Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1846-07-02

Dilre tcnls and ulllce charges, 900
lanes ON property, 80
24l0 90
Total known charges, including casualties
10 bur~"s and harness, sl6.7oOoo
As entire accuracy such estimate as
this Is not att,nable, II is jndcionS to
make liberal allowances. will there
fore, add per cent on the above a
mount Of SIC 10000 Inch Is G7l GO
This shows the total annual CHARGES To be 81 l6l 60
The charge for AGENTS may eXlraya laut one,
but think te reflection viii CORRECT tins impression.
viii next consider the probable income. In doing So,
shall assume thai the travel Will be equally divided be
tween "Ibe Peoples Line" q will venture his Tor
name I'LL the regular chriSIenug,) and the Old Line.
and that the reduction of fare from s. 80 s. 90, tolls
included, will increase the travel m 5000 persons going
oves the whqle line. llu 1915 il was abour 72io0 the
ona,haf Of his assumed travel 1900 which. AT Si2j,
gives from passengers Slg,2l5 90
Ada fn- transportation Of light freight, AT 81
rip or each boat, 332 t1lPs, aud II pro-
dncess Col 90
Teal income S9,o19 90
From this sum of s 10 $40, deduct the annu-
al charges, Il iGl co
And il gives an apparent prom Of 2,ll1 40
SIX per The capital OF fifteen thousand dollars
is $3.50, which all the Stockholders OF thus company
desire to divide The surplus should be held to perpe
uae ,le line and enable ire company To grant 10
the public Increased facilities reduced rates OF travel
as the irave increases and other considerations make
such reduction advisable do not Conjecture that any
one ~" OH ct 10 the estimate of iheone on the ground
that il is over estimate, when he reflects on the
ground assumed In forming IT, All viii add ON this
subject is sh onld the result show that The People
Line" shall not, after all that has nppened get an
quail share OF patronage with tie "Old Line then J.,
and many Others will have greatly mlsconceved the
popular etrg we'll as the character OF the Virginia
people. These views induce me 10 believe that can
did examination oil the statement vi" result IN The ar
gument, that investment IN the proposed association
will be good per stock, whcl, as before init
ciated, with the higher and more important objects IN
view ct protecting the business and aiding IN the gen,
era prosperity OF our town, Is all that such men as VIII
unite IN this enterprise desire. will then content N.Y.
self with these remarks this branch o the subject by
merely suggesting other Ut benefit, 10 beyond
a six per cent dividend -Suppose Is TO invest SiuO.
and 90 Spring and Fall ~ RIchncnd, (almosi every
business in the Town travels at least as much the
present charge 81 So trip; the proposed rates are
s., difference 81 so this on the four Trips is $40,
which is o per cent the 800 and is as tar cred
II toll, 1t II were IN the shape" dIYlcthd Hon me
hands OF the Treasurer. THIS reduction OF fare, viewed
IN lhls ohi profit the capital. which has been
employed 10 bring about but In another view and 10
other persons clear gam without risk or elliott for
this that every person who travels enjoys the same ben
eft from low are, the man who induced II, by the
usp OF his capital. Let Us with few h5ures complete
this saving the public 1t easily done ne fdEtl Is
5000 persons annually each at s. 81 Is S22,oJO ms
very large sum bp saved and may be The people
of Iyuchburu III II To be So. lee lei me make one
general r,matk-ii is that by patient submission 10 such
laxrs As we now pay to our friends. Boyd, Edmond y
D,ypnpor we southern folks often used up,
without knowing when or how 1t was done, and we coI-
tent ourselves by selling down Ia the credit 0i That
jyoad diotLtcred OH gentleman. liAEp l1nEs.
Will now proceed 10 the general considerations
which should influence action On this suoJeci-and |
vould notice FIRST the injurious effects on the business
of the town. produced by The present hugh rates o Ia'o
Il q p of The most lucrative and important branches OF
business done 10y citizens, Is the commission ana of
wardlnp trade. What is alleged 10 have ccnmscrloeo
III Hph tolls on the canal and high charges lo travel
through Lynchburg is the prompt reply Of every West
en merchant 10 reduce either Is 10 benefit Inc bn'l-
ness and thereby aid in establishing the line OF colnhn-
ulcatlon through Lvnchbug the line OF travel ana
trade for the western ard southwestern counties OF ou
Own State, and considerable portion OF the STATE o'
tennessee 10 say nothing OF the other portions Oh l't
mighty West, beyond the Alleghanles. am inclined
10 ihink tina, my fellow townsmen do not fully appTecl
ale this branch OF the subject II Is not The mere transit
OF trade hrough L,pchbWg, that gives importance :"
TIN, forwarding trade 1T makes ours Inc market low"
for a Great variety Of western produce, which is sent
here and sold here, because the wagons come mere ~
meet the import trade, brought to thus point ny the cas-
nal Let the forwarding trade and travel continue 10 ne
diverted from our town. and you will find every grocer
drv ,nods merchant mechanic and iubacconIst teIUe
It's loss in common with the worthy and enerprisi"3
gentlemen who now are employed IN the commission
ami f,,, ,diny business Womb such stale OF
THINGS tend Ia reduce rents, aud with the iall u feh'
vopd not real estate lower IN price NO man can II"
| Sver the euqTes other than alllrmatVely' h|a'"
Iar,e sums Vi money have been invested IN extensive
boies-driye the lrayel from The town. and what pe
comes Of such investments They become a'hos
worthless because The houses and apndases "efe ~"