Wyandot County Republican. [volume] (Upper Sandusky, Ohio) 1869-1903, 1872-08-22
Columbus and Toledo Railroad
WHY it will not be a failure.


Now how do these reasons apply
to the Columbus & Toledo r. R., if
located via the proposed Delaware,
Marion and Upper Sandusky route'
The first one is at once got along
with, because we have the assurance
that Mr. Green, Vice President of
the Hooking Valley Railrond, will
see to the construction OF the road.
But. says one, who is this Mr..
Green? Well he is man who has
an eye to business who has large
experience in building railroads, of
whom it is said by those who know
him that he is honest; who has 10.
Gated and constructed the Hooking
Valley Railroad, which had, after
several efforts, been pronounced i'm
possible to construct through thoee
hills so as to receive q grade that
could be profitably operated. What
has been the result 1t seems albeit
that he (Green) built this road to
run down hill both ways; that is,
26 feet to the mile is the highest
grade Also at such a cost that the
divideuds last year were 20 per cent.
in stock and 3 FER cent. semi annually
as q cash dividend, with large sur
plus for construction this year after
paving running expenses, and inter
est on the bonded debt.
The second re"son disposes of
itself, because Mr.. Green, together
with his associates stockholders in
the Hooking Valley Road, have al
ready subscribed 100000 to the
stock of the Columbus & Toledo
Railroad.
- The third reason is to be guarded
by not commencing the building OF
the road until at least one and quar-
ter m .llion dollars are pledged by
subscription and tax.
The fourth reason is answered by
every intelligent citizen between Col
umbus and Toledo. We all feel the
pressing necessity for this north and
south road, and no one will doubt
that when the road is completed it
will enter at once into a paying bnsi
ness, by furnishing US with the for
eign commodities we need and are
daily using, and return after more
with the cars loaded with the fruitsof
our agricultural and mechanical
products.
The fifth reason is answered by
stating where we are starting from
and what lies at our base, where our
terminus is, and why we go there.
We will not attempt to give you Il
full inventory of the vast resources
that lies at our base, or in the Hook
ing regions. Some Of us have ex-
amined their stock in trade. and
were amazed. The veins of coal are
from to II feet in thickness, and
extend throughout the entire Hook
ing region.
1t seems as if our Creator had
stored away this coal in inexhausti-
BILE quantities, waiting the necessi-
ties of the country. Here, too, are
mines of iron ore in large quantity,
and of a supirior quality, which,
however, requires to be mixed with
the Lake Superior ore to make iron
of very superior quality; so much
so now, that the iron manufactured
at Columbus, from the ore, is SHIPPED
to all parts of the country, and a
large quantity to Pittsburg, it being
the iron capital of America. Then,
again, this Hooking Valley road is
near the Central Ohio Salt Works,
which are yielding a large quantity
of salt, which is being shipped north
and northwest.
The road starts from Columbus,
the Capital of our State, which is
destined to constantly and rapidly
increase in wealth and population,
and will soon number among the
largest cities in Ohio. Especially
may this be expected, since the
opening Of the Hooking Valley re-
glons- and such ineXhausiible depos-
its, of coal and ore, and in conse-
quence thereof, blast furnaces. roll
ing mills, foundries, and a host OF
other manufacture m establishments
have been completed, and are now
in successful operation: and we un-
der, at this writing that two more
blast furnaces are being projected
and will be in operation within 90
days. Again, this road will run
through rich and highly developed
agricultural and manufacturing coun
try.
Then, again, Toledo is one Of the
greatest grain and lumber market Is
in the West, and i, by way of the
columbus and Toledo proposed