Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1882-12-21
alR. JOHN H. ISmAN.
His Trip Through the south
What IL Means and What
WiItcome oft.
Atlanta o~On,titutiOn.

"You watch John humans move
ment," said a leading citizen yester-
day. Hes IN some big trade in this
section"
How do you know2"
What else Is be doing rushing
through the South, while the busiest
part Of the season is on his house, end
be is needed at New York. You'll
hear from him soon"
Great interest has been felt in Mr..
lnman's trip. 1t is not TOO much to
say that no man in New York could
bring so much confidence and put SO
much spirit into any enterprise he
Endorsed as could Mr.. Inman. Our
people bank on his judgment unquali-
tiedly, and his prestige is very great.
Ii is not remarkable, however.
He is himself worth anywhere from
two and a hall millions to Eve millions.
He is the leading member of a firm
that represents from Ave to eight
millions. He is director in the Fourth
National Bank, and has the perfect
confidence Of leading capitalists III
New York. He can command literal.
ly any money he may want. In
Atlanta his, connections are fine.
His brothers are at the head o.
the largest cotton and guanC
firms, cotton factories and cotton
congresses, and their Endorsement O.
a scheme will command any amount
Of local subscriptions. In Nashvill,
he is quite as strong as in Georgia
and in every Southern city could com
mand a large clientage OF capitalists
Mr.. lnman is young, active, oleal
headed aud believes in Southern in
vestments. He cleared three quarterI
Of a million for himself and friends il
the purchase and development Of thu
Sewanee coal and iron mines tw,
years ago, and has made several sue
cessful trades OF large scope.
1t is natural, therefore, that hi
movements should be watched wit
interest and that our people should b,
anxious to have him take hold here
His brothers organized a compan,
that bought the Exposition mill
which have just been stocked witt
machinery, ami bought the Atlantt
cotton mills on their own account
He is interested in both of these en-.
terprises. Ete said on the subject u
Southern Investment:
II believe in the South. / am
Southerner, and of course love it. Blu
outside of sentiment, / believe i
offers the best opportunity for maxim.
money. | was approached once by
man who wanted me to look into som
property near Pittsburg, l declined
saying | knew of fifty enterprise
in. the South awaiting capital tina
would pay enormously when devel
oped. They were lying idle becaus
there was no money in the South t
develop them. Ikne@ that there wa
millions OF capital in Pittsburg an
Philadelphia, waiting to take hol
Of any enterprise that offered even 81
per cent. | determined, therefore, t
put my money in the section wher
there was a lack OF money, and wher
the margin Of profit was greater"
Mr.. Inman left on Friday for BIZ
mingham, Columbus, Miss, and Nash
vile, whence be will go back to Ne,
York. He has spent several days wit
Messrs. H. 4. and s. NJ. Inman. look
ing o7er the coal fields of Alabama
along the line of the Georgia Paci6,
where the Atlanta humans have il
vested heavily lately. He declined
say what his business was, except ths
he wished to look over the country. !
gentleman said: Il told him | wa
ready to put $25, 900 in whatever b
was going to take hold of, but b
, simply said ifhe made up his mind /
invest in anything, and his friend
didn't take all that he didn't want fc
himself, he'd let him know" w
need just such a man as John lima
in this section, and there are entel
prises that need him, and We hoI
he'll take hold in earnest. He can il
spire more confidence here, and ca
get more money than any other ma
, in the country, North or South.