The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-03-21
Ias Aew@York, yet. strange to say,s that the

at AesGX York, yet, strange to say that tn
money that went forward TO buy cotton, &c.
has not all found rs way back again to th
great commercial and financial centre. Thi
is good sign, indeed.s Intelligent South
erners think that ecurrent trade indebted
ness Of the South in Northerny cities ha
been discharged, and that hereafter she viii
have much over and above board to repai
the ravages of war. The following
rather coulemr de rose, but it is type O
what is going on in the South. It is from
the Philadelphia NORTH American:
'Leaving methods of communication
aside, (by augmenting steamboat facilitie
upon the coast and upon the Mississippi
and its atfiuents,) it will be found that til,
same cause has been operating with nearl,
all of the industries they support or assist
and that are aided by them. It is commonl,
known that great tracts of sea islands have
been sold to Northern cultivators It il
known that colonies of Northern and O
European settlers have located in Eastern
Tennessee; in Western. as well rs in East
ern Virginia; in the Carolinas, Florida and
Georgia. 1t is not SO well known that the
West has sent down brave representative.
OF its thrift along both banks of the Mis-
sssippi and those of its affluents Those
who have gone have almost invariably
bought land, and whether they have settled
IN one section or in another, they have put
their hands to the work with vigor that is
capable OF some appreciation. Great tracts
of lumber land have been bought in Florida,
in Georgia, in Carolina, and in other States
Saw-mllls have been erected and put at
work. 1t only requires few moments at.
tentlon to see that the amount of their ship
ments indicates the distribution of O great
deal OF money, and the rapid accumulation
of capital; for while the sale of the lands
themselves affords means to the sellers, the
sented in wages to the workmen
Another matter that has invested much.
and will take more capital, is the business
OF mark arket-gardening, pdrsued rs never be-
fore, all the way from Hatteras to Cape
Florida. There are no statistics of this;
and yet the receipts of early fruits and
vegetables here, and at other cities, en-
lightens us to the fact that the business is
being prosecuted more extensively and in
te.ligently than ever.
''The mining of coal, iron, oil and gold
that is under weigh pays its quota of tri-
butte to Northern aid as we'll as to general
improvement. The work is limited to no
State. In Tennessee the marble quarries
again resound to hammer and drill, and are
sure sources of wealth. North Carolina gold,
that was coined in this city and at branch
mints to the amount of Sl2, ZOO, 600 before
the war, is being again more intellgently
sought; and perhaps an excess of attention
has been directed to it. But the iron and
coal mines of Georgia and Tennessee are
not neglected. Our own State and our own
city have sent enterprise and means to de
velop them, and they are worked at the be-
q @ hnf ~, l. l..
of steady increase. These employments
have built and sustain large establishments
Mt many Of the ports, besides furnishing
country stores more thoroughly.
'And yet we have not adverted to the
cultivation of cotton, of tobacco, of rice,
or of cane, in each of which staple interests
there has been n notable Improvement and
in all of which the North has had share.
Nor have we alluded to agriculture as q
whole, now being better prosecuted, as we'll
MS more extensively. than ever. And yet it
Is reckoned that, after supplying all South
ern demands for year, there will be sur
plus of wheat. rye and barley. as well as of
rice and corn for export.
''These are the basis for Southern pros
perity, and for all of the benefit to the
North that the North can calculate. We
may add to them that Northern manufac-
turers of cotton and iron, as we'll as of lum-
ber, have gone, and continue to go, where
they think there are advantageous openings
for them.
And as fresh energy is added to the awaken
ing industry of the Southerners, as the
various fields for profit ore explored and
improved, as capital is made more abun-
dant, as labor is better paid, as intelligence
is more ditfused, as exchange is quickencd
and cheapened, we may look for every adj
vantage to ripen rapidly to the mutual rood
of the South and the North, and the profit
of the whole country. We speak of these
enterprises and Of this promise now with
| confidence"
Mr. ENRON. ODa Of tho oroof,ct oy;1e