Semi Weekly Standard

Greenville (Tenn.) And French Broad Rail Road.—We are pleased to learn, through a source perfectly reliable, that the work on this Road is rapidly progressing, and that the friends of the enterprise are pushing it forward under the most favorable auspices.

In Tennessee and Kentucky the work is being vigorously prosecuted. The Tennessee Company have let out contracts for thirty miles grading, towards the North Carolina line, which will terminate within 110 miles of the road in South Carolina, touching at Spartanburg; which, when completed and the connection is made, will bring us into immediate communication with the net work of the roads in East Tennessee, already built and in course of construction. This connection, when made, either by Spartanburg or Greenville, will command the best and easiest pass in the Blue Ridge—in fact, the only one capable of being overcome without a tunnel or stationary motive power.

The company in North Carolina, whose duty it will be to fill up the gap referred to, closing at the line of this State, are to be organized this day, (the 14th instant.) and it remains to be seen, whether the people of South Carolina, through their legislative capacity, will aid the enterprise by appropriations similar to those granted to like enterprises, and thus inaugurate one of the most complete, if not the completest, chain of intercommunication between the seaboard of South Carolina and the rich and teeming valleys of Tennessee and Kentucky.

It is to be hoped that the financial condition of our treasury department will warrant a liberal appropriation to the furtherance of this enterprise, which is of equal importance to the people of the State as the Rabun Gap, or any other similar work already begun.

If the Legislature of our State will appropriate a sufficiency to lay down the superstructure to the line, and put on the running stock, the work will be accomplished.

A correspondent, writing from North Carolina, referring to this enterprise, which should be regarded of the utmost importance, remarks:

"By an appropriation of this sort, the most unquestionable guarantees of good faith toward the State will be given; for you will see that the distance being ascertained, and the track, as a precedent condition, being prepared ready for the superstructure before the State is called on the appropriate anything, no uncertainty exists as to the amount to be subscribed, or danger that the funds of the State will be expended without completing the road, and securing all the benefits to be realized from such a connection. We are willing to accept aid upon these terms.

We know the ground to be occupied, and our resources; and confidently believe that the persons interested along the line, and south of us, are able to grade the track, if your State will do the balance.

The importance of the enterprise is well understood, and, we doubt not, properly appreciated, by the mercantile community of this State, who look forward with much anxiety to its completion; when the superabundance of the productions of the soil of those fertile valleys in North Carolina, Tennessee, and Kentucky, will be emptied into the lap of South Carolina, whose seaport town will become the great exporting and importing mart for the people of the West, and we trust that the efforts which will be made this winter to secure the successful prosecution of the work, will be crowned with abundant success."

Carolina Times.