The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-10-25
THE DISTURBANCE AT HARVARD COLLEGE.
TO TIE rDtroR OF TIE nv RAID.
orr Chicago Correspondence.

CHICAGO, Oct. IA, 1850
TIE Decsscn Of Governor Banks to Retire from Polncs-
The CJ,c-Gorsynor Banks 10 Become Resiient Dircc-
tor a. ne Illinois Ctr.-al Ratroad-The Gopsrnors Sd
lory = Be 50 SEQ Fear in HIS New QGco-Ds,s Of the
OSi<e-A Neo Grain ELrdDr at DunIeih Micel,neosls
Esss Concerning TIE Business Of the Illinois Central Rail-
road Company-Yste Land Grant Of the corpora,ion-
orea, Increase IN the Value q the Caapanys Land, DC
The recent decision Of the Hon n P. Banks, The pre-
chief magistrate of the Commonwealth OF Msachu-
setts from the field Of politics and devote him
ren 10 the material interest OF this State, has
awakened spirit OF inquiry among bis numerous
personal and political friends AS 10 what his
real position is 10 be Having had occasion lately to
anime what into the history OF the Illinois Central
Railroad Company, TO which corporation Gov. Banks lie
soon become officially attached submit the folio wing
statsm ent TO The HERALD
The title OF the office which Gov Banks s to assume
In the above corporation is hat OF Resident Director
&c represents the President directors who
tered this country and Europe and cannot attend TO
the duties required Of the from day day. heLce
this additional Office Ia found TO be necessary. He
ats ~ grand supervisor OF the entire bust
meas OF the corporation, which Is divided into
departments like the government Of . State, only
more vast and difficult than the government OF most
OF our States. All questions that cannot be settled by
the heads Of these departments In the execution Of their
duties have u be submitted TO the Resident Director II
in the OF events question arses which requires
additional legal advice the corporation has regularly
salaried attorney 10 be called in IT, again, question
ares which the Resident Director declines take the
responsibility 70 Beite be can, he chooses, submit n 70
The next regular meeting Of the directors Governor
than he receives as Governor OF Mssasausess
That State could nnort 20 ray him
much as the Illinois Central Railroad corporation,
the record shows that by his great and
financial operations Governor he las and made
money for Massachusetts, than any other Governor
the old u nmon wealth had. partly account
Of this record and his universally superior
administrative ability exhibited In the impor
tapi and cicu public positions he has satsfaot,iy
nled IA Washington, ~ well in Massachusetts, that
this ll alton 10 10 wife GOV
to as.ume the petition which he accepted He will
ciose his oai;ial term Governor Of Masssch
On The ltt OF January, and lhen enter NJ
upon his duties IN this city, az Eesideni Director
a the above nal1cd corporation He has recently been
here, and, IN company with the President, Mr. Oshorne
Of yoar city has made tour Of the nc OF rosi belong
iog TO the corporation. He was accompanied here oy
Mrs. Banks, snd believe, made arrangement flr
their future residence in this metropolis OF tnc IA
Now one word about the Illinois certra Railroad /.
The Continuous line Of road under the control
Of single corporation In the united states. IL
owrs one hundred aad twelve locomotives (of whicn
number twenty i've burn coal ses, nty arst class pas
cars twen four baggage ant express cars aud
two thousand t~o hundred nincty nve freight
II has extensive workshops for the manufacture 70
pair or machinery ~ Chicago, CeuIrslia and Amooy,
with one or two smaller hmens At four other
places ihe Ia interses By and makes conneo
tons with eixteen distsnct lines Of railroad. Al lie
northern termaus Duueith-ou the Mlssissiyp river,
he make connections With ths Of Mime
sota Packet clmpany for ths Upper Mississippi rnc
company have rtcently erected graia at Dan
leilh. By which graln xil b. Transferred from the
boats 10 The Al considera0e sAvag in labor and
expense.
A. Cairo the ihern terminus Of the rosi the cars
make direct connections 10y steamer 70 Cbumbus KY
with the Mobile and Ohio hslrosl for Menu SAcarz,
vicksbGrg, New Orleans and other southern clIios 10
this city The companys facilities for receiving and for
waroing freight Unsurpassed sleeping
all its light passenger trains the probable earnings
Tor the present year ain DO 80 coo Coo The greatest
amount earned 10 any year heretofore 1sts),
% asa SIS 90
Tue depart The mos, interesting branch Of
the company. II 10 presided over by OBI john w. los
most prominent p,sc uf that state Tnis depart
inert u divided 'nto tars oureals the cashiers 5,c
he sales room, and the contrast The whole force
employed In comprises ABOUT twenty I've clerks
che Of whom BROTHER Of Cnares Dickcbs tho dsn
On khed novelist Tie the suany side of tnrty IL
aiet. uusssomirg gentleman, and u 10 said writes con.
siderable for tome q the eatDg literary publications. IN
TINS county Butte return 10 the lands % the Illinois Cen.
trail Railroad 1bey comprise 40 area covering o56
t9uare mis nearly "a large tne territory state
OF connecticut, twice ~ large nes half
A. large As hassacnusstts aoa ihe ,Ame size a. the
feeterae Of HcfreCzss three As large a. the
Grand Dnohy OF Ba1en, and had large as me Grand
Dgchy OF tuscany.
Thee lsrds granted BY tue general government, "a
the state Of Illinois, and BY State we're 70
ths Central Railroad COMPANY.
An0