, 1860-01-27

advantages enjoyed by TINT port, Doston hav:.
ing but half of a line. and tlle wlole seaooa1o
south Of New York none ut a1'.
1t il obvious that under such circumstances
The foreign trnde Of olhcr cities ususs oe con-
ductcl with nillicnlty, and its incFca caouot
be ut all commensurate with the wonderful de-
yelopmspt Of the country. It is Of no part'cu"
lar ads vantage TO the domestic industry rf me
United States that the foreign trade of Phusoei.
rhia mikes no ptcGress, for whnt we do not sell
New York does. Tais is the natural rtsu!t Oh
The Laws Of trad >, and il VIC would proTlde q
rsmedy VIC should endcaror hy every means IN
Cur porcr to open hew facilities for condnc'ins
our foreign commerce. The steamships plying
between Philadelphia and Boston cuaolc onr
merchants to avail themselves Of all the facili-
ties afforded by the Boston and Liverpool branch
Of the Cuoard limo Of s,eumest, md now we are
t. hare sinlitat Intercourse opened with the
Portland and Liverpool branch Of the Grand
Trunk line Of ateames: As the vessels running
hilhar from BOSTON have always done u large
aud Lucrative business, it il quite likely tb.t TIE
new one between Portland anst Philadelphia
will produce si...ihr result. There Is trace
enough 1T Portland, from New uampsolre.
Maine. and tue isritiAh provinces to support THIS
steam line without regard to the tafe.Sn oEsl.
ntss, if properly wu Eei nr, md with tue later
thcsv can be no doant of its t,siug profitable:
Philadelphia is the chief poit OF tue Gnatea
States II tue coasting trade, which increases
from ~eur I'd rear in un astonishing ratio. It
will not lie lous before we shall hare lines Of
steamships running to every leading P,rt On our
r cuas.- Portland. EoAton, New York, baltimore,
ready provided fo1, aud we think thai this Inst
pstjecie.l Inns n,ay prove equal 70 tie best OF
iActu, all under sui jtahle auspices. The raiinays
leading to Portland from the Canadian cities
will enable us to eurry OH J. larsc trade villa
thut region Of country, to which our great Far'-
ctT Of manufactures must bc aesttao'e.
{From the y. !. llsEa1:.l
Ono Of the mos. important movements in the
r:;i!, III world is the Development OF the tirasd
Trunk Railway Of Canada md its connections
We have heretofore e taken occasion TO say that
iu re pect Of power, influence, wealth, extent
aud future importance, there is ITO body on The
continvn. that c.n for moment compare with
this British corporation. With its connections,
Which It controls, this COMPANY now has con
tinuous line Of railroad from Portland, Maine,
to Detroit, MicllgHn. It has also road run
ming from Port ssarnia to somewhere in the
eastern wi]ds VI Lower CaDada, Hhich will
shortly be completed IL Halifax. thas recently
bought most Of the steamers On Lake Unfario,
and proposes 10 eaatrol the steamboat business
lila. lake. 1tis now said to be in treaty for the
northern branch of the Michigan Southern Rail
road, which it proposes to cc1nPle'e--so that =
year or twD hence, Il viii! own direct 1tne otroad
from Chicago tu lalifax Oh the nuc hand, and
Chicago to Portland on the other. Tothese gun
tic line. Of road, the Grand Trunk Company has
provided and is pro'iding ali Intelligent system
| OF feeders. Lines running north and south IL,
Canada drain the pro5ucc of that province iu,o
warehouses Of the Graul Trunk, And we hear,
| now, that groul scname-which was mention
| toned ia these columns few mouths sinco
is OF! foot. By which the Grand Trunk would
lease tile Harlem Railroal to Albany, aud COM
| ple,c II to its own trunk line, so IS 10 command
| the ports Of Halifax, Portland nud New York
Hlwevtr rexaggerasel these schemes may seem
there is netting in them " hich will surprise
llAse who nre familiar with the history Of Brit
ISL rallw4ys. II has always been q favor,te
maxim with stockholders in British roads that :,
| dividend invested in i new connection Or exten
sion MS worth two diTiJcuds paid. Nothing III
the l1istors Of the United States railways cat
compare witl, tue patient and liberal out!ays
which British stockholders have made for years
n order 10 secure paving traffic on their lines
This Grand Trunk scheme is managed by
aulste OF the first railway men in England, nut
sle public may depend upon it, these men hay.
tlie nerve and the experience and the money II
carry cut their ptau4. They are now carryio.
freish. over their road ut I OF Il cent i ton pei
! miie-lar less han cost. Tbc English plan ba:
been to carry it for nothing rather than not &c
| it, ii our people arc supue. Tia tr.17; dttste'
| The Ntst Gal tie s+45oAamM. ia fee ytars, 5s II
| the 1aadso of this f.riyn corporation.