Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-12-30

Hav bccn
since made by the Engineer, shcw that reduction i'm
distance of one and half miles may be effected between
Richmond and the Painunkey by line terminating in
street on Shock9 HILL and the cost of which will bc
abont $4,000 less than that of the line first traced
The commissioners understand from the Engineer
that doubt is entertained by him. that farther retuc-
tons in the length and of the road will result on t
definite ocation that the whole cost of the road with
all its appendages Fredericksbnr~ win not nrobsb
exceed 500 600 if indeed il shonid reach his sun,.
and that the whole length of the road may probably DO
reduced to fifty eight miles.
are So the Commissioners have guarantee the pro-
cssonai reputation of the gentleman to whom their
vcys were committedD there be but little doubt of
he productivencss of the improvement, and that
investment none which has been offered for many years
TO the public can be more advantageous.
In confirmation of the above positions they would
respectfully submit,
LIST That every railroad hitherto made in our country
Tor the accommodation of trarci has been productive
I'd That the line of railroad i'm question would neccs-
sarly take, not only the whole travel between the CITY
of Richmond and of Fredericksburg and the north
and that between the city of Washington and towns of
Alexandra, Georgetown and fredericksburg, and The
shoc Soai and all the local travel on this line but also
inc largest portion of The large farc between the north
ana SOUTH now accommodated by the packets the coast
and the bay steamboats,.
That the above view is correct only necessary to
advert to the fact that the Baltimore and Ohio Rail Road
company are now executing with great energy the
branch OF their railroad which connect the cities
of Washington and Baltimore and that this work will
have been completed in the two years from Tho
present time BY means of it and the contemplated inn
provcmcnt between Richmond and Fredericksburg n
travel be expected to be diverted from the bay md
the coast through towns and of that on
Tie line OF the Improvement the of which can
only be appreciated by those who have witnessed the
vastly Increased intercourse produced by similar improve
ments I'm other quarters of our country.
In the absence of specific data on the subject the
perence ofthe Petersburg Railroad Company furnishes
some facts which pertinent Previous the cxccu-
uon oil that work the number i'm the
line of Stages between Petersburg the Roanoke did
not It is understood exceed three each way per day. or
varied between 10 and 40 per week. Since the execution
OF that work. the number has averaged generally between
80 and 40 per diem, from 300 $50 per week. the in
crease OF travel the occasoncd by the esecu
ton OF the Railroad having been nearly in the of
ten to
Presumng only half the increase between Richmond
ana washington that has taken place the Petersburg
railroad increase in the ratio of to l. and when
we recollect the great facilities which will be produced
by tile contemplated improvement, the estimate seems
TO be ut least moderate should have about
42o passengers per week the contemplated railroad,
hundred and eighty dollars per ecek on the proposed inn
provement, from passengers alone
With every confidence in the above views, the Com
missoners respectfully present the following proba
bic estimate of the annual receipts the proposed line
of railroad
For passengers, 429 per week. or 81 $40 per
annum, at 81, AZ 360
For the transportation of the mail Io000
On cotton, coal, agricultural products and
merchandise, $4,000
l2a36O
Deduct for repairs of road, wear and tear
of locomotive engines, cars and carriages
and expenses of Ianspoi tation, so per ct. I1S0
S6lIso !.
And we have nett balance of SCI $50, nearly nine
per cent? TO divide Stockholders Immediately on the
execution of the proposed Improvement
But there can be doubt that the above income must
largely increase with the growth of country and its
Increasing trade and travel With the facilities offered
by the proposed communication for the transportation of
Coal and Cotton to fredericksburg, can be little
doubt that the last named will become like Rich
niond and Petersburg rapidly Manufhcturing and its
excellent water power readily available but now so
little used be employed TO give stimulus the in
1ustry or the country in which it is situated. The ef
feet OF an Increased prosperity extend in still
ratio not only the intercourse between towns
but that between them and the Northern Cities, whilst
the travel of that class of persons who visit the cities
OF Washington and Richmond, during the sessions Of
Congress and the Legislature, business
or pleasure, may be expected largely and steadily to in
crease -
The commissioners looking at the subject in these as
poets can scarcely doubt that in the ola reasona
bic period the improvement will produce the stock
holders in dividends the maximum us DER cent? author
lied by the charter; and this maximum if produced by
the TOLLS it will be recollccted is completely secured to
the company for term of thirty years after the compile
lion OF the haii-Road, by clause in the charter which
guarantees The company during that period against all
competitions from any rival work
The above views go to shew that Investment i'm tho
proposed improvement cannot fail to be and pro-
dactce; but other considerations still decidedly
recommend ITS patronage to the citizens of Richmond
and fredericksburg and the country To the
owners OF property between Richmond and Frederics
burg 1T will insure cheap and speedy transportation of
Their products, and of large enhancement in
inc value OF their lands To the merchants and ship
pers of both towns facility in keeping assorments
complete and in making their purchases and transactng
business in either townTo the Hotels and boarding.
houses IN both towns increased business propoonntc
to the largely increased amount of travel But by the
property holders IN both towns, the benefits of the inn
ProVement Will be more particularly felt Its enhance
ment may be greater in than in other portions of
each town, but will be felt in degree in all. IL
street in Richmond now so partially built may DC ex-
Pcctcd to become in few years throughout its whole
extent what Broad street in Phladephia since has
been occupied by the Philadelphia and Columbia Rail
road, mas been'bccoming rapidly, handsome ave
nue. presenting on either side ranges of warehouses
retail stores, handsome Hotels and Boarding and
the industry of city and Fredericksburg will expert
cnce impulse from the Foundries and work shops
to which the Rail Road will give rise Fredericksburg
IN addition, account of the abundance and cheap
ness with which all the supplies of life are procured
there, may be expected when easy communication
procured to and from the residence of many
families of that class in society who are not tied down
by the engagements of their members any particular
spot but left free TO select the abode which most
attractions But it would be difficult point out the
many results which may be expected TO from the
execution OF the work in question, 10 the which
1T will connect. Unless the commissioners are preatlv
mistaken the productvencss of the Improvement as a
stock, clear it to then is it's least recomInen
dation
In conclusion, the Commissioners would remark that
the whole amount of private subscriptions requisite to the
completion of the work is $i20 600 treefths of tho
capital stock Of the company as there can be no doubt
that the State will next winter subscribe the remaining
twohths; and that TO organize the company aubscrip-
ton OF $3OOO0O is by the charter made sufficient Two
dollars per share to be paid the time Of subscribing
which sum, of course will be repaid to each subscbcrf
the amount necessary to organize the company should
not be made up.
John IT, Eust0ce, Wilson y4Gfen
Fleming James, Tduetfe johnson,
Lclcis WebJ, ". S. BIdckfoTd,
John n. Lancaster, John H. .Maruc
james BoskcT, John DckerSon,