"THE PUBLIC GOOD SHOULD EVER BE PREFERRED TO PRIVATE ADVANTAGE." Volume 5. Lincolnton, North Carolina, Saturday Morning, December 8, 1849. Numder 37. Printed and published weekly, by THOMAS J. ECC1.ES. Tejims. Two dollars pel annum, pavable iniovance; $2 50 if payment be delayed 3 months. A discount to clubs of 3 or more. Advertisements will be conspicuously insert ed, t & pet square (14 lines) for the first, and 26 cents tot each subsequent insertion From ihe Greensbornush Patriot, North Carolina flail Uoad Couvt-iitiou. Greensb ro Nov. 29 1849. . The Delegates Appointed by the vi riou counties interested in the great iv. .ik chartered by the Legislature ol the Slate at its last Mission, assembled in the Prebyterimi church, at half pt 11 oclo k, and were called to order by John A Gilmer, Esq. on whose mo tion, George Davis, Esq , of Wilming ton, whs called to the Chair, and. on motion of Gen. Edney, Charles C. Ra boteau, of Raleigh, and D. F Caldwi, of Guilford, were appointed Secretaries. The Convention being thus tempora rily organized, after some conversation jj,s to the proper course to pursue, on suggestion ol Calvin Graves, Eq., the Secretary proceeded to call the roll ol counties, when ine following wer found represented by the Delegates named : Alamance Daniel Harden, John Harden, Joan Holt, Jesse Grant, Wni v A Carngan, Ber jimin Trollinger, Hen dry C Trt)!lmger, Joseph VV Steele, Da vid L Ray, Wm Trollinger, John C Turrentine, Thompson Murray, Robert McCauly, Benjamin F Morton, Samuel Kerr, Gilf9 V Mebane. Buncombe J pg M Pattnn, Marcus Eiwin, John E'Putiou, N W Woodfin, Hili- M Edney. Brunswick Dr.Fredrick J Hit!. Burke W VV Avery, John H Mur phy. Alexander Duckworth. CravenC B Dibble. Caswell Calvin Graves, James N Fulh r. Chatham Joshua Lindley. . Cabarrus W . Rankm, J M Long, E D McRee, Rufus Barringer. Chemkee A T Davidson. Davidson J VV Thomas, James A ' Long, H Lediord, Clnrles Hoover, T W Siimp-on, Eli Harris, Henderson ' Adams. Thomas Jones, P K Rounsa viIIp. Charles Mock. A G Foster. J L Clemmons, E E Pitts, Kev T, Mt Don ald, H Brown, H Brummeil.J M Leach. Guilford John .M Mori-head, John M Dick, Joel McLean, Eli Smith, Lud nick Summers, Francis L Simpson, J M Cunningham, Jam?s W Doak, Samu el Dwijrgms, Elinu Coffin, John Hunt, J VY Fieid, John Carter, F Fen'riss. F Ellio.t, Abrain Ciapp, Ralph Gorrell, John A Gilmer, D F CildweW, A Uevil, John Wharton, Joseph G.bson. Johnston Juhn'McLeod. Lincoln Wm P Bynum. Mecklenburg C J Fox. McDucell -Dr'S J Erwin. Neio Hanover Dr F J Hill, Mex McRae, P K Dickinson. O G Parsley, A J De Rosseti. jun., Rev M Bobbins Jethro Bailard, George Davis, Eh V Hall. JS'orlhampton Edmund Wiiktns. Orange VV J Bingham, CC Tinntn, Jas F Patterson, John H Webb, VV t Webb, O F Long, Edwin Heaitt, J.hn Cameron, Ex-Gov. Swam, Joseph l'aie, Richard Ashe. Rowan John W Ellis, John B Lord, J-din I Shaver, John D Brown, William Overman, El James, Calvin 3 Brown. Myer Myers, Dr A M Henderson, H L Robards, Jeremiah Clarke, H C Jo.ie.-i, Dr Samuel Kerr, J F McCorkie, E D Austin, John K Graham, Osborue G Foard, Charles L Torrenee, Luke JJlackmer.J C Barnhardt, Paul M Her Tig, Joseph F Chambers,Joel II Jenkins William M Barker, Cl"b Klutts, J M Coffin, J A Worth, J J Bruner. Rockingham Joseph llolderby,Rev R Held, E S Morris. Rauilalnhl. M. Blair, Allen N Tomiinsou, M VV Leach, J P Russ, C M Lines. Ruben Gray, Thorn Rice, M W Long, Alexander Robbms, Ahi Robbms J W Long. Rutherford J G By num. J J Eiwin Wayne -J V Sasscr, J 19 Griswold. Wake R M Skuntiors, George VV 'Mordecai, Char!es L HuHon, Chailes CRboieau, Dabney Cosby, Dr Lang' don (' Manly. Petersburg, Va H I) Bird, Thorn .as White, Wuuam Lea, Joseph Dunn, Ed ward Graham. From Petersburg Rail Road Com' pany ll D Bird. From , Greenville and Roanoke Rail .Road ll D Biru, Ed.uund VYjiluus. ,Gov. Morehead iosu and said we had p opportunity to eleci a President ol Jus Cotiveuitun who wouid fJo honor to v;e Slate ; aiid preceedeJ to pass a high eulogtum upon Calvin Graves, of Cas well, who had given the casting vote bv which this charter had been passed ; anj concluded by moving thit he be unanimously appointed Pedden of the North "Caro'ina Rulroad Convention. The proposition was received with p plailSe. And the qaestion being put bv 'the Chairman, he motion was unanimously adopted. W Hereupon, the