The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1872-01-30
Ghpqntellfgsuter.
r,o Present status of tho Wheeling
-" and Lake Erie RaiIroad Project

,,yrnAcr TO he MADE IN TEN DAYS
From Yesterdays Register 49,
Since the vote of the Sd inst, author
,,io" nun n subscription Of $296pOO to tlt
" '|' river" road, thus giving, us allolIle'
g,.,ern outlet, | desire TO again direct az
,.n,inn 10 the advanced state Of the pro
Noscl road to the northwest, known y
iNcSWhceling and Lake Erie RaiIroa a.;
TGis road was Incorporated April ., 1871
hv Jocl Won, 4. Spenccand James Kerr
n Martins Ferry, Ohio; Hon; Chester y
II,%h"rd and Hon Joseph Bell, Of W heel
inc and John Baxter, Jacob Copeland
'j%6n ID. West and A. b. Paul, Of Harrl
son county, Ohio. These gentlemen mau.
Ina qualification for more than thirty days
"ccor'linr to the laws OF Ohio, Of tue time
AMI nlares Of opening the books OF sub
scriplion, and when more than ten pei
c o Of The stock had been subscribed
,hrv rave due notice Of on election fol
DityclOrs at ISowerstown, Harrison coun
,y OHIO, for September2O, 1871. AT tina
lection, the above named Wood, Bell ant
PSpl together with Nathan Hussey, O
Jefferson, Jacob Justis, Of Carroll county
and Hon. ThOs. W. Chapman, Of starke
county, Ohio, were elected Directors
and they organized by clccting a
President, Treasurer anl Secretary. Since
that time the company has been vigorous
" working and its success is now almost
6Iaccd beyond doubt, il our people take
The same interest In 1t rs Is taken along
Ibc line In the East, and as It's Importance
wOur citizens demands. The country
through which the road passes Is as rich
in agricultural and mineral wealth, and
he people rs wealthy and enterprising rs
any other in tho State Of Ohio. The stock
il steadily and rapidly increasing, and
with the aid Of Wheeling and Sandusky
there is scarcely a doubt but that n loCa
subscription of $4,000 per mile may b.
secured in the next thirty days. A meet
inC Of the Directors was held In Navarro
Stark county, on last Thursday, at which
All were present except MIR. Bell, who is
in New York looking after the interests oil
lhe company there. Besides the meeting
Of the officers and Directors there was q
mass railroad meeting, at which were re.
prrscntatives from Huron, Medina, Ash.
land, Wayne, Stark, Tuscarawas, Carroll,
Harrison, Jefferson and Belmont counties
Ohio. The most ilattering and substan.
tal reports come in from nearly all points
on the line from Martins Ferry to San.
husky, and the project can no longer
he regarded rs mere expert.
mcnL For many weeks Presiden:
Wood and most of his associates have
been giving their time almost exclusively
tothc work, and their efforts have been
nohly seconded by hosts OF influential and
worthy men at many points on the line.
II the people OF Wheeling did but hall
realize the kingdom Of wealth and popu.
htion and the magnificent country wait.
Ing for railroad development along the
line, aud il they could know what IN
universal desire there is among the people
NOpen up direct trading communication
with this manufacturing and commercial
city, they would not hesitate one moment
to stretch out their hands and invite the
low Of trade and travel to their gates.
have found the desire almost universal
along the Short Creek, ConnOtonanl Tus
caNwas valleys, and beyond Zoar and Ma
varfc on the plains, 10 Sandusky. If this
rad should perchance iail or be diverted
from Wheeling Tor want of . proper effort
Onher part, it will be the saddest mistake
Of her history. If Wheeling prompt.
y and heartily gives to this road her
friendship and aid she will sustain toward
it such friendly and influential relation
as will make it largely tributary TO her
wealth, her manufactures, her merchandise.
higher business and population for all time
loComc, No existing or proposed road
traycrScs superior section of country,
moi ont that opens up such q desirable
section for our trade. In connection with
this road, the Valley IraiIway, now pro.
grrSsing from Cleveland to ZOar or Bow.
cstown, is Il matter of great Importance
10 Wheeling, From either OF the last
named points 10 Wheeling tho two roads
could be operated rs one, and without the
former road the latter may he drawn from
Wheeling east or west. With these roads
We will have opened 10 us tho city Of
Canton, with her 5000 population, and
The city of Akron, with her 1000, and
The rich Valley OF the Cuyahoga besides.
We will be some twenty miles nearer
Cleveland than by the Cleveland s. Pitts.
hnrgh road, anl some fifty miles nearer
than by the proposed Wheeling Creek
and Athens road. We will be sixty miles
nearer Sandusliy and liny.live miles near.
er Toledo than BY any other existing or
proposed road. 1t is susceptible of
mathematical demonstration that this
road can hardly fail to be n very
profitable investment. In direction and
territory it presents advantages superior
10 the Cleveland and Pittsburgh railroad,
whose stock watered up to $149 IS, Is
now yielding Z per cent per annuni, nav.
able quarterly, free OF taxation, and ieas.
ed at that rate for 900 years, which is
equivalent to IL or IA per cent on the ori.
ginal stock.
IIHhia tic merit ten days, | have no
doubt, The road ,ciRjc under contract from
here n Toledo, on u snrer stock basis and
on more favorable terms in other respects
Than any other road, through similar ter.
fIlory, ever knew. With such a stock
basis its bonds and credits will be good
anywhere, and the investment safe and
profitable.
earnestly commend this enterprise to
our capitalists, business men and citizens
generally; and urge upon them to give to
he subject m early and hearty attention
SIld support, As soon as the contract is
closed, its terms will be made known to
EurHopIe, and they will be invited to give
snelr money md cooperation in q more
earnest and tangible form than they have
yeI Meanwhile let them examine
m'IS! statistics, geological reports and
.Ile IKE, and see Tor themselves what a
magnificent country awaits an opening to
our industries and business; and let them
i ieuec! That, il this opportunity should be
.S', |! can never be regaincd, and that
IiGfe Is tide in the affairs" Of cities,
winch, taken At the flood, leads on to for.
tone With this road and q bridge, our
IaclllllCS and nCcpSsihilitips nS n railroad