The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-10-09
opening the Industrial Resources Of the
South.

opening the Industrial Resources Of the
South.
Every day we hear of something new in the
ray. of reopenipg the trade with the South,
nd The development of her industrial re-
.ources At one time new steamship line is
at another railroad is rebuilt;
gain we hear that financial institutions, large
commercial houses, places Of amusement,
olleges, schools. large and handsome news
|apers, are being commenced or revived.
This is all outside the agricultural development
II the country, which may be said to be at
resent in the infancy Of its new and changed
xistence. But the most important of the
|,cent reopenings in the South is the revival
|E line Of railroad from Northern Virginia
trough East Tennessee to Montgomery and
(obile, Alabama. This, with the branch
pads, and the connections which will soon be
lade with direct Northern routes, will eventu-
F lily restore perfect Intercourse between the
| rorth and the South, and link both sections
gain in bonds of common interest and common
estiny. Now can all sections Of the country
,eerfully unite in assisting to plant the South
an industrial position in the Union which
le has not hitherto enjoyed. Her former
pulence was more the result of monopoly she
assessed in the growth Of o single staple than
all her other Industrial employments COM
ined. She can be aided in restoring that
terest successfully, with her changed labor
stem, by the Introduction Of white labor and
bite or black lahor-saving machines. Her
Threads and canals must be re-established,
Dr. telegraph lines rebuilt, her mineral re-
,urces developed, her cotton fields ploughcd,
srrowed and planted, and her population
,urred to emulate the example Of their North
n brethren in engaging in worthy industrial
irsuits. This can be done with a little
ouble, if Northern agitators would cease
.bbling about distinctions, and permit the
ork Of restoration in the South to go on
ithout their mischicvous interference.
Most Of the railroad lines in the South were
lilt by Northern capital, and many Southern
,dcsmen have been deeply indebted to
,rthern houses for goods bought prior to the
". This shows the pecuniary interest the
It's, pleasing feature has been disclosed
Ice the war ended. Not few Northern
EDITORS expressed doubts of the honesty Of
eir Southern customers, and declared their
prehensions that they would never liquidate
eir claims against them. But, contrary to
rir expectations, they find their Southern Gus
ners coming North after the war, paying of
IL old debts in gold and silver, making new
releases, and leaving extensive orders for fur
pr supplies One Southern merchant brought
New York short time ago huge bar Of
yer, che product Of melting his silver plate,
sold 1t here to pay off Northern debts
itracted before the war. This act speaks
II for the intentions of the Southern mer.
.nts to liquidate Northern claims, no
tier what their ability may be. But
ir ability is not SO meagre as some
y conceive. In nearly every part Of
South we hear Of large quantities of cotton,
acco and other products coming to light
Ell had been stored in the interior for lack
transportation or from desire for conceal
1t. AT the same time pots and bags Of gold
silver coin, and bars Of bullion, are being
umed and brought forward to help swell
specie basis OF the country. AT the break
out Of the war private parties in the South
@ probably as rich in precious metals as
~ reputed more wealthy IL the North. 1t
evident that this Southern wealth has not
a exhausted, and the use made Of It in pay
of old debts due the North should inspire
hitter with noble impulse to help restore
South TO her former If not higher position
ne Union than she ever before held. To do
the best way to begin is to help her to de-
pp her industrial resources.