The state chronicle. [volume] (Raleigh, N.C.) 1883-1893, 1889-01-04
FAVORS SELLING
The States Interests in Railroads and
Giving Away the SWamps.
Especial Cor. OF STATE CHRoNICLT.7

Especial Cor OF STATE CHEONICLE.1
| wish to say, through your widely cir
| cuiafIng and valuable Journal, that am
conhient that the Legislature that will
convene IN Raleigh in a lew days, should,
without delay or dissenting voice in
troduce and pass bill to authorize GOV.
Fowle to advertise and sell the States in
terest in botil the North Carolina and tie
North Carolina and Atlantic Railroads
and another bill.to give away the states
interest in the swamp lands to the respec-
tive counties in which they lie. The funds
arising from the States interest in these
two roads should De used in paying OF the
States Indebtedness as far as il will 90.
Ii this Is not done il t. kes 40 prophet to SEQ
the State Will soon be egislated out Of every
cent she owes ~ them rs has heretofore
always oeen the case, when the Legisla-
ture had unrestricted power to legislate ou
property belonging 80 the state.
GOV. Jarvis and Dr. ] ". Worth made
TINS very plain, and til history Of nearly
all, II not everyone, proves the Legislature
of our state is utterly Incompetent to man
age or lesislate wisely uf bauks, railroads
and most other matters wherever he state
Is interested. AS proof of this, | think it
VIII be impossible for any person in the
State TO point 10 a single instance in our
history where this, or any other state.
with but few exceptions and certainly
never i'll this State has invested a
dollar II any work of improvements and
given 1t TO the manage ment OF control OF
the Legislature that he money has not
been lost aad q complete failure insured.
OF course the ASyluus, i'enitentiary auG
and like institutions, that are kept up b1
regular assessed taXat n, are exceptions
to the above general statement. 1t has
been the uniform rule n this State, when
ever a work of improv II ent begins to pat
regular dividends for som one or more per
sons, or 1t may be 4 company, TO devise s.
plan or plans to seize upon It's profits Oh
IN some other way to make il contribute.
to aid in building or extending some other
work Of internal Improvement in the State
which ruluouS policy always has ana viii
prove disastrous to the State and all il
terestcd III the handicapped improvements
OF course the parties Immediately inter
ested IN pursuing this suicidal poiics
will differ very widely with ne, and will
more than likely, with much zeal md
great clamor, oppose selling the State in
terest IN the roads mentioned and paving
off our State debt. But rs Il friend Of in
ternal Improvements ana a St0ckhOlder in
several Of our roads, and one who ear
nestly desires to see them prosper and in
crease, in a way and by men that will take a
pride and pleasure in seeing them great
auXiliaries in building up all our agricul-
turai, commercial, manufacturing and
mining Interests, desire to see them sold.
There is little, if any, hope of this ever
being done while the State owns or con
trolls any part in any one or u re of them.
Let the present LegislatL e. without
fail, pass law to sell ont IL states IN
telost in all Of our roads : ercver she
owns a dollar and give AVA the swamp
lands to the counties wher they lie,
and save the expense of jtigar on and pay
ing lawyers fees If any one wishes 10
know how much has been paid by tie
State for these purposes, will call for tho
necessary documents, he can Don sec.
ID. +. CALDWELL