The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1890-10-23
The Clifton Forge Boom.
THE WORK GOES BRAvELY ON AND PROSPECTS T
BEGIN TO MATERIALIzE.
Clifton Forge and Iron Gate Raview Oct 10

THE WORK GOES BRAvELY ON AND PROSPECTS
BEGIN TO MATERIALIZE.
Clifton Forge and Iron Gate Review, Oct. TO-
At meeting of the board of directors of the
Clifton Forge Company, held on the night of the
18th, it was decided to build u street railway the
cars OF which are to be propelled by a dummy
engine The line is to begin at the corner of
FIRST and Church street, thence along Church
street, crossing Smiths creek, on the new bridge
now under contract for constructions to McCor-
mick Boulevard; thence along Mccormick to
Olive street; thence back across Smiths creek to
Vulcan street; thence NORTH parallel with vul-
can street to the Williamson line; thence south
along Kensington avenue to Mary avenue
thence north to Benton street, thence along
Benton to Madison; thence south along Madison
to High streets; thence along High to Clifton
then along Clifton to Palace Boulevard, and
thence along Palace to Prospect Walk, making
complete circuit of the city and passing within
a few blocks of every lot now mapped out by
the Company. This line the Repie,o is assured
will be constructed quickly as it is possible to
do so, and will be finished, equipped and in,
operation by Christmas
In addition to this it was also decided by tine
company to build water works ON the plateau
above the city in section two, SO as to supply
water to every part of the entire city as ROW
laid off.
At the same meeting it was also determined
to erect a second hotel to cost about $4,000 on
the hat In section one, on the lot reserved for
that purpose.
The board of directors also engaged two
prominent business men to go north to conclude
negotiations with several large Industries that
are to be transferred to Clifton Forge
The above speaks for itself and no comment
of the RevielU can add any weight or import
ance to the very great significance of the work
of the board of directors
This means business! 1t will make business;
it will secure business; it will bring business and
be business! Real estate will advance, houses
will go up and the mnsic of industry be heard!
Now let the investor come and prosperity will
surely reign in our midst. There will be SIM
shine in every heart, plenty at every door, and
happiness in every home.
The Inauguration OF system Of enterprises
such as we have indicated, is only the "begin-
ming of the end'' of what is to follow and proves
that the management of the Clifton Forge Com
pany do not propose that their solemn pledges
| shall go for naught. They do not propose that a
| few on the inside or ground foor.' shall be the
only persons in town able to build large brick
blocks and houses to be rented out at fabulous
and ruinous rates. They don't propose to build
steel plants on paper kindle the fires of a fur
mace with prospectus tapers.
/ They don't propose to issue Naming advertise
melts calculated to induce men of small means
| to buy lots aad-the sit down in silence.
| They don't propose to stand idle and let time,
and doubt, and suspense, and uncertainty, and
need, and want, squeeze and squeeze, and
squeeze the stock Of the Company until the in
tegrity of the hoard becomes question for pub
lie debate and the fair dealing of the directors
a theme for unfavorable comment
The men of the Clifton Forge Company are
| showing their hand and the Rcpieap believes
| they intend TO do everything they promised to
do, and mosa if they can.
! Let Clifton Forge boom she deserves to be-
and soon will be- "The Altoona of the South ~