New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-02-08
N,43,89O

The coupons on the bonds of the Charlottesville and
Wabash Railroad, due last December, will be paid by
Messrs. Wn.ow, Lanier & Co. on the 9th OF March
prox., and perhaps at an earlier day.
The tunnage Of the Reading Railroad last week was
only IL, 724 tuns.
The Bank statement of tomorrow is expected TO
show further expansion of loans, and decrease
the specie reserve The foreign drain OF gold has
been large and parcels have been sent TO neigh
boring cities Boston having taken 400 600 GEO.
N the mean time the arrivals from the interior, al
hough to fair extent, ere decreasing and have not
Teen large enough to neuraze the above drain. Next
week we shall have another Ca iforna arrival, and the
average will rise again.
The Westville Malleable Iron Company has resumed
operations in Connecticut.
Tie Hartford Times of yesterday states that M.
Capin is defaulter to of the Wlllimantic manu-
featuring companies to the amount of $4,000.
An Albany exchange says:
The Railroad Company over which Senator Owen
presides is in trouble. 1t appears that few days
since the Directors of the Company now running that
part of the Elmira, Canandagua and Niagara Falls
Railroad between Elmira and Watkins, known as the
Chemung Railroad gave notice to the officers OF the
New-YOrk and Erie Company from which they
leased about year ago for periCd of three years.
that hereafter they would not pay them for It's use
more than the net profits of the road over ana above
Y
previous notice the officers of the Erie Company took
possession of tie road and placed upon it their own
cars conductors engineers, 6c. also TOOK poS+essol
of the various ticket offices and freight depOts be-
tween Elmira and Watkins Up to Wednesday the
road was still in their possession Mr.. Owen, the
President Of the Eluiira, Canandaigua and Niagara
Falls ROed being absent attending TO hs official duties
here He has been called Unexpectedly from his seat
in the Senate Chamber by this Misunderstanding
THE Mlcaukee Sentinel publishes letter from the
former President of TIE La Crosse and Milwaukee
Road ard says that it
"Gives satisfactory account of the proc ceilings Of
the new Board OF Directors Of the La Crosse and MI
wsukee Railroad and pays just compliment to the
energy and success with that company
cued its operations during the past year. II claims
too ard not unreasonaby, for the new Boar and the
great enterprise they have in charge, the confidence
and support Of the people and the fostering care 1.-THE
legislature and il deprecates, hurtfu to the best
interests Of both people and State any interference by
the Legislature with the disposition of the land grant
We think these views of Mr.. Kilboum sound and
commend them to the favorable consideration Of our
readers.
Ia one point only do we think Mr.. Kilbourn mis-
taken. He speaks of attempt now making, Origi-
mating with parties in Milwaukee, 10 procure repeal
Of the Land grant, and the transfer of that valuable
gift to other parties That there has been some feel
ing against tie La Crosse Company during the past
year, growing out of various financial operations IL
not TO be Denied but We are disposed 10 think that
is passing away and that the almost universal SEN
uUtLt OF OUT cllILehs IL, W give the ne" Doaiu VI
Directors fair play, all encouragement and reason
able chance 10 retrieve the fortunes, and complete the
construction Of the road.
80 long these gentlemen push ontheir work Wig.
orousy and carry out in good faith the contracts and
agreements they made, would be unjust to them
furious to the road, and most impoltc the part of
the State TO throw any obstacles in their way Such
we believe to be the general feeling in our city and
throughout the State The completion of the La
Crosse and Milwaukee Railroad, with its extension to
Minnesota, destined to be the greatest thoroughfare in
the Northwest, is OF the first consequence 10
Milwaukee as TO Wisconsin, and the common desire
and disposition is 70 help, rather than hinder the good
work"