The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-05-21

The following letter from An intelligent correspondent
dated Pottsvile, May 49, 1885, gives very glowing
count Of the coal trade Of that region
Since my arrival in these "dggipgs," have busiel
myself In learning the condition Of the coal trade and
regret record the almost complete ssguaon in every
department In Of the delay the part Of
the dealers in furnishing their orders the deficiency from
the schuy k district is 200 600 TONS and but
Sp year bs supply irom this region Vas
topsbeing increase of 423 $50 tons the business
Of the previous year. To reach last years business will
require weekly shipment Of $50 tons; and the
oansl Is fully up to its capacity It will net be poss
bic for the railroad to make up the difference even sup
reeiors the relief Is equally improbable; and we take
into Il estimate the increased demand (being last year
$40 coo tons over the previous year, We shall Be snort
also observe, based upon the superstition Of full
stresms, and "turn-outs the part Of the opera
tives.
Tts being the condition Of the trade the question as
to the Is still remaining Last year, yoa wre
60 ss s 81 s
duee about being formed for the purpose Of raising
the price to and to the effect most
Of your emporaries recommended to their readers
usual orders This wise and prudential measure imme-
the early part Of the had purchased upon four
six onths credit depending sales for meeting
their notes The result after sacrificing their coal .
meet their engagements, failure OF about half
their number and Of course total sbrogaMon of the
credit system Now, the business itself is labor and
1t away in your cellar you win realize reason for
change In the time and for admonshog your friends to
secure supply On the LIST Of July the transporting
companies will raise their prices to meet their loss and
since operators obliged to await your orders IL
but reasonable to look for corresponding charge on
their part.
This therefore, Is the condition and prospects Of the
trade In 1885, and hereafter unless your dealers pro-
vided with capital coal in the New York market will mot
be drug In this region the article Is plenty, and
their facilities for producing and reaching the marke.
are greatly Of every other source people
may a. we'll ook at the facts acknowledge the corn,
face the music. and secure their supplies ct
able price,
The Ell Panoero OF April 49, 1855, contains the follow
ing remarks relative to the present and future Of the
Pansms Railroad and Its Importance to the Of
the Pacific -
We are now in possession Of the official report of Col
Tott, n Chief OF tne railroad of Panama. which
was begun in January 1850 and terminated In the ne
month Of the year 1866 Although Eve years may eeem
An space Of time for the construction of
line Of rai osd Of only AZ miles in length compared with
the sho in which such enterprises carried out
in Er gland ard the United States considering however,
the extreme difficulties which had to be onquered in
tbny peoplsd and unhealthy country the activity and
fk which Col Totten gave proof of cannot BIS highly
enough praised The expenses Of building at the date or
the publication Of this interesting document amou Mt
ed to g. 800 600 go, 000) besides f200 900
for finishing the work, 20 that the originally
fixed sum has been somewhat exceeded. However
compared with the large spent in England upon the
construction OF railroads, the whole cannot be
COZ staered ~ osproecILo great. 1t pust, ho~-
ever 30 added that large tract Of land 600 scrss