Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-09-10

titles of st. Louis, Cincinnati, LOui--
Vile and New York even, at our own
doors, to enhance the value Of all
kinds of real estate. The capitalists
and business men of those cities would
be compelled to come here, and thus
build up this country, when we
would not 90 there to build up theirs
by our trade and capital invested in
their cities, stocks or manufactures,
for cotton is still king in the money
il controls. If the capital of the
$500. .OOO, 900 cotton crop was held here
10 be manufactured, it.would draw all
the facilities and cheapness of the
world around it. Manchester and
New England factories would be des-
oIatad. their machinery transported
at once, and many from all the man.
ufactures of the world would be set
fling down in our midst to increase
the value of real estate perhaps an
hundred fold by the dense population
which such a course would secure.
We shall become the most abject OF
snv people if, by the contrary policy,
we allow ourselves to be the CONNER
eiaI allies of any section when we have
the capital, power and opportunity of
making ourselves independent OF any.
Here the climate and fertility OF the
soiI yoiIl allow of the most dense pop
nIation of any part Of the globe, and
the most material profit to all exer-
lions either in agriculture, mechan-
~ or commerce, BY thus keeping
our own capital here, we would aod
IN IL the capital that its manuiaetures
would doubly secure, as Wen as that
of other sections, which together
would make the South In snort tlme
the richest portion OF the globe, ana
her cities and state OF clVlllZatlon
ypould eclipse all sections, and her
,yeaIth would become permanent:
Thare could be no policy more suicidal
IN the Interests of the planter than for
binn tn po abroad with his trade upon |
tna nresumption that he would be ben /
ef;ted nv such course. Especially IS |
thia SINGULAR when his home merchant 1
Il clad 10 duplicate his bills at the |
"a me- prices, who, independent OF this /
General home demand, buys as largely |
and as cheaply as any. The increase
IL the urice of real estate would be |
more than equal to all the profits
which home business would secure, so |
n is doubIv more to the interest of the |
nlanter than the home merchant that
home trade and industry and product
iveness should be encouraged. But /
the nlanter has not studied all the
hearings of this subject, and may con-
tinue to work against his own inter-
ast unless this subject is agitated, and
nome merchants go directly to them
to assure them that they can sell them
Goods at as low prices as any compet-
ftors against the interest OF Southern
industry, No inimical spirit should
he indulged in by the merchant
s0ainst those who have thus blindty
IGNORED Southern trade, to give the
profits of their toll to Others, but de-
eeided effort should be made at once to
demonstrate before them the fact that
they can not only sell goods as cheap
as Northern traders, but extend the
GREAT value of establishing Southern
of business, so that the de
sirable ends of emigration, profitable
labor, manufactures, general develop
ment and home industry may be Sc
cured. Hence, every wholesale firm
should, by its agent, be represented In
every town in the South, for no great
good can be secured except by the
Combination of effort, Intelligence,
friendly relations and thrift, which is
equally beneficial TO all.
]. D. STILLMAN.