Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1870-04-01
There are several things of direct intere.

County, which we have called attention to
in our columns, and which elected consider
able interest at the time.
We again revert to these subjects, in the
hope that all may again consider them and
that an united effort may fo made to obtain
their benefits.
First on the list is the securing of the
Repair Shops of the great Chesapeake & Ohio
Railroad Located here they would increase
our population with large and industrious
class, which would increase largely the de-
mand at this point for the productions of
our county, and place in circulation here
very large amount yearly in addition to the
cost Of necessary articles provided by our
farmers. These shops would consume large
amounts Of iron, steel, nails, timber of all
kinds &C., and would thus be nucleus
around which would spring up FORCES Roll
ing Mills, Nail Factories, and Manufactu-
ring establishments Of various other kinds
These would add largely to our population
and be of immense pecuniary advantage to
the people Of both town and county
AS writer in these columns suggested
some time since, it would pay handsomely
to purchase the ground and make present
Of it to the Chesapeake & Ohio Company,
! Al, e
years, to secure the location OF their shops
here. This is patent to all who reflect on
the subject, and we invite all to consider it
anew, and confer together as to the best
course to pursue to secure the location of
these shops Mt this point.
The increase at once of our banking facil-
tiles demands our attention. All acknowl.
edge that we need greater facilities than we
now have. and some suggestions have been
made through our columns looking to that
end.
The most prominent were for the estab-
lishment Of a Savings Bank with capital
ofs1O0, 900, already chartered, and the ia
king up of the unpaid stock Of the Virginia
Insurance Company. These were good
suggestions and both could be carried out
without conflict
The Savings Bank could be started with
fair capital paid up, and without our COM
munity scarcely feeling it, and at the expi-
ration of twelve months would have paid
up capital of 100000. This would add
much to our Banking capital, and, together
with deposits, loaned at living rate Of IL
terest, would make large dividend 10
stockholders.
The Stock Of the Virginia Insurance Com
pany not paid up, or at least a majority Of
it, can be secured. The shares are $25 each.
in the reach Of nearly every one, and if ia
ken it would have paid up capital Of $685.
900. The accretions from Insurance, if
properly pushed, would in five years give it
capital of at least $500, 600. and continu-
ally increasing. This could be loaned at a
moderate rate Of interest and would add
much to the pecuniary advantage Of all.
We, of course, in short article, can not
speake in detail Of the advantages or dwell
upon those mentioned in SO cursory man
ner. Nor is it our purpose just now. We
only desire to call attention anew to some
subjects of importance, as we think, to all
our people, in the hope they may think and
then act.
In the mean time we propose to open at
our Office list of names of those who will
take stock in either of the latter schemes,
and invite all interested to either open SINH
lar lists, or come forward and give us their
names. We also again urge one and all to
take these subjects into consideration, and
let US not by inertness lose advantages we
might possess by merely making an effort.
--e-------------
On the 7th inst, tho Radicals will make
an attempt to reorganize their party in this
State and also to recruit from the supporters
Of Governor Walker. In this they will be
mistaken. The Anti Radicals have larger
majority in the State to day than when
Governor Walker vas elected. They may
not be organized like the Radicals will be,
;,ut they learned thing OR two in the last
gnbefnatorial election They learned their
cwn strength and best Of all how easy it
WAS to increase it. 1t also opened the eyes
of the colored people They feared, as they
were told by the Radicais. that the election
OF Gov. Walker would deprive them of their
privileges as citizens Finding this to be
false, they will. henceforth, have no fear in
voting with their old friends and present
employers. They have or are learning that
the interest OF the whites of the South is now
their own interest Those who voted with
the conservatives in the late Gubernatorlal
election are still jubilant over their wisdom
and foresight. Many who voted the Radi-
cal ticket are chagrined and acknowledge
their error, and promise in the future to CO.
operate, for the best interests Of all, with
their old friends and former owners.
Ia truth and in fact, in the election of
Governor Walker the Radical party in Vir-
ginia was killed very dead, and all the pow
ers Of Senator Lewis and his co-laborers can
not revive it, unless the supporters of Wal
ker assist. This they are not likely, know
ing their strength, to do. Indeed the break
is from the Republican party. The colored
voters, as we have endeavored to show above,
who were the 6rmest reliance of the white
Radicals vii be largely with the eonserva-
.iyes Then, unless we are greatly lnista-
ken. on the 9TH inst, the Republican party