The Washington union. [volume] (City of Washington [D.C.]) 1857-1859, 1857-05-16

Making sum total for ten years OFF, -3S, o,OOo
Enough to accomplish every end of State policy and the
highest destiny aim to achieve at the end OF
the ten years will have incurred debt new and old
OF fifty millions only at most and will have works
completed and profitable, to pay it off in less than half
the time OF the sinking fund.- with the aid of that fund
The State would then be more able to pay fifty millions
than it is to pay ten millions. And let it be renem
bered that, after expenditure of seventy millions for
public works besides her civil expenses in the past her
present debt is only about twenty-six millions with
hardly any income from the works themselves owing to
their inoompleon during all the time whilst the phed
works in the next ten years would be yielded at immense
income and the sinking fund would be operating all the
time The debt then probably at the end Of the
ten years would not be greater than il is Then we
could reduce taxation to cipher and only ten years Of
patient endurance of moderate burden will be compen
stated by full indemnity for all past sacrifices by perpetual
and permanent security against all future taxation and
BY AN impulse of progress and prosperity unparalleled
Virginia will have grown and developed in natural way
slowly and scldepcndent without adventurous aid with
out cnervating assistance, without forcing and like
erything thus maurcd, will be the mer and stronger
Her dominion then will be forever surely lasting and can
not be shaken. TO sense of all this her people are
awakening, with full consciousness Of what Is required
OF them to be done, of the magnitude of the task Of the
dcuoes to DO overcome and Of the proportionae value
OF the end to be accomplished her effect upon this
ton, and of this nations effect upon the world
10 come to some practical propositions for the present.
propose
ISL on say your company has steamers ready 10 put
on the chesapeake line ut Now il they will make
up cargo of French goods for one steamer and give
thirty days notice of the day of her arrival at Norfolk
there d no doubt that Virginia and North Carolina
chants VIII meet her there, and purchase her goods and
nave There for her return cargo of our produce Our
merchants need no appeal; they will only need timely
houee 70 meet cargo with cargo with fair import and
export prices II this once succeeds the French line to
ana IRON Norfolk and Havrc will be established
"a II 1t must have aid by contribution it will almost
DC sure to have mail under appropriation by
congress s the southern States will no longer vote for
appropriations to any northern line to carry European
mails, unless equal amounts are voted TO one or moro
southern lines. But il all this fails
81 u European capitalists will bring their funds 10
complete our kanawha canal ard CovinQton and Ohio
iaroad VIII recommend to the general assembly Of
Virginia TO guaranty stipulated interest of at least six
per cent and the entire redemption of the debt in thirty
lour years and AN appropriation from the State treasury
~ szooooo per annum TO aid in sustaining line oil
steamers OF sufficient class. Or
a'h Construct the works with your captal and take
uiem ior a stipulated period of time
10 ts, sir and our public works viii soon accumulate
sfpius pro'uce on the Chesapeake quays Of tommoca
sufent to sustain any class OF steamers without other
=" 'he amount will be so great that the question WIZ
no' whether load OF produce can be got for ship
put whether ships enough be got for the tonnage o.
produce And long before transverse line OF east and
west Improvement through the centre of the temperate
zone o. onr part Of the northern hemisphere shall have
reached the Pacific, II win be that yginias seventy