Newspapers / The North-Carolina Star (Raleigh, … / Nov. 29, 1848, edition 1 / Page 1
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i r mmmmm IllLEIGII, It. C. wiEDXEtDir, NOV. , 'a ..V y. TOL St. '.. .rj No. S. " , 9 '"nu bu in annual instalments oft30,000 each from TlTSs S. Proprietor. 1845 m 1854 .nd that fo, oT he insUl- L vublie would teture to menu have oeen a ready discharged, so that tkemtei cAfrtp, iMtrctttng nd valu aMe newtpaptr, nout it the time to -', .SEND M TIIEIB ORDERS . MM -W -Q r a addition tollhtMinary reading mailer, newt,, e- tr Atf endeavor to furnith our reader with the earliett elte lion intelligence, nroeeedingt of the Lfgi -Aiwrr, $r, leAicA wiZ ial A Sar - 3 nuauuUy lnieresWng. The Star will be furnished during the session of the Legislature for 50 centa. -Enclose $3 00, port paid to . , THOS. J. LI2MAY, . Raleigh, N. P. MCSSSAGE Of hit Excellency. Gov. W. A. Graham, to the Ltgittature of North Oarolina: To THE I fowl ABLE, the Genreal Assembly or North Cakolima : The recurrence of the regular Session of the Legislature, after the lapse of two more years, demand" of us renewed expressions f gratitude and praise, to an all-bounteous Providence, for the numerous manifesta tions of his beneficence, with which we hare been lavored. With rare exceptions, health has been enjoyed among our popu lation in an unusual degree,"the'ftuila of the irth hivA lwun viplilpd in abundanec. not meTeTy-fonhe sunpty othUtwnarbntf t'PltUi is made as to the tiroe-of pay to relieve the distressea of our famishing menU The residue therefore of $166,500, brethren, in other lands, and our Common Country, has been restored to the blessing of Peace. The regiment of Volunteers, required for the War with Mexico, which was being leyi ed at the last adjournment of the Legislature, was mustered into the service of the Uni ted States, and embarked for the seat of War, as early as practicable, after their ar rival at SniithvilhV Being assigned to the column of the army eoramanded bjr Major General Taylor, and reaching their desti- nation afte the memorable defeat of the en emy at Buena Vista, which overthrew and dispersed, hts forcen in 'that quarter, they did not have the good fortune to participate in tlicse victories which have so signally il lustrated our rnrma. They bore however their full share of the privations and hard ships incident camp life, and contributed more than their, due proportion, of victims to a climate more dreniKul than the foe. Had opportunity1 been afforded them, to test their prowess in battle, I doubt not, that under the discipline and lead of their pliant and able commander, they would have won laurels forthemselvcs and brought home honours for their Country. Under the Resolutions of. the last session making appropriations to that end, I drew from the Treasury, at sundry times, from January, till May 1847, the sum of eleven thousand two hundred and thirty dollars, ($ll,Z30) for the ; use of -the Regiment, for the dis bursement of Which, vouchers have been deposited in the office of ilia Comptroller the public accounts. . - An acjl having been passed at the recent Session of Congress, to refund to the States any monies advanced fo: the comfort and transportation of their Volunteers, prior to being mustered : into service, with interest on the same, I transmitted to the Secretary of War an account of the advances just stated, as well as of the transportation ol a pari of the Regiment over the Raleigh and Gaston Railroad, on their" way the rendez vous, and desired its early adjustment A strict construction having been plaeod on this act by the War department and. proof being demanded, which reqnries the vouch era of disbursement to he exhibited, before in accounting officers, it. was deemed best to postpone' the. further prosecution of the claim until they shall have .. undergone, the examination of your Committee otV.Jfi. nance. , .. The above sum' 1 is exclusive of an ex penditure of $.193,03, under a separate He solution of the General. Assembly to pur chaso Flags for. the RgimenU which have been returned to the office of the- Adjutant General, snd are subject to jour disposi tion. '- , i. ;,. -r. t ' K K . The Fiscal a flairs of the State still con tinute to claim the first place in the consi deration of the IgisUture.,' The detailed oMra(ions of the Treasury, since the last Session, will be found in the Reports of the Public Treasurer and.Comptroller of public accounts. .While its, resources have, been sufficient to-satisfy all just demands and to tiDholdf the , publie credit, it will be per- retve.A that but little " nroirress has "been ."tniule in extingishing the State debt. End in nkW nnviuents. bt" means obtained on loan, we have only exchanged one credi tor fir another. In toy first message, to the last Gentrst Assembly, I stated in extenso, the various' liabilities of the rTreasu- .rr. and. traced .' the .history, of those ariaintr mm ; ..endorsments tor the Ra eiirh. and Gaston . Railroad Company. Ttr "a'Vlear f comprehension f the subject at present it may be necessary to repeat - tht on account of her first suretyship ' for lhii'l',.jntianr tlia Rial la iYnnnitil ' fur 'the mui of $500,000, f which, die interest ' t, -..i.i.,.tlv. r,.1 ' tfto nrtn. tie .1 -at mih-K rw afta the - 1st' day of ,', 'January 1800, a the Wiilature 1 shall t ..