The Sumter banner. (Sumterville, S.C.) 1846-1855, February 19, 1851, Image 1
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DEVOTED TO SOTJTIIEBN-RIGIITS, DEMOCRACY, JN]WS, LITERATURE,
1 1
n. J. FRANC 1.81 Propri Itor: a Q Oa-a1Yy, Our , tfis ; noo. V
VOL. V, SUM.TERVILLE, S. Co FEBRUARY 19, 1'
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Office of tile Wilningtona as1d
Manchester R It. Comepariny.
MARIoN C. H., JANUARY 20, 1851.
To the Stockholders of the Wilmington
and Manchester Rail Road Company.
GENTL.EIEN-The President and
Directors beg leave to submit for your
consideration their Third Annual Re.
port of the affairs and condition of the
Company.
For a full account of the progress of
the work, they beg leave to refer you to
the report of the Resident Engineer,
Mr. Fleming, herewith submitted. It
will be seen that the amount of work
done during the year past exceeded that
of 1849, in excavation and embank.
1ment, by 133,385 cubic yards, and that
the increased value of all the work of
troy 'erthe year 1849, is 815,.
f whole of the work of thu
-t .; 'ck~ i mnpany, txcept
04,106 31, which was paid in cash, to
contractors at and near the western ter.
minus of the road. The increase in
work has not been such, however, as we
had a right to expect at our last annual
meeting, from the contracts then taken
and in progress. The causos, then rip.
.prehended to some extent by the Board,
.have been alluded to by thu report of the
:Enginee-, why many of- the contracts
have not been completed entirely, and
why a few have been given tip by the
.contractors. It is- believed, however,
that though we may have to pay a
:higher price now for the work, that ar.
rangements will be made so as not to
cause a's much delay as was at one
time ap ,heuled in the commencement
,of lay. I own our Iron, which under
our contract for that article, will
commence arriving during the present
month..
The Board, at their meeting in May
last, in conformity with the wishes of the
Stockholders, expressed in their meeting
in January, instructed the President to
contract for three thousand toils of rails,
to be delivered in January, March and
.May, of the present year, to be paid for
in cash as received, and also to make
arrangeinents to meet the payment
-therefor out of the subscription of the
Stato of South Carolina.
In accordance with this order Maj.
-G wn n was reqjueste'd to close a contract
with James Dunlop. Esq., of Petersbutarg,
Agent for Cruitwell. Allies & Co.,
WVales, for 3000 toins of T. rails, to lie
delivered and paid for as directed, and a
contract wvith proper spocificat ions was
accordingly entered into oni the 21st day
.of May liaMt, providing for its delivery
at shaipsidei ina Chtarleston, at 8411 per ton,
freight, duty anad inasusrance iacluded.
'T'he first cargo has not yet beenre. .
.ceived, though from infobrmaiota from
Mr. Dunlop, int November last, it is
.daily expected to arrive. Provisiona has
been made to meet the payment of the
amount contracted to be delivered dur.
lng thais month, anad we feel nao appre.
kaeosion that we will niot be ready for the
,rest.
On the 16th inst. thme requisite proofs
required by the act of the South Caro
lina Legislature, passed ini 1848, mak.
jnga abscipton f 200,000o to the
s tock of this Company were prodtaced,
and the first $100,006 provided to be
paid bay that act was received from the
~.vComptroller General, b~y thea:ransfrer of
a eight hundred shares of the Stock
.i. of the South Carolhna Rlail Road
Company, with the tiall nmounat (6125
per share) paid in. Thlis Stock .has
b heen phaiced in the hands of one agents
in Charleston to be disposed of as. we
,~may deem best for our interests here
.0,after. Sufliuieat assursiaces haive becen
lad that we could receive by a loana
with the pal-dge~s of the Stock, any
ntmount which muy lhe requaired o meet
rTelan paymenr'at en ou'r lion, sand the ini.
paroving condsitioanad parospects of .the
Stouli att presetat indshieo~ thea proprijety
of lhaig it, sat least tilltal'tor ailler. the
g!,ra hcominig report oif athe' Presiem nmni
I )i rectrors ofa thle Sonh alaarl isn ia ih
Iloadi CoJnmavhs whch. it is nn-tlertot:b
will be favorabtle, and which, it is not
doubted,. will appreciate the market
value of the Stock. It has already sold
for 6110 with the whole instalments
paid in, and with the large amounts of
money seeking investments, there are
strong reasons to believe that with as
favorable an exhibit of the affairs of the
Company as will be made it may in a
short time be at par.
