The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1854-06-17
THE DAILY DISPATCH
SPIRIT or THE PRESS.

The EraMfNer lays before its readers an array o'
facts. for the purpose OF demonstrating that ran
road from Corinaton 10 the Ohio Valley 10 within
Tho capacity OF private enterprise Indeed, 1t taxes
the ground that Il isprvste enterprise or nothing
wifhthe Coylngton and Ohio railroad. and they VINO
e,unse resort to the State Treasury a. TIA sole hope
,r fvnds. only whine its funeral dirge. There v
hut one way of actually accomplishing any enter.
prise. and that begins and ends with the word try
ky way Of showing what has been done,
The Examiner states, that parallel to the
great central line Of completed public works
la Pennsylvania, (Which has been offered
for sale and the offer rejected by the only probable
purchssers,) private company has constructed
continuous line Of railroad, across western Penn
sylvania which has already made it one ofthe veal
thes' and most powerful corpora,ionsu the world,
50 that now Il subscribes haf-miions of dollars
at time to tributary roads in distant States; the
N. Y. Central Railroad was constructed by private
enterprise, whilst competing with the States Canal,
assistance of FIVE hundr ed and four miles. at a cost
OF $2i $40 4a4, and the estimated cost OF the Gov
ingtou road, o25 miles long, is So 500 900; the New
York and Erie Railroad AGA miles long, (altheugh
commenced as public enterprise but turned il
to the citizens after the State had sunk $300o
oe3 in il, was constructed by private enterprise
eusively, at cost Of s3l i0l so4; the Pennsylvania
Central Railroad, built and owned by the wealthy
private company already mentioned, is $50 miles
long, cost Sl3 100000, and earns $500 600 month;
the Baltimore and Ohio Railroad though the city
Is large stakeholder, is yet private enterprise in
the sense in which this Covington Railroad must be
the result of private enterprise. The Examiner
then alludes to re great advantages OF construc.
lion possessed by the Covington road over those
mentioned and says in the face of these facts that
should make the cheek of our old Commonwealth
blush with modification, there are false teachers
still proclaiming the impotency OF private enter
prise In Virginia to raise ten millions oil dollars and
to constructive hundred miles of railroad; though
at every step ofthe proposed roads progress every
important mineral used in the economy of society
salt, coal, iron, copper, manganese, gold, silver
lead, not to speak of timber by the square mile
will be penetrated, undermined and exhumed in
quantities sufficient to employ all the railroad trains
Of christendom for a century to come.
The Ihtg says when it gees that portion OF the
Northern press which has heretofore pursued
moderate and conservative course towards the
South, abandoning its national position and yield.
Ing to the impulses of q wild fanatcisua clouds be-
gin to spread darkly over the future and almost
shut out all hope of peaceable solution of the
vexed question of slavery. In illustration of its
theme the Wing introduces an extract from the N
Y. Go urer and Enquirer-a journal whose course
has hitherto been distinguished by fairness upon
sectional questions but the plague of fanatician,
seems at last, however, to have taken furious hold
OF it, and it now almost out-Herods the Abolition
elf m he IF Zee
and in its manifestations of bitter hostility to the
domestic institutions of the South The South, how
ever, has no reply to make. Its province is calmly
10 wait the issue of events. Upon the heads of the
fanatics and agtators Of the North will rest all the
consequences
The Enquirer devotes a leader to the recent de
cision OF Judge Smith, of the Supreme Court o.
Wisconsin, against the constitutionaly and validi
iy of the statute for the recapture offugve slaves
The most eminent legal names of the country are
recorded in favor of the fugitive slave law and the
Supreme Court of Massachusetts have given an
unanimous opinion to the same effect Il was (says
the Enquirer the remark of Mr.. Webster in his
Albany speech of 1851 that q" all judicial opinions
are in favor this law" "You cannot find man,
he proceeded, Z" in the profession in New York
whose income reaches thirty pounds year, who
will stake his professional reputation an opinion
against it." But Abolitionism has made notable
progress since Daniel Webster uttered these words
insomuch that even the Bench is infected by it:
spirit and submits to serve its reasonable purpo
ses. The Enquirer then proceeds to dissect the
objections of Judge Smith, and in conclusion pre-
sumes the reader will hardly deny that they ar,
contemptibly frivolous and insufficient
The Penny Post devotes considerable space to th.
details of the war in the East. mother article
treats upon the opinion of Judge smith-the re
nowned jurist-who has thrown all his weight into
me scale against the abest statesmen the country
has ever produced.
FROM NoRFoLK.-We are indebted to Purse,
SMITH, OF the steamship Roanoke, for copy of III,