'Hm mitt' rli li Mitt t J J , i t ance. r': WOOPAKO & CONNOR iDTrnTisna niT 1 if . , . ... - i, - ' . ' . - TM Wi!n Advance' H ; . ; ttiXW-;? TtJ'J'Xlff 1 ne-w son'MQV I " hi x m hi P Mh flraivT- - - - - . .. ! -- . . j - ---)- '-" :' '''''-, '. Wilson. N- C. SfW-RIPilOX HATES: 1 Advance? For one tear, .. puoFhSTUAL., SURGEON .DENTIST- GOLDS BO RO, N " ir.lt-'it Filn re-ularly .rv.-ry uim.t.I 1) r. H.. W. JU". Dtt N T I S T, ri.ip"niian'Mt'lif1'catcl in. Wilson, All ,.,wrArairill . Will 1 IlCUt I V I1 an I care- Weas po-iblr. .Teeth xlr:ictyd wi'Jiout Main Offi.-e Ta. h,n ic-t next dor to SofB.: J ! M-2"' . jrj R." J I S . 15 A T T L E , SUKGMX DENTIST, : 4i Wute l :it WHn, X -'... anil reMct. All" bru'idu-s of tlx- .i'.,ft.-si.ni cun fnlly n-l m-atlv vx-r uM. (Mi.ir-'H uioO-iMte. KiiUi'Vitiiii.-:iin uu.ir n.ti.n-1. OflKf up t P.t!mvr If .!: Na-li -itn-i-t. Oilkc hours from P A. M. to " r. M. D R. K. L. II U N T E It. SURGEON DENTIST. r.NTI VAAK x. c, H' n sMin"l pnu-lii-e-at Kiiln'l'l anl !-b-eiiullv hulk-it :i ositiiiiiiinci: of hf- funnel- (oct I'.") ly ( "1 W: I5LOIJNT, jr. Attorney - at - Law, Office rn!)!5(; Sinaic, ivnr of Conit WiUn.i, X; ('., O.-f. Klllt 'TO..- It. TILLHUY. l T TORj j 11Y-A T-LA W 'ViNoij fount ie-. - ."! Sjiecj! at rfniiiin i"?n t CAilecti'ins hi nf portion of tin-S'aie. M , t-Cin ltlaer ""siieldSril lFl.! li IN SASHES DOORS AND BLINDS, iuii. dp: ns iiAtinw are. Trim. XhN. -(;;:. I'luty.; HniLlin .Mate- - 1 1 inU nf I'vcry I)i-friit;i)ii. K IF,.-t SUV.- Mni t S., t:ut and 4 H..aM ke Avenut', X'tofolk. V;i. ' st-2ft tim- WILSON COLLEGIATE SEMINARY ; (For vorxn LAH1KS.) - UiUoii. C. ' f . i Rest talent i-mtiiiivfil in nil . depart itients SitiiitMon iiimsiially healthy. Boaul, p'cr -ioiv of -20 weeks, including furl, lights and furni-itH'd loom . $."t),00. Other chares inoilor:itc. FfiU Session bciif SejvttMuW-r I-t. For t-atalouo or information, address, r J. I?, I5UKWER, L'lincipal. XJNEQUALLED OFFER Wilson Collegiate Institute for noni sexks ' STRICTLY NON - SECTARIAN' Fpr years the tnost siiooe-ful tclinor in 'Iiti, (.'iinlina. Tin- liest ndvaiitas! and lowest rates. Healthy loration. Able and Kxpei iM(Ci-i Tcn-lu-r. l-'ine I.ihrarv and Appafxt is. p.K-io.H Bui'ding. A plrn-ant edneational home. roR i:0 r.u is' orn.r.i-.n, you kt TriTIOX- HOOKS, AMI KXCKI.l.KNT liOAltl) INri.PDINU 1 iKMSIII'li lUKiM, ITKI., I.IQHTS, AND WAsinxiJ, lor tFie eiuire Scholastic Year. Mtiio. J?t ) extra. ?e? ion exteiuU from li: t Mmidav in Ortolvr ... . , .-v,., in H im-. .i iiimiui- A tut Tlinro.lit 1,, !,,.-. V It.... t . ..!.. lion, Modem, Thorouir'n, lVaotual. Send ! forratal(Sp;iie and our 'I nstitiite ir.u terl v,' j ' fnly-of -valoali'e edneaiional inaUer, frtsh, lritht. and five. . S. llASiSKI-I., A. M., rrincipal jWis-tt Wilson, X. C. LIVERY & SALE STABLES ! KKW HOUSES, JsKW HARNESS and J NEW VEHICLES. ltTin oprn"-!! a Uvcrv ami !, stabl.'s ar tht-mtrkei !wif,'on lold-hro Mreet. in thin 1 w rp'tfiillv , announce to Uie oie of wdn and adjoining eoiiittres that we vnil ...I. .1 ll tu.i. Ia till ih.... - .: . i .tall times to Illl their order tar-li.,-" ' Horses Sc ai th vry lowet pri.es for ca-S or on lime. l,r.i Vell-et(" Will 1 f.lr..l 11 . -- "', . , . . - . ' ; More boarded uv the numth or ine:il v,rr WonU be UU t.i li ive a r triorM call to ee u injeu Ike;- w.nolo io.tit. SUOG &, HOWARDS. WUon. N. C. Ol t . 2 Gu CAKFIELQ, BROS. & CO. , BALTIMORE CHARLES ST. r. . - . ' - irif.TiTioui:, mf . American and Swiss Watches at lowest prices.? DIAMONDS, FINE JEWELRY, . Bracelet?, Earring Phis Rings, Charms, Jo!ket itc., Ac. SiWer ware, plated ware, tea sets, pitch s. baskets, casters, fpoon;.. fork etc. 'wcmj t'vonzes, Mnaa and t.tuer vases,! fans, pcra glasses, spectacles and -eye) i'es antl iancv gooL. " '.-..