Daily Richmond times. [volume] (Richmond, Va.) 1849-1850, 1850-10-04

there is but oaf such instance % our road in Chester
held county, and not one in PaWhatau, but that land
which ordinarily sells Tor from dollars we ar,
made to pay ten times that amount for, per acre H,
knows that large amount of our capital has been ex
pended 10 engines, and furniture for the road anC
that the iron and timber purchased and pad for ha
consumed large amount of what has been collected
and which is safer than if uncollecled. And he know
that not one dollar of the guaranteed bonds has We
been expended
He knows, if he knows any thing on earth of III.
subject upon which he complains, that the chartered
capital OF the company is S. 500 000 and that any mar
with head upon his shoulders kn0aos that that is
very smdn capital to make such road as propose
distance OF one hundred and forty odd miles HI
certainly es know that $4,000 of this amount is We
to be made out by private subscription. and that $40
600 due from the State depends upon that making il
all S2oO,o0O He knows that no work in Virginia, OF
any where else OF similar character, has been done
cheaper or SO cheap, aud if he does call upon him tc
name it.
He knows that the average cost of the principa
Northern Railroads has been from so to 70 600 dollar.
per mile; and he knows that contracts for saila,
acork and equal amount have BEEN are n0aD beiDe
made IN Virginia and at lower prices than those of oul
ROAD. He knows that in consequence of the greater
pay given on other roads, thai quite number Of enoi
neers on this road have left it for such roads, and thai
some OF those who had been engaged here, have foi
tine purpose OF receiving higher wages, gone on the
Louisa Railroad, the Virginia and Tennessee Railroad
and the North Carolina Central RdahOad. He knows
that when the first purchase OF iron, by the company
was made, that although there afterUardS fall in
the article, it bought lo,oer than ever before that
Time; and hat recent purchase has been t01er than
that OF any other company. He knows that the cost Of
railroads dependup the amount oil aDork to be done
and vary as much per mile as the prices of negroes
horses or and and that no man OF sense expects, be-
Indifferent animal sells for fifty dollars that 0
hoISes can be bought at that price. Now this gentle
man knows farther that this company has, for weeks
together advertised to let the intervening part of this
road upon the same terms that upon which the pes-
tern end was taken, and thai nobody will take it,
lie knows that ii this pivipU nytro
giant prices and wasting money upon contracts that he
would take 1t himself and jump it, and let the COM
pany go to the ID.
He knows that whilst we have other stock to raise
that no wise man would deprecate his interest in that
held by hmseliby constantly abusing the company and
complaining OF extravaganza. One thing will tell him
he does not know 1t, and that is that the great AL
oany and Boston railroad was arrested during its pro-
gress Tor want OF funds and public confidence and that
only far back 1910 its stock sold for $40 per share
and ruled as low as S39; and that growlings and
grumbllngs and complaints yet affected the cha
racter or result Of what was udcous and WISE though
men howl and scott never aofsety.
He knows that men didn't find fault with Dewitt
Clinton when he was projecting the great Erie Canal
but only complained that he an old granny and
dotard was oasting all the means and asealM of
the State, and that his big ditch was hurnbus That
Christopher Columbus was upon mighty humbup
and ioasting means, when he tried for years for an ap
preparation to discover ptace-a small pIace-now
known by some folks as america. That Robert Full
ton was nlncompoop. simpeton and fool, spending
tame and money! when ne talked about boat acihout
cars, and steam and all that Why surely, who ever
did or ever does find fault with other peoples efforts
and projects although calculated to benefit and bless
the fault-hnder they only gently complain that such
people are asses and rogues.
