Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1844-08-15

Ali 10 this Nj. Calen'. estimate r..
, IT., il'e haeawha.rye5t .,#. sioSoo0oo
Add agalu Tor eanueslpn ih tale waa
ter At Richmond Including purchase
>. rof Dick s9oo.ooooo
To TN, add 10 per cent on S1.ai3sl5.
81, he,HE the aumuut 81 estimates
Which entrIs into ny calculation Of
-. say i2QiSSI
Neat add iar land clajsnuaons and
damages pAid from Maideu's Adyra~
luta 10 Richmond. T6.as7. 90
Again f4r saiue The balance ur liza, SIo5 AN "a
Aad lastly east Of Gaagr Dock al RIeh-
moad. $o.s7ile
Making total If S59,2a.s >
Actual rusf ul canal. see S,h aaaG
report, PAGE $50 s5oo6772,77
Excess Of the cost of 10 miles. on
this pl1n.over the li6i according To
the plan adopted by the stockholders
In May 1895, 1906, 3o5Go
Il Is difficult say how much of the debt Incurred by
the company OF the lI6, miles OF canal
but from tue best estimate can make. II exceeded ST.,
100000 THUS hnk, | have proven. that the stuck
holders a, their meeting IN My. We're induced 10
act with unfortunate haste III decN upon the plan o
their improvement.
This, however, is not view of the subject which in
all respects suits the eNIenres Of the people
they Doubtless auNluhs 10 De informed how their
tlli urs IN regard Ia 10 market are be re
,a9re3. than how they hare been prolonged viii an
swer profit by the experience OF the past and insist thai
he Legislature sail c0oyce The james Rircr Company
either 10 abandon III hue 5eYoai LgactbHg conscqt
- Luck aud DHH improvement u The rdtar line from
thence 10 the hmtr't ,rti II rdd lis3t road from
toriggtoa 70 t'feeabrr fetr That this can be done
now, with The monstrous cost ol The canal To .yuch
burg, think, Is demonstrated IN the following es
mate:
Actual cost Of Canal to lynchburg $5,0o6772.U
Gust from lynchlura IL C0ynatun ac-
cordiag to Cmze''s Report before re
lerred to s6s6.79a0o
Cost Of MaeadamIzed road SlU8, 600
Cost Of improvement Il Greenbtier
river, rs shown III ormer state
mems, 1912, 100
Cost Of New River improvement from
same S772 its On
Cost Of culareng Rlao Ridge Canal.
omitted IA lis proper pIiee. Sl50oo00o
Cost OF kaHawha lupr yemrnl. SlUS 000U0
Cost Of connection at richmond with
tide wafer &2a0,d0a0a
Add 10 per. cent. on estimates sd. 5~l .U0
Add Land Guudtnra Ions SlSl ,uUU .OU
Guagc Dock al Il cuuloud SIU,34742
Toia cost on this plan SS,l00.2l2I9
70 accomplish all ihat IS required if tins plan be
dop!ed. WIZ be guarantee OF million a year by the
State o., lhe b1Hds al the james River and kauaNha Co
o5 The n,Nt ihree years. TINS should not be
asked by Ihe people ii The West 4ranied ny thu lie
gjslaiGrt unless the james RIVER and kanawha Com
r4ag vii c5isaGl 1Ha modification OF lheir charter
To- give II The Legislature controlling Influence in deter
mining alone the plan of the work. but ia So fixing
upon the style Of eAee4tau a, aa fae cost. There
Is nothing anau IN imposing such Terms. because the
James yer y hanawha Company c0nlessediy with
nut the aotiiy IL uhI the designs Of its creation, aud
Il The State IS 10 usn expensive and unweldy agent
dsaufse lis mads surely it should have such euutru
as wall Il equally guard against ANY failure hereafter
lh1ta cheaper plan than those suggested by Mr. Cab
bell in ms Ia aal TIA annual reports must be adopted.
Is beyond all lastla because II the work is u Gust SIX
nIlbous more, 1t IS perfect holly hHE o. the Leeisa
ilre guafluuau4 lhat aaoan a3d udih greater folly
10 expect that tbe company viii ever he able to Do the
wurk is sarP3rate credit, unatdel by the STATE.
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