Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1849-03-09
olusA RAILROAD EXTENSION 10 RIcnMoNI


,o,usARaIIRoaD EXTENSION 10 RICHMOND.
Statement showing what the Commonwealth would
gain II the profits Of the Louisa trade we're transferred
10 the Louisa Company, from the Rchmcnd' ffsdrf-
icksburg and Potomac Company:
d,apitai Of the Richmond, Fredericksburg
and Potomac Company II ouu'uuV W.
States interest s'oi~uV v"
A little more than one fourth.
Capital of the LOUISA Railroad Company Shb5,'Vo w
States Interest ooSVoV w
More than one halt.
Suppose the nett profit hereatter 10 be derived from
ane Louisa Company be St,,ooo.
If that sum j. 10 be divided between the state and
,he Richmond, Fredericksburg and Potomac Company
the Stale would gel. say fourth, or only 81 900
Ifit was divided between the Commonwealth aud The
Louisa Company, the Stale would gel mere than one
half, say Sl5,000
The Loulsa Company has since the commencement
.,etted three and halt per reni although The klch
mond, Fredericksburg and Potomac Company nave
rpioysd principal profits from their business VIZ
.hr transportation The terminating section on winch
The whole business Is accumulated, which had beer
collected by the Lonisa Company IN small parcels above
the Junction.
Civ. The traIispu satiun Ia the Louisa Company by
an independent road, tii IS give I" them The us n
their ow n labor and expenditure, and Their stock VIII
SIX per cent soch besides an TIE great al
yantlg~s the community will derive from carrying Ihr
road near shipping. and SAVING tbe heavy cost al
drayage from the dock 10 the present Depo,
There viii stIll b. another SAVING I" The state II
,pprars from the report The Heard OF Pubic Works
that the administration OF thu Richmond, ifedeHcAs
burg and Potomac company Is much more expensive
than that of Lonisa Company Take The subject 81
salaries by OF ILLUSTRATION Report Of Beard al
Public Works present year:
Ia Richmond, FREDERICKSBURG. and Potomac Company
sisasnt. ss,i5s
In LOUISA Company
President, Superintendent and Treasurer, 2,5n
Perhaps tbs may be accessory owing, ~ some degree
"a the fact The work shops III tie kichmd, IRE
arrcksburs ana Potomac Company are IA Richmnnd
aud iis officers res,e there, Whilst ih- "n'>t work
shops are th- country III officers reside III tie
country and wili continue |" d. -" enabling The Com
pany lo Iiaclisr economy ~ wages and salaries But
40 sdtser phG prcHcc N, rta'fr economy ruth the Lon
,,s COMPANY inr,r certainly great difference and
Tho COMMUNICABLE would derive III. heneht by chang
ing the management al the fund.
COMMENTS 0N THE ABOVE.
Il Is pr sumed, from this handful, that the
officer, aud AGENTS OF the Louisa Railroad Com
pauy have iailei III inducing The impression that
ihe Louisa Railroad Company MS been aggnev-
ed or oppressed and that the attempt is now
making To induce the General Assembly 10 be-
lieve that the State i 10 gam by the operation
of constructing second railroad between Rich
mond and the Junction. She \ tc gam, II would
seem by the spoatlon of one OF her partners
for the beneht OF another; because, iorsooth
she has an interest of a hqJ IN the profits OF the
second partner, and only fon'th IN those OF the
first!
|, Is gravely proposed TO The Legs alure OF
virginia, that size shall abuse the confidence o.
che partner who has manifested II by advancing
on the faith Of her promises Ihrec-ioli what she
herself ha> dors in behalf d another who has
not gone even pari Pas-n with her,
To state such proposition i enough to cN-
nose its consciousness
But the proposed gam would not be less dc!u-
siye than the proposition itself is III derogaiiou
ia; Of ha IL, a
i 10 be no greater amount oil business as there
would NO, be TO any material extent, on The
two roads than on one, then il ! evident tha
the increased expense of keeping up and run
Mug on two roads, instead OF one must abstract
largely from The agg egate amount Of nett pof
on The two, and that a partner in both could
scarcely fail 10 be loser by the construction Of
the second road from the Junction.
Alter The comparison Of VIVA, hi S,a,e wousi
gain by transferring $50 900 from the k:chmond
Fredericksburg & Potomac Company 70 Tn
Louisa Company, the hand-ti !; VIII be pct
ceived, advcr,s 10 the hardship Of ne Richmond
Fredericksburg & Potomac Company transport
ing on 1.-The terminating section" Of the LonisS
Railroad.
II would seem from this. as il the secion Q
The Richmond, Fredericksburg ami Potomac
Railroad between Richmond end The Junction
mating section" Of ths Louise roaet, although tht
acl OF Incorporation OF the last named road
makes il commence "at a point on The line
The Richmond. Fredericksburg and Polomnc roa'
in the neighborhood ol Tayloisv''le, aus
authorizes an extension only I'm The direction o
the Blue Rilse of mountains or across ih'
same"
But there is one considerable position in lhe
hand-bll, which IFS author evidently deems !,
be conclusive. This IS that the salaries III The
President, Superintendent, Treasurer and Assis-
,ant Treasurer of the Richmond and Fredrrlcks
burg and Potomac Company amount 10 Ssl5S
per annum, whilst those OF The President, Super
inlendent and Treasurer OF the Louisa Compa'
nv amount 10 $500 only.
Now the salaries Of the officers of the Louisa
Company, SO long as the Richmond Frederlcks-
burg and Potomac Company did the t'ansporla
tioa on the Louisa Road, amounted, II appears
to but Sl,225 per annum, instead OF s2'oou
At present in addition TO this S2,o0O per an
mum, it appears from the contract between Ia,
Two Companies that 81 600 per annum IS pa'e
by the Louisa Company to the Richmond, Ere
dericksburs and Potomac Company "for then
greater labor and responsibility IN collecting
freight and passenger fare, KEEPING ACCOUNTS
and furnishing way bills, SC, and it IS reason
able to presume, that when their road shall be
extended - Richmond, the officers OF The Louisa
Company vii look TO tneir salaries being pro-
portioaaily increased. II is certainly ittle
difficult 10 see how THE COMMONWEALTH, OR
THE Louisa RAILROAD COMPANY, are 10 be the
gamers by this operation, though the officers oil
the Louisa Railroad Company undoubtedly may.
CORN BY WEIGHT.--Shippers and large
dealers in corn al Baltimore, are endeavorns 10
establish in that market the standard measure
ment OF Sc lbs. 10 the husheI. Some Of them have
sustained heavy losses by he failure of their car
goes TO hold ont when subjected 10 measurement
by weight at The port Of destination. Orders 10
the amount of 100000 bushels OF corn have been
counlermanded from Baltimore 10 our own mar.
ket and that Of Philadelphia, in consequence Of
The standard of measurement employed at the
first mentioned pnrt-N Y Journal Of Com.