- 1 Orders have protnyt attCDtion. sti2Gl.r ! " I- ! VOL. 10. fhe Wilson Advance Mil DAY MARCH isso JjrilK K.CKAtEjl0lj4ed It is not quetHmebr'anWe' Speech of Kon. W..vT. Dortch, in Oppo sition to the Sale of the Head. A. Bon ' ft. Editor of the Guldsboro Messenger : 1)i;au Sii: : I have been requested by Rome of tiiose who heard Mny marks before the Board of Directors on the proposition to call an extra ses sion of the Legislature to sell tlie W. N. C. Ii. R., and by many iho did not, to fctluee my speech to writing and have it published.'. ' I have never before Written cut a speech for publication and do so now with considerable reluctance. I have availed jnyself of the usual custom to make some additions to what I th(?ri said. ; . .-;. ': . i " .. Yours &c, . -j W. T. DoiiTCrt. , Mr; Dortch paid:; Tlie proj)Osition submitted by Mr.;Rest at the "last meeting of the Board was in substance hat the State should convey to Mr. Best and associates 'the lload, and that i lie Legislature should authorize the formation of a nr j corporation with $1,000,000 of slock, that the new com pany should complete the Paint Rock, Branch by duly Ist.l 1881, and the Duck town Branch by July 1st 18S5; 111 at the State should furnish 500 con victs to the new cQpipakiy for five years without - any compensation, for! their labor ; that the new corporation should have power-. to' mortgage the- Road to the. extent of $12,500 per 'mile .and pay the interest on the present niort ,gn;e on the Road. after. 1st of May, 1880, aud'thc mortgage 'itself at ma turity in 1823, in; consideration of whieh.the new company should give the State $S50.0O) of stock. . ; The proposition- nw submitted is lite Paine except tlt.ti .the new: com pany is to mortgage the Road for $15, 000 per mile and give the State $550, 000 if the new mortatje bonds. The length, of the road from Salis bury, (its eastern terminus)- to. Ashe ville is 115 miles -and is completed to within, a few" miles of the latter place, and the cars are running over it dally. The branch from Asheville to Paint Rock down the French Broad River to the Tennessee line,, is 45 miles 18 of ,hicli are graded. The branch from Asheville to Duck town is 1.10 miles. thu? ,n:lki,,y the e"lire ngtli of line 000 per mile, makes the sum of $1. 050, 000.' which Mr. Best is to raise (less $850,000, amount of mortgage now on the Road) with which he is to build the Road. i--I If Mr. Best and lhs associates (who are 'unkown to us) can mortfraiie the Road for $15,0W per mile and with ., . . 1 t , 1 .1 ! n " UIC P"'ceca3 me line nota.'reaoy fompleted, why cannot the State of North Carolina do the .same, when the only security propo sed to those who shall take the bonds is & rcortirase on the Road? But I am told we cannot sell the bor.ds'in the market, if we can- ! no4 sell tlie bonds iiv the market. how can Mr. Best? I am told again that Mr. Best and associates I. will take the bonds themselves? Why i q : i . . . .. o Tf II ' UIOC IIIB CaSU W1IV lOl build stock which US to be $4 000 000? ' WIlV ! .' " . J issue over . I tour millions of bands secured by raort - gaer Is it usna! for corporations or iinlhiduaU when they have plenty of cash on hand, to issue bonds secured by nioitgage to be packed up in safes or h.iwkel about in tht markets? This is a species of financiering which I do Qtt nnderstand. By it somebody will cheated, and as usual it will be poor old North, Carolina. We had enough of such operations in '68"69 70 to dis grace tbe State, I want no more of it. Yon will recollect that wheu Mr. Best submitted his Grst propositioii. I asked bim to make us a cash offer. He said be was not prepared to do so. If we sell lo Mr. Best, the State is to have no voice in tlie management of the Road ahd no power to regulate charges of freight. We are to be bound LET. ALL THE EXDS.TJIOC WILSON, I hand an fobt for all ages to t'offje: ,Once part with the control of yorrf prtnv efty and yon can never resume it, t will then