Staunton vindicator. (Staunton, Augusta County, Va.) 1858-1858, 1858-01-09

the confident calculation Of the projectors
and stockholders Of this work I think that
it's, undoubtedly, likely to be one Of our
most profitable Lines when completed: and
ITS Importance is immensely maguifed, when
viewed III connection with its functions to the
Cumberland gap as well as the lielnphis
lines. II is a work Ill progress, i waiting
for means, will be Immediately proi,ab BE,
the State is largely interested in it, it will
be hereafter Of the greatest importance as a
link Of a great national line, and recon-
mend an appropriation to il Of IL leas.
$3.50, goo
Indeed all the unfinished works, approach
ing nearest to completion, ought to lie aid
ed at once, and no appropriations ought to
be made to new until those unfinished works
are completed and profitable The present
monetary crisis ought not to deter the APP
preparations SO far as to seriously delay and
damage the works near completion. In less
than six months, it is hoped, the enlbar-
easements will cease in the money market !;
specie payments will be resumed the bus
mess Of the country will rebound into a
prosperous condition our credit will have
passed through the trial unscathed, our
bonds, if relieved as recommended, must
rise to par the banks generally will be
sounder than ever; there will b. more specie
in the country; transactions will be more
solid; public securities Of intrinsic and tried
value will be sought for investment; and
fba a
the sale Of state bonds or the negotiation Of
loans. ! therefore recommend appropria-
tons, amounting III the whole to two mill
ions five hundred thousand dollars, to BE-
apportioned among our unfinished works ac-
cording to their relative importance.
To the Coyington and @. road,
say, $500, 0oo
TO the road between Charlottas-
Vile and I4ynchburg, 80, GOO
To the Norfolk and Petersburg
road, 800 600
10 the York river rail road, 200, 600
To the clearing Of James and
Appomattox rivers, $50, O00
TO other works, as it may be
distributed, 200, GEO
S., 500 900
The Winchester and Potomac rail road
company desire a charter simply to extend
their road south from Winchester up the
Valley, so as to connect with strasburg or
other point, to give them through line
with other works. They ask for 10 sub
scriptfon Of appropriation, will build the e.
Tor
only charter. This it is but just and right
to grant them | hold it to III the duty OF
the e sislature to grant Incorporation ID any
proprietors who will construct public i'm
proyements at their own expense. The
principle Of competition is rather to be a.
dopted and cherished than to be repeIled by
sound policy. Every portion Of the people
ought te be allowed to improve their own
section with their own means, compete with
whom it may, carry trade wherever it may
It is too late in til, day to attempt to craulp
Development in any direction It may take.
When these works ate completed, we
may count certainly GA European conncc-
tons by steam, aud on al active foreign
commerce, and ultimately % large com
iHeIciai coNte " tiaite hG pFCScnt we
would but anticipate the effect Of our public
works upon internal trade, BY p. lying our
means to steam navigation with either
Enrope or South America And even af-
ter our public works are completed and have
piled up vast rabalum Of commerce On the
quays Of the Chesapeake time will have to
elapso before We have the commercial con-
nections formed, and the commercial men
trained, for a full foreign trade. we should
now concentrate all our means upon the de-
velopment Of our internal and back country
let US take works Of primary
Importance first, complete them, 50 that they
can realize a profit, and then We can, ii
regular and rapid succession, faish the
whole net work Of dependent lines. AMI
links, and cities, and shipping, and nier-
chants, with foreign connections and foreign
trade, must follow as the ncccs saly ALL nat
ural results.
The Stanton NiDdicata,r, Il seems has
undertaken to publish ali thu Messages Of
the Governor Of Virginia At tie last i /
vices it had finished with No / and com