Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1902-01-09
PENNSYLVANIA BUYS
W. VA. CENTRAL R. R.
Gould interests Outmanoeuvred
by the Shrewdness of Presi-
dent A. j. CaSSatt.
He PROVED TO BE BETTER BIDDER
The Amount He Offered Was
$l7,COO,OOO.
This is S1,O0O,0 900 More Than Was offered
by the Gould Interests Pennsylvania
Now Controls Every Railroad and Every
Coal Field In West virginin-Detailso OF
the Deal

Parkorsburg, W. Va. Jan. G. The
West Virginia Central and Piltsburg
Railway has heen sold to pennsy Ivan Ia
Railroad interests for SIT, 001,UO 1t
was to have been part of Wabash q
through line to the Seaboard.
The Pennsy tvania Railroad now has
every read and every coal field in this
State.
BIG GAME OF STRATEGY.
Wheeling, w. W. Jan, g. The Guulds
have lost their grip on Their contem
plated through route from tina Pacific
to the Atlantic by blow administered
by senator Stephen b, Elkins and his
athfr in-law, OK Senator Henry q.
Davis. Today all negotiations wero
oinched by the Pennsylvania system
for the purchase OF the West Virginia
Central Tor ali, co., 900.
The EIkins. Davis combine seemed
hand in glove with the Goulds, who be
lieSed they had first mortgage ON the
saie OF the road. 1t was the Gould
scheme to put o trunk line through
West Virginia by way OF the Little
kanawha -uu from tide water to the
Great Lakes, combining in Ohio with
the Wabash system. The TACT that the
Elsins- Davis combination bought
51,0 10 acro5 OF PittHhurg coal land in
the counties o. the Little Ranawha Val
Icy lent color 10 reports of its alliance
With the Little lisnawha Co and the
interests beh nd it IN the background.
IL was generally understood that the
GouIds relied upon Messrs. Elkins and
Daris for the eonsummation OF their
planl.
But the Pennsylvania, through Presi
dent a. j. assault, oulwitted the New
lorK magnates and offered Tor the West
Virginia t'entfal Si,t00, 900 more than
the GonIds had arranged 10 paw. Mr.
Elkins jumped at the opportunity.
Thus the pennsylvania has blocked the
Clouds ut time when they most eA
rectai SUCCESS in their outlet to tine
seahoard
Tho West Virginia Central is nne OF
the z; eAte4t coR, roads, considered from
the Tonnage point of view, in the coun-
try. Along its main line from Cumber-
land to keyser, llllxins and its branohea
the Davis.EllSins comb nation owns
and operates 10, COO aures OF coal lands.
The main line OF the West Virginia
Cenha and Pittshurg Railway extends
from West Virginia Central Junction,
near Piedmont to Elkine, distance
OF "a miles.
1t also lenses tbes Piedmont and Gum
bertrand road, % miles There are the
following branch es to the main line:
Harrison 10 Elk Garden, miles.
Thomas TO Davis. G.3 miles
Elkins TO lexington, II. 6 miles.
Elkins Junction to Huttonsyille 16.
miles.
During tho last year the road has
heen extended 10 Caldwell, on the
CheapeaKe ~ Ohio line, near The White
Sulphur Springs. This extension is
built by tho Coal ana Iron Co., the en-
tire capital stock being owned by the
West Virginia Central. 1t constitutes
an important connecting link.
The railroad company owns the prop
critics of the DAVIS Goal and Coke Co. i,
o1mpris ng thousands Of acres of oosl
and timber land The total gross earn
ings in 1900 were 81, 10s, 1902.