indeed be a 'narrow strip o! if ar.d South Carolina," owne I by Neat York ca pi tnliifg. I coustder this R6a, comp'cte.l to Paint Rock, the most valuable railroad stock in the Sopth, for the reason that the present capital is only $8.0,0'06,: two-third of which belongs to the State, aud it must pav a lare dirid- that wlicn t shall be completed to Paint Rock and there make? connec tion with the railroads running through the great mid rich Western States and the large cities of Cincinnati, Chicago and St. Louis, it jnay be sold for $3 -000,000 in cash. It must necessflri'y pa' oft lis pres ent capital, when we consider that it is the shortest route from the great West cm. States to Beaufort, Wilmington, Norfolk and Charleston. Look at the immensa amount of merchandise con sisting of me At, fl jur, furniture, whis key, buggies, wagons, live stock, and almost everything else which is brought into every part of this Slat j and S juth Carolina and used or consumed by our people. By what route do' .these, ar ticles coma to us? By New York and Baltimore, hundreds of miles farther and at much larger expense to our peo ple than by the short and expeditious line through our otfn State aud over our own roads, when completed tt Paint Rock, and which will never ba interrupted by excessive cold and freezes. There ha-ve been sold in my own town over 1000 horses and mules in. the last three months, which came from Cincinnati. Again, all the pro duce made in this State finds a ready market in the Western States and is shipped there by the way of New York and Baltimore. We are told by some that the :R'ad should stop at Ashovillc. This would be folly it would not pay expenses from that'point to Salisbury, bat build the balance to Paint Rock, and the whole line between UTose places will pay. When the State purchased the Road iu 1875 at $850 000 (it bavin cost several millions Originally as far as then completed this side of the moun tains) it was thought that shd had made a "ood bargain. There Js an iiuprea sion with som3 that the State is boilnd fur the purchase money this is an error the Soad only is bound; (he State, however, did bind- herself to pay the interest on the purchase money until the bonds became due in 1890, if the Road should not pay it.- It was not expected that the Road would pay the ihtcrekt .until I a Western connec tion should be made. The State has paid tfic interest since 1875 and has put oOO convicts to work on the Road, and has fed, clothed 3nd. guarded them, and agreed tot furnish $70,030 per annunl in iron amounting alto gether .to abotft$ 170,000 per annum, for all of which she has a legislative lien on the Road, .amounting up to thi limetoabout $500,000. Biit we are told that this expense must stop when the Road reaches Asheville. As be fore seated, if the Road stops at that I lice, the money already expended is wasted. In regard to stopping the Road at Aeheville, it reminds mc pf an unwise farmer who has a pond of. water in the niddle of his fuld which sobs his land and ruins his crop it is' nec essary to dpain it and in order to do so successfully, he must commence to ditch several hundred yards below his fence to geVthe necessary fall. He ditches at an expense of several hundred dol lars up to his fence and there be stops his mony is lost unless he extends his ditch fifty yards further to the centre of the pond, aa 1 thus he saves all he has spent outside as well as ia side his field. i lVc bare tunnelled through the Blue Ridge at a cost i 01 atout $350,000. which was estimated at over $1,000.