The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-23
.D'LrrMBIA. s, e, e.
Sunday NMcrAine, march IS. 1878.
Pr.pare for M.nsSSifao.urinx. Sc ;.;

,t - ~ -
ness * cotton and paper manufacturing
and other branches OF manufactures in
this State. as one which promises rich
fstarns to shareholders and large adyan-
.tskes to the communities in which they
hay be conducted, in The employment
ahd remuneration Of labor, and in the
inoreased volume and circulation 81
money in their midst. We hhv7ass given 81 En-
the facts; the living experience OF Sd
iuda.. Graniteyille5 Pendleton and Rsd.
Bank. il this. State, OF Augusta. Oolum'::'
bus. Macon and Roswell IN. Georgia.
and of Alamsnoe. in North Carolina. all
OF which. and many others might be
mentioned, amount to demonstration. a
manufacturing establishment becomes d
noneyed centre. and grows into oom-
munity of consumers and buyers. The
wages paid hands every week go to the
support OF stores. shops, schools,
churches, farms and gardens,. These all
cluster around is. Lumber has to be
sawed, bricks burnt, mechanics and la
boreFs employed and buildings erected.
Iifs, animation and and he,aalthfal activity
follow this diYersits.of pursuits; intsllii
esnoe 10 difnsed, and general improve
ntsnlaa! ,letla !! {sollo,w; twill not be Aeceasafy
to Ii1rsue. this line Of argument much
flMHtAast. The figures Of companies wh,iiah
make lssse improvements in their bnifd.
ings. whtth REPLACE worn by new and
costly e6aachiaets7. which carry large.
amounts to :sheiFi surplus fund, and at
the. same time declare handsome divi.
dends. illustrate the profits OF the busi-
ness in g way which cannot be gainsayed.
We are convinceds that our people are
alive to the importance OF diversifying
their puranite; that they see prosperity.
and fortune in the development and i'm
provement Of the water powers they pos
sess, and, in giving. useful. and profitable
shaps 70 the tiEbess IA fiiei5 forests. and
in their favored climate and ita produots,
they well, qn1srstsnd; that they enjoy
speoial advantages in following out the
policy Of manufacturing. =.
1t is tsue. they wet9 somewhat dis
heartened by the failnre of the Legisla-
tures to pasa Law, such as. Georgia-and
oth& pstshSoaahHq, States hayegpa
exemphng capital 'dssd la ans66faotdfing
from taxation, Tor a term q years. This
has been q drawback, but We confidently
believe that it will be remedied. at the
beginning 81 tbs nexl session" The
voice OF the General Assembly was un-
mistakably in it's favor. It Was passed
by each Honse. separately, ,busso ologged
in the Senate. by q few taotionints. who
secretly dread that 1t will be one Of the
means Of emancipating the Stale from
their control, that it failed in the last
hours a the session to throw them of.
But.it will be passed. The State Go
sernment itself will be obliged to favor
It. They can in no way increase the
debt Of the State, either by, loan Of its
credit. by guaranty, endorsement, OF
otherwise! Their sole dependence must
henceforth be- in the taxes, and it will be
to their interests to foster new enter-
prises. and 10 seek to develop the re-
sources Of tho people, in order that the
Treasury, upon which they depend. may
be duly replenished. We cannot OK peot
them to favor improvements. in the
country for the sake Of improvements,
any more than we can hook 30 them for
reforms for the sake Of reforms; but they
have sense enough to understand that.
like everything else, public dishonesty has
its appointed time, its fixed tether, be-
yond which it cannot go, or live. For
their own interest, then, they must now,
or ere long, encourage whatever will make
money plentiful in the country, and
bring good share of it into the Tressu-
ry. where they can get at it. Perhaps
higher motives will influence some OF
them. We are inclined to hope they
may. We can count with certainty upon
:h:i- eerse Of csl:-interest.
Our people should look steadily ahead
to the changes which are coming. 1t is