New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-04-02
sourHERN PAcrFrc RAILRoAp.


We have been favored with some facts aud statistics
regarding the progress and prospects Of this road, ii
magnificent land donation from the State Of Texas
and the ultimate arg profits its now assured compile
ton will yield to the stockholders, which we take
pleasure IL spreading before the public We doubt
the data furnished is reliable, for 1t comes from
a reliable source.
The President Of the company, Geo. S. Ycrger, ESQ.,
has but recently returned from the line of the road Of
: the company in Texas, whittier be proceeded on
tour Of Investigation. He reports very satisfactory
condition OF affairs. The progress of the road is as
much as could be reasonably desired and the feeling
among prominent and substantial citizens is emneny
favorable Many of the difficulties that have embar
rassed this mighty work-the only one at all feasible
to open railroad communication between the Allan.
lie and Paeidc-have disappeared before the active
labors Of its immediate friends, until the most serious
obstacles may be looked upon as surmounted. Fur.
Their, informed that the road is becoming very
popular in our sister State and that it now receives
the strong support Of the strongest and most susan
tial people there, who prepared to extend to il
the fullest aid their time, influence and means, will
enable them to bestow
An office Of the company will, we understand be
shortly established at Marshall, Texas The annual
election Of Directors by the stockholders will be held
in the CITY Of New Orleans on the first Monday in
june next At which time q fan renort will he made
which. we have good reason TO believe. will satisfy
the s.ockhoiers The advocates of the enernrse and
| the state of Texas
The lands granted to this company are valuable
| and munifcent beyond parallel, fact which seems
not to be duly impressed upon the public mind They
consist eight millions Of the richest and most
fertile soil on the surface OF the globe UNSURPASSED
in climate and production. When this vast domain
belonging to the company shall be put under cpltiva
tion Il will be as soon as the progress of the road
enables its products to reach market its productive
capacity will become stupepdous. An II reonres 70
become the weathest and heaviest producino section
on earth is railroad and a nonulation. and the rail
road it will have in few short wears and nonulation
will flow in along with the railroad. OF this there
can be nc question And OF course the price of the
companys lands win be enhanced correspondinolv.
Speaking of these lands and their prospectiye
value, let us assume by way of illustration the Ili
nois Central Railroad AZ n standard nv which IN mako
our calculations. and then glance at the mighty re.
suits to be realized by the stockholders Of the south
Pacific Railroad Company from the completion of
the work-results Of infinite magnitude flowing from
a comparatively tritlinQ iryestmelt.
Basng our figures upon the statistics of the great
Northern road referred 10. which are founded ,ron
realities we think we can prove that the land grants
10 the Pacific Railroad are supefor To tbosa rantaa
the Illinois road. The Illinois Contra, Railroad COS,
about 900 per mile Its lands On sale avor.oed
about SIS Der acre not tn snecnlors Init 70 octnoI
settlers. Now let as applv these tignres h, te o,,
ern Pacific Railroad. and for moment contemnlata
the results We opine thew will nrove asonpang y
men who have not duly investigated the matter |