The Board expect during the ensuing
spring to apply for and receive 650,000
more of this Stock, under the act of the
Legislature of South Carolina. which at
$ 110 even will be more than enough to
meet all present engagements for Iron,
but they do not deem it advisable to
provide for any immediate application
of this fund, other than that of paying
for the Iron contracted for, as it is bad
policy to put it out of our power to hold
it so long as the prospects are fair for a
disposition of it at or near its pas value.
It is deemed but proper to state that
the reason the $100,001) were not sooner
applied for waN that the Board of Direc.
tors of the South Carolina Rail Road
Company during the last year called
for the remaining 825 per share due
upon the Stock, and for us to have taken
it before that sum was paid in would
have imposed upon us the necessity of
paying $25,000 on it. When it was
well known the Legislature would pro
vide for it otherwise, which has been
the case. So soon as the instalments
were paidi up we have availed ourselves
of the subscription, and that was as soon
as oir arrangements required.
With respect to the work in North
Carolina recently put under contract,
many difficulties presented themselves
to an earlier arrangement. No con.
tractors could be found there willing to
take the contracts for stock. The pay.
ments on the stock at the rates of 5 per
cent. every 00 days could not be relied
upon as sufficient to keep the work pro.
gressing. and the President in July last
proposed to the Stockholders in: Wil.
mingto; as the only esort to got tie
4v 9(anIthn pays9A1c% -tok ..'
n(10gelt one 'ami two A rs, Which would
t~e about the avragb times it would re
quire to collect the whole instalments,
and with thes' no.es to pay for the work
as it progressed. To this nroposition a
portion of the Stockholders promptly as.
sented and notes were procured payable
at Bank fir about 845,000 on those
terms, by which the contract for the
whole grading in North Carolina then
unlet was put ur der contract, to gen
tienmen whose energy and capacity had I
heen fully tested previously on the work j
in both States, and whose character fur.
nish a guaranty that the grading in that
State will be completed this year in time
for all practical purposes. The other
contracts fir grrding and superstruc
ture there are progressing in a manner
which gives a favorable promisEs of an
early completion or it.
To the report of Treasurer herewith
submitted you are respectfully referred
lihr the receipts and disbursements of
the funds of the current year ending on
Ist January inst. shewing in the current
expenses of the Company 81,347 00 I
less than the current expenditures of the 1
year previous, and it may not be amiss
to remark that in the salary account
was an item of $251 06 for the salary
of the General Agent for the previous
year, which is properly chargeable to
the expenmses of that year, us that ollice
wats abholishied at your Inst meeting.
The number of Assistamt Engineers
on t he line hans bet n reduced, during
thme spring anid summer or the last year,
to four, who has each a very long line to
sumperinitend. but it has not resulted in
any inlconivenliece or delay to the con.
tractors arid the number will not be in-.
creased until impijeratively demanded by
a lamrge increase of work on the line
reuiderinig it necessary.
You wiill perceive by the statements
of the Enginteer, estimates submitted
whuich are necessary for the completion
of the Roadl to Sumterville, to the pointt
of Lynch's Creek, and to the end of
forty miles frm tihe Camden Biranchi of
the South Carolina Rbail Road( respec.3
tively. it is proper, in the opinion of3
ilhe Boardi, to provide money for the
work yet to be done, bet wixt Sumterville
and thle Canmden Branch especially, and
prudenmce would dictate that is the safest
reliance on thme whole forty miles. To I
meet this~ expendtiture at least 610,000 I
balance in the hands of tho Tlreasurer
may be relied upoin. From payments
on inastalments it may be safely assumed
that from eight to ten thousand dlollars
more can be realised on the line west of
the Pee D~ee river. This will leave a<
deficiency to be provided for in money,r
if tie wvork is pushed forward as it 'is
desirable to do.
