Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1847-05-19
-. - From the Charleston Mercury
INCREASING PROSPERITY OF
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protection Of favored few, to the predju-
dice Of all The other great interests Of the
country. The influence ofthe Tariff, like
a,blighl upon the land, dried up and with
cred every thing before il tlhat hitherto
had been fresh aud fragrant The great
staples ofthe country continued gradually
hut certainly to decline, year after year,
unliEthey became almost valueless, pro-
perty depreciated; incomes diminished;
The profits OF labor were bul nominal; IN
.dostry as without lis legitimate reward;
andihe energies aud the resources Of The
tSou,hern country for time appeared
Sparalized, while every thing like prosperl-
Sty in the affairs olmeH ceased, except as
tarecollection a Of former times. In addition
10 this general cause of depression, the
State and City had suffered severely ny
The failure Of the United States Bank, the
Great Fire, the Cincinnati Railroad project
draining them largely Of their Pecunlary
resources. But what was worse, though
naturally 10 be expected, the energies and
enterprise of the people were gradually
undermined by the depression that perYa-
ded this section of the country, for this
great motive of human action was lost;
there was n reward 10 industy;no SUCCESS
10 enterprise, and no stimulant for ambl-
lion. Adversely, however, teaches its
ownlessons, and their usefulness has GER
tainly not been lost upon The people OF
this State and City.
Happily for the age, and for the great
interests of mankind in general, not less
than for ,he prosperity Of the Staple Slales
in particular, radical change in the com
mercial policy upon this country, until
under the irresistible influence of Free
Trade principles, The Corn Laws of Eng
land, and the Tariff OF this country, have
fallen before the great movement OF the
age, and its effect upon the Southern and
aVestern ,Slales has been magical. What
gives still stronger impulse TO the onward
tendencies of things, particularly III our
section, is the extension Of Railroad facii.
ties, which under the most adverse cir
cumstauces. have been gradually progress
sing westwardy, until the cities of Char
lesion and Savannah are, or shortly will
be-, 10 close connection with The great
valley ofthe Mississippi. a large portion OF
whose immense trade, with The adoption
of proper means to secure it, is destined
10 find its outlet through these ports.
z 1t isnot long since that the Mercury
noticed the rapid extension OF the trade
g.of. C CharIeston in the direction of Tennes-
see, Mississippi, Kentucky, Alabama, and
the newly settled portions Of Georgia, and
the consequent increased business of our
mercha1ts, and its. beneficial effects up
on The prosperity of our city. We be-
Iieve. we may safely say that at no time
within the history of; Charleston, certainly
no,ssince Ike war of 1912, has the business
of any one year been so extensive, or SO
sound and wholesome, in every depart.
ment, as the past season, and we are
pleased TO learn that our merchants are
already making timely and efec,nal ar
rangements for the transactions Of the next
season, some oftbem having already gone.
and others are going to Europe for that
purpose; and we doubt not that the stocks
ofmerchaudise of every description will
next year exceed in extent and variety
anything heretofore known in a Southern
city. And we learn with great satisfaction
,hesprobabilty Of the establishment ofsey.
eral new mercantile houses By parties from
the interior Of The country, bringing with
them the enterprise and energy characle-
rislic Of that region. In fact The spirit Of
our people. long paralysed by the adverse
and uDfavorabe condition Of things which
we have before advered TOBIAS been arou-
.sed and quckened into activity, and we
witness the benefcent influences Of this
awakened spirit all around US, nor do we
consider it out Of place 10 notice few
prominent instances of il.
& Within the past year, the following en-
terprises have been organised and put in
motion:
The Granileville Cotton Manufacturing
Company, with capital Of S200,0 900, the
works ofwhich are far progressed.
ACother company has been formed for
the purpose of manufacturing Cotton Yarn
in this city, aud two others are about to be
formed,
An Insurance company with capiral
Of $3.50, 900. has been promptly organised,
the capital paid in, and Is now in full oper-
alion.
A company for lighting the city with
gas, has been organised, contract made
for erecting and completing the works,
and the contractors are now engaged on
the ground.
A company has been organised for re-
fning sugar, The land and buildings pur.
chased, and proper measures are in pro-
gress for commencing operations during
the summer.
Three cotton presses, operating by steam,
have also gone into operation, besides
large establishment for the drying and
smoking Of meats.
The Magnetic Telegraph Company has
been, formed, and the capital subscribed.
In our mercantile mariae the same en-.
ierpriseaand activity is manifested. 1t has
beeninereased the present year by the ad-
dition Of 80
The Southerner, the well known steam
packet, commanded by the accomplished
Capt. Berry, running with remarkable
regularity aud success between this port