Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1855-02-07

| And leaving as nett anco7ne. 1900, 5S2,b2I,79
| Has afforded two semi-annual divi-
dends Of per cent each amount
ing TO-. 0ou,Oof,VV
And transferred balance of. 1900. 252,79O,79
For the year to the credit Of Surplus income,
being an excess of $99,29s, s,lO0 over the bal
ance carried from the legitimate business of the
year previous, which, upon reference, will be
seen was Sl52,5926l,l0O.
The past year has been one full of causes cal
culated TO depress every business interest," and
10 retald The general prosperity of the country.
Immediately, the rIncome of the Company has
been much effected by the short crop uf 1853,
and the sudden appearance Of the epidemic in
this city about the opend.ng of our fall trade !;
yet Notwithstanding this unfavorable state Of
things followed as it has been by the present
stringent condition of the monetary affairs of
the commercial world, we have every reason to
be satisfied with the income for the year, and to
congratulate ourselves upon having done as well
as we have under such adverse circumstances.
During the year, there has been added 10 the
Improvement of the Road in the shape Of turn
outs or double tracts, about four miles; and
| thirty miles Of the road have been entirely re-
built with new timber, chairs, and spikes; and
by the first of May, The bridge and trestle across
the Waleree swamp will be completed. All the
breaches in the Congaree embarkment but one,
have been filled, and that is now being done.
The cost Of this Improvement, amounting to
about $4,000, it will be observed, has been
charged as /" Extraordinary current expenses,
and comes out of the income for the year.
The Trestling between Aiken and GraniteviIIe,
we are now filling with earth, and the cost of
the work for the past Year, amounting 10
| SlS,477,O6, has been charged TO Property in
road, to which the original account for avoiding
The plane was previously carried. 1t will be
necessary to expend upon it this year about
$4,000, and the year following $4,000, max
ing The c"st about S50,O00, Of putting that por-
ton of the road in Il permanent condition.
During the present year it will be necessary
to provide the line Of Road with station houses,
depots, wood sheds, additional turn outs, and to
improve and enlarge at Charleston and C"lum-
bia especially, the accommodation for receiving
and delivering freight, and for repairing and pro.
tecling our increased motive and car power.
The probable expense of which will be met by
our surplus income without affecting the divl-
dends or increasing the debt"
The following statement in reference to the
responsibility of the Road, for damages and lost
trcights, is of interest TO our merchants, and TO
all who make use of that Road in the transpor-
tliiun OF merchandise.
"Our Western connections, We regret to say,
are not Us perfect as could be desired. The
practice of receiving and forwarding goods, free
Of charge, has caused such heavy losses as 10
compel this Company 10 abandon it altogether
TIE arrangement for The down freight is far
from being satisfactory. For the past few years
the practice has been with this Company to pay
for damaged and lost freight by the receipts Of
the other roads, but the heavy losses lately sus-
tanned by all the roads, in damages have deter
mined the connecting roads to terminate their
liability ut Augusta-a!.w which point the respon-
sibilily of this company commences. We are
not however without hope that the interest of
the roads and of the public, will induce further
effort to establish more perfect and efficient
arrangement than has ever yet existed ; and no
company, and no portion Of the public Is prepar-
ed 10 sacrifice more for such cOnsummalion
than this Company.
MANUFACTURE OF Rum.-Probab!y the only
manufacture in the Northern States which is
carried on pof,ably at the PRESENT time is that
| of rum, and this was never before so profitable
az at the present time. The dlsli!lcrles all
through the country have orders for many weeks
and months ahead, al prices which yield them IL
hundred per cent profit. This state of things
has been orcasioned by the prohibition of the
distiliation of grain in France and Belgium,
which has caused large orders from those coun-
tries for rum from The United States. Every
packet ship from New York for France and
Germany now carries out all the rum which can
b. had in the market as part of her cargo. The
article sells at 47 Il as cents gallon and The
profit may easily be calculated. when il is known
thut the moIasscs cost but little mo:e than 20
cents gallon, and one hundred gallons Of mo-
lasses will make 95 gallons OF rum. A large
portion OF the mol,,sses in The United Siales has
just been bought up on French account. At Port
land, 1900 hIds were purchased last week, for
shipment to France-Boston Traveller.
The Traveller means, We suppose, that the
manufacture of rum "acas nerer so profitable"
Of late years. 1t does not design 10 include
that period in our nations history, when our New
England brethren were so busiIy and profably
employed in the African slave trade. Then they
manufactured rum very prohaby indeed; for
with il they purchased the negroes in Africa,
and sold them in the South for cas! and molas-
beS, VIII HllIC W usiiiuiaCtuIe uoc luIu W uuJ
more Africans. Thus their cargoes were, from
the Nurlh, rum to Africa, negroes 10 the South,
and moasses 10 New England Hence the ini-
preston that Yankees were so fond of moIasseS,
| because OF the immense amount consumed in
the manufacture of rum for African slave trade.
They were, therefore, not only guilty Of all The
iniquities which they ascribe 10 the slave trade,
but they were also guilty OF the enormiiy of in
Producing into Africa, rum, which contributed
greatly TO the debasement Of that poor, degraded
, race of people.
This was indeed profitable period in The
manufacture Of rum, and if the law prohibiting
the slave trade was repealed tomorrow, New
England would soon send forth thousands in
the same business again, and New Eng gland
journals and people would proclaim their profits
and SUCCESS, the seQuents OF their superior
terprse.-Chronicle u Sentinel.
BURGLARY AND RoBBERY-About three
o'clock Yesterday morning. d loud explosion was
heard by the inmates Of The houses in the vcini.
ty OF Marks store, on the corner Uf Dearborn
and Cont streets, but no one arose 10 ascertain
the cause of the disturbance. In the morning,
however, the mystery was explained, for on
opening the store, the safe was found 10 have
been blown open and robbed of S5l0. The
rogues used powder from keg in the store
We hope the police may succeed as efcclually
in breaking up this burglars association as they
did that Of the highway robbers some weeks
since. This is the fourth crime of Kindred
nature that has been perpetralcd within week
past.-Mobils Advertiser, lst inst.