The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-11-06

ing iWWettSe tutneTa! resources.
"The Senate select committee submitted to
the Senate o. the United States at its last
session resolutions appropriating 5000, 600
for the further surveys of the four channels
Of commerce. recommended In their report"
THE GOVERNMENT SURVEYS.
These resolutions were passed in both
houses of Congress by large majorities. The
survey Of the central route thus ordered is
now being made under the direction of Col.
onel w. p. Craighill. This last appropria.
ton by Congress, because Of It's large
amount, will secure the most detailed and
perfect location of the central water.line
west Of the Allegheny mountains, including
the summit level, which has ever been
made"
The report Of the Board makes an able ar
gument, showing the cheapness. ofswatei
transportation, the needs Of the West, the
practieabiiiy Of the scheme for the compile.
ton Of this line, &C., &c. IN.
THE COAL TRADE.
Speaking OF the West Virginia cosl.felds,
the report says:
"When the central water.line is com
pleted, then the benefits which the Cumber,
land coal has conferred on Baltimore and
Pittsburgh and other manufacturing cities
and on the commerce Of the United States
will be repeated on larger scals, through
the agency of the Kama wha coal, in the val
ley OF the Mississippi, and in the States o.
Virginia and West Virginia, and on the sea-
board OF this and of foreign countries"
THE CLIFTON FORGE EXTENSION.
In reference to the Clifton Forge eXten,
sion, the report says: 1t would be difficult
to overrale the importance of the actual.eX.
tension OF the canal, or its partial praetica
extension by railroad to Clifton Forge
"The late Edward Lorraine, chief engineer
&c, reported that the canal could becXtend
cd from Buchanan to Clifton Forge, with its
present dimensions, to Craig's creek, and the
enlarged dimensions rs projected from that
point, for the sum OF S2,055, 900. That the
extension could be completed in two years
with IN expenditure Of S755,000 during the
first year, and Sl,300,000 during the second
year.
can expenditure Of few hundred thou
sand dollars on the present canal would al
low its navigation by boats with capacity
equal TO those originally navigating The
canal. and give to it an annual capacity o
5000. 900 tons.
"The Chesapeake and Ohio railroad car
bring 10 Clifton Forge nearly three times a:
much coal as it can carry east from that poiG
with the same power. And it is believed
that its interest will be found in the trans
portation of the greater quantity for the
shorter distance"
PROSPECTS AHEAD.
'The coal trade OF the Baltimore and Ohio
railroad in 1S73," the report states, "Was 20,
= ~, Ol-n MD hIr
railroad would deliver to the canal at Clifton
Forge one.third of this quantity, then, with
its other revenues, the canal could pay nine
per cent. annually on its cost Of extension
and repairs, and seven per cent. on its pres
ent debt. and have an abundant fund for its
maintenance and constant Improvement.
elf Congress at its next session shall de-
eide to complete the canal, it is hoped thai
this short connection Will be first made; but
if it shall delay its decision, it would be 6
question OF interest whether the company
should not make an effort to secure this i'm
pOrtant result"
THE Committees REPORT.
The committee to whom tbe report of the
President was referred recommended that
it be adopted. and "that the Board Of D'
rectors be instructed TO apply to the Legisla
ture OF Virginia, at Its next session, for all
thority to this company to execute mort.
gage on the property of the company, Us Sc
curity for the issue of bonds, to an amount
deemed sufficient tor the completion OF the
canal to Clifton Forge and for the improve
ment Of the canal between Richmond and Bu'
ohanan; and that the proceeds OF said bonds
be applied exclusively to said purposes. Ii
Congress, at its peXt session, shall decide to
undertake this work on Government account
the mortgage. if granted by the Legislature
will not be used"
DIRECTORS AND OFFICERS ELECTED.
The stockholders, after disposing OF the
report Of the President and Board of Dlrec'
tors. went into the election of officers apd
directors with the following result: Presl
dent, Colonel Charles s. Darlington; Dlrec'
tor on part of the State and private stock
holders. Colorel II. Coulter Cabell; Director
on part of private stockholders, Hon. Mar
shall Parks, of Norfolk.
The directors appointed by the Board o.
Public Works are Franklin Stearns, Esq
DR.. w. P. Palmer, and Mr. S. c. Tardy, o.
Richu4ond, and Robert q. Davis, of Lynch
burg.
The meeting of stockholders, having con
cudcd its business, adjourned until LeX
year.
DEAD BODY OF WHITE CHILD IN NEGRO
W ou.r,c paCcrS SsInS Yesterday justice