-, .1,.. .1.- .,,t. rtrwit . 'second, Wffoi ':Wbj piiie Company' to the " amount t of.i28fi,aOOV" with interest the principal able in like manner, and there remain of this class of bonds outstand ing the sum of $160,500. But to aid the Treasury, in paying Ihese instalments of principal, while sustaining the ordinay ex penses ol government, and the heavy drafts for interest on the aggregate of both these classes of debt there has been bor rowed, from the Bank of Cape Fear, with in the last four years, the turn of $90,000 besides the loan from the Literary Fund, hereinafter mentioned. Such are our res ponsibilities. The scrupulous reprd.ibr the public honor, which is justly the pride of the State requires them to be promptly met To provide for this in the mode least burdensome to the people, is the ap- tropriale duly of their Representatives, fnless and until something may be reali zed from s rc-sale of the Railroad or a re covery against its stockholders and bonds men, our only reliance is upon some mea sure for an iucreisa of the Revenue, which shall furnish the means of gradually curtail ing the principal, while it keeps down the interest. The principal of the debt of $500,000 does not press with any immedi ate lorce as we have already seen, and re quires nothing at present but a provision for its interest 1 he Uank or lape rear is also bound by its Charter to lend to the State, enV time hen -called - Ar, aH a mount not exceedinr $150,000, and no is the only portion of the liability, having a fixed and early day, for its liquidation. To meet the interest on the three des criptions of debt, and the principal as it may become due, , of that laat referred j to, I recommend, that when the means in the Treasury are insufficient for these ends, the Treasurer be authorized to issue j State Bonds redeemable in ten years, to an amount equal to the deficiency. It is also worthy of your attentive inquiry, whether like bonds should not be at once issued in lieu Of the debt of $90,000 due the Bank of uape r ear. jo me siaie u is a mauer oi indifference, whether site shall have the loan from the Bank, or from other capital ists. But in e community where Banking capital is limited and with the freest use' of, their means, the Bauks can afford nogreat er accomodation, than is required for the demands of business, it is a serious priva tion to commercial men to be without the facilities, which would be furnished by the loan of this amount among them. The advantage of allowing the new loan a considerable time to run, (say ten years,) is that it would ensure its being taken int mediately at par if not at a premium. It is however eontary. to all true principles of Finance, to contract a loan without also providing not only for the interest, but for the gradual redemption of . the principal. If the foregoing suggestions be adopted, they will consolidate the Bank debt, and the res idue of the smaller debt on account of the Railroad in a loan of $256,500, redeema ble in ten years. And if the present Leg islature shall provide for the extinguish ment of this smount of the public obligations within tl.at period, and the punctual payment of interest on the whole, they willhave ac complished as much as may be at present needful, leaving to their tucceesora, the a doption of measures for the repayment of the debt $500,000 at any lime after the 1st day of January, I860," as orignally. Upu- lated. This arrangement will requirea sink ing fund of -about $23,00 annually for the redemption of the principal, besides about $43,000, for interest V. The latter sum, however, wilt gradually Jail to $30,000 as the debt is diminished. In othor words, it will require 970.000 or thereabouts to be an nually applied to the public debt over End above the ordinary expenses of Govern ment now averaging about alike sum, mak ing ire wrioieamount wantea loreacn yeaf $140,000; -'-wfw.!