Litchfield enquirer., 1867-12-26
6 2 6 M LIE S
 OF1HE Union Pacific Railroad. Running West from Omaha ACROSS THE CONTINENT.
ARE NOW COMPLETED.

] This bring :he line to the eastern base 0 ] the Rocky Mountains, and it Is expected tha l the track will bs laid thirty miles further te Evans Pass, the higheat point on the road. b, January. This maxim um grade from the foot ! Of the mountains to the summit is but eighty ! feet to the mile. while that of many easter T roads is over one hundred Work in the rock cuttings on the western slop. will continue l through the winter. and there is now no req son to doubt that the entire grand line to the Pacific will be-open for bnsiness in 1870. The means provided for the construction of this Great National work are ample The United States grants it's Six Per Cent Bonds at the rate of from $l6 ,000 to $48, ,OOO per mile for which it takes second lien as security and receives payment to large if not to the full extent of it's claim in services These Bones are issued at each twenty mile section is finished ard after it has been examined by United States Commissioners and pr.nonnced to be in all respects frst-class road, thor oughly supplied with; depots, repair shops, stations and all nt cessary rolling stock and other equipments.
 The Unit.d States also makes donation of t2,oO0 acres of land to the mile which will be source of large revenue to the company. Much of this land in the Platte Valley is among the most lfertile in the world, and other large portions are covered with heavy plne forests and abound in coal of the best quality.
 The company is also authorized to issue its own First Mortgage Bonds to any amount equal 10 the issue of the Government and no Ill ore Hon. t. D. Morgan and Hon. Oakes Ames are Trustees for the ROndbOlders. and deliver the Bonds to the Company only as the work pro- gresses, SO that they always re present an actu- al and productive value.
 The author zed capital of the company is one hundred million dollars, of which over five millions have been paid in ou the work al- ready don=.
 EARNINGS OF THE COMPANY.
 At present, the profits of the company are derived only from its local traffic, but this is already much more than sufficient to pay the interest on all the Bonds tho Company can is- sue, if not another mile were built. It is not doubted that when the road is completed the through traffic of the only line connecting the Atlantic and Pacific states will be large beyond precedent. and as there will be no conpetitio it can always ke done at profitable rates
 It will be noticed that the Union Pacific Railroad. is in fact Government Work. built un der the supervision of Govern.u+nt officers and to large extent with Cove mn .,.i ,n ,ney and that its Bonds are issued :. : s,n ment direction. It is beiev'. .5.-s security is so carefully guard. ." no other is based upon lag
 able property. As the Com
 First MOrtgage
 are offered foi the present
 dollar, they are the cheap>' market being more than >r than U. 8. Stocks. fin
 SIX PER CE'>I -.a5 or over nine Der cen ,#
 Subscriptions will be i, .- ~ H. R. Colt, Cashier, Fira :, <, . -.. ..4 4, 5sid and in New York St thu l-. n: t;.i.at Ho. 70 Nassau st., and b. Coatt.. ya. .oai .jaE No. '. Nassau st., Clarke Dosg. < G., ia lker- Mo- 51 Wall St., John J. Cisco son. 3al.h hors No. 3s Wall st., and by the Conpanys advertised agents throughout the United States, of whom maps and descriptive pamphlets may be obtaaed on applica- tion. Remttances should be made in drafts or other funds par in New York; and the bonds will be sent free of charge by return express: Parties subscribing through local agents, will look to them for their safe delivery.
 A new pamphlet and map, showing the progress of the work, Resources for construction, and value of bonds, may be obtained at the company's office or it's advertised agents, or will be sent free on ap- plication.
 Nov. 2S, 1887. sam