The New York herald., 1863-10-13

the Missouri river at tie mouth OF the Kansas river, 10
-'c ssid IL on tae hundredth msrii,n OF longitude
ihe Hannibal and 81 Joseph llr ad the Pacific afro d
'omiany OF Missouri mo Uuon P,cic llroai Com
pany, may unjle with the kansas company upon equal
terms IN constructing that part OF the line and a may
contsaGo tie Construction oil the line OF the Central Pacific
RailIoad Company California, or the latter may
tnae the construct OF tho line eastward In either
should get ahead OF tho other. The capital stock OF the
Union Pacific Rulroad Company hundred millions
OF liars, in hundred thousand shares Of thoa
sand dollars each. person 70 hold than two
huudr shares Tho government cess 20 II pub lands
TO the amount OF Gye alternate sections per mile each
side Of the ine aud ON the completion Of each consecu
te forty mhes OF rairo, I'd and telegraph the company
10 % bonds OF the United states 10 the
OF sl6 900 per mc payable In thirty years after date
and bearing ak per cent interest 10 lawful currency
such bonds to constitute nrst mortgage the whole
line and works and TO be finally redeemed by the com
pauy The road to be constructed the westera line
OF Nevada Territory before tho LIST OF July, 1874 For
three hundred mos Of the ,osd. most mountainous and
d'cuit OF coAstructon-that is hundred and lfty
miles westwardiy from tho easters base Of the Rocky
mountains, aad one hundred aud nfty mios cstwardy
trom the baso cs the Nevada 900
per mile Is TO 10 allowed the completion each twen
miles, and between those two points $32 900 is 70 be
allowed all the roads not completed. form
continuous line Of railroad ready for from tho Mis-
souri, rver tho natgabe Of the cramento ri
ver in California, by the fst Of July 1879. the whole
works are to be forfeited 70 the United statos.
Tho graft Of lands Ia which, when tho road
petcd and the country through which it begins TO
al up will prove to be Of enormous value Tho national
contribution in bonds. 70 DO repaid eventually by the
company Is estimated At about sixty millions Of dollars
the entire being down At ono hndrod and aty
millions
The probable results presented In . report made
to tho House Of Representatives 1860 in tho following
terms:- NrfR Q4tEt -1HfF
A railroad once made connecting tho Atlantic and Pa
ciic. through healthy Inhabited portion OF the cont
intercourse OF the world Europe aGd will be
brought in effect much nearer % each other and will
DO much TO Asia. Travelling lines viii not only
be shortened, but they will 10 much moro speedy,
healthy and inviting, by interosing tho variety OF land
sccncry for the dangers and onotony the sea Il Is
not possible for your committee e. make any estimate OF
pecuniary results which will grow out OF such stimuiant
to exterior commerce. but they are confident such limo
Of communication will bc largely augmented BY new ele
menis Of foreign intercommunicatien rt-er
Results within our own country are more easily ap-
proxmated Tho travel across the eontineut will BY
the railroad.
You go from any Of citios to st. Joseph,
Missouri by railroad, for thirty dve dollars. The
maniog, say two thousand miles, 20 San Francisco a,
three ccnts per mile (ncariy double tho rates this
sle,, would be sixty dollars add for meals and extras
dollars total from Eastern cities by railroad to San
Francisco one hundred and five dollars. passage by
any Of foreign routes costs nearly two hundred dol
lars. By railroad you could go in Six eight days Il
would be much cheaper quicker and safer for passengers
travelling from ocean to ocean and they would all take
the railroad route This demonstration Ii irresistible
and If the extremes would choose this
route, intermediate way travel between the cities Of
he Atlantic and tho Pacific wo1d oriitri, adopt this
route There is as all know, creative power in rail
road which will double treble the present California
travel 1hore would then be at east hundred thou
sand passengers passing ono way two hundred thoI
sand trips per These ut sixty dollars each for
Inc section west OF the Missouri limo, amount 70 tho
sum Of .$l2 600 900
All he gold would DO transported by railroad,
and pay three per cent ATTY millions. 100000
The mails al prices heretofore exceeded by land
and ocean. !, 800, 300
transportation OF mon aud munitions OF war,
as II now costs for way and through
transportation. 5000 600