The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-12-30

5.;.,5 So.. rs nnd q Eour!eenlh s.seeI
,.,mlrrntIou to West Virginia
10" ,nirht be stimulated

UuinlIkEAAAV"
10" misht be Stimulated
,,.,o,,bi, time there seems to be q yer9
,.'iI.5 'aS l. and rather remarkable disposition
a' a the part Of English capitalists to Gv! 3vl'
Si'D,,arts on .nr Of land in this country VIZ
n nn,ice in our exchanges that large pur
is'.o, lou.s have been made both in the West
s.l '. Sop,b during the past few months
r,. laa Instance, we noticed recently the puF'
'S'.o t~ If Two million acres in Florida by q
s'- s.-,nonv headed by Sir Edward Reed, ol
% y.n5on and since then the purchase oi
%ooOO acres in Mississippi 1t is the
,,,.n,ion .s, Of the companies purchasing
'LS.at,ac,, 10 offer unusual inducements
MN, .,b. hest class Of English farmers and
s,'b,nic. "" to settle upon them. An En-
a.h company that two years ago pur-
sh,.od 10000 acres in western Iowa, and
,b,t had broken up the land and raised q
r,oD OH it, has been so well satisfied with
,hs result that they have increased their
hoIli6s to 10000 acres. The company
Intends to divide it up into small farms
,pdselitat good advance on the whole
ule price paid, and give the purchasers
rl.pty Of time to meet their payments, In
hbway they expect to make handsome
,,,arp out Of their investment They will
,nb.by make 50 per cent, on the ad-
y,uced price Of the land by retailing 1t,
,nd oct 8 per cent. interest on the deferred
rrnents. This is more money than their
c,oial can be made to produce at home.
mrt Of the plan ofthese capitalists APP
ueas to bt'to leyotea considerable portion
olmoney ytot the work oisclecting and assist
ipethe class Of people whom they desire to
srle on their lands to reach their new
homes, They propose to get good class OF
immigrants people who will assort well
cgetler-and to all such they will offer
very liberal inducements,
These English capitalists arc convinced
thai tho destiny Of the United States Is to
relieve Europe Of her surplus population,
and that our growth Is to be very rapid in
the future owing to the facilities
Is we'll as tho stimulus afforded by
our rapidly extending railroads, There.
ior they expect to see very decided en-.
hanccment in the value Of our cheap lands
during this decade, They believe that
purchasers at present prices will realize
handsome advances. In this view we think
thilthcir sagacity will bO abundantly vim.
dcted by results.
The question occurs TO us In view OF this
disposition on the part OF English capital.
iss, and in view Of tho advice which Mr..
Walter, Of the London Times has given to
Englishmcn since his return home,
whether West Virginia has not m oppor.
tuHty to make known her advan-
hgs in England through a proper
Etes Of publications under aus.
pics in that country that will
command influential attention. We think
hehW. We think that now, more than
stny time in the past, there is a dlsposi.
ton lin that country to buy cheap lands in
hs United States. And certainly West
Virginia has an abundance Of cheap lands
lands that are cheap to-day only because
Otthe generally undeyeloped condition ot
asStatc, and that will certainly enhance
ianIue at an carly day II half OF the pub
Improvement projects thathave been ag-
Tilted are put into practical operation.
Weknow that some important improve
Hnt projects arc now under way, and that
others are taking shape, und that unless
afnancial setback overtakes the country
generally in the next year, there will be
decided change for the better in this State
1.-THE actual facts OF our situation, present
and prospective, including proper show.
ingOi Ourr resources, both as an agricultural
and manufacturing State, could be pnt in.
auentially before the financial public Of
England, we are persuaded that the capital
ISIS who now have their attention turned
Hhyonbly to the United States would be
attracted to West Virginia as an unusually
promising field.
Its a well understood fact that q very
decided stimulus has been given TO real
etiteinthe Kanawha Valley duringtheyear
SOvcIOsing. This has followed in the wake
oI nilroad enterprises. A similar boom
will follow in other parts Of the State II the
Projects at present on paper are carried
out But we want booms that will be fol.
loved by the settlement Of q desirable
pOpulalion-not mere speculative booms.
These investing EngliShmen, as VIC Under
stand 1t, intend 10 make their money In
aleEitimatc way out Of their purchases in
this country. They expect to create valucs
BY developing the land through tho labor
Of hard working settlers. They expect 10
settle families Of industrious and virtuous
habits on their tracts, and thus make the
communities desirable 10 any State. There.
Tote these arc the purchasers Of land that
West Virginia needs, aud the sort that she
should, through her State authorities, en-.
deayOr to interest In her soil.
AnREAcn Of promise case in Illinois will
present anovcl question for legal decision