Blut experience renders it improper to
rely with any confidence on the
payment of instalments in cash on stock,
as so much of it is taken in contracts
by tn stock holers and others, that it
it is diflmie t p> tell whto will pay tip mi I
full, and who will not. All have the
privilege of wvorking out their stock, and
soime even a fter t hey coummence paying,
in money, make arrangemients to have
the balance worked out, rendlering iti
out~er bannosihin to annp-om.aoa
estimate of receipts from these quarters.
The estimates made last year were that
885,000 would be received in money,
and they were thought reasonable, but
it has turned out that only 815,037 45
was in fact received.
A very large proportion of the stock
in South Carolina is already contracted
to be paid for in work, and it is unsafe
to make contracts for money dependent
upon any considerable amount deriva
ble from them. The subscription of
the State of South Carolina will be in
part required for Iron already contract.
ed for, and necessary to put the road in
operation forty miles when the last
instalment of 850,000 will be paid, so
that other reliable resources must be
looked for to meet all the expenditures
necessary to put the section of forty
miles in operation.
The application of the town of Wil.
mington to the North Carolina Legisla.
ture for authority tosubscribe8100,000
to the Stock, and to issue 0 per cent.
Bonds at lifleen or twenty years, has
been granted, and the subscription on
the part of the town under thearrange.
ments with the Company authorised by
your last meeting will soon be made.
it has not been practicable to put the
Bridge at the Pee Dee river under
contract except for cash or a very large
proportion of it, and it was not deemed
advisable to do so, till the Company
were in funds to meet the expenditures
for it, which was not the case, without
diverting them from the more important
object of constructing the road from the
junction east.
One thing can be done by the' Stockhol
ders now, and that is to limit the time when
subscriptions for stock shall be considered
ls authorised to be paid in work. Notice
was given to the South Carolina Stockhol.
Jere last summer who were in default in
payment of their subscriptions that unless
'ontracts were taken in a given time,
(which has passed) the subscriber would
be becided to have elected to pay in money
and treated accordingly. Many additional
contracts were then taken, but it is certain
Lhere are yet man, 'who rd
hought tuc proper to refer the whole niat.
er to the Stockholders new,-who may fix
<ome limit to the time when the stock can
be so paid up. This would enable the
hoard to make the estimates to be received
n money, and they could act accordingly.
During the past year inquiries were in
itituted and negotiations commenced in
elation to the purchase of iron on the Bonds
f the Company, or for part cash and part
ionds, but the difference in the credit and
:ash price, was so great as to induce tihe
>oard to decline any contract on the sub.
ect, as they were satisfied that the v could
eil the bonds of the Company, and pur
:hase for cash on terms which would save
nem from 30 to 50 per cent, in the trans
tction.
The question presents itself now, What
a best to be done in order to complete our
-od and put it speedily into successful ope.
at ion!
The Board feel no difficulty in answer
ng promptly and frankly the question, and
.hat is to express their entire concurrence
n the suggestion of the Engineer, as to is
ming mortgage bonds for the amount re.
juired.
Iron is now lower than we can reasona.
ily expect it to be in many years. The
)resent prosperity of the country will re
milt in bringing forward new enterprises
which will so increase the demand as to
ive it a higher value. Money is abundant
broughout the country and seeking invest
nents, and Rail Road securities are in
reater favor now in the city of New York
an they have ever heretofore been. An
exhibit of recent sales of mtortgage bonds
fComnpanies with no better securities than
oars could plresent, give every assurance
hat we could enter the market favorably
mnd get such a price as would enable us to
oon with a saving to the Company, (for
tmust not he forgotten that interest is pay.
able on the wvork already done and paymaenlt
nade, arid that in progress till the comphe
ion of the road.) T1o get into successful
>peration one year sooner evenm, would ena
al the Company to make from its earnings,
as much as it could loose in discount upon
heir bonda, as must be apparent to aniy
vho will carefully consider the report of
he Engineer as to its business and op-ra
ions. Our capital now on the book-s is
vithin a fraction of 81,000,000 and quite
hat with increased stock in contracts not
'et credited. By the end of the plresent
-ear the road will hav'e been fully graded
rnd prepared for the reception of thse re.
naiider of the Iron, in as substantial a
narnner and on as favorabtle terms as any
ther. With a portion of it in operation,
md4 with the amount expen~dedi and the
alance available, we could realise a fair
rice for onr Honds, purchase our Ironi, and
o on speeddly to a successful termination
four work, which wvhen completed, noe
ne, wvhose opinions are entitled to weight,
oubts hut that the stock woui soon be at
ar. By a sale of this, if it should he do
irable our bonds might he redeemed, (an
peration very commnon wvith some of the
nost profitable works of the Southern coun
r)and( thae early consumamation of our
vishies secured.
