The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1849-03-30

DIn,ille Charter ard in SO do NJ, We lhlnk
ae have net the ll,t expectations Of ou'
constituents, and ,f all the friends Of Yves
tern Caroline. We think 100, that in 50
doing, we have opcned way for the re-
d.mpiinn Of or declining fortunes.
Now, as to The ptacilcab,llly Of the pro-
posed scAene: from Charlotte TO The I'D.
KIN River, (AG mllesl We know from per
Caa lbseiyGilun, that the ground IS high
~ favorable Tor the construction aud kt ep-
ing Up a vo,l: Of lais kind. A direct hue
between these points, would be wel.sdap-
ted 10 such a road; be- by dtllecllng eth.
er 10 the right or ief', we have country
that cauno, be surpassed IN suiiableness, by
any IN the State, al the ssne distance from
The sea. From Gold borough to Rileigh.
re, kontd al 4J miles, there IS a uniform
p,an. a6oUndirg IN the very best timber
% both tlrse sections, labor is cheap, and
pro. sioLs p.cuty. The probability Is, that
these tao sections can be constructed al
he very lnwrs, raie which is gwen for
,nrh woik. We uosll Aoppoee that eieren
thousand dollars 3 ME would be an ample
estimate for THIS part. Allowing COR devi
atoms, aud to leave no room for cayilllnI,
We viii pui the whole distance from Gods
borough To Charlotte a, 2l0 miles, (housb
many thiuk il less Taking of these 81
miles, there viii pc II 10 miles intermediate,
which Is not so wei adapted &c tins kind of
Improvement. lheie are many short bills
end a considerable nnntbet Of streams.
,pr n E1y
that 'ha prCd'e Of tbs section is very near
Is, II not gate as good, as that upon Which
The Charlotte and South Ca,ollna road is
located; and better than ,ha, over v hich
the great Georgia roads are laid. These
roads land aith heavy / IRON, under the su.
pervlsion cf those accomplished engineers,
the Ga'nells, cos, only thirteen thousand
dollars per ME, including cars, depo,s,
water stations, soik shops, Offices, and
N fact, every thing complete. BI; if We
are safe in our fest calculation, thr,e vii!
be enough mon@y left Of the prop, sed !hrce
mliIlors to allow SD J5S per nth, fuf The
intermediate 70 miles Of d I'll 'Lll couutrv.
Nlth The same skill employed IN the sur
veys and estimates, we need not have the
east fear, therefore, as 10 the sulii:lcncy
Of the sum proposed IN the Charter.
Mr. have We the slch'es, doubt as TO
TIE PRO ITABLENEss OF THE STOCK. Ia
tho first place, We will premise tina, TIE av
'rage stock Of all the Rail L Dads in the
United alcs PAYS clear profit Of Strcn
Per cent. We have the very best aushor
tty for saying this. The Information is lie
rived from The official reports Of the Rail
Road Companies published IN that safe and
cautious period cal, the Rail Road Journal
/ Again, we have the fact stated IN tie sa ne
Journal, and confirmed bv many others,
hat there IS no well made Rail K nd 10 the
United States, but what pays Sir per cent.
on lis capital stock, and often more. Eur
ihermoTe, We are equally well established
in The fact thai The Rail Roads in Georgia,
(not one of which is finished pay, aud have
been paying Tor three years past, between
SIR and eight per ceat. on the stock sub.
scr5ej. Georgia is stretching lef iron
arms iowa d. Nashville, in Tennessee;
Mont onery and Mobile, in Alabama, to-
wards New o leans. and is looking with
anSlous eyes towards Pensacola 10 Florida
4 Congress has been Invoked TO ASSIST in do.
ing THIS last work, with some prospect Of
favorable response. She has not, as yet,
pot herself IN communion with either of
these places, but 10 one doubts her ebtlily
to do so. As NC said fore, she is alread,
max NJ 6 per cent profit; " hat v i'll be the
fl CT o. coml leunI these connexions, it is
not possible even TO corj aciufe. Nhatev,
er the result may be, II will eventually
conduce to the vlue Of our Road, for they
form rs Southwestern continuation. Il is
in fact, SO much done for US. Look, then,
TO the accumulated masses of travelling
custom which the North can pour down
upon US. Look al the pursuits, the ins'i
iutlons, and The social inducements within
oCr own borders, tina, are strung along this
route. kl oi these are destined 10 produce
gag trareNing. This term is used TO SO {.
nifty trips upon part Of given road, VITA
out going through lis whole extent, and is
generally fer more profitable than what is
called through travelling. Between vii
mngton and Weldon, il amoun,e TO more
than double the income OF the other, al.
though the country over which il passes is
generally barren, and unsupported. The
late Governor OF the State, very cautious
ond intelligent gentleman, has shown by
some Statistics, hlch he LAID before the
General Assembly, that about four hundred
thousand Of the pop'a Of this Safe reside
within fifty miles Of the proposed work we
viii add, that they are among the most
. thriliV aud well tpfnrp,rI az or- c,,f,..,,,
, Consider how much OF this population wli
, be pat IN motion on business within the
> State. There is the Mint o, Charlotte,
, the Iron Mines aud Furnaces in Lincoln,
. CASTOR and Ca,awba. TIE Gold Mines in
; Necklenburg, Union, Cabarrus, Rowan,
} DAVIDSON, Randolph, +'d Guiltord. The
! Banks al Charlotte, Salisbury, Silem, Hills.
I borough, aud Raleigh. The excellent
Schools and Academies, (Mae AMI Fe.