The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1849-12-12
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iosat ~ tSsucccSSt remains 10 DC
aaen, 10 establish asBank III our town. Our
nlsfg gi,enS lists all fayor the project,
i aud he intei ests Of he community render
such an institution, or tile estaL Lishnent of a
\ Bank Agency almost absolutely necessary to
the allure of the District We are decided
I iy fsyofably impressed towards either nstti.
! tntes, q Bank or an'Agency, considering both
i beneficial to the masscs=never in the lisht
OF OF sa'honopo!r, q Sfor one simple reason. 1t is
tho Investment i OF capital to boget capital and
to afford convenient and expeditions means to
the community at large. The interests of
the people of this District demand tho estab.
ilishnent Of one or the other; "a Bank where
their own capital maybe invested, or an Aceu
cy to afford facilities to all. To compute. Tho
amount OF banking business this District now
does IS next tn an impcssib'iy, but, we are
assured by ono moro familiar viii, such sta.
tistics, that over Sl5o,O00 Of paperis yearly
discounted, and alike sun paid Oh, in nd.
vanccs by the various. state Banks. WHY
should not this business be;done at homo
| We ewant either one of these Institutes for
the following reasons: snfe place is de-
sired for the dcposfte Of ptubIic and private
funds We desire place where ,c.iable
drafts can be purchased for the safe and
speedy transmission of money. We desire
an institution to discount paper at legal rates,
| and thus save the evorbi,ant charges made by
money lenders. We want some institute to
n,ls ,,l, 81, ~
cotton We desire banking institute in or
der TO afford the usual facilities to the people
IN order to stimulate business now starnan,
for want of funds to encourage industry and
TO convert money now laying id!c into useful
and productive capital.
With a Bank Sun,crviIc will receive an
additional impulse The Wilmington and
Manchester X. X. passing through, (wc might
say alnos, ending in) the town has benefited
U.S. Even now there is 4 marked difference
IN the appearance a( the town, now dwellings,
workshops and conmoIious stores have been
and are i'll course Of erection, a considerable
addition has been made TO olcot the princi
pie hotels, ana there il some tall; of n brick
range going up. Ali trades, professions and
mercantile business flourish and this prosper.
lty will be considerably enlarged b. giving
us Banking Institute.
During the Bank debate On Saturday las,
III the House: Mr. PREsroH, Speaking Of
the sighting manner in which the appeal Of |
the Barng's 10 the pl;ghlcd fash Of The State
had been alluded to, said:
"Sir--Thc fame Of South Carolina is rs
the fame other laughtcrs-:oo pure, to, ho-
ly to be doubted or discussed; it is thing ui
the lcart--not Of the tongue, and every citi-
zcn of hers holds it sacred above all else"
We sre-ecl5 this. glorious son,mcn,--a
sentiment too, which we believe is the popu-
lar one--so Mpssrs, Legislators, It's no, the
Bank you Murder, but you make your own
state commit. .suicldc--shcar her Of lcr glor-
Gus name, and leave her standing The obsery-
cd OF all observers -.her fame bye word Oh
the exchanges oi the world.
MANCHESTER AND WILMIHGToN r. R.
The grading OF the road in the Immediate vi
cInity Of! The town, is progressing finely. d..
Mu!drow's contract oi eleven Miles from
Black River, throughout Scapc Whore swamp
to Lyncltcs Greek is also progressing rapdly
six miles being cut, filed and graded, and 10
show the stability OF the work, the cmb,nk-
:ncnt across the swamp is sixteen feet hyh,
and sixty in width a, its base. The whole
does great credit to the able and rnrr,ct;c