New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-12-03

the building known ereton market now sed as school
work to he done without delay " ''''
Mr. Moreno offered the following resolution, which
was read twice and adopted the rules being sus
pended
Rssoiaei That committee of our members of this Board
tha MayaT and Of the Board Of Aldermen be ap
pointed TO make all necessary for the reception
the Hon a Douglas on his arrival At this city
IN mouon, the chair appointed Messrs. Moreno
White Leete and Phelps on the committee called for
in the foregoing resolution on the part of this Board
On motion, said resolution was sent to the Board OF
Aldermen Tor concurrence.
SPECIAL COMMITTEE.
MT Fhelps offered the following majority report
which was read
The Special Committee to whom referred tho resolution
@ T. me honorable ne Board Of Aldermen relative to the
S Jackson and Great Northern Railroad bag leave
TO report mat after careful examination of the subject they
to conc9 il the resolution your committee beg leave to SET
q ana 9Hpci! statement Of the facts and which they
Wnan ne Ely o New Orleans subscribed S2JOJ0O0 the
sn Railroad Company it was not rs stock speculation but
tor t9 purpose Of aiding in the construction Of what may
enqeSses valley nqd intended Charter Of the Company
T mai, 20 Oe MADE on snch scale as shall serve for
New Orleans snd The Northern Western portion Of the con
whole country through which WIS to ran and particularly
~ e gi 81 Ivy Otfan were universally appreciated and
he ordnance this Council provd ng the ubscrpon The
having been az for the subscription zoos against IT,
f a gS, ~ 81 19eir Inscription for Two millions
~ we're lSsGed 20 the Railroad Company aud chiefly by
many OF these bonds have the Directory enabled t. build
New Orleans which is present its Northern terminus
From what the undersigned consider reliable data gross
Central Railroad shall BE- fnid rom b %g qg asPP
the gross earnings will be the s. coo 600 per nuuum
without including Sny OF the earnings to be made such po
Canton It is expected that the Mss spp Central Road will
t m M Us Th2e length from Canton 70 It's junction
The intended route Of the Great Northern RAILROAD beyond
S"0n Is IN drectonto Aberdeen one hundred
K@ilros G and b SStpI 'T2sSng ne Mobile ana Ohio
river the whole distance from Canton the being
Under Of tue Legislature of Mississippi granting the
rgho way to the Company through that Stale any
are qolaa TO complete that portion of the road within the State
Of Mississippi i zen years from May 1852 hree years
Several railroads had commenced in the State Of Miss
pp before the organization Of the Great Northern and some
ohio Railroad intended 10 run from Mobile to CAIRO enters %
state OF Miss ssppi short distance northwest Mobile and
runs ia nothery direction through eastern tier OF conn
ie II mississippi From Mobile north, it has been completed
to within few miles Of the point when VIII mppel by the
GTeM Northern Railroad 81 miles southwest Of Aberdeen
will at glance that the completion to that point OF the
and fruitful region viii be sent to New Orleans Instead Of to
Mobile that most of the merchandise for its consumption will
be brought to New Orleans aud that travellers come
to The junction on me Nozzle and Ohio Road will there leave it
Hence Of the highest importance to the people of Mobile
and to those interested in the Mobile and Ohio Railroad ha
has been srsady sid tie MSsspp Censr"i Railroad
now approaching completion Canton and run
ou Railroad 50 miles Of Memphis II Northern
Virginia aud Tennessee who would the Nor
erh Road az Us northern terminus on the Tennessee river
junction and the Mississippi Central Canton Hence is
road Company and the Mississippi Central Railroad Company
ha the Great Nohern Road should be stopped Canton
The Southern Railroad to from Yjcksburg
cry direction through jackson 10 Meridian tapping
bile anI Ohio Railroad the last named point Ii completed
4u aon rom 'ichsOfE 70 9ome Gsnce past Brandon
H. yI doubtless enjoy mHca heay passenger and freight
further progress Of the Great Northern Road
ia.
ay2r which the project Of stopping the Great Northern Rail-
Tie Memphis and chTiesoa tie M56a and Ohio the
southern ana m Central lines form the our sides
Of sqaFe when the Great Northern Railroad # extended
9e{onI Canton is TO be the diagonal and those interested the
portion Of the trade which go 10 New Orleans
over our own road il it were Completed would 90 their
il has now re tched " ''' gnu
1t has asserted that there is danger OF tie franchises Of
the Company being forfeited by the stare Of Mlssiss 1862
as the road may not be finished through Miss spp by that
date From the stat Of the estimated earnings OF he
gwen herein a. well AS the inscriptions made ana being made
G.rSp i, ~ jS9 ~ GL1s .G iA5 % t t2'd oeyonI
be cgmpeed through Mississippi far within the limited tins
5eor r HAT prfd "'L S s " "ua'on = pay dividends
Of the work in the neighborhood Of Aberdeen
9th, under contract
company Of planters and others your committee in
standing that they shall be paid in stock instead cash The
which the completion Of the line will confer upon them and
will doubtless contribute literally towards s construction.
onr concurrence in Viz preamble and resolutions passed by the
ground. They show concnvey this Council subscribed
S-WAVC to railroad from New orleans to the Teune,ste
prosperity Of this city that without III trade which egti.
duty we BY any act Of ours
70 eop enSae the schemes those who from motives self.
interest," seek to impede aud ohstruCt its progress.
Your counties therefore report In favor concurrence Of
the resolution adopted by the honorable the Board Alder
J. II. PHELPS,
+. & & 4 SStSs JH.
Mr., Ranney offered the following minority report,
which was read
The majority Of the committee to whom was referred the re.
port Of the Direction representing the city Of New Orleans
cdd report favor Of roncurug in the pr abe and
Huon without the minute examination which its importance
seems 10 require most respectfully submit the following
The repoF Of he Directors the part of the city states that
tr9m ms city to Canton Mss and sw days afterwards
That relations were once established win other routea
mat secured the certainty of travel aud freight whose value
That by the Mississippi Central Road speedy steam com
while by the Memphis Charleston route eastRardy union
was effected with the Tennessee Georgia and East Virginia
That The Southern road promised access to Alabama and
tons With the Mississippi river and with Fcks6urg ana
Shreveport line which stretches out ultimately blend with
IL nse their own gordst thus became the great
By this statement will be that the great result which
was 50 earnestly hoped for when This Council subscribed
plished the first April last Their report Il the financial
arrangement by which the creditors accepted the bonds OF
company bea"g Eht per cent interest annu
oteyeny ye cents 10 the dollar be considered good
IL y True that The orish subscriptions were nude oad
2ut 10 maze 70 NE zane river Us an expense OF sone
eight or enmos Of dollars by tbs Company aready four
Hgisnt engines and cars the present tbs road
me distance to the Tennessee river by the Mississippi Cen
trail Railroad il three hundred and nnety-one miles Dv the
Harden route e pro.osed tonr hgnea and miles Thus
distance Of twenty miles saved between Ogrars and
ne Tennessee liver the point originally intended by adopting
me distance to the point Of junction with The Memphis and
GhAest3n road IS only aetsht miles less by the proposed