Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1877-09-10
MEMPHIs Ann HER TRADE OUTLOOK.

MEMPHIS AND HER TRADE OUTLOOK.
Under this caption the jackson Trib-
une and Sun of last week contains a very
inteIyently written article, from which
We make the following extracts, showing
how Memphis is regarded at the next
largest city in West Tennessee:
The Memphis papers come to us of
date September lst with a glowing state
ment OF the past commercial year busi-
ness of that city, and they show by tabn-
lar facts and figures that Memphis, even
in the face Of the hardest times ever ex-
perieneed in this section, has taken no
step backward on the line of prosperity,
but has really reached q more solid basis,
and has touched bottom " in the truest
sense Of that word.
1t is now too late for any city to
scheme and plot for the overthrow of
Memphis. Her future is assured, and
the more so since she has passed I'M
scatbed through the blighting frosts and
commercial simoons OF the last few
ear Her caravans OF traffic have
crossed over the Saharas Of the past,
and in the distance behold the green
hills Of the better time that Is coming.
There has been an impression abroad
that Memphis instead Of building up
was tottering TO decay, and that houses
TO let" we're being placarded upon every
corEer. This is not true. Last year
over 600 new houses we're erected in
Memphis at an average costo over $1,000
each, and the demand for tenements ex
ceeds in an appreciable degree the sup
pIy. The houses alluded to are the
fruits Of cooperative associations, o!
which there are six in active existence
a, this time. They aid poor men to get
homes on reasonable terms, and have
been demonstrated as potential factors
in the upbnilding Of cities in England
and Germany.
Manufactures, foo, have greatly multi
10 Memphis, and through them
idle hands have found work 10 do, and
money has been retained in the COM
munity which lowed away perpetually
The grocery and cotton merchants OF
Memphis seem to have met the pressure
OF the times with unusual frmness, aud
there has been no p%erceptble break in
their solid lines. There can be no rea
why Memphis should not iC0rk for rs
we'll as receige q large portion Of our
trade, which the energetic action Of
has eonppired TO turn in a differ
emit channel Memphis has the capital,
and her merchants should have .he vim
to make nearly The whole Of West Ten
nessee pay tribute to her growth and
her advancement, and she should not
supinely lie upon her back, waiting for
the fruit to fall 10 her lap, when her eager
will surely pluck it as It ripeas.
Let her seize upon the medium Of the
press and advertise literally her advan
let her send out her drummers
and let them talk up her business, her re
sources, etc. and We will wager our bot.
dollar" that she will herself be as
tonished at the liberal responses that she
will receive 10 her entresties to " come
and buy" In o word, the business re.
tor Memphis speaks volumes in its
and has rebuilt a confidence in
our country INGREDIENTS aud dealers that
cannot but relct favorably to her, and
With no pntoward yisitaiiOns Of the
plague her career in the future must be
onward and upward until she realizes the
of her founders and becomes the
central queen city Of the great Mississip-
pi valley.