The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-03-26

II i cnmmeHly known that the General Gov,
eransui, for wise purposes, has given lis AiG
and encouragement 70 the construction OF one
EAIN THROUGH LINZ OF RAILROAD from the Pa
cifc Ocean ACROSS the Territories - o0nucoi
( with the various Eastern branShes Of the Pa
cihc Railroad system aRd which VIII form thf
! GRAND TRUNK ROUTE 70 the Far West
upon which the mighty trIas-c5ntineutal trzfh'
VII concentrate.
The CENTRAL PACIFIC RAILROAD
COMPANA-Who Gre carrying 10 Harvard VIII
greater energy and persistonce than wRs erel
shown In any similar work in ancient or modern
times,-WiA huild. equip, SWn and control Tia
Western half Of tins ThrORgh Line. the most
productive favored and valuable portion Of the
whole and may justly be regarded - possessing
the richest franchise ever granted on this CONT
Dent.
I The Act Of Congress o0ufers upon the COryso-
rations, besides the night Of way Acr0ss the Ter.
rit0ries Eift Of II So ACRES Of the pubic lands
per mile, con tignous % this line and q APPro-
priEzion from the National credit Of SIxIr NIL
I LIONS in PER CEST. EoSus, delivered a. ths
work progresses; or half the estimated cost q
! the Through Line and BrAncheA These sub
4 sidy bonds the company may cancel IN eSurs'
Of years By the Transportation services ii th'
Roads, and 4 small per oentAge OF their net earn
/ inEs they. therefore, constitute Al element o.
4 great strength 70 the corporations
The Act further authorizes them 70 issue an
eouAl amount Of their own First Mortgage
/ Bonds Of corresponding denominations, ukieA
EhaH b. III fFSi clam upon he tUL0lS rGlfrnac prep
sTtg and % Iriieh tho heA q uAs Government ShGA
b. sIib0rdiI.ntf a. q means Of more readily secur
ing the remaining half 0f the capital for the con
/ struction: the equipDsnis &C, being provided
out Of the capital stock subscriptions Ane othe'
sources
The great CENTRAL PAcIFIC EAT.ReAp il tberr
fore, IN an important sense sENn-NATloHA'
4 woKK, aided and commended by the people, th'
] Legislative power and the Executive officers
I though It's management IL administered trt0 az
The care and fOretJOH0hi o. a. most eBfiHeEi pIrGt
corporations. Being under the constant super
riIiGn Of the GOveTRmeui-Whn,b being The pm
! c!pal creditor, accepts 3 subordinate and c0ntn
GENT Hen-with 80 large an amount Of addition
Al capital also invested in the property pledged
/ IL - believed that no securities nov prefed N
I the market possess the sane claims 20 conf
dence and market value, except those OF The
Government
! Under these fAverin auspices very graf tying
ulrerresg has been made In extending the railroad
I track from both directions. Nearly 100 miles
] Of the Main Line and cOBverElng BrEDcbcs be
/ tween the Missouri River ind the bass oi tb'
/ Rscky Mountains have ben bHilt within thrs'
years The CENTRAL PAClE1c RAILROAD IA
/ also steadily and successfully earned The Mai
stem Line from the steamboat navigation al In
I Pacific 20 the summit Of the Stern Nevada, an
! into the Great Salt Lake BASIN east Of the Call
fUrniA line Having overcome by far the mos
difhcult and expensive portion OF the Who'll
line the probabilities OF the thrangh ootaDecfiOl
with the Eastern lines being effected in ls7
amount almost 70 certainty.
The prominent feature IN the progress q ID
! CENTRAL PACIFIC RAILROAD h the remarkably
large and profitable Local Business which il de
vel1ped upon the completed portion, DOrt thai
I iustifyinE the estimates Of its PROFESSIONALISM
] the Immense trAf5o between the ports uf Cab
fOrnis and the mining regions Of the int't o
/ would sustain FIRST -Claks railrOad line, even i
the overland connections were not built Th'
net profit upon operating the link Of less THAI
one hundred miles thus tar reaches peAfly two
millions IL gold. and this rNtio VIII be douelot
during the coming season, y hen the entsrt
mouutRiE transit Is made By the locomotive
With every extension Of the track. the busiDesi
and pr1fifs Of the completed pNTt arr iBcruased
! 80 that when the overland through traffic ShAl
be Centerod upon the CEHJRAL EoAp, the gen
I eTal prosperity Of the company VIII be without
parallel, and it, securities appreciates ooTres
poudingly. The CENTRAL PAcU1C RAlLReA Al
l CuMPANY offer for sale theirFIkST MOkTG AGl
! THIRTY YEAR SIX PER CENT. COLI
BONDS, and submit 70 Investors ~
/ following among other ObyiO1s oORsidsTa
tons and invite the comparison with the merit
and eIoellencies Of any elaSs Of Corporate -
Curities:
I and vElGsble part a the Grand National fAeib'
I Railroad soon 20 become the EiEin cbAnBei o
| comm unicatIOR OF the Continent
II. The local settleInGBt and business tberc
from il remarkably large and profitable. an
must constantly ibcrrass.
III The h4rdss; par7 q the road is uo'
built. and the remainder Will be rapidly carrie
forW ard ever the Salt Lake Plains
". The greatest part Of the meas Dsoesssr,
20 l,uild the road il provided by the Z. 3. Gov
eminent upon s subordinate len
'. TIE State and chief cities 81 CalifOrEi
have contributed upward Of S1i0Bolh1 q -
enterprise without len.
VI The giant q land a d-stiEsd a; an earl
day q prove Of far greater market value tia
the total Of The FIRST inOrtEag, bOnds Issue
upon the rad and equipments.
VII. Tlis road lies altogether HnsORE The Eoi
and silverProduning regions, and - rsycAue
are received IN coin
/ VIII The management u this company b.
bern in the highest degree prudent A1d ffuzA
and the whole surplns after payment q expens
and Interest is devoted 70 Construction p1-Jr
seA
! TX. The interest liabilities - he o0DpaB
. arp even row 49, than . third the bet earn Dg
upOo the road pledged