The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1881-08-26
NORTHERN CAPITAL AND SOUTHERN
RESOURCES.
(GalVcston Ncws.I

mously says:
KIT took the South some timc to sW al
low its pride and acknowledge that
Northern people and Southern rcsour.
ces were necessary for tho full employ
mont OF Northern capital, hut common
sense has triumphed over prejudice,
and fruits of tho tsYanlsceixing'' pro-
cess are evident It'll the Now business
life and prosperity Of that section"
suppose tho paragraph to he para
phraZcd thus: "It took tho North
some time to swallow its hate and
acknowledge that Southern people and
Southern resources were necessary for
tho full employment OF Northern
capital, but common scnso has
triumphcd over jealousy and pref
udicc, and the people OF tho South
arc not only being recognized as intel
ligcnt, cntcrprisinG and loyal partici-
pants in tho blessings of tho sbcst gov
crnnlcnt tho world over saw but thcir
teeming wealth and limitlcss material
resources arc attracting Yankee capital,
Yankee friendship and Yankee enter
priso to share the rich fruits Of the
soil, anu divide tic fabulous products
OF tho mines in tho now business life
and prosperity of this favored section.''
Did 1t never occur to the Republican
that the 'sYanl1ceizing'' process nov
going on in the South is as much due
to Yankee cupidity rs to Yankee
masnaninity" Why not be candid
and acknowledge the truth of tho situa-
ton? Tho North, or rather IL few
interests ut tho North, made u ttIous-
and millions of money out of tho mis-
fortunes of the people and tho results
Of tho war. Tho South lost four thous- =
and millions but her greatest wealth
snt I,Nr u MI
vast domain of undcvctopcd mineral
and agricultural resources. For fifteen
long years she toilcd and struggled to
get away from the "body of dcath,'
cntailcd upon hcr by tho war, and the
moment she shullcd Off tho mortal
coil of poverty and dcsolation, tho sur
plus millions OF tho North began to
look out for profitable Investment.
Tho abundance OF money and the
general prosperity of tho country had
reduced tho rates of interest, and tho
rich cotton and sugar fields, coal beds
and mining districts of the South offer
cd tempting inducements and promised
better returns FOR Investment. Manu-
featuring at tho South WAS discovered
to bc more profitable than at tho North;
agriculture was found to bc on rising
ground successful cotton growing with
! rrco labor had been demonstrated; tho
manumission of 500, 900 slaves, valued
ut $2,7oO, ,OUO, 900 had developed tho
paradox of increasing, the actual wealth
| OF tho losers; a vast empire OF tho finest
agricultural lands in the world inviting
! capital and immigration incalculahlc
resources were yet lying embedded in
the hills and canyons of unoNplorcd
territory; law ana order were restored;
government and society had resumed
their normal functions; education had
spread her bcncIiccnt wings over The
land the church had planted its ciViiIZa
ton ON the plain, the valley and in the
mountain pass the wheels OF industrial
machinery gave their music to the
grand refrain of progress /; crops OF
four, five, six IiiH seven million bales
Of cotton marked the new era, com
ncrcc spread her sails ana the trades
flied the air with their ham Of re-
sounding Industry and thrift. Thc
idle capital OF the Moth SAW All this
and more; it saw 1t broad opening for
cotton manufacturing industries, aud II
still wider field for railroad enterprise
It's keen perceptions took in the sit,IN.
ton and seized the opportunity Of u
double achievement, aiding III build
ing the now South and enhancing it,
own income.
The South received its advances as
the beautiful and mcritoriou5 young
hUirGs5 receives the tender attention OF
the worthy young millionaire, whose
motives she questions, but whose man
~ virtues and bank balances she re
CARDS rs both Il sold and desirable stock
in trade for II permanent copartncrSiip,
relying upon the uuid pro quo sho
brings TO tho joint stock aa Il guarantee
Of good faith, fair dealing and mutual
benefit. Like the young bride, the
South brings Il princcIy dover to the
marriage icrst, and accepts the cni-
braces of the bridegroom with perfect
| confidence that she can keep the mar
riagc vow ana grow rich and great ana
| prosperous and happy.
Tho Cincinnati Commercial nn-
| nOunccS that it will refuse to pub'ich
| any more names OF persons contributing
| to the Cook fund. This i,itd was
organized for the purpose of paying
I The fine Of 4 Capt. Cook, who htd
! been aa5cssCh 800 Tor SlappinG the face
Of Il man who expressed his regret
that Garfield had not been killed by
(;uitprn t1ul,f;cri ptiDut Vytr, lip,jtcl