The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1890-02-27
West Iren Gate Land and Improves


sured fact, and in the near future we expect TO
see thriving manufacturing town at that
point.
A year ago the company was organized, float
ing $780, COO of stock at 800 per share, par value
500. To-day this stock is worth on the nafheC
500 per share and few or no seners' ou' pieh'9
of buyers. !
In consequence of this success the land I'M
mediatey adjoining Iron Gate, ana lying on uie
same plane, has greatly enhanced IN value anu
has caused a new company to be organized.
styled the "West Iron Gate Land ana improve
ment Company :. A.,
At a meeting of the interest holders in the
new company at the McCurdy House, Ciitoh
Forge, on the 18th instant, temporary orSani
cation was effected, and the capltai1Zation oi
the company placed at $l00,0UG. me eiuMe oMoufM
of chich oas placed in telc minutes. we Jake
that no better evidence of the people s conn
dence in Iron Gate could be shown than tins
prompt and almost unheard OF taking up OF
stock.
The following are the officers of, the comrany:
President, Gov. James Il. Campbell OF ONO
Vice President and General Manager. w. l..
q. Hileman. IRON Gate. Directors b. W. Per
kins, Kansas; J. W. Dorsey Nebraska; ). Z.
NJ. Nettieton and John S. Haun, Covington; T.
A. Cary, Richmond; Frank Woodman Chafles-
ton, W Va; James Crawford nst ana jacob oIs
Hughes, Staunton.-Spnit OF the valley.
The above simple, plain statement OF
facts carries with it its own comment.
Iron Gate has reached its present en-
viable success, without boom IL
was not necessary to resort to sensatlonai
appeals to attract attention and create
confidence Its location and surround
ings. when properly understood and
known, assured this. Apart from being
in the centre of one of the richest IRON
districts in the South, and in the midst
of furnaces in active operation, the va
riety and virtues of the mineral waters
on the property, were sufficient TO JUS
tify the expectations of its projectors.
The primary purpose OF the promoters
of Iron Gate, however, was to make 1t an
industrial centre to work the crude
metal into finished products. 10 tins
end rolling mill has been built, which
will soon be in operation, that Will
| turn out from so to rs tons of iron day.
and employ from $50 to $50 skilled
wOrkmen. A steel plant for the manu-
| facture of crucible steel and the develop
ment of the manufacture OF basic open
hearth steel from the phosphoric pig
iron that is now being made in close
proximity, has been contracted Tor ana
a part of the machinery on the ground.
A stove factory is likewise under con
tact, and other industries contemplated,
which will form the basis of an indus
trial centre of large and lucrative pro
portions. In this it will have no compe-
tition in that section. 1t is the pioneer
movement of the kind west of the Blue
iron furnaces as to give it exceptional
advantages.
All these facts, supplemented by judi
cious management, have inspired public
confidence, and as a result, the remark
able success of West Iron Gate-an addI-
ton to Iron Gate proper-which attend
ed it's temporary organization. The
whole OF the capital stock of this latter
projects ,G00-was laid in few min
ntes. and applications for $1,000 or Us, 600
of stock had to be refused.
We expect to see in a few years con-
tinuous city from Iron Gate to Low
Moor, alive with industries, and teeming
with wealth and business activity. The
basis of it will be the iron ore of that
district, first feeding the furnaces and
then entering into the higher forms OF
industries related to the iron interests.
At Clifton Forge terminate three di-
visions of the Chesapeake & Ohio sys-
I tem-western. eastern and James River
land as a consequence the workshops
of the company will constitute an. i'm
portant factor in the upbuilding OF a
city and the progress and success of in
dustrial enterprises and general business.
1t is here, as Gen. M. E. Ingalls, has fell
eitously expressed it, the Altoona of the
South is to be built, representing every
branch of material industry, and giving
life and prosperity to all other business
endeavors.
If such natural and acquired advan-
tages existed anywhere in the North or
West, another Pittsburg would long
since have been founded. The outside
world, and even our own people. have
just awakened to these marvellous be-
stowments of nature, and now that this
knowledge is being spread abroad, there
nations to which we have referred.
The Trouble Among the Presbyteri-
ans.
The discussion which is now going on
ia the Presbyterian church over the pro-
position to revise the Confession of
Faith, bodies no good for the harmony
of that denomination. OF all things,
religious controversies are the most ire
ligious, and contentious over church
forms and doctrines, of mans creation,
are accompanied by the intensest intol-
erance. In this contention the begin
ming of the end is only now apparent.
Of over two hundred Presbyteries. only
about one-fourth have voted on the
question of revision, yet twothirds of
this one fourth demand alterations of
the old doctrine or creed. Some go so far
as to assert that unless there is a material
change in the confession, they will no
longer preach it.; and others say that
if there is a change they will not submit
to it, So here is diverging point, and
HOW Tile OlHcTeIICcS Call NC duJuStcu ttuu
the difficulty tided over without division
it is not easy to explain.
Non UNCONVENTIONAL and non-seeta-
rian as we are, it strikes us that there is
more of mental retinings in the discus
sions than there is of plain, practical,
common sense religion. All church
forms and creeds are of mans invention.
Upon these there will always be differ
ences. But there is a central truth
which is not Of mans invention, and by
keeping that as the polar star, there
ought not to be insuperabe obstacles in
real christians dwelling together in
unity. That truth is, that Christ died
to save sinners and though the efficacy
of his blood alone is redemption from
the curse obtained. Here all denomina
tions and sects who profess to follow
Christ. ought to find common plat
form, or creed or doctrine. 1t is the
only trne doctrine, and what the Pres
byterans and all other branches of The
church, want most, is an abiding faith
in this central truth, as the controlling
and absorbing thought and inspiration of
their being and action The doctrine or