Nashville daily patriot. [volume] (Nashville, Tenn.) 1855-1857, 1856-04-12
Memphis and CharIcston Railroad.

] l.
Memphis and Charleston Railroad.
A correspondent from Huntsville, Ala.
! furnishes us this morning with very inter-
estng letter in relation to the meeting in
that place, last Monday, of the Stockhold-
ers of the Memphis and Charleston Railroad
Company, the condition and prospects the
Road, and the banquet in honor oft COM
pletion to Stevenson, where it connects with
the Nashville and Chattanooga Railroad.
! We commend it to the perusal OF our read
ers
The connection of Nashville with HINTS
vile by railroad, is likely to prove highly
advantageous to both places. Our mer-
chants are already experiencing its benefits,
which will continue to increase and expand,
as the facilities of our markets become more
generally known in North Alabama. In a
few years, we doubt not, the trade between
Nashville and North Alabama, resulting
from the construction of this road, will be-
come a most important feature of our COM
merce. But we did not take up our pen to
discuss this subject. Hereafter we may re-
cur to it, with a view of impressing upon
our business men the necessity of shorten
ing the distance between the two places by
the construction of the Winchester and
Alabama Railroad.
The rapid progress which the Memphis
and Charleston Railroad is making towards
completion, and the solvent condition of
the Company, are in the highest degree
creditable From its inception, the affairs
of the road have been managed with unu-
sual skill, ability and prudence. The Com
pany have received no aid from the State of
Alabama-they have been thrown upon
the resources Of the people on the line Of
the road in that State, for the means of
constructing that portion of it, and the peo-
pie have responded periodically, sacrificing
present convenience for future good. The
example is without parallel. 1t is COM
Portable reflection to them, we suspect, that
this is the case They are making one Of
the best roads in the world, and II IS their
o1on 1t is expected that the link of 10
miles between TuScumba and PocahOntas,
will be completed in January next To
make this certain, $275,0O9 additional
means are necessary. The Company having
declined to accept the loan of $3.50, 600 from
the State, under the act of the last LegiS-
lature, propose to raise the money wanted
by the sale of their first mortgage bonds.
! As there can be no reasonable doubt of
the paying qualities of the enterprise when
completed, the investment Of capital in
these bonds will prove eventually a good
speculation, and it is probable that the
Company can sell them readily. This is
one of the results Of their good and thrifty
management. We may, therefore, take it
for granted that there will be no failure,
and that the road will be completed at or
hCdl CilC Ca pCCICu AlllCs huu CiCu OlJCuS
a new epoch in the history Of Memphis and
Huntsville. Both will be on a great high
way of travel from the Atlantic to the
growing West, and with fair prospect of
connection ultimately with the waters of
the Pacific. The future of both places is
rich with promise. Our only hope is, that
the reality may exceed the brightest anti
cipatiOns Of the good people Of each. If
Huntsville does not become great COM
mercal emporium, she will, at least, expe-
rience large increase of trade, and impor-
tant accessions to her population, invited
thither by her educational advantages, the
intelligence, refinement and high social char
acteristics of her citizens, the peasantness
and healthfulneSs of her climate, and the
beauty of her location and scenery. No
spot on the continent offers greater induce
ments in these important particulars, and it
were to question the good sense Of our race
to suppose that thousands will not avail
themselves of these advantages