The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1874-07-14

tors shall be labeled Democrats, or Lib
erals, or Anti-Monopolists, it is as yet
difficult to determine.
WHEELING AND LAKE ERIE R. R.
Some of our city readers may have
already forgotten, Though certainly
some have not. J that little more than
two years ago the citizens Of Wheeling
and of Ohio county voted, by con>idcra-
blv more than a thrce-ffths majority, to
subscribe three hundred thousand dollars
to the capital stock of the proposed
Wheeling and Lake Erie railroad COM
pany and three hundred thousand dol
lars for the building of q railroad
bridge across the Ohio river, between this
city and point on the Ohio side near
Martins Ferry. Those who voted for
the subscription were full of enthusiasm
forTthe project and had great hopes of the
speedy completion of the two enterprises
then. contemplated. For various reasons
growing out of desire to exercise all
needful caution where such large sums
of money were at stake the actual sub
scription was delayed from week to week,
and, on the 22d of August, 1872, the new
Constitution, which forbids the creation
of corporate Indebtedness Of more than
five per centum Of the ASSESSED
valuation of the property TO be taxed
was ratified by the people and became
the supreme law Of the State. The debt
which the proposed subscriptions contcm-
plated was in excess of this amount, and
the opponents Of the measure according
" procured from the Circuit Court of
Ohio county an Injunction restraining the
corporate authorities from making the
subscriptions and mourning the debt pro-
posed. The case was taken To the
Supreme Court of Appeals and We pub
lish this morning syllabus of the dcci-
sion rendered by that court yesterday
affirming the decision of the Circuit
Court and perpetuating the Injunction
The question decided is that, the sub
scription not having been actually made
prior to the adoption of the constitution
its execution thereafter was inhibited by
the terms of that instrument
The matter ceased sometime ago L.
possess practical interest for the people OF
Wheeling. 1t was 50 generally con-
coded that the legal difficulties in the
way OF, making the subscription Were
insuperAblc that the City Council for
mally revoked the authority il had be-
slowed upon commissioners to make the
proposed subscription, and the advocates
of the projected improvements virtually
gave up the contest.
Having labored rs best we could to
secure municipal aid for the Wheeling
and Lake Erie railroad, and for the
erection of bridge across the Ohio
river at this point, the light which
has been thrown upon these projects
during the past two wears has only
served to increase our idea of their inn
portance and their feasibility. The
railroad referred to is to-day, even with
out Wheeling's promised aid, the most
vigorous enterprise of the kind We
know of There seems TO he no rcasona-
bic doubt that the road will be built
during the next two wears. 1t is in the
hands of energetic and capa-
forward with vigor that is unusual
and remarkable in these days of dcpre>-
sion in railroad stocks. The Mc>srS
STANLEY, whose name Is tower of
strength in railroad or engineering enter
priseS, have taken hold of the proposed
road with their accustomed energy and
our latest information in regard to it is
that the people along the line are respond
ing cheerfully and amply to all demands
upon them and that there is no longer
any room for doubt that the road will be
built and will carry to Martins Ferry
and Bellaire the trade which Wheeling
expected to enjoy. Work has already
begun both upon the main line and upon
the Cuyahoga Valley road, which is
sort of. Cleveland branch of the Wheel
ing and Lake Erie, and arrangements
are now in progress which will secure
the completion of both roads in a COM