Cleveland Past and Present: Its Representative Men: Comprising Biographical Sketches of Pioneer Settlers and Prominent Citizens
History
Cleveland Past and Present: Its Representative Men: Comprising Biographical Sketches of Pioneer Settlers and Prominent Citizens
Cleveland (Ohio) -- Biography; Cleveland (Ohio) -- History
John M. Woolsey was sent to Cincinnati to negotiate the city bonds with
the Ohio Life and Trust Company; to Pittsburgh to ascertain upon what
terms iron could be obtained; and to Philadelphia and New York to enlist
the sympathy and help of capitalists. The mission was a failure. The
common strap iron of that day could not be obtained without cash on
delivery, and the money could not be procured on any terms. Cleveland was
too far off, and entirely unknown to the moneyed men of the eastern
cities. Thus, in the Spring of 1847, one of the very darkest periods in
our history, it was determined to abandon the enterprise for the time, and
await a more favorable season.
In this desperate extremity Mr. Hilliard and Mr. Payne volunteered another
and last effort of three months personal labor to arouse their fellow
citizens to a proper sense of the importance and ultimate value of this
grand undertaking. By patient perseverance they succeeded in securing a
leading subscription of five thousand dollars from Leonard Case, who also
consented to become a director of the company. The ultimate result of the
solicitations was the subscription of about $40,000 additional to the
amount previously pledged. About the same time an accession of the utmost
importance was made when Alfred Kelley, of Columbus, accepted the
presidency of the road, contrary to his inclination to retire from further
public duties and to the strong remonstrances of his personal friends.
Through the influence of Mr. Dwight, of Springfield, Mass., the directors
secured the services of Captain Childs, well known among Eastern
capitalists as a skillful engineer, and his endorsement of the company did
much to advance its credit abroad. But it was still necessary to secure a
large disposal of stock at home, and to effect this, a liberal additional
assessment upon the friends of the road was made and accepted. Mr. Childs
finally recommended Mr. Harbeck, who, in company with Stillman Witt and
Amasa Stone, Jr., undertook and carried out the building of the road to
its completion.
In February, 1851, the first through train arrived from Columbus, bringing
the State authorities and the Legislature, to celebrate the union of the
two cities. Thus the Cleveland, Columbus and Cincinnati Railroad was the
pioneer of the series of the now enlarged, and most important enterprises
so clearly identified with the growth of the city. The chairman of the
building committee stated at the opening of the new depot, that during the
entire building of that road, there was not a dollar paid as a bribe to
either the Legislature or the City Council, to receive their favors.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account