NP, RSTD 12/17E/1862

From the Raleigh Standard
 
December 17, 1862
 
The Chatham Railroad Company
   We are gratified to learn, from the President of this Company, that Messrs. I. N. Clegg & Co. have contracted to grade the middle division of the Road, twenty-three miles, from Carey, on the N. C. Railroad , to Lockville, on Deep River, two miles above Haywood. We understand that the firm consists of enterprising and substantial men, who will prosecute their undertaking with activity and energy. They are to finish their division by the 1st January, 1864.
   The valuable products of the coal basin of Chatham and Moore can be transported on the Deep River to Lockville, whence they will find their way along the line of the Chatham Railroad to the N. C. Railroad. The Directors of the Chatham Railroad intend, however, as soon as sufficient stock is subscribed, to extend their line from Carey to Raleigh, and from Lockville to the Coalfields.
   We wish this Road complete success. The valuable deposits of coal and iron are necessary to carry on the workshops of the Government and the Railroads. The coal is essential to the comfort of thousands, who, on account of the difficulties of Railroad transportation, are deprived of their usual winter supplies of wood.
   Why should not the State become a stockholder in this work at once? We know of no work of the kind which is more important to the State. The general wealth will be immensely increased by this Road. No Road can be considered local in its character, which develops the boundless resources of the Deep River valley.

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