Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1836-11-25
FOR THE ENQUIRER.
LynchLure and Tnnessrs Acknowledgement et,ceen
Richniond md LynehGurg.

Richmond would receive from the Lynchburg and len
nessee railroad also attempted to demonstrate the
mPro5abllity that effort would be successful to
construct railroad from Scntsve To Fredericksburg,
II the railroad were made from Lyuchburg, by Scots
Ve To RIchnnnd and ais" tie probable injury which
nichIilond would sustain. The Lynchburg and Ten
hrsSre raiIr"ad IL fail, and in lis stead to be
stru:rd from Ricimn:d. by Danvillr: To Tennessee
liz h"" Yer, Iclnn"nd shall Crlrrune r.rt tn patio-
Mise 'iis gIrat improv"rnl-s'Il suffer This rich hncn
pressure" 10 Me- u pass un!ierd' d-st hope. shall
ue enl |" cn"'ire The a's ki!G Of The james RIVER
and Nina" iii ''"p'"y. Ma" II Is their interest To take
the sId:e at the Stock Vi yuchbury and Tenn s.
rail road which may bc nrcesaI 10 secure the carl.r
The tolls on the additional produce and merchandise
which will ascend and descend the canal between LYNCH
burg and Richmond, if this railroad be made will not
only pay satisfactory dividend. but il is believed their
additional Tolls will exceed year. the amount of
stuck necessary tu be taken to prevent forfeiture of the
charter. For, this rail road will through rich and
extensive secDn OF Virginia, passing IN the vicinity of
nr XIaus5!r stores OF and plaster; and II extend.
ed to Nashville Is contemplated Will pass through the
fertile and extensive valry ui the llolston river, having
tie command OF the Carriage Of the produce and mer-
cliandze OF considerable portion OF the Stale OF Ten
ncssee. Already are railroads being made part OF The
way from New Orleans Nashville and expected
that Tennessee will construct railroad from Nashville
TO LIE line ot Virginia, connecting with the Lynchburg
and Tennessee Railroad. 1t will then be unnecessary
Tor railroad bc constructed from LynclbuEg u
Richmond, aud when all these completed. there
will be continued line Of rail roads from New Orleans
to New York
II the charter of the Lynchburg and Tennessee rail-
ro&d be by the ilhiag Of $500 900 Of the stock
the James River aud kanuw Company has The right 10
constr uct the rail roud from Richmond to Lynchburg-
Then, Stockholders of the James River and Kanawha
Company, are ynn willing TO suffer The charter OF tie
LynchOury anu tennessee Railroad ~ be forfeited, when
by It's lu ture lose, perhaps forever lose the right
oil constructing tie ra!l-roaI from Richmond to Lynch
burg which will probably puy in one year. from travellers
alone, after the line Of ruil.ruuds fran North South
shall have been Completed sutcrncy tnr its consruc.
ton; and thereby probably causing railroad be made
by another company, which will enter into composition
with your canal In my former communication re-
marked that transportation by rail road is never less
than cents per ton per mile. When made this state.
mrnt had reference several charters Ut rail- road
companies and had not heard that my company had
taken less than their charter nuthOrzed but hays!ale
y been ln!"rned That the Baltimore railroad transports
eastward AT cents per ton per mile, and westward at
cents per ton per mile. Therefore, may reasonably
cnncndr that railroad will certainly take the travellers
ami light mcrciamdrZr, and when competition shall be
coulnrnccd there is knowing where il will end; not
perhaps, until both companies severely injured.
We may reasonably calculate, that the stock OF the
Lynchbury and Tennessee rail- load will be profitable;
and consequently, shall only be able, any time
sell at par, but will also enhance, greatly the value
OF stock in the James River and kanawla Company.
To prove Is Is on necessary 10 look at the map aud
what extensive country the carriage ot the pro.
duce and merchandise OF which, this improvement will
command; aud 10 reflect that it will be the great high
way Tor travellers from North 10 South, III thus great and
growing republic.
