Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1881-09-09
GOOD NEWS!
KNOXVILLE STILL BOOMING,


KNOXVILLE STILL BOOMING.
A Direct Connection With Cincinnati
Assured.
Colonel Cole Makes a Contract with the
Kentucky Central.
The Connection to be Made by Next July.
In our issue of yesterday morning we
mentioned that rumor prevailed in Cincin-
natl to the effect that Colonel Cole was about
to form combination with C. p Hunting
ton and associates, owners of the Chesa-
peake and Ohio and the Kentucky
Central roads, with view to controlling a
line south, which will be more advantageous
to his system than if he had succeeded in
leasing the Cincinnati Southern. When we
wrote the paragraph, we hardly thought
that the rumor would grove true SO soon
But the following telegram received yester-
day by Mayor Staub from Col. McGhee,
shows that the contract has been made, and
that the connection from Cincinnati south,
by way of Knoxville, is already an accom-
pIished fact;
New YORK, Sept. 8.
Hon. p. Stan6, Mayor:
A contract has been signed between the
East Tennessee, Virginia and Georgia and the
Kentucky Central railroads, which secures
to Knoxville direct connection with Gin
cinnati, the connection to be made, if posi-
bic, by next July. c. NJ MoGHEE.
The following Associated Press dispatch
was received on the same subject
: NEW YORK, Sept. S.-An agreement has
been signed by f. W. Cole, president of the
East Tennessee, Virginia and Georgia system
of railroads, and c. P. Huntington, which
secures for the Cole system fourteen hundred
miles of road, and connection with Gin
cinnati and the West. via Knoxville and the
Knoxville and Ohio division of the E. T.,
V. q G. Railroad, and over the Kentucky
Central Railroad. The work of connection
is expected to be completed by next July"
The completion of this line puts Knox
vile within 266 miles of Cincinnati, or y
miles nearer than Chattanooga. Now the
people of Cincinnati and Louisville and
of tn Northwest, will realize that the short
est route to the sea is by way.of Knoxville.
The Western North Carolina connection
will be completed within year, and then
Colonel Cole, over his system of roads, can
reach Charleston with freights from Cincin-
natl at a distance of less than 500 miles.
This last move of Colonel Cole is one of
the most important to Knoxville and all East
Tennessee that has yet been made on the
great railway chess-board. 1t makes Knox
vile one of the most important railroad
centres south of the Ohio River.
And the completion of these northern
and western connections will make the con-
nections south necessity. Instead of de-
pending upon few inland cities for a
market for the products of their mines our
coal miners will have the whole South, in
SiouihS tho htidutlc SeapOrtS, III Wnlcn 10
dispose of their coal, and instead Of few
hundred men employed they will have
work for thousands. The completion of
the various lines of railway running out
from East Tennessee in various directions
will bring our iron interests into prominence,
and where there are now thousands invested
in this branch of industry there will be mil
lions.
We have neither time nor space at this
hour to comment at large on the very great
advantages to accrue from this last move
ment of Col Cole. 1t will be seen by oul
press dispatches that this contract with
Huntington adds largely to the impor.
tance and extent Of the Cole system.
He has been called "King Cole" and he il
fast becoming railroad king indeed We
have confidence in Colonel Coles ability to
manage the interests committed to his
keeping, and we congratulate the people OF
East Tennessee and of the South upon the
fact that these great thoroughfares of trade
and commerce are to be managed by one
who is profoundly interested in the material
welfare of the section. Knoxville is on a
big boom. and the whole South is booming.