16 Mar 1876
Page 1
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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Mar 16, 1876
Page
1
In a Wednesday March 1 issue the Rome Commercial notes a man seeking fifty thousand dollars more for the North and South railroad will likely not leave the town alive. The blurb accompanies a pricing table for transient advertisements and local notices with rates and deadlines.
ATLANTA: Her importance as a major commercial and manufacturing hub is highlighted with rail connections to the west north and south, a growing trade in cotton tobacco rice sugar and other goods, and a favorable climate. The piece also notes the city’s postwar rebirth, layout scenic views, and the Pull of markets across Georgia and neighboring states.
A historical Atlanta piece extols the climate as bracing and healthier than Florida, notes its role as a trading crossroads, and highlights state geologic and agricultural bureaus. It also details manufacturing potential with local coal, iron, timber, and Georgia coal analysis showing Dade County coal quality and steam efficacy versus Cumberland coal.
The article notes abundant timber including oak and walnut near Atlanta with cheap, durable supplies for building and furniture. It highlights ripples of stone, soapstone, marble, lime and sandstone along rail lines, with Stone Mountain visible nearby. It mentions a big stockjobbers bankruptcy and a humorous local insert from Acworth GA about lively youths and local figures.
The March 138 telegraphic item reports Daniel Drew facing bankruptcy with notes totaling 250000 and 40000 unsecured liabilities tied to Drew Theological Seminary in Madison New Jersey and Middleton Connecticut plus overall liabilities near 1500000. It outlines his four decades in finance notes his major past losses and a bankrupt sale of residence with ongoing examinations.
A sensational 1876 account alleges corrupt dealings surrounding government appointments, including a purported bid for a Treasury post and payments linked to Senator Sherman. The piece contrasts alleged bribery and favoritism with a later letter from Gen. Johnston’s former servant Jim Ferguson, recounting gifts and frustrations over unpaid money.
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