The New York herald., 1869-01-12

the road as far as built and seem we'll nut up hut
are rather 700 slender Two wires are strstchsi on on
and thence TO the west end Of the track single
wire Is stretched. Telegraph stations are occupied
The foregoing report we beneve, completes the
specific duties required OF Ia regard 10 the Union
Pacific hallway, Eastern Division.
we are, very respectfully, your 0bedient servants,
Y. n. MARkEN, Brevet MAJ. Gen.. u. .. A.,
,.ndI =. .BL,CKENsDERPER SsI y; r., Ciyil Engineer,
II VIII be observed that the reports oil tho two
boards OF commissioners agree In every respect.
The board that examined the lo5 miles in lie.
cember, 1865, seems TO have found condition OF
Affairs very much AZ might have been expected by
any one who had real the report Of the other board
IN 1855 and knew much OF the companys operations.
Both boards show concllsivey Il w the people 8
subsidy has been used According to the last report
r Ss rn an M q over $1,000 per mile
preliminary to receipt OF subsidy. We are, how
ever Informed that II the road goes no further ana
tract with the government wnich requires them to
connect with the main ilne It VIII not take quite the
sns sum 70 brng y intD condition 70 meet
The government aid was granted on condition that
Tney nave got the subsidy without . compliance
with the Imperative requirements Of the law, and
now have M sno 1ngaraliced M Gle impuaence 70 ask Con-
Inasmuch az there are bills before Congress De.
manning subsidies amounting, 10 the aggregate, to
peop6's account stands In shis experiment, since
we have the o11ciai data 20 conveniently at hand,
THIS ipcai company proposed % build brancn OF
point where the main road cfussos the 100 meridian
about ses miles In aid Of the enterprise Congress
granted the company large tracts Of land worth, u
and loaned Il bonds 70 the Amount ol Sie.0oo pef
mile ioi the same distance; taking asecond mostgge
on the pad as security FOR the payment Of bonds
the land being free gm.
bonds. prlncipsi and and interest, Rs,irosSS 81 conn., %
panles 10 Sometimes, u h said fall TO pay their
bonds. IN such case the national government
o. in ci.h ths ar.t mor'sags bonds q siadO per
rkcIotonon its hands a. the following price,
Bonds sfvanced, from tune 70 titne, while
the sktfton was In course Of construction.
Land Subsidy do. do, estimated value per
cash pasnsnt o III: rss mci;:.. bond: q. 1900
sSkinGpossesson Of sssisson. Dsr mlie.... lsooo
Tota, oss 70 government per mile. 80. !. $4,000
question here becomes pertinent DO the drst
nscd In iis construction OF the skslston, % fcti
tOus liol on the road, held by the managers them.
selves Hbs enforced when II rsverls 70 tne govern
rsfuss pss the government bonds one % when due. I r..
Tain I'll " lands or me proceeds Of the saoa and.
turning elr skeoseu road over 70 the United tsteS
receive N9ooo per NILE more from the taxpayerJ
sccurybn the government by these local cor.
pcrstiot On The subsadlss demanded Dc regarded a.
one W6r, "A 20 me amount Of mos,o,es e.teo :,
me Isobnls now before Congress-. The iist, asked
by Rlyelevcn OF tho corporations and pupishsd
N ne HERALD . year ago, foots up q total Of
e2ee, 110o0 This list embraced eleven OF tns nost
Since tss tine many new applications have been
nled Aid none, to my KNOWLEDGE nave bee a with.
drsvn Thc aggregate demanded 10 over tSbO,oo9,oso