New Orleans daily crescent., 1860-11-07

The following extract from the London specta-
tor Viii serve to revive Tile spirits Of those in our
county Who, under the depressing circumstances
Of late years. have been amost ready to despair Of
shs future BIZ American Railways. We commend
10 It'd perasal of those eroakers who continually
iMIk at tia immense infdriority Of The American
salwRg system as compared with the English.
Iet Our railway managers unite to prevent re-
kurn b Fninoas competition and guerrilla warfare
npon 0nc another, and bright day Will soon dawn
upon American railway Securities:
Even with these qualifid idations, we English, who
take so great pride in THE prosperity of our coun-
Try IN the retufns of cApifaf invested upon our
0wn lend, and IN the certainty of our commercial
irAHa4eti0nss may look with some respect upon the
AetsHal results of railway enterprise in the United
Sfstess Considering thf immense spread of the
American territory, it d not surprising that the
exteHt of railroad should exceed ours as it does
7S 2f0 snIlee there against aIl0 here But the com.
p3Tisen holds good ever with regard to popula-
9uns for every million o people in England there
are 376 miles of railway open; in the United
skafsss 67AA.
The Americans anaRagt to make their railways
phe&per for MI CLASSES the average charge for
Arateiass carriages in England ID I'd. per mile; in
AauerlGas I'd The Charge for Eec0ndsclaSs pas
zeHEeEs there ia one-th1rd OF our average, and
third Glass passengers trife more than one
9Asra. Yet 1t is not0riQuk that in convenience and
qeynfoft the American carriages greatly exceed
tbe Engishs The total aost of all the railways in
usA in England is I3ol, 100000, in America G2l6,-
Q00 D09. There 26 00a shiies have cost little more
th&a thirds of the money paid for 5000 here.
In America, there has been Ia larger draught upon
eapita for the purpose bf constructing aud work
iags and What ara tha returns? Capt. Cation
STATES the nes earnings For English railways at Al
1ar cent. fof American railways at 81 per cent.
Az the receHt laeetings the dividends declared by
ezlr great railway companies have scarcely sun.
npftea the standard ot these statistics; the diY |
aeHa ef lhe Great Northern was A Of the Great I
Western, 3 Brighton ahd South Coast 45: North
WESTERN n per eentam.
We hare alluded to the fluctuations Of American I
raatMzfs bat Nc may ahsarve that, not long since,
aur Aorthwestern diVid Vidends were at mnch higher
neE fenzage, the Great Western down at 2 /; while |
taaf fear me BFlghtun dividend was per cent re 1
Ee compare the aggregate CT several railways in /
tAs tH9 countries The results are even more strik-
sng u Z take tlltS English railways including the I
Merop0lztaa lines, ana fifty American railways Ia /
What we may Gail Tue midland district. Here we I
a1d 1nat as usual tha cost of the English exceeds
zhs American, being aa5 millions sterling here /
agAnsf 643 millions there. The gross revenue in |
AnBland y ze millions, IN America nearly 81. The |
aggregate nef rerenue in England Is l0A millions |
" Aniericas nearly Al millions. But what is the
aisidand per cont for that is the point which
most concerns the shkrehol1er--it is In England. |
z2s per rent, Id America, sos per cent.