By the fourteenth section of the act in-.
orporatingr om1 Coumpany, the Directors
re not athorisedl to issue certificames of
oain convertible iinto stock, or to mortgage
ho road as a secuarity for such certificates
if loan wvithout the assent of two-thirds of
lie 'Stockholders entitled to vote at a gen
~ral mnfeting of the Company. It is there
orc submitted to you whether yon will by
onch a vote so direct the issue and sale of
nortgage bonds, and what amount you will
mitliorhse so to be Issued.
Th'e Board have felt roluctant to recoin.
nerd s uch a corse, as.. hey s a .nth
general desire of the Stockholders to build
the road without incurring large liabilities,
and it might perhaps be done after a long
time, but the anxiety manifested by the
travelling public for its completion, and the
certainty felt by them that our indebtedness
will hasten its operation and business, and
enable us to realise its benefits before con.
flicting enterpri-es get the start of us in the
travel and mail transportations induces
them to do so. More especially when there
is now every prospect of raising the value
of our stock to a point which will enable
us to substitute it for the Bonds of the Com
pany before a great while after it coptmen
ces operations. One fact is deomed not
unworthy of being mentioned in support of
the opinion of the Engineer as to the busi
ness in transportation of the road connec
ted with the production of cotton in the
country tributary to it By the books of the
consignees in Charleston it is ascertained
that during the season of 1849-'50 88,503
bales of cotton were carried to Charleston
by the boats plying on the Great PeoDee
River. From the reports in Georgetown
it appears that during the same season, 18,
300 were shipped from that port, and from
the census of Sumter District, recently to.
turned, it appears that 18,000 4001b, bales
of cotton were rnade in that District in the
year 1849. This makes in the aggregate,
74,863 bales of cotton for the year 1849,
produced in a region tributary to our work,
and for a part of the year mainly de fendont
on it for market. The census of the past
year will, it is beleived, exhibit folly as
great an increase in other products over
the last.
With thenrospects now before us, it is
idle to think of withdrawing in any manner
from the vigorous psosecution of the work.
How it is to be carried on is to be submit
ted to you however, and the Board feel eve
ry willingness to conform to your wishes.
W. W. HARILF*,
President.
Engineer's ofnee Wilmington and
Manchester Rail Road.
JANUARY 20 1851.
GEN'L. W.. W. IHAitLEE,
President IVil. 4. Man. RaiI-,oad:
SIa.-I ave the honor to uili it for,
the infortni tln of the Board, thtV l n
nual Report of ibis departienfx
4e progreps ef, tjae wyik.
The acconpaneying; abstracts, marked
A, U. and C, exhibit, in detail, the pro
gress of the contracts for Graduation in
each month of the year; .he amount execu.
ted during the year, and the total amount
from the commencement of the work.
The amount of work done during the past
exceeds that of the previous year 133,38.5
cubic yards, equivalent to the average re
quired on ten miles of Road; and the
amount executed at the expiration of the
year is equal to one-hafof the total amount
required in the Graduation of the whole
Road.
The high price of cotton during the year.
and the consequent increase in the demnand
and price of labor, induc -d some of the
contractors to withdraw a larger number
of their hands, during the summer months.
than was anticipated when the contracts
were made, and when cotton was selling
tnuch below its present value; while others
have abandoned their contracts, preferring
'o forfeit the resccation of twenty ive per
rent, of the value of the work executed,
and pay up the retiminder of their Stock to
cash.
Under instructions from the Board I
have entered into a contract with a Comi
pany of Stockholders for the Graduation
uncontracted for in North Carolua at the
date of my last Report. From the known
energy and experience of these gentlemen
on other portions of the hne, I have every
assurance of the speedy completion of th'e
contract, aid in a manner satisfactory to
the Company.
