NP, AI 11/4/1863

From the Atlanta Intelligencer
 
November 4, 1863
 
Report of the State Road   {Western & Atlantic RR}
   The report of the business done by this road during the fiscal year ending 30th September last, exhibits an immense profit to the road, and reflects greatly on its management. Notwithstanding the many obstacles that were in the way, the road was kept in running order, and the rolling stock repaired sufficiently to meet the demands made on it. From the report of the book keeper, it appears that the earnings of the road were as follows:
From passengers, and transportation of troops and baggage $1,269,151.81
From freight 878,151.75
From mails 20,125.00
From miscellaneous 19,440.52
The whole making a total of $3,186,869.08
Of this large amount the Confederate Government paid in to the Treasury the sum of $1,291,899.25, or more than one half of the entire gross earnings of the road. A portion of this amount was due the year previous, so that the road did not in fact make the large profit from this year's business that has been reported.
   The expenses for working and maintaining the road have been $688,171.33, leaving a nett profit of nearly one and a half millions of dollars. What the business of the road will be the coming year is at present merely a matter of conjecture, as the income derived from the transportation of passengers and freight has greatly decreased in consequence of the advance of the enemy, and their occupation of Chattanooga. While our army remains at Chickamauga, the road will be fully employed transporting troops and provisions, but should they advance into Tennessee, the business will naturally decrease until the bridges are rebuilt and the road repaired.
   Under the superintendence of G. D. Phillips, the affairs of the road have been well and ably managed, and shows that its control has been in good hands. To E. B. Walker, Master of Transportation, the Confederate army is indebted for the prompt manner in which troops have been transported, and to his untiring zeal and activity the vast quantity of provisions used by the army, is daily forwarded.
   There are many necessary improvements needed for the road, but which in from ability to obtain, will have to be done away with, or made in an inferior style to which it should be. These drawbacks are owing to the continuation of the war, which prevents necessaries from being imported.
   Although, the report of the State Road is highly satisfactory, and exhibits the fact of competent men having the control of it. It has put in the State Treasury this year the large sum of $1,650,030, besides leaving in the hands of the Treasurer for the road, $158,245.62.
   There are many suggestions made by the Superintendent of the road, which, if carried out, will doubtless prove highly beneficial, and we make no doubt but that they will be favorably received.

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