Daily Richmond times. [volume] (Richmond, Va.) 1849-1850, 1849-11-29


orhe company will be fully Unidentified for these wise
me sres Of reduction by tolls on increased production
and transportation.
The contracts have been entered into for the works
necessary to the canal with the south side oil
James river Hardwicksvlle, Gainesville New Can
ton and Bent Creek Tor the connection with the Hvan-
ma river and for that between the canal and Underwater at
| Richmond The contractors are experienced and re-
sponsible The terms favourable ard within the
estimates. A statement, marked f. showing the con-
| tracts and contractors names, accompanies ms
The board of directors, in adopting the mode OF CON
necton between the canal and the south sde OF h RIVER
have anxously endeavodred meet the wishes OF those
for whose use they intended SO Tar as was compau
| BILE with the interests OF the company.
The terms of an agreement between the James river
| and Kanawha company, and the Rivanna navigation
comnanv made necessary by the connection, have not
vet been adjusted The board OF directors will, doubt
not carry out the wishes OF the stockholders, by be
raj shirt toward the navigation company, whose I'M
| movement Will serve as valuable auxiliary to
| The plan of the connection between the canal and
the dock has been for several months subject OF
anxious concern to the board OF directors 1t was found
NOT to have been denitively agreed but still the
subject of negotiation. Alter proracted negotiation,
and patient consideration OF all the propositions sub
mted the board came to the conclusion, that the most
eligible practicable route was that along the old line OF
locks And the contracts have been made accordingly.
If it shall be determined by the stockholders as pre-
sumo in view of importance it will be, 10 revise the
acts Of the board this subject the recordo their pro-
ceedugs, with such explanations may be necessary
| will be readily submitted.
| souppOSlng that THIS Will De the more satisfactory
course do swell the volume of this report, by
detailed account OF the negotiation correspondence and
| decision.
| g. The Blue Ridge Turnpike and Ferry.
The road in good order and the ferry well attended
The tolls received during the past year, 1853 10
| The expenses, for superintendence, repair and
| labour. ....-..'.........- III A
Leaving nett income of. .........l. 1916 IS
| concur in the recommendation, heretofore made,
that the road and ferry be disposed Of when the navga
ton shall have been opened to Buchanan The mode
OF disposition, whether by sale OF by abandonment to
the counties in which they situate, may be well left
| to the board OF directors, with such instructions it
may be the pleasure Of the stockholders to give.
| 4. The Western Improvements.
The operations on these works very fully detailed
in the report of the superintendent, Appendix /.
The turnpike has been kept in excellent Order and
abour has been applied to this purpose with skill and
economy.
The prevalence of cholera in the valley of the Kama
wha made it necessary to suspend work for time
during the past season. and has delayed the construction
of the new bridge the Gauley river. 1t will how
ever be available for travel during the winter and will
be completed early in the next season, most sub
stantial and durable manner.
Great is taken to keep in good order this impo
tant improvement, and the reduction of tolls heretofore
made on stock passing over the road, has added its
utility
The receipts for the last year, are SIS, 1868 70
The expenditures. ......-.............9,4 10 70
Excess of expense over receipts. -. 81 ,042 03
The report OF the superintendent will explain this con-
dtion of the account and shew that the expenditures
have beer Judleiousy made, and will diminish expense
in future
The works OF improvement on the Kanawha river ap-
pear 70 be still unsatisfactory to many OF those who
vigat the river When was in Charleston, the water
was at an unusually low stage, but considerably
better than that OF the Ohio river above Guyandotte.
And as the kanawha is mainly useful in conveying
freight which seeks market through the Ohio, was
not impressed with the complaints OF navigation
of very great force. The improvement is sufficient for
steamboat navigation during the greater portion of the
yeaJ high the Salines and may yet be made
valuable. The lock and dam system would give safer
andmore certain navigation, especially in low water,
butt would hardly be advisable to incur such ex-
pens, in the present state OF the companys affairs
less he Ohio could afford corresponding depth OF
water especially in the face OF strong objections from
those who principally use theriver. It is most impor
tant link in the improvement, and deserves the kind
consideration OF the company, well in reference to
the valuable commerce which passes down, to that
which, it is hoped, will ascend the river. And would
be happy to cooperate, without further delay, in such
Improvement as would make the navigation perfect and
satisfactory to all interested in it.
The receipts during the last year, 1882 66
Nett income received. ..........s 4,273 Oh
The system OF collecting tolls the Kanawha river
is unsatisfactory, and yet am not prepared to recon-
mend any better plan. The practice OF credtng the
tolls of long standing, and has produced the result OF
long standing arrearages.
On the ls Nov. 1916, the arrears amoed to slss35 y
3" 1S47, 23,23S SO
" 1913, 25 $50 90
" 1919, $500 90
Portions of these arrearages are no doubt desperate
But much the larger part due from responsible persons
and will be paid Instructions were given some time
SINCE to adopt the necessary measures for the collection
and insure in future at least, an annual settlement OF
the conpanys dues
The credit system is in great measure, the result OF
unavoidable circumstances. The principal freight is
SALT which generally descends the river in steamers and
hnnfs ha
the toll collected, without detention which would pro-
badly increase the cost of transportation and to many
OF the enerprsng men, engaged IN the manufacture OF
salt more convenient pay the tolls when they get
return from the shipment than as 1t goes to market
S. The Second DiUision
The report of the chief engineer will give informa-
ton IN detail OF the progress OF the works between
Lynchburg and the mouth of North river, and thence
to Buchanan. The section has been well described as
more rugged and difficult of improvement than any
other Of equal extent the whole line. was grathed
find that the natural difficulties have been overcome,
with great skill in the location of the works. and that the
rugged character OF the country had the redeemng merit
OF furnishing materials Of most excellent quality 1t APP
pears that the work is well secured against the
great dangers to which will be exposed, from the Pc
cuar formation through which it passes and that the
DAMS locks and clverts substantially constructed
as to promise security against the sudden rises ard vo
lent OF the waters in their passage through tho
narrow gorges of the mountains. The cement, which
is ound abundance, and prepared Tor use under the
direction of the companys agents, at Point Cabd has
proved to be of excellent quality and is used by all the
contractors under careful inspection. 1t is HOPED that
the canal will be opened for the of boats dung the
next year. And the most advantageous resutsmay be
anticipated from the very large increase OF freight which
it will accommodate, and may be expected to receive,
extending the benefits along the whole line of tie canal
and an extensive region of the aboandiIg in mi
nerals and rich in agricultural resources will opened
10 favorable market for its valuable products.
The means with which the works on the second dvi-
sion have been carried on are the proceeds of state
bonds, issued under the act of March lS47.
The LIST issue made LIST July ls47, was $4,000
/ I'd &c " list Jan. lS4S 100000
Sd Z" " 18th Aug. l849 100000
Amount sold to LIST November 1913, 326500
from Nov. LIST, 1913, to LIST
- $4,000
On hand LIST November 1919 ........... 1853 700
To be issued