Daily Richmond Whig. [volume] (Richmond, Va.) 1865-1869, 1865-12-21
1,,rrs RIVER AND KANAwnA CANAL

90 the exgency OF the case demands
|
| JAMES RIVER AND KANAWHA CANAL.
| From the advertisement in this and other papers
| both in Richmond and at the North it has been
known that the James River and Kanawha Company
invited proposals with the view TO determine whether
they would resort to the policy of keeping the canal
in repair by contract or adhere to the old system,
commonly called the Superintendent system The
| Board of Directors having received various propo-
SAILS at their late meeting, after careful eNamna-
ton and consideration of the whole subject, deter
mined to adhere to the present system. Some of
the reasons for their decision will be found stated
| in the subioined interesting and able documents:
Another subject of importance at the late meeting,
was the adoption of schedule of through freight,
which has been already published in this paper
The term Through frclghts" applies to all freight
passing on the canalthe distance of IS miles more.
The stockholders, at their annual meeting in 0cto-
ber instructed the Board to apply to the Legislature
for a revival of the act Incorporating the Virginia
Canal Company, with such notifications as might
seem to the Legislature reasonable and proper
and also to apply for extension of the charter of
the James River and Kanawha Company. This inn
portant duty, likewise, was attended to by the
Board The memorial adopted by them was pre-
sented in both houses of the General Assembly on
yesterday and in both ordered to be printed for the
use of the members. ,l.l. .,. .....
In this connection the Board were particularly
Cratifed to receive from the Kanawha Board very
Kind communication, stating that the letterwhi
the President of the Company addressed to the Gov
W, = 10 IN, Loot had
referred by Governor Foreman to them for
preston of theirviews, and indicating, the part
of that Board, what they say is also the feeling of
the people Of the Kenawha Valley generally cor
dial auproval OF The scheme of Messrs. Belot des
Minieres, Brothers & Co., whenever they shall be
satisfied Of the sbiIity of these gentlemen to cSspy
with their eng1gements.
Reductions have been made in the number OF
officers and agents. but, this subject, it may be
observed that canal differs from 4 railroad, for
whereas a certain number of officers is necessary to
the canal, whether the business be large or small,
and. with this number, the business of the canal
NAV he almost indefinitely enlarged without in
crease of expense to the Company, in the case o.
the railroad, every increase of business carries with
it a corresponding increase of expense. The follow
ing are the documents above referred to
RIcHMoND December 10Th, 1865.
IT, The President and Directors Of the
lanes Riper and RanGWha Company.
CENTENNIAL your request have made an eN-
animation of the proposals for keeping the canal IN
reDair and respectfully submit the following report
on the subject IN the order lhuicaleu u! lno 'esou
ton of the Board: ..
FIRsr-A com pariSOa betlveen The proposals.
/ Daniel Hustled proposes to keep the whole canal
in repair for i've years, for the sum of s25OOOO per
annam, equivalent to 81 o7 per mile. ooe
LIST division l4S miles at 81, l57 per mie-SlTl,2 80
per annum.
Anderson McCeunan Il Co. propose to keep
the canal in repair from the lower end OF the basin
at Richmond, 10 the water works dam at Lynch
burg for three years, for the SUN OF S6Io per mile
per annum. ,,. 90
i46{ miles, at 1915 perme, (per annum) SOB SS7 90
Three years. at sos SS7 30 per annum 800 662 90
Add years repairs OF Richmond Dock. 1913 90
Total cost OF repairs Of lst division for
three years.. ...3lo,bjo w
Equivalent To slO5 2lo per aunum.
g. Edward Mcmahon proposes 70 Keep the canal
in repair from the basin at Richmond 10 the street
bridge at the Virginia and Tennessee depot IN
LyulSiburg dams cXcepted) for five years, for the
sum Of 800 per mile per annum 49,,
l46 miles at S700 per mile. .slO92Oo w
For ers years .................. 5ll 900 %
Ada wears repairs of Richmond dock 2S.973 W
=" =. DO. dams, say,......... 5000 10
Total cost of repairs of 1st division for
five wears. 54973 90
Equivalent to SlOS%4 per annum.
l. Samuel Strong proposes TO keep the canal III
repair from Richmond to Lyncdburs for hye year
for the first year for the .slJOOOO VI
And for the four following wears for 49,.
S5OOO0 ~ per anuum,- 2OO,OO W
Total cost of repairs of lst division for
1--WE wears, Observation-Disclosures. 5OOUOU w
Equivalent to $40 900 % per annum.
.. William Merrlield ~ Co. propose to keep the
| canal in repair, tiom Richmond To Lynchburg, for
| i've years,
! Tor the first year. for the sum Of. . . $1,000 90
! And for the four following years for
! S50,QOO ~ per aunum, ............... 2OOOOO %
| Total cost OF repairs of lst division for
| hNc years. 10000 ot'uVV w
Equivalent u S6S,OOO per annum.
Recapituaton of proposals Tor lst division
! Per annu N.
Edward Nc MahOn, Observation-Disclosures. lUo'SJI
| Anderson McClerman x Co.,............... lOo2l:
| samuel Strong, I"VuSS
| Vim. Merrihed ~ Co... observation-disclosures. Oo'VVV
SECOND. 4 Comparison 5etIrcer the Proposals ana
! the 4scertained AanHal ErPeaSe Qfthe Company on
| Accouqt Of Expenses and Repairs for Fire Years
from the lSt October, 1856, 10 the lst ecto6eT 1901
4 .V.,f1- Of Nltd