Betweenm Numiterville aind the C!amden
Biranch, the conltracts for Graduat ion are
or will be compnlietedl in time for tihe recep
tionm of the Iron, with two e'x(ctions,--the
first adjacent to thle JumnctI ion, anid thle lat
t er on the westerm smile oif Canie Xavcnnia
Swamp, atid contammicing respect ively 17.5(0)
andt( 33,000) cubc yards. Eflbrts have
boeen inad to relet the httler, anid to ubtaiin
additional force to) iamteniIlt the cmletionz
of the former, but withiout suiccess. On
this portion of It ie u lie conii tts have
bieen ditficult toe let. from lie heavy work
resmttred ont the G rauationi, thne 'infonior
quality and searcity of tiniber, and the
di thicuhly of t ransportinig it to the line of
the Road. As the I ron for uthis poirtion of
the lload will soon arrive in Chai~rleston,
sonme prov'isin shuld hibe imiade for the ox -
pettnitres requiired to limt it itin prat ion,
whInch are monret pa:rt miularly ex.~ph cied iin
statemet markei I) h er-unmtoc anneicxed.
nhtided in t his emt malte is t he cmost of oine
Locoiunotive, one1 Il'assencger coachi, one
Baggage, and ten l'reght cars, wich will
be sufficit to wcrk thle hue until its conm.
plet in to I )arIhnigtoni.
Thie Irn comiir.iteid for (300)0 Toics)
will extend fromit thle Jution to the fltoad
eastt of Lyneces'Creek, procvided nto ncortionh
(if it he uised in tihe coinstrin of 11 Turn
outs, for which a lighter l iil will aniswer.
For laying- douwn thne remiainder oif this Iron
betweeni SumitervileI and thme lioad east uif
L~ynchces C reek, and for the purchamse (of
turtnout Iron, 2!0( tonis for thet minii track,
and tine tcomp liniof forty uiniles, upjn
which thne last instahnimett of the State's
stubscripctionc depeneds, theii further stums
set forth in stateiment E will bce reuiredl,
arid to whlichi youtr at tenttion is directed.
These estimtates are focindted uponi tiue
assumiption that tine conctracts ini exieeC
wvill bce comipleted; but if conctracry tco my
ex pectatiouns any of them are abcandotnod, a
mtiligroa ter sumii will be requciredl.
I wVotldi respectfuill y uirge upon01 the
Bo~ard arid Stoechlhi'rs the mcuprt aince of
providincg tine umans foir the iimnecdiato
comcpletioni ouf fcoriy iuiles ncdjoining the
Comdtnen lIranchi, wvithouct which thce ('com.
pany cannot roeahcso tine last iinincent of
AN000 of thne Nitt' suhecrintian. In
operation for forty miles, it would inspire a
new confidence in the speedy completion
of the whole line; stimulate the Stockhold
ers and its friends to renewed energy, and
by the transportation of the productions
and travel from the Distrtcts of Sumter,
Darlington and a part of Marion, add large
ly to the available means applicable to its
extension towards the Great Pee Dee
River.
Although two years have elapsed since
operations were commenced, yet a little ex
amination will satisfy the most sceptical
that quite as much has been accomplished
with a less expenditure than on any work
in progress. Nearly eighty miles of the
Graduation are prepared and ready for the
Iron, the timber for the larger portion of
the forty miles is being delivered, and the
Iron for 37 1-2 miles will be delivered in
Charleston by the first of June, ard it only
remains for the Stockholders to appropri
ate the necessary means to have it laid
down by the first of the ensuing year.
The following estimate of the cost of the
Road has been hastily prepared, but it is be
lieved the actual cost of each item will
not exceed the estimated amount, and it is
possible will fall below it:
Graduation and Bridging $470,000
Superstructure-Iron51 bs.
at present prices 850,000
Warehouses and water sta
tions 55,000
Superintendence-if finish
ed within two years 40,000
Contingencies 6,000-$1,415,000
3MACurIIIaY
8 Locomotives $55,000
8 Passenger Car 16,000
6 5ail Cars 9,000
60 Freight Car. 48,000- 129,000
Total coat of Road and outfit $1,550,000
The total length of the Road is 1619
miles, and consequently the cost per mile
is 89.574 which is far below the cost of
any Road constructed with as heavy Iron,
and on so permanent plans.
