, 1862-06-25

G3fAsE W InAJ d, 11.A QE1 CtLE.
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Chicago and Northwestern Railway.
The annual report Of the President and direc-
tore OF The Chicago and Northwestern Railway Is
before ua. 1t speaks Of the losses and derange-
ment OF bEsfness through the collapse OF our ILL
nois currency and also Of the decline in the busi
ness Of the road from the alleged frauds OF por-
ton OF the wafehoueemen. This latter difficulty
the board state, has been entirely removed and
ample accommodations for warehouaing have been
arranged for By Messrs. Mnnu s Scott, against
whose integrity not eren breath Of suspicIon has
never been heard.
Congress has authorized the road to be run
down the Fox River to Fort Howard, opposite
Green Bay, instead Of upon the old route, and
granted eighty acres Of the Fort Howard reserya-
tion for depot purposes. Work is progressing
rapidy upon the road between Appleton and
Green Bay, distance Of twcnty-nine miles, and it
ispsoposed to open the road fuz business in the
length Of ~ miles.
As to the Importance Of the opening Of this
section Of the road the rcplrt saye;
Besides the ordinary bnsiness to be done over
this extension Of road, between the growing inre-
rtor country and the city and fine hofbor Of Green
Bay. an Important traffic and valuable through
passenger bueiress is expected to be opened By it
With Lake Superler via cleaners through Green
Bay t. the head Sas o tt1s Bay dq Noqnet 10 mles
across The upper peninsula Of Michigan, fifty i've
nile5 to Marquette on Lake Superior. the pl1nci-
iron region, and tecnce By steamers 10 IIsncncE.
EonghIon, Ontonagon, bayfield,, Superior civ
and all other points on Lake Superior
The Lake Superior Forwarding Comuany.
with whom We have contract for rIuuinr boaiis
and stages over this route in connection with our
| road, have provided suitable steamers to run on
Green Bay. and now perfectiuE the stage route
between The head of Bay d1 Noquet and Mar
queue, Nnich viii be hnlshed and equipped with
tfages ready TO carry PASSENGERS, before our road
| If GonFlGted TO Green Bay
The Lake Superior For Earding Company have
Secured the contract with the government for the
carrying Of the Lake superior mails, via Chicago,
our road and !fls route.
superior from Chicago With ease In thirtysx hours
Fay. Id comfortable boats at night, and across the
peninsula III stages the next dSy, arriving at Mar
qqr,te BY evening.
tepEer route by steamers can re msjntajna1 Innrh
earl1er in Tic spring and later in The fa than bV
the St. Mary's River.
By this ronte one TO two days will be saved over
the steamboat route from Cleveland and Detroit.
| through Lake Huron and Superior in fair weather
with smooth eeas, and three 10 i've or more Gars
arc saved in stormy weather, besides the iiscoin
forts and personal hazards, oceasioned By tue sud
| dtn and severe storms noon the s.cat 1aSes The
| moment this inland route Is opeaed the neon1e al
Lake Superior will hail IT as boon to them. sec
ondary only to the constructiou Of the Sa,1t st.
Mays ship canal, "4&~ 0-@%-' Nv
Some fourteen steamers are now engaged in the
| Lake Superior Trade, the exports from 1hich the
past season WIS some three millions Of dollars IN
Ta3ue Of copper and half q million in iron. 4 rail
road has been chartered from Marquette aud The
Iron Mountains to Bay du Noquet, with . iaad
Erant III aid Of it's construction which will yer,
like1y le built IN short time by parties interest
cd IN it, when the parsage from lhicayo to a1n1
4uettc viii be made In twcnsy-euur hours.
In regard to prospects the report aays:
The cnr1inqs of the nreaent road fnr tho n. I.
year, were Se497ls II; sufficient It is shown afse1
| rayment of ali evnennaE and ;n+a-oat ~ 49,;
mortgage bonds, mentioned above, to the pay
mehl u one yearF' interest on the general frs
The interest on the temnoTary ebt of tht eo,1a nn
nv uroyieion fur The 1,ayme,3s ~ whirh has hapn1
nade in the f1noinn OF cnnnons nj Jirst
bonde. ~@ W. e-'' e' 'AA'' '1'A 's'ss
| The estimate of earn;nqs Nv the ho,r5 of di-ac
t tors. for the mast yeaT. Tas ss5lG@ abant ~ tb,
amonnt actua1Iy earned The estimates Of III,
| beard aud Of tie bonIho1era inyrsfinatiro cnsn ~
nistec without the Green Bay extsnsion Tor % tht
p1eEent and eucceedinr year. Wrra soot} rb1 NJ NJ
| an1ir1n ~'00'eS0 ~
If The Green Bay extension with fts T.akc spnar
ior connections, and a larger eou;nmcnt. mar
economical shops and arranscmeats, and laree
ware house facilities proyidcd fUr by the fnn1inc
Of six coupons to1ether with the natnrni n