Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1857-05-08

What Virginia rail road, completed 10! a'S
Of time is it. that does not pay given
| The cid Petersburg raj, Toac, oefore ~ cant
AVA by the State. paid invariably seven Pc Pc, road
| The Richmond, fredericksburg ard fo,oH,"n .ving
| nays seven per cent TIE Central Ioau 10. 70 Ths
more than six per cent on tts cost 10 uronhesed
| Richmond and Danve road II was P.up ssk cd
| would never pay ons per cent? anu We .,rsysl
where the tr6vai was to come 'front.' ana ye' "reh
ers came in very large crowds, anu lie ~ ~, ora
not twelve months finished, is nearly nuu anG
| M to seven per cent The South-Sioe, oa in
Alexandria, and Manassas Cap are IN" n ali their
snx;,;srv cnnns,ions will doubtless net seven Per
| cent. roseoe raj, rosd
and Covington and Ohio, who eau o'
IT, I'll Sarrn era long, when the Lynchburg
and Gordonsve connection ehali nave 9 1, ae
par; Of continuous line OF railway n s 49, go
Memphis, and is to become, ooth ':L ,e.;o 80
trade one Of the first ihor'uen ,hs, ,bs grand inn.
who will venture the prediction una. .n.s X, aIu VIZ
| nrovament--tbis most honorable movement OF VIZ
| pipa's ep,erprise-wl not give PACK 10 'ne "'"'o
| s,yen oer cent on her investment III u =,
| And the Coyington and Ohio road, presenting tue
sbor,ast transit between the waters OF Inc ocean ah
the flhio with Tia low grades. favorable curves aha
| climate II furnishes far the easiest railway aPproaei'
10 the great Wes; it forms snort Po,'ase a
| the nayirable waters vi the ONO ana Tue 'aua no
y;os,on NJ the State and thus affords tne chehpesl
t,sn.it h.twe.n the West and the Atlantic sea0oard;
| il has. iucomparaby. the advantage, ID every re-
snsct over the Baltimore and Ohio Rail Road which
srn, TIA eighteen thousand per day. and lie sl1 mil
lions year; it promises 10 ne, mus. oe IN, .i ir
MI ina jsnd-who bat the madpsn will undertake 10
nav that this great work will not return to the reasu-
| ~ at least per cent? - r,
extended TO COvingon, and win me CoVinSlon anu
| Ohio Rail Road as it's feeder, bound by resstless
ows 10 lake the heavy trade of at least one hail OF
th. Ohju Valley in preference TO any and all other
lines Of ransit between the East and the West, and
resembling in many respects the great Erie Cahai
which pours into tho treasury Of the Empire Stole
.hr.. millions of dollars year. it is as clear as SUM-
shine that the whole seven or eight millions OF out
Law in it. will be ut made available tor jar more
than per cent.
provement, when completed, will net per cent; on
! tbe cost, and the moment this is done, they will nc
longer be source OF debt and taxation Inc inter-
| nal Improvement tax is at once taken OH. lruly
you may have to bear the present tai is" years
longer portion Of it until the works are al compIe
ted; but is better You should endure the present
tax few years longer, having it gradually reduced
and finally eItpguished, than TO make II, ny moi oom
peting Your improvements, pelpetual. ,,~o,,.
Aud the debt ex,Dguished We nave Inc improve
ments clear 10 dispense general wealth and comfort
| our neople. TO revive our commerce. to stimulate
manufactures and the mechanic arts TO deVeope ouI
imIn-asurabls mineral wealth, to help, oy oheapeneo
transport the great interest OF agriculture, 10 give
back TO the State her lost political power, and
| eventually, 70 make large net conlrlouuons 10 'ns
revenues of the State.
ifi, inc interest then of yourselves, and of every
tax payer in the State 10 have our public works COM
pleted From other source can we, repeat, hope
reduction Of our taxes, that only other resort
which We all abhor aud soorn-repudiation.
Nor is reduction Of your taxes the only pecuniary
| beueft you will renlizs from the completion. The
consummation of any through line of transit to the
Ohio river will as surely generate large commerce
for Virginia. and lead to the establishment OF steam
| communication betwe n Hampton Roads and Europe
az light follows day. This accomplished the value o
every foot OF land in your disrict will oe enhanced 10
price, while every article OF imported merchandise
you consume will come 10 you much cheaper ny tne
direct importation 10 our own ports
There 10 apprehension. know, that, TO hnsh oil
the public works, there must be yet large increase
of the taxes beyond the present rates. 10 complete
them ALL suppose there must be some increase but
it will be inconsderable and for short period for
the present tax bill, after deraying the ordinary
expenses of government, paying the interest on the
public debt, and dischargiDg the floating debt OF the
Commonwealth. will provide the means Tor going on
two millions year. IT, by the present rates OF taxa
ton we can accomplish this grand enterprise, there
will be no necessity for any material increase OF inc
taxes to finish The lesser works. This gratifying IN
formation derive from the Treasurer of the Com.
| monwesl,h, whose opinion is concurred in by the
First and Second Auditors, and the Secretary OF the
Board of Public Works and TO whose letter recently
published in the Richmond En7nirer) refer you.
The emphatic statement OF the h'cal Officers o. .ne
State will, trust calm apprehension throughout the
state of suy large addition to the pubic deot ana
the taxes on account Of the public works.
Such are nv rsWs Of this subject OF paramount
state Importance have laid them thus frankly be-
fore YOU because come have expressed TO me unea.
suess about the and The public debt, and asked
for explanation; and because desire there shall be-
no possible miSconception OF my position.
scarcely need add, that, as representative, car
act on no other views than those herein disclosed,
must vote for the finishing of orr improvements
which are IN progress. cannot consent TO throw
away the twenty millions We have invested IN our
canal and railroads, when feel an abiding CONF
deuce that they viii ultimately return their COSTS .ud
redeem Virginia from her provincial posltlon.
could not bo induced by mortal consideration TO cast
my vote agaiuet the extension of the Canal to Gov
iugon, or against the Covngton aud Ohio railroad.
could not thus stab the Commonwealth III her vitals
the last election, let me know it, and shall no long
er ask or desire your sutfrages
And an in favor of the total repeal OF the usury
laws. They do not suppress usury. Every oay gooo
paper goes of in the streets vi our cities al from 10
DER cent. month or more, while the country and VII.
age shaver shows his victim the less mercy for The
risk OF detection he incurs And while they do not
remedy the evil aimed at they bave the Dad elect OF
driving millions u cash capital from the State when
would otherwise find investment at home. II the
usury laws should not he repealed the .se OF inter
est should be raised. Money is every where in this
country worth more than per cent.
stand, under all circumstances and all hazards, by
the great principles of the Kansas Nebraska bill,
which abolishes the Missouri compromise line, and
allows the citizen Of any and every State to 90 with
any and every kind OF property into the coinmpn
territories 1t lie the CREST principle of State equality
for which, as your representative Enormously con
tended nea- lC years ago when opposed the W'lmot
proviso, and which have advocated from my coy.
that Erg
the highest judicial tribunal Of the land, cling The
closet to it.
am against all protective tarifs--'hat IL, against
all protection per Sc. would rase 10 more revenue
in any way than is necessary to carry on the Govern
| ment economically admns,ered. lpref-r Mr.. Hun:
,sr's tariff bill to Mr. Campbells.
/ am, very respectfully, your f.low.czen,
JOSEPH SEGAR.