The independent press. (Abbeville C.H., S.C.) 1853-1860, 1857-02-06
Tho Blue Ridge 8 railroad, .

81 Tho Blue Ridge Railroad. =. =. z 4:
81 The Charleston papers con! si6 the: proceed
Sngs Of meeting of tile Directors of tile Blu
aaRidge Railroad Company, held in that city q
Hthe'26 January stH The meeting Swas caliet
Ally the Presideht;at the instance of 'AIes.r.
HWilliam and 5JulinsT Slonn, two very infiucni
Ntialscitikens ofsAnderson District who twer,
sdesrons of submitting proposition ,tos th
a Company. They In common with other cti
ascns of. that District had heard with regret o
Athe dissemination Of the Director to suspci,,
Stte work on the road West of sPcndleton, sant
$to apply the resources of the company to til,
8completion Of tho Tunnels in South Cnrolinr
aand' Georgia, and then any surplus wAicl
Smight remain to finishing the road from An
adcrson to Pendleton. The necessity for ti
ssster, grew ont of q deficiency of resources, re
asulting from the following facts: -
= BY the Act of 1854, the Legislature author
aized the Comptroller General to subscribe $500,
1000 to the Road when the irst subscriptio,
Should amountto sl,0oO,00 aud to subscribe
3the further sum of $5O0,OoO when m addi
3tional sum of s50O,000 should be raised by pri
avatc subscription. The first subscription wa.
Sduly obtained, but the second installnent could
\ mot be procured, on account. of a deficiency o
3private subscriptions to the amount of 1920,
zoOo.
In view Of this state of affairs, the great
4 mess of the enterprise, and the inconsiierabl,
sum to be rnised, by private subscription, to Sc
3cure the State aid, the citizens of Anderson
determined to make an effort to raise the sum,
$4,000, 900 have already been raised, and tho
Messrs. Sloan will pledge themselves, to oh
Stain $4,000, on the line of the road, provided
3thc citizens of Charleston will furnish the bal.
nncc required of $4,000, to ojobtain the second
sinstalment of the State subscription. .
The procurement of the State subscription
VIII place the following funds at the disposal
3ot the Company: The second instalmeut al
3the State subscription, S5OO,OOO; the bnlanc,
5of the city subscription se29,Sl5; balance ;ol
private subscription in Pcndleton and Charles
3ton, 100000; of the Tennessee subscriptions,
1000; Of the new subscription, $4,000
Total amount, 81, l,64O,3l5. In addition to this
there is- the Tennessee State aid, s6to,O0O
Bonds to be guaranteed by the State, $1,000.
1000 balance of the first mortgage bonds of
1.-THE Company, sl,32o.0o0. Total, So, 100000
With resources 80 ample for the vigorous
3construction Of The Road, it is Incredible that
lany difficulty should be experienced in OBJ.
tanning the small SUM necessary, from the citi
tzens of Charleston. The enterprise originated
with them, and the prosperity; and commerce
3of the city, arc involvedlin the completion .ol
10 work, which will carry, ut,the long cher:sl.
led idea of our leading statesmen, the, connec.
3tion of our sea- board, with the valleys Of the
West. Yet, in the city Of Charleston, only
4 about $4,000 have been raised by private
subscription; and with but few. exceptions the
subscriptions do not exceed one share each.
This want Of zeal and interest in behalf of
1.-THE enterprise, constituted the zcllief obstacle
lin the way. of obtaining the second instalmeut
}of the State subscription, OF the recent Session
iof the Legislature. The Legislature were in-
disposed to relax the condition, not from de.
lslre to recede from the he'enterprise. but from nm
Iayersion to dispense with terms, which the citi-
3zens Of Charleston by the exercise of: n proper
spirit could SO easily perform *; q. So:
The present encouraging condition of the
|road would furnish natter of regret if tho
work be c'suspendcd, on tho Tunnels and Bridge
masonry, and on the Road between, Anderson
land Pendleton. The grading for part of tile
|Pendleton Road is ready for the crossties,
(which have been, delivered MS far as 20 mile
creek, md in part laid ready for the iron
More than 900 tons of ironhavo been purchas.
led and carried to Anderson The progress OF
the work continues to- be satisfactory to the
contractors. 3. At the Stump House Tunnel;
more than 200 hands ares at work, night and
day, and three steam engines will soon be M
!ployed5 -Four shafts will soon be completed,
land the work will then progress atithc rate of
O5feet per month"; :, y. ;.2
Upon hearing the report sof the President it
was resolved that Committee$of five he ,.ap;
pointed TO obtain from the acitizepss Of Charles,
tonsthe subscription ofssi5o, 900, sinss ordersto
obtain the second instalment of sthe State sub
|sc ription,s* with theF following conditions,
That the subscriptions shall snot be obligatory
II the sums ecessary to obtain the StataSaid
be:not raised and tliat rot more than;s sones
fourth the sum stbscfibs sslialls #calied
tori any one - si IS Sc
II = - : - : 81 ~ ~ 81
Is d ECFog the Isg Espssr rREss ~ ~ "a
Tribute of .Rsspeot 4. az 6 9
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