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SALTVILLE IN THE CIVIL WAR
The Corporate History
There are two issues to consider when discussing
Saltville during the Civil War.
The first is the end of the era when the Campbell, King,
and Preston families owned and ran the Salt Works.
The second issue is the major military events of the
Civil War itself, which bore directly upon Saltville.
That these two events came at the same time caused truly
a major seismic change in the community and in the Salt Works.
We have examined how the unrelated issues of the
dysfunctional nature of the great owning families involved, and
the economic stresses of competition from the Kanawha Salt Works
presented themselves at the same time.
But the developing clouds of the coming Civil War, while
not comprehended by many people at the time, were seen and
understood with stark clarity by one very significant man.
George Washington Palmer of New York State
saw it coming.
He
was in the salt business in New York State, and he and a group
of Northern capitalists bought out the old Salt Works from the
descendants of the Prestons and Kings, and moved to Saltville in 1858.
The process of purchasing the Salt Works was piece-meal,
as several descendants of the original families held partial
ownership.
Even
though bankrupt, and in the very process of selling, these
grandchildren of Sarah and Francis Preston and of James King
brought suit against Palmer.
The process of transfer of ownership of Saltville and of the
Salt Works was completed in 1861. That year two
other monumental events occurred which had a profound effect on
Saltville.
A great flood wiped out all but one of the salt works on
the Kanawha River.
Due to the second great event that happened that year, the Civil
War, they were not rebuilt.
Palmer, acutely aware that he was a New York
Yankee attempting to run a critical war industry in the
Confederacy, realized he needed a partner with impeccable
Southern credentials.
He
also needed connections with a strong local financial
institution.
He found
both in the personage of William Alexander Stuart.
Stuart had impeccable credentials as a FFV, with a
complex ... Continue
to PAGE 32
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