Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1840-12-08

TOT us uiffnate redemption Ana u the INCOME from
these sources together with the income OF the fund boz
Internal Improvement. should be inadequate Ia pay
the interest such loans the auditor directed, on
the application Of the board Of public works. 10 supply
the deficiency from the treasury. And f the treasn-
~ should b. insufficient ut the time meet tho de-
m,ns. the board of pub works authorized tn Dor
row the necessary amonnt from the banks. IL will
he perceived that public work. and the general
fund h,vc not been sufficiently productive 10 mrei
the interest these loans and ikat the Of e23O
200 hos been required from The treasury fss that Pur
p1s.
While wise and bencicient government would
never engage m a system Of internal improvement
with exclusive view iis profit siockholdsr,
and While the state frequently derives from the
multiplied sources Ell general revenue. through ats
neasury Than from its property in these works IL is
siill proper that every er should be made render
the system sufficiently productive ai least To sustain
itself Though il is the sane thing TO ihc CON
monwealth whether lis reyeane - derived IA thu icrn
of divIdsnds from a turnpike Q lands. the
value of which has been enhanced by its construction
there Is difference 10 the citizen VIII" lives remote
! iIom the line of the improvement With the exeep-
ton OF some pvriuas Of the state where the lands
terrible. and the population, for want OF access
ksi. is still sparse. IL IL undoubtedly that ihnse
works for whichtkereis really n necessity will when
property constructed and managed. always sustain
! them In where these exceptions occur
Il IL oiicn sound policy. IN the fiscal point Of view
To augment the means of general revenue by 'appro
\ praiions where return expected in the firm of
tolls or dividends. But il is otherwise our great
lines Of Improvements. Justice the stockholders and
o the citizens Of the large. requires that these
shosid sustain themselves No argument against the
general policy Of n'crnal improvement is fairly inter
rbe from the unprodnciive character of some Of our
public works Tkis fact may she~ that errors have
bccn committed the original plan. in the execution
Or the management Of particular works. but 10 shows
II Is sometimes the result Of fallcious esti-
mates either asfo the cost o.ths product Of the work
sometimes IL proceeds from want of rrorc, economy
and yisour "a its IN Igemcnt froIs of ais-
quate where the tonnage is sui lent. The business u
pint stock companies is apt fall eventually into the
hands ct persons. who from inatenii1n of the mass
Of stockholders acquire by of prories other
wise. the control of the corporsi,R. The directors
themselves. especially in smer ranics, frequent
" neglect com Nv with the acquisitions of the law
and reasonable pubic expectation, in suprinIe
and stimulating the interests confiea tn their care
! The present is n favorable period tor c1amna-
ton into the defects of system. and correcting
them by the aid ofan experience which xifl not have
been dearly bought lift imParIs srccc-su ener-
gy, sad more judicious Discrimination future
PLACES III would be unjust pect from some of these
CON Prnes more than they could have accomplished
IN the short time Of their existence particularly
ny ci tiso yet Cling with diff xui;cS incl
heni To new experiments. II Is gratifying perceive
that many oiihem increasing their ulncs. and
their rr tifS, md may hope that with additional
zeal, they VIII yet realize the expectations they have
excited, when the varou. links are complete which
will ccnnect.the chain of northern ard southern
aud our eastern and western commcrce THE large
amount at stock held by the in these Com pane.
aI'd the heavy liabilities incurred their account
suggest the neer-oly of lending them all the indu.
genec and aud in powsr sustain aud render
productive In financial point of view nlone. this
would be proper where there is reasonable ground Co
expect that works which Weld nothing now could he
made prodxcFe by the fostering care of the sinie
Though II Is time that should look closely the
productive capacities uf our stocks sil the general
elects OF the system of improvement be cali
mated in dollars and'cents. These lines OF communi.
eaonserse io strengthen eyery tie which uniies as
a. ciiIze!.s Of the SjSie and citizens of the
Union. They are calculated only to convert the
rude Wilderness Into cultivated feTms end beautiful
iIamleis bat TO temper the unssci9l passions which
solitude and seclusion too apt &c cheri., in the
human bssom. Every highway is q school, where
man eI.us that he violates the first law efhi. nature
when he lives only iJr himself and hrs intelligence
aud hs virtue. expand with his sosinl reaii,ns
rsier you TO The report Of tho board Of public
works tpr the details of the last years operation,
Greui rranvrnienre is ftlt from the irreSuLsry of
rePo<ts from many of the companies. and from lh im.
perfect manner ia which others II ade out.
Accompanied by The second auditor who possesses
an ultimate aud knowledge of our plaR cfed.
ucation and imIoy emeni) visited during tn. wear
the brsmnl Swamp canal The Portsmouth, and RoantS
rail-E'ad, the Petersburg rail roal tho Richnond aud
Poiersburg rail road the Louisa road, 81 pailey
turnpike, tho Northwestern turipike the turnpike from
Guyandoite 10 Coviugon, beside. several miIet i'm.
pr,yemonIs. whch are chor mpleic or in progress
of execution Tue DISMAL Swamp canal, connecting
rs does by beautiful and we'll consfruc ed work
the waters of Ae0yte sound with those ct the Ckesa.
pcoks Is destined To open TO great seaport of the
south the valuable trade Of that PARTON OF NorM
olive which lies north Of Cape Fear rfyer aud in
connection With rail rOad.. bind the hitherto in
innate relations Of that with ,siiIlanorc
Idissol 'by together The Valley pike rs nearly
csmPlee. and will contribute considerably Ihe ton
mage Of The Winchester and Potomac rsjLrUsd. IL is
MAcamzed road, n IPeUes Of improvemc nt. better
adapted 10 The accommodation OF our internal trade
and the habits Of farmers than the more pen.
sve transportation Of the railroad; and Ms,d recon-
mend its extension through The Valley ond 10 the
\ JrnneSsee me- soon resources again N.
| brought INTO active regmsition. The scurthweseu,
part OF stare ia entitled to inproy orent ndequ
ATE 10 its intrinsic importance and the super.
ior advantages u possesses the
and travel from seaboard Tennessee and 10 the
STILES beyond IT. The Richmond Fredericksburg md
Potomac railroad company mai ing goroUs effort.
TO complete their line between the P0grahaHnOck and
Potomac. which will ndd very much To their income
| and to the public accommodation. The Northwestern
turnpike - M enterprise every respect worthy OF
Etse slate IL stretches from the termination Of The
Winchester aud Potomac railroad 10 Parkerst,rg or
The OHIO through country formerly almost inaccessi
BILE. but now decreasing rapidly m population and
wealth IL - becoming prod ciive work. and IL
usefulness would be greatly increased by being snpp
ed at SOME points with stone The James river and
kanawha company Rre urging forward their great
work and the canal having been opened nearly "a
bynchburg. warranted IN the antcipafinn that
the tolls will soon disembanss tho company and con-
tribute very uch to aid the future operations Of the
saie large smonBi Of the scrip issued 10y this com
pany has been converted iaio bonds. 70 which the
treasurer hos alfred tho guaranty OF Ihs stale pur
suani 90 the act ~ 23d March 1899; and ns sms If
these bonds have been sold in the market under pss
II - psr hars due t. the company well the STATE
that the precise eIlent Of the commonwealth liabs
" should be move clearly known.
Hsuld recommend thorough examination isto
the a8i'rs Of all principal internal Improvement
cemPssies, particularly mio their fiscal concerns
Their relations TO the state render y proper in nv
estimation. that they should be looked into with more
Pfccision han generally be dsre through their
annual reports.
have visited our lunaiic ssylums md was graft.