Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1845-01-04

the plan suggested by the Governor Is that which binds
'he socSnodss from ever receiving more man Tour per
cent upon 'neh mus renewing 'ne Poposuoh from
the odum which might attach to IT, from the idea that the
sockhooe" were disposed !" ge, ra o constructing 'he
upper Pouons v' e "otSs "ncn can never OF themselves
De rrohaoe ~he they retained the lower Poon through
neh ne aeeunuiaeo uaue must pass, anu ~nien VIII OF
course oe very productive. addresses 'Seu, 100 "os'
Po"o'u'V W Tue se"''os" a"u patriotism W 'iie Legs
AZURE from the Leai whieh man"es for the prosecution
uhs great WORK. wheh involves SO deeply the cted me
"onof 'he e'oy' ana inc prosperity OF e @ommon"ean'
ine next SUBJECT when engaged the atenuon OF your
reduction OF tolls Upon this very delicate and complex
ledge of the system feel grea, dcul,y in recommendins
reduction the Tariff beyond that point suggested the
President and Directors. whose experience weight
their opinion which ovebaasced The conec.
lures OF those less iavousb eeums'anced They accord
ingy agreed to recommend the adoption OF the following
resolution.
l. Resoped That is expeden reduce the Tariff OF
Tolls in conformity the suggestions made the report
OF the President and that President and Directors
authorized TO the Tariff OF Tolls, from time
tine seem BEST having regard the revenue OF
the Canal.
Upon this subject they received communication from
the President marked IA. which they beg leave refer
to- for further information.
Your Committee have also had under consideration
body of amended regulations for the navigation and
ageme OF the Canal which intended the
defects the old system and prevent
OF the tolls which have heretofore effected the
| nue. Of the Company most seriously.
On this subect, its very nature compelled
rely the fidelity and wisdom Of the President and his
board and have agreed IN accordance with their
IONS TO econme nd for the adoption of the Stockholders
! the following resolutions, viz:
5. Rssored, That the body of amended regulations
Tor the navigation and management of the James River
and Kanawha Canal recommended by the President with
the appreciation OF the Board OF Directors and the
same are hereby adopted and that said amended rcgua
lions shall commence and be in force from after
LIST day OF January next.
Resoired That the President and Directors be and
they arc hereby authorized and requested to adopt from
time such shall be found in
-. a, -. "a .,ond.J x,l.,;,,. ;,,, .,a., 80
cording 10 their tue spirit and intent
wM.PEYTON, Chairman.
CommsnedhoH a
OFFICE OF THE JAMES RIVER x kANAwHA Co.,
Dec. IL, 1874.
SIK-The resolution of the Committee OF the Siockhod.
cs to the changes proposed in the Tariff OF Tolls
has been Communicated 10 the Board of Directors and
,n ,s,rnc,cJ ~ r.nly nj, on ,hc;, h.b,If giving scb in
formation as they possess upon the subject
In regard 10 the Tariff of Tolls the opinon is en,crain-
ed by the Board of Directors that under sting circum-
stances il should be regulated with view to produce the
possible and that tariff would be
equally injurious to the Company and to the community
The question Of proper rate OF tolls the Canal is
therefore i'm IN. view of III. Board of Directors n mere
question of fact Ii is one however derendent upon va
rety of circumstances which in Themselves are frequently
changing ond nrcs.ptiny the spbee, under new and dite
| en-, aspects
II Is difficult TO predict with any exactitudc the effect OF
the proposed changes and it is in great degree matter
of com, CURE to be decided only by actual experiment
the impression Board of Directors however,
the reductions proposed will have tendency increase
the tonnage and tas to compensate for what may be lost
upon the present trade But thew deemed mpotc to ex
tend the reducton upon the specified articles any further
Than is proposed for the present.
Besides the principal articles mentioned IN he Annual
ducnons are IN like manner proposed oil winch ist
herewith communicated; Experience mas satisfied 'he
90 '' -, h1 80 Is .5 bai II oS ,b,
1u I"H se P "a , LII ~ -; . t,i s "a Ii
e"Ou'u u 49, ' ', . y', y, - - ',i - "
| mrn;,v
an informed ,ba, the Committee has been Furnished
;,h s,.,onnan, .h;.L 80 hsco al. p,.,d Of D,o.,,r
,.I.,;ye q, b f,lIn, III in ,h. ,mo,n, f tobacco ins,.c
ed at Lynchburg compared with the amount at
Petersburg Farmvile and GAINESVILLE in lS44 IL may be
proper TO state reference greater comparative fall
ing of nj than nj the latter places that called
upon three of the most experienced in the article IN
Richmond aud found that they did not agree with the to-
baceOnts in Lynchburg tina, this difference was the re-
suit OF tile tolls upon the Canal Upon the whole view OF
the SUBJECT the Board concluded That reduction oil l2s
| per cent on 'iis ~ucie "ou'u oe nu'Isaote , .
ne feuucu"io Vi ~ per cent Gu hefcHa"oLc was VIII"
% ~ INTO vi ,h &c., i; n5 =, zach I5e i,c ,f "
| ' - .. ~ s ~. -, 49,
~ ,p,n,,a Ly bndin1 ou G,r,h., i,J,c.rn.n,s ~ ,b
| Western merchants
In teg,,d ~ me nrohshle ,sy,eg,,e ,rou,, oc the r.
venue Of The Canal Tor the scs wear WHICH will expire
o, The 3Is, of October n, A. the Board deemed safe To
mace !, # the average of the amount az the recents for
the las, fiscal vear and of the rate of the REGENTS for the
twothrds of the previous year in which the new tariff was
IN oncrston In njopny This estimate regard was had n
,bs sbn,n.ss nj the cron of ,obarcn made in 1874
am sir very respectfully
Your obi. servt..
JOSEPH c. CABELL.
WIN P1yroy ESQ Chairman of the Committee Of
Stockholders Of the James River and Kanawha Company
document Accompanying e'mmH"'eohon n;
,-,..,.,
hTuees 20 Oe Pui a" ee"'s pe. ION per "iie
~" "r"c'es "e'e'o'o'e p"S'"e . GEMS
Thacco If ali Ind |
Bar Iron
.,,,L,s n J., ,,,, 81, d cant, me-, fan me-. MIL.
Flor ~ F
Wbco,
,r.ta.., .,or,-
, io'u'.O s''''.
' $3.50 O P"' , ~ ''"', Ps' ~" P'' "'''
Psa ", niia' t a'u a DuI' Sne' "'u'
p pau s,'L SUI o',e' innI o"h'
Do
~
hnne'es " oe pu' az - GEMS per Ton per NIUE
"a' passing "o"" ,e 'a''i'
hIueteS 20 oe pW 4" ee"t per ron PER NIUE
neauihg ano hoop poles