Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1911-06-02
Don't Have To.

We are reproducing from the Char.
lotte Chronicle a chapter of local his
tory that is cited to illustrate the fact
that the Piedmont and Northern rail-
road is not compelled to run through
any given territory, and people who
expect to get the road and a bonus
along with it are going to be disap-
pointed.
This Piedmont and Northern COM
pany is working primarily to develop
the grandest country in the world; but
the promoters of that company do not
aim to bankrupt themselves in the en-
terprise if they can help 1t. In other
words, plain English, they expect tc
get substantial benefits for themselves
as they go along, and there is no use
counting on anything else.
AS to what there is in this tre-
mendous undertaking, we do not know
To us it looks like a big thing. We
believe that the next twenty-five years
will show almost as much develop
ment and prosperity in the Piedmont
as New England has seen since the
first settlement Of the country. That
means a lot, we understand, but 1t Is
possible that If it comes, it will mean
among other things that these enter
prising builders have planned we'll and
wisely. But without taking into CAL
culation the possibilities of the future
and considering only that which is
here now and in reasonably plain
sight, there is full justification for all
these developers have been promising
The proposition is a business one,
pure and simple. 1t is business prop
osition for the folks who furnish the
experience, money and conception OF
the attractiveness of the undertaking,
and it is a business proposition to the
people who live in the territory to be
developed.
We would not be understood as tell
ing anybody who has cash from which
they want dividends that this is the
best place in the world to put it. We
would not recommend it even as a
straight business investment. By
straight business investment, we mean
one that promises direct per centum
profits within a reasonably short time.
But we will say that If the road Is
built through this section it Is going
to create a tremendous amount of
wealth during the years to come, and
thousands of people, other than those
on the ground floor, are going to be
made rich by it.
That the people have got to help
build the road goes without saying.
The promoters do not stand for any
thing else, and will not stand for any
thing else. Whenever they run upon
a section that is not willing to come
down properly they will go to some
other section that car see more prom
ise in the enterprise for itself.
The communities that try to get the
benefits of this big enterprise without
paying for the same are going to get
left in more ways than one. They will
stand a chance of not only losing line
by their own doors; but Of driving 1t
to other doors and then the cost will
eventually be much greater than the
amount that was asked for in the first
instance.
But we do not want to be under
stood as suggesting that everybody
should give rights OF way. There are
many people who should give rights of
way and should be glad Of the oppor-
tunity. The proposed development
will bring to their property many
times the value of rights of way. In
the case of others, however, there will
be no reason why they should contri-
butte anything at all. The matter Is
one that each individual will have to
decide for himself in accordance with
the best lights he can bring to bear.
And of course, the same rule will
apply to subscriptions Of stock, every
subscriber having in view ultimate
benefits rather than immediate returns
in the shape of annual dividends.