Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1860-11-17

Ioau coulu oiliy DC completed by the alu OF
the State, accompanied 10y the rccommenda-
tlon that, if the State was not prepared to
furnish the necessary funds, it should declare
Its want of confidence, and order all further
operations to be discontinued the responsible
lty of having spent so much money ii the
State determines that it shall have been spent
fruitlessly, cannot rest upon the President
and Directors of the Company. They had
no authority to discontinue the work and to
declare the enterprise abandoned.
The purpose and design of the South Caro-
lima Company, with such subscriptions and
aid as it could obtain in South Carolina, and
such as might be obtained by the associated
Companies in Georgia, North Carolina and
Tennessee, to construct rafl road from An
derson to Knoxville, was avowcd from the
very outset of the enterprise The survey
and location of the entire line by the enpin-
GERS of the company, the estimate of the COST
and the means provided for it's construction,
were exhibited to the Legislature at the sevc-
raj sessions of 1852, 1873 aud 1854, in the
several petitions for the charter and for State
aid The subject was fully examined aud
discussed, and every circumstance material to
be known, which affected the feasibility and
advantages of the undertaking, its estimated
cost, and the resources for it's completion,
Council of Charleston, with as full informa-
ton as the Legislature possessed, voted to
make subscriptions, and twice those subscrip-
tions were discussed in meetings of the cor
porators, and confirmed by a popular vote;
and, 1T must be remembered that one sub
scription by the City Council of Charleston,
to the amount of SJ49 900, was made to the
stock of the Georgia Company for the con-
structon of the road in that State The con-
tract, which was made by the South Carolina
Company with Bangs Il Co. for the construc-
ton of the entire road was made known to
the State and City Council of Charleston,
and all its terms and stipulations submitted
for examination. In the Report of 1855, the
Stockholders were informed that one mile of
the road through Knoxville had been compile
ted in order to secure the charter in Tenncs
see; and in the Report of 1856, they were
informed that sixteen miles of the road from
Knoxville to Maryvillc, had been let to con-
tract, IN order to secure the State aid grant
cd by Tennessee, The progress of the work,
in that State and in Georgia, was every year
reported to the Stockholders The Report of
1896 states that no work has yet been done
on the line in North Carolina. 1t has been
deferred until the work across the mountains
including the tunnels in South Carolina and
mountains are passed, the difficulties of the
enterprise will be overcome, and its compile
ton secured beyond contingency or doubt
1t is, therefore, to the accomplishment of
this object that the Board are directing their
efforts and the resources of the Company"
In the Report of 1858, the President and
Directors again represent to the stockholders.
that ga specious exhibit of progress NAV
have been presented in the grading of the
road, If 1T had not been deemed unwise so to
apply the resources of the Company A lit
tie reflection must make it apparent that, if
the road were to terminate at any point on the
line short of Knoxville, or the navigable wa.
ters of the Tenncssee,.at some other place,
the road would not compensate for it's cost
The construction of the road has, accordingly,
been directed to the accomplishment of a con-
ncction between Charleston and KnoxvilIelv ,
because the passage of the mountains is.
the great obstacle to the successful issuayof
the undertaking, the energy and resources of
the Company, are chiefly directed to that Sec
ton of the road. When the mountains arc
crossed, the extension of the road to Knox
vile will be a certain consequence. Until
that is accomplished, doubt and uncertainty
must darkcn the prospect of direct, short
and independent conneXon of South Carolina,
by the Blue Ridge Road, with the productive
region of the West. Under this conviction,
the Directors will continue the order of con
struction, which they have hitherto pursued.
by such frank and full communication to
the stockholders of the views and policy of
the Board in the direction OF The construction
of the road, and by detailed information res
pccting every particular of t!.a management
of the onerous trust confdcd to them, the
President and Directors intended that the
stockholders should take the responsibility of
every measure, so that in case the work should
be discontinued, the officers of the Companv
should be exempt from any aspcrsion of bad
Judgment or i'll faith, which the unreHoctino
and ma!cvoIent are SO prompt to cast upon the
conductors of an enterprise that may be en-
barrasscd in its accomplishment
EDWARD Frost President.
THE FLAG OF Souru CAR,MNA.-The brio
James Gray, Captain Plummer. of Newbury
port, the property of the Hon. Caleb Gushing.
and now lying at North Atlantic Wharf. hoist.
ed, this morning. the flag of South Carolina as
an ensign. The whole vessel is elegantly dres.
sed with signal flags and at her peak, dyinr in
the breeze, G the Palmetto and the lone star
An excellent entertainment was given on board
to day, at IL o'clock, in which a large number
participated. and at which time snlute of ff
teen guns one for each Southern State. was
fired. and speeches we're made by Mr.. t., w
Spratt G.. j. Lnmotte, tho Captain and others
Charleston Eccaiag Ne,os, In.
eta. 30 r..a. . es~----V