The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-11-01

the conclusion inevitable.
-------------------
Kagmtncent Raiiroaa Operations and
Prospects.
Tho grand project, Of which so much has
been said lately, for making continuous and
central line Of broad gauge railroad from New
York to and through the great Western States
is likely to be soon put into execution. 1t is
proposed to connect this city with the Atlantic
and Great Western road on the east, and to
extend the connection on the west to st. Louis.
In fact, the views and purposes of the pro-
jectors reach far beyond the Mississippi or Mis-
souri, river. They regard this continuous CEN
trail line to ST. Louis as only the eastern section
of the great Pacific Railroad, and contemplate
extending their operations
Mr.. McHenry, an enterprising American,
native born citizen from Pennsylvania, is the
originator Of this important movement. Those
who know what this gentleman has accom-
pished already with the Great Western Rail-
road, which is, probably, the finest railroad in
the country, will feel satisfied that this is no
stockjobbing or kitefying scheme. He has had
the sagacity and influence to bring into it men
having large capital and great experience in
such matters Sir Morton Peto is the railroad
king of the world. II is said a hundred thou
sand persons are employed in the works he
controls. The capital that he and those with
him possess and represent is ample for the
greatest undertaking. They come here to in
vest money in a legitimate business way, to
build and improve railroads with it, and to pay
themselves through the earnings of such roads,
and not to make Safeguarding operations on
Wall street.
Such being the case, we might have supposed
the press and those who ought to feel inter-
highly gratifed to see these. gentlemen come
here with the view Of using their money and
skill in this great work. Instead of that, we
see in certain set disposition to ridicule
"British capital" and "British capitalists" It
is not 80 with the mass of the people, however;
they have shown everywhere that they appre-
ciate the purpose OF these railroad capitalists.
All sensible men will say God speed to them
in the enterprise they have undertaken, for it
will develop immensely the resources Of the
country aud add greatly TO our wealth.
In truth, none but the most silly peO-
pie, those who imagine they have rival
interests, or corrupt spectators who can
not control or touch the money of these
capitalists, would venture to speak disparag
ingly of them or their object Capital has no
nationality. If all the wealth Of our bitterest
enemies were poured into the country to make
improvements we ought to be glad. Why,
then, sneer at this enterprise of friendly Eng
lishmen. led by one Of our own most worthy
native born citizensf Such gross stupidity
can only be accounted for by supposing that
those who sneer are influenced by corrupt or
malicious motives.
The organ OF the New York Central Railroad
| in This city made an insidious and puerile
attack on these British capitalists yesterday.
| Though constructed to play any tune called for
| by its patrons. or by the hand that happens to
hold it tor the time being, ii makes very lugu-
brious music. In the article referred to there is
| ridiculous parade OF classical SMILES and
| tumble OF nonsense having nothing to do with
| the subject. The writer makes ludicrous
attempt TO be witty and humorous upon plain
| matter OF fact subject Having no argument
| or any reason for endeavoring 10 ridicue
"British capitalists he felt a necessity
| to say something 10 the interest OF his
masters, and wrote about Jupiter, Danae, the
Shah Of Persia, Brigham Young, Colorado
| Jewett. the Queen OF the Sandwich Islands,
| Count Joannes, and other subjects equally as
applicable. Such an absurd affectation and
parade Of classical learning and pretence Of
wit cannot cover up the aaimus aud motive of
the writer.
| What, then, IL the secret Of this insidious
hostility 10 British railroad capitalists We
think IL can be explained. Their project Is to
build q magnificent broad gauge railroad to
connect with the Atlantic and Great Western
that will shorten the distance from New York
TO the West one hundred and forty miles, The
stock gamblers OF the Erie, New York Central
and Harlem roads are alarmed, and their organ
cries ont in agony The Erie Railroad men
tried TO corner these capitalists and to use
them for stock gambling purposes, but they
failed. Sir Morton Peto and his associates are
abou, closing, and probably have closed, an
arrangement with the Morris and Essex Rail-
road by which they will construct their line
through New Jersey and Pennsylvania TO con-
meet with the Atlantic and Great Western.
This road, as was observed, will shorten the
distance TO the West one hundred and forty
miles, and will pass through the richest agricul-
tural aud mineral regions of the whole
country. Il will be Free too, from many
Of those dangerous mountain curves and
passes ON other roads Any one can
perceive what an advantage such railroad
will have over others that are longer, badly
managed, worn out, more dangerous, and
swamped with sperabundance Of stock. II