Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1875-07-17
VI [ MN y JOU RI \ L.
j. e. ODER. Editor
FROSTBURG MD, JULY Il, 1878.

COOPERATION AID CoLoNIZATIoN BY
MIXERS Among the enterprises put for
ward for the co operation of labor the best
and most promising of material results
which has attracted our attention is the
Cumberland Coal and Manufacturing Com
pamy, projected by Alexander Mcdonald,
Esq, Member of Parliament, of Wellhall,
Hamilton, Scotland; Samuel Thompson,
Coalmaeter, Glasgow; Thomas Halliday,
ESQ. President of Amalgamated Associa
ton of Miners, Bolton, Lancashire; William
Pckarl, Esq, Treasurer of same Assocla-
ton, Higher Ince Wigan, Lancashire, and
William Crawford, Esq, Secretary of Dur
ham Miners Association, Durham. These
gentlemen constitute the board of directors
of the company named, organized for the
purpose OF purchasing and colonzng 10000
acres and upwards of mineral lands situate
in Pulaski and Whitley counties, on the
Cumberland river in eastern Kentucky.
We quote from the prospectus:
The price to be paid is t62 800 in cash and
SOP 800 in the Companys shares. 1t Is
thought the surveys will measure 10000
acres, and perhaps more, exclusive OF inner
surveys owned by other persons. 1t so, the
excess over 10000 acres isto ne included in
the above price If the measurement falls
short of so 600 acres, the actual amount only
isto be paid for at the above rate As soon
rs the requisite Subscriptions are obtained
aComm,tcc OF the Directors is to proceed to
the United States and personally verify the
statements of this Prospectus in regard to
the property proposed to be purchased, and
particularly as respects the several matters
referred to in the Report OF Professor SAT
ford hereinafter quoted The Committee
will further determine whether looking to
the character and situation OF the property
and the facilities for profitable dlsposng OF
its minerals and other produce, there is a
reasonable prospect of the antlclpations
mentioned in this Prospectus being real
Ised. No portion of the purchase price
will be paid until after the examination by
the Committee. Messrs. Mcdonald, Ihom-
son, and Pickard have consented to act as
three of said Committee to visit the proper
tv, provided no unforeseen circumstance
renders it impossible for them, and their
practical knowledge and great experience
should inspire confidence of the undcrtak
inc. As shelving the confidence OF the ven
doris in the value and adaptablty of the
property they have agreed in the event of
the decision OF the Committee being ad
verse to the undertaking TO pay the whole
cXpcnsc of the Committees visit, as well as
the cXpcuSc of forming and disolving the
COMPANY, so that should the Company not
20 on the whole subscribed capital may be
returned to the Shareholders without de-
duclion Should the Company 20 on, the
before mentioned expenses OF the Commit
tee will be paid out of the subscribed capt.
tai
1t is further stated:
These lands are selected for the purposes
named ON account of their low price and
their almost incXhaustahlc mineral and 9th
or wealth about to become realized by the
completion of the CINCINNATI southern
Railway, now under construction, which
will bring their products within direct
reach of the following Markets where they
will be enabled to compete with any others,
viz: Cincinnati. with population OF
aboul 100000 people, and an annual malket
CONSUMPTION of about 100000 tons Of
Coal; Louisville, with population Of about
10000 people, the intermediate town and
rural POPULATIONS; and by the Cumberland
river Nashville, with population of about
40 OGO and thc many towns and cities OF
the lower Ohio and Mississippi rivers, to
New Orleans, distance of about 800
miles.
Prof. ]. NJ. Stafford, formerly State Gcolo-
eist of Tennessee, says;
II is Il great Coal field. Its strata abound
in Iron Ore and its forests i'll excellent
Timber. It's large streams present mil
sites and water power rarely cNccIicd. Its
hioh, flat wooded plains Lave been the IA
voritc summer pasture ground OF numerous
Lcrdsmcn Its COOL saluhriouS climate and
purc water, together with lis varied scenery,
make it a desirable summer retreat, and
will make it, when its hidden wealth is in
the height of development, a region OF de-
lighttul homes and pleasant villages,
OF the Typographical and geological fca-
lures Mr. Stafford speaks with equal favor,
and, after technically detailing the five and
sometimes six coal-hcds of the region, he
continues, referring to the extent and guam
ttv Of the deposits:
As TO the quantity, the Coal on your
lands may be said to be practically mex
hnustiblc. Many generations will not sec
lis end" i : = THE two strata of the
lower coal series, which have been dcsig-
mated respectively as the Main Coal and the
Mckee Coal, and already traced out and
known for miles are to be confidently look
cd for III Their proper places OWL 'ic "h"i'
extent of territory, excepting only the mar
row valleys and ravincs in It's western and
northwestern portions
Besides coal, which is dcnominatcd the
"overshadowing feature of this immense os-
tate Tie timber, iron, petroleum and salt
resources are represented as very great, and
with proper management, will bea fountain
of support, comfort and wealth to hundreds
of workin@mcn.
To verify Prof Satiord's report Mr.. A.
Mcdonald, NJ. p, during last summer COM
missioncd John Douglas, Esq, Supcrintcnd-
cnt of the Georges Creek Coal and Iron
Company, Homecoming, Md, to examine the
property. This examination was made in
person by his son, Captain john Douglas,
whose report dictated the following letter,
the material facts of purchase price, capital
stock and plan of operations being previous
" communicated to Mr.. Douglas;
LoNACoNING, SEPTEMBER 18TH, 1874.
.1hrand0 McDonald, Esq.
My DEAR SIR-Aiter Il very careful eX-
animation considering the great extent OF
propcrtv and the time allowcd,) L must