Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1847-02-20
Foa rak wms.
To the Member. of the virgiaia LeEis

II
Your attention 10 respectfully called to substitute
to tho James River Bill presented. by General Doman
n "'1.e o. Delegates on ihsisdsy and ordered TO DO
nawha Company certificates nj State Stock TO the amount
OF St2360O0. be paid in instalnents running through
the next four years. "a sufficient complete the Ca
nal TO Buehsnsn) upon the company executing
upon all its property Of description secure the
meni OF the principal Of said certificates OF stock and
semi annual interest, and fling with the Second Auditor
m bonds in tho aggregate penalty Of S250000 with good
security oipesons bodies polite and
ing that the tolls upon tho whole line OF the Caus from
Richmond TO Buchanan shall annually average
oi S26OOOO for five years, years after
the Csnsi shall have been completed and put OPERATION
rom Buchanan 10 Lynchburg and oblgatng the security
tho tolls should fall short the ,aid amount Of $500 OOO
10 pay such deficiency. the tolls
upon the Canal between Lynchburg and Richmond during
the last four SITS $685. aud the interest upon the
proposed loan to the company will DO S7il60 per
mum. making the OF $3.50 l23-nesrly o. 900 lees
than the annual Of tolls proposed
IN other words the proposition is to guarantee annual
increase of Ssl03I of tolls upon the average Of
the tolls Tor the last four years which about $1,000 per
ahnum more than the annual interest the loan pro-
Nded by the BILL Can the Legislature reject and
liberal proposition this OF the people OF Boeiourtf-
Could that people give stronger evidence OF their conf.
deuce IN the great increase of tonnage the Canal
consequence OF extending IL the iron and agcu-
tural region Of the Stei Or could they give
elusive evidence OF their devoted attachment the Old o-
minioni And will the Legislature, at n crisis like this
when II Is important that all the Southern States should
present an undivided 'front.' drive them despair. by
iusng so reasonable aud Just a requesti Some have
expressed doubt whether the security be given
There is not doubt that subject. The guar
antee, with ample security, will certainly be
given by the company you pass tho law, and the
following statement will show that there is no danger
in giving the guarantee. The manufacture pig iron m
the counties OF the Valley the of the James Ri
will be increased this year 900 TONS of which ut
least 10000 tons will be shipped the James River to
Richmond, which per per mile (Which toll
II will bear when the canal shall be completed to Buchan
AM wili' on suO miles OF canal, amount to $4,000
From which deduct the tolls 1000 TONS the
average tonnage OF pig iron shipped from Lynch
burg TO Richmond during the last four years, ut
! cent per ton per mile, $500
Making increase Of tolls on the iron now
made, Of $4,000
pig iron, 10000
Tolls from BschSnan to Lynchburr, on 5000
tons OF all other kinds OF produce, from West OF
the Blue Ridge. supposed TO be now shipped on
the canal from Lynchburg TO Richmond, at cts
per ton, 1000
Tolls on 1000 tons, the increased Tonnage of all
kinds OF produce, except iron shipped from West
OF the Blue Ridge, at cents per mile, 10000
Tolls on 5000 tons of increased merchandise
OF all kinds. including salt and gypsum at an
average OF , cents per ton per mile, $4,000
Total increase OF tolls, S92 200
Which sincerely believe is much more than hail of
what would be the actual oi the tolls
upon the extension of the canal Buchanan and the ccn
pletOn OF the Southwestern Nc Adamized Rosd; conse-
qucnty the augmentation OF the tolls will be great that
the company would be able command means enough 10
would the Old Dominion her former rank among
the States OF Coniederacy. Can the patriotism of
Virginia Leg ,laturo strong an appsa To their ,s
tce BOrETOURT