The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-01-11

LOT Delegates yesterday eveping -Senato or
w. H. F. lee In the cliair-ior further con-
siderati6n Of the bill in relation to the trans
fer of the property and franchises of the
James Riverand Kanawha Company to the
Richmond and Allegheny Railroad Compa.
ny. Nearly ail, the committeeman were
present, Many citizens of Richmond
property holders and Observation-Disclosures
pied seats and gave close attention, to the
proceedings.
II. C. Parsons, Esq, yice-president Of the
railroad company, according to the arrange
ment mnde at the Inst meeting, gave his
views and answered the questions aud OBJ
.jectlons heretoforea dyanced. = He said:
Mr. Chairman aud gentlemen OF the Goni.s
mittcc.-In appearing, in answer to- your
invitation. to explain as far as might not be-
inconsistent the purpose and plan Of the
Richmond and Alleghany Railread Com
pany, wish first to say that in the ar:
rams cement made with the james River and
Kanawha Company each 'party undertook
the one to build railroad, ii,e other to se-;
cure legislation for this reasois. and for the
weightier reason that those whom repre-
sent felt that ~,"' ,.5%
THIS QUESTION WAS A BUSINESS ONE
that more or less affected the people OF the
whole State, and OF such nature that our
interest or pleasure would not and ought
not to have any weight in its consideration,
/ was direete d to avoid any word or act that
might even have the seeming OF a purpose
to influence your action. .n>!@
It is represented BY the James River and
Kanawha Company, and by members OF the
Legislature, that our position has been mis-
understood; that it has indicated lack OF
interest and purpose to press the project,
and it is said that in q matter OF such
weighty import the members were emitted
to all the information and argument we
might have in, It's favor, for oliectors are
| every where present. At your Invitation L
attended and listened to the argument yes
terday, and return to-day -s. =.
A LIST OF QUESTIONS
that have been handed me, and [ shall be
glad to receive any others. presuming, OF
course, that all will recognize that ought
not to disclose any business details that do
not concern the public, the disclosure OF
which might embarrass nv company. /
have abbreviated and arranged the ques-
tions as follows:
What are the relations Of the Richmond
and Allegheny 10 other State corporations
| II it has no relations how will it escape
bein. frozen over? s.. sl.js,t@lI..t
What does it depend upon for revenue?
II the canal cannot live, how can rail-
road? ~" - o
What is its plan Of buildingp ~,
What will it do with the canal during
construction? zist,sI '.,tst ''.a - III :
| What will it do about water-rents?
What with farm-bridges rs1s.a
What with the dams ?i't% ,,.tlA ..i11
Whatwith sonthside connections? II e
i Where win the location be made2,G =
u lWili it be we'll. or cheapiy-buiit road? !
What; is, the general purpose OF pro
Electors ga 4, :na. aIl;s, sg Z! 'sst al =
Does the company intend to mortgage its
works heavily ? ...i..a-..t Ln !. &c. s.
/ Does the company intend to encourage
I local developments, or simply to rest or
its first investments p. Why does youl
/ com par y object to lendmentsito the pres
ent bin :: Is this Richmond enterprise
IL not, why are its interests so special.
guarded? ~ - -, 20, . rsI.,<> ;,.t~..t
What about Pittsburgh, connections? :
How will this road affect the Chesapeak
and Ohio. andSthe Atlantic. Mississippi ant
t Ohio? How will it affect Norfolk? -
II you propose a mineral road, how d.
YOU explain that every furnace on the ca "a
is out OF blast and every mine closed? vii
the canal be destroyed? VIII convicts b
used In construction
Some OF these questions it is difficult an
I some it seems unnecessary to answer, but
will ,, n. -, -,-1-.,. rr,., Il
n I>'aeor~ CONSIDER THEM. ALL. '",., .,,,,.
\ TIE Richmond and Allegheny has no r.
iatiori with any other corporation. t'dqe
not expect any favor or privilege .eXcep
such as; tie interests OF those corporation
may induce them to accord: It uhdertaAe
WithsBe {al! skn0Hledge tliat tire eonnectih
through, lines have each itSSHn Hoe to tn
sea, and While It ultimately expects cor
siderable; interchange OF oi<thHen2hdreIght
bases all it's calculation upon local business
We believe this local business will return
reasonable interest ion the required outlay
THE PLAN OF CONSTRUCTION
is fixed in the contract. The construction
will be from Lynchburg down the river
and from the mouth-of North river, or pos
\ sibly Lexington, down, unless ills 1des
rable to bring the rails largely from th
West. in which case-the construction aboN
Lynchburg would be from Clifton Forge
The contract and the interest Of all partfe
are on The whole in, ha. mony. ), The, Keep
construction until the banks are actually re
ouired. The revenues OF the canal woul'
of course be largely increased during con
.. struction, and form an important consldera
ton. 10 build downward would max
available the completed railroad, and in
crease business ton the open canal, am
would save the boats from being Hand
4 locked. The water-repts are prot ected il
the contraet. III be tfafnl-bridge will simDl
be lowered to line, OF railroad. The dam
that can be made, available for manuiactIl
ring purposes Will be maintained: This 4
the only value the company could ind y
them, and It meets the highest want o. 70
communities.
About t4southside eonnections.,ilseDep9t
! Iwiit. be generally located y'tbe'ipsesep
structures and ferries and they 4Wtil p
maintained, TIey acquire q new imp9r
ttance from the building OF railrosd.aa Ih
company eaHnet, under Its -ehafseF,:moFt
| gage Its road heaSilg.i ~ iEtDalV |,
ghs ssa g Ra Nsl 2Yii Yh $50 Sc e.
conYicts I'd .eofistftsStiSh.H The compap,
does not object tUumendmenta. 10 1t has p,
q right 10 foSse sedt. s,av0 sIsassi Hsh2
i This is not Rirhmond enterprise, btl
we recognize tks great importance Of thi
deity e6 fIe foad lard OF Tie road ts this tsfy
I esSsS SciaIfy as tie IIiie win NBe niihariiy
/ local road. II nj af,','i-Esk y f.f
NONE OF raE ehs VI IS p
/ ypgsTR9 9YED.
4kpeh OF it tynySt be anal ed dass sMneh p
/ II can be maiDtaiBed cheap1ys and will y
yaJ,,ah,ss 3IhtaIs: and axe Ehehl