Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1859-06-27

MONDAY MORNING.. JUNE 27, 1859

CHEAP Coal THE NASHVILLE AND Row.
ENA Coal CONPANY.--The citizens of Nash
vile, especially those who own real estate, or
are engaged in business, have not shown a
proper appreciation of the advantages which
must accrue to them from the construction
OF the projected railroad of the Nashville and
ROwena Coal Company. The mines of this
company, as we have before remarked. offer us
a certain and inexhaustible supply of cheap
coal OF the best quality. No mines either on
the Ohio, the Cumberland, or any Of our rail
roads, can be managed so as to put coal in
this market at lower if as low figures.
These facts are admitted by all who have
taken the trouble to investigate the SUI ject
and can form an unbiased opinion. But.
unfortunately, the classes mentioned above
who are so deeply interested in the growth
and prosperity of Nashville. have not gene
rally made the necessary investigation, and
therefore, have not responded to the calls for
assistance which have been made upon
them. We trust they will now look into the
matter and sati-fy themselves as to their du-
ty. They have aided railroads running into
the city, at sacrifice; but in aiding the
Nashville and Rowena Coal Company, they
will sacrifice nothing. They will be making
an investment which will pay not simply
through the enhanced prosperity resulting
from cheap coal and an increase of our man
ufacturing ADJUSTMENTS; but by the regular
receipt of interest upon whatever sum they
may invest. The Company do not desire to
issue any more stock; but, contemplate the
negotiation of loan Of $50 900 to construct
their railroad according TO the report Of Mr. Az
DEKsoN, published in last Thursdays PATRIOT
Any Of our citizens who feel an interest in
the supplying Of Nashville with cheap coal
can SHOW their zaal by taking part of thu
loan. The conditions Of the loaa are such
that no los can accrue TO any one; as the
mines and all the other property Of the Com
pany will be pledged for its redemption
Those loaning money will have the option Of
receiving their interest annually in cash, or
in coal at ten cents per lush,l Thus, by the
investment of $1,000. six hundred bushels #
the very best article of coal, per annum. can
be secured. until the principal is repaid. Ev-
cry ufdl Oh u FAMILY III Nd~uNllles WHO
cousums annually from two to three
hundred bnshels rf coal, would do well
to thus invest $500. or 81 900. He could
inyet his money in nothing that would pay
him better. There Ought to be eighty per
sons in Nashville, who would be glad to make
such use of $1,000; especially as the whole
sum will not lie desired at once.
With the $50 The railroad can be com
pletrd and put in operation in six months.
Between three and four miles are now grad
ed and nearly ready for the cro-s-tics. Open
ings have already been made into the coal
beds, and enough coal can be got out by the
TIM the road is completed, to furnish full
supply
Let the money be loaned. and let our city
have cheap coal.
In former article we stated that coal boats
could come down from Rowena on an ordin.
AIRY tide As proof of this we will mention
the fact that one of the Company boats
loaded with lumber, reached here Friday
from that point. The quality of lumber in
the boat was so great that it sunk The boat a,
deep in the water a. a loaded coal boat II
would take rise of IL feet moe to allow
the same boat to come out from the upper
mines.