The North-Carolina standard., 1849-08-15

ne
Court House to-day at IL o'clock, A M for the Pnr-
pose of dcvsing means for increasing the subscIp.
lions the stock of the North Carolina Central Kal
sSSS notion of Capt r. p. Guon, the meeting
orqanized By appointing w. d. Haywood, ESQ,
Intendant of Police, Chairman, and MIR. Joseph l.
Hunter Secretary. &,
The object of the meeting was briefly explained
by the Chairman, who impressed on the meeu"g 'Ie
importance of prompt and energetic action In secu-
ring subscriptions to the stock of the road.
s0n motion of Mr.T. ]. Leinay,
ResoIred, That we will form Internal Improve
ment Association to be composed OF eitizens OF the
CITY of Raleigh and county of W axe, for the purpose
OF collecting and disseminating among the people
information on the subject of Internal improvements
and helping forward to completion the Central haii
Road project. -sf rs.'as
The following gentlemen were appointed COM
mitee todraft constitution and bylaws Tor the gov
ernmant of the Association, TO be submitted to SUD
sequent meeting. viz:o Thos: J. Lemay, w: :
Holden, F.. p. Guion Jere Nixon, Z. L.. Hinton,
Richard Smith, and o. L. Burch.,e - %
Mr.. Lemay submitted the following resolutions:
WHEREAS the construction of the North Carolina
Central Rail Road would greatly enha nee the value
of property in this city, and promote the prosperity
and welfare of all its citizens-merchants, mechan-
les, and Iaborers of every description; and whereas
all should contribute to the accomplishment OF the
enterprise according TO their ability: Therefore,
ResoIred, That it is in the opinion Of the meeting,
e1pedent and proper that liberal subscription 10 the
stock Of said road be made on the part OF inc ciy
Reolred, that the Inendant Of Police be requested
to polls be opened in this City, on the hrs
Thursday in September next and issue notice request
ing all the legal voters therein to attend and vote Tor
or against the proposition authorising the commits
sioners to subscribe $50 shares for the Corporation
of the CITY of Raleigh in the stock OF the North
Carolina Central Rail Road Company, chartered by
the last General Assembly. And should there be a
majority of the in favor of such subscrP-
ton, that the City Commissioners be requested 70
apply to the next General Assembly tor an amend
ment to the charter of the City Of Raleigh, to enable
Ihem to raise sum sufficient TO pay the same, by
laying tax polls and real estate; Presenting' at
the same time, to the Legislature, statement set
ting forth the amount of the present taxes the amount
of tax required and the number OF years to pay IL IN
RICHARD SMITH, Esq. said he was in favor OF the
measure. He had subscribed, and was willing also
be taxed so great and desirable an ooect
as the contemplated fail road, which would open
way through the centre of the State for steam YES
sell which would large portion OF the travel
which now passes through the Mississippi. IL
would take that travel, because ltwould pass hrougn
a high; dry and healthy country, where the CHOLERA
has not vet been and probably ,rOtd nerer be known;
where there would be no blowing up Of steamboats,,
and because it would be more regular, certain, safe
and more expeditions for travellers from the Chesa-
peake bay to New Orleans-and, drawing IN large
very large portion of the immense travel between
those two points, the stock lpOud eTtany De produe
tire The road would not be laid rotten foun-
dation like other roads, but in T iron, which would
be lasting; that the road had navgabe rivers on
its sides 10 compete with It; that It would pass
through a rich country, and bear of Its abundant
products market. Every thing on both sldes IN It's
front and in its rear would tend to load 1t with pro-
table business. For this reason he thought sub |
scrpton the road would not be giving, but trans
ferrng the money from unproductlve to prohta-
bic investment. He was therefore willing to be
taxed in addition to his subscription, hrecJfOLd yea,
FoUR-FoLD, if necessary, TO secure this great work.
He thought it probable he would have to pay more
IL
than any one else; yet to obtain so great gooe' ne
would cheerfully bear it. The patriotic remarks and
noble sentiments of this consistent, intelligent and
udcious veteran in the cause Of internal improve
ments, were highly animating and encouraging to
the meeting '- r. ----. 81 -
Ma. WM ASHLEY, ST., said if the boys would lis |
him he would tell them the sreet of the matter
In every thing in life there was bitter and sweet
In this, were called upon to pay our money that
the bitter; bnt as the road shall be 0ullt
il will yield ten per cent profit on the capital stock
That will be the saUeef. It would connect with
the Georgia road immediately, put US in communlca-
tion with Knoxville, Tennessee, and thus draw on the
line the current of travel from the South and the
West to the North and would become one OF the |
most valuable rail roads in the United States, and
mistake. That it would be so, there was no doubt.
It would also give life to business, employment and
good wages mechanics, enhanced value to property
and rapid increase to population. Those who
viii give one hundred dollars in this road, will give
two hundred TO their children. The remarks of Mr..
A. produced very strong and pleasant sensation In
the meeting, and called up Maj. G. l.. Hinton, who
addressed the meeting considerable length and with
great force the value of such road to the farming
interests of Wake and to the property and business
of the City of Raleigh. He expressed the
opinion that unless this project succeeds, the Raleigh
and CASTOR road would go down-an event which
would be truly disastrous this city, 1t might stop
in less than SIX months from this day. He adopted
the sentiments of Mr.. Ashley, and argued that The
road would most certainly yield dividend Of or 10
per cent. He lamented the parsimonlous disposition
which had been manifested by the people of Wake |
county regard appropriations, and their
ness in contributing to work of such vital lmpor-
lance to themselves and 10 the whole State, as the
Rail Road. He alluded with much |
feeling, the effect which such course had upon
reputation and inuencein the Legislature, and in
the State at large. -s. - .-, ,..t mi. r.., ..-.
e. 4 few remarks were made by Messrs. SION Ro-
GERS, Jr. JRR. Nixon, and G. G. BATTLE all show
ing deep interest in the enterprise, and tending to
give life and animation to the meeting. -. Sax.
The resolutions introduced by Mr. Lemay, above,
were then unanimously passed. -Er:. i'm.
Several gentlemen present then came forward and
subscribed to the enterprise; after which the meet
ing adjourned. ..s-.ys IL -.-..ss... ~.
=. =, WM. DALLAS HAYWOOD, CH'm.
JOSEPH I. HUNTER, Seey. ..... rI.55
.--r7 ..,- = e- RALEIGH. August 10, 1919.
Al large and enthusiastic Rail Road Meetiug,
held at the Court House this evening, at O'CLOCK,
on motion Maj. Jcfemiah Nixon was temporarily
IL d -