PHILADELPHIA AND KENTUCKY.
MIAYSVILLE BIG SANDY RAILROAD.
TRADE OF THE SOUTH-WEST.
RESOLUTION OF THE PENNSYLVANIA RAILROAD DIRECTORY.
Correspondence
between Col. Patterson, Col. Stevenson, and
Edward Miller, Civil Engineer.
PHILADELPf1IA:
BROWN'S STEAM POWER BOOK AND JOB PRINTING OFFICE, LEDGER BUILDINGS
1.53.
RESO.LUTION
.Adopted by the Board of Directors of the Rennsylvania Rail-
road Company, June 9, 1853.
Whereas, application has been made by the President of the
Maysville and Big Sandy Railroad Company to the citizens of
Philadelphia for aid, and a request made that the Board of
Directors of the Pennsylvania Railroad Company should express
an opinion on the subject: And Whereas, in the opinion of this
Board, the Maysville and Big Sandy Railroad, now the only
link remaining unprovided for to connect Philadelphia with
central Kentucky, will secure to Philadelphia an important link
with Kentucky and Tennessee by a direct railroad of uniform
gauge to be worked in close connection with the Pennsylvania
Railroad, by which the revenue of this Road will be greatly
increased: Therefore
Resolved, That this Board recommend to the citizens of Phila-
delphia such aid as will secure the construction of this Road,
which will be returned to them by increasing the trade and
commerce of Philadelphia.
CORRESPONDENCE.
PHILADELPHIA, 4th June, 1853.
COL. THOS. B. STEVENSON,
President Maysville and Big Sandy Railroad Company:
Dear Sir :-I am instructed by the Committee appointed at a
recent meeting of the Board of Trade, to ask that you will have
the goodness to furnish them an estimate of the prospective
trade of your road, with any statistics you can conveniently
communicate, showing its probable value as a feeder to the
Pennsylvania Railroad.
Respectfully and truly yours,
W. C. PATTERSON, Chairman.
PHILADELPHIA, June 7, 1853.
COL. WM. C. PATTERSON, Chairman, 4 c.:
Dear Sir.:-In reply to your note of the 4th inst., I submit
a general statement in regard to the probable value of the
Maysville and Big Sandy Railroad, as a feeder to the Pennsyl-
vania Railroad. It should be observed, at the outset, that the
statement is to be regarded as conjectural, for the very reason
that the lack of communication which this road is designed to
supply, deprives us of accurate statistics on which to base
calculations. But it is hoped that enough authentic matter will
be contained herein, to justify any liberality of outlay on the
part of Philadelphia in aid of the road.
The Company was organized in July last, under a perpetual
charter granted by the General Assembly of Kentucky, in 1850.
The powers and privileges conferred by the charter are extensive
4
and liberal, investing the Company with all rights for protection
and defence that could be desired. The policy of the State
t wards such corporations has always been most kindly and
beneficent.
The Maysville and Big Sandy Road commences at the city of
Maysville, sixty-five miles above Cincinnati, on the Ohio river,
and running all the way in the immediate ravine of the river,
reaches Catlettsburg, at the mouth of Big Sandy River, the
divi(ling line between Kentucky and Virginia. The length of
the road, between these extreme termini, is eighty-eight miles.
The river bottoms, traversed by the road, are very fertile, well
settled and cultivated, and rapidly advancing in improvements
and value. The county of Mason, (of which Maysville is the
seat,) is one of the most productive and wealthy in Kentucky,
and is almost exclusively devoted to rural industry, the chief
products being Tobacco, Hemp, Barley, Horses, Cattle, Asses,
MIules and Hogs. The counties of Lewis and Greenup, lying
next above Mason, and reaching to 'he Virginia line, are of
more diversified character and resources. Their agricultural
operations are chiefly confined to the wide river bottoms and the
narrow valleys of the smaller streams. The uplands are high,
Lilly and mountainous, but covered with superior timber, almost
untouched and filled with inexhaustible deposits of iron ore
and coal of excellent quality. So superior is the iron of this
region, that its pig-metal commands about five dollars a ton in
Pittsburg more than other iron. There are many furnaces
vigorously operated in Greenup, and since the projection of the
Big Sandy Railroad, the proprietors of the furnaces have sub-
stribed an ample basis of stock to construct a branch railroad
u:) the Little Sandy River, which will not only accommodate the
i) on interest, but drain the trade of the rear counties of Carter,
Lawrence, Morgan, c. The old furnaces are increasing their
operations, and new ones are springing up); and along the line,
since the organization of the Railroad Company, forty thousand
af res of timber lands have changed hands, capitalists having
invested not only in view of increased value as an effect of the
Rfailroad, but of manufacturing iron and machinery of all kinds,
slips, boats, wagons, ploughs, cooperage, and many other im-
p.
portant products, invited by the extraordinary advantages of
finding coal, ir