The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-01-05
The Wheeling & Lake Erie Rail.
road.

Communication In the steubenvill Gazette
Editors Gazette From the long edito
rial in the last Ohio HaRy Mers on III,
Wheeling Il Lake Erie Railroad, its pas
history, present status and future destiny
it would seem that Martins Ferry |,
worried over the result Of the late cleo
ton Tor directors, held at the Office Of
the company; -amdtls. the editor has pre-
sumed to speak upon his own authority
will yon allow reader to take some Oh
jections to his assertions, and point OH
some Inconsistencies.
In the main the Ncrs IL correct n, tc
the early history Of the organization, It.
trials, reverses, &c.
Neither do wO wish to say anything
disappearing Of tho late President or Iii
associates. either in Martins Ferry or
Wheeling. We think the editor take.
too much upon himself in calling those
recently elected eleventh hour friends
and stating that ut Emacks strongly O
ingratitude," &c. All Of those elected
save one probably, are and have beer
among its first hour friends, and have
certainly some claims. Some Of its firs,
hour friends have been treated very dis,
courteously at different times by such
expressions by the officers in charge, as
follows, when importuned TO adopt Ger,
tain measures: $50 home and lend tc
your own affairs. We will take care Of
Martins Ferry and Wheeling" "Stor
certain parties from getting right Of way
l have no confidence in lis Judgment"
Corporations are controlled under the
laws OF Ohio upon their paid up capital
stock. Had Martins Ferry subscribers,
upon which the editor dwells muchly
paid up their stock, Joel Wood and his
associates need not have been so uncere
moniously pitched overheard, neck and
heels.
To what shall wO attribute the singular
good fortune Of the W. j. /. E.. The
brother asks? Evidently, he says, 10 the
iudicious, careful, prudent management
II losing the Wheeling subscription oil
100000, and $4,000 under the bond
law from voted aid, and at least 10 peI
cent from other delays, is good fortune,
then we fail to understand the term
"Judicious, careful and prudent manage
ment.",
And as to the hedging Of subscriptions
DC, We venture 10 say that Martins Fer
ry subscriptions are hedged with "a many
conditions as any point on the road, ant
under the laws OF Ohio they are n
availableto building the road IA any OF
the line.
Notwithstanding the citizens have had
no less than three members in the Direc,
tory for the last five years, and three
members in its Executive Committee out
Of five, the President, Secretary, and parl
oil the time Treasurer, and the books, with
the principal Offices OF the company, and
the city has increased in population and
wealth nearly il not quite double, the
same subscriptions remain, less the
shrinkage, as they were in 1928. From
these and other considerations the stock.
holders resolved upon a different man.
agement. Whether the new Board, com.
posed as it is, partly OF the old manage.
ment, will or can do any better remains
to be seen. They will, however, have this
assurance, that they will not only have
tho eyes OF thofe "unceremoniously
pitched overheard" upon them, but those
OF the stockholders generally, and every
act covert or otherwise will DO scanned
closely. There are many others we
could name that have, besides the late
President, done as much, if not more,
than he has, toward keeping the project
alive through all Of it's blInders, disas.
tiers, and reverses. And some other
points besides Martins Ferry have maid
thousands ofdolIars where Martins Fer.
ry and Wheeling have both given the
road and their representatives the cold
shoulder. ASrocKIoLprn