President, Engineers and Directors of Lexington and Maysville Turnpike Road. Mayor and Aldermen of Louisville (who did not come). Capt. Neet's Rifle Guards--in Platoons. Military Band of Music. Trustees of the Town of Lexington and Clerk. Justices of Fayette County Court and Clerk. Trustees and Professors of Transylvania University. Reverend Clergy. Surgeons and Physicians. Members of the Bar and Officers of Fayette County Court. Union Philosophical Society of Transylvania University. Medical and Law Students. Tutors and Students of Transylvania University. Principal of Preparatory Department and Pupils. Principal and Pupils of Wentworth Seminary. Principal and Tutors of Shelby Female Academy and Pupils. Principal and Professors of Eclectic Institute and Pupils. STRANGERS. Stockholders of Lexington and Ohio R. R. Co. Capt. Postlethwaite's Light Infantry Company--in Platoons. Lieut.-Col. A. Stevens--Ass't. Marshal. CITIZENS ON FOOT. * * * * * "For many years we have not witnessed so imposing a pageant and never one more interesting. A Federal Salute was fired by Capt. Hunt's Artillery at sunrise and seven guns when the first stone sill was laid, indicating the seven sections of the road under contract. The procession first moved in a circle around the lawn where it was formed at which time the bells in the various churches in town commenced a merry peal which continued until the procession reached the place where the ceremony was performed. The Military Escort then formed a hollow square within which the whole civic procession was enclosed. Thousands of delighted and anxious spectators were on the outside, among whom we were gratified to see a large concourse of ladies for whose accommodation the Marshal had directed the adjacent Market House to be appropriated. A blessing on the stupendous undertaking was then invoked by the officiating clergyman, after which E. I. Winter, Esq., President of the Company, handed a hammer to the Governor of the State, who drove the nail attaching the first iron rail to the beginning stone sill. The music struck up "Hail Columbia" and afterwards "Yankee Doodle," which was played until the Artillery ceased firing. Prof. Caldwell then delivered a highly interesting and appropriate address. The procession then returned to the University lawn after which the Military marched to the Arsenal and were dismissed, having received the thanks of the Directors and President of the Rail Road and the compliments of the Marshal for their excellent marching and exemplary good order on the occasion.