The farmer and mechanic. [volume] (Raleigh, N.C.) 1877-1885, 1881-12-01

THE BosToN BUSY Be (ST. Thanks
to the Geographic liberality of the Rich
mond s d. Syndicate, the State, from
Curritucktown to Cherro-Duck-town,
have been informed that the Boston Il
b. syndicate has incontinently Bust
ed together with the Pacific Bank
of the latter city. Col. Best obaerves
to the Observer that the aforesaid tele
grams tell a gram nasty Nantucket
nautical no such-a-thingl For al
though Mr.. Lewis Coleman was a big
depositor in the broken bank, yet the
syndicate and its finances remain sound
as a dollar!
Granting this to be true, the reader
Will ask there any likelihood ofthe
Midland II. Il. being built p Well,
yes, our answer is; it will be built as
soon as the Richmond & nanville r r
make up their minds to get rid Of the
North Carolina r. r. lease. When
that time comes, a year or two hence,
the, will take hold of Best, as they did
before build the 80 miles between
Smithfeld and Salisbury buy up lands
around Morehead City, and run their
ore and timber trains from Ducktown
and Cranberry, and Bristol, to the
wharves of ocean steamers
But why do you SO quickly despair of
Col. Best's second edition Of last years
magnificent promises? Well, look at
the signs Gov. Vance declared in his
recent speeches that the Midland would
not be built unless Mr.. Bests party re
covered possession of the Western n.
G. II. II. Best told the people of Pitts
boro the same thing. He said at Fay
etteville hal he should extend the
Newbern r. r. from Goldsboro to
%Smithfeld, Is miles, and then pause to
await developments. Meantime, he
has been running about the State in
stigating various localities to bid FIR
the location of the road in their
direction, by making up large
contributions in stock. We hear
of him in Sampson county, suggesting
a branch line; and i'll Harnett, and in
Cumberland, and in Chatham. and 50
forth. There is nothing censlrable in
this but it is significant of INDIGESTION,
and lack of funds. lfhe were really in
earnest, and backed by unlimited cap
ltal, he would not waste time, or thought,
in fishing for small sums. If he were
backed by a strong syndicate, the latter
would demand to 90 ahead and build
the road from Geldsboro to Salisbury by
dlrectest route. In short, it looks as If
MIR. Best's second syndicate will prove
as soap csoft soapOBubblish as his first
one. We may be mistaken, and we
hope we shall be. We have helped
with tongue and pen, both his present
and former project but with the same
f~lankness which made us expose and
denounce his secret ell-out'' to the
Richmond and Danville people, in the
fall of 1880, WI shall discuss his new
schemes, if, as we fear, they prove as
fin g as the former ones.
As for getting possession of the IVES
tern y. {. K. r. that has been settled
by Gov. Jarvis. The Governor knows
which side Of his bread is buttered. But
were he now to change against the
Rlchmonders, it would be too late.
Nothing but a financial shipwreck all
along their line can now Dust them from
the Western Road, aud T. j. Jarvis
will live to realize the fact and Sc
quences We don't blame him for Civ
ing the X. 4 ID. an extension of time
but we do censure his whole course
which resulted in the present state Of
affairs.