Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1859-01-12
THE NORTH oARoInA srANpARp NEDNEsDAY I; JANUARY


ho-, III. vo,a ~. 49,, .h.a,,. ..u
believe thereors every lust nan vii hink ser you pab
lie declaration, hat il the Senaie-to tie people
yea the Stale whose interest yoo ere bound to
-. . os.na que 70 common justice 70 the sdminlsa
ficstioa nv ch.rors vor have - is ~ sT.y ~ 4.
this Important State work. =. =
am, respectfully, &C.. r.
CHAs. f. FISHER, Prest
Mr. Ramsay complained Of Mr.. Fishers sending
this communicaton to the nress without f;rst az.
ouainting him Of the grievance He discla;med All r.
tention Of rejecting personally on anv one ne had
been correctly reported in the STANDARD as making
his statement of matters connected with the man.
agement as arising from " the nature of the casen
But he would reserve any remarks on the letter till
he had had an opportunity Of perusng it h
Mr.. Turner considered that all our public works
in which the State was interested had been msera-
bly, managed He would assert this. and he didnot
care where it went or whom il offended Mr. T.
attacked the general management of the N c. road
borrowing money in New York. at per cent
and the cost of exchange, and from our own banks
at 60 and 90 DAVIS for which had been paid 1911 and
Is per cent-and all this to nav high salaries, to
build houses and hotels in violation Of the charter
of the company And here Mr.. Turner took crack
at the democratic party generally. and certain Dor
tons of it particularly He denied that politicians
thew did not oct mn early enonoh IN the morninp
And he took occasion to ran Mr. Ashe and his vii
mington road but at the same time contrasted the
economy of this latter road with the absence of econ
omv in the n. G road
Mr. Worth explained that he had drawn I'D the
resolution presented by Mr. Steele and had reaues-
ted that gentleman to present it to avoid nartv bias
He thought it due to Mr. S. to make this statement,
The question then was taken upon the motion to
s,.la a. Il, I
follows:
For postpoainq. -Messrs. Ashe. Battle. Bedsoe.
Brown. Cunningham. Davidson. billiard Edney'
Houston Humphrey. Lane. Landlord Martin, Nc,
Dowell. McKoy. pitcbford Speieht Steele TAYLOR
and WhitakerE2O.
Against observation-disclosures. Blount. Boyd. Cow
per. Davis Doutbitt. Flanner Gilmore. Gorrei Guy-
ther, Leach, Mcdonald, Miller. Mills Ramsay. Rein
hardt, Straughan. Turner. Walkup and Worth-l9
So the bill was indefinitely POSTPONED.
THE coALrIEips BILL.
The next suecial order was the bill to aid in the
construction and eouipment of the Coalfies railroad
the question being on it's second reading
The substitute Of the committed was adontcd
The question now required on the bin as amended
Mr.. Rleisoe offered an amendment
Rnied ont Of ORDER
Mr. Rledsoe moved tn reconsider the vote ., tho
substitute ADOPTED VIZ
Mr.. Blcdsoe now offered the fol,ouno.r,, ,d,non+
tn the Cd section And for the bettar saor;t &c
the payment of the interest upon said bonds until
the completion of said road the comnanv sh.,l dc.
posit with the mnblic Treasurer GOOD and s,,fioert
bond made by inyidual Stockholders or nersons in.
terested in said road Amounting tn sho ooo to CO.
cure the pavment of interest a. oforos.;J ~;
bond shall he pavabe to the. nuhc tre,s,,ror snd
shall be deemed d,c and payable at anv time ,r;o
to the completion of said road If the said co,,p,nv
shall fail to nay the interest on the bonds o;va IN
exchange for the bonds of the State which honds
shall uDon the payment of the interest tn tbe
pleton Of said road be surrendered hv tho n,,bc
| treasurer to the said companvn
Mr. Gilmore said the friends IF tho hill, dos;roa
the State tn he fully secured in bar did t tho ~
| They therefore cbcer6,Ilv accented tho n,o,,do,t
| The amendment was then adonted
Mr. Rled,oe desired to cxnla;n b;s nresont ,os;-
tion on the question He had formerly rco,rJo tho
bill as calling for virtual increase Of The STATE Il
| abilities and was therefore onnosad IN r Such
| was not the case now. however The nnbl;c treas
urer could not now be called on to nav either the
principal or the interest. The princina was secnr.
ed bv the provisions of the hill and the interest wac
equally secured bv his amendment az Il called for
the forfeiture of $50 900 to be due an, psv.hl on
the first failure of the company to nav the interest
on the bonds. He would vote for the hill
Mr. Walkun had voted for the hin boc,uso ba no.
lieyed it dead. He would now vote fr II nnder ito
altered circumstances, because he believed it would
develop great source of wealth for the State.
Mr. Guyther felt bound to 90 for the bill. the in
terests of this vast coal region should be developed
Every thing tended to call for the passape IF fhe
hill and the letter of Com Wilkes should SETTLE tho
question in the minds of all.
Mr.. Leach said the question was to extend a
friendly hand to praseworthv comnanv Who had
already done all in their power to helm themselves
He did not know what his constituents would thinL
Of # hut he was willing TO 90 down as an individual
70 r,;se nm tbe State
not because of fear of his constituents. If thew
send him here he would do what he thought right
| He would now vote for the bill.
| The question on the second reading of the amend
ed bill, resulted in its passage-25 to IA as follows
For the 6iM-Messrs Ashe. Bledsoe Davidson.
Davis, Edney Flanner, Gilmore. Gorrell. Guyther
| Houston. Leach, Mcdonald. Mcdowell Mckoy Mil.