Minnesota weekly times. [volume] (St. Paul, Minn.) 1854-1859, 1856-04-12
chicago, St. Paul Z Fond q. Lac. Railroad.

Democratic Press, speaks in high terms OF the
above road: eAae *a
On the FIRST page will be found proposition Of
the above Railroad Company to sell $500, 900 of
their thirty years. seven per cent. first mortgage
convertible bonds. This road, with it's prospect
i've connections, is without doubt one of the most
important of the whole Chicago system, and we
presume the Company will find no difficulty in
disposing Of their bonds ut very satisfactory
figure. In addition to its occupying the heart Of
the agricultural districts of Wisconsin, it must
ut AL early day he placed in connection with the
iron and copper districts OF Lake Superior, with
the iourishing cities and communities OF MinncsO-
Ia, with the promising valley Of the Red River of
the North, and ultimately form link in the great
Northern Pacific Railroad. Whoever will exam
inc the routes Of this road and of its prospective
connections, with u map of the county before him,
Cannot but arrive at the conclusion that it is des-
tined to prove one of the best-paying roads of
the country, and that its influence in building
up our city only be appreciated after it shall
have been realized. Considered only with refer
cnce to its chartered limits, it traverses cOun-
try Of unsurpassed fertility, from which it must
derive an immense business. 1t was only
few DAVIS ago that well-knOwn President of a
Western road, Il man of great experience and of
remarkably sound Judgment, expressed the Opn-
ion in Wall street, THAT the line Of this Rail
road from Chicago to GAINESVILLE, was the best
one hundred miles of road out of Chicago, and
that he did not know where there another
line of equal length to compare with it.' This
opinion Will be universally conceded in by those
familiar with the ground traversed, and it might
with great propriety have been extended SO as to
embrace the whole of the line to Fon 1u Inc,
through the far famed valley of the Rock River,
a section of country whose productive capacity is
unparalleled. rt..-4
But there is another and more exact point of
view from which to look at this point of road,
a.. 81
Wisconsin, in the upper peninsula of Michigan,
and in NJ nnesota. The unlimited mineral re-
sources of the Lake Superior country, now in pro-
cess of rapid developments, will speedily create
an extensive commerce there, all of which during
the winter months, and no small part of it in
summer, must give its business to this road
Whoever has read the article on the 'sUndevelop-
ed Northern portion of the American Continent
recently Published in this paper, will be prepared
to appreciate the Importance Of this roads con-
nectOns in Minnesota, along the fertile valleys of
the St. Peter,s and the Red River of the North,
as it stretches onward over the plains towards its
final terminus on Puget's Sound. There is yet
half a score Of States each equal to Illinois, pos
sessed of wealth of soil and of minerals almost
fabulous, and which many who read this article
will live to organized into Independent sover-
eighties, and occupied by energetic and thrifty
communities. The building Of this road will
hasten such a contamination, and the consum-
nation will make the line of road one of the
most important upon the American continent.
We are notapprized whether proposals for any
portion Of the 100000 will be received here or
not, but are quite confident that there are cap
italists among us who will not lose the Opportu-
nifty now presented for making good invest
mcnt. o..
Extensive laundering Operations on the Escanawba.
A correspondent of the Lake Superior Journal
furnishes some interesting facts respecting the OPP
erations Of a company engaged in the numbering
business on the Escanawba River. We copy the
following:
This Company is composed Of Nelson and liar.
riSon Ludngton, of Milwaukee, and Hon. j. Ii.
Wells, member of Congress from Wisconsin,
Their mills situated on the Escanawba river,
and two miles above its mouth. The mills on
both the upper and lower dam are well construct
cd and substantial buildings, and no pains
pense has been spared to make the machinery,
running gear, and everything connecte. with their
mi Is of the most improved and substantial plans.
The upper mills have four upright muley and two
circular saws. The lower mills have two upright
two lath. one single saw, and "gang of twenty
four" with facilities for increasing to thirty
when necessary. Attached to this mill is fine
siding mill on the improved plan, viz: cutting
both ways. They have also facilities for saving
square timber of any desired size or length. This
establishment has cut into all kinds of merchant
able lumber an average of ten millions per an
NUN since the year 1916. The lower mills alone
have cut on trial thirty six NJ. in twenty-four
hours. The company own and keep constantly
employed in carrying lumber to Milwaukee and
CHI go, three of the largest class vessels. They
have departed from the rule of lumbermen gen.
orally, by purchasing vast tracts of pine land, in
St"ad of stealing the same of Uncle Sam. They
have f.,r,n L., nIS tod
fcrcnt rivers, thus:
On the Escanawba $4,000 acres
&c Menomnee $4,000 {"
s. Ford river 5000 +"
Aggregate, 6l,OOO
and also few thousand acres at Big Bay de No.
quctO. This winter they have in operation at dif-
fcrent points from ten to fifty miles up the river,
seven logging camps, employing upwards of 800
men, Is horse teams and IS yoke of oxen. The
company have three or four large farms mile or
two above the mills, with from 80 to 100 acres
cleared on each of them Eighteen miles up the
river, they have what is called the ''Bony Farm"
with about cg hy acres of land cleared and fenced
with good dwelling house, out houses, &c.
All the way up the valley of the Escanawba,
lie the most valuable arabic lands; on the upper
pcninsular the timber is birch, beech and maple,
with an occasional elm. This land is destined to
become very valuable for agricultural purposes.
TONNAGE OF THE UNITED STArEs.-From the re-
port of the Register of the Navy on the commerce
the following regarding the tonnage of the United
States:
Class. Tons.
Total registered tonnage, 2,535,136
" enrolled 2.6I5.73I