News-Record.com

The North Carolina Piedmont Triad's top go-to source for News
A service of the News & Record, Greensboro, North Carolina

Home

Off the Record

« Football fumbles | Main | Do something, Congress »

A grand deal for North Carolina

In my view, Grandfather Mountain is the grandest place in North Carolina. So the idea that I, as a resident of this state, can become a part-owner of sorts for whatever my share of $12 million purchase price will come to is just remarkable.

This might be the best land deal since the U.S. bought Alaska from Russia for $7 million in 1867. That transactions was foolishly ridiculed as Seward's Folly after the secretary of state who negotiated the agreement. Maybe this will be called Easley's Steal -- except the Morton family isn't being robbed. They're in effect making a huge donation to the people of North Carolina.

Compare this to the state's acquisition of Chimney Rock Park last year. That cost $24 million for 1,000 acres -- and sounded pretty good to me. Chimney Rock is a jewel.

But Grandfather Mountain comes with 2,600 acres for a price that works out to a dollar and change for every resident of North Carolina. Thank you, Crae Morton and family.

Most of that acreage is rugged wilderness, which now can be preserved forever -- a priceless treasure.

But the park also includes valuable development -- a road, a visitor center, a museum, wildlife habitats, McCrae Meadow where the annual Highland Games are held, the famous Mile High Swinging Bridge and an extensive trail system. The hiking up there is outstanding, and the views are unsurpassed in Eastern America.

My only concern is maintenance. I hope the state will do a good job of keeping it up. I'll guess the state will continue the current admission charges, or close to it, to pay for upkeep.

Grandfather Mountain has always been a great asset for North Carolina. The Morton family has operated it almost like a public trust. I suppose the danger was that, someday, they'd no longer be able to do that. So now they're entrusting it to the public, and it's going to be an asset of North Carolina. Let's do it justice and enjoy it as long as it stands against our western horizon.

Comments (4)

To report abuse of the comment feature on this site, please use the feedback form at the bottom of any page.

skeet club savage said:

Almost as good a deal as the G-Boro / Canada Dry deal. Wait. I did the math wrong. Looks like a little more than a dollar and change per resident. Oh, well. Whataya gonna do?

Soon the government is going to own everything.

skeet club savage said:

Doug, any chance for any editorial comment on the Pettiford payoff er...I mean- settlement. I mean, was it clear to any of the editorial-writing folks why this was done? I read the N&R piece and it's not clear. If any of ya'll know, help us out here.

Doug Johnson said:

Gee, I just read were we are in are in big money trouble. And we are going to buy a park? If it's such a good deal, private money would jump all over it. You folks at the NR think its a good deal, you buy it! Maybe we could rip off some more school money to pay for it, are maybe float another big loan.

Doug said:

As a financial transaction, any private company with $12 million would buy Grandfather Mountain at that price in a heartbeat because they could sell it off in parcels for many times that amount of money. But the point, Mr. Johnson, is not to sell it to private interests for development but to preserve it as it is for the benefit and enjoyment of all North Carolinians.

Due to recent automated spamming attacks on our blogs, we are temporarily requiring commenters to authenticate themselves via TypeKey® before posting comments to any News & Record blog in order to prevent denials of service. We sincerely apologize for the inconvenience.

Post a comment

Users who post comments to this blog tacitly agree to observe the News & Record Online Service Terms of Use and Content Submission Agreement. Comments which do not adhere to the terms of this agreement may be removed and the submitter may be banned from further participation. Please use the feedback form at the bottom of any page to report abuse of this feature.

ADVERTISEMENT
ADVERTISEMENT

Search

Search

Channels
Font Size
Tools
Question, Comment or Suggestion? Please contact us.

News & Record and NRinteractive

200 E. Market Street, Greensboro, NC 27401 (336) 373-7000 (800) 553-6880
1813 N. Main Street, High Point, NC 27262 (336) 883-4422
203 E. Harris Place, Eden, NC 27288 (336) 627-1781
4213 S. Church Street, Burlington, NC 27215 (336) 449-7064

Copyright (C) 2008 News & Record and Landmark Communications, Inc.