Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1858-02-04
Tae NAE1Erra Z Cnc1ssAn R1nRoAD-


Powell, who has been sent over by the English
holders Of the II L C-'s Mortgage Bonds, to
look after their interest. This gentleman has
written 4 letter from Philadelphia, addressed to
the Shareholders Of the Pa Central Company.
/ 1t is so addressed for the following reason:
Your Company is the largest shareholder,
haging 1900 shares, 0t $50 each, IN the under
taking. Under your COmpanys auspices, and
with its sanction and official introduction, the
securities Of the II & c. C. were commended to
/ the English market, and large number of your
fellow roprietOrs were thereby induced to invest
+. in them
! 1t must be consolation to Noah Wilson to
know that these Englishmen do not lay their
''selY' to the account Of his financial genius,
as some other people have done.
| Mr. Powell, then, in as modest and light
way as the preliminary to the purpose of his
letter would permit, tells the Central folks what
they already well know, viz that they made an
unprecedented blunder IN their suicidal sub
scriptiOn To rival corporation. Mr. Powell
says:
| Thus far, you have paid your subscription,
/ but your purpose Is not attained The line has
been opened in an imperfect fashion, from Gin
cinnati TO the Ohio, near Marietta So far
as it is able to conduct traffic to and from the
1 LAST At All, u uOeS lG " GuG " anu
| your subscription has helped to convey traffic
to another railway, (which has not taken the
least interest in the II & c. line) instead Of
/ your own
Bot Mr. Powell administered sedative. if
not an antfdote, in the following bit Of consola-
ton:
4 gap of nine miles exists between Marietta
and the B. & o. system at Parkersburg. Near
ly eighty miles ION which little grading is done)
have yet to be made, to connect Marietta with
Bellai-e, opposite Wheeling; thence line al
ready exists TO Steubeuville, which your comPa-
ny viii very soon reach by the P. & s line, and
the permanent bridge crossing the Ohio at that
point.
Mr.. Powell certainly deserves credit in the
matter Of discovering Cby powerful micros-
I cope doubtless) a permanent bridge" or even
temporary one across the Ohio atSteubenviIIe.
The sanguineOus tendency to e1aggerate) no
doubt predominates in Mr. P's temperament,
which feature we may remark, in = genuine
John Bull, is rather rarity.
/ We may, while we are on tue subject, be al
flowed to cite Mr. PoweIl's attention to the fact
that projected bridge at SteubenyilIe is now
in what We may call sub JUDGE condition, at
Richmond.
Those who read the circular from the II. & C.
R. R., received by our Council, and published
by US, viii not be at all taken aback by this
'.nore of the same sort expose
The Company IS in extreme difficulties; inter
teTest suspended on all its bonds; some parts Of
the line very unfinished; the operators of the
road and traffic in arTear of wages. and no pros
pect at al, without further outlay, Of Interest
! being earned for even the first mortgage bonds,
and the property is depreciating in value, for
want of some vigorous action to make itself
I sustaining and remunerative.
Mr.. P. then offers among others, the reason
why the Penua. Central should extend her con-
inection to Marietta
/ A great mass of your through freight, land
/ that the most profitable part of it) is dependent
| on good state of Ohio navigation; q dry sea-
son stops the boats two hundred miles lower
down. Tho B. L o. Company originally struck
the river one hundred miles below PittsbuTg,
I and yet they found it desirable, strike bet
tier point 100 miles lower still, to take up a
branch line 104 miles long, through difficult
and unsettled country, to PaTkersburg, costing
linear $5.OOO,0OO. Now, il there IS wisdom in
this policy, and II $5,000,0O0 is worth thus
spending on its accomplishment, much more
would 1t be vision IN you, to whom the river
traffic is not OfleSs importance TO spend 81 500,
600 (Which would be sufficiently to get
down through. an easy country, which is neither
unsettled nor unprOductive, to AIarietta-a
place good as Parkersburg for commanding
q
it commands also the trade Of the lower half of
the Muskingum Valley, district in itself no
mean tributary to nearly five hundred miles of
railroad between it and Philadelphia.
The following item of grim consolation (espe-
cially to stockholders hereaboutS) concludes Mr..
Powelrs long drawn tale. He SAYS:
Though your subscription to the s'.rk of the
IL & e. Co, as to any chance of obtaining div
idends, may be regarded as IN leopard. or even
As lost, regret for that need not paraly so pow
eFful company as yours; the cot. c is still
open, perhaps more open than ever i,efore. 10
secure the fruit of that subscription, and ifthat
also be lost, it will probably be only by your
own hesitation or apathy.
PErncOArs AND CoLLAKs.-The Boston Trav-
eler says: The new style of pettieoat of scar
let flannel, with narrow stripes of red and black,
has reached this city. a few days since many
of the promenaders on Washington street OBJ
served lady passing gaily along, holding her