The North-Carolina standard., 1842-11-30

principal, which are required to be paid, it will
be seen that it is not probable nor indeed is it ne
cessary, that there should be in the Treasury at
all times an amount sufficient to meet these con-
tingences which, it is to be hoped, will never
happen. Yet as they may happen, and as the
pledge of the State, must be kept under all cir
cun!stances invioate, and its faith sustained re-
commend that the Treasurer have authority to
borrow from our Banks, sum not exceeding, at
any one time, the amount which the State may be
required to pay between the sessions of the Lcgis
lature, and that these loans be contracted only
the demands are made, and after the funds belong
ing to the Treasury exhausted.
By Resolution of the last Legislature, the
Treasurer was directed to borrow from the Ltera
ry and Internal Improvement Funds, such sums
as might be necessary to defay the expenses Of the
State, until the 1st Nov. 1S42-'he, at no time,
borrowing more than is required for the time be-
ing" and the Officers, having charge of the
Funds, were directed thus to loan them. The in
convenience of this plan, to supply the wants Of
the Treasury, is experienced in this: A large
amount of these funds have to lie idle in the Trea-
sury, to be ready when the Treasurer may wish
to borrow The Boards having charge of these
funds, are thereby restrained from seeking for
them permanent investments, and the profits
which ought to arise from so large an amount, is
greatly diminished rs it is not presumed, the LIE
gislature contemplated paying interest on any
more than was actually used. AS these liabilities
of the Treasury are to continue for years to como
it IS the part of prudence to make provision to meet
them promptly, no matter how sudden and unex-
pected the call.
would respectfully invite your attention to
the Public Highways generally. In the Eastern
section OF the State the variety Of navigable
Sounds rivers and streams. and the excellent adap
tation of the face of the Country to good Roads,
render Legislative negligence on these subjects,
less oppressive. But from Fayetteville, the high
est point of good Navigation Westward, land the
only navigation in State in that direction
excepting the slight batteau Navigation of the
Dan, as high as the County of Rockingham to
the Buncombe Turnpike, a distance of some two
hundred and fifty or three hundred miles, what
navigable Stream, Rdi1-Road Turnpike, or Nc
Ad0mized highway gives to the laborcr facilities
of transportaton2 None literally, none!-
This vast extent of Territory, reaching from the
Blue Ridge in the West to the aluval region in
the East and extending across the whole State it
Is believed, will compare with any spot upon the
globe, for the fertility Of its soi the variety of its
productions the salubrlty of its climate the beauty
of Its landscapes, the richness of its Mines, the
facilities for Manufactures, and the intelligence
and moral worth of its population. Can another
be found upon the face of the whole Earth. so
for Transportation
ldirect your attention to the wants of this por-
ton of the State-it is the business of your wis
dom to supply them. Fayetteville seems natural
ly to invite the commerce of the West. Her riv-
er affords as good and durable navigation as most
rivers in the South her exporting Port of Will
mington, is superior to those of Petersburg, Rich
mond, and many other important Towns; and the
wisdom of previous Legislature thought the ne
Of oIod fho
which Railroad could afford This scheme
having failed, it is believed from the pressure of
the times, the next inquiry is-What scheme, that
is practicable, will afford the desired facilities?
| Next to Navigation and Railroads, Turnpites
afford the bcst.means of taking produce to market.
l therefore recommend that Charter be granted
to make a Turnpike from Fayetteville to the Yad-
kin river at some point above the Narrows or, il
deemed most expedient, to some point on q similar
Road, leading from Raleigh Westward, thus
giving the West the advantages of both Mark
cts with such favorable conditions in the
Charter, as heretofore suggested, that Capitalists
will be induced to embark IN the enterprise. And
surely, this scheme cannot fail for the want OF
means Labor will be an excellent substitute for
money, and labor cannot be difficult to obtain, in
region, now growing Cotton at six cents per lb.
Corn at one Dollar per bbl. and Wheat SO low,
that takes one half to transport the otherto Mark
ct Should this Road ever reach the Yadkin, no
doubt is entertained of its continuance across the
Catawba, westward-thus giving TO this Road,
the advantages which will arise from the naviga-
tion ofthese two noble Rivers, from the Falls
on the Southern border of the State, now wholly
obstructing their navigation fora great distance
| wards their sources.
The Western portion of the State. comprising
what may be termed the Mountain Counties, is a
vastly interesting region and invites your due re-
gard. To make them more Interesting, we only
have to make them more accessible. The slblim.
ity and beauty of its Mountain Scenery the purity
of its waters the buoyancy and salubrity Of its at
mosphere the fertility ofits valleys, the verdure oil
its mountains and, above ALL its energetic, ntefli-
gent and hospitable inhabitants, make it an inviting
portion of the State The face of the country ne
cessarily makes the construction of Roads very diff
fcult and expensive, and the sparsencss ofthe pop
ulation, in many places forbds the imposition Of
a duty so onerous upon them. These Mountain
Roads are made at an expense, much less than
might be supposed and, when well made. are very
firm and easily kept in repair. The rapid descent
in the Streams forbids much hope from Naviga.
ton, and therefore, renders their claim upon the
liberaIty of the Legislature, to aid them in these
Roads, more Just and neriterious When good
Roads shall be established in that region, it is be
leved the population will increase with rapidity
| A L. J.