The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-12-14


F'1ea'es are engaged 10 magnlfcien. scheme.
Vi Improvement, Offering high wages to the
"e'hah'c and labourer, whilst the south
west invites the farmer with her fertile ma r.
auise' Have We, then, any hope, any al
'eIhdtise, but IN continued and yigorou.
ehoft al general improvement We musl
anehoraie the condition of our eeope. and
"e must stimulate their home eosefprizes,
or DC content 10 lose, with their wealth,
our better population.
i he system Of improvements adon,ed bv
our last Legislature has gwen employmen,
10 many, and a show Of activity and bas,.
ness producing most happy tendency. /
oeiieve Il IS only necessary TO push forward
these works and 10 originate others eonalIv
ana obviously necessary, to change the
Whole lace OF affairs, ana give new Guar
aeter to The State.
IN April OF iast year, the Wilmington
and Raleigh Raj Road Company app,ed.
asreeabiy TO law, for the subscription of the
State OF Two firhs of It's capital. Tins sun
sci'piion was made by the Board Of Internal
improvements, and the first tnslallnenl was
PAID Since that period, two other ,nstaI
hents, The last 10 The pas, month of Octo
Der, have been Claimed aud pad; making
The total SUN vi $3.50 900 pad by the
lls'ate, and on the part OF individual subscrl.
befs $500. 5s7 Sc.
viii here take occasion 10 remark. thai
oy the law, as II nov stands, 1t will be diff.
cult Tor the company without acl,oe with
great harshness towards some OF ttieu m
uiViduai subscribers, to claim the fourth IN.
s'al'neni from The State. The law REQUIRES
mat lndisidual subscribers shall fist pay
their ips'alment OF 20 per cent. before the
company can claim the same nstalnen,
from the State. A S matter OF caution. 10 |
pIeyeot The use Of the States funds. with /
oui faithful payment on tue parl of md, |
siduais, the rule might well he applied 20 +
Que % even to Two instruments but II would +
seem to be more Just that the payments .
saould be made "pari passu." The com 4
pdnt, however, tase collected "a per cent.
ol thu stock. The collection OF the las, IA
sialmenl from individual subscribers must
necessarily DO attended with increased dit
heuliy, and even II one share remains IN
pAia, The company cannot clam that install /
tieh Oh Inc State; w''ich may embarfass
the company and check The progress of the
"otE. Many cases may arise where IL I
would BIZ nnIust and exceedingly IN pleasant /
10 enforce payment from individuals, who
had faithfully pnld up IS per cent, either
BY sacrifice Of the stock or az other pro.
perry, aud the company will certainly be
driven To this alternative, which, an per
suaded vas neither the wish nor the iuitn.
ton d the State, without further lea,sla.
tive action. would recommend, there.
'ore, as an act OF justice, the passage of a
resolution nstrucling The Board of Internal
Improvements TO pay over forthwith to the
company, the fourth lnslalmen,, cut OF an,
funds ~ Oh. lr hands.
In fa'Tcnizag tbs work, i ~as presum.
cd that the General Assembly intended to
Re governed by principles Of lusuce and
hocfal'iy and II Is upon these principles
that the Board Of Internal Improvement
have regulated their intercourse with the 4
company. The wotk has been prosecuted
With uuurlp- vi.of. Ninety niles of the
road are now IN use, ard continued hy sta.
yes and steamboats, Of the best description,
80 as 10 ationl an admirable route from the
Roanoke TO Charleston. The remainder
ut the road is under contract, and will be /
next car.
The other roads which were projected, |
and Tor which the General Assembly con. T
sented TO subscribe like proportion of I
the capital, have made 90 application Cor /
the States subscription. The reason has
never been communicated to the Board of /
Internal improvements, nor 10 the Execu.
tive. |, may be found, how ever, presume,
IN the inability OF the companies to I'LL up
The subscriptions 10 the required amount,
although 10 one a considerable subscription
was made. To The other, perhaps nothing.
Doubtless the citizens on the route of the
Cape Fear and ladkin Road, and those in.
'erested IN lis accomplishment, strained ev.
cry nerve to bring about so desirable con.
aud though not successfully,
still the merits of tho route arc not impair.
ed, and the interest Of the State, and par
tlcularly OF lis western section, demand, i'm.
perously, lis completion, to connect that
rich and valuable interior with n market,
and sea port within our own State. Al
my particular request, Major McNieii, the
chief engineer, who surveyed the routes of
The Cape Fear and ladkln Road, favored
me with sight Of his report, which proved
not only the practlcahllity Of constructing
he road, but at cost which can be femu
norMed TO the propretors. would, there.
lore, recommend renewal Of the char
ter pmnaNprtn, fhn n, 81 of IntnrnaI I'm