Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1869-01-15

thirty-fiv cents per one hundred pounds
and the whole charge from Weldon to
Charlotte would be fifty five cents per one
hundred pounds, and the whole charge
from New York to Charlotte one dollar ana
twenty cents per one hundred POUNDS OH
first class goods. Now add half of twenty
cents. Raleigh aDd Gaston Railroad pro-
norton, TO thirty-fve cents, the proper
ton for the North Carolina Railroad 1or
coming to Raleigh, and it gives forty-hVe
cents. or ten cents moro for going to Colds
boro'. And this, it will be seen, is more
than the rate per mile allowed between
Raleigh and Charlotte.
The President of the Wilmington and
Weldon Railroad Company, representing O
road in which the State has large inter
eat -four hundred thousand dollars of her
school fund.- has made written offer TO
the President of the North Carolina Rail
road Company, to take less than halt OF
the proportion allowed between Weldon
and Raleigh, and of course the North Caro-
lima Railroad Company gets the other ho1,
or more, of what is allowed to the Raleigh
and CASTOR Railroad (ninety- seven miles
Iong), and this for hauling forty-eight
miles. But to force the Wilmington and
Weldon Railroad out of competition and
maintain the monopoly, President Smith
makes demand for ga twenty-four cents
from Raleigh to Goldsboro'-more than
the rate from Weldon to Raleigh.
If there is anything further required to
prove the false position occupied by the
management of the North Carolina
Railroad Company, We will simply re-
fer to the estimated cost of hauling
freight between Raleigh and Goldsboro',
made by its own able and faithful
Superintendent, Anderson, in 1867, which
was half a cent per one hundred
pounds, but call it cent per one hun
dred pounds, or one dollar and sixty
cents per car load of sixteen thousand
pounds, and we have profit OF C9) nine
cents per one hundred pounds, on the basis
of the rate nooU allowed the Raleigh and
CASTOR Railroad (by published tariff, viz
twenty cents per one hundred pounds, al
lowing one-half of it for running to Colds
boro'. This would give fourteen dollars
and forty cents a car lead of clear profit for
running to Goldsboro', and for ten car
loads day one hundred and forty-four
dollars but say twenty cars day, both
ways, and we have two hundred and eighty
eight dollars day, one thousand seven
hundred and twenty-eight dollars q week,
and eighty-nine thousand eight hundred
and fifty-six dollars a year (of ffty-two
weeks of six days each) more for running
to Goldsboro' than by stopping at Raleigh,
and this, remember, if Mr.. Anderson's
calculation was right, is net profit.
This is not all. 1t gives q like amount
of profit to the Wilmington and Weldon
Railroad Company, in which the State has
invested a large portion Of her Common
School Fund, that is now wanted for the
education of the poor children Of the
State. This would give them nearly
twenty -four thousand dollars this year by
way of a dividend, as this fund is four
ffteenths of the entire capital stock of this
Company.
Here are facts for the people for the
taxpayers of the State for the ''Superin-
tendents of Public Instruction" and Of
" Public Works.
Let oil the people look into this matter
merchants, farmers. consumers and pro-
ducers-do you know how much higher
rates of transportation you are paying than
is necessary if the North Carolina Railroad
was thrown open to competition ? We
will guarantee rates to Charlotte from New
York, by way of Wilmington, at one dollar
and ten cents per one hundred pounds, if
the North Carolina Railroad will take one
half that rate, or ffty-fvo cents per one
hundred pounds from Goldsboro' to Char
lotte. Men of North Carolina, ponder
these things