Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1903-12-10
THE 4. Z n. c. LEASE.
1T WILL BE DECIDED SOME
TIME TODAY.
An Opportunity For the Physical
Development of Eastern North
Carolina That Should
Not be Permitted
to Pass Unim-
proved.

This Thursday morning, Dec
lember 10th, the stockholders of the
Atlantic and North Carolina Rail-
lroad Company will meet in New
bern, as per adjournment at their
tSeptember meeting, to consider the
proposition offered at the September
Injecting, and still pending, to lease
1.-THE A. & n. G. Road for a term OF Of
lyears, on a dividend-paying basis,
fixed and certain to the State and
Iprivate stockholders, maintenance
Eof the property in good physical con-
EDITION, payment OF the interest on It's
bonded Indebtedness, the llqul-
Idation Of it's floating Indebtedness,
land extension of the road fifty miles
| westerly from Goldsboro.
The proposition was fully endorsed
land accepted by the private stock
! holders Of the a. s n. G. at Their
lSeptemDer meeting, but the Cover
Inor being adverse the lease could
not be cOnsumnlated, and the meet
ling adjourned until December 10, in
lorder to give his eXceilency full OPP.
Iportunity to investigate the propo-.
Isition and deliberate for the welfare
| of the State.
| In the meantime, the names OF the
gentlemen constituting the syndi-
cate that propose to lease the road
nave been made public, and they
Iare all men of business sagacity, WAC
lin their private affairs have achieved
success, and as patriotic citizens have
lever been foremost in promoting the
welfare of the Commonwealth and
the public interests Of their sections,
land whose integrity IS men anu
whose fealty as citizens cannot be
questioned.
The ARGUS does not believe that
the days of patriotism i'll business are
lover, that men have no interest be-
lyond self and no ambition beyond
tine limit of their w activities ana
horoscope.
Western North Carolina was an
unknown country while the railroad
of that section al in the hands Of
1.-THE State, and administered subser-
Went to political behests and ambi.
Itions. When that road passed into
purely business hands, the tabled
IpoWer of AIadin's lantern paled be-
fore the reality of Industrial achieve
lments in all that section, which Dol
lcame to be known, the world over,
las the Gland of the Sky" ana
Throughout all Western North Caro-
lima her wealth of climate and physi-
ical beauty and hidden resources
drew thither developing capital by
tine miiliOns-and the end is not YET.
La fact, the story is hardly begun.
| Give eastern North Carolina d
chance with her railroad III purely
business hands, administered by
men of largeand diversified interests
in this section, and we will soon be
known as the Gland of the Rising
lSun, ",with dormantresources marve-
llous to contemplate and only await
ing opportunity for development
Isuch opportunity as is offered in the
proposed lease and extension of the
A. & N. G. h. r..
AS the ARGUS has said before, it is
lnow up to the Governor to say how
lall this shall be. His eXcellency has
tgiven much of his administration
land his personal activities to the ed
EDUCATIONAL development of the STATE,
land commentaries. Butithas been
1.-The rule in North Carollna-tne eX-
iceptions proving the rule-that
when her sons have become edu-
lcated they have to leave the State
for opportunities to probably exer-
Icise their capacities. This should
mot be:-certalnly should every OPP
| portunity be improved to create pos
isibilities within our OWn borders
. LIT behooves the Governor, therefore,
i las we see it, not to thwart this un.
| precedented opportunity of putting
!. the physical development of Eastern
North Carolina on a pace with bel
!, educational advancement: beside;
f towering into the treasury of the
t, Estate and into the pockets of the
Iprivate stockholders of the A. & NC
RAILROAD a heretofore unheard 0
: dividend while the road has beer
administered by the State, and alto
r gether unhoped for if it remain SO
t mot to speak of the extension of tn,
road fifty miles westerly from Colds
boro, if leased.
4 Jumped on a Ten Penny Nail.
ii The little daughter of Mr.. j. N
e Poweli j1mped~onan inverted rak
made of ter pennv nails. aud thrus