Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1867-03-21
TRADE WITH CHARLESTON.

The Winnsboro' (S.. C) Me,cs publishes COM
muncation upon the subject of trade with Charles
ton. This communication is too long for either
republication or detailed reply; but its whole OBJ
ect is to assert and attempt to prove thatthe trade
of the upper districts is diverted from this city by
the injudicious policy of the South Carolina Rail
road and by the iliberality of Charleston mer-
chants or factors.
For so much of the communication as refers to
the policy of the South Carolina Railroad, the wr
ter is referred to an article on the Charlotte and
South Carolina and South Carolina Railroads,
which was published in the Mercury Of the 3lst
on many points, and will also enighten him upon
several matters which he now appears to totally
misapprehend. 1t may, however, be stated, in
addition, that it does not cost twenty-five TO- fifty
per cent more to ship freight yaa Charleston thar
it costs to ship freight by the Northern route =
that the freight on Cotton from Chester to New
York vsa Charleston, is five dollars and no more
and that while one package Of freight may have
been "from twenty to thirty days." on the way
from New York to Winnsboro' it may be proved
on the other side that large quantity OF freight
left New York in the Moneka at P. NJ. on Wed.
nesday, the 9th instant, arrived in Charleston on
Saturday. and was delivered at Augusta, Ca, on
Sunday evening, the 10th instant. It seems to be
simply nonsensical to state that freight is habitu.
ly fifteen days on the way from Baltimore, or twen-
ty or thirty days from New York, to any point on
the Carolina road. -...-..... ..,.....A T..
The proper reply to the charges made against
the merchants or factors Of Charleston is very
simple one. Regular and old established factors
in this city do not charge 'sfor buying nor dc
they charge more as interest upon their advances
than the regular bank rates, which are about one
and-a-haf per cent. month nor is it customa.
ry for factors to require mortgage on the planta
tons to secure the advances that they have made.
Money is of course particularly hard to obtain al
this time, and Northern money lenders, tor this
reason, require mortgage security, and share Of
the crop or high rate of interest. In Charleston
however, this is not the rule; and in the excep
tional cases. either unusual advances have beer
required or there was an extraordinary risk to be
incurred, which rendered special arrangement
necessary.
The assertion of the writer of the communica
ton referred to- that "We need not anticipate any
change for the better in trading or commercial
point of view, between the City Of Charleston anc
the citizens Of the back country, until Charleston
Acknowledges that she is not the whole State o.
South Carolina that all the concentrated wisdom
of the State is not to be found in Broadstreet: thai
there are other railroads and other stockholders
whose interests are to be consulted as well those
of the City of Charleston, and that those who art
now toiling and laboring for living at the plough
handle, are not to be Shylocked out Of their estate,
by gentlemen of ease behind the counter, needs
not one word of comment from us: Charleston
has shared the ruin which the war brought upoII
our State her merchants and factors have done al
that could be done with the means that they pos
sessed to encourage the general trade Of the coun
try; they know that their prosperity, and the pros
penty Of this city, depend on the prosperity Of tht
people of South Carolina, and they will continue
to do all that is in their power to aid and assist tht
planting and agricultural interests Of the State
Chaxleston Mercury.