Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1855-03-07

the banks OF Deep Rverr Who cannot gu Up Upon
not distant future towns and villages S,rinr;. The
| as II by cnchantmentY See what coal h.. ehg up
other countries. What b as contrbuted ~ uo"e Tor
| the trade and commercial power of England, n TO
extensive .oal mines. What has addeu u,,ni, ter
Hons to Pennsyivanla's wealth? The SANE MI
During the agitation OF the tariff in lS4G NJ Iause
ington It was stated I'm the Senate) by Mir ca all
oil Pennsylvania, Ihat thirty years 400 caaI ercn
certainly unknown in this country TI' :; UUal Vas
gave employment to five millions of dar 1aot
nually, it kept i'll motion thousand SHIN "a an
hundred and fifty tons each, and aiforde,i W. one
iof inc training Of SIX thousand seanen who rar"
S3,GO0, COO yearly. 1t gave circulation 10 .," ea
.yty nt1tla0hs OF dollars, 1t kept in acvi,y ss
thousand minerS and sustanc,: mining ,,,I 1.eVu
OF $4,000 souls who annually CONSUMED nuwI ooa
TWO millions OF agricultural productions anI VI
than thrcc and half millions of dollars 1T ,,' nOc
disc. Z" ~ '''efchan-
Now, AIR. Speaker, although we Canine, ham,
realiZe this grand result ia day, or a wear W. "
have every reason to hope that the future t ~ VIC
the present is properly improved will pour fo,,a II
nei treasures OF wealth End prosperity, such asian
not been seen i'll the Old North State hcrctoor 1--we
III view OF these things ought We to hcsta,. " SUI
mcnt to afford the requisite aid TO CONFLICT. thu; NV
provemcnty Pennsylvania has constituent IN,
ho"sand Ninety eight mittS % canuLs md rnjIro,
to reach her anthracite coal AT a cost of mar, =, U'
torty-sir millions Of dolla,s Cana s,rnmra man
be offered of the Immense value of the roSI ,rI
ana YET we are about to bring to market coal "a
more valuable, and that viii command several i"
lars per ton more than the anthracite ~
But Mr.. Speaker, the resources of the Deem Pr
country are lot yet AL told" Accol ding To tt'
report of DIR. Charles r. jackson, that cmira an'
Geologlst, there is abundant supply Of the vor
nrest atDn ore on the banks of this river and IN H.
nelghoornood, and IN Immediate proximity to tho
coal, the finer portions of which, in his oI,uion ~
be used to great advantage in the furnaces in tt
manufacture OF iron. Iron masters Omen of erot
expcrence,) have visited this region with v,.t
an examination Of the ore, and have expressed tbn
opinion that it is very superior in quality and b
dant In quantity, and that 9ui7Vtu iron may h
manufactured there as cheapiy, and probably mora
SO, thah In any other portion of tile country
80 mulch Importance is attached to this iron and
inc great advantage afforded by its immediate con-
tISuiy to the coal, and other considerations mon.
toned by him, that Dr. Emmons, the abe S,s,,
Geoiog'St, made special communication TO the lat.
Executive OF the State, recommending or rather >pr
gestng the propricty and cxpedenry of estaLli,hI,
a National Armory on Deep r.ver and an effort has
been made by that distinguished and devoted NORTH
CarOlnian, (Mr. Badgcr,J 10 induce the tiovprn
neh Mt ashIngton to take steps 10 carry out thi,
Important suggestion, and learn from MIN that tb
SUBJECT Is before Il committee of the Senate In
this connection, Mr. Speaker the completion of thn
rahroad 10 Beaufort, and the proposed connection
OF the North Carolina railroad VITA these coal field,
VIII orlS this iron ami coal in reach of that nont
where 1t has been suggested by high authority the
Importance OF establishing a Navy Yard which if
'o'iS, VIC "oulu nave an arlnOrS Tor the
ure OF cannon at the point Of the railroad and
The ships at the other which in time of WAY youd
be of immense benefit
But this is not all. There are extensive beds of tbc
lnest soap stone on the very margin of Deep River,
which commands a fine price at the north and In.
already attracted the attention of capitaiis SIS tba
There Is, also, budng-stune OH the Deep RIVER
md the upper Cape Fear, almost at the VERY
Vaters e,ige of different varieties and of superior
eai'ty. nave the file t granite and almost boun
SffNvn
here is, also, as stated by Dr. Emmons larSr
uantlties OF working slate, and the city of Viii
linSton extends her borders" by the aid and fore.
lsht OF her enterprisns citizens these building ma
eria;s VIII be In great demand. Indeed | learn
ON an influential and energetic citizen of that
own that capitalist from the north came on some
me since ior the purpose of forming COMPANY
18th capital of $3.50, 900, for the purpose of get.
ny out TINS stone for building and other purposes
But, MIR. Speaker, there is one point of view thai
akes the development of these resources especial
the coal, OF peculiar Importance ] ailude sir
} its effects on the currency of the country.
we are now, sir, i'll the midst of Il severe pecuni-
y pressure, which Is doubly account of the
SPreciaton oil our bank pap Now this is brought
'out by the balance of trade being against US the fact
We buy more of the North than We sell we thus
come her debtor. Increase our expo t. bya..
ng millions las we certainly shall dol by sending
l vast quaint ties of our COAL and these with other
LOTIONS to our exports which the Legislature of
lis session Will promote, and the tide will turn and
zen we VIII save an annual tax upon our merchants
ia Ultimately upon our people, by putting an end
the heavy drain upon us in the shape of exchange.
nr imports of goods probably about $40, OO0
~ WORTH on winch we pay at least one per cent
Inc aii1erence OF exchange, which amounts to an
ehudS tor upon our people IF $2uO, 600 Whatev-
therefore, tends to stop th:s state of things not
~ ADDS thousands annually to our wealth. but ele.
tes The State III CO nmercial importance and will
inc END place her in that high position to which
u Is ehltied, and which a muniticent Providence
ems to have designed for her.
There is still another subject of much importance
connection with these valuable depostes of coal,
licn ! must not omit. 1t is known that the peO-
e OF W Ilmngton with their characteristic enter
Use some time past projected a communication by
cam with Havana, and it has not been as yet put
successful operation for the want of our coal. |
IS informed by an experienced sea captain tho
ner DAY that he had assurances in recent inter
wv win one OF the most experienced naut cal men
q ship builders in the country that as soon
is coal should reach Wilmington that he was then
ady TO unite with company in putting on line
steamers between these two points.
But there is still more Important scheme in con-
nPlation Postal Route between Washington
~ (r'd Wilmington and Havana) and San Fran.
co. ilt rs stated, upon what is deemed reliable
DIRTY, that the trip can be performed in less time
some hve days than by any other route and that
consequence Of the steamers having to pass alter
teiy through fresh and salt water, there will bel
eat saving IN wear and tear, as the constant con-
e with salt water corrodes the copper and iron
In Which steamers are fastened.
Having said thus much without by any means
naustlng my subject, but little remains for me 10
;w, ID, that oar improvement tciLt be profitable
IN the hrst place the naval stores timber lumber,
agricultural products will pay handsome dividends
'hout other AID but when to this We add the enOr-