- l now that we Uave accomplished this creat feat in enjineering skill, a iu worth to-day a million to your Koaa. ... "'",' these enterprising and far seeing cap - italists 01 2sen iotk come ioiaiu md nrnoose that vou cive them the Road aud 500 convicts for 5 years to conmlete it, aid -ofler for this most I r - f vajunble properiy of the State to give you $550,000 of bonds otft of $1,950, 000 they owning all -the' balance, subject ;o mortgages,' Winch they can foreclose when due and leave you with nothing. Thus the $550,000 of bonds would be a total loss to the State, and AUI'ST LIT. BK TUY COfXTBl'S. N. C.,. FRIDAY, MARCH 5, 1880 we Would lose cvefy J,fcent - fhe,, gtate Ua ihfesteil, .whereat '-the now ,ha good security pr her tjfpenditnre of pleted to Paint Rock; JUU , well as for the expenditures shtf aj make ;togeti - - - i ! - . i .. . . 1 there Ifwa have been able.tb stad ..an xpenUiturebf,' HOQlMLjf aniium.for ve years to build the Hood from QU port mrouit iicife Krage to AsUe- ville, a flitance of iTrhlfe5 tan't we. stan itTjionais'Jonerui be-'eedelPamvHock, when all admit that we may then sell for $3,- 000,000 in cash? Stop at Asheville and you Jgso all, go 45 miles further to Paint Rook and you save not only what yon have already spent, but all yon will spend in getting there, nnd i the very day you reach that point 3-011 can sell, if so disposed, and make $2. 000.000 clear. None of yon will dis pute this. ! . J But we are told that the State Treas ury will not be able to furnish the i 1. money to purchase the iron from Ashe ville to Paint Rock. Concede this to be so. We slialf not need - it until about, tinis tVe approach the latter place -within the grading. Then we Can say to the Logisiature at its next session in January '81 .that we need the iron for this 45 miles of lload j that we havo no power to contract a debt or to execute a mortgage 5 that we will not ask them tp incur the debt for the iron, but give us the power to contract a debt, anil execute a mort gage if necessar-, for tlie purchase of the iron. You all know that the Ten nessee company", with which wo shall connect at Paint Rock, is ready not 6nly to furnish the iron, but to grade the'road to Asheville, but we have no power to make a contract with them. The Legislature Cannot refuse this power when we propose tints to relieve tjhe people from taxation and ro.ike a good sum for the State. I defy any One to gainsay these statements in re yard to the'. French Droad route and its value- to the Sut.e. - We are told by some that it will cost an immense sum to jrrade the French Broad route to. Paint Rodk-this is a great mistake; The road bdd is along the maro;in of the river nearly all the wa and can be graded as cheaply as any roa 1 can be iu tljc central por tion of the &!tate, arid there will be no; tunnel oil the route. I have deenled it my duty to go over it and know of what I say, and 3-ou who are familiar with it, will concur with me.' But it is Objected that Ate must di vide our force at Asheville and put half on the Paint Rock and the" Other bri the DUcktown route. Si reads the act of. your Legislature. If we tad the power so to do. it would be con trary to all business and ecodrriical principles, as it wduld greatly increase the expense, as any one can see, and a iirestern connection, without which the Road cannot pay, vould be delayed. If the Ducktown roiite were he short er, and we had the power to build it J. iwoulJ say buil 1 that first. But we hate no leqal right to pnt a force cr expend a dollar in labor on that route; and in this assertion I defy contradict tion. ; I At. a former meptinor of vour Boird 1 . the question of your title to the Duck town and Paint Kock routes was re ferred to Mr. Henderson and myself. We have reported to your body that our title to the Paint Rock route is good, and that we have no title what ever to the Ducktown route. IHien this report was made, yenn President called the attention of theother legal gentlemen on the Board to it and ask ed them if they dissented from our 'conclusion. No one gave a contrary opinion, nor can any one versea in legal principles do so. Let me state the facU. ehartercd sis the Western