Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1833-02-07

coed step further 10 show that all the PEG.
| pie Of Virginia, who look to the market of
| the Potomac as the outlet OF their produe-
tions, or the inlet Of their supplies, are inter
ested in that extension OF that commerce
which enhances the value Of the former, and
dimnishes the cost of the latter, by the re
duction Of the mercantile profit on the pur-
chase and sale Of both.
To the counties, therefore, Of Fairfax,
bouiloun, Jefferson, Berkeley, Morgan, FIRE.
derrick, Shenandoah, Rockingham, Augusta,
Hampshire, Hardy, PendIeton, Randolph,
Preston, Harrison, Monongalia, Brooke, O.
hio, Tyler and Wood. which may be directly
benefited by that reduction Of the price OF
carriage char geable on their exports ant i'm
ports which The Chesapeake and Ohio Canal
is calculated to afford TO greater or less
proportion of ther population, may be added
those upon the Potomac below tide water,
and the greater part of the counties of Eau
qnIer and Culpeper in computing the inte
rest OF the commonwealth in the completion
Of the Chesapeake and Ohio Canal.
But that interest in truth, comprebends
many results, clearly deducibie from the &C.
compfishment of this great enterprise, which
extend their influence through the entire
commonwealth, and to the remotest ex
he discerned in the extension of the popula
ton, commerce, manufactures, and wealth
Of the counties which have been enumerated
and in the complete development Of the va
fious productions Of the forests and mines Of
so large portion OF the territory Of Virginia,
| a great part OF which is now inaccessible 10
human industry. Nor can il be difficult to
extend these to the comprehension of more
enlarged and exalted interests-interests on
which no price can be set, because they are
in trsth invaluable. They are to be found
in the direct tendecy Of this work to produce
'contentment among The people of Virginia,
and 10 Insure in all future casualties tire in
tegrI,y of that territory.
IL was said by an eminent statesman, one
Of those citizens Of Virginia, who was com.
missioned in 1879 to examine and report on
the best means of uniting the DANES and
kenawha rivers, that events might be wrapt
in the "mysterons future" having strong
err hearing on the main purpose OF that great
work. than any then Ia be discovered The
ailusion TO the possible disunlon Of these
states then made, prompts your committee
to urge, atpresent the views then present
ed 10 the legislature with almost Prophetic
sagacity, and to recommend the Chesapeake
and Ohio Canal as one OF these Safeguards
OF union, of which too many cannot be pro
vded, II the importance Of the object be con
sidcrec.-Of them all, there is not one so
near lis accomplishment nor one requiring
tor its completion a less sacrifice Of Temporal
ry advantage; nor, indeed Que so important,
1t the peculiar position Of the northwestern
territory Of Virginia, bordered by the great
and growing states Of Pennsylvania and Ohio,
be justly regarded
efn =. 4
canals, which offer channels of convenient
intercourse to the people Of thier extensive
territory of Virginia; and the Monon gala RI
yer, navigahle from its centre, invites them
TO accept their USE. while the parent states
as yet affords them no adequate incentive to
attract their interests ond affections nearer
home.
The committee forsear TO enlarge upon
this topic A patriotic cucumspection will
proht Ivy the present moment, and deriving
mt "ctIon from the past, apply its monitory
lessons to the future
In. looking INTO the resources OF the com.
monwraih, for The prosecution of public
works OF general INTEREST, and comparing
them with those which other states Of this
Union have successfully employed for sim,
lar purposes, your committee are struck
with the remarkable fact, that al of them,
without exception, have aided their public
works 6y the public credit, through the me
diam Of loans. Such has been the policy of
New York, Pennsy and Ohio, as we'll
as Of Maryland.
IT It be wise to apply to any purpose that
credit which is but the anticipation of future
wealth and income. surely II is TO the con
strnction Of those internal Improvements,
which augment both the population of a
state and the productive powers of its labor,
to an extent vastly exceeding in value the "a
mount Of the Capital they need for their &C
compllshment And where, as in the case
OF Joint enterprise. part only, and that
small part, IN proportion of the entire fund
which such enterprise requires, need be
drawn rom the public credit. the grounds
here assumed Ivy your committee are strong
iy fortified, since the early completion of any
public work enables those who have contri-
buted to its construction to reap an earlier
return; and, il they please, 10 withdraw
their contribution for other objects at any
earlier period. Such aid is, indeed, but
loan, for a limited term, of the credit
OF the state to a public work, which
IS calculated to repay the aid with tenlold
profit. For besides the mere tolls of the
subscribing stakeholder, the commonwealth
should compute, as part Of the gain, the en-
iargement Of her population and extension
OF her agriculture, commerce and manufac-
tares, and in this case. along with all these