The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1886-03-31
Rich Zen OF New berry.
BRIEF SkETIlIf> OF TIE PRESIDENT rf
TI!ENA"IONAL G'>II Or Ni.WBEHEY,
AND OF TIE NEWi3i.iN COTTON

Il is sail that the worl,i knows i:o;l!-
ING Of its greatest mrN. The San" can
not said Of the worlds rich men. -AS
matter Of fact the rich mel! should be
CHASED with the great men OF the W"rld.
Tie successive steps by which men have
attained superiority over thcir fellow
mrn. will always furnish m rGiiy!"%
AMI profitable study. This is raFtcH-
iarlv true Of c!lr rich mcr. There are
those who seem disposed to regard the
wealthy. because OF their financial! Sic
cess. as a class Of thinkers.
Robert L. McCaughrin, President both
Of tic National Bank OF NrWberry and
the Cotton Mills. came 20 NcwGcrIE
early in lie. having been elected Cashier
OF the Bank Of Ncwbcrry. to succeed
Tho>. W. Holloway: B. d. Boyd WAS Il;
the time President.
Mr.. McCau9hrin has ever displayed
that determined pluck. which knows 40
failure. His pleasant manners integrity
and business tact gained him ;hc con-
tihcmcc OF every one. When ti!c dark
clouds Of war hovcrcd over the land. til
operations Of the NcwEcrry Bank. of
necessity ceased.
Mr.. McCaughrin then volunteered ahd
served in the army during the var. ="
returned home after the clG>c OF the
war, POOR bat his energy lad not io:-
saken him. lie at once embarked III the
mercantile business in partnership with
Mr. John B. Carwile. They opened 4
LARGE stock. and carried it on quite slc-
ccSsfully for Il number CT years, and
were very obliging to farmers. furnish
ing them supplies on most ia orable
terms. lie closed his mercantile busi-
ness and organized the National Bank
and was elected President, and his part
ncr Mr.. CarwiIc was chosen Cashier. 1t
was, perhaps. in 1870 the bank was or
saniZcd and Mr.. McCauglrin has been
at the head OF the institution ever since.
\ part Of this time he was President OF
Columbia and Grecnyille Railroad Com
pany. Mr.. Mclaughlin was the prime
mover in organizing the Newberry Cot
ton Mills Company in 1888, OF which
company he is President. Under his
management the mill has been erected
and is now in successful operation. His
services to this company have been given
without reward, having declined to
take Ills salary. Mr.. McCauShrin'S
record us banker j. unsurpassed. 1t Is
in this line that he has acquired his
great reputation. Hi opinions arc often
sought on FINANCIAL questions. His rc-
plies are always models OF pith and
brcvitv, owing to the happy faculty he
possesses OF saying much in Il few words.
His natural aptitude for dealing with
financial questions, developed so rapidly
that he has been called i bern iinancicr.
His strong points arc his superior
Judgment and Scif-rclancc, believing
that financial operations: like those OF
war. 10 b. successful must be subject to
the absolute will OF one man. Mr.. Nc
Caughrin is endowed with strong will
power. great lc'acity ni purpose, quick
III perception. active and energetic. lie
is we'll liked BY his bank officers anl the
operatives in the Cotton Mill. Under
his management everything in and about
the mill moves on like clock work. Mr..
McCau2hrin greatly favors the farmers
of the county, who Annually procure
from the bank between 100000 and
:400,0 900 to aid them in making their
crop. that is in supplying labor and sup
plies. And so well docs he arrange with
the farmer that it is very rare for any
one to fail to meet his obligations on
maturity. \ much better way than to
depend on the lien law. Mr.. McCaugh-
rim is yet in the prime OF life. lie is Il
wii0Wcr with family OF most interest," :
ing children. p.
(TO BE CONTINUED