Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1853-02-08

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s!s9 t!'eIr "h-nts5 20 i'Ae S'ocA ~ - :, ~ Vi
insist :cr, ~ r, ~, i.i !s !ac', 1921 sae "oe" :" ~
girl works canEo be GlSpY.td OF I" capitalists p"'es w
bell those works viii not be poh'able' anu %
works stand condemned oy ms own '1s'' u''''' .
swcT.d! ;,,.,,
Posing By all the rail- roads oil Inc cohhueiacF, sit'
No:! OF Virginia. the gentleman as fsectsu te - :.
-alc tie advantages Of The svsen-ihc Albany anu '
ton Road the E.cr Rnad and TIC Baltimore n'd o'' .
NrSEGAR here interrupted IN Say, he iau te!eflcu -, !"
Massachusetts Rail ROADS generally and NOT 10 Tue Ainih
and Eos,11 Rn-G exclusively supposed hy his !Ilsh
ron hIeessnnurs
,I. Goppe said ne was happy have tic tAIlnati1n
il er fed i.. necessity commenting specially IN IN.
wG ard enabled nrl d aGires himself Ia r"sd Of ha~s
i,-,t. u.I.fst AZ system: us IL which his ,n'rTna
ton was 2nrt hr inraf,si-rn. wh The opinion express
-, w. ,, - i,o, l,rr,,o The rail- roads Of thai ~ d,
3.ygt 1857 NH i,os usrurt.d i ilv 81 III CxGcUS
al ury,,. inn yirus :, i , ;, % about 9jS 0lU Obl
j. a1nc. iiyinl may r,-,ha3- T.. ,-a,a: ei abcu
| ). 100 010 or I.ss :h4n our par cent,
Tue people Of Massachusetts, aistr gG;Sh.d tvr "fi
~ c'Ds attention ale and public business. II Is
.ona PRESUME their oias nave been led
.,rn. 10 favorable will :,tcnt me construction U ~
,cs Of E;;rinia; yet the rail rogIs Of tIat State
icrrd as sys!en yield only 3E per cent whilst
ARE wholly unuroiurve as pccuniary investment. Th
has Occurred in county cmineny CONNIE rcal end manu-
f,cturinr suoop rV population Of TT 10 the SQUARE mile
vel Small cacuu:d shall w.: derive from this
10 prosecute such enterprise. in Virginia, agricultural
co,arouoy with on!y 3 10 the sqrcIr nc Sne ,rt o
-Er are slaves aot oil whom cchPsfaEy.y little
! 9 i. ctad - habits a travel
me s;tsnan passes ths FIJI: T"ad az me brightest
cXau:! ii railway enterprises IN al reasoning, from es
ps '-Grr il i. 81 The utmost Importance 10 estimate az az
:ma ,: circumstances In such ca!riiaohs ~ : a. !.
oHtt nliIl frcts The E;!e Kali Rh3a hnu In Cum -
Ihu Ais tic with u" Ltics Connecting ~ 'nc i- "
tie commercial emporium .; the country; !y P""e
n1r.a7 tad Finding lUeii western rHTnln a. b1iiil9
on Re Lakes, they p.fn cnnnrAnn vita me ht''In
ua- ~ INC agt!c& hf;l productions anu c"ilhetci W"
in"dtrs Oh those holndcss regions. Sir Ihceoin VI ma
vast country dependant on lie Ls"es Tor me transPos1o
OF all the productions OF lana aai labor and a" tnr uhnh
pefeh Dpefuuohs OF ttdr onnd no other aEenue no Dll
chan .iLl commercial world. han
through ths Eric Canal Rail Road These great works
enc! advantages which can never he secured 10
ir commerce. of vast empire e,'!eItn ia it"aS @
.uni i'tt arrested by Niagara 10 i'E F'tss ~ VIC
Niagara that ininoTaoe oo=Iacie-Pi'n'ed U! "e p "
"Ia--nn sSetiistinR wonder OF me "ol'a. ,r
Even II Niagara were t0dqacrrh- commerce e'ut u"
ioiaed chlntel around The falls III Hrahu tana' men
not PROJECTED would have penetrated ofriSh no' oe
tile cuu'ry and encountered obstacle yet more iornaa-
BIC IN the navigation laws of Great Britain, with thsis un'
friendly Determinations o:twcc. BRUSH ard American pro.
ia nns ar! E!i;, American bottoms. Sit under a
.o 6" 81 cn"'.nycs. me coune.tn. works nom n'c
Wv ~" ~" 9agei I" Ovc"n" successful me! 1'T
taiilhe!:. 81 America. ,
"A b:@a4s" Of 'h1lf Success our Statesmen I'sisniy
cnC-i tea: .ni,4 -urccSS Ill! ." attained ny any can T.
