Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1882-04-04
RAILROAD NEWS.

Cincinnati Enquirer, yesterday: From
street rumors, it can be inferred that there
NAV be room for additional speculation
relative to the probable future of General
Manager Caldwell, who will on the LIST of
MAY, retire from the service of the Penn
syIyania Road Rumor has had it for some
days that he was to become president of the
Nickel-Pated," with his jurisdiction ex
tended to the Ohio Central He may
be made president of the Nickel
Plated" There is nothing to warrant the
belief that he will not, yet there is nothing
certain that he will be- 1t viii be remem-
bered that the Seney syndicate. which is at
the head of the "Nickel-Plated Road, is
also the controlling financial spirit of the
East Tennessee, Virginia and Georgia sys-
term. E. W. Cole, president of the East
Tennessee, Virginia and Georgia, is in good
health. Some six months ago he expressed
desire TO take rest for few years, indi
eating that he would like to travel through
Europe during the term of his absence
Tie company expressed willingness to
accommodate his wish, believing it
would be both to his and the
company's benefit to grant him the desired
leave of absence, with hopes that he might
regain his former physical condition. Presi-
dent Cole would have rendered his resigna-
ton before this could the company have
found a proper person TO fill the position
Information reached the ears of an Enquirer
reporter yesterday, which is to the effect
that Mr.. Caldwell viii be rendered the presi-
dency of the East Tennessee, Virginia and
Georgia Railroad instead of the ''Niekel-
Plated" Colonel Cole is one of the &C
knowledged railroad managers in the
United States as is also Mr.. Caldwell Con-
sequently what the road will lose in the re-
tirement OF Mr.. Cole viii be made up by
the appointment of Mir. Caldwell. This is
not given as q fact, but only as a rumor
vet there are reasons to believe that such
may be the case.
PROPOSED CONSOLIDATION.
At meeting of the board of directors of
the Memphis and Charleston Railroad, held
this afternoon, the plan for consolidation
with the East Tennessee, Virginia and
Georgia Railroad was favored, and the
stockholders have been called to meet the
22d of June, to confirm the proposed con-
solidation.
| TENNESSEE AND sEoUATCHEE VALLEY RAIL-
ROAD.
Chattanooga Times: Work has been re
sumed In real earnest on the Tennessee and
and Sequatchee Valley Railroad, and 100
men are now employed. The force is at
present engaged between Spring City and
Gum Gap, and viii finish the track and pre-
pare it for the engine by Saturday. Capt.
Gates will commence work on the Gum
Gap bridge ON Monday. 1t will be 500
| feet in length. The distance from the gap
| to the coal mines is eight miles. The track
is partially graded between the gap and the
mines, but considerable work is yet neces-
sary- sufficient to consume two months.
4 trestle 200 feet in length must yet be
built on this section. The road can hardly
| be finished to the mines before August l.
| The distance from Spring City to the mines
| is eleven miles. As soon as this stem Is
completed work will commence on the road
to extend from Spring City to the river.
| This road will be six miles In length.
BRisToL's NEW DEPOT
| Bristol Reporter: The new freight depot
at this place, one of the finest in the South,
| to be used by the Norfolk and Western and
| the East Tennessee, Virginia and Georgia
! Railroads, which are now under one man
| agement, is completed and will be occupied
| to-day The work of demolishiRg the old
| depot will be commenced this evening. Mr..
| Chas. E. Finch, who has for several years
| past been the agent of the Norfolk and
| Western, formerly A. NJ. Il o. &. R., has
been appointed agent for the consolidated
line at this place, complement to his eff
cheney well deserved. The new arrange
ment displaces Capt S. Y. B. Williams, the
courteous agent of the Tennessee Road; G.
W. Weaver, yard master; Clarence NJ.
Frost, clerk in the depot; n. B. Hayes,
blacksmith-all on the Tennessee division
and Jno. Homer, an employee on the Viz
| ginia yard. The Western Union telegraph
Office will be moved to one of the rooms in
the passenger depot Two additional tracks
from the Virginia to the Tennessee yard are
being constructed. A great number of
hands are at work on the yards, and the
changes thereon in the next few days viii
| be considerable.