The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-09-22
A CHANCE FOR THE North 70 CONTROL THE SOUTH
TO TIE EDITOR OF THE HERALD.

TO THE EDITOR OF THE HERALD.
Never was better opportunity for people to get
the control Of another legmc and to tho benefit OF
each than the Northern people now have to get the title
and control OF tho Southern internal improvements
They insovent institutions and II Northern capt.
tasts would procure transfers OF debts on them, they
do not now hold debts they could throw every Of
Thorn, probably into bankruptcy, buy them at the nom
nal prices which they would SELL at prices low
to enable them put them in complete order aud run
them such low greatly to increase their
venues and from their profits to build complete some
lateral Ines which would render those railroads the
valuable property In the Union. Tho has worn
these roads out and reduced their profits 10 render
impossible for their present owners to repair them
The tolls them necessarily 20 high that few can
AFFORD employ them ana they consequently have
neither credit money, and there no prospect OF
Improvement The abolition OF slavery has rendered II
cultivate moro than onss,shth part Of their lands the
remainder be kept ncosed much less cultivated
yielding no income and having high taxes TO pay II
must come into market for saIe Every internal I'm
provemsnt 10 Virginia will run through thousands upon
thousands Of thus situated which the companies
will be able 10 buy G prices not beyond those OF the Wild
lands Of the West Owning canal and railroads n low
prcea and investing the net OF these compa
mics IN sne .oe s bps c. SnG be
grsndcr scheme OF money making more certain, more
speedy, Il is wonderful that Northern enterprise has
not looked into this matter which Is legitimate and
will be equally beneficial to both parties
The internal improvements Of the SOUTH especially Of
Virginia are the great power Of the State whoever
controls them and the land they acquire with them
and the people they throw for hundreds OF miles
along their lines will control tho State; IL can be
done much easter and efectusy than by confsca
ton or anv other odious and unconstitutional mode
which has been proposed. combination Of few cap
italsts could thus all the internal improvements
Virginia and subecng them all TO one will and one in
tcrest who tell the power they would exert and The
money they could maker These improvements cannot
be placed on useful footing by the states certainly
mot by the state Of Virginia. and the interest OF all her
people OF all parties in the state and they see H. II that
these works be disposed Of aud that Immediately In the
mode suggested. But very tew OF them have paid any
diy,dend because they built by the state paying
three.ffths and individuals two.nrhs OF the capital
stock Politicians managed the States shares, and do
now and ncompeten. stockholders the private shares
The cost Of constructing them has been vastly beyond
the cost probably OF any other works In the world, and
the people are able to them In consequence OF
the enormous tolls they must charge keep them gong
Their stock sells generally for song their securities are
deprecated 70 lowest mark and there 10 no prospect
OF Improvement wagons are found much cheaper Tor
distances OF one hundred milss aud the people along
the railroad lines returning TO that mode Of trans
poration give you these hnts IN the hope that A.
teutou NAV be attracted 10 this subject and that capt.
tasts who may take interest may get inform A.
Out cost VIRGINIA