Savannah morning news. [volume] (Savannah) 1868-1887, 1881-07-30
The New South,
Mem York Banker and Broker.

The extension of railroad facilities in
the South and Southeast is going on at
a rapid rate vet, with the full promise of
success and profit The field of railroad
enterprise has for the time being been
transferred from the Northwest to the
Southeast, and the latter justifes the eX-
tensive operations now proceeding even
more than ever did the former How
vast are the enterprises now developing
in the Southern States it is impossible to
clearly show, except in series
of articles to come. The Louisville
Post, with its wonted zeal for
home enterprises, has in two column
article given a most interesting account
of the different systems which are now
being completed in that section. These
systems embrace the Cincinnati South
ern, with a direct line from Cincinnati
to Chattanooga, and connections
throughout the Southeast. The Alabama
and Great Southern, which traverses
Alabama and Mississippi, and connects
with the Trans Mississippi roads. The
Chicago, ST. Louis and New Orleans,
which connects st. Louis and Chicago
with New Orleans The Mobile and Ohio,
which traverses Western Tennessee and
Eastern Mississippi. and terminating at
Mobile. There is the Cole system which
includes the East Tennessee, Virginia
and Georgia, the Memphis and Charles
ton, and Selma and Dalton, the Selma
and Meridian, the Macon and Brunswick
and the Genrgia Central The Richmond
and Danville combination controls
lines extending from Richmond to At
Ianta, Charlotte. Columbia and Au
gusta. The Chesapeake and Ohio
will soon reach from the sea coast to the
Mississippi river, intersecting every line
running southwark east of the Missls
sippi. The Louisville and Nashvilles
wide reaching system connects between
Louisville and New Orleans, Mobile,
Pensacola. Atlanta and ST. Louis with
perfected Northeastern connections In
addition there are numerous small lines
either completed or in course of con-
struction which are of great import
ance.
No one familiar with the vast re-
sources of the Southeast will question
the advantage of pushing railroad de-
velopment in that section. The country
possesses wealth, has immense prOduc
tive resources, is thickly populated, and
has a number of important CONNER
cial centres which heretofore have been
almost isolated. The railroads that are
now being completed are opening
up a vast territory which possesses
innumerable advantages over any similar
extent of country which has lately been
the field of railroad enterprise. The
railroads are simply pushing on to
points where enormous business awaits
them, ready and at hand. There is no
speculation regarding the possibility of
the roads getting business, it is simply
a question whether the roads now pro
iected will answer the demands of the
country even for short time. For
a long time it has been apparent
that the South was suffering for cheap
and rapid transportation, and that its
ability to produce wealth was restricted
by lack of communication with the out
side world. Despite its disadvantages,
it has made gigantic strides towards
prosperity, and now that it is being sup
piled with the necessary railroad facili-
ties its future becomes most promising.
The railroads that are building up this
section will share handsomely in the
profits that must result, and these profits
are not only certain, but they will be i'm
mediate.