The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1873-09-17

and Rev. Mr.. ScabroOk, OF Crafleslo'i,
Il teacher of a colorcd school there,
and a native Of the State. There arc
also several applicants Of Northern
nativity in the field.
THE FACTORY QUESTION
It is now pretty certain that We
arc to have q cotton factory here of
some soyt before many more months
shall have passed. Besides the pro
posed water power company scheme
mentioned in my last letter, there
arc several others on foot, one OF
which is supposed to be headed by
Ex-C x-Comptroller General Neaglc, who
has Just returned. from q visit to
Northern manufacturing towns.
There is also another project to build
Il small factory right away; this is
headed by three we'l-known men Of
means, who, if they take hold of the
matter, will probably carry IT
through. In whatever way they
may be built, experience every
where q factory has been put in opcr-
alton in the South-has demonstrated
their great profit. People in other
sections Of the State have also begun
to open their eyes, and who knows
but in few years we may see hun
dreds of thousands Of spindleS manu-
featuring some Of the products Of
our own soil.
RUMoRs FINANCIAL.
One meets rumor at nearly every
corner as TO what is to follow on the
heels of the decision in the Norton
Bliss case. The, idea that anything
is meant by the limit Of payment of
interest to the five bonds mentioned
in the proceedings, is pretty much
exploded. 1t is generally believed
the whole affair is part and parcel OF,
us huge a job as was ever put up on
u tax-riddcn people; if it is not, it
certainly behoovcs all the branches
of the administration TO do something
that will assure the people of their.
honesty of purpose, for majority of
them, and Of all political shades, now
feel very uncertain about it. Perhaps
no better way to do this presents.
than to have a thorough investigation
of the debt, by q committee that
will tell the truth about it, and as
they find it. Milk and water writing
ut this juncturc by the press, is. just
whatisuits the purposes of any ring.
and is out of place. If the Legisla-
turc should decide to examine into
the debt, it certainly should be willing
to work in harmony. with those upon
whom the burden rests, and allow, a
representative to follow the matter
with them. Nothing short of this,
Judging from every day remarks
beard on the street, will satisfy the
people. Experience and expense have
shown what legislative Investigating
co nmittecs do.
The talk of consolidating the whole
debt, pay certificates, bonds, and all.
is moro frequent than ever. OF a
certainty, this would be a channel
for somc to get suddenly rich, a
channel deeper than any that has
heretofore existed. With State Sc
curitics quoted in New York at a
lower figure than the accumulated
interest upon them, it would even
m ike the drowsy-cycd, cherubic
Kimpton fi'isky. lie is supposed to
be laying exceedingly low for this
event.
Financicrs just returned from New
York say that the Supreme Court
decision makes no difference to the
bonds held there; the innocent hold
crs hope for the best, keep shady,
and Instead of investing, they are
only waiting and wishing for an OF
portunity to unload.
There is a turmoil in tho inner
Notwithstanding carefully kept
from the newspaper men; it is ru-
mored, however, that to carry through
the project, or more properly "thc
job, an clement Is wanting, ana can
best be found wrapped up in the cor
poratc form Of G. P. Leslie, the gay
'lcccivcr. 1t is not i wide specu alton
to imagine. that a part Of the pro-
Fgrammc to wolk through the '.iobs"
that may como before the next Gen
cral Assembly, was to send the oily
tongued "Charles' back to The Senate
again. The New York ring, acting
inFeoninction with the other; menl-
bcrs, might have arranged somehow
to make vacancy, if the game was
heavy enough to warrant, . liberal
expenditure of that all-powcrfnl am
muntion - grccnbacks. BY what
means he was to come, if he was, has
not been stated, but there is vacancy
existing in Fairfield county. 1t is
not either beyond the power OF
shrewd manipulators of tho political
wires tn make other vacancies. if we