Hon. Calvin Grave" was conducted to ihe Chair by Governor Morehead, and ten Jerpd his ihank9 for tb-s mark of the regard and confidence of the Convention. The occasion which had cal'ed us together was one of great magnitude. The ey es of the peo pleoftheSia e were turned upon us, with the moai cheering anticipations that fr m the deliberations of this body, this great enter priZ" might be strength ened and matured. lie trusted their anticipations would be realized. When we turn our eves to other States and see what they have done, Ihe i' q'liry was naturally presented, how can there be ny difficulty about ihe construction ol thi8 liond ? He referred to the statis tics of Eoif land upon the subject. There they had expended two hundred millions ot pounds sterling in Railroads; and the great difficulty with which they had to contend was in obtaining the right of wav, which frequently cost froru 860 A(lO to $70,000 per mile. All this in a country not so large as some of our Slates! When we ca?t our eyes abroad upon our own country to Massachu setts, N'sw York, Pennsylvania and oth er Staies North ; to South Carolina and Georgia on ihe Smith, and every wiieie to the great West, and see the great works ot improvement proposed and accomplish-d should it longer be said ihtt North Carolina was unable and unwilling to accomplish what had been done by all? He trusted not. Better that we had neVer e.xisied as a State, tha.i manifest by our apathy and mac tiviiy that we are unable and unwdling to do any thing. Belter wipe out our Suie hues and give up the administra tion ot affairs to our neighbors, than to make the hurniliatnig acknowledgement that we are unable to take care of our own interest and to take a respecable position m the great race ol improve men. He closed by spying be had ta ken his poiHon. o:i this subject he hid planted his fool and wha ver ob jections nvght bb raised, he would con Unuc to beat bark opposition and stand up for what he believed to be the true interest and glory of his State. On motion ol H. C. Jones.the lollow tng gentlemen were appointed Vice Presidents of the Convention, viz : x Hon R M Saunders, of VVake ; Dr. Frederick J hill, of Brunswick ; Hon. John W Ellis of Rowan; Col John Mc Leod, ol Johnston; Gen John G ly iiiim, of Ru'heiford ; Ex-Guv. More head, of Gu ll'ord: On motion of H C Jones the organi ze ion ol the Conveni on was completed by the appointment of the following S.'cre.iaries, vz: Charles C Ra.oot.eau, of Wi.ke, and U F Caldwtll, and L. Swaim. d Guilford. Ex G.v. Morehead then arose and addressed ihe Convention, in a speech ol great power upwi tno pracitbility of the Road and the mode in which it can be constructed concluding 'ith a mo tion mat a committee ol six be appointed bv the Chair, to be called the Commit tee on Suuscripiions, whose duiy it should be to mike out a list ol the absolute .-uhsenptious to the stock of the Road, as definitely as they can be as cei turned, examine the subject of sub scriptions, absolute and conditional, and make, a detailed report lo-morrow. The question being put, the oiotton was unanimously carried. The President appointed the follow ing gentlemen to co'iop-ise snul commit tee, V'Z: Mes.-rs Moiehed,d Guiitorj; Mebum, of Alamance ; Tuomas, ot Da vidson ; Jones, of Rowan ; Mordecat, y H of W ake, and Dick.nsou, of xNevv Han over. Afternoon Session. A loud and unanimous call being made for Gen. Saunders, that gent'eman arose, and intunatea his purpose to aodress the Convention at some time uurmg its session; but he was preparing a reso lution which called toi defini e action, and which he intended to prtBent. He came forward to enust under the banner of he gentleman who addressed ys this morning, and o push forward this great ejierpuze. The speech of Gen. S., i hough short, was strong and eloquent, and received with great applause. He concluded by presenting the loilowing resolution: Resolved, That a committee of eleven be appointed by the President, whose j duty n hai he to ii.q ore anaiiUDtiiii ' ihu most eligible plan lor increasing the subscnplton necessary for raising the one million of d lhr a presrnhed by the chapter; provided it should appeir that a sufficient sum ha not already been subscribed for that purpose ' Hanoi on C. Jones, E-q. being called for, addressed the Convention m a characteristic, strong