Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1842-12-03
VOLUME %. NUMBER 1873.

and IN doing he shows perfect Familiarity ~,th an a..
cases mat he can rest complaint however suht he PRE-
eht or unfair the conclusion he draws may be-. None Of
me charges, rs Tar regards the of tho
work deserve a moments ion. b.. 4 ...,-
The late fre-'e having donc considerable injury A, the
ANAL he proceeds to point out how in his cpnio IL nst
have been partially avoided. lie says. sfa cunr RAM
had been constructed at Joshua Falls DAM t. ,urv To
the Canal would have been trng" Would he have o,.,
tins had he acted President Company (Id he
have oreseen, 3years that the Summer Of isa W.
should have reshet higher than any known WITHIN the
recollection OF the Oldest nhaban and have gone 4, ,-
additional expense for contingency likely happen
And had the present President have had this work dan.
and no freshct had occurred should have had th.
Bank pointed out TO in the catalogue with the Others AS
wasefu extavagancc SO much for that wisdom that pre-
diets events with unerng certainty after fA~v hare isp
peHeu re complains OF putting the whole work under
contract at one nc from Richmond Lnchburs thereby
enhancing the Price OF labor The Charter Company
required that the work should he from yhhur
to Richmond before they could receive one cent revenue
and had been contracted for, and executed bv
the cost would in nowisc have been Diminished bu, ,,br
increased by having less competition and the Time of com
Penng greatly Understanding vauesss such por,ion.
demand Tolls. 80" "
have attempted nearly all the charges brought
against the President to show his untness trust re-
Po@ed In MN, and have only omitted few that from their
utter worhessness deserve consideration But n pro
coed to the financial concerns Of the Company which this
winter says bctrays the want of wisdom, as dsplsve
IN tne construction OF the work, if this Company in its
want Of wisdom, shows practical good sense in the n,,n
asement OF Its Affairs that surely is derived from mystic
defects have occurred when il been newly put in one.
raton and also portions of flooded by an overwhelming
mass OF waters, which threatened desry it, has resumed
operations IN an incredible short space Of time and has
proved fully to the satisfaction of every impartial man thai
hee are lew works of similar character that can compare
with ii IN strength and durability
N the financial concerns olthe company we shall hive
as heretofore, in December full account from the Pre-
dent be submitted the ckholers Mt their annual
meetng they have far, with conniendabe confidence
placed implicit faith in the President who has for seven
years conducted the affairs of the Company with an unsur
passed ZEAL at the sacrifice of personal health and conye
nience whose whole energies body and mind have been
devoted to tins SUBJECT exciting general admiration for hs
information, intelligence and admirable qualifications for
the task before him. As the present Of
ne company, 1t has been partially involved by the general
distress and ruin throughout country bur is apparent
to the least sanguine that only for short time the
fostering hand OF wise Legislature, recover effecuay
Its standing and credit. If there has been error on The
part OF the President has originated from conviction in
ms own nlnd that the great importance of work would
become manifest 10 the most observer and too
much confidence in the general intelligence and patriotism
ct the Legislature and People The report of the Pre-
sdent doubt not, will give full and ample information of
the financial concerns of the company and it Is to this
source the fountain head that the Stockholders should look
Tor correct information, and remarks of nm IN
known writer who be actuated by Of person.
al hostility, or have particular personal interest in
view, and not the welfare and Of the Company
JUSTICE.