The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1873-10-23

markets OF the world.
Resolved, Therefore, that as most important
measure to effect such an object, there should,
as soon as practicable, be completed from the
city of Chicago grand trunk railroad to one
or more of the North Atlantic ports with such
branches and connections as are necessary to
supply the planting states, and also through
such seaports to reach foreign countries with
the smallest possible cost in transportation.
Resolved, That the delegates from the several
states represented in this convention, pledge
themselves to use their best efforts to organize
and secure such charters and such connections
with existing railroads as are necessary to ia
ciltate the success of the great enterprise.
Resolved, That the several delegates will
also use their best efforts to procure along the
road such subscriptions and other aid as may
assist the enterprise and satisfy the capitalists
abroad that those Immediately interested have
full faith in the success of the work, and of its
financial profits on investment.
The report was adopted, without dissen-
tient voice.
Mr.. Dudley moved the appointment of
committee to obtain charter for the line
through the State of Kentucky.
Hon. 7. L. Jones, as an amendment, moved
that committees be appointed for each State,
with the same object, and for the general good
of the railroad. He proposed that each COM
mittee should consist of five members, and ap-
point its own chairman of the Central Commit
tee in Chicago.
Some discussion cnsued, and at length Gen.
Harrison. of South Carolina, moved to amend
the amendment by leaving the election of each
committee to several State Conventions He
called upon Mr.. Rae, of Chicago, to address
the Convention.
Mr.. Robert Rae, spoke at length on the sub
ject. Some months ago, he said, MIR. Hayman
delivered an address before the board OF trade
of Augusta, Georgia, favoring the establish
ment of an air line from Chicago to the sea.
The Chicago papers shortly after published an
excellent letter on the subject, from the same
gentleman. The proposition had first come
from the South, and it rested with the South
to build the road from the sea to the lake, and
not for them to build it from the lake to the
sea. Chicago had almost all of her energies now
engaged, although she looked with the greatest
delight on the prospect that the road would be
built. He had appealed to every distinguished
capitalist and business man in Chicago and
the northwest to aid in the carrying out of this
noble enterprise, but he regretted to have to
say, that he had signally failed. He wrote to
Dr. Wayman, telling him of the result of his
endeayors, and received from the doctor let
ter in reply to the effect that there was no such
word as fail: Applause On this, the bankers
of the northwest were applied to, with better
success They said /: "If the South really
wants this road we will help her" Chicago
would not build the road as mere speculative
project. Chicago did not propose to take hold
of this enterprise, and put it through; it was
selves to work. Gold was required to build the
tha kot ch yvaa n
earnest before the gold could be forthcoming.
With regard to the financial prospects of the
road, he was able to say that DR.. Wayman, who
was hard at work in the State of Indiana, had
written to the effect that he had q we'll ground
ed expectation of receiving million dollars
additional, making in all 100000 ready to
carry the line to the Ohio river. Every cent
of that sum would be expended in the State of
Indiana. Chicago would take care of herself.
He believed that the South would be equal to
the occasion. The valor that had distinguished
her on the battlefield would lend her ardor to
push this work through, so that the Northwest
and South could march together to the sea, and
open highroad to q grander, wider COM
merce than either had conceived before
ICheers Chicago with Indiana, could build
the road to the Ohio river, and the South had
to look to its completion. He was instructed
by Maj. Vail to say that Drexel & Co., of Phil
adelphia, were willing to act as financial agents
of the road to build the road, if the work
was actively undertaken Mr. Rae closed
with the remark that their proceeding in every
respect should be governed by honesty, and
the road built in honor and honesty, must be
paid for in the like manner. Cheers.
Gen. Clingman, of North Carolina, said he
would like to hear what Kentucky would do in
A. &c b~;c hats Stoto
from the Ohio river.
Mai. Bomar said that the road from Spar
tanburg, N. c., to the Butt Mountain Gap, was
safe. The county of Spartanburg would SUBJ
scribe 100000 hard cash. The road in Union
county was already built but that county
would also subscribe $1500O0 outside of pri
vate subscriptions. The South wanted the
road, and so far as South Carolina, was bound
to have it.
Gen. Clingman asked Maj. Bomar if the
county taxes could be paid with bond coupons :?
That was what was done in his county, The
State bonds of North Carolina were worth FIVE
cents on the dollar, thanks to the excellent
gentlemen-he would not say "carpet-baggers"
who had been legislating for them during
the past few years. They had been worth sc
cents on the dollar.
Gen. Harrison said that they were not so bad
as that In their State OOutn carolina was geC-
ting on her feet again.
The following committee on obtaining char
ter in Kentucky was then appointed James
F. Robinson, jr, James t. Dudley, Gov. Ma
coffin, John c. Cove, and William Pherton.
The Convention then adjourned until 2
o'clock
The Convention reassembled at 2 o'clock.
DR.. Love spoke in support of the Rayburn
Gap route, reiterating many of the arguments
which were made at the previous session of
the Convention.
Gen. Clirgman followed in opposition.
Mr. J. H. Stewart, of Indiana, offered the
following:
Resolucd, That for the purpose of avoiding
useless discussion on competing routes at
present, the delegates from each locality fur.
nnish the Secretary of this Convention with full
and written statistics as regards their separate
routes and local interests, for the future con-
sideration of the Chicago and South Atlantic
Railroad cOmpany