The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1875-02-25
CHEsAPEAKE 81 OHIO IL. R.
Frightening PrOspects-Ef-
forts OH Foot TO Complete Its
COnneciiOns-AppeaI 10 the
BOntlhOiders.

ciIons-Appeaa 10 the
BOndhOlders.
The Gallipolis Journal of Feb. 4th
has an editorial article in reference
to the Chesapeake & Ohio R. r.,
from which we copy the following:
"Capt. E. S. Aleshire is in receipt
of letter from certain parties in
Richmond, Va, who were seen by
the committee recently sent to Phila-
delphia from our city on railroad
matters, stating that they are ex-
tremely anxious to build a branch
road from Scary, on the G. & o. R.
R., down the Kanawha, and connect
ing with some western railroad.
These parties claim that the G. & 0.
r. r. Co. is not able financially to
continue the road down the river to
Cincinnati, and that as affairs stand
now trade floats almost wholly into
Baltimore. This they are desirous
of diverting. In order to secure
this the parties state that they can
raise S1,O00,000 in Richmond alone
at is evident that Richmond and
other cities directly interested in
this railroad, does not want the road
built to the Ohio river alone, for in
that case they would be in no better
situation than they are now in, by
having the road to Huntington. It
is to connect with some railroad run
ming to Cincinnati and thereby to
the Great West.
''Gallipolis Island is noted as be-
ing one Of the best places for build
ing a railroad bridge across the Ohio
River, and the parties writing seem to
be aware of this. This natural ad-
vantage must bring the road here.
''The following is the letter refer
red to:
81 was much pleased to hear from
you, and have to thank you for
the map Our people are making a
move with a view to r. r. connection
through your city to the Great West
and Northwest. Efforts I think will
soon be made by Richmond, offering
assistance to the Ches. & Ohio r.
Road, or some other party, to build
that connecting link"
If the connection above spoken of
should be made by the G. & o. r. R.
with Gallipolis, the shortest and
cheapest route from that city to
Cincinnati, would be via Jackson and
Hillsboro, over the old road-bed OF
the Hillsboro & Parkersburg R. r.,
now owned by the Southern Ohio r.
r. Co.
In connection with the foregoing,
the following from the N. Y Daily
Tribune, of Feb. Sth, will be ofinter-
est to our readers:
can appeal is made, in another
column, to the few remaining bond
holders and creditors of the Chesa-
peake and Ohio Railroad Company
who have not already funded their
interest coupons and adjusted their
claims, to do so without delay. II
appears from the documents publish.
ed by Messrs. Fisk & Hatch that the
period of greatest depression in the
history of this road is passed, so ia,
as its business and earnings is con
cerned; and there are now prospects
of very much enlarged business
and profits, provided the Company
are left free to add the requisite ia
cilities, equipment, &c. To accom-
plish these results, and to enlist cap
italists IN the completion Of the lines
aohich are to connect the Chesapeake
and Ohio acith Cincinnati and Louis
UiIle, and through them with the en-
tire West, it is an indispensable con
dition that the old disabilities grow
ing out of the panic of 1878 SHOULD
first be definitely disposed of. 1t ap
pears that a large majority of tht
creditors and bondholders have &C
cepted the plan of adjustment bu
that minority probably from mat
tention or a failure to appreciate it
Importance to their own interests
have neglected to take action in th'
matter. A prompt compliance vii
advance the interests of the creditor
as well as the road; while the oppo
site policy can only prolong the pc
riod required for the road to develo]
its capacity to earn enough to NEE
} all its obligations. Pamphlets civ
ing an account Of the condition an
, prospects of the enterprise may b
had of Messrs. Fisk & Hatch"
We trust the appeal of the Cc
will be promptly and favorably rt
sponded to, and that the ensuin
Spring will bring about active move
I ments looking to the early compile
: ton of the Western connections {
: the G. & o. road, of which the Soutl
e ern Ohio road, through this place
Dayton and Cincinnati, is the MOI
: important link.
Abba, Iowa, is excited over pro-
osition made to her citizens by I'll
v Quincy & st. Paul r. r. to exten
= their line to Abba, and locate the
:" repair shops in that place, if the cit
zens Will donate $4,000 to the roa
AS the proposed extension woul
e give the town O direct connectic
is with st. Louis by short line, an
a the money is not to be paid until tt
h road is actually built and running
e the town, and the repair shops erec
IS ed, the proposition is, s,certainly vel
= liberal one, and no doubt will be a