The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1889-02-01
Business w Q Town Hall.

BUSINESS W 2oWa nan sss------~' -
The Union correspondent Of the Nescs
and Courier tells u, that the Town Council
have gone so far towards building Town
Hall as 70 be negotiating for the brick, and
would also make rs believe that tho citizens
generally, endorse the project.
If that is 30, we have been carefully kept
in tie dark about it. The correspondent
says, in favoring the move:
"The council arc already negotiating for
brick with which to build it. This building
will not only fill tho wants Of the people but
will be an ornament to our town. To show
the need OF an opera house, the Granville
Warner Comedy Company, aher arriving
hero, found that they could not secure Mich
| o;son's Opera House, 80 they secured the
Court House.
Well, il tho pehple Of Union arc willing
10 saddle themselves with bonded debt Of
Sc, COO or SS, 900 for ornamenting the town,
the finances and business Of the town are
in much better condition than "tbe citizens
generally" believe. We, however, dare to
enter our protest against it, until we are
convinced that a Town Hall, Callaboose,
and other such ornaments and luxuriss will
contribute one dollar to the wealth, tho
/ business and general uels>rs OF the commu-
nifty, or improve the prsseut dsplorable
condition Of eur streets.
II the tswn has $4,000 or $4,000 to in
vest, would it not be more business-like to
! invest it in something that will be likely
III rl.k diyi-
I dends md bsnoft the town, in business
| population, and every other respect, than
l to spend it upon srnauents and for the
1 convenience Of five or six strolling theatri-
] cal companies that may wish to exhibit
I here every year, or 70 accommodate few
| tur bulent spirits that the Town Marshall
/ may be compelled to provide with nights
lodging occasionally!
W. mast not forget that we have S25s
l 600 Of railroad bonds, just in the Same con-
1 dition q. the $4,000 Town Hall bonds are.
/ ready to be delivered and boar interest.
| hen tho conditions upon which they were
| authorized are complied with, and the in
| terest will have 10 be provided for by taxa
T.
and We believe they will be, and the Town
Hall built, ani SO, 900 of bonds issued for
it, il will require an extra levy upon the
taxpayers Of the town Of So, 500 annually
We src all erumbling about high taxes now
and yet. even in the present depressed state
Of all businesses and all species Of proper
ties there are some who advocate an in
| crease oftaxation, not TO inorease the bust
mes. and population and enhance values of
| the properties ofthe town, but.to erect orns-
| be dispensed with at any rate until the
l present business outlook is brighter and
! there is ssme actual need for them, or We
can better Afford TO indulge in such luxu-
rie. (:)
If the town council can issue bonds for a
Town Hall, II can Issue bonds for cotton
Factory, and il that honorable body is anI
t:.-- - 4. .>->th;~s that will be lasting
blessing to the town, and place their nams,
foremost on the roll Of its!..benefactors, lei
th0m head tn c list with $4,000 subscrip.
,ion Of town bond: for o cotton Factory, and
Eea1ousy work for such an institution.
Tho stock Of the Clifton Factorie, is now
quoted at $40 a. $3.50. md is in demsnd
but cannot he bought, while the sleek Of al
I the other Factories in the State is held a
nearly the .amo price, and rs anxiously
sought for by capitalists. Why should it no
be so with Factory here?
As We have said before, n town tax on
| 500, 900 at per cent would be 81 ,40C
and in five years at most, the stock would
find ready purchasers at Say 81 25 per share
or $4,000, and the premium would thcr
almost build Town Hall and wipe out tn,
bonded debit or the dividends from tn
Fec.ory stock, above the interest on tn
bonds, would more than pay the interest oil
the amount necessary to build the Hall.
| And above all that, our town would b
estate be in demand and command its tru
value, aud business OF all kinds fouri.hing
i Give tho to-o E..tary frst A..