The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1883-06-28

Gen. Johnson Hagood, President of
the Carolina, Cumberland Gap aud
Chicago Railroad, arrived in our village
last Wednesday morning and remained
here, the guest Of Senator nu.lcr, until!
Thursday morning. The specinl object
OF Gen. Hagood's visit here was to make
arrangements with our towr CO. ell to
cancel the mortgage of $4,000, held BY
this town against the Railroad, and nc.
cordingly at special meeting of the
council on Wednesday Gen. Hagood
made formal proposition to deposit
$4,000 Of second mortgage bonds on the
entire line in lieu of tho first mortgage
of $4,000, and this proposition was &C.
cepted by the council, aud a resolution
passed cancelling the first mortgage so
far rs the council had power to cancel it.
Senator Butter and number OF other
prominent citizens were Mt the meeting,
and everybody wEc epoke advised the
council to cancel .h. mortgage. Gen.
Butler explained that j. was to the in.
terest of the railroad, to :he town and to
the bondholders to accept Gen. Hapood,s
proposition.
President Hsgood talked quite freely
and rarkly about the prospects of the
Railroad. He Is confident that the road
will be built Mt an early day, but the
snrest way, he said, to hasten its COM
pIetion, was for the people who live
along tho line to do everything possible
10 assist and encourage the enterprise.
He referred to the old story about Her.
cuies and the wagner, and said the
moral OF that fable was as true now as it
always was. Gen. Hagood spoke favor
ably OF the proposition to carry the line
oy Greenville, but said it was not the in
tention to abandon Pickens or Easley or
any other town on the road. He said he
had written note to the Pickens ISnti-
net in which he had assured the people
OF that section that there was no cause
for their present apprehensions, and that
the railroad would certainly 60 through
Pickens County whether it went BY
Greenville or not.-EHgefeld Chronicle.
President Hagood's Position IN Reference
to the "Fiank Movement"
General Hagood in recent private
letter to us, expresses regret at the un.
easiness excited at Easley and Pickens
by the announcement Of negotiations
with Greenville to carry the Carolina,
Cumberland Gap and Chicago Railway
by the latter place, aud desires US pub.
licly to correct the misapprehension
upon which he says it is founded. The
rs entertained to 20 by
Greenville, is simply to diverge to that
extent SO much Of the line as lies be-
tween Williamson and Easley. It will
not affect Easley, Pickens or any other
point named in the charter, as points
through which the road is to rua. In
discharge Of his duty as President, he
received and responded to overtures from
Greenville, to make that city point upon
the general line, and he is now engaged
IN getting these negotiations into shape
70 lay before the Directors of the Rail.
way, in whom after survey and estimates
BY the Chief Engineer lies the power of
making the necessary divergence. Gen.
aagood says he does not desire to fore.
tall the decision of the Directors, but |
he regards 1t of much con.
sequence to tho road to enlist in It's favor
he money and enterprise of Greenville |
provided It can be done consistently
With good faith to earlier promoters Of |
he scheme, and without violation of their |
rested righta. Tho Greenville commit
ee at Aiken were carefully made to un.
lerstand the limited power Of the Presi.
lent and his sense Of controlling exist
ng obligations, while they were assured
Il his earnest personal wish to admit |
hem to the benefit Of this great enter
rise upon as favorable terms an practi. !
able under all the circumstances.-
tickens Sentinel