Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1847-03-24


Richmond and DanvilIe Railroad.
The meeting last Monday evening, convened for the
purpose Of giving public sentiment in regard
the subscription the stock OF this road books for which
opened. quite numerousy attended Eloquent
addresses delivered. by Mr.. Tunsal and Mr. wichor
al Ptsylyana, and Mr.. Clarke OF New York, each Of
whom called by special invitation and few re-
marks also made by Messrs. James Lyons and G. r.
Peake.
II is purpose attempt anything like sketch
OF the remarks OF either OF the gentlemen Suffice to
cay that the statistics presented the meeting by Mr.
Tunsia satisfied that investments this stock may be
made with prospect Of fair dirideHds and that
isolated point OF therefore, and without regard the
incidental benefits result particularly persons engaged
commercial pursuits and TO OF real estate from
construction, IL presents strong claims liberal sub
ucnpuon by the citizens OF Richmond.
Not osS strongly does 1t appeal the people along the
line OF the contemplated improvement-who in the en-
HANGED value OF their lands, will be amply FOR
any investment they may make in the stock independents
Ny OF the dividends they may reasonably anticipate and OF
the still important benefit resulting from diminished
cost OF transportation Several interesting were
made reference this heavy upon planters and far
pio which fully justified the emphatic declaration of Mr.
unsta that of all the burdens upon that class OF the com
muny, whether in the shape OF State otherwise
ibis is by the and oppressive. planter
Tor example, sends crop OF 25 hogshoads tobacco TO
maike from HALIFAX Charlotte, the OF ansporta
upon which, amounting to S225 leaves him, de-
ayng other incidental charges and the production
hut small sum- any thing as the nett profit OF his years
labor Yet this incubus weighs upon presses down the
agricultural interest," Tor whose benefit this road has been
principally projected, year after year What wonder is 1t
tie and planters hnd the end of each years
labors they have been fortunate enough TO make
buckle and tongue mee that they have added nothing TO
their clear Inns, 10y Their incessSEt and arduous toll IT,
confidently believed, the Of transportation NAV
be reduced rom 81 80 per by the construction OF
thus road, msniesy the OF those who are
{, participate in thus reduction, io year o. for
series o years. hut all ume take hold o te labor
iag vigorously and energeucay, order
fp.c dy completion OF this great work
There IS aware, very prevalent opinion abroad,
induced by the discussion for years past in this State
on the comparative superiority o Railroads aud Canals
ttct former mode improvement Is not adapted q,
the transportation OF heavy articles and that when thus
employed, the and upon the works occssionns
heavy charges for annual repairs unilvcrabo TO cheap
ol transportation. And yet OF the popular
iaacios" OF the day susceptible OF triumphant e
fustOn only 10y array figures, which though
teY d. not le often made present results
but by the resscss arFumcn, OF facts To ons Of these
facts Mr. Tunstal referred his remarks on Monday rih
The Western Railroad, connecting Boston with Albany
constructed enormous expense, arising from physes
mounabe aud from which people would therefore re-
c,-scalng mountains the height being 400
and Of the other 500 ioet-cOmpees successfully,
the nule canal boat dragging is slow leagta along b.,
yh vessels ct heavy tonnage mpecd by steam and ns-
yIgatng OF the finest ia Tic word. Tbs roae
3DO miles IN length, despc OF these s1rlrs
has succeeded in dveTting shorter steamboat ire %
~ York an immense trado which the s,a; eu1srs.a ne
'ropos had long monopoized ami when. vlsa ice Essz
Railroad projected, they secuted the --. o. .,snz
What tact more tnumph.aty --m0as-lts t-e SIZE
monty Of Railroads MODE ~ asr laySa15e
much superior Cana., Canal % TIE 51-el1r
y'tem which the upper James River j: sl,gess:=
itwss q conviction OF tlIs wei established --l-- derived
from scientific Calculations, wsieh ms7 5e Eecspl7=
but ison berya.on, which cannot ssl! tla. -4r=-
prefer tie substitution OF Rir1al lr Clal ~
central line, the point wl-l lal been rea-ls b.
the latter mode Of mproveent-a substitution wlea ss
cannot bot regret not deemed ltysa5ls By Leg
ilure its present Oar arm eoavc.sa ., IA
ie people OF Bote,ourt aad bridge themselves
distant day regret the perlnle..y sa -ael .sy
sisted rpon the Of ta- Inc Il tee 5uy
poysment with which they wogd D satisfied They ~
discover. We tear. Ohefs nave done, Ea-1 vi =.
late repair the mischief, that ar aca -ey
eameslg lmpored JEpiter Wi prove % be K-ys La -
BBiro retarn from this DEPRESSION.
The Richmond aud DlnyI.e road las ready a.-ra.,s
attention abrold. 4 striking evidence Of tbs "a. az
nishcd By letter, red ~ the mlclag N5acay eysalz
from gentleman in New York proposing % e1n,-le, -
tHe OF TIE line, aad 70 -ss .-, l.g
600 10 $50 600 dollars o. the s3ek ~ par payment -
THIS mode of proceeding has been quite common r1 the
Northern States-aHd Of tie wta:ss, llsa 10 e 90
realized inconderabe portion 81 their grt4r-
from he expectation the OF the stock OF the r5sl4
winch the CONTRACTOR ior the purp Of O5iil.z .a,
work. became largely interested shareholders. We re-
ser this circumstance for tue purpose Of showing Toe
confidence entertained the North capacity to
munorne toe Subscribers, dividend paying work-tho
only point OF o which, yery naturally many persons
having other incentive, be induced - ad IN ts con.
suucupn.
Tue books are now opened, ard hope Richmond
by 10 liberal subscription, will inspire confidence IN the
people the county, and induce them 20 cooperate hear
oily with IN this great enlorpfzc-an enterprise winch
ultimate results may be Of lar greater gnitude and
Importance han be anticipated from a road primarily
intended ns mere local improvement. The Legislature
has done part Il remains be seen whether the
people, to whose petitions oy have responded literally
will do their duty.