The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1853-04-13
The Extension OF fhe n. Carolina
Rail- Read.

II will be seen from The following synopsis Of
the sci Of The last Legislature, charierins Two
companies cor the extension Of The North Caro-
lima Road, east and wesi. that The right is mol re-
served 70 The Sss,e 10 subscribe for lwo-ihirds Of
The road 10 Beaufort, IS we bad supposed. We
regret this. for many reasons. Ia the first place.
we believe that justice TO tha, section required
that the State should aid in the construction Of
the road to that amount; In the second place. we
believe The stock would have heen highly profit
able 10 The State; and thirdly, we believe large
portion Of The stock, in consequence o. this omis
sion. will be placed in The hands Of northern ca
piialis,s, and that the profits arising iherefrom
will 60 into their pockets, instead Of hcing kept
III home. But still more do we regret the omis-
sion, because the management Of the road. follow
ing the capital, win likely he placed under lhe
management Of northern nlen instead Of honh-
Csrolinians, and The interest Of the road will be
consulted, rather than The prosperity Of the Ieo-
pie Of the State. II must, therefore, he regarded
as great oversight IN the Legislature, IL mol The
result ofa nouow-minded policy, simply TO have
made an appropriation for survey, and then
leave The execution Of The work entirely TO capi.
ialis,s at home and abroad. The following is the
synopsis referred 10, which We copy from The
North Carolina Standard:
The charter Of The Atlantic and
North Carolina Railroad Company,
and The charter Of the North Caro-
lima and Western Railroad Company
are in one act. The act provides for a
road commencing al the most eligible
point on the harbor OF Beaufort, Carte.
ret county, and thence near Newbern,
Trenton, and kinston, SO as to strike the
Raleigh and Wilmington Rail Road at
its terminus near the town Of Goldsho-
rough" aud then fora road. conmcnc-
ing on the North Carolina Railroad at
or near the town Of Salisbury, thence
the most practical route across the
Blue Ridge to the tennessee line
the capital ol the first Company being
5000, goo, and that Of the latter IS .0G0,
900. The act provides further that
Towns, Counties, and Banks may sub
scribe to the Atlantic Road and also
that they may subscribe to the West
err Road, not more than 81 1000, COO,
the capital thereof being $4,000. GOO.
The Governor is authorized to make
the necessary arrangements with the
President aud directors of the North
Carolina Railroad. for urvey Of the
route from Goldshoruugh to Beaufort,
and the sum of 81 900 IS appropriated
Tor this purpose; and a survey is TO be
made Of the Western route, from Sails
bury across the Blue Ridge to the Zen
nessee line, and $4,000 arc appropri-
ated to defray the expenses. The State
reserves no right to subscribe to the
Atlantic Road. -
Mall D.pscsi;,tinns III North casali-
ma have become 20 frequent within The last tl,rcc
months as 10 be very serious matter; and The
Ileteciian Is rendered The more difficult because
o. The variety Of localities IN which they have oc-
cured. About two weeks since package was
mailed At the otliec IN this place, and direcledto
Milton, containing in small paper hox fine
gold wat,h-scal aud hey. Il " s'senthy The way.
Il Grrenshprelsh; hui bei,rc rcaraias il desfi
nation, as we lca,i. fim N niiric ii The Milton
Caionc'e, the b,x was broken oIca and the con-
ents ta'.e lot. tbs is hut one Of many in
,,inc,s asn' oaei 0. ,s, III .hl,h letters and