Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1856-03-08

hAnd5 q sisted ID the from his COM
rlpnication % The eessiS viii ptoyes
ith ID its ailaines Ana squiI
The resdY respcnes 81 ia Gsaeral Assembly
The application Of the Company for ~ dtionals
INSCRIPTION Of million Of dollars, is re-
t{fd and al commentator. The eapis41 Stock ct
the Company is now 81, O00, 600 -the State 6s1ing
three millions and individuals one million.
To- For my views in regard to the organization
for. and the management and /" working" Of the
Railroad beg leave to refer you to the Regulations
and Instructions for the government of the Trans
poration Department and the Running Of trains, DC,
prepared by the Chief Engineer and adopted by
the Board Of Directors on the 2lst Of September
1854" and to my communications to the Board.
would earnestly recommend, as the result of my
observations for long period, that the Company
adopt low rate of speed for their passenger and
freight trains If there is any one proposition in
Railway enconomy, and there are, assure the
Board but few, clearly fully and practically demon
strated. it is the economy Of low speeds though
the precise difference between the cost of transpor.
tation due to different degrees of speed has not yet
been ascertaincd, it is usually estimated that the
and tear of the track and machinery is equal
to the squares of the speeds at which the trains
run. The depreciation, then, at 20 miles per hour,
would be four times greater than at 10 miles per
hour-that is, the wear and tear would be as to l.
The speed upon every Road should be adapted to
the amount of business. To the neglect OF this rule
on most of the Railroads of the country may be
cribcd the small nett earnings of many of them.
IL. Having due regard to the travel and freight
on the North Carolina Railroad and to the present
condition of the Road, it being new and the winter
season setting in-with every prospect of Indictment
weather, would recommend speed foi the pas
senger trains of Is miles, and of the freight trains
IL miles per hour which would require, allowing
for stoppages 164 hours for the of the mail train
through the line.
~. The Road has been opened from time to time,
reached the several stations its progress both
from the East and West. The receipts fully sustain
the expectations of its friends and verify their pre-
dictons in regard to its prospective income and
profits
ID. The Trolling Stock on the Road consists of
six passenger, eight freghts and two gravel locomo-
tives, seven passenger, four baggage eighty-fo
box, sixty-six platform, and twenty gravel cars.
Some additional locomotives and passenger Cars will
be required during the ensuing year. The locomo-
tives were all obtained from the celebrated works of
Messrs. Richard Norris & Son. The working parts
are all on the same pattern. The workmanship,
style and finish fully sustain the high reputation of
the builders. l would earnestly recommend no
change from the present plan of locomotives, with
the single exception of the link motion for the pas
senger locomotives, act of justice due to
the fidelity, integrity, and hberaty of Messrs Rich
ard Norris Son. as well as on account OF the inter
est feel in the of the Road, would advise
that all future orders be given to them 1t will be
the best and only means of ensuring similitude in
all parts of the machinery, which will result in a
great saving to the Company.
IA. From the advanced stage of the Road, pre-
sume and supposing you may also consider that
have complied with my engagements to the Com
pany, and may with propriety surrender the
work into your hands, l respectfully tender you my
resignation of the Office of Chief Engineer. In TAX
ing my leave, citizen of the State, and officer
of the Company. beg permission to tender my
thanks to the late and present Executive of the State
to your predecessors, yourselves and to the Stock
holders, for the many manifestations Of confidence
towards me, and to offer my good wishes for the
prosperity of the Company.
am, gentlemen, very respectfully,
your most 0bedient servant,
WALTER GWYNN,
Chief Engineer n. c. R. R.
Raleigh January 9Th 1856