The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1867-07-09
The Union Pacific Railroad.


376 Miles Open for Traiel-to Juiedvrg.
The telegraph has announced the com
pleiion of this road to Julesburr, SIC
miles from Omaha, and the mater ais are
nearly all on the ground to lay The track
to the has Of the Rocky Mountains-14l
miles furthcr-hy September next This
is certainly very rapid work, but inteli-
gent correspondents say it is well done,
and that the road is well equipped; that
its depots and stations are of brick and
stone, and its locomotives and cars of the
best. The l.. 5 Commissioners are also
compelled to testify that it is in all re-
spects a first class road before the Gov
eminent will accept it. The business of
this road is already surprising. The
thousands of teams that once spent a
summer in toiling over the prairics have
transferred their loads to the rail track,
and by autumn the locomotive will be at
the base Of the Rocky Mounta rs. The
Editor of UaJpcr's IIceiH remarks that
"whcn the Union Pacific is completed. all
other lines of railway will become. to a
certain cXient, its feeders. Along its
entire route over the great Plains lateral
branches will be constructed, which will
pour into it their wayside contributions
to an extent that can not to day be ap-
proximately estimated.
"Already, with less than ore third of
its length complete, it is earning several
lmes Its operating expenses, as officially
stated. Such success is without prece
dent When it reaches the already pop
ulous gold regions Of Montana, Idaho.
and Nevada, the freight 90 and lrom those
points alone ia likely TO he almost fabu-
lous. And population follows The road as
1t extends town or village marks
each stage Of its progress Who can
calculate the quantity Of way freight
/ that the road is destined to carry for these
rising communities ! WHO, indeed, can
estimate the passenger traffic alone
When hundreds of thousan Is, with their
faces toward the West, have tramped
over the Plains at the risk of their scalps.
how many peradvcnture will ride, when
they can make the journey with safety in
n few days Bnt short time will elapse
before the demands of trade will call for
a second track, TO he used exclusively as
"A freight road, over which an endless
linz of 'iowiy-moving vans shall continl-
ous'y pass, leaving the other track for the
use of impatient passengers only.
Our readers will perceive by reference tc
the Compnny's advert ts'm'n'. that it Offer.
lis First Mortgage Bond-. .--paying six pei
cent. interest IN gold to subscribers. Il,
ninety cent. on the dollar These bonds ar,
IA t1Tt lien upon the ,oid, and are li.nite,
in amount TO $1,000 10 Che mile.
The Company -tatc their Mt earning- rot
the month OF May, while only 29O mile
ot road were in operation. at 22jl. 1S2-
Il sum which, after dedncin1 operating rx
pensc1. Is several times the irte"n-l on tn,
bon Is they are ly law permnt3 10 i>su,
upon II. ii the earnings are so / r.
upon the Wdy business, what may W,
not reasonably expect when the con
nerIion is mlde in 1870 with the Pacific
Coast We can see no reason why IN
First Mortgage Bonds of such Il rorI ar
not Il safe security, AMI they are Il Pc
cent cheaper than Government bon Is a
the market rate. Subscriptions are al
ready large, AMI are received by bank
anl bankers generally throughout til
country.