Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1833-08-22

Decesed 20 PssssSesv Ess'st
Independent of thess liberal views, ~hiek val
re sdily suryva tAssssivcs ts the rrn~etinx
propr,stos ard sppr.iss~. ne advantages, On
many eas~s almost exclusive Co those lands
through which The resd may pass. ought IN
make tk,ir owaer paosc beforr hc detsrnines
to escumber 30 beneficial . tl..rpuxhfsrr
with local sssessmests. To some pi.nsstioas
hut little known, 10 viii give . local habhs-
lion sod name, and rtsisiy will str sct to
those which unite improvement 10 80 favor.
tble m outlet ZOE produce, the sstsetioa of
assiug traveller, who may desire To pur-
chase landed property. To al, under an ar
Management, consistent with the regular trade
of ths company, might u afford the ready
transportation 10 mill or to market, Of grain
sasily accumulated along the line By thrcsh-
ing machines; and at stated periods, plaster
prepared for immediate use, and other bulky
'rt'c'es, could be conveniently delivered from
return cars, TO suit agricultural Consumption
such privileges, which cannot DO anticipated
by iarmer separated FROM the road. exccpt
through the favor Of his more fortunate neigh
Tor, arc entitled TO full cons liberation, in de-
tcrmining the amount OF indemnity in .any
ease 10 be expected. We have heard o. but
lew claims set up by the owners Of land
through which the north western TURNPIKE
passes; and wc cannot perceive why the state
should have . stronger claim 10 Individual
iioeraiity, when acting by itself. than when
associated with corporato body. in effecting
any object OF internal improvement-thc more
especially when that object is TO convey eve
~ artscie Of produce, and home demand al
loss Than half The present rates Of transporta-
ton.
Whiie II would remedy, in some degree,
she discournging suspension To which our
Work has been unavoidsbly subjected, it is
believed that the interests Of the company
would be best promoted, by Offering ia.
wnosc, or the greater part OF the line, for
contract ut once. This plan, il is supposed,
wor'd DO bettcr calculated To invite suffi.
cicnt number Of responsible competitors for
the construction of the work, aud ON more
advantageous terms, than by offering it al
different periods, and in smaller portions. II
would also promote uniformity Of superin-
tendance, and while il would limit the period
of annoyance 10 the country from labourinr
operations, more or less incident To works of
this kind, IL would shorten the unproduc,iye
condition OF tho stock, and render speedily
available the great advantages Justly expect
ed from our junction with the Baltimore rail
road and Potomac canal-both Of which, il is
believed, viii be in full operation next sum.
mer. To accomplish objects so desirable.
some urgency In the payment Of instalments
must be endured by the stockholders. One
fourth OF the three-ffths subscribed by indi-
Nlduals ought 10 be called in, by those en,ru,t-
ed with tho management Of the company.
before November next. To meet the regular
demsnd Of contraetors-for il is intended
that the work shall then be under contract
TO sustain the reputation Of the company, by
giving spirited and effective impulse 10 its
early operations, the treasury must be well
supplied, and less than this amount would be
insufficient TO meet the necessary dsburse-
nens. Connected with these considerations,
u 10 proper that the stockholders should bear
In mind, that evidence Of this sum having been
Paiu IN oy subscribers must be laid before the
board oil public works, to entitle the company
70 one-fourth Of the subscription authorized
from the fund for internal improvement
Even In northern undertaking. such as ours.
where the stock becomes. rs il were, a per
700 OF the circulating medium, and is kept
up BY that fraternai influence among comma.
mics, which pefvades a stockjobbine' eommu-
nifty, u Is not deemed prudent to commence
active operations until 90 per cent. at least,
mas oeen paid upon every share of stock
Much less so, would IL be, in an agricultural
community like ours, unaffected by any such
nrt'hcial excitement, and unproyided with
that active capital which would maintain the
STOCK al its proper value, TO trust 10 the en-
srgeuc prosecution Of the work without
consiaerabie sum in advance 10 supply casual
aeiinqusneies, aad meet the necessary dis
burscmeuts. This course, il is believed. will
command the support Of rejecting stockhol-
sen, as lending ut the same time 10 strengthen
me individual attachment Of every subscri.
Der 70 the fortunes Of the company. and 10
prevent any undue sacrifice Of his interest 10
NE selfish tpecuiator, who may have With
neso ms AID In expectation OF reaping the
benefit OF that capital and enterprise which
hrst sustained the work. Let IL Be cun.,der
81 tnen, ths duty Of every individual stock
hoioer TO pay promptly his own instruments !:
ana acting 10 hrs associated capacity, TO sti-
mulase hts fellows 10 the same punctuality
essential 10 the advantageous progress Of ~.
company, and the contamination of thar
hopes. The business OF the directors will thus
DC rendered comparatively easy and the I'm.
pleasant course Of Iegil collection, under a
charter, though clothed with ample powers.
need be but seldom adopted. Let no sub.cri.
Der shelter himself under the impression tina,
ms obligation, however limited, il slight. or
ats performance unimPorIant. The a9gre-
gate interest Of the company is made % of
individual obligations and self-protcetion /.
an essential CHARACTERISTIC Of every Joint stock
association.
The railroad system, which, about the
sented, had suffered a partial tlepre~,ton a.
mong the advocates Of rival modes Of internal
Improvement, has revived, and again assumes
us proper ssccndaney. o. England IL has
1fu,1Phcd over the Wanted effect Of steam
earrisges on turnpike roads i, has fought h,
way 10 public confidence. Ia spite Of antigua
TED usages, and sristoeratic monopoIIes: and
@nes the Incorporation of the Birmingham
ana LONDON railroad, u may be expected 10
fsmuy 70 every diteetIOn throughout the ooun.
- IAasous fof its PFudeat eRterprize. IN
VI nosunern states Of the union the sfsiem
gains ground every day. and ere msay ,esr.
have transyired, every important line az ,os,
msree snd travel ia that ind,,.triovs r.vion
van Be occupied By railroads. AlresdS ara
Baltimore and New York brought witiin
Gays journey Of each other by that e.nsdi.
zoos mode Of transportation, aud tbe No..
will soon be extended 20 Boston oo &C. 80