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
Repeated attempts were made to induce the Legislature of Pennsylvania to
authorize an extension of the road in that State, but owing to the
opposition of the Pittsburgh and Erie Bailroad, and especially of the
Pittsburgh, Fort Wayne and Chicago Railroad, the desired permission was
finally refused. The estimated aggregate cost of the road was about one
and three-quarter millions of dollars, and when the principal contracts
for labor and iron were made, there was a very fair prospect of disposing
of the bonds of the company to advantage, and thus, in addition to the
loans effected in Philadelphia, New York and at home, the means to
complete the work were reasonably anticipated. In the Directors' Report of
1854, they were obliged to announce unlooked for embarrassments, growing
out of the altered condition of the money market. The story of the
seemingly hopeless, but finally successful, struggle that followed is told
in another part of this work. At length, in 1857, after five or six years
of persevering efforts, and most perplexing difficulties, the road was
opened through to Youngstown; substantial machine shops were built at
Cleveland, station houses erected along the route, and the coal and iron
of the Mahoning Valley were made accessible by a quick and easy route.
In October, 1863, the road was leased for ninety-nine years to the
Atlantic and Great Western Railroad, which had already laid a broad gauge
upon the track, That company now controls the main line to Youngstown,
with the several branches to Hubbard and the coal mines. The narrow gauge
is kept up for the use of the Mahoning trains, freight and passenger,
while the broad gauge is used by the Atlantic and Great Western through
trains. The track has been extended to the shore of the old river bed, an
extensive wharfage established, and large facilities obtained for
connecting the traffic of the road with the lake commerce.
Public-domain text, read in full here on John Shaqi.
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