The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1868-04-29
GREENVVILLE AND COLUMBIA
RAILROAD COMPANY.
PRESIDENTS REPORT.

of the operations and condition OF the ROAD
for the year 1867:
The earnings of the road for the year
are; as shown by statement No. 4:
From freights ,.......... ,SloS,99o o. o.
Passage and extra ........., SO,o9o 20
Approximate Government ac-
counts. ........... 100 go ~, ~
Mails. .....'.' ii''oo w
Total .,.,. .s269,7S7 AZ
Current expenses, as shown oy ,o
Table No. loS'Sio 0V
Nott income S99,S13 81
This amount has been applied TO the
nave,eat of the floating debt, contracted
in the restoration OF the property OF the
Company destroyed by the treshet OF
1865 and the war; for the particulars Of
which reference j., made TO Table No. z,
herewith, annexed, BY whcl, it is shown
how this siaoamt has been appropriated.
By reference te the same table, it will be
seen that. the foatiag debt has been mate
rally reduced, as compared with the pre-
yious year and is now entia'ely within the
control of the Ccmpany-there remaining
only y few claims OF amy considerable
amount, and which the income OF the
road, if applied to that purpose alone, will
soon entirely cxIinguish. The pay rolls
tor 1861 have been paid, aud the matera
purchased, including wood, lumber,and
supplies forsthe work shops, have nearly
ali been paid for, leaving II small oalanve
due fo,. Labor and material furnished pre-
vious to 1867. 1,,-s
The1nett income for 1867 is not as large
asfmayyhave been expected; but 1t must
he remembered that we have been sub
iected to every conceivable misfortune and
disappointmeut--tar greaterthan has.evef
occurred before. or,is at allllkeiy toNoccur
again, except by some Providcntal o'cnr,
renee bye which the working OF the road
should be. interrupted. Thecrop of 1866,
along the line of the road, was almost an
entire failure, both OF cotton and gram.
There being comparatively little cotton
or other produce to sell, there was little
to9be sent MP the road in return, anu tile
extreme scarcity of money reduced the
income from both transportation and
travel. This, in connection with the
Strengthened condition in which The couh-
try was left at the close OF the war, com
pletefyS p:aalyzcd and prostrated business
of every kind. AS an indication OF the
great scarcity of provisions, resulting from
the unprecedented failure OF the provision
crop, there was sent up the road during
the year 2O9,655 bushels of corn, and
lO47 housheads of bacon, of which 22,SV3
bushels of corn and 10 hoghcads OF bacon
were, charitable donations from other sec
tions Itof, the country, and were sent up
the road free of charge. 1t may DC aoueo'
that in consideration of the great desiitu-
ton of provisions along the line OF The
road. the Directors reduced the tariff on
corn to ten cents per bushel tor the entire
line, and in the same proportion for inter
mediate stations, with the intention of
contributing. as far as possible, towards
the relief of the people. There was also
a large quantity Of guano, and other icr,
silizers, sent up the road at nomlnal
charge but this, it is believed, has been
amply remunerative in the increased pro-
duction of the crop of 1867, resulting from
its application--bu little of the crop was
brought. tosr market until after the lst-of
January, atd1does notappear in the tables
of this report. That the amount OF work
done in 1867 exceeds that of the year pre-
vious, is shown by the fact that during
the wear 1867 the number OF miles run
was 1882; while for the'year previous
it was 1lS,446, being an increase OF %, 4Zo
and that the gross income rs rot ILL.,
creased in the same proportion is account
ed for, in Il great measure oy lhe '''ct
that a. large portion OF the freiShts moveu
were of the class which were sent at Il
nominal rate, and donations for which no
charge was made.
Then the road-bcd, trestIes, bridges and
rolling stock, were in shch condition tnaI
they required !. large quantity ot timber
and other material TO put them III such
condition as to make them safe ami 4of
sufficient capacity To do the business
which was reasonably expected TO tie "i'
fered. During tue latter part OF the war,
and for tie two first years after its ter
mination and WREN the lnc was broken,
Very little timber was put into the road.
Consequently the timbers became very
much decayed and it was Indispensable To
replace them The Company was not
then in the condition TO make such gem
eral repairs as were absolutely necessary.
During the past year we have boon cl'-
bled to use part Of the income for that.
purpose, and the condition OF The road and
rolling stock has been materially improv-
ed. During the gear therelave been put
into the track 73, ,923 cross-ties and 6,6l9
stringers, inelnding Glib cross-ties put
into The Blue Ridge Road, from lst June
to 31st December. besides large quantity
of timber used in repairing the trestles
along the line. While these repairs have
;ncreased the current expenses ofthe year,
and reduced the nettincome which would
- 10 enrad il WIS thOu1ht