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

We are glad to know that increased alien
ton is directed by Northern capitalists to Viz
ginia, as furnishing most eligibIe"point for
investment. Whatever may be the variety
extent and richness of our mineral deuusifs
however fertile, well watered, and low priced
our lands may be, these things avail us little
without the aid of foreign capital We NAV
be fully aPprzed of the fact, that millions of
Hutold wealth are locked up In the bosom, of
our hills and mountains, but destitute of capi-
tai, we are notin possession of that magic key
which can alone HRieck these hidden treas
ures, and dispense among our suffering peo-
pie the benefits and blessings which flow 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 by this section of our State, and arc
gratihed 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-
terpris: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 large amount of
mineral land IN Pulaski county, and are now
engaged in investigations, preliminary to still
more extended operations. The gentlemen
referred to are all 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. En- 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 cspitaL
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
iatlgues ef such 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 molcty of their money within her borders.
/ 1t would furnish remmerarive employment
| to many now unable to procure Il, give a fresh
] impetus to trade, develop rapidly many inter
! esis Row utterly Frustrated, and unite the peo
! pie of the South and of the North BY suel,
| stroHg bands oimutual interest us would prove,
| by far the most efficient agency for efIecting
! that ''reeOustrnetion" so ardentlv desired. =
! Fifty millions OF Northern capital spent in tho
! South now, would in lew years, add $780,
/ OUO,UOO to the national wealth, and do more.
! towards breaking down al! hostile aud vindic-
| tive feelings between the people of the two
sections, than five hundred military recon-
! struction biLls.-LynchJIug NscS