[185] News and Observer, Mar. 25, 1881.

[186] Mar. 18, 1881. In this instance also it is apparent that the State was looked to as a natural unit upon which the company had claims. The dispatch says: "The estimates of the subscriptions here has (have) been raised, in view of the encouragement received already, to at least $125,000, and it is believed that with this substantial backing the whole State will be assured of the character of the organization, and join in the enterprise."

[187] News and Courier, Jan. 14, 1882.

[188] News and Observer, Raleigh, Nov. 9, 1880.

[189] Dec. 24, 1880.

[190] Newberry Herald, quoted in News and Courier, Feb. 8, 1881.

[191] Quoted in News and Courier, Feb. 8, 1881.

[192] January 28, 1881.

[193] The same dual basis of appeal was recognized in a notice supplementing an advertisement of the company appearing the day before the editorial here quoted (Jan. 27, 1881): "The advantages, direct and incidental, accruing to every citizen of Charleston from this industry about to be started in our city are so manifest that those who have inaugurated the enterprise have every reason to feel confident of a ready response to the call for capital and for abundant success."

[194] News and Courier, Apr. 13, 1881.