Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1831-06-23

being pledged for the payment both of the principal and
interest. Public confidence i'll this stock Is daily IN,
creasng, and large capitalists making hcaVy invest,
ments therein This stock, like Aaron's serpent will
soon swallow up the rest.
From the yuchhrrg Vmeinian.
Internal I,upropemenf.-A letter from citizen oil
this place, u Southwestern tour, gives higniy
attering representation of the state of public feeling
In that quarter the subject OF the contemplated KAT
Road We extract from the letter the following paras
graph
"Hghly as estimated the value of this work TO our
town and to the State generally, fell far short of it's
real importance. No do it justice, without the
most minute enquiry and investigation have ascer-
tanned facts, that would have appeared to me m
credible Such for example, that plaster be sold
at the banks lin of extensive demand) at one
dollar per on--that in like event, the salt OF this
country encounter and successfully too foreign
competition in the Lynchburg narkctthat there are
400 tons of lead lying at the work. for the want OF
market, &c. &c. In short, the amount and value OF
transportation this railway will DdStty exceed our
most sangune calculations. And the stock must be as
profitable any such stock in the world. Depend on
it, that this stock will present wide field for successful
speculation"
Ly,,chburg and Ne,c Riuer Rail Road.-Mr William
NJ Rivcs agent for the citizens of Iynchburg has
been in this town for few days, making inquiries about
the practcabity of the Rail Road from New River to
the Tennessee line, and collecting such other infnr-
nation as may enable HIM tn ascertain the probable
amount of trade that would flow into the Lynclburg
market from this ard the adjoining counties, we'll
as from the ncighbcring states OF Tennessee. Ken
lucky and North Carolina.
MIR r. has created active spirit of inquiry among
citGeas, and understands subscription about
Beng ised, to enable the engineer tn continue the
survey tn the Tennessee line; and hope that Their
Counties will follow the example, it is desirable
tina, full and complete survey should be made pTeg
ons Ia the meeting of the next Legislature. MIR.
X. Is now visit 10 the eastern part of Tennessee
wih Wow otascertaulng the probability of the
tinuancc of the nlcmplatcd rail Dad, far the
Boat Yard, Or farther, # assary. We do not hes
iaic to say that this gentlemen VIII be enable to col
lcct SUCH informal viii vince the most scep-
teal Of lis rracica5ily and superiority every
other kind of road The pract cabty of The roirnnds
not doubted by any person who has thought upon the
subject, or made any thing ike estimate Of he ad
vanagrs iai would arise to he state, and especia ly
this part Off ncrchar, in Ills town Informed US
the other day that he ST. tnc fy fee thousand pounds
Of coffee il year. We have also al ell that
upwards of hundred thousand pounds of coffee
are sold in this Town il year. rhi forms but II
small PARTON OF t freight this place, unit.
With his rate OF freight and the p; obable increase
that would arise, after the completion Of such road,
there Dug 1T to be DOUBTS up1u the subject a ton
and p all that IS rrqured-,Ve have
gold iron, salt, lead p!as:cr, snr1le and numerous
other things, which Of icmSeiycs would make rail-
road If had market Cor them.
.qJimgd n Republican