The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1867-11-19
ne uEssn pA1N Raslruaf-A1 Ia 20
the Eafky MuznfasSa

Ne aerass tbs es3nrg fnsa - HaessiFr = ms
Fselh oo&i. bvi As ueeepas prpaaA sss ses
aase4 n ~ ffr q kassncs ewes ~ nsprawfsaNss
ss aus ~ te9sy mass lsan oa@shiss q fAs
sss serA - bees tuisAeA Tks ueoa fse o.
Rsslrasd canTany. mrhsee ~ isss. tseAs y
sua IL ibss. had saiY hlrY rsi te vsa IN isst
sa4 10 uetAsf. ltsT, hsFt easnSlsfss sTt hsaaf~i
mas = Hat ~h<h has sesa pressuaced ~ ths
Gessruusu Counnssssrsn H~-s-clsss 10 cshswse.
ihr sus s,a.Yassus. Thss conpsny . oosssfUe
tlar lhs ssssrn sd q ibs Ice. bssisleE a. onsha
Nshrsks whaa the Ceafr4l Pseiae casngaar .
tui2lss ne vessas ed, esrsniag At ssorAnssio.
GaiirniK
Ihs peeslsr ssa IN rrrsa5v " features u ~ fsei
as RNir.a ss IT. is lapodanes a. = nsuonl
snesfpfss "a. Tie espsrti p~flrieges granted % i
BY ths esrsrnnseat, spd a. lks ufusuAl care Ia
ken ~ 0toveruEBsni enaesmsnta iuf he satisfy u
lsvtttmeut Ia ~ ~sseUrtiss.
Ths nsboual sngnr;sue. a = ri rad ss the Pa
ei6e can hardly bs o~vssestimAis8 The Gctsu.
Eneni u spend * uiliens q dollars annually n
transporting mca tus mesfal 70 is ifoutisr posisi
pitn q raiross IN operation this sIFepce wEl a. re-
saees 81 leas, fhree-fourha. The g5d and silver
mines ofihs western States and Territories yield
anuuAlly about one hundred million dollars, with
us isertaoed fAoiltlesf or emigration. and Tor trsns-
psring TIE REQUESTS machinery for the thorough
development Of the mining region which = Silroad
vii afort. ihi. production ' ~ be At less doablsd.
The public lands Ia Hebrksks, AMI 10 TIE 1euiio-
fies ~esi 81 that stste, have teen comparatively
worthless, because they wefs inAceessitls. and.
consequently. reproductive; the Union fSeihc
Railroad opens All the grea, valley Of the River
Platte aud vast regions beyood to the occupancy q
thrifty smigranis, and hes already established such
a succession Of thriving towns as will bring all land
ID TIE vicinity Of the nilrosd into actiYe demand.
IL case u foreign war OF domestic revolution, The
existence Of = railway line by which troops could
be conveyed from the Atlantic 70 the Pacific, or
or rice rnsa, IA = week, would be Of incalcuisble
value while under any circumstance IL internal
trouble, pscessi,aiing q repetition IN kind Of tn.
Tie Utah expedition. the saving 10 the Government
BY means Of this road wonId be enough TO con
simct the sntire line. Gea. sherman hss said that
The Goycrnfus EFT couid afford to buile the whole
road rather than bs without IT," and there are
abundant reasons for pronouneing this opinion =
sound one.
So great are the msuifest %nationsl advantages 10
be derived from = Pacific Railroad, thar the swo
powerful companies authorized 10 build il received
very extraordinary grants rom cotr.ss. DOna-
tons Of land were made TO the companies TO the
amount Of IL 500 acres per pile and then United
States bonns. to the average amount Of about $780,
ooe per mile, we're advanced to the Companies.
which have the privilege u paying a large part, u
no, al. Of this indebtedness to the Government, by
by the transportation Of mails and war ard other
national material. No other ipdusrisl enterprise
ever received 80 liberal aid from the Government
IA THE.
Having made such speeial grants Is indicated Is
entire confidence in the full success OF the under
taking, the Government took unupuAl care that
those who Joined with il in assisting the Union
Pacific Railroad Company should be amply secur-
ed ag4ins, any probability Of lcss or failure. The
Compsny was authorized to issus It's own bonds 70
an amour. equal 70 the advance Of The Government.
and these bones constitute the hrSt mortgage upon
the road, the ctain on the government being but .
second lien. The Government appoints i've Direct
on, who shall look carefully aner the Danageneo:
Of the road and also three commissioners, Whoes
duty II is to thoroughly inspect each section Of
twenty miles, before the bonds can BE- Issued upea
that section. Thus the bonds represent. ne, = pro-
jectsd enterprise, which my be completed, but .
finished and equipped railroad, earning very large
~ 10 excess Of is expenses, and with 3 future
which cannot fail Of being smiusntly probable
The future business Of the only railroad connect
ing the Atlantic aud Pacific stAies must be soras-
1 - - - ...notuea fha n.aatcttcn
that 10 single track will long accommodate ihs
endless succession Of trains that viii crowd its en-
tire line. Western Europe is waiting for Il, a. tbs
shortest route to Eastern Asia; and how many snt-
ious hearts In the cIdIhome states are longing for \,
TO Join hands with friends aud relatives, without
the cost and rink Of a long, drsary and dangerous
voyage IN a crowded steamer along two oceans
But II the bushes, Of the completed hne isto be
something marvellous, The local business on the SEC
tions slready finished Is rot less satisfactory. The
earning. on three hundred and twenty Eve mills
for . single quarter this season are officially report
ed at one million dollars, ard a. The rad coca far
tier towards the great mining regions, this sam
must be increased.
Every reader Of this sheet is interested In the
rapid prosecution Of this work. Every new sgri>
cultural or manufacturing community established
by the opening Of the road viii add to the national
wealth ard aid in paying the public debt. Every
acre Of land hitherto unimproved, vhich shall now
be cultivated increases the store Of food for our
own population or for export. Every additional
ton o. gold or silver that 10 mined puts money In
the public purse. The road win Be the great agent
10 the development Of the american continent, and
it, completion ii 1870 viii benefit an entire popn-
latiou. with such a future before it a. the finished
line 10 certain to have, and with 30 many gusran-
tees for the protection Of the interests Of those who
invest 10 Il, We cannot but thinh tVat IL bonds ecu-
slltuts ore u the best Investments now befcS the
American p Npls. Their sreeiAl advantages are SGT
forth elsewhere, and the character Of the hnsEeial
officers q the Company Is sufficient guarantees that
those advantages are no, exaggerated ia the slight
g., degree.