Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1881-07-28

has charge of building the new lines. Their
is probably no man in the company who's
opinion is worth more than his, in weight o.
accuracy. He will be remembered as per
haps the youngest general in the Confederate
army-certainly one of the youngest. He il
South Carolinian by birth, a man of small
stature, but is built entirely of nerves, mus
cles, and run by electricity. These, then, ART
the men who make up the controlling junts
of the Clyde syndicate-W.P. Clyde the three
Perknses, the two Stewarts and T. NJ. Lo
gan. Of course there are trusted officials
who own part Of the stock, and who have
executive charge of the roads in the system
but these are the men who control. And
now, what is it they control?
The affairs of this Syndicate, vast and
outstretcbing as they are, are controlled by 9
very small bulk of stock. The Richmond
and Danville corporation is the key to the
situation. 1t is the organization through
which all the work is done and responsibilities
assumed. Owing to certain legal difficulties
in the way of the railroad company making
leases and purchases, various subsidiary Or
CARNATIONS have been made, but they are
always controlled by the same men who con-
troll the Richmond ada sDanville. For the
purpose of building new roads, "construction"
com pauies are formed, but these are always
oficered and controlled by men of the Syn
dicate. The corporation is sometimes changed
bit, and often made closer, but the essen.
tial elements of organization are always the
same. In one way or another these gentle
men control now over 1900 miles of railroads
that are laid like webs over the Carolinas and
Virginia and command the northeastern sec.
tion of Georgia. Besides this they now have
projects that are well defined that involve the
building of about 700 miles more. Indeed,
the future of this company is hard to limit.
Its alliance with Gen. Gordon and his asso-
ciates opens the way into the Southwest where
Jay Gould says "the empire of the future is
enthroned." Already assured of route to
the Mississippi River, and of at least four
feeding lines in Alabama and Mississippi,
throug h the Gordon Syndicate, the Clyde
people may very we'll lift their eyes to Mexico
and the Pacific. This close alliance with the
Pennsylvania Railroad people gives them the
very best of eastern connections and good
base from which to push out.
The progress of the syndicate has been
partly the result of accident but almost en-
tirely the result of the development Of the
South as field for investment and the sa'
gacity of few men in discovering this
The Richmond and Danville was broken
down, of course during the war. After the
war the Pennsylvania Road through one of
its auxiliary companies, advanced it consider
able sums of money. In short time few
gentlemen, seeing that it could be bought
cheap, organized the Clyde Syndicate and
purchased it, The first intention was simply
to patch it up and when it appreciated in
value, to sell it. The men in charge of it
seeing that there was great opportunity
ahead for the men who were shrewd enough
to fuse into one system the disjointed roads Of
the Atlantic coast, made the Richmond and
Danville the basis from which they organ
lied their present schemes. The total stock
of this road is only s4000,000 or 10000
shares. Of this stock the Clyde Syndicate
holds $4,000 shares that is a permanent in.
vestment and put away for the purpose of
holding the control of the road against all
corners. OF the remaining 10000 shares
about 5000 are held by the members of the
syndicate individually or by their friends.
There is consequently very little on the mar
ket, and by brisk buying movement inaugu-
rated a short time since by MIR. John James
and Mr.. Hugh Carlisle, the price was put up
enormously before they could secure three
thousand shares. 1t is doubtful if there is
a case on record where 80 small block of
stock as the Clyde people now hold in the
Richmond and Danville, less than $3,OOO,OOO
at par value, and which cost them less than
s2OO0,0O0, gave and maintained absolute
control of such an enormous system Of COM
pleted and projected roads.
The PIEDMONT AIR L1NE.-Speaking Of
the recent lease Of the York River Line, by
the Piedmont Airline, the Baltimore Sun
says:
The lease of the York River Line by the
Piedmont Airline will have the effect of
transferring the Northern terminus of the
Piedmont Airline from Richmond to this
city. The Piedmont Airline has always
been working with the York River Line, but
the former wished to secure its own line from
Baltimore South, which it has. The line now
is Baltimore to West Point, Va, 100 miles, by
the York River Line of steamers; West
Point to Richmond by the Richmond and
York River Road, 80 miles The Richmond
and Danville Road from Richmond to Char.
lotte, 282 miles; Western North Carolina
Road, 14O miles; North Carolina Road,
13O miles; Charlotte, Columbia and Au.
gusta Road, 191 miles; Charlotte and At.
lanta Division, 269 miles; Columbia and
Greenville Road, 143 miles; Elberton Air.
Line, Hartwell Road and North Eastern
Road, all controlled by the Piedmont Air Line
or Richmond and Danville system besides
many connections. The managers of the line
now claim that the system is more of Balti-
more institution, and are thinking Of putting
on regular daily steamers from Baltimore to
West Point, and are also considering a reduc'
ton of rates on freight Besides the other i'm.
provements to the property at West Point, a
wharf 80 by 800 feet is being built for the
landing of fertilizers alone. 1t will have a
capacity of 10000 tons, and fertilizers will be
sent from this point to the interior, warehouses
for the same purpose being now in course OF
construction at Charlotte, N. G., Chester,
Greenvlle, Columbia, Spartanburg and Sen
eca City, S. c., and Augusta and Atlanta, Ga.
This is done for the purpose Of fostering the
fertilizer trade, as it said that last year there
were orders in Baltimore for 10000 more tons
than could be handled.
HOW LONG MAN MAY LIVE.
1t was Prof Bufeland's opinion that the
limit of possible human life might be set at 200
years. This on the general principle that
the life of creature is eight times the years
of its period of growth. That which is