- x rr, .,-u. .,, In the Messaire to the last Legislature already referred to, our Revenue System was reviewed witb reference to the demands on the Treasury and an argument was sub mitted to demonstrate, that the State an nually lost seven or eight, thousand dollars, from failures to enlist -lands for taxation, whereby tiiey have escaped their contingent entirely, or from tinder valuation, by means of which, it had been avoided in part; and lht probably an equal sum was lost in the Poll tax from a like criminal negli gence,, in rendering lists of taxable persons. Accordingly the Act of the 'last Session directed new assessment, nd a more vi- i'ilanf ' supervision, of the , enlistment of iinds. The result htis been, that the land Revenue of 1847, collected under the new Law, has exceeded that of 1846, under the old, by the sum of $5,911 02. A table at tached to the Report of the public Treasurer will show that the total number of acres taxed in 1846 was 22,368,558, and that in 1847 it rose to 24,359,075, and that the ag gregate valuation of land and town prop erty In 1746 was $55,254,194, and that in 1847 it crew to $66,430 821. With these material additions in quantity and valuation. the amount of taxes received from real, es- ! tale, yet lower by two or three thousand dollars, than ought to be obtained at the ! present rate. There has been, also, an in- crease S the year of $1561 78 in die poll i.r It BDPcars now to be collected on 173,119 ftmtr against 165,310 an the previous' yeac." ' I am Vet satisfied, howev er, front the statistics embodied in my for mer message, that even this number fulls short by at lesst 20,000 of the whole tax able population of the State. It therefore will call for Your investigation, why a val nation on land of $66,430,82 1 at six centa. on the one hundred dollars value, yields on' ly $37,021 21, snd why, out of at least 195,000 taxable polls in the State, more than 20,000 yet escape taxation si together. The important addition to the revenue on real property End polls of near $7,600 by reason of the measures adopted at the last Session, has been the product of 1)6 new imposition on our constituents, but the mere consequence of a fair and equal contributionT to those formerly existing. By a still closer scrutiny of the subject especially in the de partment of the Poll tax, 1 apprended that a plan may be devised lo obtain s still furth- erlncretnent of five or six thousand dollars, from the same sources at existing rates. ' But with all the aid derivable from snch mearures, the Treasury will need addition al means to reduce our liabilities as propo sed above. ; The Revenue callected,- the present ycari from.all sources,, amounts to $06,604 69. By correcting the deficiences just now exposed, it may be raided to exceed $ 1 00,000, leaving a deficit of about $40,000 to be supplied from other resources. Of this it may be reasonably calculated, that $12,00Q per year may be derived from col lections on Cherokee bonds transferred to tlw Treasury,- -tronv.' the- fund- for Internal Improvement . under an Act of the last General Assembly. If two cents he-add-j ed en the hundred dollars value of real es-1 tate, as was the law prior to 1821. and six cents on the poll, they would, yield enough witb ttm claim on the War department be fore mentioned, and the debt secured byJ mortgage on the Weldon toll Bridge to the Board of Internal Improvement, which is not yet collected, to make up the residue. litis however the peculiar province of the Legislature, to devise the ways and means to fulfil all our engagements, and preserve die publis faith. And in suggesting those just named, which are simple, usual and certainly reliable, I desire to be understood as enfertaihtrig' no 1 preference " fdV 1 tliem, I" bove any other, which the wisdom of the General Assembly shall approve. The du ty of the Executive is performed in presen ting with frankness the necessities of the Treasury, leaving the manner and . time of reiief to the proper constitutional depart ment of the Goverment It is of moment, however, that measures should be taken in due season to liquidate by degrees-the State's liabilities, and the process herein recommended is not more speedy than a e wise policy demands. If additional re sources shall be realized from a sale of die Railroad or recoveries in the suits against the stockholders, they will come opportune ly in furtherance of the measure for reduc tion now proposed, but die expectation of them does not jusUfy its postponement at the present Session. ; You will doubtless observe in the Re ports of the Comptroller, that there is no statement 'of any tax, received on the suc cession to estates, real and personal of de ceased persons, by others than lineal, de scendants, which was imposed by an act of IastJ&ession. Whether the unfruitfulness of this source of revenue thus far, has been owinir to the failure to Drescribe anv ane- cine time for its payment to the clerks and o f I for its being accounted for by them, or to other causes, is a question for your investiga tion, - Agreeably to the