Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1871-06-07
Letter from LoudOun County.

|
LEEsBuRG Va. June 6, lS7l.-Ho, for Win
chester! This news reached US Oh Saturday
evening and was confirmed on yesterday. 1t
has raised new hopes in the hearts of our peo-
pie. ~
We hope this onward progress will cause the
company not to forget that their tim I table Dy
the morning train to Alexandra, II .speeded
travelling public. For instance, some delicate
versions are bound for the springs, and it Is de-
ss;rablc that they should reach the braclng air
% The mountains as soon as possible. But the
train reaches Alexandria ten minutes too late.
This ought not so to be; there surely should be
. close connection with the trains on the Orange
road.
The advantages to us from the extension OF
the road to Winchester will be very great; it
will give Us thoroughfare, and will thus open
nm our fine country to travellers. We are now
AT the head of lane; any one coming here and
wishing to 90 away will have to take the back
track. When we get the connection with VIM
chester and the link to Stanton Is made from
Harrisonburg. all persons between Alexandria
and Winchester will have through route over
tho very finest country. taking into c0nsldcra-
ton the fetlity of land and the fine scenery,
that can be imagined; and then. should the road
he made TO the ~ est, We will have the shortest
rontc between the oceans 1t seems TO Inc
that it must greatly rebound TO the prosperity
| of Alexandria and Winchester I" have
this connection made Nv.
nj r omrht TO concentrate at Winchester the
trade OF a good portion of the lower alley, as
at that point especially Baltimore and the 70
tnmac markets come into direct competition
with the advantage to the latter Of - against
liz miles Of railroad freight and passenger
traffic
| people will not have made the proper business
connections with the merchants OF MlncheStcr'
Over turnpikcs which will enable the farmer
to haul twenty barrels Of flour with two horses
# viii be cheaper for him to haul his produce
to Winchester for this competing price, than
| il will be to sell it at 4 station nearer home
where there is 10 competition. WINCHESTER
should become the gathering point and Alex
ardria its shipping port. May it 50 be
The interest law seems to be exercising Ju-
MUS If.Tunius has more land than he can
cultivate let him subdlyidc it and sell part 81 II
ard pay his debts. IF he Is 4 money lender
then let him lend his money at lar interest
| | will let him into 4 secret: two gentlemen sent
to the West and loaned on real estate at ten
per cent &2O.0OG One Of them told me Yes,
tcrdav that all Of it had been brought back and
loaned here at ten per cent with tn the exception
of 81. 600 which remained III the West.
This matter of interest will regulate itself.
For instance, the legal rate Of interest in New
York is Der cent | am informed that money
is abundan, at t per cent. Can you tel! me
vhv9 It is loaned Oh col!aterala and II not
maid If maturity the rniarrala ali realized
| upon.
| In Virginia a man gives deed OF trust l0l
s.. 900 on his farm; he faiisto meet his engage
ments 4 sale is ordered; Al injunction Is OBJ
tanned the fund is locked up until ConliGiS-
sioncr makes lis report which occupies lively
months and then a sale is ordered on credit
of one two, three and. maybe four year.. The
: remedy is not rapid enough here and until 4
| radical change is made in our land sale laws 50
as to make the lands less sacred. capital ,:;l not
come here at any price, unless 1t can hnd no III
restment any where else.
| Our whole system Of ailatory legislation Is
GENERATING against tho material Interest,", ana |
verify believe against the moral rccrtldc O.
| our ncoplr Ii is 4 train laid t" the magazine
| of formulation. and unless some feeble lnstru-
mcut removes a plank to break the connection
there will be wide spread moral ruin.
Let us hold fast to our integrity even though
interest should not fall to six per cent.
presume no one questions the propriety "l
revoking the constitutional provision As t.
twelve per cent, but when you come to amend
the law and say that man shall not pay what
he thinks he can afford to pay for the use OF
money, then issue may may be joined.
think the true remedy for our evils Is to
make lands as well as personally sui ject to sale
by execution, giving the sheriff the right to
levy on and sell so much Of 4 man $ land rs IN
the opinion of two fair men vii be sufficient t.
pay the debt: and to make this sale on credits
of three. six nine and twelve months for negotl;
able paper with good endorsements: Small
proprietors will increase. and nT Westward
bound men will stay here. ALIQUIS
You remember that when the L. ;. force
abandoned the Navy Yard at Portsmouth they
laid Il train of powder by means Of WHICH they
| intended to blow up the works some little i'i
low in running about saw tn" powder, and, u
passing over plank he removed the plank'ahH
thus broke the connection Of til" train and %aV"'
| tho works.