Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1857-05-15
Making sum total for ten years of s3s.6s

Enough to accomplish every end of State policy and
the highest destiny aim to achieve. At the
end sf the ten years we will have incurred debt,
new and old. of 81 uiCns only AT most. and We will
have works, completed and profitable to pay 1t OH
in less than hall the time Of the sinking fund, with
tbs aid of that fund. The State would then be more
able TO pay 50 millions than it is NOW TO pay ten mil
lions And let il be remembered that after an expen-
dture Of 20 millions for public works besides her
civil expenses III the past her present debt lie only
about 70 millions, with hardly any income from the
orks themselves. owing to their incompleon during
all the time whilst the finished works in the ten
years would be yielding an immense income, and the
sinking fund would BIZ operating all the time. The
debt then probably at the end OF the ten years
would not De greater than il ID now. Then We could
reduce taxation To cypner, and only ten years of pa
tient endurance Of q moderate burden. will be com
pensated by full indemnity for all past sacr fees, by
perpetual and permanent security against all future
taxation and by impulse of progress and prosper
ty unparalleled Virginia will have grown and de
veloped in natural way, slowly aud elfdependent,
without adventurous aid, without enervafng assls.
lance without forcing, and like anything thus ma
tured, will be the tirmsr and stronger. Her dominion
then will be forever surely lasting and cannot be cha.
ken. TO sense of all this her people awaken
ing with full consciousness OF what is required OF
them 10 be DONE of the magnitude OF the task, OF the
difficulties to BIZ overcome, and OF the prQpOTtonsie
value Ut the end to be accomplished-of her ettec,
upon this nation and Of this nations effect upon the
world.
To come to some practical propositions for the pre-
sent, propose:
lst. You gay your company has steamers ready to
put on the Chesapeake line at once. Now, II they
will make up a cargo Of French goods for one steam
err and give thirty days notice of the day OF her ar
rival at Norfolk, there is doubt that Virginia and
North Carolina merchants will meet her there, and
purchase her goods, and have there for her return
cargo of our produce. Our merchants need no APP
peal they will only need timely notice to meet cargo
with cargo with fair import and export prices. II
this once eucceeds the French line 10 and from Nor.
folk and Havre will be established
2nd II it must have aid by contribution, it will al.
most be sure to have a mail contract under appro.
pris:jon by Congress-; for the Southern States will
longer for appropriations to any Northern line
to carry European mails, unless equal amounts are
voted to one more Southern lines But if all this
fails:
Bird. II European capitalists will bring their funds
TO COMPLETE our kauawha canal and Coviugton and
Ohio rail road, will recommend 10 the General As
s.nby of Virginia TO guarantees stipulated interest
of at least siI per cent. and the entire redemption OF
the debt in "a years and an appropriation from the
State treasury OF s2U0,OuO per annum to aid in sus-
tanning a line OF steamers Of sufficient class. Or,
4ih. Construct the works with your capital, and
take them for stipulated period of time.
DO this, sir. and our public works will soon accu .
mulate surplus produce on the Chesapeake quays of
without other aid; the at Will be great tina;
the question will be, whether load Of produce
can he got for ship Jut whether ships enough can
be got for the tonnage CT produce. And long before
a transverse line of east and west Improvement
through the centre Of the temperate OF part
Of the northern hemisphere shall have reached the
Pacific il will be that Virginias ~ millions OF
past and her 80 40 millions Of future expenditure
will have been but her mite 10 the ameors,on of the
world, and that it will not have been spent in vain.
Share with Us then this glory
We invite you to come with your c8pitali and to
convince you that you have profit as we'll as we a
development, is my only excuse for th. extended me-
moir, which shall be communicated to the General As
sembly Of Virginia at its next session.
hSve the honor to be- sir, with the deepest inter
est in the subject. and the highest respec! for you and
your glorious country, your humble servant,
HENRY A. WISE