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Ralston is the agent. From various sources, I conclude the Project embraces Wilsons Road the Oroville Road and the Oregon Road with a project of building from Lincoln to Sacramento. There is an attempt at arrangement of the Steam Ship interests, it was supposed to have been accomplished but yesterday afternoon there was found some obstacle but to day the matter is again being considered. Whether this has any thing to do with the R.R. matters or not I cannot say though Dr Ro thinks it has but he says he has but conjecture it seems that Ralston does not disclose to any the name of his principal, Ralston says he thinks the arrangement will

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