Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1868-04-24

The UNION PACIFIC RAILRoAD-FIvs HUS-
uErD AND Fifty NILEs CoHPLETED.-We learn
that the Union Pacific Railroad is being pushed
forward this year more rapidly than ever i
much larger force VIII be employed upon It dur
ing 1865 than ever before. Rock cuttings have
been continued In the Laramie Mountains during
the entire winter, and there has been much less
snow there than in the latitude Of New York city.
Not less than s. 900 additional lab0rers will be in
the field this season, besides 1000 mechanics,
bridge builders, iron workers. &c There viii
also be 1000 teams, with the necessary horses
and mules for the plows and scrapers. and not
less than 500 wagons snd carts. Much Of the
lumber for bridges ties. SC, is already cut, and
saw-mills and shops are busy in turning out the
mechanical appliances for the great work. Iron
sufficient to lay 200 miles of additional tr.ck
has already been delivered on the ground, and
there is every prospect thSt not less than 500
miles more road viii be finished during the pres
ent year.
We have Just learned by telegraph that $50
miles west from Omahs are nov completed, and
that the locomotive, followed by Is long train
of cars, is actually running over the highest
point Of the Rocky Mountains thst will be trsv-
ersed by the line. This achievement is some
thing 60 bc proud Of, and gives good promise
l that eight On nine hundred miles Of the eastern
I era OF luc Llhe Will ne IN running urler QurlIg
/ this year. The western end, beginning At Sscra-
meuto, CaIiioruis, is being pushed forward With
/ similar yigor, and We learn that 400 miles Of it
/ is expected to be finished this season. The dis
/ tancc from Omahs 10 Sacramento Is l72l miles,
and it is now believed that st least 1900 miles Of
/ the whole line viii be finished bef're 1863. Thi
will leave only between 500 and 500 miles to be
completed hereafter, ard it would not be sur
/ prisrg if the grand celebration Of the compile
ton Of the Pacific Railroad would take place q
twelve month earlier than the Companies now
promise Genius, Pluck, and Money viii then
have accomplished one Of the greatest and most
useful in the world. 1t WAS indispensable to the
political as well as physical welfAr. Of the coun-
try. 1t viii bind the great extremes Of the "a
ton together, stop Onr Indian wars, develop our
mineral resources, and add greatly to the wealth
and prosperity of the nation.
It can harily be doubted that this-the only
railroad between the Atlantic and Pacific States
will be a very profitable as well as very val
liable work. The great tide Of travel between
the two oceans must flow over it, and the merely
local business which springs up along the line
as it is opened, and with the adjacent mines, no
only pays the interest on all the bonded debt o
the Company, but handsome profit besides
The net earnings Of the Union Pacific on So
= miles of road from May to January last, ar
OiuCfsuY reporter at over uiiiilOn uoilaFsi Au'
70 Congress already threatens 10 interfere to reduc
r,..,s and compel the Company to stop making >
. much profit. As the Government advance
about one-third Of the cost Of the road, and ap
10 points FIVE Of the directors, it will have an &C
/, tive voice in the matter whenever it is necessar
to exercise it.
> The Company's First Mortgage Bonds, bear
d ing six per cent gold interest, have read
r sale, and limited amount are now offered a
par We can see no reason why they are not
: perfectly safe as well a very profitable secur
q | ty. Subscriptions are received by yariOu
Banks and Bankers advertised az agents, VIII
have n valuable pamphlet for grstuitous distr
button to parties interested, which will furnis
N full information