The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-04-29
The Wheeling & Lake Eric Railroad,

Editors of the Intelligencer.
MANY of your readers will doubtless be
: interested to know that the Mleenng $
Lake Erie Railroad "stilt nves ana noyts
:, and has being" The panic, OF cpuIss
d cd their resources that it was by no means
4 stranded. and its subscription basis was q
recrnerative power that moves it along
aC,oi1 From recent information, deemed
e reIiable, your correspondent gathers The
. The Road will reach Toledo from
Wheeling in distance short of 200 miles,
with light grades and through about 81
miles OF continuous coal fields northwest
erly, from Wheeling, and large deposits OF
some OF the richest agricultural regions OF
Ohio. The counties touched by the line,
starting at Martins Ferry and ending in
Toledo, are Belmont, Jefferson.l Harrison,
Carroll, Tuscsrawas, Stark, Wayne, Me.
dina, Lorraine, Huron, Erie, Sandusky,
Ottawa land LUCAS. The principal
towns sStouched; are Hopedale; Fair
view, Leesburgh, Cumberland, Zoar,
Bolivar, Navarro, Dalton, Orrvllle,
and Lodi in Medina county, to which
point the road is permanently 10
Gated. Thence ola. New London or
Wellington, or Norwalk or Wakeman
to Milan at the head of navigation on HUI
ron river, eight miles from Huron on Lake
Erie, thence ola Sandusky to Toledo, or
direct to Toledo without touching San
dusky, as the action of their people may
determine, with branch possibly to HUI
ron, the best port on the south shore OF
Lake Erie, where the company has been
offered in writing large land grants and
dockages ifit will make 1t a point. The
road crosses other North and South and
East and West roads as follows: The
Pan Handle at Fairview; the Tus. sBr. OF
@. 6 P. at Zoar; L. s. s. T. ". at Navarro;
P. TT. w. & =. and G. Mt V. ed. at
Orrville; a. s. G. w. at Pike Station; c.
@. O. s. I. at Wellington or New London;
L. s. s. n. s. at Norwalk or Wakeman,
and also at Sandusky, as also the 8. NJ. d
N. now operated by the B. & o. r. r. Co.
There is at the east terminus, counting
Wheeling, Martins Ferry, Bridge port and
Bellaire, q populationot over 40 GOO. and
at Toledo population OF about $4,000
with an intermediate population at the
twenty leading towns on the line OF the
road of near 10000. The people in the"
counties along the line are admitted to be
intelligent, industrious and wealthy, ca
pablo 81 large expansion sinlthe way Of
agriculture and mineral products. GFL
| This road brings the coal, ore and lum-
| DEE IGRLOuS dl CltnGI .ASoASA w
each other than any other road, and puts
| a population OF several hundred thou
sand into business and trading relation
who have hitherto been comparative
strangers. 1t opens up 81 miles oil coal
fields heretofore untouched, and must
bring to that region an influx OF miners.
and manufacturers that Will add rapidly to
its population and stimulate5trade and
business OF all kinds.
The permanent location OF the road,
has not been definitely determined west
OF Lodi, between Whichlpoint and Milan
active efforts are now making by COM
petipg- lines to secure the location, and
which viii probably be determined be-
fore the middle of May. Meetings were
held last week at points between Lodi
and Toledo, and great activity now pres
walls in canvassiDg for stock, right OF
way, &c.
On basis OF local subscribed stock Of
SIS 600 per mile, the entire construction:I
and equipment of the road was let lnst
summersto Hon. Walter Shanly, late OF
Canada, now Of Hoosac Tunnel or North
Adams, Mass? Under Il work was begun
last September in Stark and Wayne coun-
ties, by Gen. Mckee, sub contractor of
miles OF the road. Some eight or ten
miles of road have been graded, and the
work is % still progressing, though
matters were in part suspended
in November last, owing TO the
panic, but copfldencein large measure
has been restored, and the farmers and
stock subscribers along tue line are will
ing and anxious to pay in their money it
NE ShanIy, in whom there is full conf
dence, is satisfied that he can go forward
with the work. "s-
Mr.. Shanly agrees to do tho work and
take in payment the IS 5000 per mile and
the remainderin stock and first mortgage
bonds of the company in equal portions
at par. - - 7.
notwithstanding the depression of rail.
way securities by the panic, Mr.. Shanly
is satisfied that he can, make. market
Tor the bonds.at figure that will justify
the vigorous prosecution of the work this
summer, and his presence on the line is
expected within the next ten days, with
view TO direct the campaign for this sea-
son. .-s,.-B. ~ sr.urI.,szs, u,
graved, and the mortgage will be exc
cuted before MIR. Shanly's arrival. The
and Lodi (1O9 miles) justifles the expecta:
ton that the whole 5000 mile, can
without doubt be raised on the whole line
The condition of affairs is such that the
company and contractor are proceeding
on this expectation with all confidence,
and are backed by the stockholders along
the line with an equal confidence. Sur
.veys have been progressing for over two
years, and SO many different points have
sought the location of the road and pro-
cured surveys, that two, and in some
places more, parallel lines have been run
irom the the river to the Lake, giving the
company ample evidence on which TO de-
termine the best possible line, in which
they have steadily Kept in view the mat
tiers of. reducing distance and grades
I conclusion would say that however
much your people may lack in interest
and faith in this enterprise, the company,
the contractor and the people on the line
still have a growing faith,. founded in
reason I think, that their road as cosl,
mineral, lumber, ore, grain and general
freight road, and direct passenger route
from the North West to the South East,
cannot be excelled by any 200 miles OF
railroad in this country. RAMBLER AN