Evening star. [volume] (Washington, D.C.) 1854-1972, 1878-07-10
GEORGETOWN.

The RAILROAD MEETING called last night at
Forrest Hall, in the interest OF the Washing
ton, Cincinnati and st: Louis road, was we'll at
tended-a large number Of prominent mer-
giants OF this place being present. Mr.. VIM
II Ienncy was chosen chairman and Mr.. John
NJ Waters, secretary OF the meeting. MIR. Ten.
ney spoke Q! GeorgetOWn'S past experience
with railrOadS-the corporation having sub
SScribed and paid $4,000 20 the Metropolitan Il.
4, which was to have come to Georgetown
The road did not come and the money was
lost. He showed that by the terms of the sub
criptlOn asked Tor this road. nothing could be
lost. as nothing was TO be paid until the road
vas hnlshGd and III running order to Falls
Church. He spoke at some length OF the ma
tufai resources OF this town, and how that by
reason Oh railroads in other places George
town former large trade from Mont gOmery
county, Md. and from Virginia, had been car
fieu elsewhere, the canal being our only source
OF trade. He showed that Georgetown was
the natural terminus of railroad from the
west through the Valley OF Virginia George.
town j. nearer the Ohio river than anv town
Oh nayigable water.
Mr.. Horst, the president of the narrow guage
faliiOad, was then introduced. He said that
In l-ll the general assembly of Virginia had
granted to his road an open" charter-a
tnlng almost unprecedented for Virginfa-by
which they are not confined to particular
route, but to begin at some point opposite the
DlStrlct OF Column bld and go through any part
OF virginia to West Virginia; that their cap:
ltal stock is Sl5,WO,Uol and that they can hold
real estate to the amount of 100000 in any
county of Virginia. He said that this road
would, in time, be built to Chicago: that il
TOOK the Baltimore and Ohio railroad Is years
10 Ieach the ONO river and the Chesapeake
and Ohio railroad about the same length of
time. He showed the proposed route Of the
road TO be through the valley of Virginia
through West Virginia to Ohio: thence to Gin.
clnnatl, Ierre Haute, st. Louis, indianapolis,
and thence to Chicago passing through the
finest iron district on the continent and large
mines or Sp'int and camel coal; that by his
road the Splint coal would be so miles nearer
Underwater than by any other road, and, of
course, freight on that proportion would be
saved. In reference to the narrow guage sys.
TEN he said it could be run az one half the cost
OF broad gudge road: that its CAPACITY was
equaito that of broad guage road nd greater,
because II did not carry as much dead weight
The speaker acknowledged that his interest
IN the road was iron situated a hundred
miles from here, but that he would be the last
TO reap the benefits of the road, Georgetown
the first: that il there was no delay IN getting
the SUBSCRIPTION, in sixty days the road would
be completed 10 Falls Church-(a certificate
from MIR. II. w Brewer was read, that the road
was already graded to that pOint,) and that
IL would be Immediately built on to Harrison
burg. The speaker, continuing, said that if
Georgetown had come forward at first, twenty
hYe miles OF the road would have been already
graded at this end He said that the length OF
the road was 800 miles, and would only cost
three and half millions of dollars and that
III few years the stock would be worth more
than the fOnds. The plan is to cross the Po-
tomac on the piers of the Aqueduct bridges
paving the bridge company cent per pasfen-
ger, 3centss per ton for light freight, cents
per ton for heavy freight SIS 900 has been sub
scribed by Georgetown, about 5000 being
subscribed last night, This leaves $4,000 to
make up the $4,000 asked OF Georgetown It
is believed that the amount win be raised.
CATTLE MARkET.-Number of cattle on the
MAJ ket %-sold at TO sc. per h.; 1850 sheep
and lameS-sheep sold at 81 to 413c. per lb,
sold at SIS to $40 per head.