The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-12-24

OF accumulated wealth.
''rAppLE YOUR OWN CANog.n
II Is true tina: n few individuals with ;hcir
! "e"ws and canoes con go along and pick up n few
| nobules, and. perhaps. u few tons OF these phos-
phates,but can they develop the mines that lie
down deep In the water, and to bc realized and
dug up only by long iron arms which must go down
In the depths, driven by the power OF ncvcr-tirlng
| steam9 VIII the state, or Will the Senate think,
| for one moment, that there Is any great deposit
| thnt can bc dug up by individual capital alone ?
| Perhaps this nnd that man who owns q canoe
may pick up, rs have sad a few nobules and
few tons, but is this the way for the State to de-
| vclop and make profitable this important mincra.
-weathf Is this the mode by which IL Gun be
| made avaiIablef Who that ia familiar with the
! springs that move the affairs OF men can advo-
cate such an absurdityr No. let US be reasonable;
| let us look with the eyes OF business men upon
| the development Of these mines applying the or.
dlnary rules OF business to the enterprise. In do
| Ing this we shnll, from whatever premise, what
ever principal, VIC start, travel TO but the one
| conclusion viz: that capital must be Invoked TO
start, carry on, and finish the work. or the mines
| must sleep and sleep forev or.
GALL IS NOT ooIp,r &C.
Look ut the California gold mines. AT one time
| 1t was thought that 1t only required individual
| effort to work the mines, but It has been found
| necessary to organizc large companies, and to
accumulate millions in order TO work them sue
| cessfuy. 1t was only q few days ago I had
placed In my hands an account Of the work ncces-
sary to develop one OF the richest mines In Call
fornia. That account says that It cannot be done
except by the expenditure OF 1--WE millions OF dol.
lars. The richest mine that hns ever been discov-
cred In the world cannot he worked successfully
except by the investment OF capital TO an amount
really startling.
THE CHARLESTON REAoSsTRAHCE.
II we wish to develop these phosphate beds, &c
we wish to bring out these great deposits so that
the State can get any beneft,w must place them
| In the hands OF capitalists; yet here Is q remon.
| stance from Charleston which says that 1t ought
not to be done lest 1t will hurt some poor Usher
man, some poor woodcuttcr. II Is as prepostcr-
ous to attempt to work these mines without capt.
| tai as to attempt to move the earth with hand
| spike. For woodcuttcr or fisherman to ut
| tempt to develop these mines would be as futile
| task as to ATTEMPT TO stop the sun In It's career
ALLEGED MOVING ARGUMENTS.
think, Mr.. President, have demonstrated or
| intimatcd the arguments which ought to move
the people OF the State In this matter to give IL
| to somebody who will develop the mines or
beds OF phosnhates by the proper investment OF
| capital What have we been doing up here NJ CO.
| lnmbia for the purpose OF building up manufacto-
ricsf Wc have given Mcssrs. Spraguc Il Co. prop-
'er'y which cost this State from one to two mil.
lion OF dollars. IL Is believed tint they Will lc
velop this property; that they will employ large
huinoer OF lnboring mcn, which will Lcncnt the
STATE, the city, and the surrounding section or
country. well, then, II q company with q SUM.
clent amount OF capital Will tnkc hold of this I'm,
siness, where there now from four TO five or mr.
teen to twenty men employed, there will be five
hundred given steady employment with good
pay. Instead OF four or five men stealing phos
phates belonging TO the State, there would be
hVc or SIN hundred men getting honest wuges.
but capital will never go there unless there ia
some induccmeht or authority to do 80. under.
stand that senators here nre ostensIby lcpisla
ting for the benefit or the State. If we want To
realize anything from these mines, put the In
tercst In the hands OF responsible parties. Why
because none but responsible parties can develop
the mines, bring the phosphaics to the sur
| face, utilize them and mike them ut for USE
Leslie, interruptng: Did you or anybody else
hear that any one made any claim to these
phosphates until this bill was introduced in tile
6cnatef] Never. never heard O whisper OF
such thing until this application was made
Mash, intcrupting: You say Irresponsible par.
ties;" Will you tell the Senate who are these re-
sponsiblc parties u mean responsible men who
do not care who makes up the company so
they will accumulate capital aud devote It TO this
interest, and become known to the State say
II must he put in the hands OF responsible mar.
ties, In order that the State should realize any
thing from It, First, because none but RESPONSE
bic parties can develop these mines; secondly,
none but responsible parties will send returns 10
The government.
CONCLUSION, so-cAILED.
simply want to say, In conclusion, that IL this
and that man, with his little canoe or scow, can
paddle about the streams here and there, picking
up at low tide q few broken rocks, the State viii
never realize anything from that performance
But IL, OH the other hand. responsible men can be
Induced to engage In the enterprise and enter
into contract with tile State and pay the proper
royalty, then the State will get the benefit. But
wlint astonshes me In, that the senators from the
up-country Will sit here and attempt TO defend
what are called the rights OF the people living OH
the banks OF the streams and digging the piiOs
pilates from the beds ut low tide from property
belonging to the state without any remunc-
ration. Suppose / happen to live near
my friend from Marion and he showed me gold
mine on his plantation, or at least a phosphate
bed Now, IL during the last year I had been in
the habit OF going over to his land, carrying on
his gold or phosphate, and he should at last wake
say to him, you have nc right TO this mine; pro-
pose to dig this mine myself; the people have n
right to dig where they please because It Ia M.
taral deposit. and have just rs good right to 1t
as you have. This is the only argument used on
tho other side The State owns that land just rs
much as 1t owns this Statehouse, and has right
to receive tile bencnt Of It. These people who had
been stealing these phosphatcs may howl and
groan, but there Is no answer to the argument
that the State owns the phosphatcs and that 1t Is
the duty OF the STATIC to develop them In tile best
possible manner.
PRESSURE.
There were seven propositions In the Courier OF
day before yesterday, attempting to show why
the State should not undertake lhis business, and
every one is false from beginning to end. 1t first
says the ate doesn't own the phosphatcs-the
next says Ii at everybody has n right to dig, ana
do as they plcnsc Another rcasnn L. tint IL