Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-11-10

and operated BY the State Of Georgia, and under th
management Of the present Sble and energslis su
perintendent, DR.. JoHE w. IEWIs, has become on
OF the best paying roads in the country Il has fo
some time been paying INFO the treasury Of tba
State S25 O00 per month, clear Of all expenses Of
profit Of S8O0,OO0 per anbEn u9on the states in
vestment- Gov. BRoWN Of GaOrgn, in his recent
message to the Legislature Of the State speaks Of
this great enterprise follows:
For statement Of the present condition Of fbs
WesIorD and Atlantic railroad, its operations and
income for the fiscal year eudi8g S0th Sep ember
last, beg leave to refer you to the reI Ort OF DR.
John W. Lewis, its able and efficient SupeFiHteud-
ent, who has shown himself 60 be a most ViQilapt
active, and yalabe public servant IN passing this
well merited compliment upon this faithful Supern-
tendent, would Go injustice to his associate OIL
I GERS, and the other agents and employees Of the
road were to fail 20 express ny entire een6denoe
IN their integrity aad business qualifications aad TO
commend the zeal and energy With which lhgy have
exerted themselves for the success Of the road and
the advancement Of the best Interests Of The State
Fer their efficiency fidelity and integrity they have
ny sincere thanks and are, in my Opiulon entitled
| to the thanks Of the whole people Of Georgia
Owing TO the commercial pressure, and he conse-
quent stagnstion Of trade and bus ness the gross
incomes Of the road during the present year, from
frtgLts and ravel, have been less than thew we're
Z y
prosperity. The low pr ce Of corn wheat and
other kinds Of grsin during the present year, has
IN great degree, prevented their shipment. Not
only we're prices Of wheat much lower thAn they
were the year previous, but the quality made in all
that section Of country which supplies the road with
freight, was much less -
Merchants limited their purchases Of goods to the
limited demand fOF them il the country; hence, the
dimInutiOn Of incomes to the road on account Of
freights on merchandise
That portion Of the road track bs,Wsea Tunnel
hlll and Chat'auoOTR. fsgEen Haiies rsulsd5 sas
Ia very bad condition when Dr. Lewis took
ehsrge Of The road and it has required great deal
Of costly repairs A considerable pr n.of the
track between these points has been taken up and
thoroughly repaired, and eEsl stones pounded into
the earth under che new cross ties az several
places where in wet weather the earth is 50 soft
that the road bed could not ofherEise be made
hTm. This kind Of repairs is quite expensive but
is beesed 10 5e the cheapest IN the end as the track
in these soft places will remain firm when once
bedded in stone. The entire track Is believed to
be in better condition than it has been for several
years. IA force Of about three hundred han3s having
been employed in its repair most Of the summer1
and ali the rolling stock is 10 good order Repairs
have also been made at AlaoODs, Petit's Creek and
the Tunnel
Since your last meeting one thousand tors Of rev
iron have been purchased which has all be- q
paid for since the lst day Of January last. This
will lay about eleven miles Of the track with new
heavy bar. Part Of this iron has already been lad
down upon the track. and the remainder row be- /
ing recei led, will soon be laid down. Other new
iron wilt be purchased as fast as il is needed
II is matter Of great in portance hat the road
be kept in good order For this purpose it isproper
that several miles Of the track e. different places
should be laid with new iron every year; herwise
the iron % large portion Of the track might wear
out at the same time, requiring very hspvy cut
lay 10 replace IT. hold that no administration, for
the purpose Of paying money into the treasury or
has right to let the road run down He
who does it deserves to be Condemned; and I an !
willing that my administration, 50 far as the man
agemsnt OF the road Is concerned, shall be judged
by this standard.
According to the report Of the Senate Committee,
the present Superintendent, when he t0ok the
charge Of the road, lst January last was ehqrgeahs
with assets amounting 10 about So, 824 Is, due
from connecting roads and solven' agents, With a
balance ia the treasury Of SI5.9O7 a. And he
paid, according to the report from the LIST ,ndary
10 lst July, the Of Sl57 773 % to editors Of
The road, on account Of Indebtedness contracted
prior to lst Jaruary, 1858 aud had in the treasury
Of the road, let July, 1858, q balance Of S35,O10
J6. 1t will be seen, therefore that the amount #
iebts contracted by the former administrations Of
he road, aud paid by the present superintendent.
rom first January to hsl Jnly, 1855, vas 500 449
y larger than the amount Of sOYent assets turned
over to him The present Superintendent would
'eem therefore TO be entitled to this sum- paid out
~ DIS net as Gasn credit IN lEii8 rs
included the price Of four hundred tons of the new
ron above mentioned, which was ordered by the /
ormer Superintendent prior to first January last
md has been paid for and laid down BY the present
Superintendent since that time; who has also,
through the Treasurer Of the road, paid into the ]
ate Treasury, commencing with the month Of
March last, 5000, 600, OF this sum S175 600 had
,een paid in at the date Of his report Of 3Olh Sep
9mber, and SIS 600 since that time for the mouth
Y October. The current expenses Of the road have
,een paid. No new debts are permitted to aooumu-
ate which are not prOmpuyplid if the creditor can
,s found, st the end Of each month. r
The new passenger depot at Chattanooga is in
rOgFess Of Construction, under the superintendent
4 the Chief Engineer Of The road with Workmen
tired BY the general Superintendent. The buildiT
one hundred and one feet vide and three hua {
red and three feet lsBE and il a very solid and q
yell but structure it is built Of stone, to the
pring of the arches, which are turned with brick
Z is expected to be completed and ready for use 10
few weeks All expenses Of this structure have
zen paid monthly L is intended that the depot
s used by 81 the roads connecting at that place.
Is some Of these roads were not in q condition to .
nouF the expense, at the time The work was com ,
lenced, Of contributing TO lie erection, it was
bought best, as there was great need of the depot
Or road 10 go on and build it, and take the OBJ
gations Of the connect Dg roads for their proper
ion o. the expense Toe Nashville and Chattaboo-
road takes one fourth interest in the DEPOT and
avs $1,000. The East Tennessee aud Georgia L
airOad Company agrees to take another fourth, ! Il
nd o pay ike sun, at two and three years from !
be lime they are ready to use it, with semi-anBual
interest at the rate Of seven per cent per sunum;
I'd it is believed that the Memphis and Charls sion
Dad will axe fourth interest
DR.. Lewis took charge Of the road the first day :
! January last, and was under the necessity Of |
pplying be net earnings Of the months Of January
I'd February in payment Of debts against the road,
hiCh existed prioF 10 that Tine and for necessary
air an he q. ]
reviously ordered. Il will be seen that the paw
epts made into the State treasury from the first Of
arch last to the present time, have averaged tven
five thousand dollars per month. Il is believed p
future that the necessary repairs can be made, A
current expenses promptly paid, every depart n
ent Of the road kept in first rate order and that
average Of $4,000 a month can be paid into the :
ate Treasury, from year to year
This nay be regarded By some IS an over estimate
the legitimate net earnings % be realized n fa-