Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1867-07-19
The Guano Company.


We are glad to learn that a sufficient
amount of stock has been subscribed to
warrant the organization Of the Guano
Company. A meeting will be held at an
early day, in this city, of which due notice
will be given, for the purpose Of organ1-
zing, when the work of construction will
be begun at once.
We understand that while sufficient stock
has been subscribed to begin operations, 1t
is feared that the Company, with its pre-
sent subscribed capital, will not be able to
manufacture guano in sufficient quantities
to meet the demand, and it is hoped that
other subscriptions Will yet be made. As
the organization is now a fixed fact, we
hope our citizens will look into the matter
Among the stockholders are some of the
most careful and practical planters and bu-
siness men Of North and South Carolina,
and the management Of the Company Will
be almost exclusively under the control OF
our own citizens. While its successful es-
tablishment will profit our entire section,
it must not be forgotten that the immedi-
ate advantages to Wilmington will be i'm
nense The more capital that is prOtita-
bly, employed the greater will be the I'M
mediate benefit to us. The firm establish
ment and successful operation of this Com
pany Will be felt by every citizen of the
pIace-none SO wealthy as not to be profit
ably affected, and none SO poor as not to
reap some advantage by the impetus which
it will give to every branch of business and
employment
We know that our people are now labor
ing under pecuniary and political dlsablIl-
ties which paralyzes their energies and in
timidates their efforts. The cherries as
pect of the present, and the gloom OF the
future, give poor encouragement for invest
ments and furnish little hope for early re-
cuperation; but by unity CT action and hon
est labor, we will rise above the darkness
which now enshrouds rs, and the efforts to
relieve our financial embarrassm9nts may
prove the means of our political redemp-
tion-certainly we have nothing to hope
from lying supinely upon our backs and
waiting for our political, to precede our
financial, regeneration. The former is the
convenient shuttlecock of party necessities
and aims; the latter is Sin ourselves
On all sides we see our brethren of the
South casting aside the lethargy undel
which they are suffering, and making {
manly effort to rebuild their waste places
and restore their former prosperity and
wealth. We must not be laggards in the
race We have now offered by capitalists
and experienced business men Of Baltimore
assistance which we cannot afford to Te
fuse. They come to us and prOtfer to sc
hand in hand, sharing equally the cost
and giving to US the management Of al
enterprise which must prove of great ben
eft to our country, and which experience
has shown to be Of great profit to the
shareholders. The Company proposes t.
try no experiment, but to engage III
recognized and standard business-tC
manufacture an article of universal de
mand, under the control OF leading and
successful men. Let us, then, at least
look into the matter for ourselves, reserv
ing our Judgment until an examination
has shown its merits or dement's. We
hope those who may feel an interest il
the matter will attend the meeting o.
stockholders soon to be held, when every
opportunity will be afforded to look into
the matter.