New-York daily tribune., 1862-05-10
ATLANTIC AND GREAT WEsTEhN
RAILROAD.

One of the most important enterprises, to
the prosperity of this city, ever projected IL
now in a fair way to be carried rapidly for
ward 10 q successful completion. The difficult
ties. originating partly with the Trent affair, to
the pushing forward Of the Atlantic and Great
Western Railroad have been removed, and the
contractors ere prepared to build it as rapidly
~ labor Gun be accumulated for that purpose.
Arrangements have been made to put at once
ak thousand men at work upon the track, md
The Chief Engineer, Mr. T. W. Kcnnard ol
London, ha. purchased during the past two
week, all the equipaeo needed for working the
Road including thirty locomotives. The Road
at present is completed and in operation, from
Salamanca the junction with the Erie Road, 46
miles from Duukiik to Cory on the Erie
and Supbury Rond. 1t there reaches tho OIL
regions, aud the freight on oil alone, brought
t.enty.fye miles to the depot in wagons, Is
now $500 per week. When the branch is
comrleted from Cory to Titusviile, the depot
Of the oil region, this amount, it IS believed
will DO increased to $4,000 por week. Ihe
road will reach Meadye by the lss OF July,
and Akron, Obio, by the lst of October. maxi
mo two hundred miles from the Erie Junction.
For the line TO Akron the money and materials
have all been provided. Bey ond this, the road
will be extended to Dayton, Ohio, and from
DAYTON TO Cincinnati an arrangement has been
mado with She Dayton and Cincinnati Road
to lay third rail. At Cincinnati, the
Great Western connects with the ONO auo
Mississippi Road, which IS OF 'lA-'ee'
gauge. Thus when the whole line ia fin
l.hed, which will probably be within two
sears, New-York viii possess new siI
foet gauge connection by rail direct with 81.
Louis, BY which the products of tho Wet,
loaded at st. Louis, can bc transported with
out breaking bulk to the Long Dock at Hobo
ken, aud discharged into vessels for shipment
70 Europe. At Warren or RayenIa conDec-
ton wll be made with Cleveland, which will
tap the Western traffic at that point aud all
along the line lateral feeders are already buiIt,
which Will swell the business of the Atlantic
and Great Western. The principal parties 10 this
enterprise are the great banker Salamanca OF
Madrid, the Duke do Riauzares, husband OF
The Queen Dowager of SPAIN MeSsra. lay
ward, Kennards 81 Co. of London, James Me-
Henry of Liverpool, Sir Morton Peto, n. P.'
and Ed. Belts of London. and Messrs. Saml
fiaiiriL ~ Go. OF Ncw-l0rk. The ChIei Eu-
cineer of the work Is L. w. kennard. esq, OF
London. Tho Company are very fortunate
in their American connection. Diessfs. Samuel
IIallelt q Co. are vigorous and enterPri'ing
firm. and WELD great money facilities. Mr.
Ualle,t has been connected with this project
from its inception, and large portion OF the
success It has met with is due to his per-
sonnl exer,ous To the Erie Road, this new
feeder, stretching its arms across half con
tnent 10 seize the traffic Of the West and
throw ii into the lnp Of New-York, will
prove of incalculabls value. When the line is
completed to St. Louis We shall not be sur
prised to sec the Erie Road earning ten or
twelve millions of dollars per annuIn.