Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1880-07-01
WALHALLA SOUTH CAROLINA THURSDAY, JULY l, 1880
Ga, distance of 237 miles. The capital
stock of this corporation was reported 10
the financial statement of 1872 al S5. 600.


stock of this corporation was reported ia
the financial statement of 1872 at $5,O00,-
600. There arc many other branches and
loased lines radiating throughout tho terri
tory heretofore mentioned. The effect of
this combination will be to give greater
economy of operation cud increased effi-
oienoy of service than has heretofore boon
possible under the old condition of things
whero tho roads wore independent and dis
connected. While it secures to tho owners
greater protection from competition. it nlso
affords tho public better and cheaper fa-
cilities.
Among tho parties interested in this en-
tcrprise nrc those controlling tho coast line
systom Of railroads, including tho new and
short railway lines running from Charleston
and Savannah to Florida, aud also num-
Dor Of steamship lines trading between
Philadelphia, New York, Baltimore and
Southern coast ports. 1t also connects at
Richmond end at Danville with the railway
lines from those poiuts to the Northern and
s-attcrn States for through passenger and
rpross traffic, nrd at Norfolk aud West
An,nS with the steamboat lines to tho North.
ern aud Enatcrn ports for through and way
traffic.
In another column will be found full
particulars of u railroad combination that
would be very astonishing in any other year
than this. The new combination bids fair
to become one Of the greatest in tho coun-
try, and to cover nearly every important
point in tho South. 10 reach Brunswick it
will necessarily have to build line from
the Selma Road to Atlanta aud Macon, and
to reach New Orleaus, an extension of
some existing line will be necessary. Tho
new comtinatioo, consisting as it docs Of
long purses, gives Additional assurance that
the South need have no fear that shc will
not have plenty of railroads Four great
corporations arc now enlisted in the work.
the Illinois CcntraI, tho Louisville ond
Nashville, the city Of Cincinnati, and tho
Richmoud syndicate AUunta Constellation.
Richmond Va, State
The extract from the Now York Times
entitled, "New ]sailroad Syndicatc,"
whilo Ii presents a birds cyo view of tho
general features OF tho new railroad comb
nation which is destined in Tic near future
to trlng through Richmnnd 70 West Point
the great bulk of the Southern aud South
western traffic, on:its somc o. Tho most i'm
portaot features of the enterprise Twenty
millions of dollars, the sum which is mcn.
toned as having been embarked by capital.
lists, would be very far lcas than tho aggro-
gate value of the railroad properties form,
ing tho combination. Twice the amount
mentioned would DC below the aggregate
value CT the magnificent properties repre-
acotcd in whct the Times calls the Rich.
mond aud Danvii!c tunk Rha system.
But ooa Of tue nnnsi important features Of
the co"hinatiou which is not alluded to in
tho Times article is he rromiscl connection
with the Cincinnati Southern Il, i!rosd BY
way of tho East Tccnncsscc aud Virginia
Railroad, connecting ot Paint Rock with
The Western North CaroIina, aa'' nNurdinc
new aud easy line lor The distribution OF
The products Of tho great West arnong tho
Southern and Southeastern States.