The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1900-07-11
Manning on q Move.

1t Is gratifying to note the disposition
now being manifested by those of our
citizens who have money. There is a
spirit Of pull together" such as has
not been here in the past. This is a
healthy sign: it shows that our people
are convinced that selishness will not
bring about progress and wealth, and
that Manning can accomplish what
other towns have accomplished, If all
hands put their shoulders to the wheel
and help push.
In the starting of new enterprises
obstacles can be overcome by putting
men to the front in whom the people
have confidence: when this is done aid
comes almost unsolicited. but where
men in whom the people have no conf
dence are put in controlling positions
the people are afraid to invest. fearing
that after the project has been started,
schemes will be inaugurated to force
the small investors to discount their
stock. 1t often happens that stock
in corporations becomes non-paying
through no fault of the management,
but to convince people who have lost
their money that the management is
not TO blame is 4 task we would not like
to undertake.
The Bank of Manning has been man
aged Sc that its stock is sought after by
investors, and those who are so fort,,-
nate as to hold it will not sell. Why?
Because it has and it is still making
money.
Tobacco warehouse stock was loss
to many of the investors, but there has
never been anything started in this
town which has been of greater benefit
to our merchants. The merchants could
have lost every cent of their warehouse
stock and then be away ahead of the
game. The tobacco warehouses brought
trade to this town which would not
have come here otherwise, and caused
piles of cash money to be spent.
Now we have new enterprise, the
ground for which was broken last Mon
day-the oil MILL an institution to be
managed by a man who is q natural
mechanic and an all-round business
man. He will devote his time and en-
eryy to the work and if an oil mill has
money in it he will pump it out for the
investors. The fact that Hon. Joseph
F. Rhame has been selected president
of the oil mill company inspires conf
dence, and with Mr.. Frank Erwin as
manager the investors feel sure that
their interests are in safe hands.
The Loan and Exchange Bank, now
in course of organization. has nearly
one-half OF its capital stock subscribed
and good part of the stock is being
taken by farmers in various parts OF the
county The shares are small, so that
a man with small means can take some
stock without hampering him and at
the same time, should he have need to
borrow money to carry on his business,
he can use the bank stock as collateral
the finest kind of security. When
bank stock is used as a collateral it has
the effect of reducing the cost of money
borrowed, for, while the borrower pays
interest for that which he has bor-
rowed. his bank stock is at the same
time making money for him. If this
bank is organized it will be officered by
men who have the esteem and conf
dence Of the entire community, and its
purpose will be to bring more money
here and thereby make it easier for our
our farmers to buy their supplies and
fertilizers for cash.
This spirit of pull together" has
put our people to thinking about the
building of a cotton factory, and II
there is any indication to be had by
what people say, and how they act, we
believe by the next twelve months Man
ming will afford place of employment
for many men, women and children,
and place where our farmers can get
a full price for their cotton, at least
half cent more pound, than If there
was 10 factory here. Besides the cot
ton, our farmers will have a place
where they can dispose of all kinds OF
products which are easily raised all
through the year and receive the cash
therefor. The whole county should in
terest themselves in this project, for we
believe if Mr.. W. Scott Harvin sue
ceeds in his undertaking, not only Man
ming. but Clarendon will be wheeled
into the progressive line.
The industrial spirit is moving our
people and if it continues there IS
bright future in store for this town.
What is now needed is land improve
ment company. an institution which
will buy up lands in the outskirts OF the
town, make streets through them and
sell off lots cheap so as to be able to in
vite people to move in and build. The
way this town is situated, we may as
well be surrounded with Chinese wall
with locks on the outer gates. We
have no houses to rent and no town lots
for sale at price that man Of small
means can buy. This sort OF thing pre-
vents the town from growing up to the
necessities brought about by the i'm
Let those who have money
get up something to develop and build
up the now idle lands in and around
Manning.