Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1863-10-28
The Pacific Railroad.

Never in the history OF railroad enter
prises has there been so good an opportn-
nitv to obtain the funds necessary to con-
struct work, as there is now to build
that portion of the railroad necessary to
connect this city with the Reese River
country. Of course We have not the
money in this State required to do the
work, but it Is in the United States, and
if the matter was properly laid before the
Eastern capitalists, enough could be OBJ
tanned in three months to build the road
in two wears. When the scheme Is laid
before Eastern railroad men, they will ask
these questions: Is it possible to build the
road: How much will it cost to build
it: and will it pay if it is built: Com
petent engineers have already demonstra-
ted that the road can be built. They can
also approximate the cost of the work.
As to the matter of profit, if sufficient
energy and intelligence are manifested, 1t
can be easily demonstrated that the road
when built to that point will pay larger
profits than ever before earned by any
road. 1t is for the officers of the Central
Pacific Railroad to take hold of this sub
iect, if they know how. If they do not,
they must give way to those of the West
ern road, who do know how. We are
sorry to say that the management of the
Central road, thus far, indicates anything
but speedy completion of that enter
prise. In fact, we doubt if it reaches
Dutch Flat within five years, and should
not be surprised if cars were running
direct from San Francisco to Placerville
long before they run from Sacramento in
TO Nevada county. As to the encourage
ments to be held out to capitalists to in
vest in road from here to Reese River,
let the endless train of heavily freighted
teams constantly passing over the noun
tains answer; let the thousands who
weekly cross the mountains reply; let the
tons of bullion weekly increasingly that
each week come from theTerritory respond;
let the monthly multiplying business
of the silver region tell the story Of future
railroad earnings. If two competent men
would take hold of the matter, they could
inside of three weeks furnish such reliable
statistics of the freight trade and passen-
ger travel between this State and Nevada,
of the rapidly increasing business and in
exhaustible resources of the Territory, as
would not fail to convince the most
cautious capitalist that. no better invest
ment, of a legitimate character, offers them
than railroad over the mountains. We
now know that from one hundred and
fifty to two hundred and fifty large teams
are daily passing into the Territory, and
that they fail to transport freight in suf-
fcient quantities to feed the people and
supply their other wants; that of pasSen-
gers there is an almost endless procession
marching on; and that of bullion some
tons are monthly transported. How much
all the freight and passengers is, and what
it is worth, can be ascertained without
much difficulty and it is not wild
speculation to prophesy that a railroad
would more than quintuple the present
passenger and freight business across the
mountains. As yet, those who have as
suned the task of constructing road
across the mountains, have not taken any
steps to enlighten the public on these mat
ters, and thus show what splendid induce
ments are offered to capital. The railroad
men must do these things if they intend to
complete the work they have undertaken.
No road can be built by bothering about
trifing county bonds; no road will be
built BY the Central Railroad Company,
unless more business vim is instilled into
its management.-S. F. Call.