Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1854-11-11
REPORT.

pediont to recommend to the Convention the adop-
ton of some general principle which should in their
opinion guide the Legislature in lending its aid to
Railroads, or other works of Internal improvements
And your Committee, upon the suggestion OF the
Honorable gentleman from New Hanover, agreed
upon the following resolution with great unanimity.
Resolped That this Convention being deeply inn
pressed with the necessity State of North Car
DINA establishing some general principle which
should hereafter guide them in aordng aid to cor
poratons in the construction OF Railroads or other
works ofInternal improvements do recommend to the
Legislature to lend its aid by subscribing twothirds
of the capital stock necessary for the OF
such works alone as shall, in their opinion, tend
to deyelope the resources of our State and concen
trate the trade thereof upon some more points
upon our sea board or navigable waters within our
own borders when it is ascertained chat individuals
or Counties will subscribe the remaining sums re-
quired for such construction.
Your Committee then thought it necessary to
point out certain works of internal improvements
which would come within the scope of the aforesaid
resolution and in performing this duty they found
more difficulty than in the adoption of the principle
as it is usually much easier to establish a proper
covering principle, than to determine all the cases
that fall within it.
Your Committee had little or no difficulty in re-
commencing as falling within the principle thus
adopted, the construction of Railroad from Colds
borough uiG Kinston and Newbern to Beaufort har-
Dor; and likewise that from Salisbury by the best
and most practicable route to some point on the
Tennessee line proposed by the resolution referred
to your Committee, introduced by the gentleman
from Catawba
Your Committee then proceeded to the consdera-
ton of the resolution referred to Them introduced by
the gentleman from Onslow. Your Committee en-
tertained no doubt that the construction of this
line of Railroad would tend to the development Of
the of important section of the State
and the concentration of the trade thereof upon de-
srable points in own State but some OF your
ttee fearedthat it might likewise tend to injure or
diminish the value of the capital of the State and in
dividuals alrady invested in the N. Q. Railroad
A majority of your Committee being of a different
opinion however recommend the construction OF this
line of road.
There was then submitted to the consideration of
your Committee by the gentleman from Mecklen-
burg resolution for the construction OF line OF
Railroad from Wilmington or from some point on
the Wilmington and Manchester Railroad through
the town of Charlotte to the Tennessee line. (See
the fourth resolution below)
Some of your COMMITTEES entertained the opinion,
that although this line of road would undoubtedly
contribute the development of the resources Of
an interesting and important section of the State and
thus far come within the principle adopted; yet
portion of your committee entertained fears that the
construction of this line ofroad might endgreaty to
diminish the value of the capital State the already
invested in the n G. Rail Road and likewise divert
considerable portion of the trade from the estern
section of the State, from markets, and d.
rect it to the seaports in South Carolina and thus
violate the principle adopted by your Committee;
but majority of your Committee, being of opinion
that it would not have this effect, determined to
commend the construction of this line of road also.
Your Committee next proceeded to the consider
alton of resolution in the following words introduce
ed by the gentleman from Mecklenburg:
Resolped, That this Convention recommend to the
Legislature of North Carolina the passage of an act
the counties and corporate towns through
which, near to which said Rail Road may pass to
subscribe such sums may be regarded judicious
after the of the voters of said counties and
towns may have been taken in relation thereto.
The committee unanimously recommended the
adoption of this resolution.
Your Committee cannot hatter themselves that
their labors will meet the entire appreciation of the
Convention they can expect is that they may
may be used starting point in the business of
the Convention.
The question being upon the adoption of the reso.
lutions reported by the Committee.
The resolutions were adopted as follows unanim-
ously, viz:
Resozued, That this Convention, being deeply i'm
pressed with the necessity of the State of North
Cardinals establishing some general principle which
should guide them in affording aid to corporations
in the construction of Rail dads other works of
Internal Improvement, do recommend to the Legis-
lature to lend its aid by subscribing two-thirds of
the Capitol Stock necessary for the construction of
such works alone shall in their opinion tend to
deveope the resources of our State and to concen-
trate the trade thereof upon some more points
upon our sea-board or navigable waters within our
own borders aud when it is ascertained that ind
vduals counties will subscribe the remaining sum
required for such construction.
ResoLUed, That this Convention recommend to the
Legislature of North Carolina at its next session.
that twothirds of the Capital Stock necessary to
complete the Atlantic and North Carolina Rail
Road from Goldsberough to Beaufort Harbor, via
Knston and Newbern, and also the extension of the
North Carolina Central Rail Road West from Sails
bury to the Tennessee line be appropriated by the
State az soon as onethird of the capital necessary
for the construction of the shall be subscribed
by individuals and counties.
ResolUed, That it is expedient to construct a main
trunk line of Rail Road from the most eligible point
on Beaufort Harbor through Onslow via Kenans-
vile, Clinton and Fayetteville to Salisbury, and
thence West by the most practicable route to the
Tennessee lne-that said line is strictly great State
york. and that the Legislature be requested to ap
propriate twothrds of the amount of the cost
sary for the construction of such work.
RtsoIUed, That this Convention recommend to the
Legislature of North Carolina, the passage of an act
for the North Carolina, Tennessee & Ohio Rail
Road Company, to run from the town of Whining
ton from some point the Wilmington and
Manchester Rail Road, through the town of Char
lotte to the Tennessee line and that the State SUBJ
scribe twohrds of the stock necessary for the COM
pleton of this object so soon one-thrd shall be
by private stockholders.
ResoIUed, That this Convention recommend to
the Legislature of North Carolina, the passage of an
act authorizing the counties and corporate towns
through which, near to which said Rail Road may
pass, to subscribe such sums may be regarded
judicous, after the sense and said counties and
towns may have been taken in relation thereto.
On motion of Mr.. johnson of Mecklenburg,
ResolUed That the next Legislature of the State be
to make such further appropriation may
be necessary to insure the speedy completion of the
North Carolina Rail Road.
On motion of Mr.. McRae Of Cumberland,
u. II - r. j. L.