Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1858-07-02
nea THE following letter has been received from Mr.

nes, The following letter has been received from Mr.
AsHE to whom letter addressed similar to that
sent to Messrs MOORE and BRYAN. Our readers will
be pleased to see that Mr.. AsHE accepts
WILMINGTON, July 3Oth, 1858.
GENTLEMEN Your letter of the 10th inst informing
of nv nomination as candidate for the State Senate has
remained unanswered for the that could not at an
earlier day positively determine whether could accept the
honor.
My private interest pleads against my acceptance
but the generous manner which the nomination made
taken with the important subjects which will
brought before the next Legislature, imposes its accep
lance duty.
thank you, gentlemen for the kind and friendly
which you communicated to the action of the COnven
ton.
Strict proprety would require me to say no more but
my official duties may prevent visiting the different pre-
cincts in the County before the election will this OPP
portunity to express my opinion On subjects public
interest.
The experience of twenty-five years. during which time
have been less engaged in political e has confirm
ed in my Democratic faith. will not assert that the
Democratic party has never, within that time, erred 1t
would have miracle if it had not but do say that
its errors any have been committed have resulted from
neglect of its State Rights principles.
Then gentlemen, you will perceive that if the action of
the Convention should be approved OF by the people of the
County, go to the Senate States Rights Democrat.
The next Legislature will have to elect two United States
Senator'S The present neumbents ov Reid and Hon. T.
L. Clingman have heard of no opposition to either of
them, and unless other brought forward who
have claims party they will receive my sup
port.
The subject of Internal Improvement will doubtless
ply much of the time and attention of the Legislature
Loving the State North Carolina with all of my heart,
may heretofore gone far in giving the aid of the
State the construction of works. calculated to develop
horCt
her wealth. but l am not sensible of the fact.
No one can feel repugnance than do to large
debt but by its creation the State has been placed
in improved condition, should not condemn it,
and the question considered by the Legislature is
will the enhancement the value of the property of the
State be with the OPERATIONS asked for
But affirmative answer to this question should not
always determine the proprey of appropriation for the
financial condition of the State may ntepose good and
satisfactory why the useful enterprises should
be temporarily suspended, if not renquished The third
resolution adopted by the Charlotte Convention contains the
right doctrine on this subject.
But although the Indebtedness of the State is very
heavy, satisfaction know that in general way, her
works of improvement making HANDSOME returns for her
OUTLAWS.
The Wilmington Weldon Rail Road Company, in which
the State $4,000 worth of stock annually pays
to school fund $28 O0O and her debt exn
gushed will increase that $40 600. The Whining
ton & Manchester Road WILL after this year, pay dividend
of per cent 5000 900 worth of stock which will be an
addition of $l4 900 to the fund.
The Raleigh and CASTOR Road is paying per cent
100000 worth of stock owned by the State in that Com
pany The present prosperous condition of this work war
rants opinion that this viii hereafter be considera
bly, increased.
State has also invested three millions of dollars in the
North Carolina Road This investment represented by the
enemies of that work good for nothing This great
Mo Road 10 Ordar
and it requires only good and economical management to
enable it to make good return to the stockholders.
! Ny opinion is that private company, of responsible
means may be easily formed which would lease the work
for twenty years. obgatng itself pay annual dividends
at least four per the capital stock End t. maintain
the Road in all respects in its present condition.
OF the State will be required during the connu
of the lease to refuse all connections calculated to in
jure the business Of the Road.
And this brings my mind reckless scheme which will
be urged upon the next Legislature, and which, acques.
in will Inevitably end in the bankruptcy every
ing Road in tile State efer to the extension of the Rich
mond and Danvle Road to Greensboroug This extension
for Railroad ton from Danvle to GreensbOrough will
turn out to be nothing else will indeed enrich the city
Richmond, and will enable the Virginia Road to pay its
stockholders twelve per cent dividends but it would also
be the ruin of every Atlantic city State and the
humiliation of the profits of all our Roads.
This suicidal scheme besides finding in Mr.. McRae, the
opposition candidate for Governor, eloquent advo
cate, has other able, shrewd, energetic friends, who
will leave stone unturned to obtain charter authorizing
IT'S construction But with all due respect persona
feelings, prom ounce Trojan scheme ulof false
promises and leading only to TAI.
Let the State ward off all such paracdica conaec Gns
and prophecy that her Golfers will in future find ricl
from the above Railroad Investments and her now
heavy debt will be acknowledged blessing instead of
curse.
In conclusion of this rather long letter. let you
and through you my friends that will be my constant
fort to make my acts the best acknowledgment the
great fayors rsceiysd at yonr hands,
With great respect,
Your OBJ servant,
w. S. ASHE.
To OWEN FENNELL and JOHN A. SANDERS Committee.