Weekly North Carolina standard. [volume] (Raleigh, N.C.) 1850-1858, 1851-11-26

VIRGINIA CENTRAL RAIL ROAD.

VIRGINIA CENTRAL RAIL ROAD.
We copy the following informa.ion in relation othe
Virginia Central Rail Road, from the Staunton Vim
dicator: ..-
"CeNTRAL RAIL ROAD. We learn from the Char
Company held at Lonisa G.. H., on the 25th ult.
The President read his report, exhibiting the progress
Of the road, and the finances and condition Of tho
Company. The receipts for the year were $l43 ,6Ol
81, being increase over last year of 959,7 ST.
equal per cent profit the capital invested which
is to be applied to the construction of the new road
Col. Fonaine reelected Presiden-his salary has
been increased $500, so as TO make it $4,000.
The Tunnel at Rockfsh Gap is prosecuted with
unabated energy and industry andfrom the improv-
ed character Of the rock, it is by the cop!rae
tor tina! the whole work may be completed hfse
The lsiis ,s are 's; soon to be laid I,esn w.yssbo
rough and Ssaup,on,. and pel.a9 tess lhss6otss1
tain resoed 10 and the iron horse In the course OF
the next year will be snorting his way into Staunon
and taking drink of limestone water. 1t has been
decided, we understand that the road is to take the
Buffalo Gap route.
The road is to be put under contract this year for
thirty miles beyond Staunton.
The Road between the Junction and Gordonsville
is to be relaid with the heavy U Rail.
Guarantee Bonds Of the company for 100000 are
to be put in market for sale.''
1t will be seen, from the above, that this Road,
though not by any means completed, is paying seuen
per cent profit on the capital invested. This is
markable result, and we point to it as circumstance
calculated 10 stimulate and encourage the friends of
improvs vsment in this State.
This Road will be of immense benefit to Central
Virginia. North Carolina is as rich in resources as
Virginia. but these resources must be reached and
brought out, we expect to reap benefits from them.
Mr.. Cosby of this City, informs US that not long
since he had an offer of lime from Virginia, to be
sent here by means of this Central Road, on good
terms the article could be obtained further North.
We have lime in this State, in exhaustess quantities.
The same gentleman informs that the best hydrau
lie lime is to be found in S,okes he has worked it,
and knows it to be of the first quality. Lime also
abounds in Lincoln County. Suppose, for instance,
North Carolina produced all the lime that she used,
and in addition to this sent abroad and sold some
three four hundred thousand dollars worth of coal
per annum. what difference would these two items
alone make in the clear income of her people!
The encroaching spirit of the North renders it
more and more necessary that we should develop
resources and prepare to live within ourselves. This
is the dictate alike Of interest and patriotism. Let
US be North caron7ians indeed and in truth. Let us
bring out our mnerals-ilprove our sails-make our
own hay, butter, pork. beet onions, potatoes, and
the like-manufac,ure own cotton-produce wool,
can any quantity, and manufacture that also
and, ali, let Us build up our own seaports and
thus be in condition to reach the world through
own borders, and reap for ourselves the benefits Of
trade and traffic in the productions of own farm
ers and mechanics.
LATE FROM CALIFORNIA.
The steamship <baniel Webster, arrived at New
York on the 18th i.s4Aas, wirhah Eatest news from
California. The Da&el Webster brought abou.
100000 in gold.
Business is proceeding with energy in San Fran
cisco and order prevails. The miners were prosper
ing, the yields being unusually large. One man had
taken out in one painful, 2,Os4. This near Grey
Eagle City, on the Middle Fork. But it is useless
to particuarize-the general statement is, that the
weld of the mines this season is rich and highly
encouraging.
The Southern Convention for the division of the
State, was held on the Goth October. Those favora-
BILE the project have united upon Santa Barbara
the place where the Delegates are to assemble.
The San Joaquin Republican, the organ Of the De-
mocracy in the great Southern valley, has hoisted
the name of the Hon. Stephen A. Douglas Its first
choice for the Presidency.
The Steamer Illinois, now due, will bring. it is
stated, about $9,5oO,ooo in gold.