It is believed the returns of the United
States Census, which has just been com
pleted, will'exhibit an increase in the pop
ulation and productions of the counties and
districts through which your Road runs
much larger than the average increase in
the Southern States. Until the results are
publjshed, we have no data upon which a
correct estimate canh formed of the traffic
. your Road, exceptby a comparisoi wth
jinil n
and through Passengers etween the
North and South. Amo - this number is
the Wilmington and Raeigh Railroad.
An intimate knowledge of the country
through which it parses, its local business
and resources, enables me to institute a
comparison between the traffic of the Road
and the amount your Road will receive im
mediately after its completion.
''According to the last report of that Com
pany (made in November last) the receipts
of the previous year from the Rail Road
were as follows :
FRoM LoCA. BUsINESs.
Pansenger $62,382, 62
Freight 71,051 26-$133,433 88
Through Passengers $96.853 33
Mail 40,477 50- 137,330 83
Total $270,764 71
It will be observed that the local busi
ness amounts nearly to one-half of the to
tal receipts ; and this is an increase over
the previous year of $20,235, or nearly 25
per cent., and with increased motive power
and machinery, and the Road relaid with
a heavy rail, no doubt is entertained but a
corresptding increase will ensue for sev
eral successiveyears. The country through
which your Road es contains a larger
population, its ructions are more varied
and valuable, and consequently will bear a
higher rate of transportation than those
transported on the Wilmington and Raleigh
Rtail lload.
I assume it, therefore, as an incontro
vertible fact, that the local business of your
line will exceed, while the through passen
gers and mail will yield the sanme revenue
aontbe Wilnington and Raleigh Rail
Rtoad.
Ta'king these receipts as a basis, and
withotut taking into consideration thc in
crae tratv'l which most inuevitably re
sult from a Railway connection (thuts dis
pensing with the sea voyage) and the great
er number of persons who will be induced
to travel us the avenues of communication
are multiplied, the speed increased and
fare reduced; and allowing the exfpenses to
be one-half of thei receipts, it would still
yield a dividend of seven per cent on the
cost of the work, and leave a balance annu
ally of $26,882 to be carried to a sinking
fund for the reduction and extinguishment
of the debt.
Now thtat all hope of aid from the State
of Noorth Carolina for the next two years
has fled, othier resources must be looked to
for raising thme reimainder of the means
necessary to complete thee Road, During
the present year the subscriptions of the
State of South Carolina and the town of
WVimington, and about 8150,000 frome in.
<bividul subscription, amounting in the ag
gregate to $450i,000 will be available and
can be expenidedl on the construction, wvhich
will make a total amount, together with
thme subscriptions still due will be a sufli
cient guaranty to obtain by lean the defi
ciency of 800)0,000. And I recommend
aind respectfully urge upon the Stockhold
ers the imeportanco of authorising the
Board to negotiate a loan of this amount,
upon the faith of the Company's Bonds,
convertible into stock at the pleasure of the
holder, and secured by mortgage upon the
No time cotuld lhe more propitious thtan
thme present for raising this amount by loan.
aloney is abundant, and the amount seek
ig investments is greater thaun at any form
or period. Confidence ini R ailway securities
as a safo and proitabmlo means of permanent
investment is firmly established, and the
price of Iron much lower than at any for
n rperiod of Railway history. A revul
sion in trado and an increase in the price
ot Iron may soon follow, andi, therefore, it is
imtportant. that the Company avail itself of
thnc nrosannt advanta, without da.
By pursuing this plan and with the aid
of punctual payments from Stockholder,,
the Road may be put in operation in a lit.
tie over two years; and assuming the fore.
going estimated receipts and expenditures
as correct and the interest and salaries at
$28,000 it will be seen that the gain or
loss per annum, (after deducting the inter.
est on the Bonds rroposep to be issued) as
the work is hasterned or retarded, will be
8121,382, more than sufficient in a single
year to pay the discount upon the whole
Bonds.
The amount of indebtedness thus creat
ed will fall short in proportion to capital
stock, of present liabilities of the South
Carolina, Wilmington and Raleigh, and in.
deed of a majority of Railroads in our coun.
try.
Respectfully submitted,
L. J. FLEMING,
Res. Eng. Wil. & Man. t. R. Co.
D.
