The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1877-04-20
For the Times.
Tor the Timcs
LETTER FROu CHARLESTON.
wMIrSwAsMING

The Annual meeting of the Stockholders (?)
of the $. G. Rail Boad has passed off very quiet
ly, with the usual vernal whitewashing. Very
little interest is felt in the concern save by those
who hold the bonds and promises to pay of tho
Company, and the gentlemen who occupy easy
chairs and draw fat salaries. 1t may be mat
ter of surprise, however, to many how o road
which pursues a policy dictated alike by an
intelligent perception of its true interest and q
resoute purpose to be fully abreast Of the most
advanced line of conduct, which, looks TO the
prom 'tion of the prosperity of Charleston--a
prosperity absolutely identical with that of this
Railroad" With "Board' that .'needs no mr.
gument to convince them of the superior claims
of their local business. They are net the especial
advocates of q 'Throush' business. They seek
it not at the expense Of in opposition to, but in
nil and support of Local business; and when
otherwise represented, they are unjustly repre-
sented," should be abused by almost every mer-
chant in the city OF Charleston, for its illibcral
discrimination in favor of other places to tho
| injury of Charleston.
In the very same paper which publishes this
report the memorial of the merchants of Union.
proving the very facts, is published; but Of
course it would be bcneath the dignity of this
magnificent corporation to notice complaints
coming from such quarters.
Unaerneath MI the rhetoric OF the report it is
manifest that the debts have increased, and that
the payments have been only transfers from ono
pocket to another. The adroi,ncss with which
experts in figures nowadays can transpose and
elucidatc is marvellous. man must be gifted
with the 'sccoad sight who can see into the
mysteries of Financial Report.
The fact, however, that this Rail Road has been
hard up all the time fer 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 it is not in very pros
porous condition, so far AS 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-
g'me-"llampton and Reform" Everybody
seems to think business will revive right of,
and everybody get rich and grow happy. The
breaking up Of the onxiety and suspense which
has hung like pail over the cosntst for fys
long weary months, will doubtless inspire eyery
lover OF his country with new hope and ntsS
Vgor-but something more will he neoessssy y 10
oring about prosperity We must remember
that for 10 long years we have been plundered
In every possible way. The county is ,lemor,
alized-it is bankrupt. We bavehad no law but
Robin Hoods. 1t will take time, patience, the
most rigid economy and hard work. to bring
aooul restoration. Let us have no new tangled
schemes for Legislative hobby riders Consoli-
date ohees'' reduce seeiaries, cut down all un.
necessary expenditures, and go into no cxperi-
4 ments Unit! we get cut of the wilderness. Let
. usgioi!ow the example OF our noble and wise
standard bearer,and through peaceful, resoute
u policy, convince the world that VIC are in earn
Wv NOUS Vl-UEONE.-