Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1853-09-27
RAILROAD CONSOLIDATION.
nAnlrrrl Anp n1l1sponouon. LIhEa.

4
1t has seemed to us very evident, that manyof
the railroad lines recently under AIKEN, might very
proftably be united with others @hichplrsue neat-
ly the same course. In many instances, local
rivalry has instigated the commencement OF long
lines, when short branches would have answered.
the same purpose. This error 9eElns TO ne seem
aud, as money grows scarce, viii be seen much
clearer. Two consultations have taken place,
which may, serve as salulary examples 10 other
parties. The two Lake Shore lines through San-
duskY and through Norwalk have been consolidut-
ed, and as they are also good local routes, the
union will, beyond doubt, be profiLable The other
instance IS that of the Cincinnati and Marietta
and the Cincinnati anil IhAsb0rough lines. The
consolidation is made by The directors, but we cnn-
not doubt its confirmation NY ihe stock holders,
when they know that the elect oil tie consolida-
ton is to raise the value OF their stock.
The terms of the consolidation, we understand
10 be these: Fs
LIST. The two companies to be consolidated dollar
for dollar for stock) on equal terms, under the
title of the Cincinnati and MARIETTA Railroad
Company. The two boards of directors to resign
on the confirmation of the agreement, and q new
board to be chosen.
I'd. The consolidated company to finish the Hills
borough road to Jackson, the roads to be united
at Hamden, inthe county oil Nlnton, about elght
miles from jackson.
Sd. From Hamden east TO be one line, uniting with
the Baltimore road at Marietta, or wherever the
best point can be found, and the Ohio bridged.
4th. From Manchester to Cinclnnatl' the best
route to be taken, for which preliminary surveys
are now making. II is unceItains whether the
best route will be by Milford or LoYelands.
| The result of this arrangement Will be, mat
| from Hamdento Marietta, by far the most e&peh-
sye part of the whole route, there vii! be but one
trunk; and from Manchester 10 Cincinnati, also
very EXPENSIVE, there will be but one trunk. Be-
tween Manchester and Hamden, the middle section,
there will be but lines. The Eastern line VIII
be about 70 miles, the Western 80 miles, ana the
Middle az miles. There will be los miles oil single
line, and "a miles Of double.
The construction of the double line or middle
section will be no pecuniary disadvantage, out
rather the reverse; for both the routes, by Chilli
cothe aud HlllSbOrOugh, pass through q very pro-
ductve and populOuS territory, which Will make a
large locaItraffic In addition to which, the coal
business will employ both lines in winter TO gtea
profit. The middle Sectionl is also cheaper; so lnal
the consolidated company will be decluedly beuel
oil for having "a double line, on its mlddle secuon
There are about &c miles OF new road to be made
on the HillSberough extension, viii IN VIII pro1aD
cost million and a half 0E dollars ms VIII
the Cincinnati depot, stocks, &C., VIII require
about two millions of additional means. Ihert
will be another million aud hall oil The HIS
borough stock, so that the entire cost anu conSoll
dated capital will come 10 about nine millions
The consolidated company, however, has I'VE ma
lions of actual capital, and too mILfons anu has
of bonds sold, that a million anu n nail onll
will be required carry out all the objects oil tint
consolidation. For this no company Ill Ono ollef
so much solid stock, and there can, of course, b,
no difficulty in obtaining the additional amount re
qured. ls-s.
When finished, the Cincinnati and Marietta
Company will have $40 miles of well constrncte'
durable road, most Of it laid with the COMPOUND
rail, on solid bed, capable of being run will
great rapidity. The read will run through sevel
counties of Ohio, alike productive IN gram, coal
and iron, containing 10000 inhabitants. 1t
obvious, that with these resources-if the grea
cities of Philadelphia, Baltimore, and Cincinnati
(Which it connectS) were left out of View-thl
road would do very profitable business. WIT
We congratulate the stockholders of both road
upon this happy termination of rivalry alike use
less and unprofitabIe. The directors deserve cedi
for having yielded their local views to the publ
good. 1t should Tow be the object of oil partie
10 lnisk and put in operation both lines, as speed
ly us possible. -RaiLroad Record.