Estimate of expenditures required during the
year, between Sumtervllio and the Camden
Branch:
Graduation. $7,697
Timber and materials for Su
p-rstructure, 10,133
Timber for Trestle work and
Culverts, 4.219
Construction of do 4,624
Laying Superstructure, 6,800
t;pekes, 3,400
Chairs for Curves, 450
Water Stations, 500- $37,823
Machinery,
1 Locomotive. $7,500
1 Passenger Car, 2,000
1 Ilaggage do. 1.500
10 Fiat Cars, 6,000.- 17,000
Total, $54,823
E.
Estimate of Expenditures required to furnish the
Itoad between Sumterville and the Road east
of Lynch's Creek. Also, ths'amount noes.
sary to purchase additional Iron and com.
plete the Road for forty miles from its junc
tion with the Camden Branch:
Timber for Trestle Work, 3,900
Construction of do. 11,550
'lmber and materials for Su
perstructure, 6,260
La ing Superstructure, 8,400
Spikes, 4,500
Total from Snmterville to Road
east of Lynch's Creek," . $4,610
Beltwesggg's Creek Road and forty .
UIdges-materials and
construotion, 700
Iron and Spikes, 8,700
Turnout Iron, &c., 2,000-- 13,000
Total from Sumterville to forty
mile point, $47,670
(From the Mississippian extra.]
To the People of Mississippi.
EIXECtrTIVE CHAMBER, JACKSON, Feb.
3, 1851.-In November, 1849, 1 was.
elected by your sufTrages, Governor of
this State. My term of office com.
menced with my inatguration on the
10th of January, 1850. By the pro.
visions of the Constitution, it will ex
pire on the 10th January, 1852. In the
middle of my term of office, and in the
active discharge of its duties, I am to.
day arrested by the United States far
shal of the Southern District of Miissis.
sippi, by virtue of process, originating
out of charges exhibited against me in
the District Court of the U. States, for
the Eastern District of Louisiana, for
an alledged violation of the neutrality
law of 1818, by beginning, setting on
foot and furnishing the means for a
military expedition against the Island
of Cuba.
Under thesecharges, the Marshal is
directed to arrest me, and to remove
my person to the city of' New Orleans,
thecro to be tried f'or these alleged of'
Unconsciotus of having, in any res
pect violated the laws of the country:
ready at all times to meet any charge
that might be exhibited against me, I
have only been anxious, in this extraor.
dinary emergency, to follow the path of
duty. As a citizen, it was plain and
clear, I mutst yield to the lawv, however
oppressive or unjust inl my case; but,
as Chief Mlagistrate of' a sovereign
State, I hlad also in charge her dignity,
leer honor, ttnd her sovereignty, which
I could not permit to be violated in my
person. Resistance by the organized
force of' the State, while thle Federal
A dministration is in the hands of' men
who appear to seek some occasion to
test the strength of' that Government,
would result in violent contests, much
to be dreaded ill tile present critical
condition of' the country.
Tile whole South, patient as she is un.
ier encroachment, will look with some
jealousy uipon tihe employment of mili.
ary force to remove a Sonthern Gov
trnor from tihe jurisdiction of' his State,
whlen it had beern withhmeld from her
citizens seeking to reclaim a fugitive
slave ma Miassachusetts.
On the other hand, the arrest and
forcrible removal from the State, of' her
Chief Execuitive ingistrate, for an in
lefinite period of time, would not only
be a degradation of her sovereignty,
but mulst occasijon incaloulable injuery
and dlisaster to the interests of' the
State, bly tihe entire suspension of the
Executive goverlnent. The ConstJ'
ition ihas not contempllatedl stich an
event as the forcible abduction or tile
Governor, it has not provided. for thQ
performance of his duties-by ahnther'
officor, except in the case of a vacancy.
Such vacancy cannot apnpen wila
there is a Governo tion4l' il
prisoner to a foren
he may be absent, d r
forming his dutiem;he dO
npd no other person can ex stip p 4sf
floe.
It follows, thereforetihat ins uolt
case, the State would prabticall rsff
some of the evils o 'diahercty. ^r-Thy
pardoning power would be ldst. Ole
could not be cominissipied orq ified;
the Great Seal of'theState;i i ld a
be used; vacancies. in o oopoi.td p
be filled; fugitives' from ijuslc* ;cdul4'
not be reclaimedi or:serrendered" ah's
public works, the operiiionsuothe a
itentiary, and .ll ropib aof ubli
buildings must sto'i fo'r wah f;le et
requisitions to-defray the
of. The sale of State.fii y n
location of recent graht a1 '
pended.
