New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-02-26
VIRGINIA.

The elasticity which follows the adjustment of
political troubles is nowhere more manifest than i'll
Virginia. Though but few weeks have passed since
she was rGadmited to her old place in the list OF
States. signs of the energy. which shall yet make
her mountains vocal and her valleys rich, are every
where exhibited. The wealth which Nature has
stored away in her hills will not much longer remain
useless to man. Her exuberant forests will yield
their tribute TO the wants of civilization. Her cx-
hausted soil will be reviyifed by new appliances Of
Agriculture and by the better industry which will
grow out of the inspiring hopes of a people who
cannot fail TO discern the dawn of n new era. The
roads, which are little more than paths and horse
tracks, will give place TO others which shall answer
more properly the demands of transportation and
the old State will ere long I'LL wagons and and
steamers with the contributions of her mines, aud
the products of her soil
Capitalists are not blind TO these prophecies Of the
early future. The names of her towns and cities,
made famous by old and by recent history. are be-
coming familiar in our financial marts; and enter
prses which recognize the needs of the present and
anticipate the wants Of the coming time. arc not
vainly laid before our people. Especially among her
railroads is the spirit of rapid rehabilitation marvel
onsly exhibited. The roads. disused and deserted
during the war are being refurnished and set in
ton again. The Virginia and East Tennessee Rail
road thanks to tho indomitable energy and enter
prise of Cen Malone, has been equipped anew. and
has taken its place as most important link In the
outh-Western railroad system. The Richmond
and York River Railroad has been rebuilt; the
Alexandria and Fredericksburg road Is being put
under contract: md other railroads in various
sections are in progress. soon viii be. Among
these none are more important 70 the interests oil
the State than the Chesapeake and Ohio Railroad,
running from Charlottesville westward up the slopes
and through the valleys OF the Aeghanes to the
rich mineral lands of West Virginia, and the fred
erieksburg and Gordonsyille Railroad, which con
meets Herewith at Charlottesville and reaches the
Potomac at Belle Plain. By the former road the vast
region of Central and Western Virginia will be
opened up: while by the latter the ronte to tide
water will be shortened over sixty miles and the dis
lance between Virginia and New-York more than
twenty miles The bonds Of these two roads have
been recently put upon our market, over the names
of leading bankers of this city, and afford to CAPT
tasts a most desirable investment Virginia is viz
tuay new and growing country. Her old habits
have passed away with her old history The days TO
come will see her moving rapidly forward to her
proper place among the States. Her lands VIII yet
bear the price which intrinsic value and admirable
location justify and her towns and villa
ges will swell with the tide of immigration.
To such fields. whose values arc rapidly enhancing
under the impulse of enterprise there Is a resist
less attraction for capital and unexampled promise
of rich returns Such railroad as the Fredericks-
burg and Gordonsve, free from the competition of
parallel lines opening up district Of country full Of
commodities which the world needs, and destined,
by its advantages of location and reduced distances
to become an important trunk line, must certainly
command the attention Of those whose means enable
them to control such enterprises. AS its bonds,
| advertised in our columns to-day. by the we'll
known bankers, Drake Brothers, are based upon a
completed road costing double their amount. bet
ter security would be hard TO find while the road
itself and its connections opening new aud oxpedi-
tions route between the North the South, and the
West. most rapidly develop the productiyencss and
availability of a wide region. whose teeming wealth
of Timber Coal and Iron. has so long awaited the
electric touch of Industry and Capital.