Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1853-02-11
Correspondence of the North Carolina g., :.
Branch Railroad to Milton. = "uard.
RICHMOND, January OFT

session. in the character of what is uspau now in
g lobby member" sent by the people y teearmed
and an alternate delegate Of the people IF Milton
vile to obtain branch of the Richmond iancey,
vile railroad, from point in the COUNT os Ian.
fax, Va, to the town of Milton distant abo. Hall
miles. There are also two delegates with OOut i've
for the purpose by portion of the ON: Sent
the County Of Halifax Va. Our purpose ;;sizenS Of
tain the passage of an act by the General as Oh,
of Virginia, increasing the capital stocl assembly
Richmond and Danviiie Rallroad Company ono ha The
dred and fifty thousand dollars, to enable tne hun
build branch railroad to Milton and for mem to
Of Virginia to take the same proportion Of I etate
(two-ffths,) that she has in the main roa stock,
found the Legislature in quite liberal moo %u We
time. and our prospects of success are s, az THIS
fattering. We have had a conference with me-
rectors of the road and on Tuesday morn;n. ne d,
the Committee on Roads and Navigation :, Wemet
doubtless report bill in orr favor as thu" VIII
chairman, Mr.. Lewis, appears to be decdedlr "GIe
vor of our scheme. "a:
Our own Legislature has done NOTHING for
ton of the State. although by nature and tbO Sec
CIV, industry and enterprise of her citizens ;e ene:
phatically the garden spot of North Carol;nn en-
politics you will readily admit we are opto and In
dox Virginia is likely to do sometime oroo O['Go
and while our natural outlets are to fbs "' lt
of that State, it is but right that we should hnafkes
facilities of reaching them and if we sell hne the
than we buy, as we doubtless d. we shall ro,r more
You are doubtless aware, although Won bor.
told your readers So that at the last nave not
Legislature an act was passed, (drawn mn VI our
self and presented by Mr.. Hill one of on! n.y.
scntatives.) authorizing the Richmond and n repre-
Railroad Company to build branch IF tbo n"n1ie
to the town of Milton and erect therein ,b nei hOad
~ Depot. Ware Houses, &c. Also to bave n nS
joy all of the corporate privileges and inn ~"u en-
of the Railroad Company of our own Stat 1T
town of Milton is also authorized to suhsc IL \lue
corporation for ten thousand dollars worth oe asa
Stock have with me certified cow If ~ 'ue
and have shown it to the Board of D;rac,on.. ns,
several of the members of the Legislature "a" "9u
we'll pleased with the spirit it evnces on fhoI "uV
of our State 1t was favorahly alluded to the p p'
day by the distinguished delegate of the tovn ~
Petersburg. and also by the Chairman Of tho I. VI
nal improvement Committee. "''''
Our own State ought, without hesitation 70 o,,.,
t the right of way for that road to connect VIII W
North Carolina Central Railroad, either at Cah" W.
or Greensborough. In the former we have ra1u
fine natural route. running the whole distance abos
f 50 miles, ridge and to the latter place o
very fine natural route through a delightful roo;
of country. dotted with beautiful farms and bn1
some country residences, and passing through fl.
fourshing village of Yanceyvlle, the county seat If
Caswe. Look to the map of the United States and
you will that from the city of Richmond in tLs
way that the Richmond and Danville railroad now
S runs via Charlotte Va, Milton, Greensborough and
Salisbury to the town of Charlotte, N is stra;ob
e line running through one of the finest and richest
countries in the Union and when the Connection \
formed, it doubtless will be at no distant day
e will make the Richmond and Danville and The
J North Carolina Central Road part of the great tho
: roughfare of the nation from North to South havu,
: on it stream of travel before unprecedented in this
. country. and quantity of freight unparalleled in
: the annals of railroad transportation, enhancing the
oofkl 49, Il - Iokl i,
y profits more than two-fold.
: These are no extravagant notions of mine | am
,. not man to indulge in extravagant opinions rn
II meddle with humbugs. Common sense, observation
and reason will sustain me in what say Let North
l. Carolina and Virginia, united in interests geOga
= cally indissolubly connected, and also now one
/: politics. pull together and then all will be well and
e both will prosper Let sectional jealOusies or
false notions of State pride and sovereignty prevent
union of interests and efforts in the great cause of
Of internal Improvement
:. have written you more than expected. You
is will probably hear from me again before leave
l. Richmond. Yours truly,
,e NATHANIEL j. PALMER
t. PROFITS OF THE AUSTRALIA ,1oLD MINEs.-Wese
7. it stated that the Adelaide Austraa) MningC Conf
) pany has declared dividend of 9l00 per cent
The latest advices from Lond' state that specns
ton continues active in the shares of all the Austria
u liam Land and Mining Companies. L'ndOn letter.
~ in the New York Commercial says The price oil
O. the Australian agricultural, which EDS are paid
IN is maintained at about G300. The number of hesI
r. shares is 10000, and therefore the recent rise
rice has been equal to a nominal addition OF aOMt
two mil ions and half sterling to the property III
I'd the public The fact Of the company being possess
O. ed Of 1000 900 acres of land of which at least one
ne third has been ascertained to be more or less aa
- ferrous, causes the recent advance to assume les
il speculative aspect than would otherwise be the case
Another concern, called the Great Nugget 'el
Company, recently started at Sydney, and OF TOlC
b. one third of tn shares have been distributed IN
London market, has experienced a remarkable
ception. The shares are FIR G2 each, and the P@
ton sent to London were issued at 81 5s prenI-.
~ that being the sole condition on which they "el
Of be offered They were all eagerly applied ol,
p firm by whom they were introduced beng very VI:
of spectacle one. and they are now quoted al ~ r.
he MUM, WHICH is equal TO $50 per cent; me UEr
Of the company is to work vein. of when inc! u%
procured lease, from which, at the time o. Ito
IL covery. solid lump of upwards OF hunufVu ""'
A. of gold was obtained.
31GS The luxury and magnfcence of the m lS."
~ Court of France is said to be on scale rnr
us anything known in modern times. ne h~f
sets the example-and all who surround mmh Ia
quired to follow suit To that end bODaP" and
40 appropriated 10 his use vast re'e mer. If
bestowing upon his ministers and the O~' TaL min
~ household the most extravagant prices ooO veal
les lister receives 10000 francs-or S26CoU 9 9
&C. besides perquisites, which amount to qu' Fnaer
vi more. Each Grand Chamberlain, Graau s e. 100
w. Grand Huntsman &C., has attached to his UIv
oo 600 francs-and others in the same oPoanolate
some, multitude of different Offices IS acCuD
~ Take for example, NJ de st. Arnauu Wv
~ creatures. His receipts as follows ooo francs
81 AS Minister of War; l5OV0o
- AS Grand Equerry, lo oV9O
- AS Marshal of France, 4O0 O0O
0'' AS Senator, ooV'o
100000 ID
Louis Bonaparte and his set have known raass ibs
of poverty and they are determined to at ;th