Beaufort Republican. [volume] (Beaufort, S.C.) 1871-1873, 1873-08-07
1890 PER ANNUM,
Single Copy s Cents.
The New Era In Virginia.

Virginia seems to be at last entering
upon the career of prosperity for which
she is so eminently qualified by the ex-
tent and variety of her resources, the
diversity of her productions and the
salubrity of her climate. A small but
steady flow of immigration has set In
for that State, which must exercise an
important influence on her future des-
TIMES. The new comers are more dis
tinguished for intelligence and Vlgor
than for numbers. They belong to the
very best and more desirable classes
From nearly all parts of the State we
hear of small companies of persons from
England, Scotland, Germany, France,
and other European countries purchas-
ing lands and settling down to the Gull
tiyation of the soil. And, perhaps HAt:
ter still for Virginia, persons from otner
States are making their home IN tne
Old Dominion. Only q few Gays ago
land was purchased in the vicinity OF
Manassas for twenty-five families from
M;chioan, part of whom have already
arrived. Nor is this an isolated case;
In all parts of the State are to oe 1ouha
newly-settled Northern families VINO ap-
pear to be we'll satisfied with their con
dition and prospects, and whose reiaI
tions with the people of the State are OF
the most cordial character. The new
corners. for the most part, possess capl-
tai and resources which enable them 10
occupy an important position In their
new homes. e
Nor is this all. A large amount OF
outside capital is being invested In tne
State. Some of the most enterPrlslns
and wealthy citizens Of New York hsse
invested largely in mineral LANDS IN
Virginia. Investments from otner
sources have also come to our kno"l-
edge. and the aggregate OF northern
capital represented in that State must
be quite large. 1t is also known that
the attention of foreign capitalists mas
been attracted to Virginia. A gentle,
man who recently arrived in Richmond
to negotiate on the part of the British
holders of Virginia securities was als9
intrusted to investigate the mineral ana
manufacturing capabilities OF the state.
There can scarcely be doubt as to the
nature of his report. The mineral "ealtn
of all other countries appears as power,
ty in comparison with the wonderful
resources of Virginia. 1t is scarcely
an exaggeration to assert that her mere
surface deposits of coal and iron ore
would suffice for the consumption OF aii
the generations of mankind Tor centu'
ries to come.
With these incompatible advantages
and with the additional benefit OF con-
tipuity to the Atlantic sea-board, the
prosperity of Virginia is only ques-
ton of time. AS yet her mineral re-
sources have been almost untouched:
In the Kanawha Valley the deposits OF
splint coal are especially valuable and
extensive. The coal derives It's name
from the character of the fragments or
pieces into which it separates. Its free
dom from sulphur and other impurities
renders it especially valuable IN smell
ting ores and in the manufacture OF iron
and steel. and in this respect is yalu.-
able substitute for charcoal. 1t is equal
in quality to the very best English can
mel coal, and the Cannelton Company
consisting chiefly of New York capital
lists, mines this coal, ships 1t to New w
York, and sell it at profit OF from 60
to S12 per ton, against 800 for Engllssh
camel. This coal is by no means limit,
ed to the Kanawha, but is found IN all
the adjacent valleys and in the entire
region. This coal is virtually imbedded
in strata of iron ore, the whole char
acter of the mineral formations estab-
fishing the conclusion that nature her
self has destined the two States OF Vlr-
ginia and West Virginia as the centre
of the iron industry not only OF the
United States, but also of the entire
continent.