The Hickman courier., 1877-11-30
.~,s4 &ssaD EsA.
60 s..u..... - Il

reA sssss.E
syho s.sUps.s spesate IS.
M poron In las weeN GoHsse9
noticed very at'rae'iye aftssis aas
the verv .t.ractive head of "a Cold Mine
Near Tisnsu was well pleesed with
the sovel yet forcib!e idea With which
you af,raet attention to 50 much needed
line Of iaiastry.
TIE r,.are, rot only Of Hickman in a
bushes view, bas the material pro per-
/ ity Of our farmers and the whole country
around as depends upon the establish
ment og sach industries. I hold that the
far.aers or more correctly speaking the
land w5ers, are as much interested in
such en- terprises as the business man Of
Hickman and viii derive as much direc,
benefit.
Tbs brings me 10 the point wieh to
make. ana that is, Who should be the OPP
orators Of The gold mine you have dis
covered
Tie merchant can take his dry goods
or groceries, or his wares Of any kind,
aud folloa the current Of trade 50 can
the lawyer, ibe doctor, the speeulator, ANA
all consumers Not 50 with the owners
of dwellings, business houses. or farm
lands. TAey have vested interest in
locality that cant be moved. it is the
fixed interest therefore OF all real estate
owners obe surrounded by consumers,
renters and occupants.
am noi oae of those Who expects any
man or SCI Of men 0 do anything simply
for the pubic good or through Pu5Ee spirit
as il is called; but address surer in
telligence has oea good
II i5e ew Ter Of houses 10 town sees
sOf17T q rzem 'vEcaat, others paying half
former rents, and the occupants discon-
tented and clamorous for further reluc-
tions aud absolutely no sale for any, +
submit Il it is not that mans interest to +
pursue such policy as Will fill his houses +
with fun pay, thrifty, active, working
tenants. If he has five houses hadn't lie
better give one of them or its value, in
aid Of some industry hat will afford per-
manent ready paying tenants for the
others, than TO sit quietly by aud let this
gradual depreciation continue? These
are facts, and deserve the most serious
thought. The error commonly prevailing
is, chat business men should operate these
Industries, because they would increase
ifade. The merchant is Interested, but
a0t half so iuuch as the real estate owner.
As said above, he CHE merchantl, can
-ollow the current of trade. If trade
ion come TO his town why he eau move
o the town where the trade does 60. But
here IS mutualify of interest. and 10
,asiness man wiz attempt to shirk o.
Isny The business man. however, gen
rally has all his means employed in his
tock, ald has NJ surplus money to build
sctories; nor Is it to the interest of the
eal estate owner to have him Withdraw
ne cent from his business | say then.
iat it is the real estate owner " ho should
rest in factories:
FIRST, because The business Itself Is
so than shaving notes or
.aning money.
Second, because it viii adj permanent
.iue 10 his houses aud loss, auJ supply
'od thrifty paying renters.
say again lAe farmer IS diseetly ia
rested, because it builds az iooal mar
q Tor his products Trae, the farmer
AZ say Ii the Hickman market don
IL me, I can ~ 70 81. Louis; but wien
e farmer doesd it, it is he eao has u
y sportationi and besides, there
e many things the re@l prodts Of q
rHi--which VIII not pay 10 ship Hence,
is tiat farmers near !a.ee cities ami
WIS, can pay 500 an acre Tor land aAl
~Ns more clear nionsy than tie Interior I
.raer on the same or better iands which Z
'st0nly SO acre.
Hsre then are tie Interests involved Z
heh plainly tells who should operate
le golG a.ines spoken u ia last week !
OsaItH q
ltrcai estate owners, who have some
iPlus capital employed ii bonds o. ia
oss, vii make piain mathematical
aialiatiOn, subs;ractng me loss in rents
naannuai depreciation Of realty, from
ie annual interests on their bonds and
oas, and then calculate Ihe interest On
lssa'ne amounts employed IN factory :
gstiier with foll rents s.aJ adya ncing g
'ise on realty, they Will see where their
as interest is.
Il the surplus capital Of these real es-
ts owners, could be employed ia build ]
gthe hoases suitable aud necessary Tor ,
CORY purposes, practical operators :.
aid alI would be found. with capital
iheient to put the necessary machienery !
d stock therein, aud who woald be !
ling to pay good rent or good per cent y
e On the amount SO employed. l wish 81
people would weigh these facts.
SESEx il