Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1853-08-31
NnRTH nARoIIINA RAIIRoAD.

: We invite attention to the communication pub
hshed below over the signature Of "a Stakeholder
The writer has had ample opportunities for acquiring
information to the subjects discussed and his sug
gestions deserve to. be seriously considered. We
have no doubt what he says is true. We concur
with him in the opinion that this is not the time to
locate the workshops to incur the expense
sary for Meir construction Let us have the road
the whole road-or at least the undoubted assurance
of it, not only from Goldsborough to this place and
from Charlotte to Greensborough, but from Greens
borough here before any further expenditure not in
dispensably necessary, is gone into These are oar
0aon opinions, and we have right to express them.
For the Standard
To the State Directors in the North Carolina Rail
Road.
has been announced that the Board of Directors
meet in Raleigh the latter part of this month"; for the
pose of deciding to the number and location of the work
and the State It may be that YOU have information to
the condition and of the Company that the pub
what best to be done The public certainly have very
little as to the past present or future prospects
ton of stockholders directors had been closed
have had full and detailed Of thing
had transpred within the past three years But shall
for that information which such document most assuredy
should have contained We indeed inormedSha the
mules and employed we no information
to the amount of these contracts what has been DONE
QOne-Wletler
ceeded fallen short of the estimates to have had
data to have estimated the probable cost of the work
We have the general estimate of the cost-three millions
hundred five thousand hundred and thirty three
estimate We told that 5000 tons of iron have been
purchased the contractors for the first section of the road
at the price of less than $40 the ton and that 1000 tons
have been contracted for to be used the western section
at $50 the tonic which is to be added the freight from
Charleston to Charlotte which will add some five six dol
lars to the cost But where the remainder of the iron for
the $50 miles of the road is to FROM what will likely
be the cost and where the to from, have
information. We learn that in the estimates the iron
put at $45 the ton and from the present price it will
exceed this by about fifty This certainly
rious ite and that attention. and great
embarrass the future operations of the Company There
be other items which will greatly exceed increase
the original estimates and it to this point that desire
to invite attention. If the public not informed
have right to be- and most respectfully submit
should be- before you lend your sanction to expenditure
not positively necessary to the completion of the road
According to the Engineers general estimate the shops
put down ut $40 but if the be that
to have three hopsone at each of the road
and at the cenre is likely to cost double that
But is it either wise prudent to incur this time
heavy expenditure Can lend sanction to
such whilst you thus in the dark the u
innate cost of the road and to how the deficiency be
made up? There in the City of Raleigh extensive
establishment owned by worthy individual prepared
execute ORDER and who doubtless would dispose of
his establishment if the Company in situation to pur
chase and at much less than they could erect such
But we think neither the time to es-
tablish locate these shops Let the road onet
how the thing to end other works contemplation
and the further Improvements will go before the
Legislature with but little prospects of favor if this road
should have heavy debt hanging it. or find it
to apply for aid to complete it. These statements
made in querulous spirit but to call public attention to
matter of Importance and about which
they not fully informed We have right then, to
ask of the representatives of the State investigate
the matter and not to decide too hastily what there
cason to be in hurry about and what might failure
A STOCKHOLDERS.