Whkeijno, W. Va., Dec. 28.- The Wheeling Intelligencer gives details oí the plan of the recently incorporated Colombia Railway & Navigation Company just incorporated on the authority of the promoters of the enterprise. The company's capital is to be 8100,000,000, and Captain H. C. Parsons, of Virginia, is at the head of it. Briefly the aims of the company are: To construct a line of railroad f rom some point nearthe mouth of the Magdalena river, which empties into the Caribbean Sea in the United States of Colombia, southward along the eastern flank of the Andes and the head-waters of the Amazonto points in Peru, there to connect with the Peruvian and Argentine system of railroads at present in operation or under construction. From the mouth of the magdalena river steamships will be run to the southern point of Florida and to New Orleans. It is expected that the road will open np and bring close to the markets of the United States the richest mineral and agricultural lands and forests of South America, and by it a traveler will be able to make the distance from Lima, the capital of Peru, to New York in nine days, and the distance from Valparaíso, in Chili, to England in seventeen days. Washington, Dec. 28.- Not only Mr. Blaine, but the President himself, believesthai the most important outcome of the present International American conference will be the establishment of Communications between tha American republics of railroad Unes, as well as by sea, and both gentlemen favor the use of the credit and the authority of the United States Government to aid their American sisters in building a continuance of the line of track from the City of Mexico - which we now reach by rail- to Buenos Ayres.