The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-12-31
has poar ROY AL SOLD our
II It Has, the Centrars President Has
Not Heard of It Yet.


Not Heard of It Yet.
Gen. Alexander of the Central railr BAD
does not take much stock in the Augusta
and Beaufort. S. c., dispatches to the Ne"
York papers that ''Port Royal has been
sold to an Engllsh syndicate by the Apple
tous.n Gen. Alexander says it is the first
intimation be has had that anybody owns
Pc Royal He thinks It is the old story
of a year or two ago when a 81 800 option
was paid the Appletons thrd0g "a the georgia
railroad bank on some holdings of the
Appletons in Port Royal, but he does not
think anything ever came OF it.
Il was the alleged sale which attracted
Gen. Alexander's attention and aroused his
ire So much as the following extract from
the Beaufort dispatch to the New York Her
aid of Dec. 90:
The workshops of the Port Royal aud
Augusta railroad were at one time located
here, with several hundred men at work,
together wi a large cotton compress, and
a good business was done with foreign
steamers and sail vessels before the Central
of Georgia took possession and stopped IL
all.n
To this statement Gen. Alexander enters
a prompt denial. He says the Central
stopped nothing there, and he would do Just
as much to advance the interests OF the
w.
trak for the latter owns the greater part OK
the former.
There must be something more than deep
water to build uD a city, Gen. Alexander
says, and Mr.. Wilson, during his presi-
dency of the Port Royal and Au-
gusta, Gen. Alexander says, found
IL out 1t requires cotton factors
and bankers, and capitalists in other
lines of commerce to make city, and deep
for oIO will n than
has done at Port Royal, Portsmouth, aud
other pl ces that could be mentioned. He
SAYS that President Wilson dropped $4,000
i two months for the railroad company in
trying TO run a compress at Port Royal,
and the credit rs came down on the COM
press and it went under the hammer.
The grain elevator at Port r )yal, Gen.
Alexander says, is another evidence that
deep water alone don't make n city. He
says he doubts if its machinery has ever
been started, except to test it, and that the
large and expensive elevator never has had
grain enough in it for rats breakfast.
When Gen. Alexander was vics president
of the Louisville and Nashville system,
President Wilson informed nim that YES
sci was coming to Port Royal with load
of railroad iron, and Mr.. Wilson said he
grain if Gen. Alexander could give
him low rates to Port Royal
Gen. Alexander says that for the
purpose of opening a trade Of this
kind, and TO encourage future shipments he
informed Mr.. Wilson that he would dead
head the grain from st. Louis to Port
4 byal-in other words, the Louisville and
Nashville would not charge cent for ira 81
porting the first cargo to Port Royal. and,
notwithstanding that proposition, Mr.. Will
son failed 60 get the grain, the vessel waited
at Port Royal 4 week or two on demurrage,
and Then sailed without bushel of cargo.
GCGng backtto the first proposition, Gen
Alexander said that shipping would not go
where there are no banks nor merchants,
even if there is deep water, and if bans
would go there aud wait until business
comes, it would starve while waiting.