The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1882-03-15

| TO invest in Texas After studying this
! all over. We are still found inquiring. why
/ is this so and no anSW eT seems to come. 1t
| is fact none will dispute that there is
! now and hiss been an ab>C ute demand in
| Texas for money more than any other On2
| thing. for that brings all otter things. and
| to-dsy millions of il could be adYantaeer-
ously placed and would p.y al least double
! per cent. There il not bank in the
state that would think OF loaning iarge
or small sum. on long or short time, at I
per cent, and we doubE if ii lul be had
at 10 or 12per cent. Rgh' here in Waco.
without any cXaggcratiea, million dol
lars could be brought in ard male TO pay
at least t'oube " hist they say they get in
the north and east and III, e! the best k'nd
Of security, re DO not mean 70 be un-
derstood rs wing that ;ht people OF
Waco want 20 borrow 2 mil on dnla"s.
but We do say lat II i 5mOunt could be
put into various n!erPlises here ana made
10 pay largely. Those "rttr'r.srs now -
tlblished mere prove this. W g want wool
en- ami cotton mills. wuodenware factories
shops for TIE turning OCt ~ machinery
d 2ricultur implements OF all kinds, and
any and Other .actoii"s shat thrive in
the north. Il IS not because these insti-
tulions do No. thrive here that they are
not more ruaa "Uus and extensive, but tor
the IT ason 1t the capital is not here TO
build and operate them. There is not Il
mandatory, nil o. sny well regulated
business in Waco or McLennan county to-
day that pays as small return on the
money invested as per cent. The man
that did not make mo e.. than that out of
his business would gut Il and 20 at some
thing else tor he Won q not consider that
he Yves making 4 IA return on his money
and the risk taken. o. doing hi3seif or his
family Justice. This being the case, and
the st curly for anu Inducements offered
10 capital here We cannot buj think it
strange that none of II is not finding It's
way into the ste ard maniteSling Itself
in mills, tac 0ries. etc. We are not by any
means going TO starve 20 death without il
and have passed the point Where it is
Necessary TO beg Il, tor or own capital is
doing the work \ a small w t. surely
grow mp TO extensive prOpOI tons, but
with eastern and northern capital invested
here we would advance more i'll two years
than we do now in five. Ii some OF those
capitalists who h. lker tor I per cent.
would like 10 know where they can find
10, y and 10 per Crnr. We would under
take to show them in satisfactory figures
where il can be done. We take
it thar tile man who wants to
make money honestly Of COuSe toes
not care particularly in what business, so
it is sure, and II any are anxious - learn OF
numerous instances when enterprises
with hardly any capital worth speaking
OF, is behind them, and that too, borrow
ed i'll many cases, we Should Ike to cite
few. We are not prepared to dely that
capital is begging lie small amount OF
per cent in fact from what We have be, n
told, We must believe it is. tut we would
like To know where i is. what sort of ill.,
vestm"nt it wants and then if we cannot
show chance, Tor it here. that will pay
much better we vii! say nothing mole,
and if not acceptable, we will further
say that such capital will be likely to
remain Begging.