instructions of the Act of the last Session, I caused an Informa tion in the nature of a Dili of Equity to be instituted in the proper Court of Wake County, Bgainst the Stockholders and other obligors of the Raleigh and Gaston Kail- road Company, to recover the indemnity stipulated in the event of say loss to the Stale, by reason of her suretyships for that Company.. The great number of parties defendant and the changes 'ofjarUesyiwejL bettef-iTpn- transfers of interest auq by deaths, have de layed, the progress of the cause to final de cision. And as it embraces the main sub ject of controversy between the .State and any or the defendants, the counsel lor the State have not pressed for trial the actions at Law against some of them, which had been previously pending. -;t r My opinion of the legal . responsibilities of these parties, was presented at some length in die message of 1846, and remains unchanged. In considerationhowever of die circumstances of their case, am led to the conclusion dial it is a proper subject for adjustment by compromise, and that liberal terms should be allowed by the State.. Tlis transaction which occasioned it has been truly unfortunate for both parties While on the one hand, it has imposed a burthen on tht) Treasury, which is heavily felt on the otter the whole capital stock of ($700,000) subscribed and paid in has been lost to the individual contributors and die property in the Road which it went to con struct has been purchased in by the State, and affords the accommodation to the public which was the chief inducement with the Legislature in authorizing its consWuction If in addidon to the loss ol die stock al ready sustained, they shall be - subjected to an equal recovery on ' the responsibilities subsequently contracted on account oi me Road it will le s double grievance which many fl apprehend) will he unable to bear. A portion of them have no doubt sufficient means to meet it without material injury. Bur the larger number, smong whom are widows, orphans,' clergymen, mechanics, planters with large families End moderate estates, have heretofore felt the depuration of the means invested in this Road, as a calamity, and cannot suffer an exaction of a like aropuut now . without ruin. I submit these observations (becoming, - as I think, the candor and impartiality of a Chief Mag istrate) with the less reserve from an ab sence of all interest at any lime in this work, and of connexion with any' of the persons concerned wtucn could occasion .any im proper bias. What may be fitung terms of accommodation can only be determined by the Legislature, and can be more readily negotiated by a conference of those inter than ested with a committee of your body, in any other mode. The operations of the Raleigh and Gas ton Railroad for the past two years will be fully detailed in the Report of the Board of Commissioners. The statement of its Treasure, published in the newspapers, in analogy' to the Report of the Comptroller, on the Public Finaucea for the year ending the 1st. of November, 1817, showed its earnings to have Veen $68,00'J 57 snd dis bursements $05,457 93. For the follow, ing year, ending Nsvember 1st, 1848, the earnings were about $57,000 and disburse ments (exclusive of extraordinary repairs, rendered necessary, by a eonnacration. hich destroyed the principal building of die Road at Raleigh.) $52,479 72. Add to this the amount of these rooaif. iz. $28,791 03 and the sum total of disburse- mcnts wiH- he1 $8 1 ,2? 165. On the night of the 25th of February last the machine shop and engine house at the depot in Ral eigh, with all their contents ol a combusti ble nature having been dastroyed by fire, and the four best locomotives ofthe road, as as well as the stationary steam engine being seriously endamngsd, it became necessary to take immediate steps to repair the injury or to permit the Railroad with its append ages to go to destruction. Finding no power adequate to thevcxigencv conferred on the commissioners of the road, I con vened the counsel of State, and submit ted to them the alternatives of either con- vWkrfigcLfg to provide the needful meansror of mortga ging the Railroad property for the sum of $25,000 (the amount of loss and damage occasioned by the fire, as estimated by its President) by virtue of the power conferred on the Governor and council, to make sale of the same. They advised the adoption of the latter, and an arrangement was mads with the Bank of the State of North Car olina, to advance the sum required, at such times as they might be called for by thr progress or the repairs, on ' bonds of the State, Teciting on their face the considera tion and a deed in trust on the Railroad and its appendant property, to secure their pay ment. Accordingly, bonds dated in