The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-05-03
THE CINCINNATI AND CHARLESTON
RAILROAD PROJECT.

OF the Cincinnati and Charleston Railroad.
We observe from the Cincinnati Enquirer that a
meeting of the enterprising public spirited men
OF that city held last week for the furtherance
OF this important object, at which degree of
earnest enthusiasm was manifested, giving n
most gratifying assurance that the work will be
pressed forward to speedy completion. The
first link of the road to Knoxville. we learn from
the Cincinnati papers, will be constructed within
three years. Owing to the great interest now
being manifested by the citizens Of this State, and
the inoipient action that has already been taken
by the Board Of Trade, we publish below the
proceedings OF the meeting referred to:
The chamber OF the Merchants Exchange was
well filed by the substantial or better known as
the moneyed men Of the city. and it was soon dis
oernible that their business element there for
Spurpose, namely: the fulfllment of u request
that the city Of Cincinnati subscribe 600 to
the great Southern (Knoxville) Railroad to in
sure it's construction and completion; The meet
ing was organized by naming the following gen.
uemen as officers OF the same:
President--Hon. w. &. Groesbeck.
Vice residsnts-Messrs y Larz Anderson, w. q.
clement, n. @. Lord, 8. s. LHommedieu, Joseph
@. Butler and P. Heidelbach.
Becretary-Theo. Cook, Esq.
MIR. Groesbeck, upon taking the chair, stated
the object Of the meeting to be the receipt of q
report relation to the construction Of the South
ern Railroad and to decide what is best to be
done. He gave as his opinion that this meet
may be considered to be indefinitely postponed
There may be some who look to the city OF Cincin-
natl in her official capacity to do something, and
1t seems to be the proper way that such subsorip-
tionB SHOULD be obtained, but that door il shut,
and will not be opened, for it il clearly prohibited
by the law Of the State, and all cities and coun-
ties are prevented from making any such sub
scriptions.
He regarded this meeting Of considerable i'm
portance. The city Of Cincinnati had no special
or direct communication with the South; and in
fact 1t is muossihle to answer the demands of the
trade without rdilrual communication. II such
connection is not made trade will go in another
direction. There are Aorthern States and south
ern States, anu CINCINNATI has been named as be-
longing to Northern State, when III fact she is
more Southern than Northern city. 1t was
started and established by Southern trade. It
will not do TO iuter in this matter. The speaker
then briefly alluded to the many benefits which
would accrue by the construction of this road to
property huders and our citizens generally, and
bespoke for the enterprise liberal and generous
reception.
The committee then made the following report:
In consideration Of the Importance and value to
the city OF Cincinnati, and to respective bus-
nesB and trade, The early construction OF liue OF
railroad from the CRY Of Lexington Kentucky,
via Nichoas7ilIe and Danville to the East Tennes-
see anil Georgia Railroad, at Knoxville and Chat
tanooga, or s,nie Intermediate point, tho UNDER
signed, citlkcns OF Cincinnati, hereby agree to
donate and pay to Larz Audersou, Miles Green
wood, John W. Ellis, William Hooper and Wm.
Glenn, trustees, fur any party OF company which
may be duly uIId leg lily authorized by the law of
kentucky and tennessee to construct said road,
the sum uf money set against our respective
names, to aid in the construction Of said road.
Said amount to be paid upon the completion of
said roac, 80 as to allow the passage Of the loco
motive and train OF cars over its whole line.
The undersigned subscribers, however, reserv e.
ing the right each ~ subscribe for sn amount Of
the capital stock Of said company equal to the sum
hereby agreed to be donated by him; provided,
however. that If at the expiration Of twelve
months from the first day of May, 1866, no COM
pany as above named shall agree to construct said
road, or having 80 agreed, shall therefore fail to
comply substantially with such undertaking, so
that the road ~hnii not bo completed Within five
years Of the date aforesaid, then the cription
to be voidahle, At the option of Aority, in fa-
vor Of the subscribrrs; and, provided also, that
this donation aud it's benefits shall frat be offered
to any responsible parties Ill Cincinnati it's im-
mediate vicinity who shall agree organize a
company as atore1aid; and said trustees are here
by authorized TO act for us, each and s In award
ing and Assigning the Same.
These subscriptions are not joint, but several,
and in no event stall tho liability of subscriber
exceed the amount OF his suliscripti0n.
The nxt speaker was Hon. Stanley Matthews,
who commenced by saying that he appeared br-
fore the meeting at the request OF the commit, o
VINO had made the report. The subject OF q rail-
road connection with the South was not q new
one; 1t was urged thirty years ago, In the old
Drake, who strongly aud strenu0uSly fav red the
CONSTRUCTION Of tho Cincinnati end Charleston
hairoad and it was sni at the time that his posi-
ti0n in relation to- this Southern enterprise UNFIT.
ted him Tor the chair in the Medical College. At
one lecture which DR.. Drake delivered, u strong
Drake party knosing the publ, opposition to
termned to put the Doctor and the railroad
through; ut another time ths irst illumination IN
Cincinnati was on account OF the projected rail.
road through to Charleston.
Judge Matthews then spoke OF the commence
ment OF railro..ts In America, and the rapidity
with which they extended IN every direction, from
esst TO west. In every State mud county. and
hundred miles Wost of St Louis Tho roads north