N. C. K. L., from Salisbury to Ducktown and Paint Bock. The Ltjgtslatarc in 1833, di- Tided it into two corporations. That r C t Al iroin .ansuurj v AsutHiic as me Eastern Division, and that from Duck - j town by Asheville to Faint R-x-k as the Western Division. The Eastern j visiou.w sum yy ucciee 01 me u. ' T-k- : IJ 1,.. J . iL . fT j b. Circuit Court and was purchased by The Western Division was sold nn -der execution andj wa purchased by R. Y. McAdea, who conveyed tlie Freneb Brond rout!e to ihe State ab solutely and the J)ucklowa route to Clayton & Stuathera, in trust for the creditors of the ! Western Dirision, whrjse claims amount to abou $55.- 000.) and then !n trust for thp. Western Division Corporation aud it stock TliV GODS, 1X0 TRmrS" hukkrs. a that the leaal tit to the j DucktOTtn branch it in CUyto & Siuatliers, and the equitable iii itacrctl- Western i Division Corporation. aal its stork - holders $ and neither the Stale nor the " : western C. U. K, Co., naa any ti- tie to it whatever and can only acquire1 one by a sale by the trustees pr by de ? cree of courts v. Tjiis pobiV cannot be denied. It a true; Uiat the .last I?g tslature, by an act, attempted to c ju- denied. It ia truj Uiat the .last lz C. It. j roatL Let the State fiirnlsh the tcon- ; H. Co:, bnt that portion of theHittftti. n j uncuustitutioual and has bese so de- cided. Suppose we were to j it con- victs on that route, any tax pyer of the State could enjoin us, upon I ha ground that we have no powej- to ex - pend the State's money or Lb.r on property which dc not belong to" the 0. . . - i ,, , hlatc or our corporation. It would lie 1 i Uiczai as weti as absurd lor us . to build a railroad for tiie credi private stockholders of the Ui vision. It is their property; not ours. If the legislature shall desire the building of that route, they must furn- ish the means to purchase it I wish to see it built, and my opinio: is that after the Paiiit Rock route is Coniple. ted, it will be dennnstrated that it wi pay, and the people will then liug to furnish convicts to buijl it. and will give us the piw-r to mortgage as Mr. Best proposes ; f r I repeat, if he can build if by mortgaging, we can do the same. : -t But 31 r. Best proposes that we shall give hiii? the-labor of 53 ) convicts for 3 five years to build a road for not for the State. I wish toj liiu, and use our convicts in building roads' fori U3 not for Northern capitalists to make mil lions of. ' Does Mr. Bjst make this offer out o Hove for us? Nj j but be cause he sees and all railroad! .men ?ce that lirge sums are to be 'made' by possession, of the French Bryad route. Several railroad men of intelligence liave said to me in the last flew days, that the 45 miles of rdad frJm Aslie- Lv,iUeto Pai iLiiock.f .opletefl wt U be.. worth more than any 210 miles of rail road in the State; fj tin rea's hi lllat there are C00 miles of mounLiin bar rier extending from Atlanta jto Lynch burg not pierced by any road but ours... which is the most central and is the shortest to the seabord. j . ' ' In additioil to the , merchandise to and from Norjh CarUna before spoken of, brought to us and carried from us by the way of New jYork and Baltimore, a large pbrYioi of the mil -lions of bushels of grain jnoar sent from the Western State to New York and Baltimore -and shipped to Europe, must come by our road and its Con necting roads to Wilminjgton and Beaufort and thus build up North Car oiina citie3 and seaports. The learned Dr. Caldwell many years since that the proposed first, rail- road the State should qonstnjc fhojld run from B?aufort harb ir to the len- nesse'e line Had his propos-d hem curied out in that day. North Caroli na w'ould; now be' one of this greatest and richest States in the U-uou. We have delayed and, built by peice meal j ai I now 'hat we are almost ' in sizht of Tennessee, we are told we