The Abbeville messenger. (Abbeville, S.C.) 1884-1887, 1885-02-25
~AHBEVIIIIl;'S NEEDS.

s"'r "''s WV
this subject, that We feel our readers
must indeed bc weary of it, and are afraid
that the head Of this piece will deter
them from even CHANGING over it. "Nut
OF the fulncss Of the heart however,
the mouth speakc,h.'
There must, necessarily, he in the
heart of every true citizen of Ahbcvillc
County, some desire that the county
seat Of so glorious n county, should be
worthy Of, and reflect credit upon it.
Livery one feels that he would like to be
proud Of his county saat, and every one
should be willing to assist it in taking
its stand among !he foremost.
The need most patent to every one is
further railroad facilities, and the road
most needed is, without doubt, the Caro-
lima, Cumberland Gap ond Chicago Road.
With this road completed, we would
have all the advantages Of cheap frei.hts,
and thereby be enabled to pay better
prices for the produce Of farmers, who
necessarily come here for n market.
This project is upon a better footing now,
than it has been, and the citizens Of the
town arc willing and more than willing
to do all in their power to further its
speedy completion.
Another need. and one to which VIC
desire to call particular attention. is a
bank.
There can be no doubt about its being
n safe Investment FOR capital. We have
only to refer to the unlimited success Of
similar ventures in ncighborin5 towns,
TO be assured Ct this fact. Indeed, the
saying that no other stock is paying now,
il n patent one. rs it now is, ouv
merchants or farmers, who are DESTROYS
of borrowing money, have to go else
where to obtain it, and about the only
place where they can get it, is in Charles
ton, from those in the commission bust
ness. AS a general rule, they have to
pay not only the ten per cent. interest
allowed by law, but in addition to that
have to bind themselves to ship to their
obligors, so many bales Of cotton, for
each thousand dollars borrowed, or in
default thereof, to pay SO much per bale,
for all below the number they bound
themselves to ship. 1t is also a known
fact that nj merchants consider them
selves fortunate when they lose nothing
on their shipments, and as a general rule
they lose from one to three dollars per
BALE These two items virtually increase
the interest from ten per cent, what they
promised to pay, to fifteen or twenty
per cent, according to their losses. Now
our merchants realize this at the begin
ming OF the year; and, taking advantage
Of the first law of nature, protect them
selves by adding to the price Of their
goods, and the enormous profits 90 not
to the merchants Of this town, but to their
brokers. If then, VIC establish Il bank
here, does it not necessarily follow that
our merchants will be able to procure
their necesssry funds here, and at a
lower rate Of interest. whit not 49,
he to thei. ~ I, antdge ? and will it no
be to the. advantage Of all in til" county
The next question is, have we I'll,
ability here to manage an institution q
that kind? 1t will BE- the first time i
the history Of Abhcvillr that she la
ever proved, herself lackin= in Al,
emergency Of this kind, if it is conccde,
that We have not.
Have we the capital. then ? We brlirv.
that we have, and are assured that boti
the towns Of Greenwood and Ninety
six stand ready to help us as soon n,
the first step is made in that direction
We believe also that the other towns. i,
the country. and our farmers. who hay,
some surplus cash. will be willing to =,
into the enterprise, and ,has assure it
success.
1t would seem then that we hay,
everything nccdful, viz, the abso,ut,
necessity for, the ability to manage. All,
the capital to run, n tirst-cluss Nationa
Bank the only thing necessary being
move in that direction. and will not on
merchants and business men. Of thi
town take the forward step? lfnot the,
can DO assured that che county is no
going to be without n bank for very long
n will establish it ut Greenwood O
some other entcrprising town if we prov,
iaggards. This is the central place ant
would convenience more Of the count,
than any other place, and we hope 500,
10 sec the movement on foot.
JOE; RIfOIyN