Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1867-08-30

o.
Is destined 20 be one 90 the MOST IMPORTANT AyD
VALUABLE RAILROADS ~ THE WORLD, as Itis the
sole link Of communication between the Pacific
Coast and the Great Interior Basin, and tho
Principal Portion Of the Nam stem Line
Between the Two Oceans.
The present western terminus Is ct Sacramento,
on the navigahle waters q the clhc but 10 viii
rl.hes and most populous parts Of California,
Nevada and Utah, CONTIGUOUS % all tie great
Mining Regions Of the Far West. The G mpauy
are authorized 20 continue their Line eastward
til 1t shall meet and connect with the roads now
building east q the Rocky Mountains ranges.
Assuming that they will build and control half
the entire distance between San Francisco and the
Missouri River, as now seems probable, the United
States will have invested In the completion of SOS
miles > 5000, or al the average rate o; 5000
per mile not including IN absolute Grant q lu,
Uol,0OO, acres Of the PUBLIC Lands. By becoming
joint investor in the magnificent enterprise, AMI
bY waving its first lien ~ favor o. the First
Mortgage BondhOliers, THE GsNLRAL GOVERN
HKSr, IN EFFEcT, INVITE ruE co OPERATION OF
PRIVATE CAPITALISTS, and has cArcfglly qua rdeI
their interests against al ordinary coudhseI-
cies.
The Central Paciac Railroad enjoys sll the
privileges, grants and subsidies confer. al ty the
Acts q Congress upon The other par,s oi he
SPECIAL, EXCLUSIVE ADVANTAGES lpFl.cl-
bic only to the Western Half
l. The Company has reee. wei from the state and
ersfii, and ual4a5ie property. uo-f4 orr- $685.
go gold. in addition 60 The I'll. 1c1ed, % the
Government subsidy.
H. The hardest and eosfiss; part sf ~ rossfle,ioa
las bssH stersssfuAE orercorIf p ifl he first
80 miles. IL iew weeks the tack VIII be
Completed entirely across the sitrra Nevada.
sftSr which progress % salt LAKE viii be easy
and rapid.
III. The local business alone O. this roaf estab-
fishes it. complete financial success. indcueu-
IDENTIFY Of the vast through traffic which mus.
pass over u Tne gross etrniugs Tor the u. 49, tbs
Of June and July, upon the 90 r-iios then en-
for business, were upur4rd or f1gs.H00 ~ gofl.
Of which J0gT-affts were me- earnings
". II can have 10 compett Ion, but viii carry,
beside its own lucrative local traffic the lh0Is
uolurle Of through 5ufiusss which is shared
among its Eastern connections and their
branches.
V. The road lies wholly in Territory yielding the
precious mentals IHG Ifs rercuuss are c0ifc "a
IN coin. Its rates for trans port alton are very
advantageous, being mere than three times
those Of roads y iug e Of il and the ratio
Of oPrafIHg eTpeHsef Is less ttsH IS per- csHf. Of
the ssrHIHgs
VI. In consequence Of the aid il receives from the
General Government, from the state Of Cali
fOrnis, and from municipal corporations the
annual interest obligations. which the Com
pany are called upon 10 assume are verJ light
The net earnings uDon an average 0f about -
miles, in 1896, were nearly three times the
GzOunf Of aHnH1i iHtsrstt ha5ilIfiss 70 BE- AZ
suHled n building n, ana tecre SL5.Ooo more
AGz ths GnHuGi interest on fse Cnfirs amount Of
FITsf Mortgage Bonds trllct the Company ca.
issue upon rae 80 miles