must i halt and sacrifice all we have done and that the 15 miles must be built or imist be he "ivn to 0 and life Northern capitalists. This 45 miles is the head lhe whole railroad system of the State Cut it off or give it away to capitalist?, and vou raaks i Northern not only yourselves but all future generations 1 slaves to zrcedy and bloated caoital- iota tk nnmiti' uvuii i 'U one for those favoring such - J 1 a suic;dal j j act, but posterity will curse us1 for it. ; Accept Mr. Best s propo3iliou, and in , less thin ten years when vonr , the pockets of these capitalists, thcrse 'concerned in giving away their proper- ty wm be ashamexl to acknowlc I c ; that ihey were so;short -sighted. roa,t ; We nave becn told that the ; not be ahje lo p tbe m-rtgjge ow on it'of $S53,03 whe 1 it becomes j dw ai$jy ft3i thit it will thea . ' I , to the hammer and will become the property of the bondholders. Those who thuV prophesy. ought to hare made that discovery before the State tfurdrasol in 175 and certainly ba - fore we per forms Pmii,a ii, j 1 .1 rroea the. Herculean task of j piercing the Blue Bidgc. They should not have waited until we had J reached so near the Tennessee line, Long before those : bond Lwjoaw die we shall have reached Paint Kock when it is . conceded our road will be . worth ? 3,000,000 in cil. luea if it NUMBER 6 , halt not be convenient id rrxy the ; bxrndi 1 tre can readily renew the raor- j gage.not only of Utts le)t, bnt for nn , amount sufficient to refund to the ltate , every dollar which she shall bare ad- vauceL Oi this there can be no fines- ! - . " , : hon. lletides. With tht valoable property in onr possession. With ,lts aid and a mortgage , on the Dacktowii route, we can bui4 the latter. i- j f da not propose to tax people , further for the construction of thu She is bound to feed. -clothe and jnard , them, ttnd she must do It in the wJIs j 0f thePenitentlary (that great elephant ' on our hands) "or put - them on works j of intimal improvement. here they ! will cost less. If they are kept in the Penitentiary, they I mint be put to ; trades, and the product .of their labor 1 ... . 1 : -.i .1 will come in competit or wah the t,..,,rtat monha-nip iU Wtntu nml ors and i reduce them and their families! to beg Westeni ! giry. : - - The supremely ndiculouti portion of Mr. Best's proposition is that to give him the labor qf jQO convicts for five j years to build liitnja railroad. ftie State oWris thousands of. ncras of valuable swampland in the easteri C"untle'belonging to theLitUf iry funnj If we do not propose to use the con victs in the construction of railroads for the State and to tc owned by the State, rhv not put; them to work to canal and reclaim these .Valuable lauds which when brought into market, will raise money sufhVient to heap ope.i your common .schools ull the )'ear round? Instead of providing thus for the education of 'the poof children, we arc coolly asked . to give to rich capitalist the labor of these convicts to build a railroad for themselves, j I wish the Jtato ito retain her . rail road property. The railroads , were not constructed aldn j for this genera tion but, for posterity as well. We cahnoVbc expected to pay In cur day lor their' constructiio'n in full. If we pay the interest and a small portion of the debt, ft is as much as we ought to do. Let those ; who arc to come after us and enjoy ithe benefit of this property pay their portion. There is no difliculty, in keeping up mortgages on any good railraod, whilst millions yCcainuJJn the great cj ties are seeH-, investment at four percent. We have denuumced without Ceasing those, who. in 1868- GO sold out the State s interest in soma ot her most valuable rolds, and we propose a more indefcusible act. Give away this roa 1 and Hienf follow the N. C. and the A. & N. Ci Roads. If the State shall decide to part with her property, Idon't