ADDRESS.






  It is known that the States of South Carolina, North Carolina,
Tennessee and Kentucky incorporated a Company to construct a
Rail Road from Charleston, in South Carolina, to Lexington, in Ken-
tucky, with further powers (if the company chose) to construct si-
multaneously, three branches from the main trunk, one to strike the
Ohio at Louisville, one at Covington or Newport, and one at Mays-
ville. It is also known that upwards of eight millions of stock.has
been subscribed by the States and citizens of the States of South
Carolina, North Carolina and Tennessee, but the State of Kentucky
has subscribed nothing as a State, and our citizens only a little up-
wards of two thousand dollars, while the city of Lexington and the
County Court of the county of Fayette are subscribers for two hun-
dred thousand dollars. Of the stock taken, the State of Tennessee
and her citizens have subscribed or provided for subscription nearly
one million, and South Carolina and her citizens about six millions-
North Carolina feeling less interest than the other States, is but a
small subscriber; Kentucky more deeply interested than any State
in the Union in the speedy construction of the Road, has subscribed
nothing whutever. It is further necessary to state that since the
graning of the charter, the company has purchased from the Charles-
ton and Hamburg Rail Road Company, their entire road, beingadis-
tance of about one hundred and thirty-six miles of Rail Road, on
which the Cars daily ply between Charleston and Hamburg, and
from which a rail road communication is continued by the State of
Georgia, to zhe interior of that State, and ultimately intended to be
connected with the rail road leading from Knoxville by way of the-
High-wassee, to both the cities of Charleston and Savannah. The
company has also placed under contract the main western trunk of
the road, from about Branchville, in South Carolina, to the city of