The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1871-12-07

not one man in ten thousand could |
have accomplished what had been
done by Colonel TrimbIe in the ex-
animation of the country as con-
nected with the location of the rail-
road proposed. Confidence in the
skill, energy and sound judgment of
Col. Trimble had been increased one
hundred fold by the actual inspec-
ton which the committee had made !
of the scene Of his labors and of the
results which he had reached.
In relation to the actual construc-
ton of the railroad proposed, Mr.. !
Barney referred to the proposition of
the Chesapeake and Ohio Company,
made by Mr.. Huntington, the Pres
ident, and which is fully set forth in J
the report of the committee. At
this point Mr.. R. W. Steele called on
Mr.. Barney to state the connection
of Mr.. Huntington with the Central
Pacific Railroad, and his policy in
the management of that great work.
Mr.. Barney stated that the enter
prise of building the Central Pacific
was carried through mainly by the
energy of Mr.. Huntington; that the
six per cent. bonds of that company
were now above par, which was at
tributable to the confidence felt in
the integrity of the Company, and
the admirable management of its
freight and passenger business. Full
| ly two thousand miles of railroad on
the Pacific slope are now owned or
controlled by Mr.. Huntington and
his associates. On this large extent
of rail there were no sleeping car
companies, Or. associations managing
fast-freight lines, or express business.
The Company did this kind Of busi-
ness, and made for the stockholders
all the profits that could be made
from sleeping-cars, fast-freight lines,
or expresses. And this Chesapeake
& Ohio Company expected to man
age their road-our coal road-in
the same way-manage it in the in
terest of the stockholders. Some
persons might say, that if the Ches-
apeake & Ohio Company, or those
interested in it, were willing to in
vest two millions and quarter in
the stock, they would not hesitate to
add the other three. quarters, Mr..
Barney said it was the policy of Mr.,
Huntington to interest every one
along the line of the proposed road
in the prosperity of the new line,
when completed, because it was in
tended to make the freight and pass
enger tariff satisfactory to all, and to
run the road in the interests of the
people of the country through which
it passed.
Mr., Barney then called on Mr..
Steele to give his impressions of
Mr.. Huntington and the confidence
to be reposed in him and his propo-
sitiOns.
Mr.. Steele said he had met Mr..
Huntington at Cincinnati, and con-
versed with him freely in regard 10
this new Southern Ohio road to the
coal regions. Mr.. Il. impressed
him strongly, as an exceedingly able,
candid and energeticc man. Mr..
Steele placed full confidence in the
statements and pledges made by Mr..
Huntington. Speaking to Mr.. II.
of the impression entertained by
persons here, that the stock, as in
that of most railroad enterprises,
would necessarily be sunk, that gen
tleman said he would be unwilling
to engage in the enterprise if that
was to be its fate. Mr.. Steele went
on to say that if the people Of Day
ton could not, or would not take
stock to the amount of 100000 to
aid in a work in which they had SO
great an interest, and on which their
prosperity mainly depended, when
other parties interested in the Ches-
apeake road were willing to subscribe
two millions and a quarter, then we
might as we'll give up the idea Of
ever having coal road. He fully
concurred in the views which had
been expressed by Mr.. Barney on
the whole subject.
/ Mr.. Barney then read the
REPORT OF THE COMMITTEE.
At meeting of the citizens of
Dayton, held in the Court House,
Nov. 1871, to consider the subject
of a coal road from Dayton to the
mouth of Symmes Greek, on the
Ohio River, opposite the point where
the Chesapeake and & Ohio R. R.,
now under construction, strikes the
Ohio River, Col. W. Il. TrimbIe
submitted the following proposition
from c. P. Huntington, President
! of the Chesapeake and Ohio R. R.,
viz;
Col. ". Il. Trim5le, Hays5oro,
Ohio.-If you can secure the right
of way from the mouth of Symmes
Creek to Dayton, and subscriptions
| that will unquestionabIy be paid, to
the amount of $85O,OOO, together
with the old work on the line, we
will build the road.
G. ?. HUNTINGTON.
Col. TrimbIe made a detailed
statement setting forth the advan-
tages to be secured to our city and
county by its construction, and
asked that immediate measures
be taken to raise the amount APP
portioned to Montgomery county.