Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1831-03-17

Inc whole amount OF interes on Il @ loan
the four 6's, years, s22s, oo'
The surplus revenue Of tho Internal Inn
provement fluid, including the del of our
late Treasurer, in the falo 1881. will be ss7. 5o
10 1882. the annual surplus revenus, i'm.
GLIDING ~" interest on the for,ner surrlus AZ 5Ot
And in 1888, 1891, and ia 1885. the annual
surplus revenu :, i~acludiuk the interest
on lie previous surplus, will be about
$50 1000. per annum. $3.50 OOI
The whole amount Of he surplus reyenu,
Il the iurd in 1888, S2s5. 90,
From which take the sum Of S225. 900, the amour
oil ths interest on the loan for the four Ii, 81, wears. n,
10 1850, and there will be a balance OF $50 900 Of tn.
und at that time uoa"propriated. 10 this es innate, he
PROBABLE increase OF The surplus revenue, (.hieh mus
osVsry considerable il not iDcluied.
nave said. SIR, that the additional tolls on the nr..
sen. race OF the James River alonS, will be more than
suu'ie9t 10 pay the annual interest Of $9o, 900 on this
loan. Yes, Sir, the additional t,lls on the presen,
trade OF the James River, between this place AMI
Lynch6urg, will more Than suffice to paw this inter.
eM. Inc Tonnage shipped between ibis place and
Lyncnourg. during the last year, was about 90. OOS
.ons-S2 per ton on this, would amount TO 800 600 !.
Sio,Ooo more than the annual inteee 4 on he loan =
ms would be a very moderate toll on the whole i'm.
Provement from Lynchbnrg to Maiden's Adventure. ,
distance Of near l20 miles. when the toll a. present
rom that pace 10 ,hi., a distance OF 80 mile., is near
,, ooet' per ton. The f~reightags would be reduced
rom . 10 about z or $3 per ton, and the whole cost 10
the tarm-r or Pi,nter, including tolls and freightsse,
would be four or So per ton fom Lynchburg-pro
dacins a saving to him of three or 81 per ton
Hence, II Is obvious, that the additional mode rate toll,
on the pre,ent trade between LyncLburg and this
place, IL sufficient aicne 10 pay the interest on an A..
mount sniiiciens to dig an independent Canal, or build
a halfway rem Maiden's Adventure TO Gown tom
But, Sir,I II appears from the Report OF the q Auditor,
that the Trade between Lynchburg and this place. has
Increased during the last five years 90 per cent, not.
withstanding the imperfect and unfinished state of the
improvement. Is IL, then, unreasonable 10 suppose,
that the same increase will take place in a. next five
years, when the tolls will he frs, required 10 pay in
ltGreat0 q IN Oan- ThlI wnuld 49, A.
to 10000 tons, and the additional tolls 10 $3.50, 600
Add to this, Sir, $50. 900, the probable tolls on the Ri
yer between Lynchburg and Coving,on, estimating
The tonnage al $4,000 tons. and the tolls at az per ION
on this section OF the river,) and the whole amount of
additional tolls on the River, between this place and
Covingioa, will be in all probability $50, 900 by 1885,
wnen The tolls will be first wanting to pay the interest
on The loan-a cum su1i lent to pay the interest on
Tour, instead Ct two millions. And, Sir, I will ven
.nrs' to Ired'et, that II this improvement be completed
TO Covington. by the year 1885, and il should there
stop, that by the year $780,. five years thereafter, the
trade, aud consequently the tolls on the whole River
VIII have increased one hundred per cent, which
would amount to three hundred s. sixty thousand dolls
per annumIa sum sufficient t9uPay the interest on s
millione. Is il an unreasona6M calculation. that the
trade on this river will increase fifty per cent. in the
next hve years, during the progress of the improve
ments, when it has increased that much during the last
hive years, Notwithstanding the very partial and inner
iect state oil the improvements, or that il will increase
twice That amount during the five first years after the
improvements completed? No, sir; lust as certain as
this improvement is completed TO Covington. will the
trade on this River thus increase. BY opening a chan
mel through which the rich minerals of our mountains
and the agri cultural and manufacturing products of our
fertile valleys can be poured into the bosom of Virginia.
