Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-02-28

vengeance. There is q price-even
SO, oo0-placed upon his head by the
State, and, we believe $3.50 by tie
county. The fact that the injured
spouse" receives presents from the
said correspondent is, we think, SONS
evidence that Henry Berry's person,
OF money. IS at Henderson's disposal.
We would like to SEQ this matter VEN
tilated; If he Is alive, outraged hu-
menity should be avenged-if dead,
. the circumstances attending his demise
should be sought out, for we submit
; that one killing Is enough for one man.
The Proposed County Subscription,
to the Wilmington & Planters:
Railroad Company!
As will be remembered, q petition
was submitted, some weeks ago, to tho
Board of County Commissioners,
praying that the matter of subscrip.
ton of $4,000, in aid Of the new
railroad line proposed between Norfolk
and Wilmington and Charleston, be
submitted to the people, in accordance
with law. The matter was referred to
q Committee, who have submitted the
adopted by the Board
"
the matter of submitting to vote of
the people Of New Hanover county the
question of subscription OF
dollars, to aid in the construction of
q railroad from the city of Wilmington
to, or toward, the city of Norfolk,
Virginia, known as the Wilmington &
| Planters Railroad, report: That they
! do not recommend that the matter be
| submitted to the vote of the people, or
| that any aid be granted to the con-
/ struction Of tho railroad as petitioned,
! for, among others, the following
/ reasons, VIZ
I Eisst-That the contemplated rail
/ road toward Norfolk, through the
counties OF New Hanover. Onslow,
. Jones, Craven, Beaufort, Pitt, Martin,
! Bertie, Hertford and Gates, snortens
/ the distance between Wilmington and
| Norfolk, Va, only few miles (proba-
| bly, not more than twentvl, over the
| present route, via the Wilmington &
! Weldon, and Seaboard railroads The
! cost Of constructing a new road would
not be less than three million dollars,
which We think the present financial
. condition OF the counties along the
route will not warrant; therefore, only
! q loss OF subscriptions made in aid OF
! such an enterprise would be the result.
/ The whole of the real and pers 0nnl es-
! tate OF the counties through which the
/ contemplated road would pass, is put
; down in the State Auditors reports of
, 1S70-T1. at about seventeen million
| dollars n value; indicating plainly the
| inability oi such counties u pay largo
| sums for el,cl, q purpose.
/ Sec0Ed-Inn amount asked from the
! county of New Hanover, and other
counties along the contemplated route
OF this rnilroad, can only assist IL 4
small way, the construction of the rail
road. Certainly they can have no con-
troll over the management OF the rail
raod when finished. beng haFclessly
IN 4. minority. Tho company organ
i-;nG and constructing a grand coast
line of railroad from New Iork 10 the
! Calf Of Iezico aEd thence to the
Pacific Ocean, VIII control, n their own
interest. The wholero1tc. Tie subs >Tir-
ton CT New Hauov, county would DC
lost The rcsnlt would be, il the
! scheme is cv'-- co1Srnnatcd, q railroad
passing through cti- county, Of doubt
! fcl necessity and barren CT pocnn;ary
profit Ii can he deUonatratsd that =
read il operation over half The dis
( tanca to Norfolk wouil no: bc sell
/ supporting.
: Third-Ihc county nf New us1ovcr,
whosc interests tho Board cf County
! Commissioners should protect against
/ any expenditure Of speculative chaTac-
! ter, Is only now, after nearly five years
/ O. strUegie, able 10 maintain its credit
+ With heavy debt a. the close Of the
/ late war, the Commissioners have la
/ bored and endured much n their
/ attempts TO pay the deb; and carry on
/ the county business. Only 2 short
/ time sinco, they paid as much aS TWEEN
| tr-four ,1or cesltutcl per annur7. ior the
use OF money with which 70 pay for the
/ support of the county pa&pers, and the
! fees Of its officials. The county credit
! has been re-estabiished, partially, only
I by b1irthcpsometa taxation. against which
! earnest remembrance was constantly y
/ hoard, and only submitted TO because
! OF tho realization OF the necessities OF
! the case By the majority Of the largest
taxpayers. The SIX PCT cent. gold in
! tareet bearing bonds Of The county Of
/ New Hanover, dine March Ist, 1879,
/ although the interest is promptly paid
seo1:-annuaily, aid tho payment Of the
! principal money of tho bonds assured
! when thny become due. are now only
quoted nj serenity cents on the dollar
. :
/ $4,000 more. would result in heavy
! depreciation Of an classes of county
| bonds. entail additional heavy tax, md,
! in our opinion, weld gu 1lnrcranEera-
tive result.
! Fourti-Ihe prescllt county ald
city or Wilmington debt may be set
down ct $500, 900. In addition, our
county is liable for about the one
twent OIL, part OF the whole State debt.
~ the full amount represented by tho
| figures our county quota would be
nearly p nln, 900 Under the most
favorable compromise to be expected
with the State creditors, our share
would be no: less than seven hundred
and fifty thousand doilers $3.50, 0G0),
= if settled ut once. The day OF
| payment must come some time. It
IS the duty Of TIC Board of County
Commissioners TO husband the county
resources, FOR the principal and inter
est OF the larger portion Of the public
debt must he provided foc. One-fourth
Of all the real and personal property Of
the county Of New Hanover may be
said to be liable for debt-State, county
AID CITY. The debt therefore of this
county is 81. $50, 900: full enough b,lrth-
en- to carry.
The practical Reputation ofthe State
debt iastens its consuming blight On
every enterprise. To increase the debt
= OF the coanty, at this time, il to still
further ihiure our people and our bus
mess. The present debt may we'll
appall every citizen. The depreciation
Of every security bsarinS the name OF
: North Carolina upon It, the distr1Ist Of
capitalists everywhere in every enter
, PRISE within our State border, warn Us,
III the most un:ni5takabie manner, that
; there should be 10 further attempt II
increase the debt OF cur county.
II tho Railroad enterprise, for wlict,
: aid is now asked, can bo demonstrated
to Offer rich retuIus 70 capitalists,
, money will not be wanting to complete
' il. Built bv private individuals, it
viii ne freed from the evils which
. usually attend iporate subscriptions,
: making them often che footballs o. po-