The weekly standard. [volume] (Raleigh, N.C.) 1869-18??, 1869-11-24


80 -. - '' -, = -
IIlIIlIl1IlI.lI
-is y ll'Il''III IlI1 7slIl717 7T771H7 T717'7
| y The board Of education, By snthority Of lar
has disposed Of is stock in The Wilmington Ant
tsr rad ~ Tbe % so1pt @ presiyss sns M s,
| was sl5s oo0 This amount has also been inyes
| ted in State bonds. and d now $4,000 visIdinp
an annual income OF 81. SO, The emoint orir'
/ inally invested in these roads Of the dcposi,
money from the general goyernment b 1sS6, was
5000 CO., for ana ia behalf of the Iiterary fund 81
i the State Undsr the present Constituted
these stocks were yested In the hoard of edpcs
\ tion, and the amount thus realized ior Then
does not fan very far short of the origiual In.
yestment, while the income u iarref and more
csrfain shah Il Was Al any period from fhe col
poratioas referred to.s f'S-17 Is g. s'''l 80
Il y eannot csose this part of my messare With
ont caznesslr appealing 10 the General Assem-
bly aid the trustees in sustaining the niver
sity. This time honored Institution should not,
/ in 1by esetjf be NEGLECTED. Our yosne men
should be 'educatua n hone.s To suroyidc fcr
this In manner every way suitable and proper
should Be o. leading object with fhcI ,Gencral
Assembly, as 1t Is with the trustees OF the ipsfi
II tutien 81 - = ~ snHi' afef ''tn - - i2''os
III - Fi,,r<r<sxxr ftvr>ss-sslit N ~
49, =. - y =
~ :. ~ lot aecm y necessary 70 rp<<f tne VIEWS
Ss 49, " ~ 'Ast annual messase on the spp-
a., ~ 'uPIovements. Tue wnoie peo-
i is,a,a ~ sas S'sss sfg commiued u pnncipie. IN
sstsc. sns ~ ,ssilni to,,ns vsilous vo{ks,
Al thu completed Wnrks are paying expeusrz.
. s'a onS ~ snesns at ieasl N which fne state s
| sEsiy intefestea, gives promise OF handsome
- n. =, ).
Gods sho,6res ~ s.r,r,,a 3 I'm
| tant work in the State. Will the Atlantic road
from Morehead City to Goldsborough. and the
| paar 4, Ii sv.., ,i.sa.e., nun oaisouiy 70 rant
| the finest harhors on our coast To- lines of rail
way connected with the Mississippi valley and
he racine coast With the Raleigh and CASTOR
Road, from Raleigh to Weldon, 1t will afford the
same path Tor travel and freight from the Pacific
coast and the Mississippi valley to Norfolk, and
the markets of the world. United with the vii
mington. Charlotte and Rutherford Road al
| Charlotte, and the latter with the Western Ex-
tension at Asheville, 4 channel OF communica-
ton will be opened from Wilmington to Ashe-
vile and Paint Rock, and thence With the eat
West and the Pacific coast, which will benefit
immeasurably the region through which these
lines will run, and add constantly and perma-
nently TO the prosperity and wealth of Whining
ton. The Fayetteville or Coalfelds Road is on
the way to Greensborough, or Salisbury or
some intermediate point on the North CaroliIa
Road; while the Northwestern Road, from
Greensborough to Salem aud Mount Airy, will
In due time pour the rich products Of Tadkin
INTO the North Carolina Road. This latter road
ID, indeed, the Worth Carolina Roadr Its
management by its President. Mr.. smith and
the Board OF Directors, has been able and eff.
cient Its debt has been reduced, its condition
In every respect has been improved and tits be-
lieyed it will be able at the next animal meeting
of the stockholders to declare a nandsome diyi,
dend. doubt the policy Of leasing or selling
this road At a meeting Of the stockholders of,
this road, held in Raleigh on the 11th instant, to
consider propositions TO lease Il for term of
years, felt il TO be nv duty 10 annonnce tbrorgh
the State proxy that I was opposed To leasing1t
TO any narfies wbatsoever X r,,rsr.a ,hss