The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1883-07-19
FOR THE HERALD.
Ho. for the Land Joint Stock COM


Bo !. for the Land Joint Stock COM
pany.
The gcnderS that have been accompnsners
by combination Of capital and eoneert o.
hunIan force. lead rs not 70 despair OF tnese
powers accomplishing any thing within ;lhe
SCOPE of human possibility. Iney nave
tnnpeied granite mountains and led shlps
t6-onoh tl5e land from sea to sea. They mare
rady,csd vast empires into submission ara
r,Ieeed the fiery patriot under tribute. Many
- tI,eir achievements have brought lDerfy
sn5 knopIedce TO man, not q few tended
n DEGRADE and tyrannize over him. IN our
avn eounty. corporations have accomplished
rn5ch TIE iron horse is sent on sw1: ana
sure errands every few hours through |ne
ceunty. carrying man and preo1ce;
spjendid opera house has been erec!ea %nose
sp;re looms up even from It's low slIe ..l1 la ~
Sse S;istance Combination. too, has erecteo
:, y,aT that is the pride and support Of many
~ orr citizens. These institutions are man
aoed on strictly business principles ana are
,,5,t s,,niect 10 many of the casualties thaf
a,Se esss common TO mankind. Their gains go on
,sisatI,ar II rains or doesn I rain. Ihey are,
not ssb;ect 10 drouth. Well may we oe
nrond of them! for while they nave Ihe
newer of a tyrant they do nor abuse II I us
boS 1nsn at the head of these iRstltntlons,
ord thew can raise or ruin those they iihe OF
dislike almost at viii. ~, n;ra,e
Sys win soon hear the hum Of the spinaie;
ano,fler evidence of what capital coinDinec
can do. Au these are marks OF enlerp,Is9, ,ls.,
aud progress. If q NeHberrlan Wefs asheu .el
for evidence OF our enterprise ne Woala poins pl55
10 them with pride. Barring these, ne "ogie .siO
sbave Iittie else to exhibit unless IL De teie-
phones and fires. He wonla not p9an. 80. -
weii-in,proYed and highly cultivated eoRntry;
on the other hand he would have 70 eSaa2lt
!, rsyoe nart in rims Of what was once me
country. Vast forests Of magnificent ireeS
emf tioyn and hurned-the soil rapidly worn
eyt and washed off-not so much 10 ootaiu
sbe necessaries and luxurieS Of life as 10 pe
rich aooye ones fellows. In our mlGe eye
we see one place among many others, WHERE
t5o,sa.,sIs Of acres of fine land have been rulu-
81, Issst reclaimiug, and about all the adfani-
oS,fs m he shown for Il was some score OF
less Shares of bank stock sold under inc
Sheriff's hammer just 8 little Weiie OacA.
This kind of wholesale spohauon ougut
never TO have been permitted. Aseueies
ought 10 be set on foot TO counleraSt ING
banefnl effects of this retniess Iiutiis'iou'
aud TO Try to prevent it IN future. ;,
Now the eompanyw we wls9 70 ges up Mn
felQ 10 accomplish lHSoS SH>@s. -
ION. there viii be money for capltaHsls,
homes for the homeless, and true and lasting
nresnerity and improvement for the country.
In tbis article we viii not so into detali, put
man ort in general way what tae company
shall be, and what it shall de-. AtterWar!S
we win 90 more into detail and try 10 get up
petition for q charter. ,-nooo :.
The capital should be from S250, ,000 10
one. half million. The officers should be
nrasi5ent and directors with usual sub-oticers,
Their operations are TO be entirely IN iand,-
b1viuc up large areas and selling taem IN
small farms of from twenty-five to Sky
acres to those who have no land. nose Wno
buy from the company are TO pay the lnler-
est on their purchase for each year IN advance,
and one twentieth of the principal, or more
they desire. An Individual who ouys lofty
acres from the company at, say, three nun
elred and sixty dollars, shall pay thirty-slx
dollars on his entrance, and the Interest with
one twentieth of the principal each succeed
ing year, il advance.
10 holder 10 be elected, while he pays the
interest, under twenty years, and yearly I'M
proves The properly.
The company should get the Legislature to
exempt the land, or tie mortgage one, from
fsxation. Then the tax would be about one
per cent, and one and one half per cent. TO
nav the oficerS-makiDg two and one na1
per cent. from ten, leaving seven and halt
Der cent. gain, at compound interest. II
Greater gains are desired those VINO want
homes win pay the whole l24 per cent, ana
do Is easier than they have paid thelc rents 4
for twenty years. A large number OF good,
industrious and patient citizens, white ada
black, have paid rents enough IN tne last Ien
years 10 have paid for sufficient home, u
rfY,ni
II SO. While the company viii be making
handsome gains, it viii also be doing an act
of beneyolence In twenty years it VIII en-
tfrely change the country over which u
operates fhe intrinsic value of the land VIII
have Increased FIVE hundred per cent. No
man can be so infatuated with our past as
not TO see that it is and win be ruinous both
TO the soil and to the liberties and happiness
of large msjority of mankind.
While man has perfect right to own
half. or all, the land in the county, and TO
SOW it IN salt or m alaria, that does not make
it to the interest of mankind, or posterity
that he should do so, asd they have an equal
right TO use all legal means to prevent II.
We believe that history will bear US ont IN
saving shat large landed estates have not
been most beneficial TO mankind, physically,
intellectually or morally, either in this eoun-
Try or the old world. RE 2ossessor may be
delighted With his imperia! luxury and spien-
dor, andthinkitis of all systems THE system,
forgetting the poverty and degradation on
which it is built If this then is not inagin-
ary, our corporation viii be both profitable
and benefcent
If the scheme meets your aPproba ton, 90
all you can for il and let us apply for
charter at the next session CT the Legislature.
JOSIAH CHILD.