April, May, and July last amounting in the whole to 25,000 all payable the 1st January next were negotiated and a deed in trust executed. Some provision is thcrelore nec essary to take up these bonds. Designing to place the whole subject under the con trol of the Representatives of the people at the earliest convenient day, I did not pro pose any longer term of credit If this how ever be desirable, it doubtless can be easily effected, by issuing State Bonds . at five years for an equal sum and requiring the Railroad, if retained by the State, to pay the interest ss it may accrue and - gradually to extinguish the principal. What lourse. sIiaII be adopted by the State in relation to retaining or disposing of this Itoad, yet remains a question of great interest' Such has been the demand for repairs and improvements that it has yield ed no dividends to the Treasury for thejast two years. Two new Locomo ives howev er have been purchased at a cost of more than $7,000 each, and the other Engines refitted (except one wholly ruined by the fire before referred to) so that the motive dition than at any tiifferheretofore. . New and superior Iron has been also purchased, and laid down, for . near ten , miles - from Gaston Southward, and the whole super structure of the Road has been renewed for that distance. Very extensive renewals have also been made in the wood work of the line generally. . But the process of re pairing is now carried on under great .dis advantage, forthe want of Iron to relay a considerable part of the track, and the pres ent earnings of the road are insufficient to procure it. . The Northern half of the line, over which the heaviest trains pass, was originally latd with thin . Iron, which is much broken, and occasions a great waste of labor, in temporarily refitting with frag ments, that are soon to be broken sgain, as well as constant damage to the Engines snd Cars from the severe wear and tear to which it subjects them." A prudent economy of ten consists in a liberal expenditure. Any proprietor of this work, would find it his true interest to put it in complete repair, e- ven it it were necessary to give lien on the property to raise the means. If therefore the road shall not be transferred to - other hands during your sitting, ilia obviously ex pedient and proper to purchase immediate ly Iron Railing sufficient to refit it for at least thirty roues. - Fifty , thousand dollars expended for : this purpose, might enable die State to receive as profits some fifteen, twenty, or twenty-five thousand ofthe fifty five to seventy thousand, die present income of the road, a large part of which is now spont on the ineffectual reparation above works also exist, or art lit progress, with a described. Its operations marja on, as EtLeertainty of completion in the course of nnMsjnr wunniit tifn siiii si sr t hhabu ' no proxpect oc profit- If t loan he eon- tracted for this object on liberal time, there can be tilde doubt of the ability of the road to pay it with interest And in the event nf a sale, it would enhance the price of the whole property by an amount certainly aual to the monev thus laid out ' It would no doubt be preferable to eon- vert this property into funds, for .the ' relief ofthe Treasury, rather than to make any other disposition of it. lo expos it at auction however, vrould bt to sacrifice it from the magnitude of the intere! and the facility with whivh bidders could . Combine Aheir capital and put down competition. After a ronmittee of your body shall have made a thorough investigation of die affairs of the road, and to thalnd shall have ex amined on oath ita officers and head-work men. if deemed necessary, three modes of disposing of it will, aa I conceive, present themselves, to-wrt: 1st A re-sale to die former .stockholders by compromise of the suits now pending, if suitable terms be of fered. 2nd. To retain it as s permanent property ofthe State after repairing it in the best manner. 3rd. To unite it with anoth er work, through the interior of the State which will be more particularly noticed in the sequel. The Wilmington and Raleigh Railroad Company have regularly paid the interest on all their debts, and effected eon- siderable Improvement on their Road with the income ofthe last two years. A minute rstalemenl' of ttvBneimdititMru0ftheir Eflairs I will accompany the Report of the Board of Internal Improvement I em gratified to observe a very handsome addition to their receipts, in the items ol freight and way (ravel, showing that the local accommada tion from this work is becoming much ex tended. They will, I presume, be unable to pay off the principal of their bonds, guar anteed by the State, and amounting to $30, 000, which will become due the 1st of Jan uary next. But so long as they