Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1866-07-20

We published some weeks since the call
of the President of the Valley Railroad to
the People of the Valley to increase their sub
scription to the Valley Railroad stock, in or
der to secure its completion at the earliest
possible moment. This notice to the people
of the Valley is still published in our col
umns, and we invite the particular attention
Of our readers to it, To be sure the large
amount Of one million dollars is necessary to
be subscribed, but the terms are such that
none can cayil at them. T.ro per cent. to
be paid when called for, thirteen per cent. to
be paid in the next three years and the re-
mainder, eighty fire per cent. in the next ten
years. What man in this community could
not take one share and pay for it on these
terms I? Not one.
With the terms made thus easy, this call
seems almost to have fallen still born on our
people. To be sure one or two counties
moved in this matter but there it seems to
have stopped. Do the people Of the Valley
really want the Valley Railroad constructed?
Their delay and hesitation in subscribing
promptly the amount needed would argue that
they did not. Itsurely can not be believed that
capitalists are bent on building this road and
that we can lie by mere idle spectators Of the
construction of work, the direct benefit
from which will accrue to ourselves. 1t this
delusion is nurtured let it be dissipatcd now
and forever. IF we want this road built we
must take an interest in it and put our shoul-
ders to the wheel. The rich lands of our
Valley call for, and the interest Of production
demands it's constructions and yet we seem
to remain immoyablc in this matter, so i'm
portant to us, and to be trusting simply to
luck. If the million dollars needed was to
be subscribed and paid in at once, we could
understand the delay and procrastination,
but, when only teo per cent. will be called
for at once, thirteen per cent. in the next
three years and the remainder in the next
ten years, we are at loss to know why the
stock has not been taken ere this.
The advantages to the Valley section are
incalculable at present, but we know that the
increased value of all that we possess in this
section will be many times more than the
amount of stock necessary to be taken, in Or
der to construct this road Think of this
farmers and business men of the Valley
Que thousand dollars of stock will only re-
quire $40 to be paid when called for, $3.50
in the next three years, and $3.50 in the
next ten years. :s
- The officers of tho road say that the /" cir
cumstances are more favorable now to the
construction of this work than ever before,
or probably than they will be hereafter "a
competent corps of engineers are locating the
road between Harrisonburg and Salem, and
all that remains to be done is for the Valley
people to come up to this work in earnest,
and raise the subscription to the amount
needed. Will they do it? If they see the
matter in the light of their own interest we
are satisfied they will, and we warn them to
think of it and not to let this golden oppor-
tunity for vastly improving the condition Of
our section passby without taking advantage
of it.