and able speerh in which he asserted the ab lity of the people of North Carolina to accomplish this work : and enforced, very enaphti. cally, its practicability and ultimate sue cess. The people represented by bira and his colleagues were deeply interest in (his Road they looked upon it as their only hope and should it fail.thou sauds of them must leave the couatry. Gen. Edney and Mr. Dibhle made a few remarks, after which Mr. Davis be ing loudly called for, vddressed theCon vntiosi upon the benefits which had resumed from the building of one Rail road in North Camlna. He alluded to the much abused and unfortunate W. & R. Ratlroad. Mr D. then proceeded to contrast ihe former staTe of Wilming ton with its present growth and pros penty- giving glowing accounts oi the favorable prospects before the town of mlmmgion. Mr I). went into an examination of the amount and prices paid bv that town alone to New York (or articles, abundance of which cm be produced and furnished by ihe Western section of North Carolina, provided this Road was finished. The President ihert announced the following committee under the resolu lion of Gen. Saunders heretofore adopt ed, viz: Messrs. Saunders, of JTake ; McRae, of Wilmington ; Griswold, of IVavrie; MeLeod, of Johnston; Gra ham, of Or n-ie ; Trollinger, of Ala mance; G.lmer, of Guilford; Leach, of Davidson ; Lord," of Rowan; Fox. of Mecklenburg, and Barringer, of Cabar rus. And then the Convention adjourned until to morrow morning at 10 o'clock. Friday, Nov. 30. The Chair announced :hat toe first business this morning would be the re Ceptioti of Reports Ironr cum ootf -: . VV hereupon, Gov. Morehead, from the Committee on Subscriptions, ob served that the committee would soon be ready to report ; and in the mean tune, he called upon any gentleman present who was in possession of any information to commuuisate to the Con vep.t'Oi , to d-t so. IV. IV. Avery, Eq. then addressed the Convention, pi een ling i he following communication from S. Movlan F-'X, E-q. the Engineer on the Buncombe i urupike Road : I. T. A very, Chairman, &c. Drctr Sir: Your communica tion of this inst., informing me of a re solution adopted at a Railroad meeting in tins place, requesting my attendance as a delea e Irotn Bui ke county, to the Railroad Convention at Greensboio1, &'., fiae ueen received. 1 regret that my professional engagements compel ine to decui-e the honor intended to bo conferred upon m I le?l a great in terest in ihe completion of what I con sider the engine of reformation to the whole S ate a Central Rail ro id from Raleigh to Tennessee, connecting our commercial lowing with the whole of the interior. The developments of my surveys for the VVesiern Turnpike nive fully etdab iished :he pracic abdry of extending the North Carolina Railroad west from Salisbury to the Tennessee line, and lhat at a omparatively low cisst. The only doub tui point upon the whole line was the passage ol theiiiue Ridge, which is the dividing ground between the Eas tern and VVesiern wateis. This Ridge at the Swauanoa Gap is 294'J feet a bove tide water; while the valley of the Catawba o) the oue side at Oid Fort is 1-540 fcet above tide, loiy-ug ou: 1301 tcet of elevation on the Eastern side, winch can be overcome at a grade of eighty feet to the mre in 13 miles, pro vided in tuuimit,be reduced 26J feet by a tunnel. A 'unnei 5000 teei wii! do this, saving 3 -mies of road. This summit is only a- h gh as thai overcome by lh P-nnsy ivima Railroad, and low er than that ol Virginia or Maryland. My estimtie of the cost of the Road from Salisbury lo the i enne-sjte iie is in round numbers two millions of dollars. Thi incluues all the work and equip ment ol the road with engines, depots, &c, and I believe it to be a very ample es'.imaie of the cost. The vaiieysof the trench Broad and Swauanoa on i:-e Western aide ol tna ix.uuuldin rise w.th a &to(i6 ol about 20 feet lo the mile lo within five miles of Iho Biue Riige su.nin t a di-tauce ot 55 mnes. O.i ihe Eastern side trie Ca iwba xteuUs lro:n the loot of; he siopt necessary lo grade up the mountain to a )int ne r Ui Island Foid, a distance oi 66 miles. Tncre is no punioii ot the Country that I have been in that offers rheiper position for a railway than thes 121 miles of valley. For miles togeth er the grading will not cost over 400 dollars per mile. These streams h-ive most of the way broad bottom lands and are remarkably direct. 