Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1883-01-18


umbia correspondent of the Neus and Courier
writes as follows, regarding the above institu-
tion incorporated at the last session of the
Legislature :
Col. John r. Abney is still in daily receipt
of numerous letters making inquiries as to
the Southern Land Association, and has re-
ceived number of personal applications for
the loan of money. l asked him to-day when
the Association would 60 into operation. He
replied that he could not tell yet whether it
would 60 into operation at all, the Legislature
allowing 10 per cent, interest to be charged
by the association in it's charter, but refusing
to give the company authority to charge inter-
the contrary,n said COL Abney, "the Legisla-
ture put warning in the charter that such
rate of interest should be charged only so long
as the general law upon usury permitted that
rate. Capital is very timid, as you know, and
the corporators of the Southern Land Loan
Association did not like that provision in the
charter. Notwithstanding this, however, Col.
Palmer has gone to London to attempt to Or
ganize the company. 1t will take good deal
of money to start the business, and it would
not pay the Association to 60 to the expense
for only year or two. Col. Palmer's difficult
ty. therefore, will be to convince the capital
lists that the Legislature is not likely to reduce
the rate of interest as soon as the money is
brought here. A telegram has been sent by
him announcing his safe arrival in England,
but 1 have had no letter from him yet. 1t
may be, however, that Col. Rion, of Winns-
boro', who will be the leading attorney for the
Association, has heard from him. If COL
Palmer succeeds in his undertaking, as he
hoped to do when he left Columbia, he will be
able to return by March, and the company
will be organized and ready for business about
the 1st of April" Of course the prospectus
of the company will be given to the public in
due time and what the Association does will
not be done in the dark. The indications are
that all the money the Association wants to
risk in this State will ind ready takers.
DEATH OF CLARK MILLs.-Clark Mills, the
SCULPTOR, died in Washington City last Fri
day. MIR. Mills was born in Onondaga county,
New York, December, l, 1916. He lost his
parents in childhood and learned the trade of
plasterer, which he carried on for nine years
in Charleston. He early displayed talent as a
sculptor. In 1916 he made marble bust Of
Calhoun, which was bought by the City Coun-
Gil. and which still stands in the Council
Chamber. In 1S4S he began his famous eques-
trian statue of Jackson, which is so balanced
that it stands on the hind feet of the horse
without other support. He was two years in
completing the task, and then he had to learn
the practical business of casting there being
no establishment in this country large enough
and no one competent for the task. In Octo-
Der, 1852, he succeeded in producing perfect
cast, and the statue was set up in Washing
ton on January s, 1853, the 3Sth anniversary
of the battle of New Orleans. 1t was finished
,+ q 1ooc to Mile of 81 ono hut CtonprpsS rp-
warded him by an appropriation of 900.
lie also made the colossal equestrian statue
of Washington for which he received $780, 900,
and in 1868 he finished the colossal statue
of Liberty which crowns the dome of the Cap
itol at Washington.
TIE OLDEST RAILRoAD.-Captain A. P.
Brown, of the State department of agricul-
ture, showed me, this morning, an old scrap
book, in which he wrote more than thirty-fiye
years ago, the following conclusions, which
were reached after a long discussion, rs to the
oldest railroad in the world:
81. That the South Carolina Railroad from
Charleston to Hamburg, was the first road
that was commenced in this country, with
view of using steam instead of animal power.
80. That the first locomotive engine ever
built in this country, was built for and used
on this road.
ss3. That it was the first road that carried
the United States mail.
ss4. That when completed and ready for use,
which was on tine I'd of October, 1888, it was
the longest road in the world We travelled
upon this road IN 1880, five miles, in a car
rugged with sails and propelled by wind at the
rate of five or six miles per hour. ."--NerS n1ld
Gourir.