The North-Carolina standard., 1849-02-28
THE CENTRAL RAIL ROAD.

large and enthusiastic Meeting in favor of the
Central Rail Road was held at Greensborough, on
,be Goth instant, at which speeches were delivered
Nv Messrs. Gilmer and Caldwell, and a series OF
resolutions, introduced by R. P. Dick, Esq, were
unanimously adopted. The Proceedings of this
Meeting shall appear in our next
We perceive from an advertisement in the last Sal
isbury Watchman that Books of Subscription Tor this
Road will be opened by the Commissioners In that
Mace on the 18th of next month. The following ar
tcle from the Watchman, will show the spirit which
rrevails on the subject in Rowan and the adjoining
Countless:
.PRospEcrs OF THE Rail ROAD. This subject,
We find, is growing rapidly upon the affections of the
enterprsing and business men OF this section. The
project is very important one, and IT carried out will
nroduce change upon the whole face of this coun-
try and upon the social and commercial condition of
the people of the State, which only be realized
in order properly to appreciate it. Men who have
landed, mineral, other property to be enhanced
bv the construction of this work are, nd bring
ing themselves by degrees, but surely, to point OF
action and have doubt in this world that un-
less the man of small means is active In putting In
his subscriptions, capitalists will clutch this prize.
We understand that considerable number of men
of in adjoining county and hereaoouts, h0ce
declared that they 1cU each form Of company to
consist of hundred oho shall take the 1ohoIe Stoch
When men begin to talk that way, we may depend
upon it they are prepared for action and we may
also assured that they have bright expectations
in the future, backed by certainty of success.
Should such company this be formed, ofcourse
they would have the privilege of G0Orig out their
subscriptions. This is the thing which is waking
mn monied men, and which ensures the completion
of the work. 1t is believed by many that it will be
money making business take stock these terms;
for say they, If Subscribe ten thousand dollars of
stock and work out thirty thousand dollars the State
will have to pay twenty thousand after deducting
nv subscription; for it be remembered that the
State pays two-thrds of the expense whilst individ-
uas pay only one-third. Or, in other words: the
State gives me job of S3O,OOO at fair wages, pro-
vided l will pay one-thrd the expense and secures
10 me interest also the work equal to the amount
of my subscription so that receive, in the end full
wages for all the work done, and my proportion OF
the profits which may be realized by the operations
Of the road. would not lose anything If the stock
should never be above par: for the hands employed
in the work could not have found as profitable en-
pOyment elsewhere, even after deductlng the one
third, as when working on the road. And If the
stock should prove to be good, my fortune IS made
Such is the argument; and in the degree the States
proposed contract is understood and appreciated SO
will be the willingness of capitalists to accept it."
We hope the citizens of Ralegh-aH Of them
will bear in mind the Meeting which is to be held
here on Saturday next and come up to it with de-
termination to perform their part of the'great work
which lies before US. This Meeting is understood to
be preparatory to County Meeting to be held here
at our next Superior Court at which time addresses
may be expected from distinguished gentlemen, and
Books of Subscription will be opened.