North Carolina standard. [volume] (Raleigh, N.C.) 1850-1852, 1850-12-14

bndges resolutions Concerning the North Carolina
hallroad, which were read as follows:
hesolred, That we, the Representatives of the fee
men OF The State of North Carolina believe itinexpe-
dent at the present time build the North Caroli-
ma Ean Road: which was chartered by the Legisla-
Tors OF the said Rail Road be requested to inform the
individual Stockholders of said Rail Road thereof
Resoloed, That we believe that the majority of the
reemen Of the State OF North Carolina opposed
10 building said Rail Roadsat the present time
Rcsolued That the Stockholders in the said sNortb
carolina Rail Road Company be respectfully re-
quested to surrender their charter the present Gen
era Assembly on or before the first of January next
mr: rope offered the following resolutions as a
substitute for the resolutions of Mr.. Bridges
nesoIced, That without saying anything in regard
70 me ProPretY or lmproprety of the passage of the
North Carolina Railroad Bill by the last Legislature
yet we are OF opinion that circumstances have inter-
Vened since the passage of said bill, of which it is
our right and our duty speak, and which render it
the true policy and interest both of the State of
North Carolina and of the Stockholders, that said
charter should be abandoned on both sides.
ResoLUed, That the present agtated and alarming
condition of the United States renders it difficult i'm
probable and much to be deplored if not impossible
lor Norm Faroina TO borrow two millions of dollars
on credit of thirty years.
ftesofUed, That in opinion, the advance in the
value OF labor for the last two years. has been such
that the cost of building said road is greatly increased
fesoloed, That In our opinion. large majority of
the people OF the State dissatisfied with said
road that not only will dissensons and disrust be
likely to arise between the State and the Stockhod-
ers but that no further aid from the State will be
granted to extend the said road in length to build
branches to 1t, or to complete it, should the mil
lions of dollars be insufficient.
Hesolred, That joint select committee consisting
OF hve on the part of the House, and four the part
OF the Senate be appointed, (he Senate concurrng,
whose duty 1t shall be to propose to said Railroad
Company at their next meeting, abandon said char
ter, on the terms that said Company shall return to
each Stockholder the amount paid in by him or her;
and that the State of North Carolina shall nav all
reasonable expenditures incurred in regard said road
ResoLred That in adopting the resolutions,
we regard ourselves in the light only of partner
contract and in other light is the proposition to be
made to said Company.
Mr.. Jones said, that he had voted at the last ses-
sion against the bill to incorporate the North CARROLL
ma Rail Road Company. He felt it his duty TO do
lie had now very different duty 10 perform. The
bill which he then opposed had become law, by
which the State entered into contract with certain
of her citizens. This contract he conceived he had
no right to repeal repudiae, in any to i'm
pair. The stockholders had gone forward in the ac-
tive performance of their part of the contract-they
had surveyed the country through which the Road
will pass, at consi derabIe expense and the Direc
tors will in few days be here to locate the Road.
1t was now his plain duty, citizen and as Rep
resentave, to lend willing hand to the work upon
which the State has entered. He cherished the hon
or of his native State as of the brightest orna-
mens that adorns her character, and he would do no
oCL "HiCu Couu Cdi tndt III queStioH. IIe
did not desire to discuss the Resolutions now before
the House, and moved 10 lay them with the amend
ment on the table.
The question taken on Mr.. Jones motion to
lay the resolutions the table, which decided in
the negatlve-yeas 81, nays "a.
MIR. Mclean moved the indefinite postponement of
the resolutions, and that question lie called the
ayes and noes.
MIR. Bridges remarked that he had sort of OBJ
lection the amendment offered by Mr.. Pope, but he
thought his own resolutions more explicit.
MIR. Leach of Davidson, addressed the House at
length in defence of the Central Railroad.
MIR. Bridges replied at length in support of his
resolutions.
Mr.. Person of Moore, gave his views ofthe North
Carolina Railroad.
This debate will be given hereafter.
On motion of Mr.. Stevenson the House adj burned
to 81 O'clock