The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1873-01-31

y
scribers to our paper Think of it! You can
ret at least Sixty Beautiful Songs Duets,
and Choruscs, and from fifty to sixty Piano
pieces, worth at least So by sending us four
subscribers to our paper.
The Maryland and Pennsylvania Rail
Road.
Work upon this railroad is actively pro-
crossing, Notwithstanding the difficulties
presented by the inclement winter season,
and the prospect for it's successful completion
is in the highest degree encouraging. As we
have before stated, it is to be double track
narrow gauge railroad, from Baltimore city
TO the Pennsylvania State line, there to con-
meet with the State Line and Juniata railroad,
now being built, making n through line to
Philadelphia.
The road will soon be entirely graded from
Towsontown to Cromwell's Bridge, point
on the Great Gunpowder river, about twelve
miles southwest of this place. A portion of
the road has also been located on this side of
the Gunpowder, and it is expected that be-
fore the first of March ground will be broken
for the road in Hartford county AS soon as
it is graded and bridged TO Bel Air, the cars
will be run to that point to facilitate the con-
struction of the remainder of the road. Mr.
s. B. Coughlin, the agent ofthe road, in COM
pany with Mr.. Henry l.. Bowen, of Towson-
town, paid visit to Bel Air this week, to as
certain what aid might be expected from the
people of this part of Hartford, towards push
ing forward the enterprise. The company
ask the cooperation of our people, and de-
SIRE first, the right of way. This, we appre-
bend, will be freely granted, inasmuch as the
benefits accruing from railroad facilities most
generally overbalance any supposed injury
from the division of farms.
They ask, further, that the pcopleagree to
invest in their mortgage bonds, in aid of the
enterprise. These are coupon bonds, issued
in denominations Of 81 900, $500 and 5000,
to mature October 1st, 1896. They are sold
by the Company at ninety cents on the dol.
lar, and draw interest at the rate of ! per cent.
per annum, payable semi-annually in gold
equivalent TO at least per cent. interest on
the investment. They are first lien upon
the entire road and all of its equipments, and
in this respect arc infinitely better, as an in
vcstment, than ordinary stock subscriptions.
In q conference between Mcssrs Coughin
and Bowen, on the part of the railroad COM
pany, and some Of the most prominent and
;nH, AL 81,
terms disagreement were entered into, and a
book opened to register the names of those
willing to aid the road by investing in its
bonds These terms arc of the most satisfac-
tory character, and if the company's offer is
met with in a liberal spirit on the part of our
people The road will be secured beyond a
doubt. The bonds have not yet been placed
upon the market, but those who wish to sub
scribe will now have an opportunity ofdong
so, and thus show Il due appreciation OF the
benefits 10 accrue from the building of the
road.
The terms of payment for these bonds
have been made easy, and the conditions of
purchase are fair and equitable. No hcsita-
any one.
This is undoubtedly the hest opportunity
that has yet been presented to secure a rail-
road through Hartford; aud we therefore
think that every obstacle impeding its con-
struction should be removed, as soon rs pos
sible, Let the right of way be cheerfully
given, and the bonds purchased wherever it
can be done.
The great need of Il railroad through this
part of Hartford is apparent to the most UNI
rejecting mind, Business of all kinds is i'm
pcdcd by the clog upon IDS operations, by
reason ofthe present slow and uncertain mode
Of transit to and from market. Property of
every kind hes also been steadily but surely
dcprcciating in value for several years past,
from the same cause At the same time while
business is thus depressed and the hard work
ing farmer secs his profits dwindling into
insignticancc, while trying to compete with
localities more favored with facilities of trans.
portation, there arc in Hartford county rich
mines of valuable mi leras hidden beneath
the surface, awaiting enterprise and capital
10 bring them TO light; and these railroad
would supply. In short, u thousand indus
tries would he quickcned into life by the
shrill whistle the locomotive on the hills
and among The valleys Of Hartford that are
now not dreamed of. Let lis be up and do
ing, therefore, for upon the success of the
present enterprise depends the prosperity of
our county.
ACKNowL EDGEMENTs.--Wc are indebted
10 Hon Stevenson Archer, for copy of the
report Of The select committee on Postal
Telegraph.
Also to the Hon. William T. Hamilton, of
Maryland, for his speech against the construc-
ton fisk steam vessels of war. The Sena-
Tor takes strong and just grounds against this
large increase in the navy, involving, as it
would the outlay of twenty millions of dol
lars lie characterzcs it is Job, gotten w
by interested parties to make money at the
expense of the United States government
What necessity exists for increasing the navy
in time of profound peace, VIC are at loss tc
conceive, except that some fayoritc pets may
he rewarded by contracts for party services
-----=.e -.
Granville Kimball, n wellknown ant
wealthy citizen OF Chicago, either fell OF