Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1847-09-10

2 Clerks at 5000 each. 1900 90
Agents Transportation,
at each end, l,sOO on
each, Master Carpen-
ter and Machinist, 1000 90
10 Depot Agents, at $3.50
each, $500 90
10 Overseers of Road re-
pairs, at $3.50. 3,6Oe 90
SO Hands for repairs and
- water stations at S l25, 10000 90
lOs $4,000 90
ExPENsEs OF SHOPS.
Machinists at 81 per day, SIG 90
5 Blacksmiths, 9 10 90
5 Helpers, soc" so
6 Carpenters. SO 800
6 Yard Hands, 331" 200
80 Hands for 81 days work
TRAIN ExPENsE..
l Engineer, at 81 per day, 2 90
| Fireman, &c 81
Train Agent, so 50
Train Hand 6Oc &" so
2 cords Wood per trip of half
length of Road, at | per cord, 90
Oil for do. SO
Expenses per day for train
half length of Road, 81 27
And for the year for trains, Wis
daily Mail and daily freight trains
at 81 27 per day, 2l,228 4G
IL extra hands for fir ght trains at 81 25, 800 90
Add for contingencies, l4.9OS 10
Total expenses, $4,000 90
RECAPITULATIoN.
Estimated Receipts, 256,OOO 90
Expenses, $4,000 90
Surplus, equal to Il per cent. on e,oo mn A.,
capital, 'o''000 y"
In this estimate it will lie seen that we have
put down the number of passengers al 80 per
day, which we are satisfied is low enough,
indeed, in the opinion of many, loo low, for
intelligent men from various portions of the
country, all con"ur in the opinion that the
construction of this connecting link, which
will free the great Atlantic Mail Route from
it's only Objectionable feature, the trip by sea
from Wilmington to Charleston, will increase
the travel to more than double what it at pres
ent is upon the Wilmington & Raleigh Road,
which amounts to so per day. Again, when
it is recoected that at the terminus in South
Carolina, we join with three Roads, two of
which are about being extended into popu-
Ious country, and must, therefore, bring in a
great accession of travel, and farther, that in
period of years the travel of the country has
been found to double, who can doubt the cor
rectness of the estimate?
The freight, we believe we have put down
below the mark, with a determination of not
deceiving, if it can possibly be avoided we
prefer Ilsking an injury to the enterprise. to
disappointing a Stakeholder The estimate
for Turpentine and Spirits do. is based upon
the transportation of the same articles upon
the Wilmington g. Raleigh Road, which as
regards their manufacture would have no ad-
vantage over the contemplated Road, on the
contrary, the advantages would be in favor of
| the latter because of its passing through a
country equally as we'll adapted for their man.
ufacture, and which has never vet been tap
ped and also because of the increased facilities
| fortheir transportation which this Road would
afford
The subscriptions to the enterprise have
now reached between $500 900 and $500, 900,
and the Commissioners are still actively enga-
ged in receiving more; yet until it reaches the
sum of $3.50 900, the work will not be COM
menced When it shall be, no doubt can rea-
sonably be entertained that a good deal of
stock will be taken by the contractors, the
subscriptions being placed upon such favora-
Bile terms, viz: SIS per share every 80 days
after the commencement of the work, taking,
therefore, years for the payment of the
whole subscription.
The importance of the work to the United
States in affording a more speedy and certain
transmission of the great Northern and South
ern Mail, to the States of North and South
Carolina, to the town of Wilmington, and to
the inhabitants, both along the line of the Raj
eigh Road and this is such that we canno,
doubt but that all interested will promptly
come forward and aid u.s.
We submit herewith a compilation from the
census of 1910, which shews very clearly the
capabilities of the country through which the
Road will pass to support such al enterprise
And in connection with it, We may remark
that it may have been correct in 1910, but Ger
tainly cannot be SO at this time, for in many
of the articles the production has since very
much increased. For instance, it gave, in the
article of Cotton, for the Districts of Marion
Darlington, Sumter, and Marlboro, for the
whole, but 1880 bales of $50 lbs each
while we are assured, from recent estimates
made by persons we'll acquainted with each o
the Districts, that over $4,000 bales are made
in them.
EDW'D B. DUDLEY,
President W. & Nj. r. R.
: JOHN c. McRAE,
General Agent