Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1873-07-22

extraordinary ability He is a wiry
enduring, toughIy-contructed man,
whose physical organization is not
however, as strong as his brain requires.
1t is a wonder that he has existed un-
der the mental strain borne in the vast
amount of work he has undertaken
and accomplished. But he is q man
who would die in the breach his sword
had cut rather than endure the hui
initiation of a. defeat. And this with
the shrewd and deliberate methods OF
his planning, has carried him to where
he is
THE CHIEF OPERATOR OF WALL STREET,
and railroad man that may be ranked
with Vanderbilt, Scott, and Garrett
By securing the New Jersey Southern
railroad he has worked connection
with Philadelphia .Utd Sandy Hook.
Long Branch, Manchester, thence by
the Camden and Burlington railroad
to Camden. From New York they
have the Metropolis, an immense
steamer that carries twenty cars of
freight to Sandy Hook, and others of
the same capacity are building. They
have strong boats at Philadelphia that
land from Camden to Chestnut street.
From Manchester the Toms River
railrod connects for Toms river and
Barnegat, and the Tuokerton road also
connects at Writings for Barnegat
From Atsion, where the New jersey
Southern makes it's deviation for
Philadelphia, the road goes southerly
and westerly to Vineland and Bridge
ton, and thence to Bay Side, on the
Delaware bay. From this point they
will have to build powerful
STEAMERS TO CROSS THE BAY.
and thence across De 8 ware and Mary
land by the Maryland and Delaware
road, its connection. and a small strip
the company will build, the New Jer-
sey Southern road will reach the Ches-
apeake bay and Baltimore. The road is
one of inestimable value to the city,
taking into consideration the necessity
for competition that it will cause be-
tween Gould, Scott, and Garrett. At
Baltimore Mr. Gould will take the
Baltimore and Ohio connections south
and west, and compete with the Erie.
New York Central, and Pennsylvania
Central roads for the western trade
with Scott for the southern trade, and
with Scott and Garrett for the BaitI-
more and Philadelphia trade. This
makes three competing rail lines TO
Philadelphia, with the early pobabil-
ity of fourth ("Garrett's), and two to
Baltimore, with early prospects for two
more (Garrett's and Gould's).
ARE RAILROADS TO sUPEEsEDE COAST
STEAMERS?
It it demonstrated by experience
that q railroad running out OF New
York to another large city is sure TO
pay handsomely if well managed
Hence there is no probability of our
getting more railroads to southern
cities than we can support. The ques-
ton whether the railroads will divert
the trade Of the coast steamers is diff
ficult one. AS to passenger travel, the
man who has time to make it. and
wants to take the sea trip, will go that
way always. As to freight, valuable
goods will generally 90 by rail, because
they do not insure by rail, and the in
surance by steamer averages as much
as the freight by rail. The insurance
OF a package valued at $500 and weigh
ing Ice pounds is about So from New
York to New Orleans. The freight
by rail for the same package to and
from the same points is 81. Less val
liable freight costs less insurance, but
costs, less, too, for railroad frei ght, and
railroad people think they will make
enough on dry goods and light pack
ages to compete with the steamers in
heavy freigEts. But the steamship
folks seem to be doing we'll yet, and
say their business increases steadily
and rapidly.