Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1855-03-07
$4,000,
S4,l06,29O


amount of S4,lo6, 29C
$1O,IO6, 29C
To pay the So 1000 900 subscription on the part o.
the State in the first four years could be paid in the
issue o: State bonds payable in 30 years bearng an
interest of per cent, 100000 to be issued each
year To meet the payment of interest on the bonds
as they issued would require the following sums
In the first year, Soo,GoO
In the second. OO,ooO
In tn, third 5000
And the fourth $4,000
Total amount of interest. $500, 900
The finished portions of the road would pay the
interest after the 5th year.
II will be by reference to the revenue bill OF
this session. that it will be sufficient to meet the pay
nent of this and all other demands OH the Treasury
without any additional increase Of taxes.
On the completion of the main trunk of this road
it would be found that double track from the Ten
nessee river to the diverging point east OF the Blue
Ridge would become necessary. The stock IN that
road would at least be ut par, and the stocks oil ali
the improvements on the Atlantic slope connected
with it would be increased ill value at least % per
cent
Wilmington would command the West India trade
because for that trade her situation, when connected
with the west, would give her an advantage over
Beaufort and Notwithstanding the advantage of dis
lance and insurance in her favor In these respects
she would be ca Ial to Charleston with the advan-
tage that city of being free from the obstruc-
being on a direct line from Liverpool to Memphis
which will very probably in course of time, bc CON
ntcted with two great railway lines. l. Connecting
W tn Il branch of the Central Pacific road, which
will terminate at San Francisco on the Pacific. The
other dverging south from Memphis to Little Rock
on the Arkansas and thence through Texas, along
the sd deg. of north latitude north end OF the
Gulf of California, and thence on San Diego on the
Pacific-7O0 miles Of this line has already been pro-
vded for by the State of Texas.
The connection of Beaufort with the Mississippi
valley and with the lines of road to the Pacific would
place its line of transit between Europe and the est
which distant day would build up city at that
fine harbor. But Newbern would very probably do
the coasting trade that came over the North Caro-
lima road going east but Norfolk, both for freight
and travel coming the North Carolina road des-
tined for the eastern Cities having the advantage of
distance and one per cent insurance on freight must,
consequence of the tracks of the guagc, uni
ted in Raleigh, continue t. have the advantage i'll
both freight and travel that comes over the North
Carolina road, must necessarily be transferred to
Norfolk. And that port very probably at no distant
day will be connected with the city of New York by
an air line railroad well by steamboat line.
And when New Orleans shall be the point at which
travel, will concentrate to take steamers for the rail-
road across the lshmuS to the Pacific ocean, which
must be the Of travel for many years to come
the roads that able to furnish the shortest line
and to enable travellers to tine and money will
get the transportation only of the great through
travel. but also the transportation of the United
States mails. These would be sufficient to pay for
building the railroad west from Salisbury ndcpen-
dent OF freight, more especially where the ira vei
rom Beaufort and Wilmington was thrown upon the
same road. And ROAD having the transportation
Of travel and United States mails sufficient to
tain it-could transport freight at the lowest mini
price So per ton On all roads the profits to COM
1anes derived from travel as compared to freight Is
much greater on the former than the latter. Sup
pose the average weight of adult Travellers nclud
ng baggage to be 200 lbs, which is high estimate
It So 90 for each per hundred miles would he equal
Al
while the of transporting freight ought not to
ICED So 90 per ton ~hich would make difference
,er ton in favor of travel of $27 90.
CONCLUDED an cur nert)
SLAVERY AND COMMERCE. The whole commerce
# the world turns upon the product Of the Slave la
'or. What would commerce be without Cotton
uga-, Tobacco, Coffee, Rice and Naval Stores? AL
hesc are the products of slave labor 1t is settled
act that free labor cannot produce them in sufficient
uantity to supply the demands of mankind. 1t has
said that free aborer is equal to five slaves.
this be so, why has not free labor been employed
the production of the above staples? 1t has been !
tempted, and in every case in which it has been /
has failed. The world follows its interests
nd if free labor more valuable than slave, it !
Eould be employed at this moment in the United |
tatcs, Cuba, and Brazil which open to free labor.
md herein note the greater berality and sefreiant
trength of the slave over the free States. The far
Ter freely permits the Northern capitalists to come
with his free labor and compete with slave labor.
he latter pass laws prohibiting the Southern cap
alist from coming in with his slaves to compete with
Iorthern labor Their prohbitory laws are passed
ecausc they afraid of slave competition; where
s. the South in the face of the pretence which has
cen handed down from Wilberforce these times
hat white laborcr is equal in value five slaves
lrows her doors wide open and invites the free labor
walk in and try it's hand, and it dare not come.
7 hat would become of England, the arch agtator
abotionism, but for Cotton by manufacture of
hich she has waxed fat and strong while she curses
lie system by which it is produced. By the way, will ,
ome one inform us why the English conscience has
ever suffered as much from slavery in Brazil as in
lie United States Richmond Despatch.
If you would relish your food, labor for it if you
ould enjoy your raiment pay for it before you wear
if you would sleep soundly, take clear conscience
bed with you.
Couldn't you get young pork mann, to bake with
our beans said old Roger cynically, as he sat at
bile on Sunday.
They told me it was young, said the landady
Well, it may be SO but gray hairs is not juve-
'ntnped he, fishing up gray hair about a foot and
half long with his fork. He may have been
'nng but he must hare5lcd very wicked life to be
ay soon.' ~
AS he spoke he looked along tho table, and q
ght emotion was visible among ID, boarders: the
an who sat opposite with his mouth full of the ca
bes with which he had been endeavoring to smother
laugh grew dark with the effort, and then col
psed, scattering dslnay and crumbs amidst tho I
- ~J~kAA y re-