The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-10-24

tOL. AAA.
as local freight, and required to pay local
charges. Each company, under the con-
tract, had the power, BY their rproper agents,
to make special contracts for the transpor-
tation Of passengers and tonnage at such
rates and upon such terms as to time ~
they might deem expedient for the better
interest Of the whole line-the rates upon
all such tonnage and passengers to be d.
vided pro rata per mile between the lines
| In interest"
One of the Board of Directors (Mr. Burr)
was delegated to attend an adjourned
meeting Of this railroad convention in New
York, and represent the interests Of the
company. Owing to the impossibility of
obtaining requisite information, nothing
definite was accomplished. The Board,
finding other measures necessary to sus-
tain their accustomed revenue, adopted ON
amended tariff, to 60 into effect on the 18th
of March, but being disappointed in its re-
suits, they deemed it expedient, month
later, to adopt resolution allowing de-
duction of twenty per cent. from the tolls
then established on first and second class
goods and on manufactured tobacco, flour,
corn, and hay, and to charge no lock tolls
or dockage on the said articles; provided,
the owners Of freight boats would reduce
their charges for freight to certain specified
rates. At meeting held towards the
close Of May, this resolution was repealed ;
and at the same meeting measures we're
initiated for establishing a line Of freight
boats on company account. Accord
ingly, o sufficient number Of boats was
purchased, with mules and the ne
cessary equipments requisite to form Q
tri-weekly line between Richmond and
Lynchburg and parties were found will
ing to run lines to Lexington and to Bu-
chanan, connecting with the line at Lynch
burg, receiving and delivering freight there
to and from our boats without charge for
the transfer, and agreeing to reduce their
rates for transportation about fifty per
cent. below the rates previously charged on
that portion Of the canal. The freight line
on company account commenced opera
tions early in July, and has continued to
the present time, being under the manage
ment of competent agents Of transporta-
tion at Richmond and Lynchburg, subject
to general rules and regulations established
by the Board. Insurance against all risk
by the company as q common carrier is
effected on fair terms. Through bills of
ladiDg are given by the agents of the Pow
hatan Steamboat Company in Baltimore,
the Philadelphia and Richmond Steam
Packet Company in Philadelphia, and the
New York and Richmond Steam Packet
Company and the Atlantic Mail Steamship
Company in New York, whose vessels
make close connection with the canal
they recognizing similar bills given by this
company or by the Virginia and Tennessee
| Railroad Company for them--and the ag-
gregate of freight is divided in agreed pro-
portions. The New York and Virginia
Steamship Company is prohibited by its
agreement with the "Air-line railway" "
from recognizing through bills of lading
with this company beyond Lynchburg.
No charge is incurred by the ship
per for drayage, wharfage, or for
warding at Richmond or Lynchburg. At
Lynchburg, while the charge for trans
shipment does not devolve upon the ship
per, yet, in order to place the canal upon
the same footing with the Southside and
Orange and Alexandria railroads, this
company is obliged to pay to the Virginia
| anu lcIDcSSCc
of the expense of receiving and delivering
freight, notwithstanding the chartered OBJ
legation of that company to receive and
liver it to and from the canal without
charge. The demand is pronounced wholly
illegal. Recently an arrangement has
been effected with the Virginia and Ten
nessee Railroad Company by which all
freight delivered toit by the canal destined
to or beyond Bristol, and all brought by il
to the canal from Bristol, is allowed to pass
as through freight, according to the rules
and rates fixed by the tariff Of the "Air-
line railway "-estimating the distance
from Richmond to Lynchburg by the canal
as ITO miles. Within the last week the
consent of the East Tennessee and Vir.
ginia and the East Tennessee and Georgi,
Railroad Companies has been obtained tC
pass railroad iron, chairs, and spikes, and
nails over their roads on similar terms.
The Board suggest to the stockholders
the expediency Of applying to the Genera
Assembly to pass an act authorizing tins
company to prescribe, from time to time, o
maximum charge for freight and transpor'
tation of every kind by boats and boat
owners using the works and improvements
of the company; and inasmich as doubt
has been expressed of the authority OF the
company to establish line of freight boats
on its own account, also to pass an &C,
clearly giving such authority.
With regard to the recent proposition to
unite the general management Of the three
railroads extending from Bristol to Nor
folk, the report says: "The defeat Of this
proposition by the stockholders OF the vlr-
ginia and Tennessee Railroad Company has
probably averted great evil, SO far as the
canal and the city of Richmond and the
country tributary to and dependent upon
them are concerned; but the discussion OF
II. in which the interests Of the canal were
properly represented, has had the happy
effect, we hope and believe, to break up Q
system of tariffs by whose unjust PARTIAL
ties and determinations the trade OF Vir'
ginia and the enterprise Of her own citi
zens have been materially prejudiced, and
would be still more so if the consolidation
scheme had succeeded"
GIt was to this portion Of the report thai
Judge Lyons took exceptions in the meet
ing on Monday night.
During the year large reductions have
been made from time to time In the toll OF
various leading articles; and the Boare
say:
at affords them pleasure to know thai
under this fostering policy the Richmond
coal field Is being rapidly developed witt
signal advantage to the company and ths
community. and that large investments art