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NEw-foRK AsD ERIE RAMRoAD--We are
pleased 10 learn that the prospects OF this important
work are improving. We are informed that the pre-
sent Board OF Directors will in few days submit to
the public plan for Immediately resu,nng its con
atruc,on. Those to whom It's general features have
been submitted, pronounce it perfectly feu.ble, and
have no hesitation in saying that the public will de-
eide so also. We trus, such may be the case. We
believe it will be- for the men composing the present
Board are well known as experienced, enterprising
psrsevering and practical men, who will - leave no
stone unturned" to accomplish whzteyer they may
undertake.


The completion Ct this work, Of equal, if not of
more importance, TO this City than was tie con-
s,ruction of the Erie Canal, has already been too
long delayed. The construction Of one division Of
only about fifty miles has already saved to the con-
sumers Of Milk, Butter, and fresh meats in this City,
more Than the fifty miles cost. Il but shsr, por-
ton of the Road can accomplish so much, what may
be expected from il when it shall be extended to the
Lakes