New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-03-16
bnYtr 4

buytrs Buyin,
sovereisns ....s4 S ais7 Span pbloon..ss 7OGi6 g
Ten TEsIer peoe.. a ss od Au e9a. 80 cent, Pre-
Teu Galder pieoes as % IBk. EnId sn. -04S
Perhaps 10 r4ilSsy at the West sands 10 gre.,er
darger Of that phlebo,on'zing process called tap
ping" by competing and interesting lnes, thSn the
Gsers AID Cbicsgo-certsiny one Of the N 'st oro'-
porous ard promirg in lis early history Of any in tue
c.upiry. TIE Intervention Of the psaic Of 1857 hos
delayed the threatened mschis but it still hangs oveI
the fortunes Of that road SHAPE too substantial to
be ignored We were frtt led to these reflections by
perusal Of the report OF the Milwaukee and Mssis-
sppi Railroad Company which 10 allusion 70 the N
tempt tied extension Of the southern Wisconsin Road
from Monroe TO Warren, q distance OF 81 miles, by
which extension, according TO that document this ine
via toe s. Paul Road becomes the sh0Itest route 70
Chicago from G8lens and Dubuque. This
opeLs a competing route whish has hitherto
escsIed attention. Next, we come 10 tee
Racine and Mississippi kosd, shich crossing the st.
Paul Road at Clinton lie mailing its way through Be-
lott TO F.eepot, b,tu cities OF ON 100 to SOU in
habants and botl mpoItaa. tributary to Fus to tas
Gaena road. By the Raciue aud St. Paul Road the
dtsLoe from Belot to Cbcsgo is III miles nearer ta,1
any 9th er route AID from Frespor. il s ao one what
Iearer At Freaport the Racine Road strikes tle Iii
rois Central which extends 10 the Gaiens, and ON
that poot il beco via tie 81. Paul Road, also q
.ho!er route to Chicago. The third, bat 70! le.t OF
tie "tspp'ng lines is that Of the kenosos snd Rock
ford Road, whch crosses the 81. Paol RJsi at
KsvaId % niles from Cbicsgo, and runs 10 Rockford
Oh the Galens forming, by way Of the 81. Pau Road
lire nearer to Chicago by Fix miles than that Of the
Galers Rockford has about 1000 h,bitaLts, aud IS
ore Of the most important stations on TIE Ghspa
Road In 1856 it is stated 10 have furnished euth
If al tire bu,lnecs &C the Gaena Rosd. 10 the en-
bauesttd stl,e Of these enterprises, tue Gaeaa Rood
Suffers ms,erial injury from them; bu, in the nst-
ursl course OF thiogs these obstacles, rased by al
txtrsoidLsry son, vii disappear, and we may,
therefore count with certainty upon the completion OF
tie li1es alluded 70. The Southern Wiscousin which
is part Of the Milwau.ee ard Mississippi, needs
500 COO for completion; the Racine and Aiss ssppi
$40 COO and in regard TO the Ksnoshs and ,ckford
We have 10 d.ini.e information bot understand Il to
be under fair way for completion. 1t s possible TIA,
in the rapii and vi, oIous growth OF the West the
Gsena Road may fnd ar increase OF business from
other sources sufficient 10 compensate for The drafts
which The &c rev aver VIII make upon il; but toe
efforts 70 draw from lie business BY competing Ices
are lot TO be overlooked in . ejaculation Of It's ba:-
nsts prospects en1 ccsIce5.
Tie facts in regsId 10 the California Bonds recently
ciscreoited BY that State, substantially s. fooSs:
IL N6rch, 1858 Wells Fargo q Co., acting, a. Il sp-
pears agents or ether psrtes presssted warrants
to tie amount of $40 co. which were exchanged FOR
tie lew State Bonds ut6er tee law arhorziug such
charge ard IL jams O. the same year, sl2 600 more,
making ia al total Of sbou. So 600. lie the moth
os October following TIE state Treasurer upon exam
matter Discovered that amount Of abozi So 600 Of
these S,ste warrants tsd bten stolen or implcpsry
ob,a;ped, and tia. tiis sam OF a., coo was g pSt
thereof. Upon this e;-cove-v, Wells, Fargo S Co.
were al once notified c: the frszd and subseqacntly,
Legal prccsedirge were commenced against them By
sSe State; this en-; is row pending. I, dcee not
srsA that ofs,sl notice Ct he fraud aaa
esay been given, either in Cs,fornis or
New Yoik, although sone OF The Sacramento papers
ro.jced Tie natter edao-;aly. Meantime California
topds have Seen dealt in. n the SsE York nHket
wttou, suspicion Of ary snt upon tx issue sni the
frst r;inston Of tie mater s received after preseu
tstor Of .Ls January coupons for psynot-iess than
moth s;roe. GieS. dissatisfaction is expressed IN
tie s:r,s in coEfequeroe Of this regu.Ss aoi looss
wsy Of doIg brEIess ard there is Bat lts aEeT.2ee
Of inot u regard 70 tie caAseter of ths .ransso
ton &C .he part Of tie s,s.e i. is held ths IN tie
fink psoe, tie State By the gross oselesness a IL
Own efctEs, Lot ory allowed ,ae fis1d 10 be peTps-
rated, bot entirely neglected ordeary precautions a.
or rs misunderstanding rsgotiaions is seeu-
rties 70 lie made 10 New York for several months
without ibiiDa.ion OF the iseai scd not sing hold
era here only when co1Pors we:e pre,en.sd
for coleettn. AID in the seeond place il
is urged, hat in re.s;aiIg banks for tie
w@rsris, and permitting them to cJcala.s