Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1846-11-30
LANES RIVER AND tNAwHA CoMrA-

l.
-, INT a crr> ~ Ier.sal. Tut have made eu1eeyc.
smc f the fac's ad rec nncndaons which |,
,,irs ard slall roct,d 10 li,s,nt dom IN Il most
.r.cnct manner 10 tur readers
The Report. flIowing III. precedent 81 ) cominui'i-
,,,;,rs,f II mt, resident as oi the col dlil"n
fine works. tho satedfthc finances. the plan
and future prospects he work.
FINDER the first head attention is called 10 the R'c'I-
p,mJ D,ck which is described as in rather anenishlre
condition. The present lock is pronounced detective
The plan Of erecting permanent stone lock Tor which
,,rarto,s were making. has been abandoned IN c1nsr
'eocc Of the discovery that the company les not pos
cos. the rclt To change the site. nett n'venne from
tho Drk If silsj 6l has been realized during the rrcs
.,, year which has been applied 10 the redemption
c,;fc,tes of debt issued account Of lis construction.
,rhoc,n,l h,,we,p Rclmond and iynehhurg has. du
; the past year. been SUI cc.d 10 were tests IN con
suepcc Of the heavy rains, and the little danage which
h,s ,.n SUSTAINED demonstrates that the lanks have
lc,n consolidated by time 10 such an extent as to cann
,a,ncc any mn eric eli, III their original construction
The vasncs and sediments Of raj years and the
airs required in some places will l1uc, the neccss,
If Suspension 81 navigation. next season. tr period OF
s.,r or 1--WE weeks The dams. with exception, have
sustained little nlury--lhoug heavy expenditure will
he necessary next wear for repairs aud the entire rebuild
iuo Of the dam at Naidcns Adventure cannot BE- longdr
lyed
The suspended W ,rks. between Lynchurg and NORTH
River with the exception OF II few miles {" towing path
o,opn the ponds are said to be located entirely above
ia. reach of lrshcs and ~ have been well constructed
The lsks are fine specimens Of masonry. From the
b,ue RIDGE pass To the Balcony falls the works said
In have sustained little damage, and indeed. whrr
EVER they Were left in finished state have s' red less
,A,sn could lie ,NI,ct,d. exposed as they wrc 10 the
elements. The estimate Il the completion Of these s's
yc,,d works, according 10 recent survey ~ the fhgl
necr MrG and the Assistant Engineer, Mr.. Iomlin.
amounts To Sjil ,is6 -
The Blue Ridge Turnpike and Ferry are reported to
he in GOOD condition. 1t is feared the income will be-
l,sscn,d by rival road now in course Of constlur
tin.
Jhenav'pa,ion between Lynclhurg and Coyngton.
icng that oi the river. assisted ) by ably constructed
sIucs Justly declared lad and dangerous. and 10 call.
in the name oi humanity. FIR s,mc improvement having
REGARD the prescr,ati,n e life. 10 say nothing If the
danger and Of transportation Of produce. which nav
exclude from market nearly all the pr ducts Of the region
washed ly the river.
The kanawha and Guyand't;c Turnpike r. nd is pro-
nu,nced in good travelling order The nett income Of
the rad is 44ls.41, which compares unjtyorly with
,he results oi the prcc' d;ng year
hpul SltiS ana Tttoliiib'IhldiS
relation to the kanawha River. which of
mediate interest The nett receipts from the river
$3.50 o.
STATE OF TllE. FINANCES
There was ON hand at the close of the
last fiscal year s.2,a1 -
Aud there received from gross tolls
ON the Canal and Dock and tolls
the Western Improvements. from stock.
arrtsira res aud interest thereon aud
from ANS durinr the wear and unrciiIi-
dcd al tie c sc thereof 1880. 90
Masking 2Il so 80
The disbursements. during the year. for
administration. repairs. improvements,
redemption Of scrip, annuity. ,ui
nnal interest guaranteed bonds and
debts to the State amounted to 23S. 3o5 63
Leaving on hand 500 Is
The rcsnf esd the company. at the close
n the last year, wcr' estimated ut Sl3 ..E,o O.
And the liabilities al the same time $40 q!
Baiancc of resources SS9.Jl9 O3
This would show pretty taiIly-bu. uni, runatelv. a
,nong the clsSed the debt and interest due
by Cen James Hamilton. If S, Carolina. Alabama. 4
Texas, amounting to The Of S1j.40S 2''-ihe
cry ola dollar If which is in the hs hest degree inn nbs
bic. Thsdcducicd would leave tli,io 81, tins
amount canned lie relied upon. as portion Of outstanding
tIS on the western Improvement will be lost The IL
abilities bc demanded once and they will be large
y Increased on the Isl oJannary, whilst incr, of
TeSo,fccs may BE expected
The liabilities already existing and those which will
he incurred within three months am, unit To
Slos.3l3 y
he resources, pruhobiy available with
the saline time, are st, down AT 81 .765 %
Showing deficiency Of SJo517 81
winch We dare say, may T increased fifty per and
I'M amount would not exceed the actual deficit.
he causes Of this deficiency alleged to I've the falling
Oh intctos ON hecahal. amounting to &lJ.SN ls)-
Increase Of outstanding tolls the nawla-exraordi-
nary on''ats to repair disastes-eAponduros for con
s'rucons and demonstrations. which. it was thought
might have been postponed for another year. II is re-
commended to apply 10 the Legislature TOR loan To pay
IN LIST Janhary, 81. reduction Of salary ~ the Il
mount Of So 10 rcr annum, has been made in the admin
r'r''pn OF the company.
ms 1t must be confessed, is a sorry exhibit.
The Pons and j"'",r prospects IF Hc rork.
Inc President considers that as the Stockholders have
acdy decided that the work Should be recommended al
'Nhch'nr". lie mi ,ht discharge his du, iy simply sub
i""' NJ tsn aics but. knowing that oppression Of
'"n on his part is expected. he proceeds give his
views upon the plan adopted, viz canal from Lynch
"fs 10 buchanan Cuvngon. and rail rnd thence 10