New.York and Erie Railroad.
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We took trip to Orange County on Monday
evening, to look in at the Wing Convention at Go
shen next day, leaving our City at P. NJ. and ar
irving at Goshen Csc miles-22 by Steamboat, 44
by Raroad) in a little over 5 hours. The mum
Der of passengers ur must have exceeded 100
nine-tenths of them for Goshen and points ihi:
side of it. From this fact an approximation may
be made to the probable number of passengers
when this great work shall have been completed
If &c miles of it give 200 passengers per day lSl
could not certainly give less than 1000, taking
into account those who come from Lake Erie and
beyond We cannot doubt, considering the mum.
Der now carried on the Massachusetts Western
and other new Railroads that the New-York and
Erie, starting passage train every twelve hours
from n York and another from Lake Erie, would
receive at least $4,000 per day or 50 900 900 per
year from passengers alone, one-half of which
would defray all current expenses and leave
81, 900, 900 per annum for dividends on the stock.
From Freight large bat probably not equal
amount would be realized-say half as much, or
81, 100000 per annum. This would give divi-
deud of over 10 per cent. on the stock, after
liberal allowance for repairs and renewals, taking
the highest estimate Of the cost of the work.


At this moment nearly ohehalf of the entire
work has been constructed yet only one-eighth
part OF it has been brought into operation. That
part of 1t. aboring under every disadvantage, and
at time of general depression, is doing better
than its warrnest friends anticipated There is no
doubt that the whole will do as we'll as this part.
Then why shall it not be constructed Why
should the timber be left rot the grade TO waste
away, and the whole work 10 sink annually to ruin I
Why should we lose Half Million year in in
terest on the portion already done! Why Half 8
Million a year more in the dilapida,ion of this
work Wha, is the reason for this ? Is New
York bankrupt or insane Have we not abun-
dance of Labor anSiously seeking employment at
rates low enough for any man Of conscience =
Have we not s,orehouses OF Grain, Wheat, Goods,
every thing which this Labor requires in payment
for lis exerrien, which can find no market abroad,
or any otherwise than by setting our Public Works
as well as Factories in motioa Then why do we
now stand idle and despondent,


Letting Il dare nor wait upon 1 would -


Surely, If there be judgement, foresight, or even
the narrowest sense of seifintcrest In TIE Cour-
Try, the In,erna improvement policy and parts
viii be sustained, and our Public Works pushed
vigorously TO completion.