New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-20
The Southern Pacific Railroad.

We alluded briefly yesterday morning to the fact
that at recent meeting Of the Board Of Directors OF
the Southern Pacific Railroad Company, contracts for
the purchase of the iron and other equipments neces
sary to the construction Of seventy miles Of the
road, had been consummated. Messrs. ]. 7. Grant q
Co., Of Georgia, eminent and reliable railroad con-
tractors, have contracted for the building Of this
seventy miles of road and this simple fact constitutes
the ampest guarantee that it will be finished in the
shortest practicable space OF time and in the best and
most substantial manner.
The first twenty miles from the State line to
the thriving town of Marshall, in Texas, will be COM
pleted and in running order by the beginning OF next
year. The remaining fortytwo miles to be graded
and made ready for the rails by the first of January,
1859. Consequently in a little more than one year
and half, seventy miles of this magnificent work,
which is destined ere long to connect the Father OF
Rivers with the Pacific ocean, will be finished, and
running through most fertile and glorious section OF
country nightly rich in the rarest endowments Of ma
ture and drawing from its stupendous land endowment
made surprisingly valuable by the road, ample
means to urge the work forward with all the ease and
apidity which skill and money can command
Not content with SO excellent beginning, the
Board of Directors are bestrring themselves as be-
comes men entrusted with the management of the
mightiest enterprise Of ancient or modern times.
Surveys have been directed and are now in progress
over three hundred miles more Of the route, which
surveys are expected to be completed prior to the LIST
Of December next by which time all will be in read
ness to put the whole line thus located and surveyed
under contract This will bring the road to the
Brazos river three hundred and seventy miles from
the boundary line of Louisiana and it is thought by
those who ought to know that the whole line to that
point can be completed in three years. at the outside
II the work should continue to progress at this rate,
the shores Of the Pacific will be reached in less than
| q decade.
| In the meantime, our two great roads stretching
westward from the Mississippi river-the opelousas
and Great Western and Vicksburg and Shreveport
will undoubtedly be finished and form connections
with the great trunk Pacific road and will commence
doing such profitable business will raise their
stock almost as much above par as it is now below
par. We suggest this for the purpose of giving cur
rency to the wellfounded idea that the investments
in the stocks of these roads, at their present absurdy
low valuation would be bound to pay munificent re-
turns in two or three years. And when all of these
connections are made, and our northern and othel
railroads finished, the stream of commerce that vii
flow in upon New Orleans will be SO great varied ane
prolific, that twill surprise the coolest and shrewdes
statisticians, while it will utterly astound those
sanguine temperaments. h
In view Of these results, certain well as contin
gent 1t is to be hoped that all necessary encourage
ment will be held out to this mighty enterprise W.
have already done much, but can and should d.
4 more. 5g,T.- el,& ...ia sls.