The Story of the Rome, Watertown, and Ogdensburg RailroadHungerford, Edward
History
The Story of the Rome, Watertown, and Ogdensburg Railroad
Hungerford, Edward
Railroads -- New York (State) -- History; Rome, Watertown & Ogdensburg Railroad Company
His touch with the R. W. & O. came physically, by way of the contact of
the Delaware, Lackawanna and Western with it at three points; at Oswego,
at Syracuse, and at Rome--this last, at that time through its leased
operation of the Rome & Clinton Railroad, which ceased July 1, 1883. He
had looked upon the development and the despair of the Rome road with
increasing interest. His careful and conservative mind must have stood
aghast at the foolhardiness of the Lake Ontario Shore venture. Sam Sloan
would have done nothing of that sort. The railroad that he dominated so
forcefully for many years--Lackawanna--would have taken no step of that
sort. Trust Sam Sloan for that.
And yet, despite his evident dislike for the property, the R. W. & O. had
its fascinations for him. He must have seen certain opportunities in it.
The fact that it touched his own road at so many points, and, therefore,
was capable of becoming so large a potential feeder for it--despite the
malign influence of those Vanderbilts with their important New York
Central--must have appealed to the old man's heart. At any rate he took
direct steps to gain control of the Rome road.
* * * * *
The precise motives that impelled Samuel Sloan to gain a control of the R.
W. & O., and having once gained a control of it, to conduct it in the
remarkable manner that he did, in all probability, never will be known.
One may only indulge in surmises. But just why he should seek, apparently
with deliberateness and carefully preconceived plan, to wreck what had
been so recently the finest of all railroads in the state of New York is
not clearly apparent even to-day.
Sloan was a man of many moods. Receptive and interested to-day, he was
cold and bitter to-morrow. One might never count upon him. He flattered
Marcellus Massey, raised his salary as the President of the Rome road from
$7500 to $10,000 a year, and then induced him to purchase large holdings
of Lackawanna stock, putting up as collateral his large holdings of the
shares of the R. W. & O., just beginning their long drop towards a
pitifully low figure--all the time holding the bait to the old President
of the amazing property that he was about to upbuild in Northern New York.
So, eventually Sloan ruined Massey, financially and physically, and a
broken hearted man went out from the old President's office of the R. W. &
O. in Watertown.
In 1877, the year before the Rome road all but created financial disaster
in Northern New York, Sloan had bought enough of its bargain-sale stock to
have himself elected as its President. The official roster of the road
then became:
_President_, SAMUEL SLOAN, New York
_Vice-President_, MARCELLUS MASSEY, Watertown
_Treasurer_, J. A. LAWYER, Watertown
_General Freight Agent_, E. M. MOORE, Watertown
_General Ticket Agent_, H. T. FRARY, Watertown
_Supt. R. W. & O. Division_, J. W. MOAK, Watertown
_Supt. L. O. & S. N. Division_, E. A. VAN HORNE, Oswego
_Directors_
Public-domain text, read in full here on John Shaqi.
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