Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1871-01-16
Alexandra Gazette
Railroad Matters.
FREDERICKSBURG AND
POTOMAC RAILROAD COMPANY,
. PRESIDENT OFFICE,

PRESIDENT S OFFICE,
RICHMOND. Va, 18th Jan. 1871. J. 80
''Ro. OuI, Esq: .lo
Dear Sir,-ln your argument D-hlSht &C.
fore the committee, think 1t important that
Won should notice, with emphasis the IDEA pre-,
vailing SO much IN the newspaper Gultorlals anu
articles rs we'll rs with the Legislature ana It's
committee, that the passage of this bill to con-
>,r,,ct a road from Washington to Richmond IS
y u.,.ess;,rv to insure IN ;ll-ral route between
lho:e cities. which would be equally insured by
limiting the Alexandria and fredericksburg
c,r,paDy to the charter they have already OBJ
i,iu.l from the Legislature, to build their road
to Buantico, there to connect with the ten
mile: extension Of ours, the construction OF
w!,irl, has now been vigorously prosecuted dur
;r. the pust four months. provided the Alex
Iria and Fredericksburg Company honestly
intend OF which they have us yet gwen no re-
I;a.lc aSsllralnc-to build their road even TO
t'irtirti;.n If they do not intend, let the right
-. riyea 70 the Richmond, Fredericksburg and
;'r,m:;c Company To extend their road to Al
..I.riria or Washington, untrammeled by any
ci iiiiul; which are not imposed on the Alex.
.,u,vr for it that the Richmond, FrederlckS-
iurr ar( Potomac Company will ut once and
Vigorously prosecute tue work without amy OF
,!,e DELAYS which have attended the action OF
The Alexandria and Fredericksburg Company.
:'Nhat company (the Alexandria and Freder-.
;.ksLurw) Obtained it's charter to build this road
on the 4th of June last having proclaimed Its
readiness ever since last January to put force
ngn thousand men on the work within thirty
DAVIS after it obtained the right to do so, and to
cnnp!cte it within twelve months. And yet,
IN the lst of this January, an eyewitness pass
inc over their line reports less than thirty men
upon it,. putting up L few shantleS and not
shade or pick struck in the ground
This is the action Of this mammoth corpo-
ration that wic!ds its millions of dollars-or, at
least of obligations to pay-tO buy up all our
southern railroads; and yet urges ono. OF the
Stockholders of our company to help them to
,lacc in the market L hundred thousand dol
lars of their bonds, to enable them to commence
this work
;:'rhe Richmond, Fredericksburg and Poto-
mac Company, on the contrary, having decided
only in August last to construct ut once Its ten
mile cxtcntion to Quantico, within thirty days
had the whole work let to contract to men who
have ever since had the largest available force
at work upon it, and whose contract binds them
tn complete the grading and masonry. on It by
the lSt of July next; 10y which time It's bridges
will be- partly built and it's crOss-tlcs and rails
nearly or quite all delivered, 50 that the road
may be in use to Quantlco perhaps curly IN
(Which of these companies shows itself most
in earnest to secure an all-rail route to Wash
inmtOn?
f'Makc any Use Of this letter you think advl-
$rble Very truly, yours, :,
p. Y. DANIEL, JR., Preslt. &c.
During the investigation Of the Alexandria
and Fredericksburg railroad, which has been
going on before Il committee OF the Virginia
Legislature. one of the witnesses Mr.. Roberts,
stated the fact that, while the Pennsylvania
Central railroad 600 miles long, had revenue
of SIT 900, ,OO0 the 3 900 miles OF other roads I'M
der it's control had revenue Of only 81, 900 600.
This he held, showed that that great corpora
ton sappcd all the smaller ones for its own az
rrandizcment. 1t was also alleged that while
the PENNSYLVANIA Central had, within q year or
two, increased its obligations $l2:0OO,OO0 by
the issue of stocks, bonds, guarantees, &c., Its
revenue was only increased $lSO,0OO How
near this is correct we cannot say, but 1t Is well
known that some of the Pennsylvania road $
LARGEST leases of other roads do not pay any
thing directly but are worked Of themselves ut
Il loss. The supposed advantage is incidental
in bringing trade on the main llnC.-BdH Sun.
The executive committee Of the United Rail
road Companies New Jersey and Camden and
Amhoy) held business meeting at Trenton on
the lease of their roads to the Pennsylvania
Central was again discussed, and that the Of
ticers of the latter have expressed themselves
in favor OF the terms proposed by the former
ten per cent interest on the stock, free ottaNeS.
1t may, therefore, be inferred, that the lease
will be recommended to the stockholders for
their consent on the above mentioned terms,
and that it's consummation will ultimately be
effected. d.-Necork Adcertiser.
The INnchburg and Danville Railroad.-
This enterprise is being pushed forward by the
directors The county OF Pittsylvanla. Va,
has voted an additional subscription OF IS, 500
to the capital stock. and the town Of Danvi!lc
has voted 100000. The Pittylvania sub
scrplion is conditional upon relative corporate
subscriptions on the part of Iynchburg and the
county Of Campbell.
The city council ,,of Lynchburg passed an Or
dinance Thursday to take the sense Of the lc-
gal voters of the city ON the 18th of February,
on the question whether the city shall subscribe
two hundred thousand dollars to the stock of
the company.
The Virginia Legislature has finally passed
the bill consolidating the Orange, AleXandria
and Manassas and the Lynchburg and Danvlllt
Railroad Companies under the name OF the
Virginia and North Carolina Railroad Compa
ny. 1t now goes to the Governor for his applro
val. The bill provides for the consolidation
upon such terms as may be agreed upon not IN
consistent with the laws regulating railways
provided that the action of the two companies
shall be approved and ratified by majority
the stockholders Of each company present o.
represented at any annual meeting thereof, o.
ut call meeting after thirty days notice o
time, place and object. The bill also legalize
any subscription made by either company. tt
the stock of the other before such consolidation