The New York herald., 1850-04-29
Our yirgin,. Correspondence.

isSSHN ~. - a. hpfH iPV.
Tie Resources Of Trginia-JNe Discovery Of Can
vel Coai-Infrnal Improvements, &c, &c.
have been floating about in this queer country
for time upwards of considerable" riding o yer
mountain ridges, swimming impossible streams,
G. mping out in the laurel thickets, eating corn
dodgers and bacon-ihe last whereof was grie yousy
ist-ard exploring all that worthy of note in
this wild land of undeveloped rich resources After
a careful examination Of the premises, and obtain
ing about hundred weight, more or less, of spe-
cmens, ] have come TO the conclusion that jus!
here, or hereabouis, is the very spot where live
Yankee, turned loose, would speedily make his
fortune. The whole country is one bed of mnera-
logical and sylvan wealth. The very best camel
and hitunnous coal, iron ore, salt and iim5er-all
within short distance Of market, and contiguous
to streams which may easily be converted into
nayieable canals-ofer rare chance for theproiit.
able investment of both labor and capital.
do not speak speculatively, but coolly. have
traced one single stratum of camel coal, of the
very finest quality, of thickness ranging from
thirty inches to four feet, from few miles below
Big Ugly, on the Guyandotte, to within one mile
OF Logan Court House, distance of thirty-,wo
miles. Above that, separated by heavy strata
and shaes of light sand stones, is another stratum
Of camel coal, whose exact thickness and extent
have not exactly determined. Its quality, if any
thing, is better than that Of its neighborng depo.
sit / have discovered fine stratum of camel
coal in Tazewell county, sixty miles above here,
which believe ~ be continuous with this last Ii
alternates with precisely the same rocks, and like
the other, lies horizontally, and with similar
bearing. ! have seen two beds of kidney ore, an
a very large deposit, on mountain summit OF
brown henatite and common brown oxide of IRON
The common bituminous coal is abundant all along
Guyandotte, Big Sandy, and Tug rivers. AS for
salt, you have only to tap the hills, and spring OF
briny water is pretty certain.
Hitherto these riches have been locked UP, partly
from want of energy among the inhabitants, an
easy honest, indolen, and careless generation, and
partly from natural causes. Timber, petry, and
ginseng and cattle, have been the chief articles of
export But Virginia, after long sleep, has walked
w, and having suddenly discovered the value of
her own resources, has gone TO work to bring them
before the buying public. Among other acts passed
last year, was one for the incorporation of "The
Guyandote Navigation Company" The features
of this
J. Appointment of Commi ssoners to sell stock
Capital of $4,000. divided into shares of $50 each
and company authorized to create slackwater naviga
tiop, by OF dams locks &C. from mouth of river
to Logan G. H. and as much farther may be deemed
practicable.
3 Provides mode Of subscription and that when
forty shares are subscribed company to be organized
under title given above.
4. Power to take necessary land for dams, SC.
5. When shares to the amount Of S22 500 SUBJ
scribed for the Board of Public Works instructed
to subscribe for S4oo worth of stock the part of
Sections 0, and contain matters of police, &c
! learn that this stock is taken up, and that ope-
rations will shortly be commenced The amount
Of capital is not sufficient, but il is generally un-
derstood that when it has been exhausted the
State will increase her subscription. The inten-
ton is to improve as far up the money will pay
for The locks and dams thus constructed will
afford large per centage from the start. There
can be no doubt of that fact. This Improvement
and the new road commencing to be made from
Abb's Valley, in Tazewell county, to Logan,
through the new county Of Wyoming, which will
connect with the fine new road, lately surveyed,
from Wytheville, by Col. Piper, will form chain
of communication between the great Virginia and
Tennessee railroad and the Ohio river, and deve-
lope not only the mineral, but the agricultural
sources Of this whole region. | had intended to
append whole column of fine reflections, philo-
sophical deductions, &C.; but if what | have given
don't wake the attention of New York capitalists.
and set them TO thinking, nothing that | could
further urge would penetrate their dull souls
shall bring with me some specimens of the coal,
&c., and if they want TO look at it, let them ad-
dress letter TO me at Philadelphia, and they shall
have the opportunity: shan't make anything by
that opeiation-but the public will.
n. B.-Speculafors will please TO pay their pos
tage, and be hanged to 'em.