The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1867-09-03
2}itllmo1}d 5|ispatth.
.,-rs9AY........ SEPTEMBER 3, 1867.

chesapeake ard Ohio Railroad
80 subscriptions of The Wcstcrn
,,~ctnia Couutics--Lctter from Pre-
.iden: Eoutaine.
CHARLESTON, August q, 1867.
p. he Editors 81 tie Richmond Dispatch:
1h,vc returned thus far from the Con-
...,.f,, ri Point Pleasant, at the mouth Of
y" E,nawha This Convention was COM
~. '..as &C delegates from the counties in
a.... Virginia along the branch Of the
.,..,.ad Chesapeake and Ohio road down
,.. Efaawla valley, and counties in Ohio
...'.,.e Point Pleasant, and extending to
w. Marietta and Cincinnati railroad.
u-.ca lcl; Richmond it had just been
......arcA that the counties in West Eir-
.-, below. the Great Falls, or Loop Creek
..n,. Of karawha, had determined to
.....y Is = condition Of their subscriptions
.., IN. proceeds should be expended be-
lem ,h.t point and the Ohio river. This
,... nd, IN accordance with the plan agreed
1.-THE White Sulphur Convention. The
..r..ac rrc>eatcd at that time, and sup
....ato be generally asscnted to, contem-
,.itlc application ofail the funds raised
j., iii, time uy subscription to the continu
...r-a>rcnlion Of the work from Coving-
.~ westward until il reached steamboat
~.r:ra,ioa or the kanawha. Believing that
...- lie road reached that point ii would
.....s substantial basis of credit sufficient
=, .,.,a.r the company 10 borrow moneyto
sr.>. Tie road 70 the mouth Of the Big
.,,.sy and in conformity with the action
,nn stockholders OF the Central Com
,.-..y in Nav last, the expectation was to
..I,.r, on the general credit of the whole
-.unaav. money enough for that purpose.
-s'. deeply concerned lest the dctermi-
,..:.v Of the western counties to apply
....- ragtS at the west end Of the line
night he injurious to our prospect OF final
,~rrc><. no. understanding what was their
,xncc;a,ion under the change of the plan
tr.1 on bv the Convention at the White
>.lplgr. Ny principal object in attend
;-, tho Point Pleasant Convention
VAS to ascertain how they expected to
mike their funds available for the promo
,Iag Of the common object of getting q
,r-r,rb connection from Richmond to the
railroad Of the West.
| found them tiXed-immovably fixed
in the purpose of having their funds ex-
landed at the west end of the road, hav-
lr arrived al that conclusion on the
assurance of tie President OF the Marietta
md Cincinnati Railroad Company that his
own COMPANY and the people of Ohio
opposite Point Pleasant were ready and
anxious 10 construct road TO the mouth
a. K4nawha oS soon as it was settled that
q road was TO be constructed from the
Falls OF kanawha to that point. | learned
from Mr.. Cutler, the president Of the
Marietta and Cincinnati Railroad Com
@uy, that q survey had been made for q
pad from his own to the mouth of the
Klnawha: that the distance was only
tweuty-cight miles; that he thought rcli-
allie contractors were ready to undertake
IL. construction of the road in the Valley
o; the kanawha, and that the bonds of the
Counties would De very near if not alto
catucr sufficient to dctray its cost. | was
4.., therefore, surprised at the course they
had determined upon. They were per-
>2adcd that their subscriptions would
open the road along the valley of the
liver; that the twenty-eight miles from
Point Pleasant to the Marietta road would
hc simultaneously built, and that thus 100
l.iles of the Chesapeake and Ohio road
would be brought into connection with
Cincinnati and the whole network Of the
West aud Northwest. 1t becomes an lnte-
resting inquiry how the interests of the
CETAucaic and Ohio Company are affect
ell by Withdrawing the subscriptions Of
eCxuu.e> in West Virginia west OF the
EAs Of karawha from the construction OF
81 road from Coyington to the Falls OF
X1uawha, surprising that those subscrlp-
EH,> will put the read in the valley of
N4awAa in operation, and that road
will be built in Ohio forming direct con-
ucctiyn with Cincinnati. The question to
he considered is whether it will be easier
i9g tie company 10 complete the road
from Covirgtoa 10 the Falls of KanHwha
wiki tie Subscriptions east Of the Falls, or
t5completc the whole road with all the
Subscriptions. 1t must be remembered it
never was expected to complete the road
without resorting TO loan, based on the
general credit Of the company, aftcrreach-
ia- the Kanawha. | think it is very clear
HAT with a road completed from the
Falls Of kahawha to the Ohio by the re-
..4,c OF the western subscriptions, the
company can more easily complete the
eastern end, not having to give mortgage
oaIts property east Of the Falls for its
western work.
Il may be supposed that the western
end Of tie road, though finished, would be
useless until the eastern end was connect
Cd with it. This will not be the fact. I
en- SUppoSiHg that the connection with
Cincinnati above explained will have been
made. The company owns several small
locomotives not very useful now on its
heavy grades. These could be very con-
rcDr@Hy run around by the way of the
Baltimore aud Ohio railroad, and placed
oa;hc western end and it is not doubted
thai there would be a very profitable traffic
On the one hundred miles of road along
t4eiamoGS kanawha valley connected, as IS
Supposed with Cincinnati; or,if preferred,
tie Marietta and Cincinnati Company might
lie employed for the time to work the road.
road il operation at the west end wou!d
DC OF great value in supplying provisions
10. contractors, at reduced cost, on the
New River and Grcenbrier sections.
!, will thus be seen that there may be
compcnsating advantages resulting from
TIE course pursued by the counties On the
extreme west end of the line. One of the
most important may be the earlier COM
i.c.ion OF the whole line. This is given by
our friends in kanawlia as the reason why
they annex the condition to their subscrip-
tiOl.
am very glad to report that the coun-
ties along The Big Sandy branch ard seve-
iaI counties in Kentucky have within q
I@w DAYS held convention at Catletts-
bury, and are taking active measures to
carry out the same policy which has been