Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1883-08-07


The wheat crop is now practically harvest
ed, and good yield is reported from all
over The country. The corn crop is unpre-
cedented, and the other cereals will be
abundant. In addition to that, our rail.
road adyiCes are that there is a steady and
healthy prosperity in every branch of busi-
ness. The shrinkage in the last two years
in all kinds of securities has been so grad
ual and yet so thorough that it has liqui.
dated without panic and 1t has lett all
business with very short lines OF credit
and in a very healthful condition. Maui.
featuring is becoming active again in all
fabrics, Cotton and wooden and the iron
trade are beginning 10 revive. am sure
that | never saw a better outlook for
years business for the railroads
The MagnRte I'm Pennsyiyania
What do You ii TX OF the outlook for
he railroads and, principally, Ndndero dit
propertes?'
ut is first.class. We are constantly at
work upon our different railroads, ms aEing
Improvements to track and rolling stock,
and pushing extensions that cannot but ada
largely 10 our revenue. In the western
lart of Pennsylvania Mr.. Nduderbiits en-
terprises are pushing vigorously into the
Connellsville and CleariieId coal region,
and when his system Of coal roads there,
embracing nearly 400 miles, is completed,
we will be able to feed both the Lake Shore
and New York Central from the richest
coal and coke region in the United States.
These branch roads viii add largely to our
business and will put us in possession of
the most
Valuable Kind Of Traffic.
One OF these roads, the IoughiOgheney.
runs direct from Pittsburgh 10 the Con.
nellsville coal district. Ii connects with
the Lake Erie and Pittsburgh, one of our
roads, and then continues north to Ashta-
bula, where it connects with the Like |
Shore. While the Pine Creek road, which
we are building, and which connects the
Reading system and the New York Central
roads, will bring to the latter an enormous |
amount OF business, the South Pennsyl- |
vania, another new line which Mr.. Wander |
bilt projected is in process of construction
south from Harrisburg to Pittsburgh. 1t |
connects with the Pittsburgh read and |
this gives the iron interests direct outlet |
over the Lake Shore. What is known as |
the Vanderbilt system when completed |
will be the
Greatest System I'm the World,
and will reach the most productive, aGri- |
cultural, manufacturing and commercial
territory in this country. 1t now consists
of the New ork Central and Hudson Rlv-
er railroad $50 miles Lake Shore go miles,
double track, Canada Southern and MlChi'
gan Central 4J0 miles, double track, North.
western 450 miles, Nickel Plate so miles.
or full 6,000 miles Of double track quad
ruple track, not to speak Of thousands OF
miles of side track, etc. In addition TO
his large interest in each of these rosds
Mr.. Vanderbilt has blocks % Rock Island
and Burlington stocks said Mr.. Depew, and,
turning to Mr.. Vanderbilt the correspond
ent asked:
"Do you own any stocks or bonds OF the
West Shore road?"
mot dollars worth, although have
had ample opportunities offered me 10 in.
vest in them. | will tell you principle
have always made in life young man, that
is Ito.
Void on TO Good thing
rt.. It. When | have been in |
re the Lake Shore aud New YORK
{. . ia. for years, and have always seen
them pay good dividends aud pay taeir in.
terest promptly, when | know the improve
ments which are constantly being made to
the property and see what the outlook Is.
why should | be especially CONCERNED
whether the stock is a little higher or low
er ole day than the other: ] know what
there is of these roads Why the New
York Central has real estate property in
New York City alone that is worth more
than the entire plant, equipments and ey-
erything else of some rOaIs which seek To
compete With US from New York 20 Bltfi.
10. 1t is very strange, when there are 50
many good properties TO invest in, that
people will put money into such wildcat
specui uiations. ] tell you there will be
great many people surprised when the time
comes for the opening OF the I
Strong Boxes
OF many who are now termed millionaires,
and they see the number OF cats AMI dogs
slowed away as securities.
"Do you expect you will be able to com
pete with the West Shore in the way OF &c
commodations when the new road is fairly
openT
"Why, OF course we do. What nonsense
this talk 10 about tbr New TUTk Central
not being equipped in the most substantial
and comfortable manner. am Wiling 10
make the statement and defy contradiction
that there is not better built or equipped
railroad than the New York Central ia the
United States. Anyone who claims other
wise does not know what he Is talking
about. All nf our cosches may not be 30
pretty appearing as some OF the new cars
on the other roads. but they are built In
the safest and most comfortable manner |
possible. only wish that people would
icok into things carefully before they be- |
pin TO complain. You ask about the depot |
At Schenectady, for instance. The people |
Of that city complained because We did |
not build a new one. 1t is the fault OF |
few property owners who refused TO let US
have the
Requisite Right or Wsy,
until they consent we cannot build new
derot at Schs nfctsdy."
do you ever intend 10 have a large
depot at Chicago for the Michigan Cen
trslT'
Il have ell along been willing to 60 In
with the Illinois Central people aud bald
q fine depot there. bat it Is insisted that
other roads shslI be brought in under the
same root. OF course | won't consent 10
that, and ! an surprised that any one
should think would consent to such an
arrangement. Supposing. young man, thst
you were running newspaper and had
fine printing Office. and another paper.
rival OF yours that did not have any ofti e
and could not get one OF his own came
along and asked pom 10 give IL the benefit
Of all your type and presses for almost
nothing, would you do it' g1e's not,
snd you mAy be sure will not consent TO
build a new dep0. in Chicago or auy yWhere
else for other rival lines to use"
An AspiyersaFy.
PrTTsBUReB. August 6-The one hun
dred aud twentieth anniversary of the bat
tie OF Busby Run, in which Col. Henry
Boauet won an important victory over the
French and Indians, was celebrated to-day
on tie battle ground, in Wsstnoreland
| county. Over seven thousand persons
| psrticp pated in the exercises. Addresses
were delivered by Rev. G. McCourt, of
| Green Castle. Pa, General James A. Beav.
| er, and others. tt is proposed TO mark the
spot with monument