The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-10-20
NAVIGATION of The OHIO RIv,r,
MONEY Marks
MONDAY. oct. 1916 RI.

The stock market opened very heavy this morning,
and prices fell off fraction Harlem declined per CT;
Norwich and Worcester 81 Canton Al Morris Canal "a;
Reading Railroad 4; Long Island closed firm at Saur
days prices The sales of every stock in the list with
the exception of Norwich and Worcester, were very
limited, and the market appears to have completely
changed since the middle of last week
The advices from the South have had a tendency to
depress the market and everything depends upon the
character Of further from the seat of war We
cannot expect anything favorable as the Mexicans up
pear to be determined to carry the war with vigor.
Attic great meeting held at Western, central town
in Western Virginia. il resolved lie make application
to the Legislature at the December session. pass
act to charter company to construct railroad from
point the Potomac River above the mouth othe
South branch thereof to point the Ohio River
further South than the mouth Of the Little Kenavhs
River" in the success of which application the
ton Of delegates entertain the most perfect confidence
asking as they do, nothing than right of way,
through which the riches of their country may reach
the Baltimore market If this project meet the approba
ton Of the enlightened members of the Legislature the
selfish and contracted views of the city of Richmond will
be overruled and in spite of their illudged opposition
the mpros which will result from the extension of
the Baltimore and Ohio Railroad will prove to the East
ern section of the State Of Virginia the best guaranty for
the future progress of their immediate enterprses
ments there is State interested than Virgins
five look to its location, find its position the
notwithstanding from the Atlantic the inland seas Of
the West In regard to climate, there 10 none superior
TO that OF Vgina the winter is Short and generally
MIDI the summer heat never excessive nsuring to its
agricultural pursuits, every advantage
continuous railroad from Baltimore to the Ohio river
would create great commercial era II would give
new impulse to the intelligent energies of our Western
World With such communication the commercial
intercourse of the country would never be Interrupted
and In the event of war; domestic disturbance Il
would afford the surest for the common defence
The present terminus THE Baltimore and Ohio Railroad
is at Cumberland hundred and eighty miles leaving
to be finished about hundi ed and thirty the Ohio
1.-THE right Of way be left open to the judgment of the
able engineers Of that company the road be
ed will have T. encounter much less difficulties than
those which have been With such an i'm
provemen the fertile valleys of Virginia would be.
disensumbered of their woods through the labo
rous exertions Of hardy population This is all that Is
required render this State the most attractive of
the Union.
In connection with the of virginis we refer
with satisfaction the financial prospects of the Chesa
peake and Ohio Cana learning with pleasure that there
10 every prospect OF the Of the negotiations
in progress, for loan of $500 900 in England which,
with those already secured in this country will amour.
to The commencement OF the and iron regions The
canal as matter of course, stop at Cumberland;
the North branch ofthe Potomac must DO assembled and
the State Of Virginia ought; from proper respect her
own Interests to aid in the enterprises least far
TO incorporate company, having for its object the for
nation oil slackwser navigation the great mines OF
coal and iron ly ing the banks of the Potomac.
u an association formed for the construction of this
uncomfortable portion OF the navigation could
easily be finished simultaneously with the canal to Cum
oeriand and, in consideration of the efforts OF such
ISOLATION, the canal company could probably credis
hem with portion of the coal tolls places Of de-
saFcaon The Organization Of association for this
purpose, could be effected without difficulty, provided
the canal company and The Legislatures of Virginia and
Mary land will contribute their liberal operation.
In time of high water boats loaded with coal have for
years. from the vicinity of Savage River down the
Potomac to Cumberland, in few hours, showing with
what ease slack,watcr navigation may be formed.
The bottom Of the river s entirely fiat rock, on