Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1853-06-11
THE METROPOLITAN RAILROAD.

THE METROPOLITAN RAILROAD.
Messrs. GALES & SEAToN-GENTLEMEH: Yesterday
attended at Rockville in order open the books for sub
scrpton the stock of the Metropolitan Railroad Com
pany, and from what could collect in the way of con-
versation with various persons they appeared to think
there would be considerable subscribed before
the time of closing the books but during my stay
the only subscriber for hrtyour shares and regret my
inability to have made it fifty times that amount Whilst
at Rockville my attention was called to paragraph in
the Inteligencer that it apprehended might have an
injurious effect the subscription to the stock Of the
Metropolitan Railroad Company, and doubt but that it
may have such tendency timorous persons who
unacquanted with the subject The suggester of that
article has his interests subseye have doubt
at the sacrifice of large portion Of Frederick
ty but the very mode he proposes may destroy his
prospects, for imagine that if it be possible to have
such amendment the charter Of the Metropolitan
Railroad effected as he desires, it viii be equally
easy to procure amendment that will release the
company from the obligation Of extending the road
beyond Frederick; and with such alteration In the
charter the stock would perhaps be valuable than
any other in this Union. The Of constructing the
road from the District TO Frederick w feel confident,
be less than that OF other road north of the Potomac
OF the length The bridges and intervening raynes
lin the most direct ne) would to impress the idea
that they thus arranged for this especial purpose
and the travel and transportation Of freight the
road when completed be very great. Indeed the
advantages of the road apparent that would be
useless for me to descant upon them that far
affecting the subscription to the Stock it ought to make
it the more desirable
The difficulties in constructing the road from Freder
ick to agerstown doubt much greater than the
lower portion but by such the author Of the
paragraph evidently wishes the public to believe They
will be found trifng, compared to what has been done
elsewhere; and the road, when completed, will feel
confident be productive stock, If the road
the route desired by the paragraphst should be made
which very much doubt unless by Northern capitalists
who think be induced to invest their money in
work that promises small return; and as for the
idea Of the Legislature of Maryland compelling the Me-
tropolitan Railroad Company to make road connecting
Virginia with Pennsylvania leading the travel and arti
ces of transportation through small portion of the
State in Washington county out OF the State OF Mary
land, which road would do, the thing think, is
too preposterous to be thought Of And, the other
hand if such road should be made, it viii obviate the
necessity of the extension from Frederick to Hagerstown
as the citizens of Washington county will be accommo
dated lin roundabout way in getting to Baltimore and
the District cites or if both roads made it cannot
lessen the value of the stock of the Metropolitan Rail-
road Company the distance from Hagerstown to FREE
derrick by their road will not probably exceed onethrd
of that by the Western Harper Ferry route. So that
every point of view that the subject presents itself to
me- the paragraph alluded to ought not to prevent the
subscription of single share to the Metropolitan Rail
road Company
Ny location and pursuits heretofore enable speak
with confidence regards the route from the District to
Frederick and my recollection of the country from there
Hagerstown havng travelled frequently through IT.
induces me to say that feel confident cannot be mis-
taken trust therefore, tnat the public will rely on
what have stated and if the opinion of private indi
vdua is worth any thing the stock of this company is
more desirable than that of almost any other moneyed
institution in the market 1t will be permanent long
this Government remains united In peace or war 1T
will be productive and viii increase in value in proper
ton to the increase Of population therefore hope that
corporate authorities of Washington and Georgetown
fas we tho citizens generality will not permit this
opportunity OF benehting themselves to amount that
might be thought extravagau but which viii be
allied in very short time after the road goes into ope
ration: for if they suffer it TO fail through their tmid
ty another opportunity may never occur again. Their
bonds Corporation become due at distant date
would doubt commsnd the for constructing thu
road which, before they became DUE would be covered
both principle and interest from the earnings Of th
road and with means in hand the whole road being
short job could be completed in eighteen months, or tive
years furthest This is the candid opinion of cit
of MONTGOMERY.
p s. had merely glanced the paragraph allud
ed to in the preceding the post Office in Rockville, but
since writing il my Inteigencer has to hand and
having read the article carefully, do not think il
calculated to do the injury at first apprehended, II
rightly understood, particularly far Montgomery
and the District concerneds and particularly
1 the Washington Railroad made to unite with the
Baltimore and Ohio Railroad the Point Of Rocks.
The vdue Of the stock would be diminished by the pro-
posed change, if it could be accomplished, and no
other interest will be affected by but Frederick city and
county, who able to fight their own battles
i WOODLAND, JUNE I, 1858.