The day book. [volume] (Norfolk, Va.) 1857-1867, 1866-10-04
Meeting In Richmond.

Meeting in Richmond.
On Monday night last meeting was held
in Richmond to consider the great question of
consolidation, which has been employing so
many busy pens of late.
Generals Malone and 1mboden were pres
eDt, and many other gentlemen practically
acquainted with railroad management A
series of Resolutions was presented by Col
onel August, the FIRST of which declares that
the scheme twill be injurious to the State Of
Virginia to an incalcuable extent" The res
olution, In support Of this, recites that the
Commonwealth has an aggregate Of $le,-
4sS,o99, sll of which will be sacrificed in or
der to advance the interest of the Southsids
and Norfolk and Petersburg roads, in which
the State owns stock to the amount of $2,-
eos, 100" i 4a
The resolutions and the arguments in their
support. fail to show, that the SIC ,463, 0ss
alluded to ere now OF can be made as produc-
tive in substantial value to the State as the
22,aos, 100 under the plan of General Ma
hone: and if thus productive what need of
can air line TO Lynehburg" as provided for
BY Mr.. Burr's resolution 2 The second resp
luton Is a protest on the part Of the business
men of Richmond against the scheme, which
strikes us as lamentable when we reflect that
Richmond is anxious to come down to New
port News for the purpose of building sea-
port just along side of Norfolk.
Now, Richmond must ship North, OF abroad
directly, if she builds up such a port. If
North she will do what General Malone is
charged with doing; if abroad we say our
road is already built, already running, and
our facilities as great as those which are yet
to be created -. f.. ,,.fi
We expect to sustain line, if consolidation
be effected, by the economy on charges be-
tween this port and New York, on outward
bound freights, which, with the incoming
eargocs, for the upper Mississippi, would s,s-
tain lis in our efforts at direct trade
Hence, standing on the broad ground Of
the general good, we can sec no reason in
favor of the Richmond plan, which does not
apply with greater force to that Of General
Malone
The third resolution refers the question to
the Assembly, and the fourth very justly, de-
nounces determinations A dabate occurred
on the series in which General Malone, Mr.
Owen, president v and T. road,) Mr.. Gill
mer, Mr.. Boiling, Governor Peirpoint, General
Imboden, and others, participated. and the
resolutions were adopted with great unan-
unity. In the discussions which have
occurred in various narts Of the State. yalua-
bic facts have been adduced. mingled with
evidences of local selfshness, which, in the
present condition Of the State, are painful to
see: but when the Richmond Enquirer holds
the following language, we are embroidered
70 hope that much good may grow out of the
searching examination into railroad manage
ment now going Oh ia the State. ya 80
1t says: with no one have we agreed, or
do we agree more completely than with Gen.
Malone in the genera. principles on seAsch oaa
railroad system should be conducted" The
soundpess of these principles and the discus
sions they have provoked cannot fail, we
think, to produce wholesome reforms, which,
if not carried out to the extent we advocate,
will yet result ia substantial advantages to
the state at large, .u.a
The Wing, we are glad to see. has an elab-
crate artio!s on this subject, in which it says
that 1t is decidedly in favor of this policy,
and concludes by declaring what is obviously
true, that.
IF Lynchburg, Richmond, Petersburg, &c,
cannot compete with Norfolk, CT such other
shipping point as may ultimately be settled
on, they must assist her in realizing her desti-
tiny, SO that they may partake of her pros
psrity. Her growth will promote theirs. her
development will be the development of all
these cities. 1t is through her and her alone
that we must expect what for SO many years
we have yearned for--direet trade-and it is
this direct trade that will build her up and
build us all up.
In another column We print late letter
from General Malone, to which our readers
are referred. 5-ast
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