The New York herald., 1869-05-21
MOVEMENTS or SENATOR spaAGus.

The Young Rhode Islander In Louisville
His Views About the Water Power Of the
Falls.
From the Louisville (Ky) Courier Journal, May 1871
dustcovered travellers entered the Iouisyile Hotel
One OF them had under his arm a misunderstanding
portfolio, and he was at once "booked' by the OBJ
servant senior landlord who stood behind the off1ce
counter. q solicitor for some new-fangled adver.
tsing medium, q tax collector or dealer IN goods
common notice, as he kept just little in the shade,
He Of the suggestive portfolio asked for pen and
proceeded 70 leave his AUTOGRAPH. on the
add his signature. THIS was politely objected
to. and the friend acted as his own amanuensis. As
with the view Of assigning room to'the companion
guests. Imagine the clerks surprise on reading the
RsoSs snnS aei gsw
not take the wonder-struck clerk long 10 recall the
description he had read and heard OF the young
other half and Rhode Island millionaire. The
'young man eloquent was there IN proprtd per-
forward and Mr. spraeue idented himself and his
friend alstead TO the pleasure and satisfaction Of
all parties. Their visit was not altogether unex.
hither BY Judge James p. Harbeson. OF Louis.
vile, 70 consider the proposed utilizing OF the
falls or the ONO. As one OF the weathiest and
most extensive manufacturers OF cotton goods
IN the land, he IL deeply interested In the develop
ment OF that branch OF industry. His views In re-
gard y? the ERECTION Of mills at this point are not
altogether "a hopeful a. some people's-we say
nothing as to the wisdom Of these opposite theories
Mr.. sprague expressed himself this subject to the
enec that would be inexpedient II not really un-
sale at tins time 70 establish manufactures along the
falls, as contemplated by the various plans now be-
fore the people. Louisville has no market for the
GOODS she might thus produce. The Eastern mills
have the advantage Of abundant capital and cheap
labor, while In the South capital is scarce and
labor high. THIS. in his opinion, forms barrier to
| the project now 70 be easily or suddenly, sur
| mounted. He has faith In the capacity and avail
ability Of the falls, and regards their ultimate de-
velopment as certain as any human calculation. But
the day has not come for this local undertaking.
| IL must follow IN It's proper order 10 the great
reaction mapped out for the SOUTH This IL mere
| inkling OF MI. Sprague's theory concerning the
| water power OF the falls. lie enlarged upon the
theme ct considerable length In Conversation with
gentlemen here. All consider him a stanch friend
Of the movement and look forward with great con.
dence to valuable aid at his hands when the matter
assumes a more practicable shape
Having spent SIX hours among ms, this distin-
| guished young statesman took passage on the four
p. M train for Memphis, whittier he goes to address
| the Commercial Convention.
| IL In probable that Mr.. Sprague will 20 from
Memphis to Charleston, and rejon his wife and her
father, who have been sojourning In that city for
| several weeks. Should he conclude otherwise, how
ever he Is under promise 70 return TO Louisville and
remain Two or three dayA