Semi-weekly Camden journal. [volume] (Camden, South-Carolina) 1851-1852, 1851-02-07

mill always ii, wn,k. 1t was difficult (eScepl
by All arrangement was maluring,) 10 scpar.
ale what belonged to mere rrpara'inn and what
was cha, gpnfie L. construction, by rnniing
the shops to mere rost of labor Tor rrparation,
aud transferring construction 10 contracts, the
first ana separate exhibit Of charges at work
shops, sErl>l show {; seemingly great reduction
uf expenditure, when brought again in conn'c.
tmn with lie charges for construction under
contracts. ihc general result may, however,
show no change. The la,t year, all the hew
Cars, land whirh exhibit All expenditure u
ST9279 6l, were r,ale hy contract. the PIE
viou< year, with the exception OF the wo"drn
par, of few contracted for; all Of the Freich!
Cars were built in The shops, and materials had
To he provided Tor in advance, and The con.
sumption of coal was decreased; from the in
creased service, cxacled from the lonndery, and
additional turgcs necessary. II Ibis contract
system worked economy. il did not belong ("
the administration of 1850. 1t was matured,
(bu confess no, with my c"acu:serce) al The
will of the majority Of he Board. The true
40 icy will BE- the one, which the South Carroll.
ua Company may have to fall back upon, that
is. to depend as Ii'ile az possible Upon inhvGu.
al p>Iabii. .hmcnt for what is necessary for th"
construction, the maintenance and manage
men, Of Road, aud Power. | was graiihrd,
however, l. was individually instrumental to
It's r.r,'.l:.i:r"nl, that Hacker Il Co.'S enter
y: r.. wa> !,rr from org Of the objections have
Z, t.;rfnad Cunnarrs. under heavy RESPONSE.
b;'i!p> % ii" pnn'c) i'"ing ever dependent up.
nu ,..irai, iaciniin>. II is mol every individual
IN I. Enu, tI;nrr a>>uclatluns, may have Tue
s.uulm.. Mr.. Hacker has, Of hrius prompt and
I,',,Inl in his new obligations to the South
CarnIina Railroad, of having the "pporInnl.
ties. from rrrv"n> experience in our Conpanys
servirc. of making a" article, which has been
50 hirhiy approved Of, ny those who have been
able TO Judge of its performance. t'u for all,
that ha. probably been tediously detailed.
The la:e administration was arraInrd, TOR
D nflsa,e expenditure in an increase OF indett-
enrss, and fnr exltavugan, disburs in
the maintaining and working Road; by
ming'ing and confounding appropriations tor
CONSUMPTION OF Roads and Cars, those which
apn"rlain solely To their preservation and man.
aremen,. The consideration (and my Reports
show ii) OF The re'aying the Hamburg Road,
the recommendations at the Work shops, Freight
and Passenger Iln,,sr was the greater economy
with which il would enable those administer.
iur Your affairs To introduce inihr management
of,hr business Of the Ruad--ruhancins profits
with reduction "f expense. But il seems that
Won prruilird. not Intentionally, am satisfied
II" expenditures Tor the improvements !" bc
charged a> fauh "n the Administration "l
a49 while that nl 1850 is 10 be credited tor
:,nv economy IN the management, trhlch ho"e
improvements irirmlHcrd.
twas not my purpose, in this commul'lca-
ton, imposed on me, to animadvert on the
policy or management Of the South. Carolina
Rail Road, under those who now have charge.
found it necessary to notice the debt and ordl-
nary expense accounts; to expose the injustice
of the charge, that these under a predecessor,
were unintelgible and profgatc. can never
be insensbe to the delicate trusts devolved on
those " ho have charge of so complicated and
treat hcrous machine us that OF Rail Road;
and feel too deeply interested i'll the success
of the South Carolina, the earliest pioneer and
mother of Southern Roads, and in this, mean
not individually, bat rs a Carolinian, to desire
(by imruiations Of ignorance or mlsmanase.
mrnt) to cast obstacles in the paths OF those
who may be impressed with the proper and lib.
eral policy inthe administration of it. concerns
A Rail Road is too delicate Il machine to tam.
per with, and while wise economy is always
to be commended, you may push the figure OF
reduction so far. us in the course Of years to
absorb its substance and power, in decePti"us
profits YOU may realize the fable of the Golden
Egg.
What has produced both in Great Britain
and at the North, in some instances, those re-
vul.ions rs to the settled and fxe value OF
Rail Road Stocks; but those alterations be-
tween proAiyacy and delusive economy of ex.
pcndture, making it fancy article, and ex-
posed to all the fluctuations of eXtravaSant
speculation. Our affairs have been too long
under the influence of excitement at our annual
meeting they have presented more the turbu-
ence and conflicts Of political assemblies, than
the cool deliberation of stockholders, on an
important enterprise in which they have great
stake. Deeply impressed with the influence
which the South Carolina Rail Road was des-
tined to exercise OH the Political, Social and
Commercial Hrllt "as OF the State and City OF
,ry aa,;t +. ea:y contributed what little OF
,..,...s ,.& - Jl, a,.l, and of personal servl.
n.>. 70 M5 Success. "i.olgh separated from it
a::,:.r ci cn.us;a"ces "hich may have affected
,.,,, nny,.r N nair NV con.