Knoxville weekly chronicle. [volume] (Knoxville, Tenn.) 1870-1875, 1875-01-06
BRIGHT PROSPECTS FOR KNoX.
VILE.


The Cincinnati Gazette of the Goth
contains an editorial on the Southern
railroad, full of significance and OF
announcement for KnoXville's future
railroad connections. 1t was called
forth by the presence in that city of
Gen. Charles b. Stuart, OF New York,
who was recently in Knoxville in con-
nection with the Macon railroad. AZ
ter fiattering notice Of his personal
record as an engineer, the Gdsctte
SAYS:
The visit of Gen. Charles b. Stuart, CT
New York, to this city last week, has eN
cited considerable talk in Southern rail
road circles and has given rise to a good
deal Of outside gossip and speculation as TO
the meaning of his coming. The follow
ing outline of what he proposes will be
found of general interest;
Two or three months ago he was en-
ployed by some New York bondholders
who are interested in certain Georgia rail-
roads, to visit Georgia and report on the
condition of the enterprises in which they
had become engaged. His inquiries en-
braced, among others, roads running from
Macon to Brunswick and Savannah, and
also what is known as the Gulf Line
Gen. Stuart became convinced that what
those roads needed was a western or north
western outlet If this could be secured
their business would be largely increased
and their value greatly enhanced. He
went back 10 New York and reported his
conclusions He WAS thereupon directed
to come to this city and learn what he
of ,,f 70 p,.fi
Southern. This was the object of his visit
here lest week.
The Cincinnati Southern is now located
TO point some sixty miles below Chit
woods. Chitwood's is in East Tennessee,
near the State line between Tennessee and
Kentucky 1t is the point at which the
southern road DIVORCES from line to
Knoxville, to the line to Chattanooga.
The distance between Chitwood and
Knoxville is about siXty-six miles From
Knoxville a road has been already con-
structed running moth some thirty-eight
miles. This leaves gap Of about twert y-
eight miles yet to be constructed to make q
new line from the Cincinnati Southern TO
Knoxville South from Knoxville, the
road has been built sixteen miles, to Mary
vile The road from Knoxville north. if
we do not mistake, is now under the con-
troll of an English company. That run
ming from Knoxville to MaryviIle is owned
by the New York people Gen. Stuart
proposes that the 200 miles between Mary
Vile and Macon shall be built by the New
York capitalists that he represents, aided
by subscriptions along the line. Thus a
new line or combustion would be formed,
giving Cincinnati direct line to the South,
and, more important even than this, out
lets on the seabOard.
Among the sea-ports touched would be
Charleston, Port Royal, Savannah, and
Brunswick. The distance from Cincinnati
would range from go to 100 miles. The
hsrbOr OF Bruins wick is AS fine AS any on
the Atlantic coat. The value of the other
ports Is more or less known. The line from
Cincinnati to Knoxville would be 273 miles
long, or six miles less than by the Ken
lucky Central. The distance from CIncin.
natl TO Macon 1coUid be some ftty miles les,
than by the 1cay OF CHATTANOOGA
Coming back now to the Cincinnati
Southern, General Stuart says this city i,
doing what no other municipality or com.
binatiun of individuals is engaged in. The
com bination that i here suggested coulC
not be carried out without the aid that thii
city - now prepared, and stands pledged
TO furnish. Whatever the road to Chatta.
nooga may cost, It il certain that the ter
millions already appropriated will be suf.
hclent to complete 1t 10 ChitwuOd's, u dis
lance of some 2l7 miles. Chitwo0d's is neal
the coal and iron mines. South Of Knox.
vile the road would pass through mines o
copper AID magnetic iron, and marble
quurrIes. Inc,e mines, General Stuar
says, are the richest in the country. Thu
DuCkiowu copper works and the TellicC
iron works are in this vicinity, and are pre-
pared to contribute largely ~ gain con
nection with the Cincinnati Southern.
1t is proposed that the New York CAPT
talists shall lease the Cincinnati Southern
| The details of the lease are, Of course, mat
tiers for discussion and settlement Tn
| general proposition which it is proposed L
! submit to the New York people is the as
! sumption by them of the interest on tn
bonds, the payment of certain sum annu
ally to be devoted to n sinking fund, an
also the payment Of One.half the net re
ceipts, the latter TO be used for providin
increased facilities for the road, and subse
| quently for the payment of the bonds /
is also suggested that the lease should
so drawn up that the roads running towar
the southwest should desire to use the roa
from Chitwood's to Cincinnati, they coul
do so on equal terms with the original les
sees. The lease TO be drawn up so as
fully protect the Interests Of the city ut q
points
These propositions, in substance, Ger
Stuart l. prepared 10 recommend to th
Company that he represents. A detaile
statement may be expected from him be
fore long. Meantime the outlines Of tn
plan are now in the possession of our cit
zens for their consideration and discussion