The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1872-05-17

Unless other parties shall hav
taken. the requisite one thousand sharel
oistock, and the company shall have beeI
organized before the city subscription i
made, then ten per cent Of the amount *
subscribed will have to be paid In TO ena
bic IN organization OF the company to b
effected. II the Council subscribes thl
full amount asked for, then $4,000 will
have TO be paid at once. If $100 900 stoch
Is taken as primary subscription, the
city will have to pay $4,000 down. i
$4,000 Is commenced with, 5000 vii
be the cash payment required "Gt time o
subscription" l do not know whether
theauthor Of the proyis0 In question had
this particular view OF tho case In his
mind or not when he offered 1t, but con
sidcring the fact that both branches ol
Council are already largely committed L
the support Of the bridge project, the
great propriety Of the restriction becomes
doubly apparent, aud 1t need not be
thought Gerry surpriSin9 Il somebody will
ask tor assurances that the full $500 00C
will not be at once subscribed, or, II less
than that;amount Is started with, that
the subscription shall not be made until
the $4,000, to be paid before the com.
pany can organize, shall have been paid
by private parties who have full right
to risk their oIon money in an experiment
that may never get beyond au organiza.
tion OF the company. Should Council
make tue city subscription, or any part Of
1t, before the organization Of the company,
the city will be liable for the payment Of
some portion, at least, OF the $4,000,
prior to organization. We question the
right o. Council TO jeopardize a single
dollar Of the peoples money in any such
way. Should the work not be com.
menced after the organization OF the com.
pany, or should 1t be abandoned at any
stage before completion, who expects
that the city's money would be refunded
fMr. Handlan's provision had been ac-
cepted by Council, no apprehension
would now be felt that any sub.
scripion authorized by the people
or made by Council would be lost;
or, II lost by any unforeseen contin.
gency, we would in that event have the
satisfaction oiknowing that all reasonable
precautions had been taken against such
loss. By so summarily rejecting both the
provisions alluded to, the dominant ele.
ment oi Council, at least, have thrown
themselves liable to the suspicion OF a lack
OF confidence in their constituents, or Of q
purpose 70 forcibly further personal or sec.
ttonal ends by that SHow.can-yo you.help.
~" What-are.you-going.to.do-about.
III" policy, which has been so strongly
manifested by that element in all they
have already done to involve the City
Treasury in the very uncertain, to say the
least, railroad and bridge scheme,
now clamoring for It's money. As these
gentlemen have reserved to themselves
the right TO demand and obtain from the
bridge company or corporators, "ample
guarantees" before they make the sub.
scription, they will surely not complain If
the people in town ask them for guaran.
tees that that self.reserved right will be
faithfully exercised in the interest OF the
city and people. Such guarantees the
people may all the more properly ask for,
in view Of tho fact that so many Of the
most ardeut bridge men in Council are
also corporators OF the proposed bridge
company. II may not be very difficult 10
see that guarantees may be readily agreed
upon between the corporators and the
Council these two bodies 80 happily
overlapping several deep, but what guar.
antee has the latter to offer the people
that ten per cent Of the money they may
vote to the body, on the 1st OF June will
not be paid over even before the company
Is organized, and consequently before any
body is authorized TO select a site, make
contract, or do anything else necessary
TO determine whether the work will ever
be commenced, let alone JfniSaeaf
But when may the work proposed
be considered tinished2 Will 1t be
done when the bridge itself shall
have been built and made ready for the
trains, and when the road beyond itshall
have been put in running order? When
all that shall have been done, there will
still remain to be made an expendi-
ture OF many thousands Of dollars,
to connect the bridge with q depot at
some practicable point on the city. This
work the Wheeling & Lake Erie Railroad
Company cannot do, as it has no charter
Tor this side Of the river. But the act
incorporating tho bridge company au.
thorizes It to "locate, construct and main.
tain railroad from some point within
the city, across the eriver" to the Ohio
shore, and to "locate, construct and main
tain any branch thereof, on or over any
street or alley, within the city" This
means that the bridge company shall
make the connection referred TO. There
fore, after the, bridge shall have been
built, at the cost Of million or more, and
all the subscriptions for that purpose
shall have been expended, the'"Wheeel.
ing & Ohio Union Railroad Company"
may say TO the citizens OF Wheeling. Our
bridge is done. The ties are laid.
The rails are down. All things
are ready for tho trains, except
0 track from the bridge to the depot.
Give us another 100000 or more, for
that purpose, and we will be all right.
Should the city answer, we have no more
to give, the reply would be, then oil you
have given Is useless.
Does II not behoove the voters OF the
city to consider we'll and carefully, how
they will vote on two weeks from next
Saturday, lest by Indifference or lack ot
consideration they open tho door 10 a
drain upon the city treasury which may
not cease for years 10 come, and for which
no return OF benefit may ever be realized.
Nay 18Th. CITIZEN.
FRRsHETs AND PRosPEcrs.-Toward
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