Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1849-10-24
FOR THE SPECTATOR
a few facts worthy of notice.

The people of Augusta in May last voted by an over
%heimng majority in favor OF subscribing S 20 900
the Louisa Railroad Not dollar of that money has
yet been paid the Company but the subscrptoa has
oeen made and the assurance given that will be paid
When wanted The vote on the question Of 'ssubscrp-
tom or ''no subscription the hinge on which te
extension OF the road turned. Fortunately the people
tension oil the road to Staunton. Now, what has been
the effect of this vote? affirm without the fear OF
contradiction that it has enhanced the value of svcry
farm and lot within the County of Augusta. know
io in the town of Stanton which last winter was offer
ed at $500 but now although the is still anx-
1ons to sell, he will take less for il than $4,000
know lands that have advanced S5per acre and 9TH
ers more, since last spring And know many peopIe
who were then disposed to sell who will now sell at
ALI 1t is fact within the know ledge of every BODY
that there have been landbuyers in Augusta this
summer and fall than were known TO be here be-
ore and the sales that have been made have been at
unPrecedentedly high prices Iknow farm which w ,e
bought about two three years ago for SO SEQ for
Which the owner has recently refused $4,000, and
there is another In the neighhorhood which few wears
ago was bought for SIS $40 per acre for which s35
was recently offered and refused. These are not isoa
tea cases they merely illustrate the general nflu-
ence Of some great Cause That cause is the
OF the Railroad. With these facts standing before ms
an bold relief think may safely affirm that the moral
enec OIL the vote last spring HAS ENHANCED THE VAL
UE OF THE PROPERTY Of THE County TO AN AMOUNT
1--WE TINES AS GREAT AS THE WHOLE SUBSCRIBED
such effects are wrought by the prospect of the
oaa, what Will be the state Of things hcn haze
IN actual operation?
Suppose the people had voted against the subscr;n
oh what would have been the result Instead of the
Duoyancy and chceriulncss which pervadc the pul
nc miho every thing would have aspect OF de-
epondency. The enterprising part Of the community
nave lost ali hope OF advancing their interests by
opening new occupations and of wealth here
and would have gone seek their fortunes eIscwbcrc
property would have been depressed, business would
nave declined and paralysis would have Frustrated the
energies OF the whole community.
From these statements it is obvious that cvero olI,r
Juuciousy expended in internal improvements is seed
so'on 1nGood ground ,chich ,cH yield ten fold People
are TOO apt to look to dividends stock as the oniu
source Of profit. The Staunton and Parkersburg roag
oo an Illustration That work cost the State about $40
.oV, and 1t yields no Dividend But will any man saw
~ mas no. yielded large profit TO the State? BY no
neans lot the TACT is, 1T has enhanced the yaue o tho
lands o. virginia, MILLIONS OF DOLLARS. What is it
mas caused such rush opopulation to Highland and
Tocahontas ard Randolph and Barbour and Lewis
nat is II that raised the price of lands in many nsan
S from ~ CENTS 10 ~ DOLLARS, per acre? Nothing
out the Judicious expenditure Of that $40 900 in the
construction OF the ParkcrsbuTg road Let Us ali then
oy tnese iacts Let us not be niggardly with our
seed Let us sow with liberal hand in the coustrnc
oh o. coed roads. and depend upon it we will reap
H. n'the increased value Of property and
"' extended commerce. and manufactures Of our County
AUGUSTA.