The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-01
}, an INAUGURATION Of ths,s eepp.ne. opposl.lon, 70

Dy amagamaon Of these companies, oppositfon 70
certain extent osssss all parties employed s gusran
teed remunersting prices for labor the rivalry wca mas
bsrkruped several companies viii uolor ger exit while
prices for coal to tho VII be Reduced BY ,hs
greater supply put upon the market TIE pusc works
Of Maryland (tbe Ohesspeaks and Ohio Canal and the
Baltimore and Ohio Rsilroad) will be much benefited by
n increased Of GOAL and the city of Bal
timore, frsm which place tn. tug opposition to the
measure emanates will be Immensely benefited by the
trade 1t 10 possible tho companies which feeking
smagamation may, after struggling along in weak,
fickly condition for several years. gather strength
enough to get into active operations and they ay not
Under the present administration Of the srs Of these
companies, they make progress and have very poor
propectsunited they acquire capital strength active
rssouroes snd facilities for immediate operation The
Legislature should by all look entirely to til. result
While the ccsl mines OF every other section Of the
country are actively worked and made highly produo-
tive, the great Cumberland coal region remains DOR
mapt for want Of capital and enterprise among ths DIFF
terert incorporated companies The btumineus GOAL Of
that region equal TO the best Welsh COAL and for steam
purposes either station airy soa has uperor In
the world 1t is therefore, important that every facility
should be afforded by tho Legislature Of Maryland for
the development OF the mineral Of that STATE
for the increase Of her pu blic works. by
eoursgpg transportation Of coal to tide water and for
the rapid extension OF steam marne ~ en-
suIng full supplies Of that COAL tho value Of which has
been tested by and satisfactory experiments
There annusly imported iato the United States
about two hundred thousand tons Of foreign COAL at
cost Of Yearly million Of dollars. Tho Cumberland
cosl particularly adapted to the purpose for which this
foreign ocal Is used and there Is reason why We
shouh import the first ton We have every variety Of
coal In this country and ine it and transport 1t
to tide water in quantities sufficient to meet any demand
for consumption shipment AL We want is capital;
and the Legislature OF Maryland will be doing in
valuable service to tho country at large by granting the
neCeary facilities to the incorporated mining
companies in that State to work advantsgeousy By
combination The Cumberland coal region should send
to market during the present year. 1852 .. least Ave
hundred thousand tons. That quantity will find de-
mand at fair prices and give great impetus to steam
navigation generally The Cunard steamers use this
coal their outward trips and the Collins steamers will
be forced to suffer Themselves TO be beaten in
speed on the great Atlantic course.
Tho total amount Of Virginia State stock issued from
the sat Of March, 1851 to the 9th Of February,
s257s $685. Of which ST. Geo. ot0 was sold at par, and
Ss48 COO st premium Of two per cent The amount OF
registered certificates transferable in person or by power
attorney sold almost without exception to citizens Of
yirginie was $63l,5S5. The contract with Seldom
Withers Co. Is for four millions The amount sold and
delivered to them up to the 9th Instant was $4,000
The further Of 50 GOO remains to be delivered at
such periods the Board of Public Works may require