Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1880-01-22

weds tho sword Of vengeance, but holds over
all tho shield of protection, until person
has been proved gailty Of violating her laws.
TEaEi COE.UNs HsEA CANAL,
The Register, after copying und commenting
! fay0rab!y on our editorial of last week, adds
other sound reasons for the passage Of tho
Act and gives many valuable statistics as to
! the development Of the manufacturing inter
| ests Of the North. Among other things it says
truly the success of this great enterprise and
tho introduction and Investment of capital
likely to follow it, will contribute moro than
any other ono thing to the completion of the
Blue Ridge Road and other Western conncc-
tons. We give below the article from the
Register:
Ecsidcs what has been so rcrtincntly said
by our contemporary we would .nrly add
that tho rebate allowed to this grc It manu-
featuring enterprise is not new legislation,
1t was, rs cur contemporary has so prcciscl, !,
shown, simply applying to this enterprise
that which already stood on tho statute book
and was either constitutional aud lawful or
it was not. Ii not us to this enterprise, it
was not as to any. And the only reason VIC
can sec Of incorporating it in this charter or
grant was to have it within handy reach of
capitalists by its positive assertion in the
very charter i'll tho benefits cf which they
were invited to participate. But, still
further, is it remembered how many millions
o dollars the State has bestowed by way of
actual subscriptions and guarantees to the
different railroads Of the State? Now for
what pnrposo and upon what authority?
| Vas 1t not Tor the material welfare Of The
citizens of the State? And upon whn, au-
| lhorty but precisely that by which the State
conducts Improvements Of any sort within
its limits. cpcne, constructs, grants or keeps
! IN repair roads, bridges ard ferries, makes
appropriations for schools aud charitable
instiiu.ions and does other ae's and things
which appGrtuin and belong pro nc nutU 10 Il
free and civilized State? Itwns in no narrow
and LEGAL or nliSidual interest that the
State was called upon to give, grant OF remit
ono cent to this enterprise. Now let us see
what the State can possibly lose by lhc rights
and privileges Conferred. If the scheme
comes to ntught there is not single right,
pr!vile,;c q pr franchise conferred which is no,
forfeited BY the graotcos and the State stands
whcro il stord before il nothing is done.
! But if there is partial performance there is
that mach positive raln. Bat if this great
scheme reaches success, here is Is 900 water
rowor oeScloped, which, with low rcn,a! o!
ten dollars per horse power, makes n rental
| OF SlaO ,OOO per nMnum, requiring q capital
vi 81. 3.OUOUOc Il. five per cert. to yield so
much. So ,.o State receives 1900 horse
| power, which, NJ tho same rate, amounts to
/ $4,000 per uununi, which corresponds to an
Investment Of $i30OOO0 ut per cent Bu,
| with success achieved tho properly will be
worth twice this in rents, and tho State wll
therefore have power worth $40 per nnnun,,
or $50. 600 water rents, equal to an invest oi
| $4,000 at per cent. So the whole rents
will amount to $500 Goo per amman, cores
| poldinE 10 an Investment Of So U)0, 900.
Eut not only 10 this the case, the rights
| ana privileges granted on the Lexington
shore and elsewhere involve not less than
5000 water power, whic! adds another
! SG.COO,O 600 of cnptal. TO apprchcnd the
capacities Tor development involved in these
| idle waters which have been rushing to waste
| for hundred years. let US look at the facts
as presented by Lowell. Tho Mcrrimack
River Company leases 10000 horse power.
The Wamscit Power Company controls and
| leases 500 horse power on tho Concord River
Tho capital invested in manufacturing is
$4,000, 600. Now, then, what capital does
$4,000 horse power call lnr on permit, but
half rs much again or &24,0OO,000? Or
taking tho whole 30 600 horse power does it
not call Tor and permit some llrcc fold capital
Invested, or $ $4,000. 900?
SO. too, wc lind the 10000 water power at
Lowell employs rs follows:
Hands, females $1,000, males C,0OO, 10000
! Number of looms, $3.50
Number of spindles, G78,52l
Yards Of cotton goods made per
! week, 2CCO, 600
Yards Of wcolen goods made per
week, G0,O0O
Yards Of carpcting mado per week, 37,5o0
| Shaws, $500
| Dozens Of hosiery, IL, 800
Bales Of cotton 400 pounds) used
pcr week, 1856
| Pounds Of wool used per week, 15250C
Now carry this to 5000 horse power de-
vcloped and put to use, and of course, Other
things being equal, wc add SO per cent. tc
| these figures and have;
Hands employed, 2lO0C
| Number Of looms, PISA
Number o! spindcs, 1,0l7,7Sl
Yards of cotton goods per week, 100000
! Yards Of woolen goods per week 10000
Yards of carpeting per week JG25C
] Shawls per week, i25C
Dozens Of hosiery per week. $4,000
Bales of cotton (lO0 pounds) per
week, 1926
Pounds Of wool per week, 22S, 700
And carried upon 10000 horse power, wo
have:
Hands employed, $4,000
Number OF looms, i5 ,5G7
Nnmbcr of spindlos, 2,035, ,5G3
Yards Of cotton goods made per