The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-01-09

puts the sum at 81, 100000 per week, but the
probatiii ara that the cne is as much too
low Us tho other is too high. and that the
weekly outSo is about 81. $50. 600. Real estate
is the object chiefly sought; but railroads are
also receiving attention, and some are even
disposed to take tho risk Of putting their
money in reconstructed bonds. 1t is stated,
and I think with considerable justice, that
those going or sending South to invest, are
very much more anxious to buy than they are
willing to have appear, and that it is quite
likely they will try to purchase at 1866 prices,
when, on the average, those rates are noS
above one-fourth OF what they are willing,
rather than forego investment, to pay. This
statement coming to the writer On very good
authority, is respectfully communicated to
whom it may concern, with the accompanyng
moral "Don't sell too low" Sprasues reported
tribute TO the superior management OF The
Augusta factory, which ho IS said to- have
stated to be the best ct its Kind IN this
country, is .oing tie rcunfs Of tho Northern
press and elicitirg such strain Of comment
as makes one smile to see how exceedingly ig-
norant these folks are of tho real South. 10
the average Northern mind, tho most favored
region of this continent is an attenuation OF
cotton field, swamp and wild wood land. ten
anted alcnc b. the poor, down-trodden nlSger
and q fierce and treacnerous race OF Wtlte men,
vino swear BY knife and pistol; and hatc ''thc
great heart Of the nation" and its Sizzard, and
its lungs, and it's liver and lites, and all other
such intestines whatsoever With hate that
is altogether disloil and ''reoel" beyond hope.
That in this land there are noble and beautiful
cities. sweet and tender climate, deep har-
bors, and fine rivers, and sublime mountains,
and healthful air; that here is civilization
quite as old as their own, and greatly more
pure; that, in one word, God has blessed this
heritage, and that there's life in the old land
yet, are things that seldom enter the ordinary
brainpan OF the trooly loil. Once in while,
though. dim present;ment that oil is not
quite as Peter Farley and Sneak Sumner and
their blood-euilty parsons tell them, seems to
interpenetrate them, and some such SHAFT OF
truth appears to be operating Low. all OF
sudden they have walked up to the facts-frst.
that the South is not altogether given over to
fever and acue and yellow jack; and, second,
that the Southerner is apt to be, after all, very
pleasant kind of man, and, acting in this sud
den influx OF light, are now greatly exercised
on the subject of investment in this new found
land. TO encourage this conversion it would
be well for the Southern press to taper off
somewhat in politics for while, and give plen-
ty of information, the more specific the better,
as to the wonderful resoutces OF their sect.o1.
Negro suffrage and reconstruction are things
that may be called Fictitious imposthumes in
healthy skin. Neither of them can last; one
good puff OF wind would blow the whole fab
crawls within it, to the devil, whence the whole
thing sprang; while as to negro suffrage, it is
but the sport Of an idle hour, and will be
laughed out of court before heads that are
now gray can turn from silver into snow. In.
dustrial writing is the thing needed now-full
OF facts, figures, thoughts, suggestion, and
pregnant hint Politics, of course, as matter
Of news, must have attention, but for the iu-
mediate present it would help things wonder
fully, by way of informing and attracting capi
talists, 10 give industrial themes the larger
scope. VERB. SAP.