% ::' ' f'a r<tr"rit! ty "'cir a. any t's'. - " =
M T.: NOR "i-c Ia '" cnciusinns tom The !csh- ~
all 'c rIi iOI'5 Of c@ i1rE considered co.srGi't.'
which, I" Ihc 31n 5up'em" 1881, rni cost sI3 1UugJr
yledins trrcHi 81 :: ca 0U6 fraction above fro
per Oi twenty rail roads reported 10 tie egss
tue d. carei lIen at all! u Gsh stretching over
~. 100 ilcs an4 slrnrr =, COS. Of $50 GEO. 600
The gentleman referred 10 the Baltimore and Ohio Raj!
Rul have uui; 10 remark ee ard that as yet exPe
u.n! Il can scarce be sal Ia haze reached e Western
terminus ,,nI II n,v h,vo mad. f.yy p. Ia Wheeling
Heaven eIaa, It's uccs NAV be rs brilliant as lis most ar.
don: !rirf4. can hone
sir Speaker tiuE il has been shown there is nothing
in the experience Of Eur,uisn railways nor in those of
America north III vruini9. nnhioo in lie examples adj.
ducrI ~ ne yo..s 81 Loans T., n.i;fv the upiror Tia,
nc a,ss a. y,,,nII vii n",,ca -, 3yr,aye ,rnf of s
mr. .r, on e r;;,I II 80 - fail in This the pslu l:c
n, ny friend j,n uru !. r, me ,rn
cd and ycIlh,uwn;ha viii frir b. no erected on TIA.
form. .tlpn.
Thus have examine Inc .ry.ral poS!,aa Of the gen
t,G.n tr.n PETERSBURG and ,nn.u ,.y constitute an ia
t,. G,anjiriun On ..trL IA rc. rr:sprc If finance
80 dan. ,.,Ta n. yi,iu.ii,l calculation TN. his fIs
yrog.ct VIII r.ul, in -. ,iu,i lss =, h. loumea,it -"
39 776 even cyure!icy , bnnts ~ The art MAJ to lis
rase OF =. II per cent ,Inirn AIS second il like
lh - st. the i.In: lnr tn,t ne assumes the 5onds may
be sol! AT l. per CcE, Even il ia, stall be realized,
shown the State eucouutrr loss OF s95574 10
If he S,h. in The exercise nj power shli throw these
Iosg.a IN the cooani,s st! n, curporaior che would
b.o Iwo.,tirs o, The Ioss heinz in TIC first instance
1921 06j; a.t !; HE aecouJ s5S GOA Ca allowing hin in
both Instance The eorsl nj The most favorable clrcu!.
stance. of ss.srIn. INC premium which, he nssunrs
Wnaira confidence IN the projects wh.rh have eS,min.
- the n;c,usn suggested tnirt-acing simply ~ dis.
no ~ M c.o ST., tor, M p,r-rhe proceeds l., b.,
Companies al per cent That il, r4 rr
.r co.npani., to pay ii. annual interest ani furnish in
ditinu SINKING iunt of per cent which will extinsuieh
la ,e5 in about years ii deemed better
H. Loan al per cent exiting gushing The Gra in ihly 0u
years.
u th. lass reply the iUro- Tor aiut"pfia
,n whi. di>.. yp4r le.isla,s may Shlh, the
ruuti.nc, capitalists that YOU may able 10 ncgJ
i!ar es bonds at par NEAL. Il you ,Gr-
reed the safe -! Inc nuads, tie COMPANIES may not q
abb 49, the annual interest and furnish .he rtqns'E
King fund; meeting HE G%?russ of the general
tJ.in=rat and declaring dividend a per cent 90
tho capt! stJGG. al cssen'i" {" rcp.rr t!t
!-uty .'pin lus, ani al "l:c! have already ar-et
Bar sir; MS ihrd suggest q. the gentleman ifDh -
t.rSaurr. stands OBNOXIOUS anGihet criticism. Is pal
rsnir y!!a,n l,r against usurv w.!Sh huugn IT'D
State ma, enforce ~ lie exercise c aoyercign power VIII
Il ia1 cor 'emnrd by he :nf sense Uf the people
wyu ab,nin relief AGAINST the operation Of such
mud the moral sens. ol the gentleman from Pc
tr sbur- %Oua cnrsiuy p-or, him aid tie companies
n rrucuri.J such Ts I can ne.cr happen in hc hi-tD.
20 IT VIRGINIA. INT 81, raa become broker ana money
u.i, crov::r. usu;.u.s interest from her ciliZns
H.. o., D,InIu1 lie hir:l plac, the grave Gcrrg,
N,.n,rton g ii nrYrr bnrY money II per r.u iotr
=, ,r tv. rt;y y. ~ cr c.n-h.r o,.4. las fyrhir4
rr uv citizen. 10 :,sa!y, ~: Ter any circumstances
II. :. E .l,..
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. a, ri.s :. Il 49, IT H. ay.. the vu!,,,,n .; s