The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1870-04-21

along the line to POCahOntAs county
reached without Shai(ing. Camel coal Is
found in many localities. Fire and pot
ter's clay and glass sAnd are found In
many places. Iron orc Is found In every
county, and especially Of superior richness
i4lnd quality, In SexhaustleSs beds, In the
cOunties of Greenbriar, Allegheny, Monroe
and several others, the most Of which
would bC opened and made available to
Pittsburgh BY your road. Besides, reached
by either Of The termini, already indicated,
are rich aud extensive deposits Of copper,
lead, rock salt and gypsum. And very
fine limestone Is found on the extent Of
your phtirc line. Tho very heart Of arlch
and Immense mineral region would be
reached and opened by your rOiId A re.
gion In reference TO which II has been said
by distinguished foreign traveller THAT
in undeVelOped wealth, in way Of mineral
resources, 'twas equal TO twO.thlrdS Of
Continental Europe"
iSi7h-YUur road completed 10 tic
Virginia and Tennessee Railroad would
hive connection with tie great aTtGrial
railroad system Of the South, by the most
direct and shortest route, commanding u
large portion Of tho staples In your carry
ing trade OF tho South, tho value Of which
In 1859 amounted to two hundred and
flfly.two millions three hundred and sixty.
five thousand nine hundred and twenty
dollars (&252, 385,020). Now, assuming
that your road would lIave One-sixtccntll
Of this trade, it would be $l5, 772 $40.
Then say, the local frcights, live stock,
lumber, mineral, various manufactured
products Of your great city would be sixty
millions moro, both aggrcgating seventy.
five millions worth Ot property carried
on your road per annunl, upon which q
tariiF Of only per cent would bring the
road two and One.halC millions annually,
to which add ono million for carrying tho
mails ind passengers, would make tho
gross receipts three and OnG.half millions
Now suppose one million would bc re-
quircd to run tue road, and assuming that
tic cost Of construction would reach siX'
te0n millions, the interest upon which ut z
per cent would amount 10 ono million one
hundred and twenty thousand, leaving q
net balance of one million three hundred
aud eighty thousand dollars per annum.
l submit tint u fur deduction from all
tho faCts, warrants the foregoing cOncln'
siOns. r
Gentlemen, may presume TO suggest
and recommend: mi .s,uIsr,.,
RrSt-That your Company agrees TO
apply I'LL the means obtained in West Wiz.
ginia to constructing tic road therein.
iSCc0nt-That you appoint some sutta.
bic person or persons 10 open books and
solicit subscriptions Of stocks and grants
Of lands in West Virginia.
IhinI-That from tho cash so slibscrib.
cd, per cent. sufficient be made payable
and appropriated to the paying Of the cx-
pcrscs Of surveying the route from the
Pennsylvania line 10 the Virginia and Ten.
ncSseG Railroad anl. Of soliciting and oh.
tanning said stocks, &C.
F1Wrth-Tllat in consequence Of the CX.
istCnCc fan interest existing in West Viz
ginia, favorable TO constructing railroads,
prompt action Is imperative on the part Of
your Company to realize lis benefit and
10 prevent the sumo from being diverted
to other schemes and corporations.
FUM-Thc opening Of this route would
create IL heavy demand for the manuiac
turetl products Of Pittsburgh, which your
city docs not now supply, Of immense
value and importance, all Of which is re.
specially submitted.
Hoping your carly and favorable answer
that may be able 10 make report to con-
stituenCy I have the honor TO represent,
let me assure you, gentlemen, Of my earn.
est desire for the speedy completion OF
your magnificent enterprise. Ihave the
honor OFbeing,
Most respectfully, yours, &c,
4. G, DAVIS.