Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1854-01-04
Elgeiirld, dec. 25th, 1883.
FOR THE ADyHkTiREI.

Mr. EDITOR: The organization uf the Saraa-
nah River Valley Railroad Company aud the
selection of HIRAM IlvrcusoS, Wall Street
Broker and note shaver, ss tn Presidcnt, will form,
two Of the leading events Of the present century.
The sensation created among the Bulls and Bears
of Wall Street by the announcement Of the latter
event, must undoubtedly have been very grrat
| The elevation of one Of their number 10 the re-
spec,ablc position Of President of Southern Rail-
r,nrl Company, was not only highly complimentary
t, the pruf.ssinn, but will form era in the
history Of Railroad enterprises in this country
| And the combination nf the two events be rroduc-
tyc Of mighty rcsu,s 10 the financial world
| IIencefortlI the stock of the Savannah River
Valley Railroad" must take its place a, the
Beard, ;" us ono of the lsadirg q Faneiss," and
its President become parsonage of Importance and
consideration on 'CmASGE!
But Mr. Editor, We lo not propose TO discus.
the effect Of these measures upon the monetsry
affairs Of Wall Strct: nor do We care what consd-
Grafton and Importance the chi'f officer Of this
Cumi any may attach I" his position. These are
but minor considerations ut which wo hare Glanced
only, rs being remote and Incidental effects from
the action of this Company which they did not per-
llap, dream OF exciting.
Our design is higher and more important one
than that Of mere rid;cule, however inviting the
occasion may be, or morbid desire to court notu-
ricty by the production Of newspaper paragraphs
1t has the cause Of TRuTlI to vndicatc-a pract;
ca end to accomplish Its purpose is, to exp"se the
vaccinations of a sett Of men who by concerted
aud systematic effort, are cndeavorng to divert
trade and capital from our own State and her enter.
prscs, and to build up and enrich Augusta and
Savannah at the expense Of our own metropolis
These arc bold propositions and to the unin:liacd
n,aJ be somewhat startling inasmucl to establish
tllon involves the exposure Of degree Of recrean
cy 10 the interests of our State and her cherished
enterprises totally irrcconcilabc with that loyalty
and devotion to their home and government, which
has ever characterised her true sons however hum
ble and obscure. ut wc desire not to be nisun-
derstood we arc very far from charging or sup
posing, that these results are desired by all who
now stockholders in this Company. Indeed, We
have reasons for believing. that far from there
dvsigns being participated in by the masses interest
cd in this enterprise at this timc that they are ig
norant Of the schemes Of its leading proj jcctOrs,
and would be very far from forwarding them were
they admitted to the counsels of tho President and
his clique. But it must be remembered that bat
one third Of the stock that will be required for the
completion of this enterprise, has MS yet been SUBJ
scr;bed and that of course, other influences than
those now embarked in it will be enlistcd-other
counscls nvovked-and other designs ultimately
prevail One million Of dollars have yet to be
raised from other sources than tho pockets Of those
who have already contributed to this Road and
these are the clements that the President and his
clique intend to control
The notion that Hamburg will remain the lower
terminus Of this road or that il is intended in any
manner to benefit this point, cannot be seriously en-
tcrlainci BY any at all acquainted with the Sc
crct schemes and Vaccinations Of the clique who
will control its aiIiltrs, or with the character and
temperament of the man who has very adroiily
paced himself at their head. That it will cross the
Rirer ut that place even is very questionable Ham
burg is too unimPortant point i-bckidcs, apart
from the motives Which are influencing this clique,
the proftablencss Of the enterprise as an investment,