1 consider the work of manifest im portance to the whole State, and "to ill the commercial town? of the Staie-f of Virginia and South Carolina. Bv this route Norfolk is reached in 513 miles; VVilmmg'on m 492 miles; Charles ton in 513 miles, and Richmond in 465 miles. All these distances except the last, are many miles nearer thin any other route ejther proposed or construc ted. While the route to Richmond is but fifty miles longer than the proposed route through Virginia, ai'd the cost of the route will scarcely exceed one half a pb'nt of great moment, as it will se cure the sa :ne profit at half the tolls. From these considerations 1 have no hesitation in- believing that the road must be profitable in itself, and of mes limable value to oor eastern roads and towns. With this extension to Kuox- vdle, we will be in direct communica tion with nur great national roadtoCal ifornia, and readv to join in the contest with our sister States for the trade and travel to that vast treasure house. The people of the. VV est are becom ing fully aware of the great importance of this work to their future prosperity, and are determined to have a connec tion with the East. This should be through our own State. And I have no fear that with such a charter as was gi ven to the road from 'joldborou2h to Charlotte, we will have difficulty in ma king the road. I have the honor to be, very respect fully your obi. serv'i. S. MOYLAN FOX. Which, being read, whs I t id upon thp table; ordered lo bn primed with the proceedings of this Convention and the thanks of the Convention were tendered to ihe author. .Mr. Thomas, of Davidson, remarked to communicate to the. Convention; and referred to, and sent to the Secretary's table to be read, a letter from he Hon. Simon Cameron, cf Pa. expressing the favor with which Northern Capitalists regarded the charter of ihe North Car ohna Railroad, and asking for additional information in relation to the same, to guide their action in a contemplated in vestment therein. MrT. acco iipan.ed this letter wi'h an address to the Con v-niion, in his usually energetic and practical manner. . Gov. Morehead then read a letter from G. B. Mnly, & Co., of Lock Ha ven, Clinton Co. Pa. containing a pro position to tak contracts upon t'ie Road to do t he grad ng for 50 miles Last and the same distance West ot Raleigh, at certain rates named, and furnishing timber, rails, &c. and receive in pay mnt 10 per cent, of stock; or to lake fifty miles, on the same condition as be fore, and e npioy N. C. laborers, &c, which was read. Also, as chairman of the Committee on subscriptions. Gov. M. submitted a detailed report of the amount of abso lute subscriptions of stock, amounting to 8190,800; which report he followed with a speech full of deep impassioned feeling and great power,- listened to wuli breathless attention aud the most intense interest. "I he gallant and d terinned spmt of this distinguished gentleman touched every heart in that dsemhly, and awoke a feeling of enthu siasm and anxiety deep, startling and fervent as we have ever witnessed. Gen. Saunders, from the Committee to whom were referred the q iHsnon of considering the best plan for securing whatever portion of tho capita! of oue million of dollars should be f )und un subscribed, according io the terms of of the charier, submitted in part ihe loilowing report: 1. Rtsolved, That so soon as the Company snail be duly organized, it will be both expedient and proper lhat the President aud Directors shall cause the proper surveys and estimates to be made, and the Road to be put under con tract ou the enure route, ard lhat the superstructure should be commenced at its point of connexion with the Wil mington Road, and also at its western terminus. 2. Resolved, further vThat the Pres ident and Directors, in le ting out ine contracts for woik aud mitettals, shall in all cases give a prcfeiei.ee to such stock-h( Jders as my propose or desue to become contractors. 3. Resulted, further. That it is high ly important and necessary thai the whole ot the unsubscribed capital ol one ruili'Cu should be subscrib-d before the adjourn ment of this Couvenuoa, aud that a subscription be forthwith opened for lis st purpose. " . ; The question being upon Ihe 1st and 2d Resolutions, G v. Morehead submitted his view against the latter part ot the 1st resolu tion which provided for the commence ment of the Road at the point of connec tion wrhthe Wilmington Road, and al so at its western terminus. Mr. George Divis explained that the obj.