Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1866-10-29

00E0vUOV0 1891 - 49,
Oettee NE 0oElk0 JylsssSe.
tU6eoe - OSoe 1e0r.
Progress - eDse Ca1laernla Fad
- the 1Ane.
OnAnA. NEBgAs~ /. nrt. ~
Aaglo-Saxon skill, and persc' siance, and
grit have recently spanrcd IN ocea" wNn ~
electric wire, and down where sne Terma,os
plGe - If1nsnines esats ~ e~iis msss.xss
k6oGuo - oahdoepeA u no ocu
lSstn the spiendof 81 that grand achieve
mens to cay that il 10 equalsd, u not ec''p 60.
bv the great Psci6c seslsoad enterprise tnat
seeks q develop the mighty resources o. the
wssssro territories, and bring shs gold pear.
ing csnons end gulches Of the Pacinc coast
sIthGvUsy tseseof the boy pscp'e o. sne
XtIantic ssaboard. A Pacific railroad has
long bs~n the drssm Of some Of our Pro>
crossing Usa3 bas capital 49, wary o. me
project at 6rss, seeing in It only . magn'n-
sect, iataaebls buhhs.-s Dsspha ssasas
that could only sesult in overwhelming IN a.
nancial ruin those who should embark - "
Bat he American Prsss and public ae'sated
the subject 9th such vieos,-our Western
States and Terri cries grew With such as-
founding rap,aisy,-that the money kings
unlocked Their vsulss. organised themselves,
aad the Pacific railrosd was begun.
onaAs,x Arsox or rms PACIFIC RAILROAD con-
80 - .~s pANY.
.,Tbs. present company. operating vest
from Omaha, was organized, On the 29th Of
October, 1868 with capital stock Of 500,
OOO, 900, divided into shares OF 800 each,
~eder . ~ ef-co0eseaa Of June, 1862, by
clectinR Hon. John A. Dix. president The
aAssv L. Durant, vice president; Henry v
Poor. secretary John ). Ki-co, treasurer
besides thirty stock holders and three gov
eminent directors. The original act OF IN
cospssatioa wos found detective, Aid con
! efsss emendcd il ID 1854. By that act tn
1unbss Of stoeklSolding directors was de
creased from thirty 10 fifteen. aud the gov
crnment directors increased from three
I've.
; COMMENCEMENT or THE WORK.
u The company opened its subscripto
books Immediately after organization, b,
= capitalists did ~ seem inclined 70 tax
: hold OF The snasspsise. Up 10 August, lsG:
+ not over e2O, 600 had been subscvibed
y Z. Dusant thea took the matter in hant
b and, BY energ tic labor. succeeded in swe
!. ling the subscriptions to over 81 10000
y tve uenths. I've millions Of stock bein
= the amount fixed by Law for the company
n begin work on, operations commenced
b. the laeass art Of 1854, the ground bein
n broken Dec. !. 1864. But little Was don
however, 5se few monsls, end it Was n
till in August, 1865, that the frat iron ~
M lard Il Omaha Since then the work hi
hs been pushed forward rapidly, and there q
" nov some 265 mica Of the road finished.
:. I'm lo0rs MERIDIAN REACHED
ID The Tooth meridian Of Longitude We
a. from Greenwich has been reached, and It
this suspicious event We are celebrating
n one Of the most magnificent excursio
to ever heard III In the United States. u
he more Of the excursion hereafter.
IN rms Iron AND ROLLING STOCK.
n. By ths oct Of Congress incorporating I
NJ Uhien Pacific Railroad Company, il 10 ma
incumbent upon them to use Amesic
NJ iron exclusively in the construction VI u
CO road. The stockholders are oil Amer icai
cd 20 the enterprise 70 purely nm American q
IA in al It's features. The government los
:. ito bonds to the company to the extent
tl6.OOO per mile where the road runs
al i.vsl ssvand, and e4s,O 900 per mile VII
n. the Rocky mountains are reached. ]
r. bonds fall due in thirty years. and bea'
q. per cent. interest. Mos, oi the iron So
"e used come from Johnatown. Danville Z
,ad Scranton, Pa; some OF It from Boston Z
70 Troy The locomotives and cars used y
70 purchased at Lancaster, Pa; Patterson,
al j., and Schenectady. N. Y. During
past summer. however, the company ere
'e' I'd works At Omaha, aud have been maj
the featuring freight cars there for . mo
fur. past. The ties used have nearly NIL c,
A.. from this Upper Missouri river. Some
nov being procured f.0m islands In
u.s. Platte river.
"~' ..~..y awunsans IN one year, either
Denver City, or at point some forty M
- south Of there
rHg PACIFIC END Or ras ROAD.
inc From tn. Pacific coast The rad h ca
~. ing this way with commensurate speed,
,rv the wild gorgcs Of the 5 era Nevada alves
n. echo with the l0com0 ives shrill whistle
me The end Of the road is organized onde
30. State Law Of California, receiving the q
m cid from the government that this end do
cir Il starts from Sacramento City. the cap
.. Of California, CRUISES he Sacramento vail
I'd and has already progressed considera
q distance up the Sierra Nevada mountai
he and Ia expected to cross over into Virgil
70 City, Nevada, in about two years. Eastws
NO from that city the construction of the RI
by will be = comparatively easy task, and
nd about four years We NAV ex, ect the lines
N meet. forming the greatest railway comm
in nicaton on the globe.
he SPLENDID FUTURE.
ne With this railread penetrating and op,
ne. ing to the world the fertile valleys Of q
- westesn possessions, and affordinea spec
20 transit between the Atlantic aud faci
~ oceans, what splendid future may be q
r. tic'pated for our mighty young republic
3. On the lst Of January, 1867, the pi nses
NJ = monthly line Of steamers between S
o. Fl dcisco and China will leave San Franc
y. Ne CO. touchisg ~ the Sandwich Islands.
ue vast portion Of the commerce Of the ori,
s. will thus Gov thrsagA The Golden Cate :
Ut the Pacific Railroad, while the New "
he and Hong Kong will be within 40 or
no daye 81 each esAes. Csvresps~dsnep o. G.
~ cago Times.
3D.