The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1877-04-20
TOT INC 1lnlt
LETTER FRON CHARLESTON.
wHIrEwAsuiNG.

wHlrEwAsufNG.
The Annual meeting OF The Stockholders (?)
Of the 5. c. Eail Road has passed off very quiet
IL, with the usual vernal whitewashing Very
little interest is felt in the concer, by those
who hold the bonds and promises TO pay Of the
Company, and the gentlemen who occupy easy
chairs and draw fat salaries. IL may be a mat
ter of surprise, however. to many how a road
which pursues policy dictated alike by an
intelligent perception of its true interest, and
rcsolute purpose to be fully abreast of the most
advanced line of conduct, which looks TO the
prom jtion of the prosperity of Charlesten--a
prosperity absolutely identical with that of this
Railroad" With Board that "needs no ar
gulncnt to convince them of the superior claims
of their LEGAL business. They are net the especial
| advocates of "Throu Oh business. They seek
it not the expense Of in opposition to, but in
al and support of Loci business and when
otherwise represented, they are unjustly repre-
sented," should be abused by almos, every mer-
chant in the city OF Charleston, for its llibcral
discrimination in favor of other places to the
injury of Charleston.
In the very same paper which publishes this
report the memorial of the merchants Of Union,
|
course it would be bcneath the dignity of this
magnificent corporation to notice complaints
coming from such quarters.
| Cudrrneath all the rhetoric or the report il is
manifest that the debts have increased, and that
the payments have been only transfers from one
pocket to another. The adroitncss with which
experts i'll figures nova days can transpose and
clucidatc is marvellous. A man must he gifted
with the "secoAd sight who can see into the
mysteries of Financial Report.
The fact, however, that this Rail Road has been
hard up all the time for money to meet its or
dinary demands, and that its stock has gone
down to $3.50 on the share should be enough
to convince any one that il is not in very pros
porous condition, far the stockholders and
general public are concerned. 1t is worth no.
ting that two of the largest stockholders (di-
rectors) are New York Bankers and Rail Road
men, and the general feeling is, among business
men, that the sooner the whole concern is sold
out and put into new hands tho better.
THE NEW REGIME.
There is great rejoicing here over the new re-
gime-"ilampton and Reform" Everybody
seems to think business will revive right off,
and everybody get rich and grow happy. The
F breaking up Of the onxiery and suspense which,
has hung like pail over the cosntry for FIVE
long weary months, will doubtless inspire every
! lover of his country with new hope and nss
vigor-but something more will be necessity TO
bring about prosperity. We must remember
that for 10 long years we have been plundered
in every possible way. The country is lemor-
alized-it is bankrupt. We havehad no law bu
q Robin Hoods. 1t will take time, patience, the
I most rigid economy and hard work, to bring
about restoration. Lei us have no new tangled
| schemes for Legislative holhy lidcrs. Ccnsoli-
date Offices reduce saaya.ics, cut dawn all un,
necessary expenditures, and go into no cxperi-
q ments un!i! we get cut of the wilderness. Let
o us follow the example o. our noble and wise
standard beaier.as.d through pea, ci,I, rcsolute
q policy, convince the world that We are in earn
: est - NOUS yI-TECNs.-