Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1854-11-22
VOL. MI X.--.O. 45

|
they occupied before, and me thinks. one
loud united voice of remonstfance would be
uttered by every man, woman and child.
blacks as well as whites-from one end of
the line to the other-aye, aud even the Ye.
ry mules, could they speak with mans voice,
would forbid and rebuke the madness Of the
Vandal who should make such a propositions
The Road is needed affirm not only to de- :
velope the internal resources of the VALLEY
and adjacent parts of the State, but to open
more fully and freely to those sections the
best interior market in the arorld and from !
which point The great Atlantic parts Of
Charleston and Savannah can be reconnoaed
and so reached ,cith greater dispatch and
less expense Than from any other point in
South Carolina Then next, 6
CAN 1T BE BUILri
Unquestionably it can. There is no Road
in either of the adjoining States which pas-s
ses through the same extent of country
where there is as much or any thing like as
much wealth aud intelligence as is found
along the line-of the Valley Road. Ifthe
planters would only take as much stock as
their hands could work out conveniently in !.
the course OF two years the Road would
be built, or if they would subscribe to pay
in work or money or part Of both, what the
increase in value Of their lands and negroes !
would amount to in twenty years the Road
would be built and paid for when finished.
Thus at the end of twenty years their wealth
would have increased as much as the Stock
they subscribed, for they would have that
stock clear, besides dividends ON it annually
at tue rate of to per cent.
The road can be buih,-for others hare
been built under greater Disadvantages. NEhe
Charlotte Road passes through country
which does not compare in point of climate,
population or fertility of soil, with the Sa-
vannah Valley; aud yet the energetic and
and enterprisng citizens on the borders of
I the two States united and built themselves a
Road l07 miles long which is an honor
as well as source of immense advantage to
them at present, and will be a noble monu-
n,ent to their wisdom and public spirit, when
inscriptions on marble and brass shall cease
to be read And there are other roads equal
ly eredilabfe'to their. projectors and bnilders,e
ls.shich ,yere comnenced upi.es
I tious circumstances than our: has been.
Then ours be buat;. and ought 10 be,
built; and it will be burning shame if it is
suffered to fail through shame which will
be deeply felt by those who are now neglect
ing it and will be deeply felt by their chill
dren for long years to come.
come now to the last question shall ask,
though it has probably been the first with
many.
WILL IT PAYl
To this | answer unbesitatingly, yes. IL
wM PAY in the enhancement of value Of lands
and negroes, along its line, as have already
hinted. HwiN pay by the life and energy
it will infuse into business Of every kind
thus producing a state of general prosperity
amongst all classes. IL uiW pay in the in
creased facilities afforded in getting to and
from market-in the social intercourse with
other communicable travel from distant
points and general diffusion of intelligence
and kind feelings. But the capitalists ask
wiN ii pay dividends /? good dividends Gas
the papers say! | still answer, and as con:
fdemly as before, yes! There cannot he
any doubt, if the Valley Road should be
built, and paid for as built, that its stock,
even with plain common sense management,
would pay, through the course of its charter
as good dividend as the Banks of the State
hare averaged, or aciH acreage. 1t may be
asked, then why do not all other roads pays
The reasop is obvious, rs 20 some. They
| ,u;thouf fhon
half their capital even subscribed and per-
haps mol half of that paid up. That such
concerns fail TO pay is no marvel. The Won
der is that they ever struggled into existence,
even ricketty as that existence is.
Were Il bank commenced on that sort of
Il basis, it would fail in less than six months,
and no amount of financial ability could sus.
tain it longer. And yet strange to say, every
money holder is willing to invest all he can
obtain in new Bank Charter, and pay up
his subscription in full I; but will starve a
rail road out on meagre half paid subscrip.
ton and then complain that it does no: pay.
And all that when the latter would pay bet
ter than the former, if treated in The same
ray, and he "A much more important institu-
| ton to the country at large.
But some roads we'll built, and paid for
as built, have raid and do pay. Tue Geor-
gia Roads pay The Charlotte road pays,
and the King Mountain road of only Ii or
! Is miles in length, paid last year dividend
of s per cent, and had a surplus of profits;
and the Greenvie Road rM pay in the
course OF time, and not long time neither.
If then any Road can pay, the Valley
Road would, for very few others now in op-
Grafton, enjoy the advantages it would; and ;
what is more encouraging, all those advanta-
ges are not yet seen as they will appear
when the great Blue Ridge Road is compile.
ted; apart from that great thoroughfare of
trade and travel the naked Valley Road from
Anderson to Hamburg seould pay. as have
said, dividend equal to the average oil the
Banks of the State. But the cash principle,
or its equivalent must be adoptedin lis con.
structOn.
If built upon the slip.shod credit system
adopted by some others, it would he a vexa.
lou to its proprietors "and to their heirs
forever" and public nuisance all the time.
Then let every one in the Valley who has
any energy and enterprise; any public spirit;
who would feel any pride in success, or shame
at failure, come promptly forward and do
: what he is able-subscribe IN proportion to
the advantages he may derive directly or in-s
directly. and the Road will he found to be
needed il will be built and II 1riU Ddu