The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-06-30

time the State of South Carolina do
mated to the object 81, 600, 900, and
endorsed the bonds of the Company
for 50, 900, 600, while the people sub
scribed 81, 800, 900 more, and the
work was commenced. The great
financial calamities which befen the
whole country in 1898, however,
brought the enterprise to an unex-
pected end. In 1851 20 object was
revived, and work was again COM
menced under the auspices of the
same corporation. The States of
North Carolina, Tennessee and Geor-
gla came forward at that time and
granted charters to the incorporators.
The people of these States subscribed
$I, sou, 600, Charleston donated an
other ST, 100000, while private sub
scribers through the State came for
ward with $5OO,OOO. This made an
aggregate of nearly 81, 500, 600, which
the people of the South invested in
the enterprise, which would have
been carried through to q successful
end, had it not been for the financial
crisis of 1878, and other difficult
ties which could not be overcome
Notwithstanding the difficulties to be
encountered at that time, however,
the Company succeeded in construct
ing thirty-four miles of the road,
including masonry, tunneling, &c.
Eighty per cent. of this work has
been done in South Carolina, fifty
per cent. in Georgia, and twenty
miles have been graded in Tennessee.
In doing this work, $4,000, 600 were
expended.
lhere are now remaining uncom-
pleted 164 miles of the road, and
| about "a, 500, 900 is now required to
finish the work, and the object of our
visit Is to solicit your aid and co-ope-
ration in the matter, so that the
great trunk line, which will connect
the South Atlantic coast with tho
Ohio may at no distant day be
liked fact. Cars are now running
over thirty-four miles Of this road
The line can be completed, as have
already said, for "a, 800, 600, and we
are willing to sacrifice great part of
what has already been done, if YOU
will only come forward and assist us
You will ask what interest Cincin-
natl has in this matter. I will tell
you: It is necessary for the people
OF the North, and those of the South,
to exchange commodities. We want
your manufactures and products,
while you want ours The people of
the South are at present dependent
on you for sustenance and resuscita-
tlon: The expense of shipping these
products by the present channels is
the same is very lengthy. By the
construction of the railroad which we
propose, you will be brought 3O5
miles nearer the centre Of the South,
and cost of transportation will be
greatly reduced. All that separates
you from that point at present is 164
miles.
What We propose is this: We have
already expended So, 900, 900, and we
have 164 miles Of the road to COM
plete: Now, we want you to consider
whether if we give Jou up onc-half
of what we have expended, you will
make an effort to raise the capital re-
qulred to complete tho work. We
| will, OF course, give you undivided
| control Of this great trunk line
The speaker then referred, at con-
siderable length, to the different har-
bors, means and way of transporta-
ton, &C., on the South Atlantic
coast
In conclusion, Mr. Trenholm re-
quested that the Chamber appoint n
committee to take the whole matter
under advisement, and to correspond
with those in the South who are in
terested in the proposed enterprise.
Thanking the gentlemen present for
their attention, the speaker retired.
The PRESBYTERIAN %. s. GENE
! RAL AssEAIpLY.-Therc was a great
question before this Assembly. The
Louisville Presbytery had issued n
Declaration and Testimony against
the acts Of the previous Assembly
making political opinions condition
Of union with the Church. For this
act, its commissioners to the Assem-
bly, were excluded from the first,
without trial. A resolution was offer
ed by committee appointed TO in
yestigate the case, dissolving the
Louisville Presbytery, and authoriz-
ing the radical members to constitute
new one in sympathy with the AS
sembly. After much discussion, dur
ing which one member the Rev. Mr..