, 1864-02-15
IMPORTANT Il. Il. R.AnRANGEMENT.

IMPORTANT II. II. ARRANGEMENT
Our readers will remember dispatc1
from our st. Paul correspondent few days
since, stating that the Northwestern Railway
had secured the control Of the Minnesota Pa
cific Railway, between Winona and st. Paul.
It Ewas also added that the section be
tween st. Paul and Hastings was to be com
plctcd during the coming Summer, and that
the entire line to St. Paul was to be finished
at tho earliest day possible. This arrange
ment is understood to be backed up by any
needed amount Of English capital, and that
VIC sha1l have all rail to St. Paul, with
bridges at Wlnoua md Hastings
ut very early day, there can be no
possible doubt The line is unerstood
10 be one OF the most favorable in the West,
In its entire course to st, Paul it will vary
only nm unapprcclablc amount from direct
line.
The carly completion Of this road is con.
nected with another and more
important movement English capitalists
interested In the Canada Grand Trunk
Railway, have taken hold Of the Pacific Rail
way running Northwest from St. Paul, and
VIC learn TINT c. ]. Bridges, Esq, the Manag-
ing Director of the Grand Trunk, has
returned from England with, all the
funds pledged TO build that line be-
tween St Paul and Pcmbina
rs fast as it shall be found advisable mud prof.
table to do It. Thirty miles above St. Paul
are finished and in operation, and from fifty
to hundred more will be added during the
coming summer. All the trade of the vast
possessions Of the new Hudson's Bay Com
pany on the rivers and streams that fill into
Lake Winncpeg and Hudson's Bay, will pass
to and through our city over this line
But this is not oil The Grand Trunk man
ayers are pertccting arrangements, If Indeed
they arc not already perfected, to build t.ie
line between Pcmbfna and the Pacific. This
10 one Of the only two routes across the con-
1inent that will sustain a large and highly
prosperous population throughout its entire
course. The valley Of the Saskatchewan is
very large and productive, and on both sides
of the Rocky Mountains, on the head waters
Of this great river and those Of the Columbia.
there are vast deposits Of gold, which are a1-
ready attracting a large mining population
It is believed by many that this line will be
completed across the continent long before
our own great Poetic Railway. Our far-see-
ing fcllow-citizen, Hon. Wm- B. Ogden, it is
understood, declined to become prominently
connected with thc line west from Omaha, In
order to identify himself with this great work.
Backed up as it Is by any amount Of English
capital, and passing = long way through the
United States and the British Possessions, it
will practically become the road Of both coun-
tries.
For us to speculate upon the effects which
the early opening Of 8 direct railway to st.
Paul, to tho magnificent valley Of the sas-
katchawan and the gold fields at the hcad Of
1t, md 60 onward to the Pacific, upon the
growth and the prosperity Of Chicago would
be entirely useless. Those who hare watched
the ctty's progress since 1850 need not be
told that this single road, when once com
nlcted, will stimulate our growth and cur
commerce more than all the roads that have
been opened during the past. history of the
city. May We live to see this prediction, as
VIC believe it will be, more than verified