-ct of the Wilmington delegation was ihat the iron might be brought to WiU minion, and carried on their Railroad with facility and cheapness ; and the passage of this part of the Resolution would materially aid the obtaining sub- . scnptions to the stock in that portion of the State. Gov. Swain then addressed the Con vention, proposing a modification of the Resolution that we go the whole Road or none, it that would meet the views ox thp Wilmington delegation. Gen. Saunders read the Resolution a gain, to show that the first part of the Resolution affirmed that the whole Kotd should be built. He was opposed in Committee to the last part of the Re solution, and was unwilling to trammel the President and Directors by any con ditions. He submitted to the Wilming ton delegation, to withdraw the latter clause, wi h the assurance that he would vote for any feparate resolution declar ing that the whole Road should he built, if any of it, and leave the whole matter to the sound discretion of the President and Directors. Gen. S. had the authority of the WiU mmgton delegation to withdraw it, so that the grading of the whole Road should commence on the enure route from Goldsboro to Charlotte, and pro ceed pari passu. Dr Hill also stated the reasons of the Wilmington delegation; made a most, effective appeal in favor ol the work; and concluded by declaring that he wou'd be oue of a hundred to take all thesiock unsubcribed; one ot fitly ; or one of ten Gen Saunders then read the 1st Res oluuon as proposed to be ame.niirf hv. erKeiiieni, as iooows; Resolved, That as soon as the Com pany shall he duly organized, it shall be both expedient and proper that the Pres ident and Directors shall cause the pro per surveys and estimates lo be made and the Road to be put under contract on the entire route, commencing at the Wiltnngioti and Raleigh Railroad, where tnr same passes over Neuse Ri ver, in ihe county ot Wayne, ria Ra. h igh, and thence by the most practica ble route via Salisbury in ihe rounly ot Rowan, to the town oj Charlotte, in county of Mecklenburg. Tne amendment having met with en ure approbation, was adopted nem. con. And ihe 1st and 2d Resolutions were hen unanimously adopted. Gen Saunders then took the floor, and address- d the Convention fully, upon i's action solar, and upon the subject ot tho Road generally. Alter some remarks highly patriotic and lofty in their bear ing, conciliatory towards all differences ol views, and tending to unite all inter es s in the great work before us, he pro needed to deliver an appeal of the most earnest and eloquent character It was the great speech of the Convention; and we regret that the hurry of going to press lorbids even ihe feeble attempt to do it justice. Having concluded the question was taken upon the 3d Resolution, which was unanimously adopted. J A. Gilmer, Esq. then submitted the following agreement to be entered into b way ot securing the stuck in the Road, viz: Whereas, only a part of the One Mil lion of individual subscriptions to the North Carolina Rail Road Company re quired is taken: Whereas, Ihe purpose ol this agree ment is to take and secure the balance ol the One Million of said individual stock, not already subscribed, and to be subscribe i by others : We, the uudert'gned interchangea bly agreo with each other and said Company, to take each the one-hun dredth part of the said balance ol the said individual stock: Tins agreement to be binding on none, unless one hundred persons or companies subscribe the same, amount to be muds up: Each person or company tD be at liberty to subscribe as many shares of ihe hundred as he or they please, and bound lor no more than his or their sub scnptions. Nov. 29, le46. Afternoon Session. , Ex-Gov. Svvaiu look tne floor, and, at fume length urged upon the citizens of North Carolina, here- assembled, lo complete the subscription lo the stock of Hits Road. Gen. Sounders agaio addressed the convention Vlle-was ready to devote his tims.,to4hB success of this great v ' J

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