The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-02-07

NORTH CAROLINA.

p,upa.n rcrsr ATIoN--1HE CAPE FEAEA AM
y.nrrx.v.rIry RAILROAD AND ITS Pho-
yrfTrp rxTENs1oxs--THE TERMINAL IN BE
EsT-TuE VIRGINIA AND PAI.METT0--pSAin
or A VENERABLE LADY AssIGNMESis'
lCorrcspondencr Of the Richmond oispa'cn'
RurIGu. N. c., February @, 1888.
Legislation is becoming interesting nov.
The ISickiugs have been reserved ior lne
last, and are to he enjoyed on sci uays.
sncc,al orders are fixed for several days
ahead. xs,,;r-
Tomorrow the Cape Fear and fadkin-
Valley railroad bill will he taken up.
II Is one OF the most important measures
that has been considered this session. IN
n few words. the proposition IL to buy tne
States interest in the road and to compete
II TO Greensboro, where II will cross tue
North Carolina railroad on to Walnut Cove,
in Stokes county, near which are ceie-
brated iron-deposits and coal-seams, thence
through Patrick county, VA, where u VIII
find connections with the Norfolk anu
Western. From Fayetteville the ROAD VIII
he extended 10 the South Carolina line,
and will develop a superb agricultural
cotton. and corn section, and viii evenlu-
allv follow the Cape Fear TO Wilnihgtoh'
The State Is asked virtually TO give away
its stock in the road. Whatever Is offered
for IL Is offered in the form OF bonds, az III
tbe case Of the offer Of the West Point
Terminal Company for the States stock In
the Western North Carolina railroad. Both
bills will very likely pass. with modiflca-
tion. The railrOad-men are collecting In
SQUADS. NJ. Wexford. representing the
VIRGINIA and Palmetto railroad interest,
that il TO have one terminus in Richmond
and another somewhere in South Carolina,
and which. like all roads ! have ever
seen chartered. l. sure to be built, and
that very shortly. watches the course
of his bill patiently, and on Saturday
had a substantial success IN securing us
massage through the House. The general
sentiment favOrs the construction OF any
road that capital may project. so whether
this road il in the interest OF Mr.. John
Robinson or not, and whether it will I'M ure
the Petersburg and Weldon road or not, IL
not matter OF much concern TO legislators.
There will be room for all. Mr.. W. j.
Best is here i'm the interest of the Boston
syndlcate's Midland North Carolina rail-
road. President Gray, OF the Cape Fear
aud Yadkin-Valley railroad. il also here.
Every railroad seems 10 be taking care OF
isself. and there are no open fights so far
to enliVen the sessions and the Hobbies.
Mrs. Governor SWAIN died yesterday OF
violent bronchitis. She was eighty-three
wears old, and was one OF five sisters who
lived in quaint, old-fashioned house, a
hundred wears old. all OF whom attained
fourscore years. Three married, two re-
manned single. Within the last year they
have all died off but one. They were
granddaughter Of Governor Caswell, the
first Governor Of North Carolina.
Everybody here was greatly panied to
hear that Mr.. w. S. Battle, the owner OF
the cotton mills at Rocky Mount and of
several large Edgecombe plantations, had
made an assignment, and that his liabilities
are near quarter o! n million. Mr.. Battle
is one Of the most estimable Of men. and his
will come like an alllictioD. The
trustees are Judge Howard, Of Iarboro',
and X. ii. Battle, Esq, OF this city.
Mr.. Alfred Robinson, q dry-goods mer-
chant Of this city. made an assignment last
night. Liabilities are, learn, about Sl0,-
600.