The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-12-19
lSIl.......ss.... 80
1872. ESTIMATED at. 1917

taxpayer, aud sanitary aaFausaSSo " on
zens. have not male such municipal investment
the most profitable and popular OF al puOhc o.
penditures bearing On the taxpayer, WINE as
householder he enjoys the comforts ano leasl
fulness Of . plentiful sa1a isppp by. % without, mssst' cost alto
| gerher, considering the reouctlon Q. ms = IS soree
| ssnce. In this connection, too, We must not iorse
| tile great saving to the city OF dlspenslng VIII. ~, ~
engines almost wholly, and the consequent gres
| reduction in the expense OF the present nre de
partment. To the CITY OF charleston This systen
OF water works can hardly be oVer.esnmateo as
security against the Interruption ueI 30 Oh ,S oI aaa1 NJ !;
and the possible recurrence or q connagratioi
which ia so well remembered by Us an, and Whlci
the recent frequent disasters 10 otnel CLUES Oh,
well calculated TO recall aud commend ID GU
most earnest consideration, OF any reasonaoN
coat which the citizens can bear Tor tAe protecloI
OF their property and their 81 wen a.
for their individual health and domestic con
venience.
lam, my dear sir, yours truly yISs -, n,ru.es
vlce-presldent E. Horny Frost offered the
following resolution, which was adopted:
Resolued. That the recommendations OF the
Chamber be hereby approved, ana tnat tne mat.
ter OF petitioning the legislature In the form OF
W " a. and canal Company be left in the hands Of
the Mayor and Aldermen, also, that the communl
cation OF colonel Lashers upon the subject De lof'
warded to the Mayor and Aldermen, as inlurma'
ton.
xice-president Frost, as the chairman OF the
committee OH commerce, submitted the FOL
lowing report:
The committee to whom 1t was referred to col
lect the trade statistics OF this port fur the past
seven years up TO lst September last. with the
view Of showing the steady progress OF tue CITY
In business, beg leave to present the ACCOMMODATING
E.-4 A@4~ raHaTnllu nR0n0r rod Qnn
which It Is hoped will snswer the objects In.
Before making any remarks upon the fects
which these tables present, 1t may be as wei 70
recall to our minds the condition In winch the
A large and valuable portion OF our city had
An The railroads in which the city was inter.
ested fand the debt OF the city Is largely due 10
subscriptions to railroads) were worn out, and IN
some instances destroyed.
The Eiue Ridge Railroad, in which the ci y had
one million OF stock, one-hth OF its DEBT, was
or have been Obtained since to complete 1t.
The rich seacoast or the state, which furnished,
with its cotton and rice plantations, 80 large an
amount OF valuable produce for export aud re-
ouired such large supplies OF goods, was ruined.
The planters who made their residence In Charles
ton. who formed q leading class among itB Gil.
zens, and VINO spent their Incomes among us,
were compelled by their fallen fortunes TO seek
elsewhere cheaper residences than q city al
fords.
Merchants found themselves with their long &C
cum mutations gone forever from them, aud 10th.
ing but their old credit and character lett, and 9
banking capital OF fourteen mlulon oousrs was
almost entirely swept away.
Taxes which In former years had been levied
upon incomes derived I. ON the various pursuits
OF life as well as upon property, were now by new
naturally fell chiefly upon what vas vlsible-reaI
estate.
llticsl and social organizations; the forming Of 9
new government, In which the late slaves be
cane the rulers, and the Hood OF extravaganza
and corruption which has naturally followed
and there Will be no wonder that Tor q long time
there was small improvement visible In building
again the city, ana It's desolate places still re
manned.
Our merchants, however, with their accustomed
enterprise and energy, put forth all their means
and credit 10 remedy the ruin which had be
fallen US, with what result q reference 10 tht
tables will show.
For these we are much indebted TO the valuable
assistance OF MI. r. A. Tavel, whose CARE and &C
curacy are well known.
be seen that the receipts for the year ending 1sl
September, 1885, were $4,000 bales. and for the
past year 2s2, 600 bales, and that the proportions
which our receipts have borne TO the whole Gro.
nve per cent, 10 1857 eight per cent, in 1858 ter
per cent. then, by reason probably OF the heavy
losses sustained In 1858 by those engaged in
making advances to planters, which limited theil
resources, a falling OF In 1859 and 1870 10 eight
per tent., gaining again in 1871 TO mine per cent,
and last year, 1872, to ten per cent.
1t Is gratifying to note also In this connection
that the cotton received here for sale Tor local. In
distinction to that received In transit Tor through!
has kept up its full proportion OF twe.thirds OF
the whole.
The exports OF lumber show q gain last year Of
twenty per cent. In quantity over the year before
The business In naval stores has been steadily in
creaslng each year since 1885, and last year the
exports were sixty per cent. more In quantity
than In the preceding. And In rice, also, Their
has been a steady yearly increase, 80 that the OK.
ports, which In 1851 were IL, 900 tierces, amounted
last year TO Is. 900 tlerces.
The committee regret that through unavoidable
circumstances they are not yet prepared with
complete statements OF the manufacture OF phos
phate fertilizers and the mining OF phosphate
rock. These branches OF business have In the
past two years assumed very large proportions
take q prominent place in our exports, represent
o large amount Of invested capital, and bid fair
TO become sources OF great wealth. With the a..
sistance and cooperation OF Major Ed. Willis,
who has taken almost entire charge or these
branches, and to whom the committee are much
indebted. they hope soon to present to the Cham.
per q most valuable paper, which Is now nearly
completed, and only delayed by the want OF state
menus rom TWO or three firms and companies,
which will soon be obtained.
The committee would fail In their duty II they
the increase which has taken place in those
branches OF trade and commerce not readily put
IN the form Of Statistics.
The jobblng trade, which In the face OF occa.
slolal rever3es has now attained a sure position.
and each year the merchants oft Interior prove
by their increasing purchases The advantages OF.
Tered them by our merchants OF Meeting street,
Hayne street, King street and East Bay.
The banking capttsi, which Is now In public in.
not less than three millions, the stock
held almost entirely In the names OF our own citi.
zens, to say nothing OF the capital OF private
the city.
the amount or work done by iron foundries and
In other branches OF the mechanical art, which