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The Daily Dispatch: January 28, 1862., [Electronic resource], English and other European news. (search)
Salt for the people. Richmond, 27th Jan., 1862. Editors of Dispatch: I learn that a proposition is before the Legislature for the purchase of the salines lying on the line of Washington and Smyth counties at Saltville, in this State. I believe that the two contiguous estates, embracing these salines, and the lease under which they are now operated, can be procured for one million of dollars. I have some acquaintance with this property, and am persuaded that the purchase ought to be made at that price, if it can be done. The property is worth more than is demanded for it. It is in danger of passing into the hands of a joint stock company at a higher price than the State would be required to give, viz: at twelve hundred thousand dollars; to the capital of which company upwards of three hundred thousand dollars is already subscribed. Corporations have no souls, and if the works pass into a corporate ownership, they pass into the hands of a monopoly, having the single