Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-07-29
DALLAS. TExAs.
A WOndcIfuI C0untrS for People with
Money, Or for those who SVOUId
labor On Farms.
Curious Facts what Ezempllls People
are Doing Out &est-A Lesson for
Tennessee EawSivers-a EOwn
that Grew sfixe Jonah's
GOsIrsI. .
From our special Correspondent

From our special lLOlTosDOnuenJ.i
COMMERCIAL HOTEL, DALLAS, TEX
AS. July 2A-This is the very paradise
that erazsd w. B. DOnOho. None will
be amazed who follow in his footsteps.
He exaggerated its attractiveness in
nothing. was smitten by the wonders
of southern Colorado. 1t was only won
der at last. There was everything to
charm the eye, to bewilder ones fancy,
to crafty the sense of the beautiful, 70
gild with glory the widest imaginings
Of him who sought to measure the glory
of God by standards. He lifted up that
mau might be conscious of his own lit
tieness. But to ljve in Colorado is one
thing; to Disit Colorado is the proper
thing. A summers sojourn exhausts its
stupendOus wonders; but a lifetime
here would be exhausted, and every
practical aim in practical life
would still assert the unwesrying at
tractiveness of this delightful country.
In this little city, LOrn but Yesterday,
Of railways half finished, in the midst
of boundless plain, there are said to be
eleven th0usa1d people, the busiest,
most energetic aud most buoYant [ have
yet encountered. The air one bTeathes
is filed with dust made by brick-ma-
SONS, and One's ears are deafened by the
ceaseless clangOT of mechanics ham
mers. Eight fiOuring-mills are never
silent, AMI five planing-mills are ruu-
ming day and night. Two cotton com
presses await the coming Of sixty thou.
sand cotton bales, and George Mellersh
is gathering the hides OF ''1HOe mile DO
Ues cyrdnteS' on plains more boundless
and Tich than Virgil ever dreamed of.
w. B. Greeniaw's fjr home, half q
mile from my hotel the Commercial, is
lighted with gas, and L was conveyed
to his domieil on stTeet-car for five
cents, while you must be jolted down
Main street in Memphis Tor ten cents.
There are TWO Presc0tts heTe-Or, IN any
event, two soap factories, and not a
box is shipped abroad, while Prescott
finds his market in Cincinnati. Two
broom factories employ twenty people,
while five hundred could not sweep
away clouds of dust that enyelOp the
houses and fill the nostrils and blind the
eyes of the active, busy population.
.s llUllt MONEY. IA G
There are no idlers about the streets.
Dallas is not the place foridlers. One must
have employment, or money, orstarve.
The people tell me that too many come
EitheT, who expect to live without toit.
Immigrants are welcomed, but with
horny hands to exuberant fields. No
clerks, on insurance, or lightning-rod, or
sewing-machine, or patent-medicine
agents are wanted. Texas has been
OverTun by these people, and only farm-
ers, with money enough TO rent or buy
homes, or manufactures, are welcomed,
aud none others need come. 1t is as
,.,-,, -, at arNra IN fha old Ctataa aE in the
new, and here idle adventures are abb
soluely Odious.
CAPITAL-EXTRAoR ~
There are four banks in Dallas lending
money at two and a half to three per
cent. month. Farms and houses and
lots constitute the sole basis Of credit.
In Memphis, such property, for such a
purpose, is valueless. Here bills and
notes, save as secured by real property,
are never put upon the market. OF five
hundred houses in course of consuue-
ton, more than half are said to be mort
gagged to the bsnks, and each lot-owner
in business uses a borrowed-moneyed
capital equal in amount to the value of
his storehouse. Learning these facts,
canned over the psgelJ of the two daily
papers, the Herald and the COHmercid2,
and there was not ia either a single ad-
vertisement OF sale under trust-deed.
Here injunctiOns are unknown, and
sales, in cases of defalcation, are certain
and absolute. Courts do not intervene
to prevent the honest execution Of hon
est contracts, and these trust-deeds re.
cite the absolute facts ON their faces. II
notes, secured by trust-deeds, be not
paid, not only is the three per cent. pei