The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1868-08-19
500 600 pounds. The Road / would lld be 80

tra.t ~ EE-Er4,.k -7rfE ts.E.lga
con, 100000 pounds. The Road would be 30
miles long, and would connect the waters of the
Albemarle aud the Rail Roads, of the State. It
would enable the people of the East to send their
fish, corn, bacon, lard and shingles to the inte-
rior of the State. The section of the State to be
benefited by the Road had never received any
aid from the State, while they had paid cheerfnly
in the way of taxes to aid other portions The
calculations as to the produce OF the counties
interested, the probable freight, &C., had been
made after examining the most reliable statistics
aud consultation with Railroad and other bust
ness men, and showed beyond doubt that this
will be a good paying Road. 1t had been estima-
ted by civil engineer of no mean repute, that
the probable annual business of the Road would
be S79, $50; less 40 per cent running expenses,
$3l 700, thus making the clear nett earnings to be
S47, $50. From the reasons presented, he hoped
the bill would be adopted. u .ss.s st5soic
Mr. SWEET offered the Following amendment,
which was adopted: Provided That the Public
Treasurer shall issue no bonds to the w. and I.
Road until the President Of said, road shall GER
tifysthat the graduation OF said road:has been
placed under contract to responsible parties.
Provided, further, That should the President
and Directors fail to complete the said road in
complete running order. in the space of six
months from the LIST of January next, that the
Governor of the State be authorized to take pos
session, in the name of the State of all the prop
erty and franchises of said railroad. =, issssy ,,
Mr.. Pou made the same objections to this bill
as to the previous ones. He would ask what men,
Der having 500, 900, 1.-THE amount of State bonds
proposed to be exchanged for those of the com
pany,) would lend that amount on such security
as obtained by the bill? What member, able to
make a good bond, would exchange Lis own
bonds, on the terms now proposed for the ex-
change of these bonds? If members would not,
individually, be willing to accept such security,
they ought not, as agents, to accept 1T for the
State. In order that more time might be given
int, hn fah
and made the special order for tomorrow at IL
o'clock. Lost. 81 T. d. iaa..fal sif
Mr.. Hayes said the Road was estimated to be
worth at this time S7SS, 679 Is. The State was
secured from loss by having mortgage upon
the Road for its entire stock and running ma
chinery for the small sum OF O0,000, thereby
receiving an advantage over the Road of 1888, :
679 28.s If the Road should fail, the State would
be the gamer by the last mentioned sum. he
hoped the bill would be adopted. tetL &
Il Mr.. Hodnett said the State was not able to en-
gage in the enterprise. He was in favor of jul
dicious system of internal improvements. The
colored people in his section had refused labor
when it was offered them They would not work,
and now it is proposed to pass bills to give them
labor. If these Roads were assisted to the extent
asked for by the State, the consequence would
be that colOred men would leave their women
and children on the charity Of the whites to keep
them from starving. f.. fl..1 .f5srl.s aicsl
Mr.. Peck addressed the House in favor OF the
bill. THE address will shortly appear in the
Standard sr as r7 4 7.ff
Mr.. Latin moved the previous question, which
was sustained. ti att. 5.s5'. i-.tI ias.5 q
The bill passed its third reading by the follow
ing vote: i.s1fHfs ali Uatl 5ei.
Yeas-Messrs. Argo, Ashworth, Armstrong,
Barnett, Blair, Gambler, Cherry, Crawford, Cav
thorn, Durham, Dixon, Downing, Estes, Foster,
Franklin, Forkner, Calling, Gahagan, Guntcr,
Gibson, Grier, Graham, High, Hutchings, Harris
Of Wake, Hodgin, Hayes, Hendricks Ingram,
Justice of Henderson, Jarvis, Kinney, Kelly OF
Davie, Kelly of Moore, Lealy, Latin, Mayo,
Moore, Morrill,, Morris, Mendenhall. Nicholson,
Peck, Proctor, Pearson, Robbins, Ragland, Rem
frow, Robinson, Reynolds, Rea, Smith of Martin,
Simonds, Stevens, SWEET, Sykes, Sinclair, Short,
Siegrist, Vestal, Vest, Williamson, Wilkie Wis
wall, Whitley and Waldrop-66
Nays--Messrs Boddie, Farrow, Ferebee, Hold
nett. Hinnant, Long OF Chatham Pou, Parker,
Rhodes, Smith of Allegheny, Thompson and Viii
| liams-12 ~ $3.50
Mr.. Latin moved to reconsider the vote Laid
ON the table, on motion OF Mr. Hayes.
Mr.. Latin introduced a bill to amend an act to
| incorporate the WILLIAMSON and Tarboro' Rail-
| road Company. Referred to committee on In
| ternal Improvements. a'4 'fsl.1 - -'ha
| Mr.. Harris of Wake, called up the bill to pre-
| vent bribery and coercion in elections. .E
Mr. Seymour moved to strike out in the 18th
| section the words ''and shall be subject to the
same penalties provided for in this act" Car
| ried. '-s f'-I i.iri