After ten years of full operation, and the breakaway and
reconsolidation of the LC&CRR, the South Carolina Rail Road was
still obliged by its original charter to connect with Camden. Despite
hard economic times, and heavy debt inherited from the failed
LC&CRR project, this branch was completed in 1848, fixing the route
map for the next 50 years.
During the great prosperity and statewide railroad expansion of the
1850s, the SCRR enjoyed a doubling of its receipts but was obliged to
focus on paying off debt, upgrading its physical plant, and resolving
inefficiencies in its route. After the War, financial losses due to
operations of Federal military forces were estimated at $1,438,142.
Losses due to the downfall of the Confederacy were $3,803,917 including
defaulted CSA bonds, uncollected transport charges, and 111 emancipated
slaves.
Competition crept in thanks to previous failure to expand. In 1867
the SCRR fought an unsuccessful "railroad war" during construction of
the competing Charlotte, Columbia and Augusta Railroad
by interfering in the courts, claiming an exclusive charter for any
railroad connecting Charleston, Columbia, Camden, or Augusta. A grade
crossing in Columbia was protested in court, then blocked by a parked
train, then torn up physically, and finally threatened by a steamed up
locomotive ready to move forward to block at any moment. All of these
obstructions were quickly dismissed or prohibited. |