But, gain tbs mild and sweet-toned correspon-
dent says he hopes the stockholders and newspaper
editors interested in the success of the work. p make
up to tie proposed reforms in its management, and
good will result; and if chan &c does not take place
III its management the inevitable result will be the
loss OF the CaDItaI OF The and
guarantee;-to all ct which have only to say that
ii this all-wise alI-prudent, sagacious and economical
gentleman will come forward and satisfy this Directory
mat they have made very unwse and extravagaut
contracts, and that at the time he could have done bet
ter Tor the company, or can do now; if he will
give them reasonable hope BELIEF that contractors
Will take contracts at lower prices and do work cheap
er and asertor ham than tor them-that he can let
out the unet portion OF this road upon lower terms
than we have let the other-or that he can have it
done whether the money is subscribed not-that he
than engineers aud nstrumentsthat he can save qua
rantees, or get them passed upon better tems-tha he
can get stock more readily taken- he can do these
thlngs-or any enc Of Mem-L promise him he
need not appeal to the stockholders to "apake up'-
but that this Board, one and al-each OF whom
has an Individual interest quite equal to, and of
them far oeycnd, his owuwIl resign into his hands,
fully and entirely, all agency management what
ever, and pay him in the bargain Surely one SO much
interested IN the success OF enterprise he holds so
dear; above all, who is periodically concerned for
the loss 10 Richmond and Pittsylvania Charlotte and
Henry, not to mention the State OF the amounts nvol-
we'd In this instance cannot hesitate for moment to
give the benefit OF his superior qualifications and
larged abilities to such an undertaking.
But have done. | scarcely intended to have said q
word in reply to your correspondent, whose whole OBJ
ect stands out and shows the "cloven ioo too plainly
in the last paragraph, in which he says eff the road
can be built so as TO touch the North Carolina line
charter can be had to Graham or Greensborough-mos
probably the tormer-and that they have fine charter
from Milton to Satsburq, which, Doubt could re-
pued" and thereby Vrginians might very well afford 10
take their money and make road away from their own
doors Tor other olkS who, Notwithstanding they con-
tribute nothing of the States quota by taxes and have
road right al their cey DOORS have subscribed $4,000
only to make it,
Now, this declaration Of Complaint in Caswell" is
new TO me, and have recently been among them; and
know that OF the Caswe stockholders the mass are
Indifferent as to the point Of connection.
have already grown tedious In this reply and must
torbear, Mr.. Editor saying anything as to your own
suggestion about route or survey down by Abbeville
out OF Slaunton, over to Dan, aud thence up that
river. Permit mesto say that the country in that d.
recon has been fully explored The route suggested
Is from seven ten miles oil ethe way and YOU are
aware OF the fact that Northern line was run which
was pronounced only a mile and quarter longer
than the Southern, though more expensive; and the DE-
rectory under rule OF the Stockholders could not
adopt that. on are aware that many gentlemen ,es-
peclay most OF our friends in Charlotte as well as in
Psyvania believed that that line could be shortened
and cheapened. They believed moreover, that whilst
SUCH hue Woulu De out consulting the interests and
convenience OF larger proportion OF its friends and
Subscribers who proposed to add greatly to their sub
and give The right OF waynstead of as
now going among lis sIemsst opponents asking enor-
nous damages-that such line would be consulting the
very best interests OF The company, by having sorta
with Lynchburg as possible, dong away
with all rivalry asto such connection, and secufngaou
q long line OF our road an enormous trade and travel
from 1t. N"'h ~ sasas.ns p s,t
Yet such were the complaints of suYpeys and the OBJ
legation of direct and eligible" that Ae had no alter
native. Going South, then, out OF The way can only
be done by stoekho ders. Indeed, sir il Virginia,
through her own towns Of Richmond and Norfolk is
to reap the pene6t OF her own mprovemels--if he is
to receive the true, and Solid and glorious benefit of
the Southwestern Improvements down to the Iennes-
see line, and thence to Memphs-if she is ever to set
up for herself, and not re main forever a mere DEEPEN
dance and appanage OF Norihe States and cities she
must bring that niproy erIet south of Ja,nes Rper
AID by this c0nnectiof, thnk he is blind who does
not see ithe is traitor who does not 90 tor it, If
Virginia 10 do notAapg but make conrenenceS TO go
North, be so; don't who may; for Que .lrke Tor my
native land; and il we had excuse 60 out ofour way
should go 10 shake hands with that by cohneetioa
short long, cheap God knows, mistakes may have.
been made this road; know nothing human in
which there alesnot; but if there are, thy ought to be
pointed out adSpecfed and shewn tobe such as 9TH
ers would neVenhave made, nor that they would not
have made equal or greater ones. 49, II