The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-03-09

u
will save much more, both in money
and time, while perishsble articles,
which formerly sufefed greatly
through the rough carriage by teams
over the mountain-roads, will now be
delivered to them uninjured. Illus:
tratlve OF whatpeople who are without
railroad communication have to pay
for freights, may mention the fac,
that last season Sc, ,000, 600 worth of goods
were purchased and sent uir the Mis-
sourl River to Montana; the freightage
upon these was s., ,0O0, 600, or one-thfrd
their entire valne. Wells, Fargo Il Co.,
charge seventy-five cents per pound in
gold for stage freight from San Fran
cisco to Salt Lake, seven hundred and
ten miles, and fifty cents TO Austin,
three hundred and twenty miles.
Teams charge about one-half these
rates from Sacramento. In the year
1s64-a dull one, by the way-the, Pres
ldentof the Gould and Curry Mining
company estimated that had there been
a railroad running to Virginia City,
the company would have saved in thai
year nearly $4,000 in gold and on
ireights. The cost oftransportingg goods
10 the mines of Nevada might with
truth be called terrible. At least SIO,-
UUV,OOO per year is thus run away with;
ana IN view of these facts the wonder is
that the companies, on even such an
unparalleled rich lode as the Comstock,
can struggle under such bur.
dens, pay Sl3 per cord for fire wood,
$3.50 per day in gold to laborers,
aud yet pay monthly dividends of from
to per cent in gold. The cost of
working the paying mines of Nevada
iwul be reduced fully one-halt when
TIE road Is built, ana thousands that
cannot be developed now, because OF
the enormous expense, can and will be
when the road is built. All that have
said on this subject about Virginia CITY
applies with double force to A ustin and
It's mines, which are l66 miles further
dlstant from Sacramento. Had the
mine owners of Virginia City and Aus
TN been actuated by business foresight
they would have subscribed all the re-
quisite funds for the building of the
railroad; but they were not. The stock
holder of to-day does not know that he
VIII be such Tomorrow $50 many buy
only to gam pie in the stocks), and he is
opposed to having his dividend reduce
eu tor even month, no matter how
much the company might be a future
gamer by assisting such an enterprise
as this railroad. Their narrow short
sightedness in these things is forcibly
illustrated in the way they have slight
ed another project-that of the "Sutro
IunneP'- all of them fully be-
heved would reduce the cost of mining
one-half ut least, yet which they have
all SO far neglected to unite upon and
put ithroughs causing the enterprise to
be offered in other markets., when it
should be kept at home and ,lhe profits
pocketed by us. ,- - - ~ p. ~ si'-t
In addition to the PROFITS that viii
dow to the Central Pacific Railroad
Company from the running of their
road, The immense landed grants of
Congress will have placed in, their pos
session millions of acres of as fine ag-
81 ~ N-EaN. q
found within the limits of the U. s.,
from which they will draw vast reye-
nues. -..t,ll-..' - =. '...5l l-'i ~
Nevada is almostdestitute OF timber,
and, even for fire-wood, SI3 per cord has
to be paid by the mining companies,
and. for the more valua BILE used for tim.
bering the mines and other purposes,
rom $40 to $50 per cord is charged in
Virginia City. The. amount required
for timberinga u mine may be guessed
when / state that it has been repeated
ly asserted, and never contradicted.
that to timber the Gould and Curry
mine took more lumber than NaA used
houses that accommodates 5000 inhab-
ltants. All the timber required by the
State of Nevada can be supplied by the
railroad company for at least fifty
years, and the income they will derive
from this source alone will pay fair
percentage on the cost OF The entire road
thronghthe Sierras. ~. .li.
/ have here briefly touched on this
road, which, to us of this coast, is of
more Importance. than any other sub
ject that can be. discussed, and what
facts Ihave given will doubtless inter
est many of your readers, for a large
part of the stock in it is held by New
Workers, we being, as usual, too poor to
Keep IL all at home. L have not gone
deeply into the subject of facts and fig
ures, for they would be tiresome and
unnecessary - prominent facts only
have been Touched upon. But il those
ofyour citizens who own interests in
the Central Pacific Railroad do not re-
ceive larger profits from it than are de-
rived from the stock OF any other road,
not even excepting the Panama Rail-
road, then facts and figures LCiH lie, de-
spite the proverb to the contrary, and
have lost their use for making calcula-
tfons. "e- S'E l7