The day book. [volume] (Norfolk, Va.) 1857-1867, 1866-05-30

Making total of nine screw steamers of
capacity equal to 17,267 tons. There is
another line in addition, which owns some
half dozen fine vessels, whose names and ca
pacity we are not able to give; but this in
formation is not material The fact. as it
stands, is sufficient to show that in one year
prosperous line of steamers has been set in
motion by British capital, flor both lines are
English,) from the mouth of the Mississippi to
Liverpool. TL-- III
The reason is obvious The great trade
which comes down the "Father of the Wa
ssrs' has attracted this foreign energy and
capital. The mouth OF the James, it is true,
does not hurry seward the same wealth, we
know; but just here we have the Chesapeake
and Albemarle Canal tapping the richest sec
ton OF North Carolina We have also the
Dismal Swamp line, which must ultimately
bring us its tributes; then, the Seaboard and
Roanoke Road, which in connection with the
Wilmington and Weldon, and Raleigh and
Castor, bring us still closer in contact with
Eastern and Central North Carolina. While,
last OF all, the Petersburg road opens through
connection which reaches to the Mississippi
valley. Ei-a1s
The interest which Cincinnati and St. Louis
feel in this connection, and their interest in
the projected line Of road on the Peninsula, to
find its terminus at Newports News, conclu-
sively show that domestic, as well as foreign
eyes, are turned in this direction; that Ameri-
can, as well as English capital, has faith in
the old dream, of pouring a rich commerce
through the Capes of Virginia, to seek the
markets of the world. Cotton, tobacco, naval
stores, dried meats, and bread stufs, can all
be brought here in vast quantities And, in
addition to this, English faith in the CONNER
cial future of these two towns, OF more pro-
perly, "our common harbor."
We have the knowledge, that BELLoT &
COMPANY, who represent French belief in the
practicabiity of our famous water line, are
also ready to invest their napoleons in the
Kanawha Canal. We have here great expec-
tations, but we have something more We
know, that just before the war, cotton was
pouring into these two towns, and we are
perfectly well aware, that the old system Of
entangling credits has been overthrown. The
producers of the South stand ready to form
new connections. The time is suspicious, and
if we seize the opportunity, our future reward
will surpass the most brilliant imaginings
How can We seize it, do you ask ? The sim
pie and obvious answer is, by sustaining the
inc, of which the Ephesus comes to us as the
pioneer. How can this be done, you ask
again ? Just now we cannot afford to inn
port: that has already been overdone in the
country.
1t is true, we cannot afford large purchases
of foreign goods; but it is equally known that
the paramount want of this State, and of the
South, and of the Northwest, is for labor
The importation of this would sustain the
line. We have chartered company incor-
porated for this purpose, but the subscrip-
ton, which is to be the breath of its nostrils,
has not been made This also is true.
But much smaller sum than $4,000
would start local association. 1t is estimated
that $4,000 would inaugurate it, This esti-
mate is worth the examination of the COM
munity. Last month over 10000 immigrants
arrived in this country, and We could surely
secure 5000 per annum, and this number