The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1848-12-08

The Claim on tho War department, before
mentioned, and the debt secured by mort.
gage on the Weldon Toll Bridge to the
Board Of Internal improvement, which i.
not yot collected, to make up the residue. IL
Is however the peculiar province Of the
Legislature, to devise the ways and means
TO fulfil all our engagements, and preserve
the public faith. And IN suggesting those
jas, named, which are simple, usual and Ger.
tdlny reliable, desire ~ DC understood as
entertaining 20 preference for then, above
any othets, uhich the wisdom of the Gen.
eral Assembly shal! approve. The duty
Of the Executive IS performed in presenting
alih irankGess tae necessities Of the Treas.
ury, leaving the manner and time OF relief
TO the proper cons,, u,onal department, Of
the Government. Ii is OF moment. how.
ever, that measures should lie taken in dl 9
season 10 Ilquidaie by degrees the State .
lia5iIItIes, and the process herein recon-.
mended is not moe speedy than q Use poll
cy demands. IL additional resources shall
be real I'D from sale OF the Railroad or
tecoveres in the suits against the stock.
holders, they viii come oppotIuuely in fur.
therance OF ih9 measure of reduction now
proposed, but the expectation Of them does
no, justly lis os'Ponenleni o, the present:
Session.
You vii! doubtless observe in the Reports
Of the Comptroller, ,ha, there is no slate.
menl Of any tax. received on the success.
sion 10 estates, real aud personal of deceas
ed persons, by Others than lIneal descen-
dants, which VAS imposed By an act Of last
Session. Whether the unfruittulness OF
this source Of revenue thus far, has been
owing 10 lie failure 10 prescribe any spe.
cllic sue for its payment to the clerks and
Tor lis being accounted for ty them, OF TO
other causes, Is question fer your lnves,i
CATION.
Agrecably 10 the instructions Of the Act
Of the last Session, caused an laforna lion
IN the nature Of B,lt Of Equity to be in.
si,uled N the proper Court OF Wake coun.
, ~, against The stockholders and Olher obi.
gots OF The Raleigh and CASTOR Rat Road
/ Company, 10 recover the indemnity s.ipu.
. lated ~ the even. Of any loss 70 the Safe,
by reason OF her sUrel, ships tor that Com.
pany. The great nu naer oil parties deen.
, dani and the changes OF parties by transfers
. of interest, and by deaihs, have delayed
the progress Of the cause TO final decision.
, Aud as It embraces the NAN subject OF con.
, troversey between the S;a,o and any Of the
. defendants, tho counsel for the State hayt
( not pressed for trial the acIions u, Law n
gains, some of them, which Lad been pre-
D viou'iy pending.
! Ny opinion of the legal resronsibiltie:
, Of these parties, was presented at some
length 10 The message OF lsi6, and rema us
unchanged. Ia consideration however Of
the circumstances Of their case, am led 10
the conclusion ,hatil is proper subject for
adIIstmen! bY CO npromlse, and that liberal
!, terms should be allowed By the Slater
| The Transaction which occasloned II has
been truly unfortunate fer both patiies.-
While on the one hand it has imposed a
burlhen On the Treasury, winch IS heavily
felt, on the other the whole capital stock OF
800, 000) subscribed aud paid in has been
lcst to the individual contributors and the
property IN the Road which II went 10 con
struct has been purchased IN by the Stale,
, and affords the accommodation to the pub
/ lie which was the Chief lnducement with
| the Legislature 10 authorizing It's conslruc.
ton. Ii in addition TO the loss OF the stock
! already sustained, they shall be subjected
10 an equal recovery on the responsibilities
, subsequently contracted on account OF Toe
I Road, 1t viii be double grievance which
many q apprehend) will be unable to bear
4 portion of them have no doub! sufliclen
means to meet il without material mary
4 But the larger number, among whom aie
e widows, orphans, cIergymen, mechanics
planters with large families and moderate
|! estates, have heretofore elt,he deprivation
n of the means invested in this Road, as a ca
G latuity, and cannot suffer an exactlon of
!. like amount now without rum. | submi
r. these observations (becomlng, as think
is the candor and impartialiiy OF Chief Mag
Z istrale) with the less reserve from an at
e sencc of all interest oil any time IN this WORN
|. and Of connexion with any oil the person
5, concerned which could occasion any i'm
Y proper bias. v ha, may be fitting term
;. of accommodation can only be determined
n by the Legislature, aud can be more read'
= " negotiated by conference of those inter
n es,ed with committee OF your body, thar
y IN any other mode.
5, The operations Of the 4 ,ieish and Gas
W ton Railroad for the past two years will b
c fully detailed 10 the Repor. OF The Board
N Commissioners. The sta,emen. oilts Treas
II urer, published in the newspapers, in anal0
in gy to the Report of the Comptroller, o
ID the Publc Finances for the year ending tn
n lst Of November, ls47, showed It's earning
ID to have been SOS ,902 81 and disbursement
10 sos .457 90. For the following year, Ell
ding November ls', lS4S, the earning
n were abou, S57 900 and disbursements (es
n. elusive of extraordinary repairs, rendere
o necessary by conaagra'on, which de
,e slroyed the principal building Of the Roa
TO a, Raleigh s52. 47e 10. Add to this III
es amour, OF these repairs, viz: s2s,79l .
Z. and the sum total of disbursements viii! b
u, ISL, al o5. Ga the night of the 25!h
10. February last, the machine shop and eng'n
- .it, H.,