marie TO Like kArtor at Toledo This is done by tbs
con Of the Peru and Indiana 2os Railroad with
this furnishing railroad route from the capital Of In
osns 70 Lake Ere at Toledo shorter By Fifty eight miles
than BY way OF the Belief ntaine route to Cleveland.
This shortening the distance to the LAKE viii give q
northern 81 etion 70 much ffeigh. formerly by way
Of the great rivers 1t 10 svarrAttrg this great
line to ssy hist by Itself and It's INJECTIONS 1t xi
to the city Of New York than halt the rail-
road Of the State OF Indiana and larus Dor.
tors o. Iiinoip, Iowa and Missouri.
The road 10 Lgapsport Ia but section Of the whole
line Wi hin the pses mt year it will be led to Dan
vile in Illinois, and thence by Gres. Wesern Railroad
through Springfield ard Jacksonville to Ne oes on the
Llipois river From Naples railroad s 10 operation to
Quincy the Mhtfsippi But direct line to the
Mississippi opposite Hannibal 10 Missouri will briog
tie Great Western IN connection with the Hannibal and
ST. Joseph Railroad and carry the line from Lsxe Erie
The Missouri river This who ne 1t viii DO seen runs
In the natural direction Of trade and will, 10 ,nse
qu nee . large amount Of buress tou the rail
ros6s intersectDg but no having their gene al dirsc.
ton coipccent 18th the ural curreD. Of commerce.
The wstash Valley Rail- Dad will also form line With
porri OF the Terre Haute and Alton Railroad 80 ~ to
seo be best line OF rn way nect;on for the traffic
between st Louis and Lake Erie.