Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1880-01-29

pear for the Cotton Exchange, and Messrs
Chamberlain, Carter & Eaton for. Mr.. Will
liams.
The South Carolina Railroad. -
= The following dispatch to the Ne'0s and
Courier from New York, will interest many
of our readers
The unusual demand, during the last few
days, for South Carolina Railroad stock and
unsecured bonds, is explained at. last. A
syndicate of New York capitalists, prominent
among whom are Samuel Sloan, President
Of the Delaware and Lackawana Railroad,
Moses TAYLOR and Richard Lathers, has been
formed for the purpose of taking control OF 81
the South Carolina Railroad and releasing II
from the litigation which now keeps 1t IN the
custody of the United States Court, with
view to making it, without delay, the termln'
al link in the chain of roads which shall CON
meet the great railroad systems of the west
with the Atlantic seaboard at Charleston.
If the plans of the syndicate are carried
out the road is to be managed with such en-
ergy as will speedily render Charleston the
leading shipping port south of New YORK.
Sixtv miles of road are to be built Immediate
ly, to connect the South Carolina Rallroad'
via Spartanburg, Henderson and Wolf Creek'
with The Cincinnati Southern Road. A Meet
of new and splendid steamers is to be placed
on the New York and Charleston line. lhese'
it is said, will eclipse those now plying on tne
Savannah line, and are intended, amongst
other things, to accommodate the floriaa
trade. am
The syndicate already owns about 40.000
shares of the stock of the South Carolina hall
road Company, one of its mem bers alone hold.
ing 10000 shares. They do not look to any
unfair combinations with other roads, but
expect to win success by dint of the compile
tion of the shortest and most direct route from
the Ohio River to the Atlantic seaboard.
They say that the March report will show the
South Carolina Railroad to be IN excellent
financial condition.
The Mexican War Pensions.
"A Washington letter says that Judge
Mackey is actively engaged in urging the
passage of bill to pension the veterans OF
the Mexican war. The bill had two readings
in the House, and, will come before the COM
mittee of the whole of the House on next
Monday, and will certainly pass the present
Congress. The bill restores to the pension
rolls, with all arrears of pay due, the pension
ers. of the. Mexican war who were stricken
from the rolls for alleged disloyalty, and pen
sions all survivors at the rate Of eight dollars
per month from the date of its passage.
1t appears from the argument framed by
Judge Mackey in support of the bill that
the Palmetto Regiment was mustered into
service on the 26th of December, 1876, with
1,O77 men, and was mustered out in June,
1s4S, with but 369 survivors, and there are
but "a officers and men Of that famous regl-
ment now living. 1t is also stated that there
are but 5000 survivors of the Mexican war
who are entitled to pensions under the bill,
out of an aggregate force Of 10000. The
official records from which Judge Mackey
cites at length, show that the army fought
ten general battles and SO engagements in
the course of two years, without the loss of
single stand of colors, and that they entered
the City of Mexico, the Palmetto Regiment
leading, with $500 men, and dictated peace
within walled city, the capital of foreign
nation, of 10000 inhabitants. The popula-
ton of Mexico at that time was 100000.
We acquired by our arms 100000 square
miles of territory, in which are now embraced
California, Nevada, Utah, Arizona, Colorado,
New Mexico, Wyoming, and parto the State
of Nebraska. The bureau Of statistics re-
ports that from the territory thus acquired
Sl,1OO,OOO,OOO in gold and silver have been
taken in the past thirty-two years. The
soldiers ask only eight dollars month. No
such results as they secured have ever been
achieved by so small an army for the country
that it served. They more than doubled the
territory of the United States.