The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1896-02-26
THE COTTON MILL.
The Outlook is CheerfuI-and the
Prospect of Raising Walls is In
tho nIsfanca

Contractors are looking after our factory.
BIDS are to be opened on March l7th-after
which the bids will be submitted to the ar.
chitects, Messrs. Lockwood & Greene, for IN
expression Of their opinion, as to whether to
accept or reject. The directors are building
a SSO,OOO mill-l2,OOO spindles and the re-
Quisite number Of looms.
Whatever difficulties are in store for them
the directors are going TO build just aS If they
had half million dollars in bank TO their
credit. They have implicit laith in the ulti-
mate success OF the Institution, and are max
ing their plans accordingly.
The house and other buildings for the mill
will take up quite or nearly all the present
subscribed stock, but they know nothing OF
any house that was ever built that was not
filled with machinery.
A large number OF the stock holders will
double their subscriptions when machinery
is to be bought, and other men who have
stood aloof will take stock when they see
that we are in earnest and mean to make the
mill glorious success.
Every cotton mill that is built and operated
has to be closely allied with some banking in
Stitution. In this matter the cotton mill has
not yet made satisfactory arrangements, but
it is morally certain that such arrangements
will be made with one OF the existing Banks,
or if not with one Of them, then with new
one which will be organized. Banking 1aclll-
ties are necessity for cotton mill, and the
bank that has cotton mill for it's ally and
friend has safe and sure foundation.
\ cotton mill and bank form a strong
be willing TO cooperate with the factory will
not much longer stand back. Such an alli-
ance assures the success OF both institutions.
Some ten or twelve years ago, the PROPOSE
ton TO organize the National Bank was made
a success largely by the personal effort OF
Cashier Barnwell. But the capital of $50 900
was subscribed. Later on it was increased TO
$4,000
About five years ago the Farmers Bank, to
answer the increasing demand was organiZ-
ed by the Hon. w. H. Parker, who has brought
good success to the institution, and increased
its capital TO $4,000.
Now. there is a decided demand for still
greater banking facilities. and that demand
will not go unanswered. With the factory as
a chief customer, and with additional public
or the enlargement of the old banks is as GER
tain as any ordinary human probability. The
factory will have the banking facilities. 1t
must have them.
Abbeville is now entering upon an era OF
prosperity to which she has heretofore been
stranger. With the infusion OF new blood,
new lines of trade will spring into existence,
and with the invigorating influence of man.
ufactures aud increased banking facilities af-
| fectipg all the arteries OF commerce we may
expect to see new life and renewed energy In
the old town that has stood still for three
quarters OF a century.
With the building of the factory will come
increased trade at our stores electric lights
will illuminate our town water works will
run through our streets and furnish our
houses with long felt want; good express
accommodations will be had, and prosperity
will reward the diligent.
Electric cars will ply between the mill and
Due West; the hum of thousand Industrial
doubled, and the sleepy old town will arise
from her Rip Van Wrinkle sleep to take her
place in the fore front of the procession oi
live and wide-awake towns.