continue to meet the accruing interest with 'their accus tomed punctuality, there can be . no objec tion to extending to them the State's credit hiptttt the same terms as heretofore or even for a longer period. ; In surveying our territory, with an eye to the present interest and wants of the peo ple,! am mors than over impressed with our destitution of facilities ' for cheap and speedy transportation. In this regard, how ever unpleasant may be the admission, I am forced to the conviction that we labor under greater disadvantages than any State in the Union: And that we never can be equal competitors with their citiiens in our Ag riculture, ine predominant pursuit among us, until these d isadvantages are in a great du greo overcome. .The man who is obliged to transport in wagons over no better roacs than ours, a distance varying from sixty to two hundred and fifty miles at the speed of twenty miles per day; can no more con tend for profit with him who has the advantage of Railroads or good navigation, than can the Spinning Wheel with die Cct- ton Mill, llad we ever --been in a more favorable situation in this respect, ' and had the impediments which now beset us been imposed by human power, no sacrifice would be esteemed too great to effect our deliver- ance and restore our prosperity. It is therefore a theme fur die profbundest con aideration of those enjoying the e tnfidence oi a consuiuenxy inus suuaieu, anu mienu' ing to requite it by a faithful . devotion . to their interests, what can be done, or ought to be undertaken, to remove these grievances and placetheir industry and labor on an equal footing with "those of their Jellowcitizens in other Stalest It must be admitted thit from Geographical eauses the question was originally one rather diffteulf of solution- And our former enterprises in internal im provement having failed from causes not necessary to be now commented on, the State has of lata years taken no action in constructing works of this kind, and many gooditizcns appear to have concludert.ihat further enorts were vain, as pur doom to privation in this particular was fixed fate. Meanwhile other States have pushed for ward their improvements.. (.some oi werav . . r -i . with a rash ana extravagant- band, it is true, but in the main with the most beneficial results) overcoming obstacle far greater than any whic'i impede us,, and obtaining foi themselves suit greater advantages nver us in the competitions of the market Wa sre therfors iinpelled not only by all the more obvious considerations which ap pealed to us in former times, but by a rea sonable self defence, to abandon further hes itation and adopt at once a system of. im provement commensurate with the wants and interest of the , State.; -Too much should not be undertaken , at once, but what may be attempted, should be thorough ly completed. As the commencement of such a system, and a basis. On which other work may be engrafted, to any desirable extent our means may from time to time permit a Railroad from Raleigh to l;har lotto, by way of Salisbury, appears tome of the first moment -This scheme has not been much considered heretofore," and -de rives much of its imports ncs from - '. kin dred work, now in progress front Charlotte to Columbia, South Carolina. Already from Raleigh Northward continuous lines of Railroad and Stsimhoat - transportation stretch through the towns of Virginia and the great cities of the North to Portland in Maine and Buffalo w on Lake Erie, Similar year or two. extending from Charlotte Southward through Columbia to Charles tons and again 4rom the former of these through Augusta, and the. Interior "of (Jeor ' gia end Tennessee to Nashville, as well as f to the Mississippi, at Mmphijs,enaW New' Orleahs, by way of Montgomery and Mw- - bile. Through a part of lorih';Carolin ? atone s linn is wanting to ' complete the v grand chain' of communicatiort, Irutn one ' extremity ofour Country to the other, and to furnish to the whole nation ihos facili- ties of intercourse which the inhabitants ' North and South of us enjoy in their sevs raV- sections.- The -connexion, proposed therefore being as it were- bridge ?rr a J space now impossible by steam cars, hv- , ing at eitlier eud the great high-ways ofthe i North and South, with their numerous branches for a thousand miles in both dU .. rections. promises a rsasonabls - remunera tion for the ouday of its construction, from. "through" transportation; and in military snd other points of view, would be of groat -national advantage. ' . Had nature supplied us widi navignble.rivers like the Mississippi,, flowing from Raleigh End Charlotte respec tively to New York and New (Means, or even to Charleston, all would at ones peu-eive the benefit of die junction of , the" two, diough the interior of the State, - as . clearly as did the genius of Clinton that arising from fhe union of the Hudson with the grtatlLakcs. . Tha pileL.may .Jiot be yet perfect in the present state .of Rail road conveyances, hut it destined to bs so ft : it distant dsy... ' . '.; ,'. , . i. But the foregoing are merely - incidental inducements to undertake this work. It i commended to us ss a great North Carolina : improvement appealing to our interest and State pride, by arguments which it were al- v most criminal to overlook. 