Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1870-04-28
A GREAT ENTERPRISE FOR n
SMALL EFFORT-7HE w. & ".
RAAR0dD

RAILROdD.
The canvass of this city for subscriptions
to the stock of the Wilmington and West
ern Railroad Is to be Immediately COM
menced; indeed it has already made consid-
cradle progress. The people scarcely need
to be informed what the enterprise is, or
whence 1t comes, and all, we presume, arc
fully convinced as to its great Importance to
the growth and development of our city.
The present effort Is directed to the construc-
tion of about seventeen miles of the work.
ending at Chandlerville, in the South eastern
corner of Chester county, where direct
connection will be made with the Doe Run
and White Clay Creek road, (now being
bult,) and by it, with the Pennsylvania rail-
road at Pomeroy station, forty-three miles
West of Philadelphia.
The advantages to be secured by con-
structing this portion Of the work will be
very important, from every point of view.
First, and foremost, always, we must con
slider 1t as the first step in the great through
route from the Delaware, to the Westward,
through the Southern counties of Pennsyl-
vania. From Chandlerville, further progress
is entirely feasible, toward the Susquehanna,
beyond which the route must take its way
to Hanover Junction, Gettysburg, Bedford,
and SO onward. But, while the road remains
unextended beyond its present length, it
will be feeder, of great value, to this city.
1t is proposed to pass through the valley of
Red Clay Creek, stream with extensive
water powers, already developed. 1t passes
through the rich agricultural and mineral
valley of Hockessin, and in its connection
with the Pomeroy road, taps and feeds, also,
the Doe Run valley, Of Chester County.
This is an admirable local route, sure to
afford great increase of trade to Wilmisg-
ton. 1t is not a new and unsettled country,
bare prairie, or houseless plain, but an
improved. developed, and populous section,
teeming with wealth, and productive not
only in agriculture but in manufactures,
long established, and even without railroad
facilities, successfully and proftably con-
ducted
Experience, facts, figures, prove that a
railroad built on such route, cannot fail to
be solid and substantial success, as a f1an-
cial enterprise, II it is built on a 2orope,
basis Of actual capital In this case, the
President and Directors of the new road
have made this requirement the foundation
of all their work. They have made it law
infexible, from the start, that there shall bt
solid substantial cash capital put in, first
They considered that the interests to be ben
Gifted were rich enough to readily build th,
road, and thus far, they are assured that th'
judgment is correct.
$3.50 600 has been fixed as the stock sub
scription necessary. OF this. those interest
ed along the route have been called upon Il
raise at least 100000, and clear the lant
damages. 1t was thought best that the,
should accomplish their portion of the work
first, and they have now nearly done so
the management are assured that the smal
amount needed will be promptly made up
This city is then called upon to raise its share
fixed at $l50,OOO. OF this $4,000 has al
ready been subscribed, In the preliminar.
organization under the charter, and $40, 90
is arranged for, leaving only 100000 to b
subscribed, in Wilmington.
This is the work now needing to be done
and it is a small effort, when so great an en-
terprise depends upon it. No canvass
the city has yet been made in behalf of tn
road. The subscribers to the $4,000 alread
provided for, are about one dozen indivit