New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-03-10


Tie entire lot Of the Company, therefore, up 10
tie beginning of he present year, amounts to the
enormous cum Of $i7, 70O,Sd, which makes the
whole liabilities OF tho Company since its commence
ment up to the present time, including share ard de-
bentu-e ospral with bills loans. interest and rents
orerdpe. no less than $75,2Ii ,2J Tie Sigh, in.
proyement in the traffic for the last eighteen months
nav have reduced the loss which thus appears in the
general balanc.sty few thousand dollar; tu' e,on
this is doubtful considering thf. from the opening Of
the line up July 1850, the aggregate los OF run
ming the trains was 81 900, i9l Such d TIE financial
position Of the Company ct the moment when j,
cones forward asking new aid from the Provincial
Government. The sid already given by the Prov
ince, it should DO stated, amounts, in round
figures 70 permsuen, loan Of SIS, 800 000 on which
the tax PAYERS Of the Colony have 20 meet yearly in
forest II over 500 GOO. The new loan domandoifor
loan il really isis s.dto take the ehape of posta!
contract, extending over 80 years, and anounng IL
the aggregate, We believe, TO some ll6.oOo,QO0 On
This earitnncI .um tee local Parliament il 10 b.
asked is said 10 advance the sum 81 a. 800 900 in
Provincial bonir, taking in return thslef,r some
imaginary security for the running Of the road, and
iho rerfo9nance of the contract; aud We may here
mention incidentally, TINT all this is asked at time
when according to the official returns of tho
France Minister, tho deficit in the Provincial Tx
cleluer 10Y tie last farncial year is sS,e73,57O, or
moro than onc.third Of the whole revenue.
LENGTH OF rHE RAILWAY.
The rord whose Gnarc;al position and tlaiInf on
Government support we have thus sis,sd embraces
altogether !l3l miles, Osd divided mo The follow
ing sections or branches:
ne.i Oh and Port Huron. . uhuend IlIee River 3.
Por Heron yerry....... Three R.7erst Chamber. t.
sasna aud London June. % Chtudrc sd fsut let =
Loadon ,nd roenio Jr. % chsudeIe Nv. da LoepIla
lfosto and E.pg'on ...et L'don bl'nch ....... "a
.ihf.on ald Aonuosl. LIN s'ton Branch
RI = -, .ad i I.iand Iricai gsi Bc
sisud Pond add PofileLdli.. TOta............t l3l
FIRST PAOJECr Or AN IsrERCOLoSGAL RAIL-
WAY.
From the year 1876 10 1851 the question Of az Inter;
colonial Railway, 70 correct tho pou OF laliAy, in
Nova ScoGs, with tbs port Of Qnetsc, in lower
Canada, was pre,sed On the attention Of the people
Il England and the CsloIis,s ihentei,cs by vsrous
,gencies In the first named year Majo. Robinson,
AL officer Of the Royal Engineers, who had tees up
pointed TO make survey cf the route beet sdspted
Tor MILITARY highway, mad, his rpor. to the Imre-
rial Government. Having priumy regard 70 the
main object d his survey MAJOR Robinson wa na.,-
rally led 10 sschcw tue Ivvr.te frontier route Of ne
commercial promoters Of tho enterprise. Tho .c,.
;ngenei,s Of tn international war were Necessarily
embraced ia hia chciietons, mi iu oxplorisg the
Colonial domain he found hmt,lfv ,ompellci IL tru
aside from the partially cu'iyste and fruitful valley
of tho ~. John aud make his start frou the Nova
:so.L.n frontier in norh.fly direction b. the way
o. the Bay Of Chaleur aud tic Calf of s.. Law.
'euce, touching the Caradnu boands,y at the River
le'fioonche, aud thur trayersipg for hundreds Of
miles q wild and al By, barren Territory, with tho
mcs, liu.ied Advantages FOR sei!emcat ard cul,i,a.
ton. IL SPITE d tho natural di,ld,uriager of tuch
route for commercial purposes, Mnjor Robinson
RECOMMENDED IT TO bic irpeal nes-ra Sevetsl
years however, elapsed before tho matter war brought
formally before The Celouibi Legalatuies. 10 Can