Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1858-06-23

sDJiiSy@SHe W0ua Dot Recommends sGNy increase OF I
debt for ans purpose. He even went % far IN his I
Dancy letter as to declare that no sane mans would
recommend would vote another dollar 1t the next
session Of the Legislature to the Western Extensions
But AZ the campaign progressed, And g Judge |
Ellis taking ground for the Fayetteville Goaldelds
Road and for the application of the four millions az
resdy pledged 10 the Western Extension, elaborated
his views and pressed the subject Of internal im-
provements home on Mr.. McRae that gentleman be-
gan to receive lights especially as he perceived
that he likely to lose votes both in the Cape
Fear country and in the West First, he spoke "a
good word" as the Observer informed u.s. for Fay
ettevle; then 4he cast about to wha. he could
propose for the Coalfieds Road, and At length he
hit upon what he no doubt considered an admirable
plan, that of transferring Railroad stock to aid in
this new work He proposed. and doubt still
proposes to transfer the State stock in the Raleigh
and CASTOR Road to aid in completing the Coal6eds
Road and that too when this stock is already
pledged to the Sinking Fund. This stock is now
yielding to the State about $2s, 900 per annum. and
Of course the dividends would 60 with the Stock or
at any rate the dividends would be lost to the Sink
ing Fund. Mr.. McRae therefore proposes not only
to appropriate all the State stock in the Raleigh and
Castor Road, but $2S 900 in cash per annuns and
yet Mr. McRae would not recommend another dollar
for internal improvements! In addition to this Mr..
McRae is greatly exercised the certainty Of the
States having to pay, in 1850 a few hundred thou
sand dollars of the principal Of her debt contracted
mainly by the votes of his Wing friends in former
years, on account of this very Raleigh and CASTOR
Railroad and now, when the proceeds of this Road
have been pledged to meet this debt, he would break
this pledge, and leave the debt far these pro-
cecds are concerned, to take of ITSELF What
sort of craftsmanship is thats Why did not the
gentleman march boldly up to the question of aid
ing the Coalfelds Road as Judge Ellis marched up
to its Why this hobbling, halfhanded aidP Why
not say to the Cumberland people, who are engaged
in this important State work, make your bonds gen.
tlemen, and We will give you State bonds in exchange
for them, running thirty years; or present your
subscription book to u.s. and we will subscribe two
thirds of your stock. That would be something
more than ~ good word for Fayetteville some
thing more than a transfer Of Railroad stock worth
sixty cents in the dollar.
Before dismissing this point, however, we desire
to call attention again to the fact that Mr. McRae,
though n8exiby opposed to any increase of the
State debt or any increase of the taxes nevertheless
proposes to add the sum of twenty eight thousand
dollars per annum to the taxes of the people, We
say he proposes to add this amount per annum; for
it is plain that If you divert or take away from the
State Treasury the twenty Eight thousand dollars now
paid by the Raleigh and Castor Road, this amount
will have to be made up by additional taxes on the
people.
Again, we learn that Mr. McRae, in bis speech at
Oxford, said that if elected Governor he would rec
ommend notifications of the charter of the Western
Extension, so as to allow the whole Road to be let
out at once and to apply the four millions already
appropriated. This is the ground occupied all along
by this paper, and for which, previous to the meet
ing of the Charlotte Convention we were SO severe
~ censured by Mr. McRae in his speeches in the
Eastern Counties But it seems the gentleman is
now on this ground himself Truth is mighty, and
will prevail. As the gentleman goes West he mods-
6es his views, and is ready to modify the Western
Extension charter. We shall not be surprised If,
by the time he reaches Ashevile he is as strongly
in favor of "boring the mountains" as Gen. Dock.
cry was.
Judge Ellis, we learn, asked Mr.. McRae at Oxford
if it possible that after expanding four millions
along the entire route of the Western Extension, he
would leave the work unfinished and to 90 to decay
merely for the want Of small appropriation to COM
plete it? Mr.. McRae made ans,oer: Who ought
to be called upon to "write down his opinions
on internal improvements? What will Mr. Syme
say to this? His lamentations have been long and
loud this proposed application of the four mil.
lions to the Western Extension; what will he say
now, when his own candidate takes ground for it,
and, by his silence, admits that if the four millions
will not finish the work. he will recommend an ad.
ditional appropriation? And what about the Swan
anoa gap, Mr.. Symee What about it, Mr.. McRae?
Are we to work with the four millions on both sides
of the mountains, leaving the tunnel untouched
And if So of what use vii! the works on the two
sides be. with the Swananoa range betweene Where
are you, gentlemen, and how are your Do you feel
better worse, depressed elated under the cir
cumstancesf What think ye of the little matter Of
twelve hundred thousand dollars, over and above the
four Millions for the purpose Of making the unnell
You are pledged-it is your own committal-you
cannot reasonable and sensible men, go to soork
along the entire tne Nth the four millions ithout
going to soorE on the tunneL And yet you talk
about high taxes and State debit
But perhaps Mr.. McRae depends upon tho lands
to make the tunnel. Let him so tell the Western
people, and they illiaugh at him They have heard
that song until they tired of it It is humbug,
and no people know the fact better than they do.
1t is not only humbug, but proposition in dis.
guise to increase their taxes; and the plain farmers
of the mountains know quite rs much about these
| things as Mr. McRae does.
We trust shall hear no more from Mr.. McRae
and the Register about high taxes, especially they
are in favor Of increase Of taxes. It is all right
in them, but oil wrong in the Democrats. Let us
wait and see what Mr.. McRae will say as be goes