The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-12-02

&As Wv = 2n's auJouEncOs
Blue Ridge RaAlroad---LiBht Breaking
In reply to the inquiries of ga Rail-
road Man" in Saturday mornings PHG-
NIX, it has been discovered by those who
know, tbatthe "Blue Ridge" is not dead,
and no purpose exists in the minds of
its present guardians to strangle it. or
permit it to die for want of pabulum. On
the contrary. if the contract with Cress-
we'll &c Go. has, in fact, been resoinded,
as to which, more will be developed on
the meeting of the Direction. it has
only been done to allow those in autho-
rity to 'roll up their Sleeves" ''spit in
their hands," and take o new hold that
will enable them to press forward the
great work to its early completion, with
out calling on the State to meet accruing
interest, or for further aid ut present.
In other words, the contrnct with Cress-
we'll & Co. is merely in allegiance, and if
u renewal is not made with them, the
work will be let to other contractors,
upon new basis, covering terms much
more advantageous to the State, and as
snring the construction in due time of
this most important line of internal
commerce. When the contract with
Cresswell Il Co. was made, gold was at O
premium of forty per cent, and the es-
Inmates in currency were made upon that
basis. Now. gold has receded to twenty
four per cent. and is rapidly tending
downwards, which will enable the Com
pany to construct the work for an ag-
gregate sum so greatly reduced rs to
approximate the original maximum esti
mates of Col Quinn, The public may
rest assured, therefore, that the present
apparent condition of things, is the re-
suit of u wise policy on the part of the
Blue Ridge Company, and that no pur-
pose exists in the mind Of the President,
Governor Scott. or any one else, to aban-
don the work. Indeed, as matters now
stand, that cannot be done. Other con-
tracts have been entered into, in relation
to tue work, beside that with Cresswell
l. Co.. and altogether some $500, 900 or
S4OO, 600 OF the guaranteed bonds of the
Company have been pledged by law and
practically appropriated to q continuation
of the enterprise. To abandon it now
therefore, would not only involve ths
total loss of the $3,OOO,OOO formerly
pended by the State and tie people,
would be a downright reputation
contracts recentlG made. and sacri
of, perhaps. S4d of the new boI
The Govern Usage is, tE
somewhat eni >sn,the subj
but beneath IL 3
nently jndicio
complish the
standing the
caused him Il
u repeal of t ;. =. ! !. :. !.
he has no pr
he is still fol stE.' Z =
play the role
have prope1A :. #
'lers to the :,
lature stul >f1{,. 4
1T were POI Its former ac-
whilst seconding the policy of the Com
pany ut present, it will, ut the proper
time, see that "the Blue Ridge" incom.
parably the greatest work that has ever
been suggested for the development and
redemption of the resources of the State,
and the only one to which its interest
and honor are alike pledged, is pressed
to its triumphant completion. The
members OF that body are largely colored
men, but they are moro largely Carroll
mans to the manor born, whilst others
claim to be Carolinians by adoption-in
actual pedis possessio, by their carpet.
bags-and they all know that in this
matter their own honor and faith, as we'll
as the interests and honor of the whole
State are deeply involved, and demand
that this great work be consummated,
whatever else fails. It is, therefore, quite
certain. that the Blue Ridge Company
Governor Scott and the Legislature, will
DO found, on this subject,
ALL RIGHT.
MORE OUTLAwRY IN NKRNTUCKY.--Ad des-
perate character, named Cooper, who had