The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1905-07-12

upon builudir up an enterprise that
will upbuild the community In mani
fold ways-I say the community that
cannot appreciate the money value to
itself Of such a body Of workers is
certainly benighted enough TO need a
college, but probably too benighted to
be sufficiently aware of its need to
make any suitable effort to secure
one.
5. Present and Prospective Money
Assets Other than Those Already
Named-As stated above, the college
has only $4,000 (net worth of proper
ty to which it has fee simple title.
1t would he mistake, however, to in
fer from this, as might only too easily
be done, that 81 900 represents its en-.
tire present money value to the COM
munity where it is located. For last
wear the institution had an income of
S., 400. This, as a moments reflection
will show, rt presents 6 per cent on the
investment of 100000. Double the
number of students, as we expect to
do within five years, and it is easy to
see that the income of the college will
represent an investment of not less
than SlSO,OO0. In this connection it
should he noted further that the S.,
400 mentioned above does not include
the money spent in the community by
the student body for other things than
tuition and beard. Were fair allo W.
gance made for this, it seems certain
that the present money value of the
to the community in which it is loca-
ted represents an investment of not
less than 500, 1000 to $4,000.
Finally, I am authorized to state
that movement has already been in
augurated among members of the
board to raise, if possible, between this
and the 18th of Sept, next an initial
endowment of S50, 900 for the college.
Though the movement has just been
started, and only few members of
the board itself have been seen, a good
beginning has been made. Let any
one name over to himself the flourish
ing towns in our Standardization.
Colum oia, Orapgeburg, Aiken, Sum-
ter, Florence, Darlington, Manning,
Bennettsville, Hartsville, Timmons-
Vile, Cheraw, Lancaster. Heath
Sprinp. Rock Hill, Chester, Winnsbr :
ro, Yorkville, Spartanburg. Green
Vile, Abbeville, Greenwood. Laureps.
Clinton, Newberry and many Others
that have pottime or space to name. I
say let any one run over in his mind
II ere towns, let him look at the Pres
byterian houses of worship they con-
tain, let him notice the people who at
tend at those places of worship and
then him ask himself, is it impossible
for this people to provide the college
that they, through their presbyteries,
have taken under their care, and that
bears, with their consent, the name of
the Presbyterian College of South
Carolina, with an endowment of $50
900 between n this and Sept. 18th, next?
The question is it's own overwhelming
answer. That they can do it is posi-
lively certain. For one believe that
they will do it.
I will only add that those who are
behind this movement for an Initial
endowment of $50,00O for the college
are not trying to raise this amount in
order to secure it's removal from Clin-
ton. or to any other place but to raise
it for the college at whatever place it
may be-, whether at Clinton or else
where.
Hoping that have spoken clearly
and fairly to what conceive to have
been the main matter before Mr.. Will
sons mind in the questions he pro-
poun nded-a matter, TO donot, just
now before the minds of the Presby-
terians of other communities than
Sumter,
I am yours fraternally,
w. M. McP eeters.