The Convention, of the people called
at the last session of he Leisatur.;
could not assemble for want ofwritt'ot
election. In casn'of the death ot .r'W
signation of the adtvinistrativ fe ofie
of the State Governmentios inp
tant officers, including ti treasury,
would be left without the superintend
enco or care of any-authorised persoil
In fine, the whole of the $sate would
be in confusion andgreat inconvenienoe,
and perhaps irreparable inju'. flow
from'such a tate of things For a lwthe
evils there is but one' reihedy.' 'h;
remedy is my resignation. ..
I, therefore, .fellow-citizens, Ni esl "
the'high tnst confided to niy..hp4.weti
no feeling of personal.egret, oxcept tat
I could not serve You better, with nifeel.
ing of shame, or iV arir "irnocerit of the
causes which have induced the necean!t '"
of this step. On . thee'contra althoo
personally I fear no investigation and 'ish
no scrutiny, I have a "no'effirt'aon.
sistent with self-respet bavert this risuigk
So soon as I learded thatLattempts won #
be made, under an actpf- Co srb!. the
last century. to rentovead
I formally offered tohe j
of the United Stes .',al
rity to appear in New'
the chsr~ea
agamnst th
ed, not to myse f. but to the1ttat, at ta,
gmngaway irom hisduties her Ciefhsgag
trate. i
bly proposition was"notr -ceeptfd. and
my remonstrance not Jagded.
It is not for meoto oordAain: 'My eoarse
in this matter meeta-the ipprova) onf uem
of the most pairiotic ouitjzens,near god, -I
sincerely hope, as it was dictated alon by
my sense of duty to the -State nmaraet
the approbation of my felliw.,ttiuns. .
In thus parting from,,myigenerusiqog.
stituents, it would be pot'to give
an account of my steward idp1;Jjng.{h
short but interesting period thatI hvk tt.
ed as their public searvnt,.buL Jthe .;
connection between us hae been -o sau'e
marily and unexpectedly eserved ,1tiat I
must defer the grateful task td atutab
da .
have but to add that, duii y
but exciting period of service, maye nl
things striven to be faithful and tr4e ftbe
rights, the interests, and the bstoir .o
State. For this, 'I have been abused and,
calumniated by the enemies of the South
Treachery and faithfuliiess Wouldhhave se.
cured favor and praise from the'age~soi n
Fellow-citizens, I now'take m l.te of
you with gratitude for the ge eh 'P",
port you have extended- to me, tid: iIW
cheering confidence that your hono abd
your interests nuiy be safely con adetf to
the hands of the faithful aidaible'son" of
Mississippi, who, as President of thie Sen~
ate, succeeds to my p lace.
JOgi &A QUlTMAN.
A Correspondent- of thd .Buffalo
Commercial Advertiser gins' the fin
lowing description-of a volcano in the
vicinity of the great Salt LMke:
'This volcano is a paih of mudr
and on the borders of tbQ Lake. IA
is composed of m d, and ~ py
eral acres.' Steam andwa e
escaping from hafa-dos pu
Theo mud is raised-up-int*1e
highest not five feet
surface. They' '~
tubes, 'some ha'e H.n&ie4 ~ii
crystals of sulphtundpotl~~as~.
ces. One of theo conesthoste
and water ten or fifteen fret into the'
air. It esea esa rpd~y bnd With
sound ieM it
from tho6 pipe~ o~ asaa e~x ngiber
and it ejects hot and col4whater .at~
intervals. One cauldion,'somo~ fWe
feet across, belle ti util i4t-8-w
then sinks sadl 2feeta 4tu iga
overflows. 'Noth nga 'seei~bt.'
mass of foard; th~ ~e i ttI
impregnated witjh itw4e ~ '~
genry '
rpratioh fkr thettI
ste m t t~f
Cot w pt~o~hy
tob b# r~edS
grains 17~i p~h&ri.
enal dit hey iudh l heo
fat in sight 4aydtthee a i
and thinain fleen iw eg
eatS it itafi1 i, is
to the Inn ta~l IW RRy u
other food. M )iyen