The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-08-18
A gOed Investment,

A TODD Investment.
Now that the Government loans are
al taken up Northern capital, which
is constantly accommodating with un>
paralleled activity, must look around
for q new field Of investment Il
strikes Us that in every point Of view.
the best and safest and ultinately the
most remunerative, would be Southern
lands. The people Of the South have
i've times as much land as they have
any use for, If a proper system Of hus-
bandry were introduced and what they
need above all else, ct present, IS
money, with which 10 set up in life
again They are anxious to sell off a
portion of their lands, and the circum-
stances BY which they are surrounded
would induce them to take q good deal
less than the intrinsic value In ell
the lately rebeilious States the people
seem to recognize the fact that the alb
clifton of slavery has made necessary
q new system Of culture Il will no
longer be found desirable or expedient
for any che man TO own and Till sev-
eral thousand acres Of land; and It
is the obvious dictate of wisdom
that the large estates should be
subdiFided into farms Of from
fifty TO two OF three hundred acres.
Acting on this manifest dictate of3con-
mon sense, societies for the encourage
ment Of immigration have been estab-
lished, and agencies have been formed
for the sale Of lands to Northern and
European purchasers This Is p4rticu-
lsrly true of North Carolina and Vir-
ginia. There still remains in the latter
a class of narrow-minded pretenders 10
gentility who would repel Northern
immigration but we are grati6ed to.
notice that this stupid relic Of slave
holding pride, conceit aud self-sufh-
cheney is overborne by the superior in
telligence and common sense which
prevail in the towns. In North Caro-
Inns no such feeling exists anywhere /;
and the Northern and European immi
grant will be welcomed in every coun.
" and neiehborhood. The people Of
that State seem 10 be mOEo clearly coz
WINGED than these Of any other where
slavery has existed, that the restora-
ton Of order and prosperity cannot be
expected for many years, except
through the fundamentally Of North
ern capital and Northern or European
immigration
The great advantage Of Southern in
vestment, at the present time, over any
other, asises from the fact that noWhere
else, in the midst of populous commu
mites, having railroads and common
roads, can lands and town lots, mines
and manufacturing sites be purchased
80 cheaply. 1t is also 10 be considered
that the Southern States are situated
Upon the sea shore, except Tennessee
and Arkansas, whose borders are
washed by the great Father of Waters
within three days of its outlet to the
ocean !.
A. cannot escape the observation o
Northern capitalists, that upon th'
speedy restoration of order and pros
perity 10 the South viii depend the as
sured prosperity of all classes at tn
North, Without q large cotton crol
next year we cannot look for a returl
Of the commercial and manUfscturinl
activity and thrift which prevailed be
fore the war MOI can We hope Z
escape financial collapse, IS the conse
quenee Of changing from a state OF wa
to peace The regeneration Of tn
South, therefore, is demanded by
spirit of enlightened self-interest on tn
part of Northern capitalists, q well q
by The dictates of patriotism Wasi
sRgtoa Chronicle
There can be no question as to tn
CORRECTNESS. Of tho views Of the Chrop.
Gle expressed in the foregoing article
Good investments in lands a be ha
in any of the Southern States-inves
ments which, in the end, viii be muc
more remunerative than GovernmeE
OF any other stocks.
A short time ago we had 3 converts
ton with q gentleman from MiasissipI
relatiye to the planting interests in tbs
State. He said the sudden eloss {
she war had left the planters withoS
money, whilst the emancipation Of the
slaves deprived them Of the means
e~ultiysting their lands Rich thong
they might have esteemed themselv'
whilst the war was in progress, the
admitted that they had been reduce
almost to want by the success of Il
National arms, and that it would |
impossible for them 20 continue Il
life Of planters, even though the free.
men might work faithfully for wage
unless they could, by selling parts
their lands, raise money to pay e
penses as they accrued. This was Ii
condition Of almost all the heavy Ian
oEneis. There Were very few exec
tions. Lands which, before the wa
would have sold readily at SIS were c
fered him at s. per acre There WI
DO capital in the State TO inveI
IN these lands. They must, theT
fore, fall into the hands Of eiti
er Northern or European capita
ists We would prefer that thol
who have sustained the credit Of Il
Goyernneni, BY purchasing lis bond
would become the owners Of al q
lands in the south which may be sol
This would be best Cor the people an
for tue country We trust That G
press Of the North viii keep the suee
before the public, and aid in the !
demption of the South 1t is impol
ant toan sections that the South be !
stored to prosperity as speedily rs P'
..FTa