| From the New Orleans True Delta |
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| January 1, 1861 |
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| Louisiana Intelligence |
| Baton Rouge, Grosse Tete & Opelousas Railroad |
| The president of this road, Col. A. V.
Donald, supplies some interesting information regarding its progress,
from which we extract the following: |
| The entire receipts of the road for the
past year to December 1, amount to $36,000, an increase over that of
last year. The assets of the company amount to $263,787.03, to which may
be added the rolling stock, valued at $35,000. The entire indebtedness
of the company reaches the sum of $102,850.97, showing a balance in
favor of the company over all its liabilities of $160,936.06, or, with
the value of the rolling stock added, $195,561.09. This showing, we
think, will favorably vie with the annual showing of our other state
roads. The cost of the Livonia section will not exceed $85,00 per mile
-- one of the best and most satisfactory evidences of the great
cheapness of slave labor in railroad building. |
| In order to complete the road
to Livonia, a distance of twelve miles from the Bayou Grosse Tete, subscriptions
were received amounting to $80,000, which, with the assets of the old
stock, and the receipts of the old road, work was immediately
commenced with thirty-five newly purchased negroes, on the 3d day of
January last. Everything is now progressing finely and by the middle of January the
section will be completed. |
| The company, immediately upon
the completion of the Livonia section, will commence upon the third
and last section, to the Atchafalaya river. The distance from Livonia
to that point is about thirteen miles, and it is calculated will be
completed by the 1st of January, 1862. The clearing and grading will
occupy the hands of the company about seven months, while the
remainder of the work can be done easily in the remaining five. All
the necessary materials, money, and labor are on hand for the purpose. |
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