Delaware weekly Republican. [volume] (Wilmington, Del.) 1841-188?, 1857-01-08

Il III
mi an Ioaunot therefore too strongly Commend w
3 YOUR favorable confederation the coutinna1cel r
that policy which has been so auspielously ia Il
ugurated by the opening of the Delaware klis- J
cad. This important enterprise has been Gnu,
ucted with admirable economy, and on small !
took or eash capital. By means Of q oompera- :
lively slender loan Of the public credit, by ths {
nergy and good management Of its directors, !
md BY the substantial aid of another railroad
company with which tits connected, aud which
s entitled to this special notice for its liberal
hough sagacious policy IN making that com
mon, which might have become q conflicting lns
terest, this important public work has peeu put
into operation from its Northern to its southern
terminus. Its entire success, now supposel 10
be established, gives promise that it wl'l repay
all parties concerned and none more largely IMAM
the public. The President of the Company ~
forms me, that the business of this road, though
but lately opened aud as yet unsupplied with ne
cessary fixed accommodations, has already ex-
ceeded fifty thousand passengers, with freiseis
amounting to over three hundred aud nifty thou,
sand bushels Of grain, two hundred thousand
bushels of lime, and thirty thousand tons oil gene
raj merchandise and other articles.
To protect, complete and extend lhis gteat
public improvement, would seem now to be NOT
only the clear policy, but q demonstrated lat9f-
est Of the State. To make it thoroughfare, IN
which all parts Of the State may have common
| interest would seem now to be justified By ne
| practical results in the advancement OF pubic
| wealth. The sompletion Of snch asystem wouia
/ also place ours in the first rank OF tmproVeu
States, aud ultimately make 1t the medium Of
| communication between the North and the oJn'n
| noed not enlarge upon the national importance
Of on improvement which would naturally tnhd
| to alay sectional dIseord and jealousy by sp-
proximating the extremes of our GoutadeTacy ana
/ Strengthening their bonds Of commercial Utter
course and mutual interest For the completion
OF our part, the next and almost only remaining
step, is 10 extend this route to the Ocean, ut or
near Lewes, to be followed hereafter by union
with any peninsaar thoroughtars which may be
presented by our sister States at our southern
border. l have, therefore, 10 recommend to
your favorable notice, the propriety aud necrs.
sity Of aiding this extension by such measures
as your wisdom and liberality may devise. Ii
this connection, would also suggest that the at
tenton of Congress- be invited to the vast national
: importance of this work in a military well as
z | commercial point Of view aud to the expedi
sncy of the erection, by the General Government
o Of suitable pier from the shore, at the tetml-
u nus of this road, within the Breakwater haroor
By the construction of peir OF this point, as or
d essential portion of the Break-water improve
10 ment, and its connection with Philadelphia all
81 Baltimore by telegraph for the instant trants
s mission of commercial intelligence, aud by Iail
of way, for the rapid transit Of passengers ant
ID merchandise, in time Of peace, as also of troop
L. aud military stores in time Of war, the com
a. merce of those cities would be greatly promote
s foreign aud cosstwiso trade accelerated ana PRO
ali teoted, and the national defenoes matsriall
or strengthened
In the location Of such a road, it may not /
is advisable to anticipate the task of the engnte
d. or to PREJUDICE and predeternine its precise rou
nv from its junction of the Delaware R1iirOad, "
d. cannot forbear to suggest that, for the succe
,at and advantage of such u road, when made.
or well as for the benefit and accommodation Of I'll
IL public 1t ia very desirable that the error, whic
a. in the opinion of many, was committed in the i
,s cation Of some portions of the Delaware RailroG
IT. should, il possible, be avoided, ahude 10 Il
nv proprety Of consulting the convenience aud q
ci cOmodation of the towns situated in those Sc
to tons through which the road is to be coaStIuGt
o. Bridgeville and SeafOrd, on the western bOrd
,e- of Sussex, are Immediately upon the line of 4
rs road already made, while all the other toTns
Oh that section Of the county, are within from thr
"a to six miles of II. Their future growth and PFC
be perity will be the certain results Of the ad7a
Iii tages which it thus secures to them Ia the
cir cation of snotheF road through the moie cent?
The and eastern portions Of Kent and Sussex it wou
in; saSely, bs il JIM qgbbif m tnst II should
an SO projected as to aocomodats the trade and ira
nd ell TO and from Milford, Georgetown, Milton Al
a. Lewes, which, though among tho largest tow
soil in the two lower counties, are the least accom-
TO dated by the road now in operation, The TIA
the and travel of places Of such Importance could y
ore fail to contribute very materially to the 6usine
nd Of road so made with reference to them. II
,pe line Of policy has generally been pursued ia 1
rs location of railroads through the interior Of OF
in err States, and the increased business and succo
az. which have uniformly followed lis alOptio
,g should commend it to our sanction.
la obedience to the provisions Of thu Act VI I
MIA General Assembly, entitled can Ac. euucern
ITO the Delaware Railroad Company" passed at u
re- yer, February 70, 1856, have signed the bon
va Of this State amounting in the aggregate, 10
en sum OF one hundred and seventy thousand d
,ur lars, and have caused the same to be cUuatt
ul signed by the Secretary OF State, and sealed wi
out the Great Seal and have approved as requiT
The by said Act of the mortgage aud bonds ezeeu
IN | and deliver ed to the State Treasurer by the
os- aware Railroad Company for the henefI OF VII
ich the credit of the State was directed to be adv
md ced.
IL The growing scarcity Of money in this 81
,me notwithstanding the constantly increasing
an ply of the precious metals coming into the Gu
BEST try from Cehiorhla anu o'uer tou'o1e, 20
ter of surprise to all who are not familiar with
gu. rules by which trade is regulated aud Win
ome fact, that in many Of the Western and south
oes States, constant opportunities are ohered,ot =
out ing this great medium of exchange TO pFoht
mr. account in speculations which frequently res
mite double the amount invested. The existence of
hos facilities has the natural tendency to tempt ca
more list in the Atlantic States to make eTgn haztr
,le- loaAs, in the hope of securing the extteAs
liable miums of twelve, fifteen and sometimes 'Tl
m = five per cent. Some of the new States, for
n en-. purpose of vigorously prosecuting Their wori
lust internal improvement, have also thrown int'
n an market their bonds bearing interest M seyst
ms of eight per cent, and il some instances at
o de- higher rates than these; many Of be Older 5
npart too, allow of interest al seven, eight and
2 and ton per cent. Is it strange, therefore, tnu
canals vestments should be sought alter ia such 81
4 i'm aud Ia SUCH securities, rather than Ia
ne Of where six per cent only can be legally take
Unjust money loaned? Without obtrudug upon VOC
( the opinion of my own, leave to the discreet
in her this Legislature, to devise some plan by
IN APP this growing evil may be remediei
such The want of uniformity in the valuation Of
erty, under present mode of assessment,
80 -; matter Of general censure among the tax >p
- portion of our community complaint so u
ereoe sal would seem to merit your grave consider
use OF and the adoption of to prevent, in
espe- the odious irres ular tiles which now exist.
atween Too much cannot be said in relation to our
me has mon School system OF education. Althoayl
snkso loo