give it awaj don't give one foad to build another ; but put up at public auction . your three roads the Western N. C, the N. C. and the A. )& N. C, - and they. will ell for money sufficient td pay tbe entire indebtedness of tbe. State, which under the ; coioproraise act of 1879, is a little less than ' $5.0d0.000. Then yoti will be put of debt and the cry of taxation will ceaei Complete this road to Paint Ilick and it will sell for more. than half of your entire State debt. But give this and your other roads to capitalists and allow the public debt to'remain unpaid, and your people may ;sy as their property on account of which the debt was con tracted, is given away ; they are un der no obligation to: pay the debt. I hope such a disgrace may never befall North Carolina, and gentlemen who are proposing to gve away lids valuable property and the labor of 500 convicts for five years had best beware. I" I were ever s xlanxious to sell this, road, I would not Consent to Call the Lazidaturc in extira session. Ifhy the necessity of 9uch liastr ill tlie ' 6v. rr jlSHW. May not others wish to pur- i cliase. (and we know they do) if they of; cn have. time to inske arrangeraenU ? If we postpone, will Mr. Best with draw7 It i- known to this Board that when Mr. Best's first proposition was made' some 30 d.i)s since, be was asked if he would j not give time to consider so i.nnorlant a matter. Me i replied lutue negauve. . ssymg uiai . t I 1 . t . . a f V.am. A tinrU. 11C Jia'l uliici iLUen .ii;iiici uuui consideration, lo'u rejected bis prop positien. and now he makes another j const lered by some.moreuvora&te than the first. Give bun eleven months Ion- rill make a : u he t0 2l p0,4ession of this valuable ' property, out of. which he and his as- sociates expect ui make millions di- i rectly or indirectly.- The iron and rolliug stock on yonr ! road is worth 1 Q00.00O In cash to- j day. but you are to give all and 500 I convict, for five ycire to Mr. Best for ti$50.W) of ratlwil bonds, fromwhioh i.l.C., I. -Ill ni.if ra.lita flvl to the State wi'l never realize a dollar. If the road Com Silishury to Paint Rock is to be a burden on the State, at tome say, whv are the& wise, far tee j ing capitalisitfi, to ahxiout to gfct iL H bat they icpoAe t build 140 miles in a ouidrent iitrecimnr is in; was an . . .t.ii '.. . a ilmiuiiHi tliit tlia rTirlt frrmt ft1ia 5 vrY to wulnr nock is worth more than the sons which will b required to boild ! the Ducktown branch? Are- tho peo- Ple of jnU tsrohna 10 acrttloe fi,- ' J?'?)0 worth.of rpsrtj to btuld the ! either route? ' 1 ! Do the neotde intliscounlicsthiourb One Siinvfw 3 Months, w.-.-.i.iJtJ One Stisn? Month, ....i tf One Soran 11 Mouth, ',LU.L1IA. Liberal dcKirtlons madalof Urjtr ipa Transient AJWleiiient Inserted at TeA CeuU pcx lluc.,.... , p ; which thaTfoc1bri Rosrl t rua. demand UiU' sacfinee nrtha"' balance of the State? if Uiey do. it is the graUt tax wtrichhnvrer-been itnpoaed om NthjCAaafjiX Jto d what I can for those people as in lic led in a former part of ray re barkV and aa ahowu by my acta in lac Leg ulalutix ;:H , i i If Mrle9 rorotkn , alt-Mild t acceptc I, he and his asocuUs will mtke all the tnoney out M It thy caa. that U iheir purpose. Will tluy nol put tbe frcishts M WgU as , poksible T Kour IgiULure will not be able to b ;'p you ioc that bod y cannot furnish jon any aarejtnrd. " It wilf be a poer. er to lat you and ymr deacendaoU for all time to come, witbont ability to relieve yourselves, you and posterity will bo their slavea, .. - , j J 1 confi lent'y believe that in less than twenty yirs yoiir line' of railwar from Paint Rock to Beaufort will -'pay tht expenses of 3'our Govern meutJ" The oountry must increae in wealih and populatioiij and with j these iinprove menls your italc lines will yeapby in crease more valuable. Recollect, that we are not acting for the penlple of this day on!. Do not lei us Minui -a;c as to bind and fatter those who are to c"ome after us. and bring down their curses on our. beads- " r j I have before brought to yonr alien tion the Immense quantities of freighla brou-rht t North Cirlina by lite way 1 of Mew Vt.rk aud Baltimore, am shown U1.1L all produce mide i State which is consumed lu the em States, goes by those fitics. a source of incalculable prloflt to cites and ihe railways leading to from tlie West, at our expense. lhve 1 thie is tho, . '.