The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1902-12-10
local News.
WEDNESDAY,. DEC. 10. lYUz.
Mr. R. S. Hill Interviewed.

The phenomenal industrial develop
mcnt in the city and county of Ander-
son within the last few years has pro.
duced frame of mind in our people
highly appreciatiye of every effort,
founded Ou solid business principles
made to steadily increase this develop
ment; and in no instance has this been
so clearly manifested as in the efforts
made by our tOwnsman, II. S. Hill, di-
rccted to he building of another large
cotton mill. Only q few weeks have
Intention to organize and build mill,
and already there has been subscribed,
locally, more than S200.00O. This is
considerably more than WAS ever sub
ScrlDod, locally, to any enterprise at
tempted in this County, and demon
strates that our people are fully alive
to the fact that natural conditions are
rapidly moving the cotton mills from
the East to the South, and that no in
Vestmcnt promises such rich rewards
as cotton mills.
Meeting Mr.. Hill yesterday We in
quired, "llOw are you progressing with
your mill?" He rcplid: "Splendidly,
and we are thinking seriously of organ
iZing soon. Aside from some right lib
eral amounts outside, our uncOndi-
tional subscriptions secured from pco-
pie in the city and county of Anderson,
now aggregates more than ?200,0OO."
when will you close your subscrip-
ti0ns?'
1--WE do not wish to close subscrip-
tions earlier than tho middle or latter
part OF January, at which time we hope
to be ready for organization. How
ever, in consequence Of higher raw ma
terra! an advance in mill machinery
seems probable, and rather than pay
higher prices. We would prefcra small
cr mill with as low cost rs is consist
ent with the best equipment"
Should you decide to organize ut 80
early a dcte, will you maintain tho de-
termination to equip free from indcbt-
edness7'
Certainly. We propose to adhere
strictly to our idea of placing no orders
for machinery, and contracting no
debt OH the plant beyond tho amount
the bona fi.le subscriptions to the CAPT
tal stock, taken in legal shape, as near
rs we can approximate, will cover"
What are v0ur Immediate prospects
for additional subscriptiOns7"
They are very fI;tternR. but our
f''"nds who have signitird their inten-
I ~ to take stock with us, or to in
Clense their subscriptions, and are de-
laying. considering what amount they
VIII take or increase To, may De uiSnp-
pointed in both it they defer the III at
ter much longer"
"What are your prospects as to out
side subscription7"
I'VE very much prefer having large
majority Of our stock held at and near
home"
AS we were bidding Mr.. Hill good
day, and thanking him for the inter
view, ne remarked: cit il hardly ne
cessary for me to remind You that An
dersOn County ranks second in the
State in the manufacture Of cotton,
AMI this State ranks second in the
United States" We were not thinking
OF ir ut the time, but it ia fnct that
the Stattof Massachusetts. alone. leads
South CnrDlina in cot ton Manufacture.
MIR. HUI Ia on" "t Anders,ua most
savacinus and succcnsful business men.
All of his business tnttrprisrs have
been snccessful. among which was the
founding of the Farmers md Mer-
chants Bank, of this city. Of which he
is l'rtsident. His experience and prac-
ticMl Judgment cannot fail to carry to
success any enterprise he undertakes,
and it is to be- hoped that those who
have taken an interest in the pstab-
lishnenr of this new mill will deter
mine upon making it the largest and
best equipped mill iu Anderson.