Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1852-11-10

tie Ire II the Ono tlVer.
Tbeplan proposed heretofore and ;hat " Ie'
was brought foraarJ in the Legislature la''
winter and al the previous scs,ion' "a' tha'
the Virginia aid Tennessee RAJ road c'nPany
should have the control Of tins branch bn'
here Is 10 be an entire separation between the
opifal stock Of the main line aud that OF Inc
branch. The expenses, profits and dividends
are 10 be kept serup:louoIy separate aud DIS
fuct.
BY sancrio1iDg the general plan proposed
by the Union Convention, all the rvaIries an"
quarrels which have heretofore retarded the
progress Of internal Improvements in the State
have been settled Tie Virginia and Tonnes
see Railroad company will occupy the position
which has been conceded to IT by the
friends Of each and all Of the Other great works
in r1e State. The Ratchet IS buried, and all
icaIousies should be at an end. Under these
circumstances tbs company cannot fail to re-
cciye such aid from the Legislature as the pres
erh condition of the work demands.
That some such unders' andng was neces> a.
~ may be seen from the history of legislation
during the last winter and spring. DurlngtIat
period, this company was refused hy The Leg
sarure the naked privilege Of increasing It's
capital stock by private subscription. But
there was nothing pacniar n their condition
to cause this rejection oil bill which should
have been granted as matter Of course. Eve
ry other company met similar fate. The
Central Railroad company was refused the
right 10 increase lis capital 10y private sub
scrp,ion # $3.50 Door $500 000to complete
and equip the road to the Blue Ridge. The
South side road was refused the naked priv
lege of increasing its capital stock by private
subscription Tine Orange and Alexandra
road applied fer similar privilege and was
refused. A naked charter for Railroad from
Richmond 10 York river, to be built by private
subscription, failed. An application of the
Manassas Gap Railroad company, 10 decrease
The States subscription from 5to 8 5,to place
them on an equal footing with all other com.
pauics, failed; although tie hole Legislature
acknowledged that it would be but an act OF
sheer Justice So that there vas nothing pecu-
liar in the position occupied by the friends Of
the Virginia and Tennessee Rrlroad to cause
the refusal Of Their application. All the rest
failed as they did. It was clear that the In
terna Improvement party had strength enough
to declare that no scheme should succeed
alone, but tnat some general system should 1t
adopted and must succeed in all It's parts or ii
none. This together with general disposition
topostpone all appropriations TO the extra scs
sion, 10 see how the new tax s. stem would
work, caused the application Of the Virginia
and Tennessee company for anincrcase Of CAPT
tai 10 fail.
It is hoped that a better feeling now prevails
aud that the Legislature will at once determine
to finish all the great leading works Of the
State, as the very best means Of putting an end
to log-rolIing.
We will publish the official proceedings OF
The late Stockholders meeting .in this city
when we are furnished with them.
\ Tenn Dpraure Convention has l,,a,, hold -,