Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1831-05-27

D OiOtOOO
Two - ctiou7, 600 600 51OOo
Ihrse sectons, 900 600 los, 900
Four sections, 1900 900 $50 OuO
rave sections i5OO,OOG 270, 600
Add five more se cticns OF thirty miles each
Six sections, l,sO0 900 37S 600
Seven sections, 2,lO0, 600 hOl OO0
Eigh' sections, 2,f0O 900 65S 900
Nine ssciion-, z 700, 900 $40 600
Ten sec ion, 8 900 COO 600 Ooo
The only limit to this mode CT calculation is ,b-
necessity of reducing the toll 81 as TO enable distant
produces to bear the expenses OF transportation. fiit
suiticien', however, 20 shew that by extsndjrg. a road
under mod ratrIy favourable circumstances, the b.
lnee OF pref, aud ioss may be changed Tom the latter
TO he former, and thai, though a Iosd ihi.y miles in
length might be a losing business, one OF 200 mil
under similar circumstance might bs extremely lu-
erauve. Another Inference TO be drawn, is, the
inexpediency Of connec lug onrteives wih The prois ct-
ed iudr pendent rsi'-road. watch would derive immense
advantage. from the alliance without C ,nterri Z equiv.
alen' beOeiis.
W. will conclude cur rema, ks by advcr,irg 10 the
prodigious accession OF trade to be anticipated from the
ex'en.ion OF The railroads 10 Knoxville, ia Tennessee,
or 10 Point Pieassot, on The Ohio, and perhaps TO to,h
The former would gather the products Of ID. south.
western counties, and OF Eas, Tennessee, and striking
the Hcsion, a nayigabie branch Of the Tennessee ri
yer, would, connected with a car al or railroad, around
the Muscle Shoals, command, in a great degree, he
commerce OF that river and OF The o 10, The Cumber-
land, The Mississippi, and the Missouri. Colt n il now
hndirg z. its way in wagons IRON Tennessee 10 Pa.tons.
burg and LyEehSurg. to b. conveyed down Jsmes Ri
Yer TO Rlehmond; but would, UNIQUE iion ably, meter
preceding to 5 aun'o1, and thence on TIE railroad to
Baltimore. The people OF Baltimore when organizing
their company calculated largely, upon The commerce
OF The south western states, notw hstanding the rival.
ship oil sUpposing, no doubt. with much
reason, shat the certainly, re- pidity safety and economy,
OF i~ransporia ion On their railroad, Va oulJ successfully
compete with the circuitcu9, dangerous and tedious
voyage ron 'h7 later city, to the Ior.hern towns, and
the interOr veal u ad e~nlercriZs of is mafke's. These
advantages woul! be ours, 10 a remarkable degree
by ou' nearer approximation TO the centre Of that trade
than The western termination Of the Baltimore rail road
at The mouth Of the Little Klnawha, should hat loca-
ton bs persisted in, instead of the OtyioIIs prlicu of
adopting our route southwestwardly. A similar re
MARI lie equally applicable TO the extension OF our rail-
road to Point Pleasdn'; @hich is convenient 10 the sou h.
efn termination Of the Ohio and Erie Canal, the latter
uniting with tho Oiio 80 miles below The mouth of The
Gtea' Il 'Dswha. And then in alliance wish that can,l.
the Mississippi, Missouri, and their many tributaries,
we would sweep a gfeai part Of the trade OF The wss.
tern and N)tth-ges,ern regions, even to the Rocky
Mountains, and tie Lake OF ihs woods.
As farther ~eIilsncs of the security with which mo-
defae capitalists may make inve itmenis in the stock
OF The company, we annex TO ibi' communication a
statement furnished by a member Of the ommiues
she wing the effect OF The prodigions increase Of the
amount Of tolls in oiminishing the acquisitions upon the
thasebolder'."
We have thus enceayoufed, az 'uecineHy az praeiica-
BILE, 10 remove some erroneous Impressions ia relation
to the contemplated enterprise, aud TO designate, as TO.
plea ioF rehoehon, several considerations bearing upon
the probability Of success You will Obige ne by cor.
reciing any errors into which We may have filloD, add
staggering such additional vie We as you may deem use
fuI; and we ibibk you will confer an important benz q,
upon the public, If you concur witb US in opinion, by
promoting sub1crpions'to the capital stock of The COM
pSby amongst the people Of tie valley. |, may turn
out, ,hdt our unaidsd contributions may proye iDiJs.
quate 10 tie accomplishment Of the Improvement. In
thai event, II will be Deeesssfy 10 seek assistance In The
Northern cities, or even in Europe. With the pros
poets before ne, there il 10 redton 10 apprehsb nd en- u-
innate failure, ptoyidsd we are true TO ours,lve,; but
we shall solicit corporation from abroad with a very
bad grace, II our own subscription lists should exhibii
g q beggarly account OF empty toxss."
respectfully your ob't serv'is,
BRlSCOE g. BALDWIN,
A STUART,
VIM. KINNEY, Jun.
ROBERT s. ROOKE
THOMAS J. NICHE.
An es imaie Of The C st Of stock 10 the auouni 4 SO,
600, on the railway from Hdtpef's Ferry to Siaunton:
and equally applicable to every subscription Of greater
0r lees amoun'-on the suppOs,ion that In work eap
be accomplished in bvs years on a loan OF s 1000. 600.
$4,000 subscription, and five years 10 p1y.-lf he
whole be borrowed al Tho rate Of 8 per cent the snnu
al payment IL the amount. Of interest on the p, riiou Of
the losn drawn from year 10 year-.ay one-Slb and
OF the $4,000. 81 O00.-Th-n the interest Tor
lst year, on 5000, az 9 per cent, 800 90
81 1000. I" 200 on
81 d" 6,Op0, " 800 90
th d" 8 coo, 400 90
oh 10000, 500 90
-------
1880 90
Or II the whole loan be taken up at once,
Interest slb per cent. on $1,000 will be
6T00s anI fr r .n.n . ~on m