Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1866-07-26
From the Norfolk Daily Republican
William stOn and TarborO' Railroad.

We are glad to see q movement has been made
by the Merchants and Mechanics Exchange III
the appointment of a committee to solicit sub
scrptiOns of stock in city for this work. and if
it were possible to urge in stronger terms than
those we have already urged, the duty of every
business man and every real estate owner to take
all the stock which they are able to do-not It
gratuity, but as a paying investment III the in
crease in business and the enhancement in the
value of property, and in short time the actual
payment of good dividends-we would gladly do
So Every one is deeply interested in this matter.
The road, 10y straight line, is only % miles from
the terminus of the Tarboro' and Rocky Monnt
Railroad, near Tarboro' to Williamson, on the
Roanoke river navigable at all seasons of the year
for any class of vessel that can come through
canals.
The object of the road is to divert the trade and
travel following the same, from Wilmington, Pc
tersburg and New York directly to Norfolk ; and ii
the produce is brought here of necessity the OWL
ers will follow it. Trade in every department will
be the result the increase of trade will enable the
tenant to pay more rent for his store new
chants will come among u.s. bringing their capital
and energy with them, needing dwellings, and
impetus to trade will be the inevitable result,
and prosperity the consequence. Every one Is
interested in subscribing to the greatest extent OF
his ability. By the terms of the charter, 5 per
cent. Is onl required to be paid each share OF
stock for the purpose of surveys, &C., and it may
be six months more before any additional
amount will be required, and only then as the
road progresses, and 1t may be fully q year, or
even more, before the entire subscription will be
required
The people in the region through which the
road will pass anxious to trade with us, to sell
us what they may have, and to buy of all that
they may want and SO anxious are many of theul
that unable to subscribe money, they have sub
scribed the land for a road way, timber (of which
there Is as fine any where in the country to
build 1T, and their Own labor to the extent of their
ability. They wish the road built they
showing their GO faith by their works. People o!
Norfolk, will you not meet them? They have
subscribed in money between 1876, 600 and $4,000,
and appeal to us to help them, and to help our
selves. Will we not do it? The advantages to
our market in thus diverting the trade of a popu
lous country of enterprsing, industrious people
lpredspOsed in our favor, and anxious to make
this city their mart, is apparent. The plan i
feasible, and must result in the accomplish
ment of our wishes-a thorough acquant-
ance with the citizens of the $" Old North State,
and an increased trade with them, the diversion
of much of the trade which is now going with
Wilmington, Petersburg, Baltimore and New
York, to this market, where it legitimately Oo.
longs and where it will most assuredy come II
our people are true to themselves. The amount
needed to build this road is comparatively small
and if every of citizens viii take some
stock the aggregate will amount to- q large sum.
which they will hardly feel in paying and will
/ link the whole of that country to us as with
hooks of steel ;" and the investment is the vegy
best we could make. We hope the committee viii
visit every and properly represent this mat
ter and no citizen will say am not interested
when all SO, but subscribe at once to the full
extent of their ability.