The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1849-05-11

J.OU
Sugar. Coffee, Molas,es. same $500 50
Nett gain 10 tho people Of Gran.
vile alone of S53,343 IS
So, in proportion, are Franklin, Wa
rem and other counties benefited; aud if
the estimate be es eaded West, as you go
ptbe country, SO The prof, increases.
have said lhls much TO sho~ the ad.
vantage OF the CASTOR r ,ad 10 Wake Coun.
fy-adsanisses We are now enjoying.
propose nov 10 ask your attention TO |
the gra0d scheme Of The great Central
Road now IN contemplation and If we
were 10 derive no luther advantages from
extending il West, We are renuneta,ed al
ready more than eight times the proportion
of the tax we would have TO pay on
$4,000. 900 the Safe proposes TO borrow
for that road. The annual interest on that
sun would be Si20, 900. The ponuation
of North Carolina in $40 was 753 600
Of Wake County 81 lis.
As 753. 900 is TO Sl20, 900 so is 81 .ll5
10 S3,36s, the proportion Wake County
would have 10 pay.
her saving have shown 10 be S24.Ib2 b.
Deduct her proportion of tax 1865 90
saving from the present road, even
after paying our proportion Of
the interest Of The loan 2l,394 e.
Suppose tina, Wake and Granville were
governed as Bank. Road, or any other
corporation, and at the end OF ~ months
the slock holders were to meet, com.
mtitaa onnlpfpd N MAMMA into the af,ifs
OF The institution and /, was shown as plain
ly as think have shown by the above
calculation, tha, they had lost for the con.
cern S2i,76!, or s2l 1874 g. because they
would 10, expsnd s3,36s, does any one
doubt Tor moment, but the general ind g.
nation would be so great as 10 demand a
. change Of rulersi We cannot doubt it,
Then, acting in our separate aud individual
capacity, why not avail ourselves OF ad
san,ages offered
have said tha; 50 36s, is the proportion
Of the tax for Wake County, and tha. she
has population OF 2l,ll5. Multiply that
number by l6, and you have more Than the
amount required. So l6 cents for eaci
member of The family, more than pays the
tax.
But it would no, be as bad as tha, even. W,
have SO. 030255 worth of real estate IN Wake
Tax THIS cents on every hundred dollari
worth. and you lave l.62+
We have $3.50 polls that are taxed, say
20 cts. on each LIS!
Merchandise aud other things taxed S..
and you have s3.3ss
Blu, do1'. know that there is necessity
for taxing land and poll 50 high. Ii was
the pleasure OF your last Legislature 10 tax
money a, interest, pleasure carriages, gold
and silver plate, gold aud silver watches,
and many other ARTICLES used BY those in
more atilueni circumstances; and there are
still other OBJ ac's Of taxation ina, may be
made to bear laeir pfoporiouate part, ar
thus diminish lhe tax on land and poll.
had neglected to mention the increased
activity and value this fail road improve
nen. would give to your business and prop
er,y. 10 $50, under the former assess
men,, the real estate Of Raleigh was val
ued a, $685. ,355; ~ l547, ct S4l6, 455 =
IS per CT. 10 lis va ue being hus added, os
Jog TO the Raleigh ana CASTOR Road. Thu
town Of Wilmington offers still more strl
king illustration Of The bene CT OF Railroads
10 1896, under The former assessment, be-
real estate ~ss valued a, $3.50 ,369. Il
ls47 i, was valued at 81 49, 800, nearl,
doubled.
Size has public spirited, enterprisin.
population tina, deserves The aid so gener
ously Afforded her by the last Legislature
She is united in her public works, and b
the force Of union she will sutBouui ever
obstacle, and not ony repair the Whining
ton road, bu, connect IL with the Soui
Carolina road Ell Manchester. For she hs
already seyeniy-lour miles Of tina, road VI
der coa.raci, aud every cent to be taken
The stock Of the Company.
But, sir, propose to show some Of II
advantages OF the proposed Road 10 Ct
Western friends and without making an
appeal. 10 Sla'e pride or patriotism, pro,
that on the score Of dollars aud cents, il
vastly TO their interest. and our lnieres.
unite in accomplishing this work OF tt
Central Road. " thin 25 miles Of dire
line from THIS 10 Charlotte, there are
counties, conisolng populalan Of 24t
900, and real estale 10 The value Of So
900 900. The wheat ard cotton raised
ls40, was as follows:
Wie4f. Cotton.
C,bsrru, 81. 800 4,56s ::
Chatham 1892 399 7;
Davidson ll4357 1868 II
Dayie 4l4SI 307
8uJford 57.123 1865