The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1853-05-18
CFNrRAL RAILROAD.

tb;s pyeuiss than by considering the dIRu-
,,,s,,s which a FAX Payer and Citizen" has
nlsced before the nabic in the columns of
This paper We Inns We can settle them in a
ve,y few words.
1ATax.psyer and Citizen" is both errone-
Gus and unjust in his objections TO a citv sub
sc,;n,ion 10 the stock of the Central Railroad
The civ is not in d,bt Sl.450,00o any more
than a man who has Invested $4,000 in a
farm and owns the arm, ia in debt $1,000
the si,4j0.00O, The city owns 5000, 900 Of
the James River Canal stock, and no reasona-
HE man Will say otherwise than that this work
is an annual benef, To the city Of at least $685.
600, which is the interest upon the 100000.
so that this is investment, and not debt
The city has $3.50, 600 worth of the stock Of
the Richmond and DanviIle Railroad. This is,
also, an investment, aud vastly better than any
per cent. stocks the city could possibly pro
cure, as all must know. The city has, also,
100000 worth OF stock in the Virginia and
Tennessee Railroad. Il work, when finished, to
be of great advantage to this city, as even
"Tax.Payer and Citizen" must acknowledge
She also owns the City Gas Works, upon
which has been expended $246,6l6 ~. This
is so universally known to be capital invest.
ment that we will say nothing more about it.
These several sums amount to Sll96 Gle AZ,
which, deducted rem the 81 100000, leaves
the city in actual dsjt 1858 1888 So. This is
the true Indebtedness Of the city of Richmond.
of some 81. 600 inhabitants IN more prospe.
Tous condition, perhaps, than any other city in
our Union.
Should the city pay 500 per share for stock
that can be purchased for $50 asks "Tax-
Payer and Citizen" AS mere abstract
question OF money investment, looking for 6
per cent. interest on'y, certainly 70. But why
this narrow, Liberal question Do the sums
paid for the City Water Works, for grading
and paving the streets, and for a thousand
other city improvements and comforts, pay 6,
or any per cent? Should these sums have,
therefore, been withheld for the principle is
1he same. CaI we arly separate direct from
indirect dividends in considering these works
OF improvement?
But, asks "rax Payer and Citizen" had
we not better, il We have the funds TO spare at
future Gay, appropriate this amount TO Sc.
cure a more direct road to Charlottesville p
Pray, will this be good per cent. paying in
yestment, aside from indirect advantages p
And if not, how can TAX Payer and Cit
zen" advocate it, when he objects to do the
like to the Central Rsjlfoad7
But, says this writer, the subscription now
asked for would be we'll enough, provided a
certain and remunerItng increase of the bust
ness of our city wou,d result from the money
now asked for. Such, however, he says. can
not be the case in this instance, unless all the
rules which govern trade are discarded. He
then proceeds 10 say thai the trade and travel
will go to Baltimore, or to Alexandria, and
hence, we suppose he means to say, We sh ,uId
do nothing. True, he says, the distances TO
these Cities are somewhat greater but the
curves and grades are infinitely superior to the
present route between Staunton and Rich
mond. And then, 10 give farther strength to
his position, he holds Fredericksburg no
TO us as -hear-ihat what is left of busis
ness after Baltimore and Alexandria have ia.
Ken their share, willru off to Fredericksburg.
Now the distance from Stanton TO BaIti.
more is double that from Stanton 10 Rich.
mond, and Baltimore is 200 miles from the
capes OF Virginia. through. which the line must
go and cone, lille Richmond is only l6O or
lI0 miles, from said capes. Can il be that IN
Gel such circumstances, Ajax Payer and Clu
ZEN wOud sIuisu fold arms and
look on And Alexandria, farther from Staun
ton than is Richmond, and farther from the
capes then is Richmond, is TO take the trade
from Richmond, aud therefore 1t Is useless toi
MS to go on with the Central Railroad! Aud
our kind uuobtrusive, ancient neig hbor, Fred
sricksburg. is made 10 expand herself into such
fearful nropor,ions, and 10 exhibit such com
mercial. energy and ambition, and 10 ofei
such facilities,-f ;an 4 good sized lighter get
M 10 her except upon the top OF the tide IL
that we in Richmond should be very careful
how we encourage The Central Railroad, tina,
10 10 have one end on The Ohio and the other
In the very heart al our city.
Let not our citlz =ns deceive themselves
This sum OF money is absolutely necessary
10 enable The company to reach Buffalo gap
III Richmond come not forward now. she will
lose the chance OF securing her share of this.
the nobiest trade On the Continent, perbaos
forever.
one saw her own benefit in voting for tina,
noble work, the Richmond and DanyiIIe Rail
road. Already u stream of gold is flowing
ifomls into her bosom. Let her not be blind tt
.he lesson derives from such experience. Tn,
Central Railroad is mag nfiicent scheme prom
ising the nohiest results. Let not time, b.
'oe' ny arellssi naw, for by The loss OF time
every thing may be lost. There are might,
antagonists around US ready to take adsan,ag.
OF every lapse we may make. The loss of ,
oay might give them an advantage which the
might use TO our annihilation.
ALLEsiTiaArE GHtAnRES.-rh. fol,aw;,,
scs mas been recently passed and aonrovsa !,
Massachusetts =
When, after tie hIssh of an ;,,a.;,;u.
child, his parents have tniermarr;ea or IN
intermars, and his iatt,er has acknowledss
or shall, after the tassrage, ackno~ LEDGE h;
as his child, such child shall be considered .
legitimate TO all iEtsgis and purposes.