The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1878-08-08
9aaerapm yntelii9eneer.
CHAMBERLAIN's NEW GAME.
Itumors that tDisqiet Honest People
South Carolina.


The motion to appoint a receiver of
the South Carolina and Greenyille
and Columbia Railroade, which is to be
heard before Judge Bond in Baltimore
on the Srd day of next September, is
attracting considerable attention. The
notorious Chamberlain is spoken of for
the position, which he would be glad to
get were it not that he prefers refuge at
the North aud visits to Europe to vis-
it 70 South Carolina. 4 correspon-
dent of the New York Sun, writing from
Charleston on the 10th Of July, says:
The South Carolina Railroad is In
trouble. If there is an institution In the
State which clings to the cherished past.
it is this company. The old Bank Of
the State was once it's twin ally, and the
South Carolina College was the Alma
Mater of both. But tho bank has long
since passed away. The College Is
closed the commingling of white and
coiored pupils drove away its old patron
age. The railroad alone survives, and
the power 1t represents is now assaied.
1t is the Oldest railroad in the world.
"oi =. ""o hio1 P.huueu ltS track was
elevated some six or eight feet on
wooden trestel throughout the entire
length. 1t first ran to Augustc Ga:
afterwards branch was built to Colum.
bia. Before the war it was perfectly
solvent; its stock was above par, and It's
dividens were regularly paid. It's stock.
holders were the money p.ople of the
State, and their meetingo were annual
reunions Of the best society.
Chamberlain looked with q coyetous
eye upon this relic of O former ciyiliza-
ton, and made strang propositions to
Kimpton, the States financial agent. to
get possession of it, as we'll Oh the
Grccnville and Columbia Railroad. He
succeeded rs to the latter, but there was
too much conservative loyalty in the
officers OF the South Carolina Railroad
TO permit the wreck of their road. In
fact they waged an aggressive war
against Chamberlain and his wrecks,
and finally rescued the Greenyiie and
Columbia railroad from their clutches.
This was an up country continuation
of the South Carolina Railroad. Though
it was really owned by the latter compa
ny, it was never consolidated with it, but
retained its separate incorporation. The
same blow which is aimed at the one is
aimed at the other.
Bills have been filed by Northern credi-
tors to forecloso the mortgages upon both
Of them, and they have been notified of
motion for the appointment of re-
ceiver, to be made before Circuit Judge
Bond in Baltimore, on September 8. a
preliminary order has been granted Gu
joing the officers of tho roads from dis
posing of any of the property and the
trustees under the mortgages and largest
Southern bonholders from transferring or
disposing Of the securities they now
hold.
1t he's long been known that these
roads were insolvent. In fact, they have
PAID no dividcns for many years, aud on
the lst of last January they did not pay
tne interest upon their bonded debt
Since then they have tried TO make some
compromise with their creditors, but
have failed to do so. Upon tho coupons
for this unpaid interest suit was brought
in the United States Circuit Court, and
Judgment obtained at the last term.
Executions were issued and levied upon
portions Of the real estate of the conipa-
ny. The executioners were enioined by
United States District Judge Bryan,
upon the intervention Of the trustees un-
der the mortgages. This precipitated the
avalanche.
Among the questions Of interest is,
"Who will 10 sh= receiver OF these
roads ?" The position is worth $4,000
year IN money and a great deal more to
an ambitious man In political power. Of
course, there are many candidates for this
bonanza. Pherhaps the most prominent
among the South Carolina bondhoIders ]
is Col. William L. Trecholp,. But,
upon cour. ing noses, it has pesn ascer-
tanned that The Northern bonholders are
in the majority, and that the old South
Carolina Railroad, with all its power, will
pass into the hands of their chosen rep
resentative, whoever he may be. Among
the men spoken Of is Col. G. II. Simonton
one of the South Carolina counsel Of the
Northern creditors egaiDst the road. This
gentleman was the first and last receiver
of the State, aud is one of the Bank of the
State, and is one of the present trustees
of the South Carolina College. He
seems destined &c close the eyes of the
old allied powers Of former civilization.
Cha8bsztaER. who dsew up the bills, is
noz In EuRuE.s- Ch1Sin, from his init
MAKE asar1eEEahssa sssssss shas traveller, was
thoagAt 60 ke tHe coming receiver But
Why Is noa Cha2oberfain's name on record
es an attorney ? The counting of noses
has been done North rs we'll as South,
and it Is feared here that Chamberlain's
long coveted prize, the possession of
theae roads, is to be awarded him as
their receiver. Think OF it-ChImber.
lain once more in South Carolina, the
representative Of its law and of its capi-
Governor Hampton will bea easily
tempted to let slip the warrants of
violated law against his predecessor.
There is coming election, and whenever
any of the lesser Republicans, such as
Sammy Green or Swails, have shown @
disposition to exercise his right to be
candidate, the administration has found
1t convenient to publish his mi4ieeds, as
sworn to before the investi.s .ing COM
mittee: These small men are pigmies
alongside of Chamberlain.
How will Governor Hampton receive
him 2 How will he protect him from
political persecution Will any pro-
lection Hampton can give him save him
from criminal prosecutions
The Republicans say that with fair
election they can carry the next Gener-
al Assembly, and then elect their United
States Senator. Hampton has pledged
his word that they shall have o fair cleo
tion. Chamberlain's wires may lead TO
the Ti:s ESQ Gee PCT =
Tor his service as receiver may be only
pocket money for necessary expenses on
the road to Washington.
The fusionists control the Charleston
newspapers, and are endeavoring to sup
fIraqq; fha Gfrotrbk-ne,f nan- r.lraaxr