Guelph
Advertiser 9 October 1851
Toronto and Guelph Railway
FROM THE GLOBE OF THE 3RD INST.
Our readers are doubtless aware that a charter
was obtained last Session by the indefatigable Mr. John W. Gwynne,
for a Railroad from this city to Guelph. A committee of gentlemen
from the latter town is now in Toronto to bring the enterprise
before our citizens, and we earnestly urge the subject on public
attention as most deeply affecting the interest of every business
man in the place. We know of no undertaking, except, perhaps,
a direct continuation of the Great Western to this city, which
is likely to be so beneficial to Toronto. To be convinced of this
we have but to look at the prospects which this line opens up
to us.
A trail line has been already run, and the distance
found to be 43 miles. It was run by poor Mr.Brough (whose recent
sudden death we regret to observe), under the direction of Mr.
Gzowski, and found to present few difficulties involving heavy
cost to surmount. The proposed line passes through the Townships
of York, Etobicoke, Toronto, Chinguacousy, Esquesing, Nassagaweya,
Eramosa and Guelph, and through the rising towns of Brampton,
Norval, Georgetown, Acton and Guelph, -- as rich and fertile a
country as there is on the continent of America...
...The Stock authorized by the charter is 250,000
pounds, in shares of 5 pounds each; but the total cost is expected
not to exceed 225,000 pounds. Of this, it is proposed that the
Corporation onthe line shall take 200,000 pounds, and that the
balance shall be made up by private subscriptions. The town of
Guelph has already pledged itself for 25,000 pounds, the Township
of Guelph, 10,000 pounds, and the Township of Eramosa for 10,000
pounds. The Mayor and Reeve of each corporation, having an interest,
by the Act is to be ex-officio a director and the subscribers
are to elect from themselves a certain number of directors.
That this road will pay, and pay well, no man
can doubt who has passed over the Vermont Central, or the Erie
Railroad, and observed how a barren, rocky wilderness may be changed
into a well-populated prosperous country, and made to furnish
remunerating traffic for an iron trackbuild at enormous cost.
The value of taxable property in the Townships through which the
road isto pass, is as follows:
| York |
837,380 pounds |
| Etobicoke |
258,108 pounds |
| Toronto |
527,677 pounds |
| Chinguacousy |
475,980 pounds |
| Esquesing |
(say) 475,980 pounds |
| Nassagaweya |
(say) 75,000 pounds |
| Eramosa |
95,000 pounds |
| Guelph |
168,130 pounds |
| Total: |
1,700,000 pounds |
About eleven millions of dollars of property,
besides that of Toronto and Guelph Towns, will be thus affected
more or less by the Road. It will readily be seen that the increase
in the value of this property, were the whole money to construct
the Road ... would more than repay all the outlay. There is not
a business man or property holder on the line who will not receive
direct advantage from the Road, thus exceeding his share of its
construction.
The City of Toronto is, however, the most directly
interested in the Road, and hook or by crook, the citizens should
have it built. It opens up a splendid ... for trade, almost every
penny of which now goes to Hamilton, and it will bring ....
Road will be ere long continued to Sarnia, ...
Goderich, or Saugeon - connecting us, by the most direct route,
with Lake Huron. The advantage of the scheme to this City cannot
be overrated, and every resident shoudl contribute to the stock
to the full extent of his ability.
The City Corporation will be called upon to take
a large portion of the stock, and we are sure public opinion will
justify them in doing whatever may be needed to secure the road,
and that speedily.
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