Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1854-01-24
RaiIWay. Matters.


..gsis Railway, Matters. ,,,f
Perhaps many Of our renders may think
an apology is due from us this week. for the
largc amount Of space occupied by Railway
tnauers. We think otherwise. else we Ger.
minly should moi. have crowded ou, other
Important matter 10 make, room for these
articles. AS has been correctly remarked
BY The editor Of the Highland Ne,os. The
present is The crisis, in the history Of the
lIillsborough Railroad. The enemies Of
our road have deal, their las. blow, and un.
less It's friends apply the healing balm i'm,
aiediately,t the wound will undoubtedly prove
faiai. gf r. ~
Only one week remains for action. Al,
,he end of that Ime---on The 31st inst.--ir
the requisite amount Of stock is not sub
sctibed, our Directors have ,hrea,ened ia
. surrender our interests to The Marieua Com.
puny, wi,hous the shadow Of an equivalent.
( Highland county has already raised her pro.
portion a The new stock. So also has Jack.
son. Pike has subscribed literally. Meigs
county, alone, is direlic. in her duty. Should
The enterprise fail, on Meigs county must
rest the greater portion Of the responsibility
And yet no county along The whole line is
more deeply interested in It's success High.
land already has The c. & H.. Railroad
Jackson has the Hooking Valley; Pike has
railroads finished and in contemplation. But.
should Aihis projec. fail, where will Meig 5
county have another opportunity to secure q
railroad
The ci,izens Of this county do not seem.
fully to appreciate The value Of a Railroad,
or they cerarly could not exhibit such in.
difference ON the subject. We do not pro.
pose 10 discuss this subject a. length; bul
merely say That our experience and obser,
sauun have laugh, US The ruth Of figure
which we nigh, otherwise deem exiravagan
that a rail- Dad through any county is
equivalent 10 shower Of golden eagles, il
the increased wealth i, brings 10 those own
Ing properly along the line. Meigs county
has taxable properly amounting 10 nearl!
three millions of dollars. And yet, whe,
she is asked 10 increase that properly in val
10 10 sir millions by LoANlNG one hundre'
thousand in the shape OF sock, which, in
few years would be above par, she hesi,ales
and frames trivial excuses until il is 100 late
We hope we may be disappointed, but W
fear such aresult.
We ask a careful perusa Of the Ruilron
articles published this week-the reply G
President Trimble, the action of the Civ
Council OF Cincinnati. and The articles lror
the Cincinnati Gazette. Highland News an
Ili'lsborougb Gazesle. To these, permit II
10 add few facts, which we goher fror
l.There are TWO parties combined al III
present lime against our road, viz: The Ma
riesta Company, and The stock jobbers, wh
hrlc large amouns of stock in one or bol
companies. Ofihe objoci OF the frslnamr
party in breaking up our road, i, is unneces
sary 70 say word The object Of the laue
class, may no. be so generally understood
Ills with them merely an object Of speculC
ZION. By uniting the two lines, and usin
an undue amount Of fpu6ery, they hope TO
able TO SwindIe The public into the belief ,hi
ihe Consolidated Lire will be the most pro
ilube road ever projected, and thus creuIe
Inania (or their stock, which will be throw
into market and disposed OF at high rate
and they will then be prepared for olht
spccula,ions. And 'his brings us 10 notice
g, That The real palue Of stock in III
Consolidated Line, would not be as greui Q
tiock in the H.lsborough Road, should the
schemes be defeated We learn from goo
authority that il will cost more TO finish Nh
Mnreua road, exclusive Of all .ha, has-boe
expended, than would be required 10 bull
our road from tlillsboruugh 10 ParkersburI
II moi spadeful of dirt had been turned
Although nothing is known Of 'he operation
Of that company by the public, i, isweIl vi
ders,ood by a fow who have inquired ir1
lhs ma,ler that their road cannot be built lc
less than ten millions. Our road, which
much shorIer, more direct, and which Ira'
erses much icher mineral region, can
buils for four and half milions. We lear
that Ex.Gvv. TrniLls is now in BaIimor
soliciling aid,
Sincerely trusting lha, active and efficel
measures will be uken Immediately, boI
here and elsewhere, and .ha, our road ma
baspeedily relieved from all embarrassment
we drop the subject for The present.
Erie Matters.
ef'rbe difficulties al Erie sill continue