The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-08-04
CAPITAL COMING SOUTHWARK.

W. Nhout5 ubNo hdhcPItA w
past couple of years TO immediately direct
the attention of northern capitalists and
merchants to southern investments, viz: The
railroad b)om 10 Texas and the success oil
tue E.ds' jetties at the mouth of the Mia
sissippi river. BY the latter the largest drtfl
vessels known to commerce have been
enabled to spread their fsecy wings on
the bosom of the "father of water,
long before they reach the
mouth, and proudly sail through
without hindrauce to foreign. ports with
tie heaviest of cArgoes: and, returning. bring
back to the Crescent City, equally valuable
freights. By the former the name of Texas
has been made known throughout not only
these United States, but the world at large
The consequ nee hhs been that the ken
scent Of ambitious capital has been enticed
to these rich and healthy sections of the
country. The eye of the immigrant has
bsen diverted to the sunny southland
where labor ilods untrammelltd
opening for its treest efforts. In view of all
this Wall street capitol has recognized the
places whore largest and safest returns
c,uld be had. Here these capitalists fiLd
Indeed is a land of plenty and profusior;
here soil that when ''tickled with h,e
laughs with harvest" here 9 uniform ellis
mate within whose genial Influences the ma
ture of man may fevel through the year
unattached by those diseases pro-
dnced by extremes of temperature. And
now to-day We fad it. Is easier, far
easier, TO raise million of dollars fol, what 10
kno wn as southern investment, than 1t was
three years ago to obtain few thousand.
Indeed the success that has attended legiti.
mate ventures in the south, has made this
same northern capital eager to possess our
securities. State bonds, county and munici-
pal bonds, railroad bonds and other, based
upon our present and prospective prosperity
and upon the belief in our pers
feet political good faith, are oil
commanding such figures that the
interest We have TO pay is not in excess of
that paid by borrowers at the homes of CAPT,
tai. As aresult the people of the south TO.
day, with all their natural advantages are
made moro comfortable, are happier, are
more enabled to indulge in the benefits Of
travel and all those things which advantage,
educate and refine. This active capital to
set In motion our latent values, has been what
we have MI along needed. Iii coming now
AMI coming in millions, yea, hundreds of
millions, and the busy hum of industries ir
inanite variety will drown out the groans ard
croakin~s Of the unfortunates of the war
products. Ga tho cheek of labor CLEANS the
smile OF satisfaction where erst trickled the
tear that want brought to old and young.
Let then this magic sesame be hailed and
welcomed into our midst lot il
be protected in its presence here
by all the force which law and
order can command and healthy political
and moral sentiment enforce. Let us strip
away everything that is calculated to color
iu investment with the faintest shade of |
distru't. The pursuance of this course will |
swell the population of Texas, now the best
advertised state in the world, as we'll as that
of the entire south, to many millions ere the
next census be taken; it will drive the iron
horses over al her praires and through her
woodlands; 1t will erect proud
manufactures Of every description; it will
open wide the doors that lead TO her i'm
mense mineral treasures, it will make her
every agricultural section TO blossom in the
beauty Of all that gladdcna tho farmers eye;
It will enliven her every port with the white
wnged messengers Of trade, and q, cul-
minating effect will make her power and a
feared and respected leader in the national
councils, and the recipient of such
'aVors rs these Can secure. Lot
avery citizen then constitute
himself vigilance committee of one to see
lhpt capital, come whence it may. she'll be
made comfortable and trusting guest
throughout our whole area The real z,tion
Of this is the solution of the problem of our
The game is worth it's my risds
Of candles, SO lot them DO lighted to be
recogniz ID Of all the world.