Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1871-01-28
The VALLEY Railroad subscription.

The faHey railroad subscription.
The Virginia House of Delegates. after
considerable debate. has passed a bill
from The Senate authorizing The county Of
Augusta 10 vote upon subscription 10
the cspIlsl stock OF The VALLEY Railroad
Company. and also of the Shenandoah
Valley Railroad Company. The bill
vas carried in the House by vote Of Sc
90 81. after being slightly amended, and
i, seems there is no doub, OF concurrence
By the Senate 10 the amendments.
The FIRST named company. il will be
remembered. is the one to which The civ
Of Baltimore has Subscribed one million
and the BALTIMORE aud Ohio railroad sn-
Other million. on coalition that The Val.
lev iiseli. through its various counties
and towns, or individuals, should suppiy
$1,000 900 OF the SO 200 900 which the
charter required should be made TO com.
mence operations After the people of
sl other counties Of The Valley had voted
10 favor OF amounts bringing the total up
20 100000, II was expected that Angus.
{, county would complete the REQ lired
sum by a'ubscnpuon Of 100000 The
proposition was lost. three hiihs (,he re.
CURED msJony) Of the people failing to
support II. Afterwards $4,000 OF the
deficiency was made Up oy the town OF
S"unIon' The couniy.sesi OF Augusta
county. which had previously subscribed
100000. and $40 900 by The town Of
Lexington. the county Of Rockbrdge
county, aud considerable amount by
pri',e lndI'Iduals. leaving only def
esncy OF about $500 900. Petitions
were sent TO the Virginia Leg stature last
month from clnzens Of Augusta county
asking authority to take another vore on
subscription. This was, however, op.
posed IN The Legislature bv the friends
OF The Shenandoah Valley Railroad Com.
pany. Pennsylvania scheme. intended
TO run lcop The Potomac. through the
Valley. 10 Knoxville, Tennessee. and
which will traverse a different parl Of
Augusta county IRON the Valley railroad.
though IN the same general direction,
hom northeast TO southwest Thus The
county vas, IN measure. divided sgsinni
meIi, and opposition vas made in The
Virginia House Of Delegates by one Of The
mos' prominent Of is Representatives TO
The renewal Of the vote. The difficulty
has resulted IN ne compromise above re-
feUed to, by which there is TO be a joint
vote OF the people Of Augusta county on
ssub'criptlon Of $500 900 TO the Valley
railroad. end 800 900 to The Shenandoah
railroad both roads 10 be aided or neither,
and The subscription. if authorized, to be
applied Immediately TO the construction
OF the i~o roads. one opening direct com
muuicailon with Bsltimora. and the other
through Maryland aud Pennsylvania. with
PhIladelphi.. IL will be seen that only
the sam. hurIhrn. 5000, 600. is imposed
by Ihe joint subscription which Vas look.
oi tor IT first from the county to complete
the required Subscriptions TO the Valley
raIlrOad.
Although the voIe Tor that smount was
lost the rquned majority Of th'ee-h(Ihs
not beng obtained. majority Of the Peo.
pie 'oIed for u.snd IL would seem certain
" reasonable. under such circumstances.
w El'e AHSH ." 'HpoI'uh''C '" '"'' seo'"'
The probability now seems to be that the
Join, vote -Ili be carried. which vii IN.
sure ,hc building Of The road. The a.
mount OF absorption viii be small
enough compared with the advantage ct
Two competing lines, convenient outlets 10
all the chief markets OF The country cheap
heIght'. and the consequent increase IN
me value Of properly. We have often
htretoiore shown 'he great agricultural
and mineral wealth OF the Virginia region
which these railroads propose t. traverse,
and tie important results which NAV be
expected ltOn connecrIun with lines OF
railroads penetrating the S"uihS estetn
Suites. GresI trunk lines like these can
scarcely prove otherwise than profitable.
and may be expected IN tlne TO more Than
repay any investment which may De made
IN Ihem.
To carry the subscriptions to The roads
shove referred 10 three. fifths Ct The voIes
e,,l will be necesssry.-B Baltimore Sun.