- them - ' f "" Now e one ; can- - these .New York capitalist have one of two objects in View, which lj not say, as there is great mystery con nected with this preceding. One it to secure the great trad a of Iho JFest over this road from Paint Hock. The other is to control this line in the In terest of the Northern roads and pre vent the trade from bejtig direr ted from them. .Thete are so many rail-; lions iti vested in these roads running to the Northern cities, that I cam well, see that their wealthy owners, who ar stiaming every nerve to make mote millions, would pay; largely to prevent this vast trade from coining to Carolina sctoorts. So solicitous ia Mr. Best for the suc cess of his scheme, that I: learn to deposil fSO.OOOiti owe of. the of thie city ae a. eort of acurity he is baoka to to State aul to become the property of the State if the Legislature, to be call ed in extra session, shall accept his propositioj. and he should fail to com ply with his engagements. Now I do not intend to tharga auy one . with any improper act or motive, in thia connection, nor do I purposd inti mate anything of the kind. But look at What may "be., eaid. It wil eoet about $3o,0iK) to call yonr Legislature in extra aession. When the members assemblei it may be said that tnere ii no -inuney in the treasury to par their per diem and mileage. It may fbe aaid that Mr. Best has deposited pO.000, which may become the property of Ih .State, if you accept hie proposition, and out of which you tv get yotir pay '. but that it will be withdrawn by him if 3ou do not accept. .1 do not like this thing. If North Carolina cannot pay my per diem and mileage as a member. of her Legislature, I would scarn to accept it, coining di-1 rictly or indirectly from any one be yond her borders. rar Borne of this Bard who are .i favor of jelling,, say that there roust portant" amendments mide be Ira O Mr. Mast's bill.-'. It 1 At propesitio, not ours this board has no right to alter it if they do. without his consent, it i.1t l,a fr. l'.naf'a nrnnntillnA 'If .1.. t - ..t....i- s.f- nAt. -J piace mc iegisiauurc. air. ltv p ents his bill, he has deposited $39,000 as security that he1 will comp y with the terms of his bill. Is it oible that the Legislature Shall be deprived of its constitutional riht to amend? That it cannot cross a t or dot an I, and if so, Mr Best can say 70 i; havo not complied with my terms, and I must have my $10. which he putt In his carpat-bag and leaves, j Then your Legislature will be placed j in the ridiculous position of having assembled for nothing., at an expense to the tax payers of $30,009. It has. been intimated that the D-uk .wo rwte is wanted as part of tb Great .Southern I'aciQc RailriwL If to, MrBest expects V - make largely by tes proposition ; first 00V of North -Tafolioa, and then sell to ibe Southern . Pacific for a Ursc sura. If tbe South ern Pacific waota the Ducktown routo your Legislatora will be glad to grant Ihe rfgbt of way without cliarg ? I repeat, bold on to your property, on til y ou ai e offered a sum t fficient to pay Ue indebtedncs of th s State ' arkl I ba lie ve veil "pMpesiiion will be made in lev than 6ve year. Then i your people will b3 relieve I from all fUUTt uxation for railroand. , j k a North Carolmia'i. "bar- iiiig no tntereit whatever, ex ?ft as cttizeu at laii uAer 1 I 5 - i -1 1; f i