Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1846-05-22
Rfr11urneyn Ee10tttrFr.

/ n lbsnarie, MADISON, S!Dusyltduid, ~ nH ~
| Hanover, cElainins population OF o',Jvo
| Use ;,cn,oc on the road for 1915, derived from
/ trr;ont was about S22 500 or 60 cents loI cach
! inha infant; ,he income from travel was 81? i9o,
or 80 cent. for each inhabilart. The section OF
country which would send lis produce over inc
Richmond and Roanoke railroad contains aoou'
$50 900 nhabiianls-surposing u 10 produce a.
much 10 The hand rs that bordering on Inc Louisa
railroad. and there would be- an income iro rom
r- a.at"o' a"' $4,000
Surprising them 10 travel onehal as
much 10 proportion 10 numbers, ana -oooo
there would be lIom travelling 'o'ooo
s23S, GOO
The Louisa Railroad is so miles long, ana
The Richmond and Roanoke Railroad is 10 be ioo
miles. 30 lhal i, would be iair, snpposlnS me
charges 10 be the same, 10 multiply The lncoi.,e
hY 3 bnt only increasing il by one-half Sll!,oUo
And there would be gross income OF 80 hooU
An amount greater than the estimated :, 200
income by 90 ,V Vo
The above estimates have been based upon l"e
supposiiion that there was 10 be an independent
road from Richmond 10 Danvlle, The company
doing lis own TRANSFORMATION, and having no con-
nsc,ion with any other company VIII no"
make an estimate Of the cost OF road connect
inc win Inc Clover Hill Railroad. The dis
ta5ce from Clover Hill 10 Darville would be
about 1913 miles, which, al 5000 per mile, would
h. Sl,l07GO0
Detrc, for mol having to build q bridge
al Rich:aond 3oooo
Amount OF capita required Si,ooh ooo
From communication recently received from
the President OF The Richmond and Petersburg
railroad company, no new company connecting
with them would be allowed 10 do It's own trans
poraon over that road The Richmond and re-
lershurg railroad company being willing 10 90
The transportation over The whole road Tor one
hall of The gross income. The road from Dan
Vile 10 Richmond would have 10 be from 5 10 ~
niles longer il il should connect with The Clover
Hill railroad but ii is probable that The Rich
tnund and Petersburg railroad company would
40 the transportation for the rates already specl-
fed
There would in that case be a gross income
ol S323
Deduct amount paid the Richmond and
Petersburg raload company forra
ponation l6l $50
sl6lG5O
The Richmond and Petersburg and Clo-
yer Hill railroads would own about
one fifth Of the road, and would be en-
titled 10 one fifth Of the remaining.in-
come, or 10 $3.50
1929 1920
From which deduct for repairs Of 1913
miles OF road, $500 per mile, 81 500
For salaries and Office expenses, 10000
Il 500
Leaving me- income OF S51 S20
MOI quit 5. per CT. on the capital invested; in
siead OF 81, which i. The estimated dividend on an
independent DAD.
The communication above referred TO- was
leier from he President Of the Richmond and Pc
ersburg railroad in which he stated that he had
rot consulted The Board Of Directors, but pre-
sumed that hey would be willing 10 do the trans
porlalion for halt The gross income, and stated The
difficulties in the way Of a new company being
allowed 10 do lis own transportation and vas in
reply 10 one asking upon what terms the Anne
ia and Notoway railroad would be allowed 10
unire win the Glove. Hill and Richmond and
Petersburg railroads.
My information as 10 the present cost OF trans
poiaiion from the Roanoke country, is moi sum
cienIly accurate ioenabir M 10 show The amount
which would be saved 10 each comfy by he CON
>tructioa oi a railroad from Richmond 10 Dan
vile; hut supposing thai ten dollars per hogshead
uI tobacco and - cents per bushel, is The average
now paid on all the tobacco and wheat which
would pass over The raj road, and there would be
20 300 hogsheacs Of tobacco at ten dollars per
hos,head. 1908 900
And there would be 677 600 bushels
wheat a, 20 els. l4o,940
To which add !or amount now paid
on back loading $1,000
Gives amount now paid on produce
and back loading 435,COO
From winch deduct the estimated
cost By RAILROAD ais.3
Leaving the amount annually
saved 10 tie farmer Sls6, 700
or nearly -. per cent. on The estimated cost ot
the Railroad.
"Supposing The road 10 be built entirely by lar
mers and the income derived from il only suff-
cicnlo pay allthe expenses OF repairs, transport
ralion and salaries, they would save enough in
rather over s years 10 pay them for the conslruc
ton.
1.-The merchants ofRichmond would be greatly
beneflred BY such a road; for, in addition 10 The
vast amount OF produce il woIld bring 10 thai
market, there are 8 500 600 invested in merchan-
die in The country bordering on and beEehtted by
il.
1T is my belief that, when The Richmond and
Roanoke Railroad shall be completed, it will be
found that every item oil expenditure has been
vef.sSlinaed, and every item OF income under
estimated"