The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1889-03-27

Dawson to his success have the ability to StllI
carry on the work.
What We Need IL Stock in Factory
that wtl Pay Return for the
Money Investcti.-AIl Factory SfGck
Yields u Return.
In response to the call for meeting of INC
citizens OF Abbeville Court House reccnilE
f,r the purpose of raising money 10 onlld II
cotton factory "A large number OF citizens met
there on last Monday 1T five O'Clock p. IN.
Mr. w. H. Parker called the meetlhs 10 oioci
and stated It's object.
ConTressman James S. Cotrran was chosen
chairman and Mr.. Il. f. Hill, secretary.
Judge y. MCGOWAN was the first one 10 eN
press his views In regard TO the maller. ne
said: That no one felt more interest man ht
did in the iown and county Ehcrc nc I',''
spent his manhood, and where he expected !"
welfare and prosperity OF the place. IT was !.
luxury for him TO see his town ana neistbors
prosperous He did not like TO see any wahl
still. He did not believe in too much DioW,
and he liked TO see quiet meeting llke ll,IS
where business was meant. lie hau thonsn'
q good deal about the matter, ana ne was Sor-
nv 10 say that there had been heretoiorea
want of zeal and action. and the question was
now how to prevent that. Among other
things we must have better railroad facilities:
without them We could not attain prosperity
He thnuqht That we could easily build a rail
road to Edgefield. He would like for this as
semoly to appoint eommittee I" 1heriani lm1MsrGi M,
Gap and Chicago road in order TO ma ou'
really how 1t stands. He liked enterprise
any thing that would bring capital among US
In building factory and would do all that he
could. He was Of the opinion, too. that we
should not 60 on too large scale, but adap'
our undertakings to our means. None OF u
oh1 fn hpjl6 n fOrtprN n Ill must nel)
Proper men must be put at the heau ol tn"
undertaking, If we wish to be successful. ne
concluded by saying that something must Dc
done. We need little new blood OF sonic
kind. q.
the need Of factory md we must now look
TO the matter of raising the capital, ana In or
der to facilitate matters he would move thai
the paper which has been read be adopted as
the basis Of the form Of the subscription list.
The following is the paper referred 10:
TERMS OF SUBSCRIPTION TO THE COTTON
FACTORY AT ABBEvlLLE, s. c.
We, the undersigned, agree to subscribe and
pay the esums opposite our names, for the cree,
tion OF cotton factory In or near the town OF
Abbeville, upon the following terms:
Said factory shall be built on the co.oper;t;
tive plan, capital stock not less than hundred
thousand dollars. In shares OF one hundred
dollars each. to be paid one-fourth OF the
amount subscribed on or before the mrs; day
OF December next, the remainaer ,n im snnrt. sI'
until the whole shall be paid. March y, lSH?,
This was adopted.
Mr. White also moved that committee u"
consist Of nine mem berS be appointed TO So
licit subscriptions. Adopted.
The chair appointed us such committee:
Messrs. Augustus W: smith, w. {; McGowail'
Jones F. Miller. r. w. Cannon, = Z. CaSon. ~.
p. McIlwaine, +. b. Speed. a. W. Jones ana l.
{. Seal.
Mr. James S. Cothran expressed his views in
regard to the matter, and like Judge McGow-
an had u good deal to say in regard TO me M
portance Of increasing our railr al Facilities
and from what he could learn he thought the
prospect for the completion of the Carolina,
Cumberland and Chicago Road in the near
future, was very good. He was OF the op''''
Ion that no town in the world had SO poor II
railroad rs We had. He is willing TO SrIEd cH-
cry cent he can TO aid in building Il factory:
The town is not on a boom. There Is not that
life and activity that there WAS ten years ago.
attend our efforts. We were not rril and We
needed capital. Gentlemen in New York ask
oil about the situation here in Abbevilc and
they know q great deal about it. too. They
desire 10 know what chances there arc or put
ting up factory here, and II we show energy
and build railroads we can get their capital.
Mr.. j. Allen Smith was of the opinion tnat
this meeting had been called for the purpose
OF devIsing means to build cotton factory
and not railroads. 1t was an evidence of our
weakness that we cannot handle one thing at
q time. Let railroads alone for the present
We must either build II factory or let it alone.
aIr. r. +. Hill would ask Mr.. Smith ii he
thought II q wise plan 10 invest one hundred
thousand dollars In cotton factory, with our
present railroad facilities. Lei Us look after
our railroads first and the factories after
wards. He doubted the practicauiliy Of II
factory with oar present railroad iaciIiiies
Judge McGOwan-It may he his fault about
this railroad discussion. aS lie introduced IT..
He simply thought it might be well to look az
ter both. He wanted Il committee TO make
enquiries about railroads, but he wished II
understood that il was not with Il view 0l
breaking down the factory move.
Nr. q. 4. NisanSka said that he could not
make a speech. He wished that he roud.
We want II factory and the money I" buid il
with. The people want it. 1t is time 10 stop
talking. Let us now act, and propose HAT
all those who desire 20 subscribe Cola" for
ward and do So. That is business.
Dir. Hugh Wilson Thought that Il little mare
talk would not hurt. lie wanted to know
what 1t wns proposed TO do with the hundred
thousand dollars. Were we TO go ahead with.
out knowing whether we could complete the
factory or not with ii. He was decidedly ut
the opinion that this was o. factory and net u
railroad meeting. He saw no necessity for
bringing In railroad matters and opening old
sores. Other factories do well and have d"u-
bled their stock and he does not see why such
should not he the case here. The plan * well
enough SO far as II goes, but it does not 90 tar
enough. He would give all he could 10 the
factory, and he thought there would he no
trouble In getting good men TO handle the
sir. Il. w. Cannon stated that there was no
denying the fact that we needed Il cotton fac
tory, and it would add more to the prosperity
or the town than anything else.
Mr.. w. C. McGowHn said that in reply 10
Mr. X. +. Hill'S statement he would tell hin!
that the best way never To get Il railroad
would be to set still and never do any thing.
II we get factory 1t will cause railroads To
be built. We must do something or we will
rodown hill. We need some enterprise-ncv-
CIR mind what II Is. We can raise one hum
dred thousand ut home and get Il like sum
outside.
Mr.. r. E. Hill thought that he was miSun-
derstood. He Is not opposed to Il factory. He
would do all he could TO aid in building the
factory, but at the same tire he thought II
Just as we'll to consider our railroad facilities.
At the close Of Mr.. Hills remarks Mr.. Vi
Tanska said that he would be one OF ten on
hehalf Of p. Rosenberg 4 Co. TO give five thou
sand dollars each. TO this Judge McGowan
replied that he would he the second, and
Congressman Cothran came in for the third
man. No one else responding the subscrip-
= tiou list was regularly opened. {.
CLOTHING TO ORDER-We have received