The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1870-03-03
al 1MRuRTANr RA1LRoAp LINR

AN 1MRuRTANr RAILROAD LINZ
An imporantsIsp TO ward rsviylng thS
material prosperity ofVirginia and West
VrgiuiO, whereby their great u1tural al.
vanltgts Of soil, climate, and mineral
deposits will be made available for
greater and more active Industry, has
lust been taken By sevsralptominsnt New
York capitalists 10 identifying thsmsol.
YES With The great railroad line which
extends between Richmond and tho Ohio
River. now known a. the CHESAPEAKE
AND ONO RAILROAD. This Iino includes
the old Virginia Central. aud tie Gov
ingIon and Ohio roads, both Of
which received from tho State prior
10 the wsr a large amount Of aid
lin tho aggregate more Iban 80 SOo.-
900. Tie expenditure the State now
surrenders 10 tho new Corporation on
very favorable terms The road is in
operation from Richmond 10 the famous
White Sulphur Springs Of West Virginia
qe7 miles, and il is believed can be com
pleted 10 the Ohio 600 miIes) by the
close ofls7l. Among tile promoters Of
tue enterprise ate Messrs. G. P. Hunt
ington Of the Central Pacific Railroad,
A. A. Low, William Il. Aspinwall,
Davil Stewart, and others Of New York
city; Messrs. WicGham, Anderson. Erh'
OILS, and Parsons, Of Virginia With
Messrs. Fisk 4 Hatch as the Financial
Agents ofthe Company. These names
are sufficient guarantee Of The vigOF aud
fidelity with which the great work will
be carried through.
The completion Of this line to the
Ohio River brings ii within short dis.
lance Of the important railroad centers
Of Columbus, DAYTON. Cincinnati and
Louisville from which tributary lines
are projected and building, BY which the
lhesIpeaks and Ohio RlilFOad will es.
tablish Through Lins from the sea
board to The great West. Beside being
the shotteVt and line from tide water to
Western oiIies, il will have the great
Odvsulage of grades much lighter than
any Of the more northerly lines. Ii pas
Vss through the great coal fields of the
Kauowhs, aud will have cheap and
abundant fuel. The celebrated iron
ores Of Virginia are situated on the ceu-
trail portion Of the route, the active iron
frtp secs Of Southern Ohio al its western
terminus; and between the two are those
inexhaustibls veins Of ".pliut" coal, SO
necessary Cor iron manufacture.
This line will furnish the necessary
outlet for the fertile tract Of country be-
tween the Cumberland apd the KsuRVha
and will draw over the wheat Of Mines-
ola, the cotton Of Tennessee. Mississippi,
and Arkansas, together with the cattle,
wheat, auI tobacco Of the intermediate
region, as it uniles 5000 miles Of inland
navigation and 10000 miles Of railroad
IN the West, to the best hsrbor Oh the
Atlantic coast. BY the shortest and most
economical line 10 be found. The GOAL
aud iron trStlc Of the road alone will bO
enormous.
The Chesapeake and Ohio is already
profitable enterprise from its local bust.
ness merely; when completed to the Ohio
it must become one Of the most success.
fui roads 10 the country. The enterprise
is 10 efficient and honorable hands, tho
debt upon the road is uncomfortable,
aud the prospect Of remquerqLiye traffic
very fattering.
The Grst mortgage bonds Of the Ohesa'
peaks and Ohio R. R. Co., offered for
sale by Messrs. Fisk 4 Hatch, the veil
known New York Bankers, will at once
attract the attention and commend the
confidence Of capitalists as . very suPe'
rior investment.
The loans heretofore recommended and
negotiated by this house-nOW recogni
aed as among tho standard and favOrito
securities 10 the markets Of both this
country and Europe-bear testimony 10
discorpment aud judgment exercised by
lhep 10 tho selection and approval Of
loans.
TUE CAPITAL.
Both Houses of the Legislature, came
to go understanding Saturday, and
located the CAPITAL of this State,