What other rail road ask which is constructed through
so extensive and rich country this, without haying
rival improvements natural communications entering
into competition with it, And wha: 9th road when
this entire line shall have been completed, wall be as much
travelled this, except those Of which this will form
link in the great chain OF railroads from Boston TO N
Orleans: The stock OF many rail roads III The U. States
is above par; and why VIII not be The case with this,
when it will command the carriage Of much produce
und as many travellers as any other:
It, however BIZ said that the produce OF the last
mart Of 0escpu Tennessee,
and Mississippi rivers New Orleans, in preference TO
this rail road but This objection can have no weight wlcn
take into consideration the difficult navigation OF tho
Tennessee river, and the immense distance to market
Bul il NAV be- asked will not the railroad from Cincin
mali Charleston. 3 G., enter into competition with Tie
Lynchbutg and Tennessee Rail Soad | think not If
that rail road he made, which consider coubhl a'
its estimated east is from ~ to ~ 0OuUUU OF dollars,
will probably bring as much produce iyon KEN
lucky which will preference to 'ls raIl'Eoad cs
it Will lake away.
think have shown that the Lynchburg md Tenres.
see Railroad, if constructed will greatly enhance the
value OF the stock oil the James River and kGna~l1a
Company; that the stock will probably be above par ana
by preventing forfeiture of the charter the James III
and Kanawha Company will secure to themselves
the valuable privilege OF constructing ;he rail road lrt IN
Richmond To l,ynchburg.
/! Richmond should continue 10 neg ect this improve
ment which. il made, will pour golden shower INTO
her lap; If Lynchbnrg, through nab'hty, Qur cannot
doubt willingness her prosperity depends upon It's
SUCCESS should not take much Of the stock and II The CT
lIZens the rich section 0t country through which II
Will pass unmndlul oil their true interests, not
To AZ sst IN sa wing The charter; su we stockholders Of
the james River and kanawha Company, suiier TINS OPP
puruny pass unhecded Of adding to the value OF our
uIOuerly and securing The valuable privilege OF making
an Improvement. which will not only yit! great polls,
but prevent competition that must greatly nlure US:
Is il necessary remind you. that petson was pre-
scented the last Legislature, to incorporate Company
construct railroad from Richmond 10 LyncIours:
aud that the petitioners urged the proPrey oi rivalry as
necessary for the public good? In winter, they proposed
to carry all the produce and merchandise and IN sum
tncr the Eight merchandise and travellers: When II they
had succeeded, the james River and kana~ha company
would have received shock srOm winch II never could
have recovered.
When The Portsmouth Railroad received suGSciip-
ton from the State il was urged, tat 1t was not only
breach Of faith in The but that the Precedent
would ruin all the joint stock companies IN the Stale -
This precedent did many Of The subscribers 10 the
stock Of the james River and kanawha Company, 10
Withdraw their subscrI ntorS; and the Richmond ana
Fcdrrcks Rail ,oad Company, to require clause
in their charter which granted VI having mono
poly for thirty years Our enemies are still ia TIC leId
sill are they urging the necessity oil rlRa' company
still the pruprrly vi again petitionlng the LfSsa,ufe'
To charter company, ~ construct !uISio1u io' iN
lnund to LyncbnIg.
Since wiling the above, have heard that it is con-
lelnplacd to attempt TO obtain charter from 'he heNl
Legislature, TO incorporate company, 70 construct
rail r.ud from Richmond along the Ridge between inc
James and Appomaltox Rivers, to New London; and
fnm thence to tic Tennessee line. II the Legislature
should Grant this carlsr the stockholders Of the james
River and Kunawha Company must forever lose con-
siderable portion oil the profits, which tey reasohaDy
calculated 10 receive when they subscribed To tue stock
Although do believe that The Legsla' will ehaT
Ter this company yet, if they were, breach Of tain
might he urg ed with much nose proge'y, and he lu
ilmrnl of the prediction OF tie run'ci loiht StoCh eo
,,n;cs woud be much more probable, than when the
Legislature subscribed 10 the stock OF The PORTSMOUTH
Railroad Then would all the citizens OF this Common.
wealth not in the vicinity of this tuil-road nave Just
,I.., rID ipFph
brr, millions Of dollars 70 compsay, to':naSr great
central Improvement connecting the Eas,ora with Tie
Western waters; and when this company had hui lIrly
commenced 10 incorporate another company ~h'ch