Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1860-07-11

new Office at Raleigh is much needed, both for
the convenient transaction of the duties of the off,
GERS as we'll the preservation Of the valuable re-
cords and papers Of theSonpany.
The price Of labor IS sAnaaFy getting higher and
higher, and the dfEsaity OF managing the road by
hired labor Is continually increasing Sound policy
would seem 10 require that should own, at least
portion Of the hands employed in our service At
the beginning of every year great trouble ana IN
convenience is experienced in hiring new laborers.
Those that are obtained are often of an inferior
quality, or hard to manage-raw recruits, unac-
quanted with the duties assigned them 1t takes
time and trouble to train them, and when they learn
the service required, their owners demand an IN
crease of pay, for our instruction, to which the
company is forced to submit, or learn others.
The risk of brakesmen train hands and hremen
is scarcely greater than that of other employments
none having ever been killed on the road; yet we
have to pay for this class Of hands hundred and
fifty dollars each and it is extremely difficult to
procure suitable slaves even at that price.
Since our reorganization we have incurred
heavy extraordinary expense, more properly charga
BILE to construction, but which is portion OF our
capital stock amounting in the aggregate to between
$500, 900 and 100000. To cover this amount,
as well as the further sums that may be necessary
to purchase portion of hands, it is respectful
| ly submitted to the stockholders. whether or not
Justice does not require increase of our capital
stock to an amount not exceeding five hundred
thousand dollars and whether or not they will APP
point a committee to apply to our coming Legisla
ture for the right to make said increase.
Railroad from Raleigh or some contiguous point
to the Coal and Iron mines of Deep River, is too
important to the best interest of North Carolina to
be delayed much longer. By this route alone, can
these rich and profitable reghts reach the Railroad
system of the State. Other channels might render
this hidden treasure available to the markets OF the
world but this alone could benefit the public works
in which the State has many millions invested, both
by aording them an immense and profitable freight,
as well rs supplying them with materials largely
used, for which they now send abroad. The next
session of our Legislature will doubtless be earnest
" directed to this subject The Western n G. Rail-
road is progressing to its ultimate connection with
the roads Of the Tennessee Valley. Already it is
finished nearly to Morganton and even now adds
its contributions to the increasing freights of con-
Meeting roads.
The air line road from Atlanta Ga, to Chester,
S. c.. will shorten our line for through travellers
about one hundred and fifty miles, making this the
shortest route between Atlanta and the North. \
company, with large amount Of money subscribed,
has recently been organized for the construction of
this road, which when built must command the
through travel between the North and the South.
Added to these advantages, have Others of local
character not less important to the prosperity of
improvement The road passes through productive
country filled with energetic and intelligent pop
ulation. The large stock Of tobacco now in the
hands of farmers, the heavy wheat crop secured be-
yond casualty, the breadth of cotton planted the
steady increase of travel and the growing freight
along the road, that no competing conveyance can
take from us inspire us with hope not only that
the receipts of next year will equal if not surpaSs
any previous year of our operations, but that the
permanent prosperity of the road will be lasting
and enduring. G. H. WILDER, Pres't.