Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1867-05-28
Virginia-The Advantages she Offers
fer the Investment of Capital.

We are glad to know that increased atten-
ton is directed by Northern capitalists to Yir.
ginia Us furnishing most eligible point for
investment. Whatever may be the variety.
extent and richness of our mineral deposits
however fertile, we'll watered, and low priced
our lands may be, these things avail us little
without the aid offoreign capital. We NAV
be fully apprized of the fact, that millions of
Hntold wealth are locked up IN the bosom of
our hills and mountains, bat destitute of capt.
tai, we are notin possession of that magic key
which can alone uRlsck these hidden treas
ures, and dispense among our suffering poo
pie the benefits and blessings which few from
these prolific sources. Fully conscious of
these facts, We have net ceased to urge
Though our columns the important duty Of
directing public attention to the advantages
offered b. this section of our State, aud arc
gratifed at indications of the increasing in
terest felt in the matter by those who have
the ability to aid us in the work. The recent
visit to Virginia of number of the most en-
terrris:ng, intelligent and influential capita~
lists of Pennsylvania, furnishes abundant ev-
idence that this interest Is beginning to ex-
hibit itself in action. The cambria Com
pauy," one of the largest and most wealthy
of al the Pennsylvania Iron Manufactures,
have already purchased a large amount of
mineral land in Pulaski county, and are now
engaged in investigations, preliminary to still
more extended operations. The gentlemen
referred to ali well know in business circles,
aud as thorough business men, no spectators,
nor mere excursionists in search OF pleasure,
but practical men, seeking to make judicious
Investments of their ample means. I'm pas
SAINT, We have heard it stated on good authors
ty, that twenty millions of dollars would not
be large estimate of the amount OF capital
represented by this party of gentlemen.
We hazard nothing then in saying that this
trip, flying though it may be, means business,
and 1t would be equally safe to assume, that
men, such as these, many of whom are adj
vanced in life, would not have encountered tho
iatigues Ell such n trip, unless they had good
reason to believe it could be made to nav.
We need not indulge in any description of
the benefits and blessings which would accrue
to the citizen Of Virginia from the expenditure
OF a moiety of their money within her borders.
1t would furnish remmeradvo employment
to many now unubls to procure It, give a fresh
impetus to trade, develop rapidly many inter
ests BOW utterly Frustrated, and unite the peo-
pie OF the South and of the North BY such
strohg bands of mutual interest as would prove,
by far the most efficient agency for efTectinls
that Reconstruction" SO ardently desired
Fifty millions OF Northern capital spent in tho
South now, would in lew years, add $780,
OUO, 900 to the national wealth and do more
towards breaking down all hostile and vindic-
tive feelings between the people of the two
sections, than five hundred military recon-
strueuon biIls.-LyHchLUg Ners.