The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-02-25
Yittmond Dispatth.
s,xn,y FEBRUARY IS, 1888.
NORTH CAROLINA.

NEW C0pk, ~ -. ,,,...,.A,
i'" ~, r,cu. \. c.. February p. 1888.
IagisIsturc Is coming down the
'n-s,rrtrh under whip and spur. Ibe
no "a .looucucc is stacking. and the
NOV ~ things done Is increasing.
s.'.,ss,.nce. the senate got bold on The
rcs,a1. a commission bill this week and laid
:, -, ,he ,,ble after a days debate. III was
Ina 40 death. To-day the House passed
-. ,-,,r YEAR Axp YADKIN VALLEY RAIL
30" ROAD BILL.
IAwrh a few amendments, limiting the
Va az employment oi conNicts anu re-
a c,,irins branch 80 be buiit 70 laueisoh,
q 4, caldwell county. and RIO Sboe-hcei' near
~, ps,adisc OF the Swamp-Angels, TO the
Sa...h Csroljna line. iiIs the bill that passed
a. senate a few DAYS ago. The provisions
n "a TO bill are Of interest 10 Richmond. as
10 r,s5 when built will cross the Rich
81 ND and Dauville road ~ Greensboro,
n - vii develop q section OF northwestern
4 North Carolina now tributary 10 Richmond,
Il Danvillc. and Lynchburg. The Governor,
q scers.ary OF state. Treasurer, and Attorney
81 General are q commission 10 sell the stock
81 =, 10 STATE 20 a syndicate Of New York.
N,,,ipia. and North Carolina capitalists
a a. So 600 cash and $4,000 with
4 'c.-,,ed interest Of the bonds Of
& ,bo company, par value. which were
q ,,,,rcbased hy the state I'm 1879. said bonds
q "a intercst 20 lie transferred 10 the pur-
81 cbs.ers when the purchasers shall re-
y o,,,,nize the company IL viii have the
E Liver 10 mortgage It's property and fran
q ibise. 81 the rate 81 $4,000 per mile, bonds
80 hear 6 pcr cent. and run thirty years
nd h. q lir,t lien. OF these first MORTGAGE
q Lood. the company j. 10 pay The STATE
Il So, 9-nO5. During the construction OF the
q road The state i 10 furnish the number OF
rouyicts provided for IN prior acts, on The
s,me terms. and their hire Is 10 be paid for
4 i'm art mortgage bonds. The company has
general privilege 70 build miscellaneous
q branches and 20 swallow up any road thai
i smaller than it i by first catching It and
then getting a hold on il through It's mort
gage bonds.
rHE WESTERN NORTH CAROLINA RAILROAD
BILL
ras.cd the House Of Representatives last
4 Mini by an overwhelming vote, and Of
3 course viii pass the Senate. AL the rough
s odrcs have been smOOthed down by con-
q cessions and compromises. and the Dlil i
q Kind of omnibus Till, o. agreeable 10 the
4 million as the millionaires. The bll rs
8 ,assed rcpeas the clause Of the law OF 1881
4 which forbids The foreclosure OF the mort
4 c-a,.e bonds Of the company until The road
shan be completed 20 Murphy, IN Cherokee
q county. While this clause stood the Donds
3 were not marketable. and that IS exactly
what the Terminal Company wishes them
a 10 be. a. they have spent good zeal OF
4 money on this road, first and last, ana are
q auvioIls 20 have some little Of il coming
4 N1~r,.frr,o ffffv enpx.igfz are 10
Dc ken; II work on the other side on the
Naptqbala. on the Murphy line. The Che
rokee peoDie will lie served with North
and-Soiith road from the Atlanta Airline
10 Knoxville.
The Democratic caucus met last night
and agreed upon bill
KEpIsTEIcTING THE STATE.
II went about il in busineSs-like way,
made no apologies, and did It's work thor
oughy. All the negro counties were
grouped together. and the black district
was made 10 show 10000 Republican ma
ioritv. The other counties OF the state
showed a Democratic majority Of about
1900. Then they parcclled out into eight
districts. most agreeable 10 the interests OF
the territorial divisions, or IN other words
10 the wishes Of the congressman in train
inc. The counties along the line Of the
Carolina Central railroad, from Whining
ION 20 Charlotte inclusive, are in one dis
fric; All The counties west Of the ridge
arc in one district. The county Of Carteret
j. placed in the First district; Hartford
and Berthe are thrown into the negro dis
trici. aud WAYNE i transferred 10 the Third
district. in the stead OF Carteret and New
Hanover.
Mr.. W. j. Best seems to have come to the
end Of hi, tcther at last. ! say seems adj
gisedly, becausehe has IS
MANY FINANCIAL SCHEMES
n cat has lives. and always turns up rs
clipper - one would ike. Two years ago
he wa settling The states debt for her.
forming syndicaies 70 buy and build the
Western North Carolina railroad, making
the much-sp0ken line Of our fathers from
The ocean 10 the Tennessee. buying the
Washington and Western, projecting the
North Carolina Midland, leasing the Allan
lie and North Carolina railroad, mendine
broken banks in Boston, and luXJTiating
In Tie reputation OF q phenomenon rs a
Trust Company receiver. Now his melan'
choly DAYS are fun OF trouble. The state
debt settled Itself pretty well. the Washing
Ton and Western railroad has gone 20 the
hammer. the Western North Carolina rail-
( road has passed into the hands Of the Ter
= minal Company, the Pacific Boston Bane
won't stay monded, Judge Phillips has aIr
pointed a receiver for the Atlantic and
North Carolina railroad and the Noril
Carolina Midland railroad. and IN investi
eating committee is oyerhauling Mr.
Best's conduct a. receiver Of the Trus
Company. and the HTG!d holds him up a
an awful example.
The committee on
TIE NEw CODE
willrevort it to-day. The Code commission
Hons. W. T. Dortch, John Manning, anC
John Henderson. have worked continuously
and inieIliCcntly 10 make codlicauon o.
the laws that would be satisfactory and
simple. The work is said to he very vel
done.
The Agricultural Department bill, re
modelling The Board OF Agriculture, wa
under discussion lsst night. 1t was sen
back 70 the committee. IL will very likely
pass. and one member will be chosen from
each congressional district.
! am sorry that the House failed 10 eX
tend aid 20 the Tobacco Fair at Durham
1t j. the initiation OF a system OF special eX
hibits that will tend 20 promote every IN
dusiry that ayails itself Of il.
a Matamoras telegram says: Louis Fer
nandez and Carmen Liza, aged siXteel
Years, after binding their bodies tOgetbe
with rope this morning sprang into %
, 1aTa river and were drowned. They hat
been Keeping company for some time
flrsa 4 iaA ~