Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1888-03-27

river, at or heal st. Albans, thence up
Coal river 10 the Forks Of Coal; thence up
Big Coal river to the Boone county line,
just below Bull creek. Distance by river,
twenty-seyen miles. Amount to be appro-
in county bonds to this railroad,
$50. 666, 81.
e. A railroad from the Great KanGwha
river, at or neal Charleston, thence up said
on the north side thereof to the
Fsyette county line, at Cannelton. Dis
lance by river, twenty seven miles.
Amount 10 ba appropriated in county
bonds to this railroad, $33, 1888 SO.
The bonds to he coupon bonds and to run
thirty years, and to bear six per cent. in
terest payable semi.annually. 1t is shown
By the petition that the assessed valuation
of Ksnawha county is SOL, III; that her
indebtedness does not exceed SIS, 900; that
i've per cent. of 81, 600, 900 is S35O,0OO.
Deduct the present indebtedness, and
there would be S275, 600 left, which would
leave SIS, 600 of q margin after the $780,
900 had been appropriate.
Many o city would be glad TO have ouch
q margin to come and 90 on. Wheeling
which is q conservative city, has just con-
tracted to issue $500, COO of bonds for rail-
road betterments, which leaves her mar
gin no greater.
But that is not all. 1t is further and
couclusively shown that at the present
rate of taxing railroad property in Kama
VIVA ION q valuation Of 5000 per mile),
the tax receipts on the seventy-ive miles
of road would pay six per Centum on the
bonded Indebtedness, a. sum that equals
the interest on the bonds. The roads are
to be OF standard gauge, constructed IN q
substantial and WOrkmaplike manner, and
to be constructed by December 3lst, 1890,
or else the appropriation becomes null and
void.
Above is outlined the main features OF
the initial step Of enc OF the grandest
strides forward that Ksnawha county has
ct conceived.
The REGISTER hopes and believes it will
be promptly and fayOrably acted upon.
Even if the county did not get in direct
return half the interest that is claimed,
the indirect advantages will be incalcula-
bic.
Eventually, and shortly, the railroad up
Elk means q connection with the DAVIS
and CAMDEN roads, and almost an air line
n~Crthea9;erly to the Baltimore and Ohio,
and the Pennsylvania systems, besides
opening up all the inland counties OF the
State, through which it passes to the
Charleston merchants and markets.
The road up Coal river to the Forks Of
Coal, will reach and open up what is said
to be one OF the largest coal fields in the
world.
The line up the Great Kauawha river to
to the Fayette county liueat CanneltOn is
a continuation of the Ohio snd Kauawhs,
with its terminus now at Charleston. This
will open up a new lire OF transportation
to the coal operators already in the field
on the north side OF the Kanawha, which
will give them additional and larger mar
kets for their coal and coke, viz: Chicago
and the Northwest.
Taken altogether, the outlook of Kama
wha county for a bright and prosperous fu-
ture was never better and this step, so we'll
begun by leading citizens should not lag
or miscarry. It's coDsummatiOn will De wide
reaching in its character and of greater
value to the lower end Of the State than
one wOuld at 6rst suppose. The push and
enterprise of Ksnawha will have a moral
effect upon contiguous counties that can
not help but result in general good.
Are there any other counties to hear
from? If so forward the news, and the
REGISTER will send it forth to the world
and its thousands of readers, that it may
grow ripe and bring good fruit, that will
yield large returns to pluck and energy
w~hereyerit abounds.