The people's journal. (Pickens, S.C.) 1891-1903, 1895-08-29
could not afford to give their time aud
labor to this without reasonable com

could not afford to give their timo and
labor to this without reasonable com
pensatioD.
This association served, however, to
provoke thought that is about to crys-
taliAe into an organization based solely
| upon business principles, to be known
as the Southern Development Corpora
tion. Only Il limited number OF South
ern States have rs yet been given op-
portunity to como within the scope Of
this movement, one Of which is South
Carolina. This appointment in itself
demonstrates that South Carolina is
highly regarded as field for opera
lions such ae are contemplated, and IT
also means the prospect Of rare bone
tit to this State. In order to finally
secure the place thus offered her
among preferred States, it is necessary
thut she subscribe at lcust $l0, 900 in
preferred stock of the corporation.
Alabama, Georgia, Mississippi, Ten
Arkansas are promptly availins them
selves Of similpr opportunity and
South Cur0inn cannot remain in the
background.
In Il recent communication, Capt.
Hugh II. Garden OF Now York, says
"All unite in tho opinion that the
establishment OF u market in New
York and Chicago for Southern busi-
ness enterprises can only he done by
the combined effort Of the Southern
people Interested in the subject. New
York will respond when it is satisfied
by u substantial Southern combination
for that purpose, that tho South dc
sires such u market. 1t will take no
interest in the matter Othcrw iSc and
while individual effort accompliShcs
something here and there in tho South,
the wisest business and financial men
declare that IL VAST amount OF money
and energy is now being wasted in
that direction by individuals and firms
which, If combined to establish Il
market whore capital and settlers arc
to bc found, will bring great profit to
tho organizers and rapid development
of the South This is the opinion of
such men as William Butler Duncan,
Frederick l.. Olcott, Stuyvcsaut Fish,
William Clarke, Chnunccy f.. Black
aud Il host Of other Northern men of
equal prominence. One OF those
gentlemen said he would be ono Of
twenty-five to subscribe $1,000 to &l0,-
900 each to the capital Of IL company
organized upon Il proper basis to carry
out such a work and that undcr BROAD,
vigorous management it would sue
coed.
AL oU Ollo OOlUI w III cN-
pected to bring to the company the
most attractive business in his terri
tory an agent ut the North will be
expected to bring TO the company the
best people who ,rc looking for or can
be induced to make Investments in the
South Of any character or description
1.-THE Now York and Chicago oilico ,
will be places for ari uugement and
display, and for ailording accurate in
formation respecting the business
which is offered.
After various conferences with East
crn capitalists al Il Southern busin, ss
mon, and very careful consideration
OF the whole matter, we feel convinced
that the proposed corporation will ak
compliSh its purpose and that the III
telligcnt business men Of South Caro-
lima will appreciate the enterprise as
Il good investment, Independent OF the
great good to result To our State. We
therefore bog that you will bcstow
upon the enclosed prospectus careful
study and give us your corporation a.
well as subscription, which. yOu will
note, is conditional. Yours truly.
j. II. BARRON, Columbia, S. G.,
| y. &. FukMAN, Grccnviilc, >. g..
a. ~. RICHARDSON, Columbia, >. G