New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-11-16
7'JfE PACIFIC R1ILROAD.


meeting was held last evening in the cooper in-
s,tute 10 bring before the people OF New-forh ne"
,roect for Pacific Railroad. The project has already
loon presented 20 the public Of New-Engand, where
has met with much favor aud nearly million Of SUD-
scriptions AZ o'clock, five OF SIX hundred poop"
were present.
Mr.. Geo o. CoLTos called the meeting TO ORDER,
and nominated sAa. HorALINd for President, ana
large number Of gentlemen for Vice-Pfe.ioehfs ana
Secretaries The nominations were ''iiiunhou'iy "'
eepted. -. -.
the hall and took biz amid loud and prolonged sp
phufe.
favor of the building of the Pacific Railroad. He
thought feasible enterprise much more 20 than the
Erie Canal was at the time of its projection In eIl-
cusion be stated that EX-tiov. Boutwell, had teie-
Qrarhed that i'm consequence Of sudden calamity, ne
could not be present, but Mr.. Perham, gentleman
from Maine who prefent, had taken an interest III
II from the STAR, and would present statement.
Mr. Perbam stated that, his voice being poor, ne
would call upon Of the secretaries TO read DIS se-
ment! -.
Mr.. Secretary Walton read the statement 10 so's
forth that Maine has chartered the Pacific haIifoau
iudioiously and that in order 10 bnlid h onp
100000 persons need give only SiVo apiece. .
IRE middle route is preferred by Pixies feak
and Utah The statement that the projectors OF TINS
road would use none but american mon was received
with loud applause. They would ask the Government
10 give them alternate sections along the road ana 20
loan them its credit to reasonable amolnti secured
ON the road as il should be completed.
MrJ c. LovEJOY of Boston was then introduced
After developing tie leading ideas Of Greek and TO-
man life he said that the American nation was nend
ed 10 show to the world what labor could DO sueh an
aggregation Of material forces the never saw, as
be looked down upon in America to-day. We had
cleared the forests built roads erected houses, estab
lsIed commerce Why, the little city of Ncw-Bed-
ford caught whales than all the rest of the world
A VOIcE-They don't catch any whales in Charles
Mr.. Lovejoy-Well come to that by and by. We
are going TO live together some time longer. people
who in % years had built 30 600 miles Of railroad, could
thew not in five years build 1900 miles more Ii
would require stock capital Of only S20OOO,UO0 TO
secure the building of this road. Mr.. Loveloy con-
tinued rectng the pectniary, military, and social
benefits which the railroad would confer upon nc na-
ton, and especially upon NewYork. II would operate
also very good diversion for the national fever now
upon the country 1t would be another bond OF union
ard God grant that we might be one people now ana
forever -
Horace Greeley was then introduced he said he
knew no more of this particular plan Of the Pacific
Railroad than be had heard this evening. He bad no
plan Company, no route, no desire, bnt 10 impress
upon the people the necessity of building the road lie
Lad been over the ground. The road was very pIict-
cable Nearly One-fourth the cost OF The Hudson
River Railroad for land damages The Paeihc
Railroad would mainly run over public territory.
whole right of way, but stone and earth could be had
for nothing. We bad roads costing $4,000 a mile OF
which the laborers got no more than S2',VV'. IL
was a very feasible route, more 40 than
any railroad with which were familiar. Great por-
ton Of the way what was called the Plains Here
was no rock, TIE great obstacles to railroad making.
Bridging was another heavy item OF cost Inc amount
Of bridging would be less than in any other road here
or in Europe which he had ever seen. All the bfld2es
necessary would not cost much as the Victoria
Bridge Montreal. There was not 30 much timber as
Il IL. NJ
full of timber which could be RATED down the streams
pretty nearly east TO the Missouri River. This
would obyiate the great difficulty. Ia Utah there
considerable timber, rather small The Sierra
Nevada was o well-wooded range from which timber
could be RATED each way. lie thought the road could
he built with money for not more per mile than the
Erie Railroad cost Coal and iron were walso plenty
along the route. Now, as TO ihe probability of remu
relaiion. He would not speak of diyerng the East
India trade from its present channels. This might be
done TO extent, but such calculations We're 100
contingent and too dubious for him. lie would look
only to the United States. There were $4,000 who
passed between California and the States during the
year 1859. This was destined he thought to be
largely increaced. But with this as basis, three
fourtls of these would have gone by Railroad. He
believed that during the first year after its
o. ening 100000 persons would pass through paving
SltO each, making slO,OO0,00O But The way travel
would be much more. A good double-tack railroad |
enough way-busness to pay. This year some 1000 |
or 5000 loaded teams had passed from the Missouri
River to Pixies Peak. They charged 10 cents per |
round. railroad would pay a liberal income at > |
per pound, and $50 head for passengers, who
were paying Sl00 for very much less comfort |
able transit. The local business the East Ind |
would pay for 700 miles of the road on the West end
it would pay for 400 miles. The through |
tahic then might be applied TO the support of |
the intervening 900 miles. Now Utah was
a great mineral region, gold, silver and
precious stones would be found there soon.
All these would carry forward population.
YOu wanted three men providing for every one
man mining. With a Pacific Railroad mining |
would be enormously expanded, and open immense
market for the agricultural regions either end of it.
II wonld add also to the value Of New-York. The |
soil Of this Island worth TO-DAY $500 600 900. II
would be worth not more than half rs much had not
tie Erie Canal been the first means Of communication
between the two slopes Of the Alleghanies NewYork
had now achieved that population thar every road |
that the read would soon be built
Lieut. w. A. Bartlett, first Aleade of San Francisco
and Nh. James L. Wharton made few remarks, after
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