The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1870-05-05
WnoIE No. ss
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The following communication is
from the, Cleveland Leader of the 10th
ult.:J :Jo.trsio-Io hGa ylibGss -G
q A week or more ago Your readers
were entertained with. q well written
article in reference to this, project,
from the pen of Mr.. D. G: Calender,
in which he says that--probably re-
.ferring tofthe officers of the company
Sc they, arc not, of late, moving pub
icly in this matter,
Before answering his query, wewill
only premise that thewriter has not
overdrawn his esfimateaof the import
anee of this project, either to the. city
of Cleveland or Youngstown,, .Or. in
ternediate points, and that few, ifany
projects are agitated, reddiring the
same amount OF capital, and cpromis-
ing so large a return to stockholders
and the public generally And while
Mr.. C.. says, every man wants, and
many expect, a railroad by their own
doors, we readily concede to him the
belief that it ought to cross the river
where his home and property are-at
Prices milIs-but ,modest1y suggest,
on our own knowledge of the country
and the opinion of practical engineers,
that the shortest practicable route, and
the cheapest, is, gia Newton Falls, as
first contemplated and surveyed by
Colonel Robinson. 'Si''iL0Is
HAndnow orthepufpose answer
| ing Mr.. Cs query, Iandiall others, as
to what we are doing and why we are
not doing more, we will respectfully
say that we are doing very little and
think it due to ourselves and the in
terest of, our project that Reci should
publicly give the reasons of our in.
may be necessary. Owing to the
present and prospective inadequacy OF
of the Mahoning road tosupply trans
portation for the immense traffic be-
tween the lakes and the coal region OF
the Mahoning and Beaver Valleys, il
was proposed to build the road now
in niquestion,o as an extension Of the
Pennsylvania Central line, from the
Lawrence depot, in. Youngstown sVid
Girard, Niles, and Newton Falls to
Ravehna, and there connect with the
Cleveland & Pittsburgh railroad. With
this view we secured the services OF
Colonel Robinson, s by whemta thor
ough survey and estimates were made
in the summer OF 1868. After the
| noise and smoke of the railroad wars
| of 1868 had partially subsidized, our
/ correspondence was renewed with the
Pennsylvania road, and in, September
last one of us (P.) by appointment,
with Mr.. Thompson, met him at his
office in Philadelphia and presented
etc, together with q statement of facts
showing the Importance Of the road,
and also stating distinctly that. the cor
porators were notEcapitalists, but men
of moderate. means and unaequainted
with building railroads :; and that
their only object was to do the pre-.
'limfnai.y work and pay for it, and
then transfer their franchise oto him
or other partiesfablento execute, the
work and further, that we. propose
to modify our survey. to secure q new
coal field discovered since 1868. 9ai
z To this he replied that this addition.
al survey ought to be made immedi-
ateIy, and that. this, with certificates
of the amount of coal reported in the
new coal field, should be forwarded
to him, and if the survey was feasible
and the extent of acoal authenticated
the road ought to be built and would
be built, and that the money could be
furnished to build it.-And, further,
that his company had right Of trans
fportation for twenty Years J6 come ON
the Cleveland Sc Pittsburgh road suf-
ficient fer;all: purposes contemplated
by this, new. line. With these, assur-
ances we engaged Mr.. Messersmith to
make surveys at the earliest day prac-
ticable, and his maps, 1profles and es-
Inmates, rogether with certificates far
above the amount of coal formerlyire-
ported, were shown to Mr.. Thompson
at Philadelphia, by our President (R.)
in Decembel,.l5 91g5T isHoisEoI III
6, With these reports Mr.. T. protested
to be well satisfied, and proposed that
our company should raise by subscrip.
ton sufficient atock to secure the right
of way and grad eithe track, including
masonry, and that hiseompany w ould
put on superstructure,. equip and run
the road on, equitable, terms, No con.
tract was formally drawn, but q mem
ofahdnm written and read to Mr.. r.,
who assented that this lvaspthe llndefS
standing. 3iss.szaq- -alt at yt51on -HiEg
Regarding this sIs basis, we visited
Y Youngstown and reported, and also
your city, where we were cordially
and generously received by the Board
of Trade, and on.our presentation uof
fo onfc 70 oh nsv.l
prompt action was adopted, as report
ed in your and other city papers. -
And now for our reasons for tellot
moving publiclyinithis matteE.n ssxs
,a On the 4th of February, and subse-
quently, we received letters from Mr.,
T. naming some conditions different,
/ from what he had previously stated,
and others entirely new toGus.i SUBJ
stantially these4-that we must perfect
our organization, negotiate with the
Cleveland & Pittsburgh road for right
and terms of transit, secure right of
way, grade, tie, and ballast track, and
furnish depot grounds, and then issue.
Z per cent. first mortgage construction
bonds sufficient to complete the work,
and deliver them to him, if approved.
in payment for doing it. VI eiI11i ,,,-,,.
In conclusion of long article, we
can only say furtheE that while we
are still willing. to undertake TO fur
nish stock, tor a stock road. as first
contemplated, we think 1t more prn-
dent to move slowly for the present,
rather than solicit stock onsany other
basis than a fair pro rata dividend of
the earnings of the road when built.
-a )" r. S. RoBB1Ss, Pres't
5a2 9ft ol ~ JgF.i PORTER, Coz. Sec. ir1
! Newton Fails, April o. lS7aia 3aob
AT an examination g.ilps ono day in school,
the teacher punished q boy for bad
grammar, and Immediately after re-
qpested him to ), call another boy
whereupon he shouted at the top OF
his voice: :" A common substantive