Kanawha Valley star. [volume] (Charleston, Va. [W. Va.]) 1856-1861, 1858-02-09

.nulaved by. him, uhe the tsltlt 's' :
zners IS merely laying xpelses
anai Ii tic first year after the sal''l~iia
MI nrored. Pittsburg may be driven i ils
4 iii fl,e markets below The niousis, 4 sc
4 fsnaalas. and i trade Of tll5,; wiz &
|fbushsls of cod, WORT ha # sic will
I5IIars. and iacyEay Isl
n twenty i've. plstENr -TrME I'm wHIcn
isfai'l' WILL PAY THE cosr.
~ ~ estimate made BY Charles B.
Is ~ 1874 i hppears that fol- $500. i
900 the n sAaWha river can be So improv=
ed, As To furnish all the faeilities needed
for the shipment Of the heavy products Of
1.-THE Kanawha valley to market, but when
! the Cosington and Ohio Railroad has been
completed, additional expenditures would
be needed for the purpose Of making the
best Improvement Of which the river IS
susceptible.
4a We shall assume, however, that the
4 sulnlaecessary tobe raised at present IS
\ 300, 600, .z-.s.
The following we consider II fair .esti-
IL mate Of The revenue in the first year after
the riyer i. improved: U
Il Toll GA tQs09o,o0O bas. Of coal at 1 cent
per bushel, $4,000
1850, 900 & Of salt
At cent per bushel, ~, 500
on passengers and other ar
ticls$, = 500
Total revenue $4,000
II 9 per cent. interest on loan of
III I'll 100000 $4,000
II Balance fpr.repairs, &c and
sinking fund, $4,000
five estimate anE increase of 20 per
|. cent per anhHm OF the tollB, the debt
and interest viii be paid ofsin eight
years
HI INcREAsEfoF REVENUE TO THE STATE FROM
THE ENHANCEMENT IN THE.vALUE
or TIE LANDS
n The increased revenue whichIthe State
would derive from the enhancement in
the kalueH of the lands of the coal district
Of Eanawha, would alone justify the eon-8
s.ructionof the improvement at Estate ex j
pense. We have already stated that tie
coal field of Kanawha contains about6o0, =
600 acres, and which ten years ago was
assessed for taxation at not moro than
twenty five cents per acre. The assessed
s1yatde Of the whole district is now about
/ $3.50 per acre, or about S SOC, 900, an
increase pf 900 per cent. in ten years,
which ID attributable almost entirely to
/ the TACT of the proposed imprerement.oft
the Kanawfa riyer-for the lands have
] but little greater intrinsic value to-day
than enyears ago. When the Kanawha
/ river has been improved, and mining OPP
crationsfllly and successfully commeue-
4 cd, we entertain no doubt that re- assess
Iaent of tile entire coal district would
show an average value of !s25 perN acre,
i or a total valuation Of not less than SIS, &
\ DOC, 200, EinsteadIOf S SOC, 900, the pres
4 ent value. and that the annual rerenue. to
i he State from Die present rate pf taxation
would be $50. 1000. u
Ifthe Kanawha river had been impFov-
ed ten years since, it would not be nee
essary TIL appeal exclusively to the treas
Il ury of Clio State for meansIto construct
the Covihgton and Ohio Railroad sol
far at least rs the western section Of The
one bundled miles is concerned. the peo-
4 pie on Thu ltne,o the worl; would have
been enabled TO raise from their own re
sources, every dollar necessary for the
/ purpose. .5#,
4 In Hiew Of the facts herein presented,
i We cannot doubt that4you will cheerfully.a
and promptly pass. the law asked for, tie
IRE suit Of which will be that ii avery
i few yeaTs you will haverressored tp YOU
Il a work.y ieldiag ten-foldzthe annual tolls
which YOU ARD now asked to surrender,
AMI in. addition, you will receive from
taxes on the lands Of that district, more
than ten:fofd the amount xhieii the State
treasuary now receives.
Ed. Nv MORRIS, Of. Hanover.
ID WM.lDICKINsON, JR, OF Bedford.
#A TIL BROUN, Of Kanawha.
+ Prt r.. sErANDItIDGE, .of Virginia.
VEoInEpLr OyERDoNE. We pre-
suAe, says the ALBANY Argus, that
the .fi M ~ N 81 n, sfIly "a