Delaware state journal. [volume] (Wilmington, Del.) 1870-1883, 1872-11-02

PURCHASE OF THE OLD TRACK OF THE p.
WA Il. R.R.
The Philadelphia correspondent Of the
Germantown Telegraph writes to that
paper;
Considerable attention has been drawn
TO the fact that the Reading Railroad
Company has purchased or leased the old
or riverside track of the Phiadelp hiu,
Wilmington aud Baltimore Railroad from
trays Ferry to Chester, under stipula-
lions that II 81 all he used exclusively for
ifcighti aud that the Company has also
purchased an extensive tract Of land at
CHESTER with ne irly mile of river trout
age. The assumption based on these
Facts, in some quar- ers, is that the com
pauy is about 10 transfer its coal port from
Richmond 10 Chester. As it seems to
make some people very happy TO think 80,
am very sorry IL be obliged to disturb
So blissful a dream. But leading mem
Der of the Boirl Of Directors Of the Read
ing Railroad Company informs me that
nothing of the kind is Intended, the design
being simply 10 MAX a first class coal
depot At Chester for the coal trade, as that
city has become quite a tlouri,hing centre
OF manufactures and iron shiphuiding.
The other idea Of the Company is TO
stimulate the growth Of iron shipbuilding
ana iron manufactures generally at Chester
hy delivering the two raw materials, coal
ANA iron, there at the lowest rates and
WI bout the Intervention of middlemen. Il
is firmly believed by the Board that the
valley of the Delaware is destined Ia
become the great iron ship building
emporium of the Western Hemisphere,
and they do not intend 10 neglect any
effort or means of Fastening this consum.
mat The Company wOuld as cheer
lully AID any other point on the Delaware
within its reach, but this one is rendered
peculiarly advisable by the cheapncss Of
land on the riverside and By the sale ol
THIS abandoned railway. At the same
Time, Chester Is near Philadelphia, aud
within easy reach of all that may be
needed TO build up great manufacturing
interest.
learn from the same source that the
Company has fully and iairly tried tn,
VAltrlment of ms king coal-port below
Ihlladelphia. The pcint selected was New
'astle, and the Company spent - quarte
oi million of dollars in making the ar
ansements for the purpose, but all to n,
pufl ose. The collicrs would not stoI
mere, but kept right on to Port Richmond
hVely inducement was held out 10 then
70 make the change, but in vain. Whei
't'Vu"u lucy answered. tIhl hN hlcn
mo Il they found all the attractions, &C
eolNmodations aud facilities that might
me'ropol tan city could afford, while a
New Castle they were all absent Every
lhl' utcdful for the repairing. rcflitlDp
Ut supplying Of vessel could lie ha
al one place and not the other More
over at Richmond were all the shil
p,hs Offices, aud if the officers and crew
VI ne vessels needed little amusemer
On 'ndlng they could have il here j
very variety and they could not at Ne,
Cast G. But the most important rcaso
ignoring all farther ideas Of a change
Nv Ile Company has thoroughly icste
INC IRON steam golfers, and has prove
tu.l they can run all winter despite II
w. as they did through all the sevei
,Mcather of last winter. Hence, the /,
S,u kade Is of no account, rs the Compar
n"s placed large 'oan in London on
he,e, one of the objects of which Is
"ni a complete fleet of iron steam collie
Sn thus relieve the trade from Ii
Charges "S'"' ''''s