Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1853-11-19

THE GREAT Pacific RAILROAD The following
account of the organization of the New York Conpa-
nv famous for the many millions it has discovered
in empty purses) is taken from the Herald of Sum
day. The list of Directors shows plainly enough
what sort Of capital the Company de ponds to
build the road 1t is list with few exceptions of
weather-beaten politicians of talent known to
the country, skilled in the curious ways OF getting
appropriation bills through Congress- and thoroughly
ndoctrinated in the arts of all arts-the art of hum
bug. We expect great things from this Company
1t will contrive to absorb about half the time of the
next session of Congress- and if it does not absorb
like proportion of the moneys in the Treasury, it will
be the fault of somebody besides the President and
Directors of the Company 1t is very interesting to
know, after all the 1ourishes about the complete
subscription of the capital stock, that the Company
have generously reserved considerable portions for
the citizens of other States who have yet had
opportunity to subscriber" Such benevoence, in
these hard times is truly reviving. Perhaps they
would even sell little, for reasonable premium.
But we submit the document: CHAR Her.
The ATLANTIC AND PACIF'c RAILROAD COMPANY.
This company, which chartered by the Legisla-
ture of New York at its last session, with ca r,tal
stock of one hundred Millions perfected its organiZa
tion in this city, during the past week At large
meeting of the stockholders, L. S. Chatfeld the At
torney General of this State, elected president;
F. NJ. Dimond, the present Governor of Rhode Is
land, vice president; w. w. Leland secretary; A.
G. Fagg the Comptroller Of this city, treasurer and
W. j. McAlpine now State Engineer and Surveyor,
of New York, engineer in chief The board of direc-
tors is composed OF anu men IN
fcrent parts of the Union-among them are Robert
j. Walker late Secretary of the Treasury Isaac f.
Holmes, of California, and long the representa-
tive of the Charleston District in Congress Phillip
F. Thomas late Governor of Maryland, and now Col
lector of Baltimore; Arson Jones, originally a New
England man, and President of Texas at the time of
annexation George Ashmun recently member of
Congress from Massachusetts,; Gen. Green, a mem
Der of the late Senate of California and formerly
representative in the Texan Congress, and general
in Its army of independence; I. Butler King, of
Georgia, well known throughout the Union; Lieuten-
ant Governor Church., Of this State; Caleb s. ood
hull, ex-Mayor of this city Major n. t. Green,
wealthy and leading railroad man of North Carolina
Col Moore a member of the Executive Council of
Maine, identified with the railroads of that State, Dr.
j. FOwlkes, large and enterprising capitalist of
Memphis VIM. Norris the well known engine man.
ufacturcr of Philadelphia; Alfred Gilmore member
of the last Congress from Pennsylvania Gen. Orvlle
Clark, of this State; Messrs Spctman and Wagner,
extensively identified with the railroads of Ohio
Gen. James Lucas of st. Louis, of the wealth.
est capitalists in the West; Edmund L. Bridge, an
influential railroad man Of New Jersey; Dr. Levi
Jones' extensively connected with railroad enIerpris-
es in Texas; Elk Chancellor Farnsworth, of Michi
gan Mr.. Underhill, leading member of the Aaba-
ma Senate; Col. Ward of Texas, largely connected
with the railroads of the Southwest
FAYETTEVILLE AND WESTERN PLANK Road. The
tolls on the Fayetteville and Western Plank Road
during the month of September last were 81, 0O4 81
For October, the tolls amountedto 2,39S 3D. This
result shows increase of more than S17OO over the
receipts for the corresponding months of the year
1852 and furnishes satisfactory evidence of the per-
manent prosperity of the work.
On that portion of the road west of Salem there
are two steam mills in operation, and about mile
and three fourths of plank have been laid down. AT
Salem an excellent bridge has been completed, and
the grading of the hill at that place is progressing
When finished, it will greatly improve the entrance
into that cnterprising town.
The branch plank road from the 50 mile post to
the Gulf on Deep River, has been completed; the
bridge at the Gulf has been put into excellent repair
and is now under toll. Near the point where the
Gulf road connects with the main stem we under
stand that company have it in contemplation to
erect steam mill, turpentine distilery, and
barrel manufactery,s
branch plank road diverging, from the main
stem of the F. & w. Road, near the II mile post,
and running in the direction of Haywood, is now
strongly agitated, and it is confidently believed that
the stock necessary to build it will be subscribed
without difficulty (See advertisement in another
column) Such road are informed, would pen
citrate country rich in the undvGoped resources OF
the pine forests.
On the whole, we think the condition and pros
poets of the F. & w. Plank Road are quite as favora-
BILE as its most sanguine friends could wish:
Fayetteville Caroliniaa