The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1865-09-15

BY the arrival of the Scotia yesterday :.
large number OF our c0nntrym,n and Others
from various sections OF the country l.:..,
the qualification Of welcoming quite num-
bcr of gentlemen from England, who are
the representatives of British and EuTup upcan
capital, and who are especially interested
i'll railroad enterprises on this continent.
The party of visitors consists of thirty-two
persons, many Of them distinguished for
their wealth, other; for their scientific
achievements, and others also, for making.
known, through their literary ability, the
progress of commercial enterprises. which
may benefit mankind. Five. in the last
Classification, are gentlemen who como here
as representatives of the CHIEF London
journals; and they will regularly report
through their correspondence whatever they
may perceive IN their tour through this
attention of foreign capitalists
1t will be perceived ut once that t!li:; is 10
trivial mission. We have had soldiers, re-
formers, and even princes to make the tour
of this country in public way, but never
have We had so important a body to vel
come as the present one. The party have
corlc at an Important epoch in our histor5
Their purpose is to carefully survey orr
railroad system, the character and working
arrangements of our roads, and particularly
to notice those which have been built by
thc aid Of foreign capital. That they may
have every facility for learning all that is to
be known on these important subjects,
special trains will be provided for them,
| that they may be transported from point to
point with ease, :'ccurity and promptitude,
and with as little fatigue as may be possible
while fulfilling SO onerous {, mission. Our
| principal railroad men Of the Northern and
Middle States have been active in address,
ing themselves to these guests Of the coun-
try. and such Of our Southern capitalists
| IN onto, Of l..
are here, are equally alive to the importance
of introducing gentlemen of great infi,l-
cncc abroad to a knowledge Of the vast profit
! to be derived from the application of capital
to the wants of the railroad companies in
the South. The enterprises in railroads in
the South are not like experimental affairs,
or like those in which competing capital
ovcr-designs and creates the means of trans
portation. Every road in the South :, I.
necessity OF the population and essential to
the increase of production, and with the
new order of things will become vastly more
rcmnucratlve than at any former period.
Hence capital may be safely directed to-
ward the South. The exhaustion of tho
war calls for repairs and renovation, and
capital we'll applied will more wisely be ex-
pended, we think, on Southern railroads
| than on those which are under the disall-
vantage OF great and still Increasing compa
titi II. How, Yer; the gentlemen on this
mission, who represent an enormous amount
OF British capital, will be able to draw their
own conclusions after they have made their
surveys and we shall be lnuch surprised if
IN their reports to European capitalists,
with whom they are associated, they do not
justify Tic views we have expressed with
regard to the splendid field for investments
now open ut the South. Mem York Ne,rs
Brownsville correspondent says the lul
OF the Rio Grande is growing dark v.
/ troops,