and through which the sturdy sons of the mountains
can De supplied with commercial commodities and east
en dainties, the tolls will be swelled TO a large amount
by this means will the funds of the Government he i'm.
creased Will energy and enterprise be inspired, and
VIII, mus combined, stimulate us all to the bold under
taking OF %humbling the proud Allegheny, by throwing
over IT into James River, the rich trade of the Ohio, on
a canal or railway. No one will now pronounce This
SCneme, either ChlmerIcal nr innracficabla Vou.
hghtened and scientific Engineer, and one of the most
Intelligent and practical Of the United States Engi-
neers' nave examined and surveyed this contemplated
connection CT the eastern and western waters, and re.
port 1t not only practicable but the easiest of accom-
plishment on this continent. The whole estimated
costs is bat little more than one million and a half
Hence 1t Will be perceived that the costs of an efficient
and permanent Improvement to the Ohio, would not ex-
coed four millions; that the additional tolls on the i'm
%provement between this place and Covington, will. in
all probability amount to $50 900 dollars by the time il
Is completed to that place-a sum sufficient TO nav the
interest on four millions; and that by the year 1910,
hve years thereafter, the additional tolls will, in all pro-.
liability, amount 10 $3.50 900, sufficient to meet the in
terest on eight millions, twice the amount of the costs
oil the whole Improvement to the Ohio. When this inn
provement 10 completed and the rich trade Of the Mis-
sissippi shall be opened TO our eastern markets, and
snail receive from them in return the costly merchan-
dIze oil foreign chimes, then, sir, will the Golfers of-out
government be hled to overlooking, and the wealth oil
our people intellectually increased. Having ascertained
that this improvement Is both practicable and within the
means oil the State, without resorting 10 taxation, let us
next enquire mt the Inducements to embark in this no.
Die enterprise. 1t was very clearly proved by nv col
league, and my friend from Kanawha, that il outlets be
made Tor the western produce, from the valley of the
Mississippi TO the Atlantic cities, much of il must take
that direction instead of going TO New Orleans. The
lnclement climate OF that city, destructive, both n
health and to most of the agricultural products of that
couHtry-and the dangerous navigation TO sea, will for.
ever give the Atlantic cities a decided advantage over
her IN a competition for the western trade, not W
standing the waves of her noble River are amply sufi.
cient TO watt the whole of it on its bosom to her. The
tOrml1ahta rnnnnoffAra fr a.. ,-I- ~
YORK and Philadelphia. / shall attemrt TO shew, sir
mat Norfolk commands such advantages over either OF
mem, mat she would outstrip them both i'm an honour
able competition, ii the State would, by a liberal and
enlightened policy, improve the bountiful gifts of ma.
turc. III Is only necessary 10 visit this ancient city, and
examine her situation, TO he satisfied that her locality,
IN a commercial point, with regard TO this trade, is more
on this continent. Situated in sight of the cares, at the
mouth OF the magnificent Chesapeake, with a beauti-
iu', secure and convenient inner harbor, with a sufIici.
ent depth OF water TO bear the largest merchantmen.
laden with the heaviest cargoes, 10 the very doors OF
her merchants; and with one of the most capacious and
commodious outer harbors in the world, where the
largest vessels may ride at all seasons in perfect safety,
under the protection OF the guns of the impregnable
Notifications Of Fortress Monroe and Calhoun, Nor.
folk need not shrink from a comparison of commercial
advantages with any city. Thus situated, If she ever
acquires a large capital, she will command the most OF
the trade OF the Chesapeake and of the Roanoke.
through the Albemarle Sound and Dismal Swamp Ca
nal. And, sir, so sure as a connexion is formed between
the Ohio and the James or Roanoke, will you throw into
her lap the rich trade OF those Rivers, which will bring
to her a capital sufficient TO command most of the trade
Oh The chesapeake, and to compete successfully with
her northern rivals, Philadelphia and New Yoik, for
the trade OF the hIIsefseInpip What ao Nn,lft Is-.t