Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-04-13
A BUsIN Ess BASIS FORTHE River
RAILROAD.

hA1hnOhb.
The chief contingencies upon which
the immediate prosecution OF the river
railroad enterprise nov depend, as We
gather from the remarks OF Senator
CAMDEN, yesterday, are:
First, that the people OF the State
shall become part owners OF the stock
OF the road. The agitation OF unfrlend'
~ measures towards existing railroads
in the State, has tended TO make foreign
csuitalists somewhat cautious, and
hence they make this condition prece-
dent 10 anv investment in railroad prop
erty in the State.
Secondly, a survey oil the route and
the right OF way must be furnished by
the counties betweenthis city and Park
ersburg through which the road will
pass. This may be all that will be
asked OF these counties. The money
subscribed for the survey will be re-
ceived as subscriptions 10 the capital
stock OF the road and credited as sucn
when the company is formed. But 1t
will be expected of the counties that
they will secure tine right oil way on the
best terms they can make with individ'
ual owners Of land on the line, and ar
range the details Of such grants as are
necessary without cost TO the company
AMI as the contributions OF the respec'
tive counties to the road, as well as an
earnest Of their good will and support to
the enterprise.
Third, the capital for the construction
of the roai is ready to be furnished im'
me,liately upon compliance with the
above two conditions, provided those
conditions are met at once, and before
any change occurs in the present favor
able condition Of the money market
Capitalists expect that these prelimina'
nv matters be settled AZ once, and the
road be put under contract and Ia,
work OF constru ton b. begun this SIM
mer and the roAl be put in running
order within the next year.
Senator CAMDEN represents that east
ern capitalists are alrea ly familiar Will
the proposed roai; that it is and ha
been for some time past recognized as
Legitimate AMI profitable project, Az,
that they can placs the bonds Of the pro
posed road Just as soon as the enter
prs is properly organized and real!
for WORK.
As We stat ii yesterday, We nos re
Carl the building of this road tixe'
fact. There is no buster or brag aGOu
Senator CANDEN's proposition. /, /!
definite, reasonable, business-hEe. OpeI
the way for ne, and we will build you
roads the message which he brings I,
the people OF the river counties from
men who stand really 10 furnish the
means. We cannot conceive that there
is such a degree o! apathy, OF lack o
self.interests or Of downright stupidity
among the people of any o
the counties as concerned to reject
tbs proposition or allow the oppOrtuni
10 slip. There were very positive as
surances by repres ,ntltlye3 from all the
counties at the meeting Yesterday, that
the right OF WAY would be furnished
an We believe it will. There are but
two counties, Marshal and Weyzal, in
which any material difficulty in obtain
ins the right OF way was limited at, and
these were the two counties which
would derive peculiar advantages from
the building of this roaa. What the
people OF Marshal and Wetzs
most need to get the full
benefit Of the line OF railroad already
running through their territory is 70
have competing line. They wait the
connection which this road would give
them with the Pennsylvania system
and with the Chesapeake and Ohio syS'
TEN and other connecting lines. Such a
connection would make Moundsville a
competing point, and would give it every
advantage that Wheeling nov pos
sasses. IL would make both Mounds.
vile anu New Martiasville anon.
the mos. wealthy ami prosperous cOm-
munities in the state within five years
from the time the rOSi is open. There
is no, a county along the river that vii.
not derive one hundred per cent. more
baneh; from the roGd than il will cost i;
under this proposition. Not one OF
them can afford to lose the opportunity.
The meeting here yesterday did all that
preliminary meeting could do to put
the project on its feet. 1t has opened
the wG7 for each county 20 90 TO work,
and now We hope there will be no
tagging. no pulling back, but lively
movement forward all along the line.