Spirit of the age. [volume] (Raleigh, N.C.) 1849-1865, 1853-02-23
Nfrua If tbR Dun.
North Carolina Items.


GREAT SPEcULATIoN.-We learn from a
gentleman just from the Coal region, that Spec
~uiations to the amount ofseyeral hundred thous-
and dollars have been entered into there within
the last ten or twelve days, and that the New
York firm which subscribed to The Rail Road
is largely interested in these operations. One
of their purchases, nc hear, was an interest of
one half in the Taylor lands, owned by Hon.
Esq, DIR. McCienahan, and others, fer $780,,
000.
We learn also, that [. J.. Haughton, ESQ
has sod the right 10 get coal on his lands for
$4,000 in cash, and 80 cents per ton for every
ton mined, with a condition that at least as
much shall be taken annually as to produce
him $4,000 a year for twenty years.
The n. Y. 6rm bought a Copper mire in
Guilford county a few days sgo. We have
heard an amusing land true account of the
bargaining for it The old gentleman who
owned it was asked what he would take? FIT
teen hundred dollars, he replied. Very well,
I'll take it, replied the applicant. We'll, |
don't think | can sell it for less than S2,L00.'
said the old gentleman. 'iiI give IL But
| believe | must have $4,000 'Ill give that
So the old gentleman went onuntil the parclia-
ser paused at $4,000, at which price the papers
were 9igned-the whole operation occupying
Jess than one hour. The next day another
company offered the old gentleman S7,0o0,
who concluded that he did not exactly know
what he was about when he sold at so low 1
price. Fay. O6s.
TIE CENTRE PLANK RoAD--Our friends IN
Richmond county WHO fear that the Centre
rold will be overlooked in consequence of the
excitement about the rail road, is we are hap.
py to say, mistaken. That work is in the hands
OF merchants and others here, who, for various
causes, are more interested in it than they are
in the rail road. They will not permit it to
anguish or f,il.
We are authorized to say, that the Directors
here have resolved that they will let out the
whole road 10 Albemarle, az soon as the note:
for the subscriptions in Richmond are received
bid.
~ We are gratifed to learn that the
Trustees of the University ofNorth Carolina
at their last annual meeting resolved to establish
in connection with the College, a School 70
the application of Science to Arts and for tia
purpose formed two new Professorships. on,
Of Civil Engineering and one Of Agriculture
t Chemistry, to be opened on the lst Of January
, 1854. The University Magazine states tina
the former ProfeSsorship is TO be filled by Nj
Charles Phillips. and the Latter by Mr.. B. S
I Hedrick.
MOVEMENTS OF THE PRESIDENT GeI
J, Pierce left Concord on the 18th for Boston
t Ills numerous friends took leave of him, br
: there was no public demonstration He reacl
I ed Washington on the 18th. avoiding all put
lie demonstrations on his route.
The Cabinet, it is stated, is definitely an
r. unchangeably formed, but is known only t
g those appointed.
The New York Herald, in its speculation
). in relation to the Cabinet, assigns Mr.. Dobbi
Of this State, to the Department of the Int
". rior.
BY the way, we see i: stated in some of ii
a papers North of US, on the authority of a tell
graphic despatch from this City, that Mr.. Do
h bin has been appointed Senator in place of NJ
Mangum. This is Il mistake. Gov. Reid,
t We stated in our last, has made no appointmel
of Senator to succeed Judge Mangam.