Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1845-12-11
To ns Sls,shOiders Of he James Riser snd HsnssA
Company.



Company.
NrnBkR III.
In my former numbers Ihave you the dangers OF
conscaton. and have also shown you the improbable.
ties OF sale to the State now propose show the only
feasible plan by which you may be permitted bod on to
your interests without harm the State and sdysn-
tsge TO yourselves You totally unable prosecute
the work any urther-your money is all spenyou have
no crcdyou have but lits nhuencs-you have only
year to ve-your stock is vaueie.s bat you have GER
tain rights, Of which is the right way To the Kama
wha River-you have possession OF the ground; you can
surrender this for tolls from Lynchburg tina place
and by Eslnqushng unfinished wOSs beyond Lynch.
burg. (Which. by tire way, yaueess excep, the Few
Lock- and the passage through the Blue RdgeJ you
give up these. provided you are released from the require
mens Oi your charter and suffered hold your tolls
below Lynchbug with the morgages heretofore executed
10 tho Sste with the provso that whenever your dividends
shall exceed six cent, you willing the shall
take the balance you surrender the whole manage.
msnt the State provided she will appropriate eaough to
complete the connection tide. wster with the South
side aud the Rivauns, and limit you to D. c. dyidsrds
the balance beyond that amount IN be surrendered tho
State. bargain Of this kind will keep the Stock your
hsnd and WILL different kind Of Improvement adopt
ed beyond Lynehburc, virtually you q. c.
stock,o without the oudays will ultimately secure TO
you6 Its every way certain, however that with The
addition OF the of the work by canal BIcbsnau
the debts II the Company will bee one 50 onerous that NO
short period will espse Def re you receive anything
from shares for all admit that the 10 Bu-
chsnsn httyo miles, must be very nssr,y II quite
81 100000 for canal the inferior kind vi i'm
proysmsnt that has been adopted beyond LyLchburg to
eui Lock and Dam navsaOn-for whatever may be said
~ the contrary for miles the plan OF tho work il for Lock
and Dam improvement and not for csnaeSen for this
the will fell lar short Of 500 900; and besides
the connection with the points below be added before
the umatum, TO wit perfection Of the line The
town Of Bachansn is compleed-these expenditures will
up the debts the Company very nearly 600 oOO
which, added those already contracted, will be from
S35OO0OO 900 O00 which, per cent must take
of from the annual receipts 0O0 besides there mus,
be added 81 zoo for the annuity the old James River
Company. This very large sum, with the ANIMAL 5ep.rs
and expenses must require income VI shout $500
irOm Buchanan Richmond, before expense. paid
This state q! facts must convince every the PIE
Shareholders must have gloomy prospect any dv.
dsnjs whereas. ii the present Canal stopped you
LEFT IN the receipt your tolls. much time apse
| before dividends Alt accrue.
Ii the Canal for III miles through the productive
and popuous portion OF tho State, does pay the
interest than third VI is cost, how Ca.
ma Lock and Dam Improvement for 81 miles lhruuph
almost impossible barriers, equally high OF ccst
anI certainly more-how extension that di nee
increase Your receipts enormously Some oLer desc
iion Of improvement may pay, but hiak lair IN e..
from these that Canal csnnot But II sn
extension necessary, why not adopt different onel-
From Lynehburg To Buchanan Rail Road be made
suitable for the transportation Of all the trade and Tor
100 Yeas come, for hall OF the OF CInsl So
feet wide leet deep; and when Completed will carry bo
trade and travel cheap not cheaper. and wihin one
hs yes, fourth of the time. The receipts travellers
| on Rail Roads 35ths Vi the whole amount. On our
Canal is about twsnue'h vi the receipts Ia Sep
TENDER Sl2 900 for ;onnsee and $500 Tor travel Now
Rail Road would have paid thus: FOR Freight least ~
900 aud for travel S6000so that the receipt. would
been Sls 900, instead Of Sl2,6Gs may be sskcd why
50 largo increase OF travel by Rail Rosdl say be.
would have been quicker and the line would have
commanded the whole travel Of the State. Bat. Is,
tits divided between several routes. Extend the Rail Road
the Ohio and tho travel WILL for the whole line an
equal proportion; and beside the tonnage will be les
sened because the Rail Road capable Of Transporting the
heaviest products cheap Cansl IT chssper and
in third OF the time The larg loads here 100
tons, the ordinary loads so On the Western Road
from Boston, the Rail Road carries much load
every boa, the James River kanawhs Canal at SO tons
esch. D..