Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1868-01-24

OulCdSO W IliCuulouu,
less than to Baltimore, ...".... "a
Difference of grade equal to."..".. 100
Chicago to Richmond,
less than to New York...... ITO
Difference of grade equal to.."....... SO
Cincinnati to Richmond,
less than to acknowledgements. IS
Difference in grade equal to."..... 100
Louisville to Richmond,
less than to Baltimore....... LOG
Difference in grade equal to."...". 100
Can any one doubt when this road is COM
pleted, but that a large portion of the trade
from that fertile and densely populated re-
gion lying south of the lakes will adopt this
route in the winter season, and avoid the
risk of distractions and delays on the North
ern channels of transportation
By their last reports the following are
the receipts of the Northern lines, having
to contend with disadvantages from which
our line is free, viz:
1857. NY NJ; Central 1 4sa miles Receipts g. s1s $50 SIS ' zss
1866. Penn. central 466 " $16,5S3,s 93
1864. Bait. O. ONO, BY y e,o||,o92
The net receipts of the Baltimore and
Ohio road were by the latest reportI have
seen, $5,307, 1873. Let us estimate the
whole cost of our line from Richmond to
the Ohio river at 500. 000, 600, and the
net receipts after it is in full operation at
81, 3O7, 1873 less than the Baltimore and
Ohio Road; say four millions of dollars,
you will then have a dividend of twenty
per cent. on your stock, nearly twelve per
cent. more than enough to meet the interest
on the bonds you give in discharge of your
SUBSCRIPTION
SPECIAL BENEFITS TO II COUNTY.
1. Profits from furnishing Supplies to Con-
~ tractors.
To complete the road to the falls of the
Kanawha will require at least $4,000, 600.
Suppose only two-ffths is needed to supply
the various wants of contractors. Until the
valley of Kanawha is reached, your country
must be the source from which the largest
proportion of these supplies will be obtained.
Not only your horses, your beef, pork, -four,
corn, oats and hay will find the best market
at home, but every cabbage, tdrnip, and
potato raised in the country will fnd ready
sale. From this source alone you may ex-
pect to realise more profit than the whole
interest you will be called on to pay on
bonds.
Home market to supply Manufacturing
Population.
You have inexaustible quantities of iron
ore at various points near the railroad in
your county, all that is wanted to make it
a source Of immense wealth to the whole
people, is the cheap coal which this road
will bring from the West. Whenever coal
and iron ore are brought into connection at
any moderate. cost, there labor and capital
concentrate ; and the surrounding commu-
nifty of every class derive all the benefit
from feeding a large population and the
circulation Of immense sums of money
The supply of iron will never exceed the
demand for it in the new and multiplied
uses to which it is applied. Besides the ten
thousand purposes Of husbandry and me-
chanics, it is used for building fences,
bridges, houses and ships-for nearly every
thing conceivable where other materials
were formerly used-from the ladies hoop
skirt up to the ponderous locomotive.
AS soon as the, coal is brought from the
West to the iron ore in the Blue Ridge and
North Mountain, ycu will realize what has
occurred every where else under similar cir
cumstances: You will have large popula-
tons collected in connection with the MAX
ing of iron, besides factories of every kind
which require the use of a permanent sup
ply of cheap fuel. On the Ohio river, the
the town Of Pomaeroy has sprung into exis-
tence in a few years from this cause alone,
now numbering from ten thousand to fifteen
thousand inhabitants, all to be fed and
clothed from the neighboring country
When the facilities of the cheap coal from
the West are secured, your iron orc will be
converted into bar mctal-botb iron and
steel at the place where it is raised and
not only that, but there will be all kinds OF
manufactures of which those articles are
the component parts as is the case at Pom
eroy and many other places, you will have
large towns grow up near Waynesboro, and
from Buffalo Gap to Craigsville. The prof
its resulting from bringing iron ore and coal
together, justify the transportation of one OF
the other many hundred miles. The ore
from near Waynesboro is now transported
over the Central road to Richmond-hauled
through the streets in wagons, and then