1st , It would open to the marker, of the world an ex tensive region of . "the State, reaching ' from the Capitol almost to ihj Blue Ridgs, ' of great fertility and capacity for indefinite . improvement, by reason of its-Agricultural, Mineral end Manufacturing resource, eon taining in the Counties within' twenty-five mues ot ltta must irwct roe tB,rmor than 930,000 soulsj and within fifty miles, more, than one half ofour whole population, wh are tar removed from places of trads and de -pondent enlirely-on the eommon ; wagon and common road for all thetrtranaportatioti. '' ' The Occasion will nt permit mo to dwell - on its 'numberless benefits ' in this regard, . which will readily occur to any ont who ' looks on the Mspof the State with the ere ef " statesman snd patriot snd. It would add incalculably, to the business end value of one st least (and ultimately of both, or our present Railroads, in which the State has so deep an interest, "and make thenr produc tive Stoks. 3rd, ' It would unite the mid , die and eastern with the westnrn section of the State in 1 domestic trade End exehance '" of productions too cumbersome for the t present mode of conveyance, besides racili tating travel for health and social inter course. 4tn, ur running over me most practicable rout from Raleigh to Salisbury, and thence turning South westward to Char- lotte, It would bisect the State for mora than , a hundred miles, bringing the most rsmota on either side within fifty miles of the Rail 1 road, and would be in E favorable location ' for being extended still farther west, from the former place, and to connect advantage ously by means of Tunpiko roads with all the Northwestern part pf our ten itory. . Whilst It would ftotifar thsss bsosfUS oo ins lntsrlor Cesstry now depressed and psrtlalty sseluded fiom all profitable eematsree, lbs ss Jseiiea has not bass eveilooksd that ft doss not point latnedistsly la the seiboird of ear ewa mat, smsteas increase of ins prosperity sf , ear marks! towns. lM ihsm however aet dss. pair. Its advantages will b afforded lhm Is, due ssssna. ' Afwr ths eomplsiloa f the mala traek a branch to FayreviUe er other point on ihs aavigahle water of the Cape fsar River, will be of easy seeAiapHshmenU Its ttanslon from kaloigh to Qoldsbero would be Inviud by the connexion thas to be formed . tween Witmingi and tht Sppsr Csuimy, and eveatnslly it anight rsalistf thai Khsms etaesa. , Ul Railiesd eonsecraied by the patriotic tabors ' oTCalilaall In an sxiension from Qoldsbors ' u unnnn Wlinka tli,aku m MMrrf It ' - . , v, k.,j..fc ..i...... tsesivs else, the Road from Ralsigh te CbadeCi appears 10 as ids important irapiovmn w "w 4 should first snsga eur stteniionand our si- ' . .1 . . . 1 . .LIA gles. Aad I accordingly locommtoo it is mo patronagsef the L jilaur, to the amount of one half, or at lesst lw fifth ef ihs capital, . aeestsarf for Its eonstruelion. - Th eistaoec is sboo one hundred and sixty miles by ths mail routs, and the cost sf the toad aad , equip meats evsr saeh route as msy besslcetsd would., probably not exceed fl, C00.000. As an Indues.' mem to aid this scheme, it pratentsan opportuni ty for disposing ef the Raleigh and nation Koaa, as has bees imlmsied in the preening remarks, en that Inpie. A .company might be aitcd tnsrubrtcs the entire line from Osstoa to t'harloitc. and the read now warned by the State transferred to thsm si fair valuation i payment of her SHhserlpiloa for stock. Ql the panieulsrs of Saeh an arrangement If favor, ed by ths Legielsiare, no delineation Is here required'- 1 bsve slrearlf trealsd of this suhjeet with mors mlnntenest than may be appropri ate. In an addnsa of this kind,beaoM it bs as yet ettractml but Utile of the publio sMntir. and from a p impresslos ol hs utility ia alloviating the enndidor. of eur industry and reviving the waning ifitmfS nf oar eooslrv men whll ti t lrc ud be of ptvhx sat the eapiial inri't h. v k 4v i ; I bv remwbsd. with mueh .ttifiioi hil some en,lw,'"f pean among imt UKp cilit'st, have eommned v'b Nafiaiil W, ..i ..1M ilk XlMia ltli (cs fMiih J"sgr.) 'A.,-,'-
The North-Carolina Star (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 29, 1848, edition 1
1
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