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railroads in the Confederate States into four districts, on the assumption that it would be impossible for such a vast number of interests to work together advantageously. The railroads in Virginia constitute one division; those East of the Savannah river, and South of Weldon another; those South of Knoxville, East of Tombigbee, and West of the Savannah river another; and those West of Chattanooga and the Tombigbee, East of the Mississippi river, and South of Kentucky, another. A Central Savannah river another; and those West of Chattanooga and the Tombigbee, East of the Mississippi river, and South of Kentucky, another. A Central Rolling Hill is to be located in each division, with such machine shops and foundries as may be necessary; the capital requisite to put these works in operation to be subscribed and paid by the roads belonging to the respective divisions. The affairs of the rolling mills are to be managed by a Board of Directors in each division, consisting of the Presidents of the roads, and they are to locate the mills to the best advantage of the roads concerned — to fix the price of material and transportat