, 1865-09-02
Prospects OF the Union Pacific HALLWAY

It's probably known 10 many of our read
crs that very important meeting Of the
stockholders Of the Union Pacific Railway (E.
D. now In running order between Knasas
week. The following Is q list Of ths new
directors chosen by The stockholders: John
.. Perry, President; Adolplus Meier, Vice
President; Thomas L. Price, Samuel A..
stineon, Thomas A. Scott, II. J. Jcwett. Ash
bel Green, ". Il. Clement and John P. Deyer-
eu1.
We find In The above list the names Of
several Of the oldest and ablest railroad capi-
talists In the country, aud their association In
this particular enterprise NC regard as very
fortunate event for st. Louis. These gentle
men have 1mquestlouably entered Into this
business connection purely as 4 commercial
transaction, and from the ordinary motives
which govern men OF wealth and experience
in such matters. Il is known to the public,
howsse that thsy. a5e prominent Tea 'Na
leading railroads Of tho North, among
which We may mention the Pennsyl-
vunla Central, TIE New Jersey Central, the
Ohio Central, the Columbus. .E Pittsburgh, the
Little Miami, Columbus & Aenia, the Ohio Il
Mississippi and the Pacific Railroad Of our
own State. Their connection with the Union
Pacific Railway amounts, In our judgment, to
d bond Of union between all these roads, and
VIC need hardly enlarge upon the importance
Of such consolidation Of interests to our
own citizens. Judged In the light Of past
history Of railroad struggles and the extra
ordinary excrtlons on the part OF a rival inter-
the carrying trade Of the immense business
now ccntered In the far West territories, the
combination Of capital aud experience in
volved In the association Of 80 many strong
md influential gentlemen with the Union
Pacifc Railway Of Kansas Is our, best &C.
fas Nrc ha n11o nf
rivals aud neighbors. 1.-THE Lake Shore Rail-
road men eyipce solicitude for prosecuting
the railroads through Iowa, and westward
through Nebraska, the great central roads
which belt The country from New York md
Philadelphia to- Kansas City, must evinee .
like promptitude in pushing Westward tho
iron track into the wi1ds of Kansas. We an-
ticipate, Of course, their action as individuals
In each case, and not IS distinctive corpora
that the capitalists who have millions at stake
in the older roads, will sacrifice their thou
sands In the newer, without struggle to pro-
tect themselves against the articles aud en-
teTpsise OF their rivals. These are the results
We hopefully LOOK for from the election Of the
gentlemen referred TO as Directors Of the
The Immediate practical results are hardly
less important. The :oad hos been placed i,
charge Of Gel. r. II. Shoemaker, formerly of
Inc Dayton snd Michigan road, Of Ohio, and
an experienced superintendent. Under hi,
direction, tho extension Of the road Is Il, ac.
tive progress, and a. section 'of twenty-six
miles, between, Lawrence and Topeka, will
shortly be opened. The grading Is finished,
the ties and rails arc On hand, and the heavy
work at Calhoun's Bluff nearly completed.
Should the weather remain favorable, It is
confidently believed the track will be laid and
ready fuf business as far rs Topeka within
few weeks. Beyond this point a large force
OF laborers Is grading the road bed, and hare
prosecuted this work as far as st. Mary's Mis-
sion. forty miles vest Of Topeka. : We arc
Stranger river, which was washed away BY
high water. Is about to be replaced by q
substantial truss bridge, which should by this
time be on the ground ready to- be framed.
The business Of the finished portion of the
road has 1a1gely exceeded expectation, md
The company hare recently been compelled to
order additional cars and locomotiv yes 10 &c
commodate their increasing trai1lc. When the
Missouri Pacific Ia finished, as It will be prob
ably within the next three or four weeks. the
business Of the Union Pacific will increase
also, and rs feeder OF the main road, 1t is
likely to prove very important source Of
traffic. The demand for land along this road
Is reliable, that section Of Kansas Is filling up
with actual settlers faster than any paft Of
the State. The town Of Lawrence Is inproy-
ing rapidly, aud the depots for ffeighters etl-
gngcd in transporting freight to New Mexico,
Colorado, Montana and Idaho, are adding
largely to the business Of the place. These
depots will be moved westward as fast as the
railroad is extended and facilities for landing
freight are increased. We take pleasure ia
these facts to the public and hope
ere long to chronicle IN equally favorable
prospect for all the railroad projects in which
Dur city Is interested.