Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1843-11-03
Baltimore and Ohio Rail-
road.

The Baltimore pOpes contain the
Seventeerh Annual Report Of the Presi-
dent and Directors 10 the Stockholders
Of the Baltimore and Ohio Railroad
The following glance at the contents Of
the Report is extracted from an article
Of the America
"The exposition Of the finsncia af.
fairs Of the Company and OF the opera
tions Of the road for tho past year will
be found to be clear and explicit. The
falling off in The receipts OF the Wash-
ington branch, on account o! decrease
in the passenger travel, is attributed lo
the cheaper competition OF the hay line
OF boals between Baltimore and Norfolk.
The action of the Legislature will he
necessary to .eOabislhe Company 10
meet this competition BY such reduc-
lion Of charges as may draw back The
tide Of travel to the lnlaOd route. Not.
outstanding the decrease 10 the pas
~nger travel here referred TO. d,vi-
dend OF $3.50 per share has been de-
clSred for the Stock holders OF the Wash
inglon road.
"The operations on the main stem Of
the road far the past year afford a s-
tlsIactory assurance Of the present value
Of that great work, and give the most
promising indication Of lis future impor
lance 10 the lrado OF Baltimore. In
the first year Of its extension, says the
report, after little more than ten
months operation from Cumberland,
subj oc! 10 the rivalries OF the works Of
the other States at reduced rates Of
transportation, and without aid from
the Washington road. 1t has earned .
nett revenue OF four per cent upon the
capital employed; and, had it been ex
tended, would have uoeded no greater
amount Of trade, AT prices which might
have heen charged without inconve.
nience, 10 have earned al least 7 per
cent
Tho great object now to be attained
is this extension to the Ohio river
That was tho great object from the
first, The work cannot be regarded as
finished until that end is achieved, and
TO the accomplishment Of it all energies
should now be devoted. The obstacles
which have prevented ths Board from
taking any efficient measures for tho
future prosecution Of tho work during
the past year may bs removed. il il
hoped, without much longer delay
From the we'll known energy and DIS
crellon Of the Board and ito sbIs Presi-
dent every thing may be expected
which circumstances shall render posi-
BILE; and in this conviction the commit
nifty will await with anxious interest in =
deed, but without impotence, tho re-
sumption OF the great enterprise SO
pregnant with results to the growing
prosperity Of our city It's final com.
plelion must be regarded as beyond a
doubt Certainty, positive and absolute
must be associated with the idea Of it,
and there should be no feeling Of sA,is
fed repOso so long as any thing remains
TO be done to coEsummste the full and
entire conjunction OF our road with the
Ohio.
"Ths arrangement with the ChesN
peak and Ohio Canal Company 10 trans
port coal from Cumberland TO dam No,
6, to be carried thence BY the Canal Il
the District Of Columbia, will afford I
far opportunity Of introducing the Ale
ghSny coal into this market The ex
tension of the road into the coal region
which will be but a continuation toward,
l's destined point, csnno, but give great
er facilities Tor the transportation OF rha
article; and, il it shall be found that IN,
demand for tho coal equals The expecla.
tions which have been entertained upol
ils superior qualities, tho trade will n
doubt become an important one"
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