Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-09-10
THE SOUTH.
What She Can Effect by Outstanding
Her Resources.
What she Might be by a Proper use
of these Resources.


ElditorS Appeal: heSOuthern States
produce a staple which claims the at
tention of the world. The money to
move it taxes the banking houses OF
Wall street to their utmost capacity
for movable currency. Northern cities
are so sensible of its commercial value
that they send agents into every town
to secure the trade for their own BEN
eft. They know that every order is
backed by a product which is as avail
able as gold itself. A policy is being
inaugurated which transfers all the
profits of trade to other sections than
those in which the country is directly
interested. The South has capital
sufficient in her products to secure at
home all those commercial advantages
which she can secure abroad by form
ing stock company factories and ma
chine shops. She has now no other
objects in which she can so prOtitably
invest the surplus capital which is
constantly increasing 10 a wonderful
extent. Has she forgotten that the
real estate of the country is doubly
enhanced in value by the growth of
villages and cities which such course
of capital would secure; that railroads
and all other public Improvements
are directly the result of keeping the
capital at home? Every dollar that
goes to the trade of Northern cities
| enhances the value of the real estate
of those cities and the country around
| them to the deterioration of our own
lands and every interest here, which
such trade there sustains. Schools,
churches, public Improvements OF all
kinds are as valuable to US as to those
who depend upon our trade TO secure
| them. Now the South has only to
| husband her resources and protect her
self by her policy to become a COM
mercial empire, having within herself
all that can make her the most desir-
able portion of the globe. Does she
want enterprising producers, manu-
facturers, and men to develop her vast
and valuable resources, she has bat to
send agents to the North and to other
parts as freely as the North sends them
/ here for our trade, and aselect emigra-
! ton would flow to us, which would
/ benefit us and be greatly benefited
| themselves. The difficulty of secur-
/ ing the material elements of prosper
! ity here, Is merely imaginary. Reso-
! lutions passed by the people Of every
/ village, town and city, giving eneouT-
agement and protection to all those
who will come and identify them
selves with the general interests ofthe
country against lawless desperadOes
who are the, outgrowths of war and
! dissipation, (and who should in every
community be held in check by the
express voice of the peoplel, would
bring thousands who are kept away
/ by the sensational disturbances of
politicians for their own personal ends.
Then there could be no preteXts for
State militia or military Interference
in any section, and the hardy yeo-
manry of all lands would fly to our
waste places and bring them at once
into cultivation, and villages would
spring up around every factory and
| machine shop that such encourage
ment would establish, and the popula-
ton would doubly increase. The sur
Mus capital which must seek an Inc
vestment can find no more profitable
arrangement than in mining and de-
yeloping corporations and stock-man-
ufacturing companies at home, where
every shareholder will have direct
interest In the prosperity which II
would insure here, as il does to those
sections where our products go, to give
them facilities of trade which ought
/ to exist here, as a result. If these
corporations buy the cotton and man
ufacturo it here, IL will bring the facil-