Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1880-05-25
FAC Virginia Midland lcon,i.

NC Eau trusted that by tins time pfCpara.
tleos would have been mado 10 extend this
road through North Carolina and give us not
only Southern through line, but Increased
facilities 10 all Western North CaroliIa with
lis bright yellow tobacco, 10 reach the Danvillo
and l.anchburS maikets. With this connco
ton. DAnVlllo and Lynohburg could be mado
the largest and best markets for tho collection.
sale and manufacture OF tho fine bright Tobacco %
of Southern Virginia and North Carolina. In
vlcw, also, OF tho iron and coal developod and
brought 10 reach Of market by this extension. il
hfcomcS QUO OF tho most important works TO
Western North Carolina and Southern virginia
and tc this city ever Yet projected. We are
| not surprised at tho antagouism shoWp, wc
think to this cxtentiop, by tho attempt 10
tbaHart tho sa!c CT Tho Midland road. We do
| not Know or charge that those who resisted tho
salo Wero governed by Other than personal aud
peculiarly considerations. 1t is probable that
they Wcio locking wholly to their interests 10
dollars and ccuta, but We do not sec tbst they
con stc plsh aoythiug il successful, (X.ept q
ptsponcmcrt or breakiog up Of tho rcorg,ni.
zall9u, recommtment to tho court, aud a
I1rSe OIL! ti costs and tX3snsci to ocmo out CT
the fund -
ny = 'hht nIot huOlueTS Ci0 mako money
out CT railroads has been given I'D cvtrVBhere
ihey mus: pay by opening up and developing
Inc cCuotry, and 1t capitalists Gu be induced 60
buy their tones it ia as much Ms is cow (y,cot
Ell 10 building new roads.
VIC have been informed that GIL tho bond
holders were satisfied with tho rcorpapiZ ,tion
and agreement to sell. 1t is plain that the
largo stock hodcrs arc benefited and tho small
oots merely loso what HIS 90 real value. Ii is
clearly tho lntrrrst Of tho State. oud especiolly
81 Southern Virginia and Of Dabvillo and
hYrcA6urG. that the Company should bo roor-
eaoz "a as quickly as pcsSibio aud prepared 10
push thc EXCLUSION OF tho road and build con-
tnGplated branches, ADD it is equally clear tina.
tho co1'louatlon Gf litigation postponcs tn, 90
desirable wcrks.
We havo been told that the oil C iops TO the
saio and reorganization arc merely &c Clinic Al.
md Wo havc hoard that the parties making tho
llsf;t aro not really Interested in tho matters
upon which The court must ac'. la othcr words
that those who really desired to suspend tho
salo OF this road and prevent tho important
WolE OF liz reorganization and prevent its cy.
.enslan to North Carolina and its oonst auspt
o0ushtra eoantcIlon, car" rothiug for tho valuo
Ct is stock or bonds. Vireioa has txpcndcd
monty 10 tili llnc, Individuals, counties and
cues aiorg It's track have paid their money for
dcVeldpmcnts of their section. What they want,
what they ak. what they expect is not Oh in-
creased Value OF their stock or dividends, but
athoIouGhly repaired andw.ll equipped audWth
double trains and abundant freight transporta
ION, With Ichcdules fair aud Convenient to tho
people, a6d they will not and ought not to be,
P'caSeu WIN thus useless interfercuco with their
1'asonah'e and proper tEot Citations Lunch
bur1 A{uuncc