The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-05-11

Making sum total for ten years or SIS ESQ 900
enough 60 accomplish every end OF State policy aud the
highest destiny aim 10 achieve. AT the end of the
ten years We will have incurred debt new old OF
any millions only, al most, and will have works. com
pleed and profitable TO pay of In less than half tho
time sinking fund.- with the aid OF that fund The
State would then be able 10 pay ffy millions than
i $ now to pay ten millions And let IL be remembered
that after expenditure Of 20 millions for public works
besides her civil the past her present debt
only about 20 millions, with hardly any income from tho
works themselves owing 10 theb incompeton during all
the time. whilst the finished works the next ten years
would be yielding immen use income, and the sinking
fund would be operating all the Tune Tho debt, then,
more probably nj the end Of the years would not be
greater than Is now. Then could reduce taxation TO
CIPHER and only ten years OF patient endurance OF
moderate burtbcn will be compensated by full indemnity
for all sacrifices by perpetual and permanent
agans, all future taxation, and by impulse OF progress
aud prosperity unparalleled. Virginia will have grown
and developed natural way slowly ami self
without adycnttous aid without cnoryaiing assistance
without forcing, and Ike everything thus maurc will be
tho hrmcr and stronger. Her dominion then will be for
surely lasting, aud cannot be ehacn. To sense of
oil this her people are awakening with full conscious.
o, what required Of them DO DONE Of the maan-
tude Of the task OF the difficulties 10 be overcome ana VI
the proortonate value Of the end ~ be accompshedor
Der effect upon this nation, and this nations effect upon
the world.
To come to prastlcal proposition for the present,
propose
on the Chesapeake lro at once. Now, ir they viii
up cargo Of French goods FOR steamer, and give
thirty days notice Of the day OF her arrival Norfolk
there is doubt that Virginia and North Carolina mcr.
chants viii meet her thare and purchase her goods aud
have there for her return cargo OF produce.
merchants need no appeal. they will only need timely
notice 10 meet cargo with cargo, with fair import and
port prices II this one succeeds, the French line and
from Norfolk and Havrc will be established.
Second-lf II must have aid by contribution, IL will
almost be TO have mail contract under appropriation
by Congress- for the Southern States viii longer vote
for appropriations ~ any Northern line 10 carry European
mall, unless equal amounts voted To moro
southern lines But If all this fails
hird-If European capitalists will bring their funds TO
complete kana~aha canal and Covington and Ohio
ruad, will recommend 10 the General assembly Of Vir-
Rns 10 guarantee stipulated interest Of least six per
cont and the entire redemption Of the debt in % years
and appropriation from tue State Treasury Of 500
cient class. Or
foufth-Consruct the works with your capital and take
them for stipulated period Of time.
10 this, sir, and public works will accumulate
surplus produce the Chesapeake quays Of commerce.
sufficient 10 sustain any class OF steamers, without other
aid; the amounts viii be great that the
question will be not whether q load OF produce can
be got for ship, but whether ships enough he got
for the tonnage Of produce And long before transverse
line OF east and west Improvement through the centre
of the temperate zone OF part OF the north
err hemisphere shall have reached The Pacific, IL will be
ba NrRpias 20 900 of past and her 20 600 900
or $1,000 90 Of future expenditure viii have been but her
mite In the amcioration OF the world and that will nn
have been spent In vain Share with u.s. hcn this glory
We invite you 10 come with your capital and 70 con
vince you that you viii have q profit well de-
veorcmont, u my only for this extended memoir
which shall be communicated W the General Assembly Of
Virginia At ia next ~ sson
have the honor 10 be- sir with The deepest Interest In
the subject and the highest respect foe you your Ro
rious country, your humble servant,
HRNRY A. WISE