The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-09-22
THE ENGLISH PARTY.
Their Reception in TOIeIO-speeeh nj
Sig MOrtOd PetO.

Slr MOrtOd PetO. oA
The English party arrived in Toledo on
the Michigan Southern and Northern In
diana Bailrcad, on Tuesday afternoon, after
the unprecedentedly short run of seven
hours from Chicago. They were received
at the depot by the various committees ap-
pointed for the occasion. On their arrival
the party embarked on the little steamer
George w. Reynolds, for an excursion into
the Lake. A luncheon, spre i on board,
was heartily enjoyed, and after full justice
had been dono to it, Mr.. NJ r Waite, in
behalf of the citizsns of Toledo, addressed
the English party briefly, extending to
them cordial welcome. Sir Morton Pc
to made a very appropriate speech, the most
interesting portions Of which, as reported
by the Toledo Commercial, we append:
We have had the honor and the hsppi-
ness to be associated with Mr.. MeHenry in
the great project to which you have SO
eIoauently referred-thas of the eonstruc-
tion of the Atlantic and Great Western
Railwsy-snd it was at the suggestion of
Mr.. McHenry that we undertook this long
Journey, in order that he might show us
where our capital WAS spent-how SD.
plied-what were our prospects, and how
we might j1diciously and safely invest
more In prosecution of our enterprise.
When we accepted the invitation of
on his representations but say to
hat ,f
the resources of America-and great IS
were our snticipstions from Mr.. McHen-
ry's statements-the facts are that the re-.
alizstion exceeds the opiLion-thst our
friend did not tel US half the truth either
in regard to the resources of your country
or the profits TO be obtained from q judi
cious investment of capital Loud cheers
What have we found2 In the first place
our railway has been built, sir, as you have
said, during the four years of your terri
BILE struggle in this land, and the receipts
of the line per mile at present are equal
to the receipts of the London and North
Western Railway of England, although the
through traffic on our tine has been in op.
erstion only since last May. (Oheers)
And then there is the additional fact that
our railway hiss not cost half what the
London and North Western has cost per
mile. So far we are content. Mr.. Nc
Henry has taken ms to Mesdville, to Gin
clnnsti, to St. Louis, TO Chicago, and to
this point, where we have the pleasure and
happiness of meeting you to day. Whsl
do we find at each of these places? That
the traffic Of the country at each of these
places is literally starving. 1 mean
that railways st present do not &C.
complish the end intended, or realize
the amount of good that should result from
them. msintpin that when railways art
completed, the most iDjudicious thing in
the world is to stsrve them for the accom-
modstlon OF sidings or rolling stock All
of you will understand me You know
that the first cost of the line itself is the
main expenditure, and that all improve.
ment made sfterward tends largely to
profit, if judiciously applied. [Uhrers
Until you have accomplished the full in
tention and object of railwsys-namely by
carrying all you can upon them, every.
thing you need in the shape of rolling stock
is subtraction from the profits of the road.
Hear, he4r We are prepared to recon-.
mend, on our return to England, such an
expenditure of capital IS we'll as lead to q
full and fair and free development of your
commerce. [Cheers That will be our
interest. We claim nothing in the way ol
thanks for thst-because it will be Our
duty, as representing large amount Of
capital, to see how that capital can be more
largely increased, and new facilities given
for its employment, [Cheers. do not
hesitate to ssy that the Atlantic and
Great Western Railway ought to have q
double track throughout; but 1t is useless
to do this unless tne outlet to New York
be doubled also.
| After all, it is, TO my friend, Mr.. McHen-
~, we owe every thing. The history OF
the Atlantic and Great Western Railway
is his best eulogy. Upon his represents
tions, htty millions OF dollars we're spent
here during your great struggle, and nc
greater proof of confidence could be given
to any man than is imnljnd In thi- EHss, =.
regard of Mr.. McHenry-snd, permit to
add, no greater proof that you have friends
in the old country. Theday is, l t. ust, not
far distant when England and America
may feel thorough union of heart and
sentiment You have your Aag now foat-
ing over country in which there is not a
slave, and England now feels that your
policy is hers, that hers is yours, and SURELY
the two together may defy the world.
Great cheering.
Mr.. MCHENRY CALLED FOR.
Loud and FREQUENT calls we're made for
Mr.. James McHenry. In obedience to the
demand Mr.. McHeury presented himself,
when he was greeted with u round of
hearty cheering. Hasaid-I cannot tres.
pass on your time. Sir Morton Peto has
so thoroughly expressed my views, senti-
ments, aud feelings, that am left nothing
to soy save TO thank you for your warmth
and kindness.
A number of tOasts were then proposed
and responded to. The party then re-
turned to the city an1 dined informally