The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-02-15
The Prospects for Completing
the r., w. a. Ky.' Road.
EIltons Of the IntollIGencer:

Elitors Of the IntolliGencer:
We desire again to call the special at.
lention Of the citizens OF Wheeling and
Wellsburg, and the country along the line
Of this road, to the present condition and
The future prospects OF the movement for
il. completion during the coming season.
We do not propose TO again go into
discussion OF the merits and importance
Of this road to the citizens OF Ohio and
Brooke counties. This phase OF the
question has, we think, been fully set
forth in former articles. What we desire
now il 10 inform our people rs 10 the
point we'have reached and what we will
be required to do before this road can be
put in working order, ready for the
rolling stock.
Our citizens are generally aware that a
number of enterprising citizens, in con-
nection with the town OF Wellsburg, have
undertaken to raise a subscription Of
$4,000. This has been done to the
amoun, Of about SAT 900, at which point
We are now standing still. We have
thought it best, in order TO save time, to
70 and arrange with the two counties for
The transfer OF their stock, which has
been done, and the action Of the Board OF
Commissioners OF Ohio county is before
the public. We feel satisfied that the
same action will be taken on the part OF
Brooke by the County Court at its next
session.
Now what we wish to say to our people,
and especially those who are deeply in
teres,ed in the completion OF this work,
isthat this subscription must be brought
up to S75, 900, at least, before We can sue
cessiully place our bonds upon the mar.
ket and move this work along as we
should. We therefore again come before
the public for additional subscriptions,
from one share up. We don't wish people
to think that this movement has been a
speculative operation upon the part OF
Messrs. List, Mcclure, Hubbard 4 Co.
We want all our citizens TO take hold on
tho same ground floor and share the large
profits that are (as said by many to be
derived from the gift Of the stock held BY
the two counties. One share of this stock
ia only $50 and is within the reach Of
nearly everybody. tits TO be paid say IN
Ten months, by instalments OF So on each
share.
There certainly can never be cheaper
time to complete this twenty,fOur miles
oiroad. The delay in the work from the
commencement OF the panic OF 1873 has
been great saving TO the road. Iron
that canbe purchased now at S42 per ton,
would have cost in 1873 $50 per ton,
which difference alone to this road would
amount to $50, ,450. Taking this fact, in
connection with the great reduction OF
splice bars, spikes, bolts, cross.ties and
labor, and the saving is at least Sl25, 900.
So that when We look back upon the de-
pressed condition OF railroads for the past
three years, we may, | think, satcly say to
ourselves, rs far az the road is concerned,
that all has been for the best.
The road, II il had been completed in
1873, at its then cost, would have had a
capital Of probably not less than $780,
700, The half Of itwOuld have been pre-
ierred per cent stock, as per contracts
With the Pittsburgh, Cincinnati 4 St.
Louis Railway Co., while the actual capi'
tai upon the plan and basis We propose,
will not probably exceed S250, 900, with
sufficient rolling stock for the use Of the
road, at the same time carrying no debt,
except whatever bonded debt may be
necessary to raise the required amount to
purchase the iron, bolts, spikes, &C., to
complete the road. This Is all we pro-
rS,e to say on this branch Of the subject.
:. What We now desire to ask our people Is
Ihls, shall We all put our shoulders 70 the
wheel and complete this road within the
present yearI kit Of sufficient import
ahce TO our city and the people OF the
Two counties, and those that live along the
line OF the road to make an effort TO that
snay We think this will be the year TO
nn.h the road. All material for railroad
notE Is down to bottom prices as We be-
neNe' This being Presidentmaking year
fpEety!hlng, will be kept at low prices,
nat alter this year wo may look for bet
TF Times and higher prices. In thisyiew
all the circumstances OF the situation
M Hubbard anti myself propose to
',aiotongh!!y canvass this city for subscrip'
Mon', and wehope our friends in Wells,
JlLS and along the line Of the road will
70 likewise. While We are calling upon
% In people we hope that they will also
sal upon theirs, aud not stand back oil
Pu.n Us of with plausible excuses.
We honestly believe that the road will
Ssln short time good paying invest
Ient, and the advantages to our city and
,S ,Ss people and towns along the line o.
~ road should most certainly be q sufh
Sient inducement to give US the addition
- Il material aid asked for in order to pu
,Lt M road through this coming season. i
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