The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1891-04-24
Zoe Invsssmsnt Company erase.


THIS community Is running wild on "In.
vestment Companies" snd we are informed
by Iers,ns who are "behind the scenes"
and know what is going on, that at least
5000 are sent from this town, Of 1900 in
hsbitants, eveyy month. Tn 49, .--.-m
menrs In enterprises or companies or
ganiIed to establish and build up towns aud
TO establish and foster iudustrie,
hundreds Of miles from hors. The excuse
for this is, "thers are no enterprises n
Union In which TO invest the capital erssksdl
In Union, from the business Of Union, there
fore We have to send what surplus money
we have out Of Union for profitable invest.
ment or speculation"
Just imagine, people living in dying
town complaining that they are too poor to
contribute anything towards restoring her
to life and strength, sending $4,000 an
nusiiy to other towns, to give them and their
enterprises life and healthy progress
Wonderful consistency. How long will
this town stand such drain upon the vitals
Of her business system?
The last enterprise in which Union men
aud money play tho mos. prominent parts
is "Thc Carolina Investment Co., Of Bristol,
Tenn" This company has been organized
in Union with tho following board Of
officers, all Of them being citizens Of this
town:
y. NJ. Cohen. President nui Tre.ra,e-.
". ID. Bcwlcy, Secretary.
Directors. William Munro, J. G.. Hunter.
=. M. Cohen, c. c. Culp, W. +. Thomson
and John A. FAINT.
This is strong head, financially and in
tel ectunlly, TO any enterprise, and iusures
ability and fair dealing in conducting the
affairs Of tho company it represents.
But don't let us forget that iu two years
Union, with the present draiu upon
her resources, will have invested $50.
,OOO-thc amount Gmptraticcly demanded
a fow years ago to establish . Cot
ton Factory hereto boom UP and build
towns, factories and other enterprises, in
towns, many miles away and in other States.
And further, don't forget that willis this
great drain is going on property of all kinds
in Union is rapidly dcprociatirg in value,
good citizens arc arranging 10 leave for the
new Investment localities" aud a general
poverty pcrvndes all classes.
We can find $4,000 a year to build up
and make prosperous other places, but can't
find dollar to invest in any enterprise to
build up our own lovely town and make it
prosperous And why: Simply because
there is no unity o. feeling and action
among our citizens upon any matter for tho
public welfare. We are "a house divided
against itself" and must, inevitably, fall
Scarcely day passes that nn Agent OF
some Western or Southern Investment Com.
p"ny - not among us "talking up" the
great prospects, sure, quick and magnificent
profits to he realized from investments mado
IN the enterprise he represents, and cvcry
citizen that has dollar, or can borrow one,
swallows tho bait and. goes into the specula-
ton to the very last dollar he can raise
Some arc going to make pile, and s,me are
going to "bust.' That's our foe! opinion.
at GRAHAM s. SPARKS. Cali ana get .
Fashion sheet.
DR.. Munro is a Democrat.
In our last weeks issue We quite uninten-
tionaily. place our friend, DR.. T. Munro,
among some strange political bed-fel!ows
but we were misled by the report of the
proceedings Of the meeting Of tho White
Republican League, as published in the
Columbia daily papers, and it give, us
the greatest pleasure to publish the follow
ing refutations Of the report, which is all
that is necessary to place him right before
his fellow democrats
ONLY ASrHCrAToR.-Union,S S. c., April l8.
! lS9l .-Editor The State In the report Of tho
of Il convention of Republicans,
published in The State Of the 10th inst, nv
namo is mentioned as a delegate from Union.
This is mistake. | happened to be in
Columbia at the time md was present in the
convention as n spectator only. l have been
Democrat from my youth up.
L. MUNRO.
"Nor IN Ir.'-Columbia, s. c., April Is.
The State {: The newspaper accounts
Of the Republican League meeting of the 10Th
inst. erroneouSly stated that DR.. Munro, of
Union, was present rs a delegate. He mere.
ly accompanied n friend as spectator, and
Is in no way r"nonsihl" fc- :."y action OF SAID
meeting Respectfully,
V. l.. CLAYTON,
Secretary Rep. League S. C.
A job Lot Of Shoes aud hats will be offer.
cd Tor sale very cheap for tho next week at
A. A u