Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-04-17

ne7F, but for immediate and impressive
effect nothing has been az efsctual az the
QUERY raised by 'hs I stern mills that
unless the railways would help them by
favoring them in freight charges their trade
N heavy co:tons in the West would be taken
from them by the goods spun and woven
in the Southern mills. Thousands whe
paid little attention 10 the talk about South
ern factories, imagining them to be little ef.
forta not likely TO be OF permanent copse-
quenee, were reused as by a thunder blsst
when they learned that the Eastern mills
we're losing portion Of their trade, being
unable to struggle successfully against the
young giant, who is gathering his might and
adding energy TO bis muscle, among the
cotton districts of the South. The effects are
already beginning to show themselves.
Northern capitalists are inquiring for infor-
nation and Northern newspapers are buoy
ing themselves 10 supply it. Take the fol-
lowing from the New York Public, Of Thurs
day last, leading financial journal, careful
in making statements and chary in express
ing opinions:
A large amount Of capital is being invested in
enterprises in the Sou herR States with the result
OF not only bringing profit to the investors, but
OF adding very materially 70 the Wezith and pros
peiIy OF that section of the country The South to-
day, with its cotton mills and iron mines and
mills stands as a promising r1val to the East and
North, and Northern capital is bringing about this
result. There has been change in senti:
ment on both sides of tue not yet obliterated
line that separated the North and South, and 4
an eIcandidste for the Presidency OF tae Uniled
States, VINO looked to the South for his election,
refused emphaticalIy to invest in Southern rail
road securities, for the expressed reason that he
cid not care to invest one cent in the south, If
he has not since changed his views, there is no
doubt that many capitalists now entertain differ
ent opinion, aud are risking their money without
fear Of The result.
The st. Louis Republican, pointing out this
at present the rush OF immigrants is no
longer toward Kansas but toward Dakota,
says that the movement is 80 active that in
few years all the good wheat land will be
taken up. Then immigrants from the East
| and from Europe will have to look for new
territory, and whittier will they go? The
Republican replies: ITO the South, probably.
The Southern States are not half settled
In them are to be found vast districts Of well
timbered but unoccupied land, which have
been overlooked in the eager movement 10
the West, but which will begin 10 attract
I attention when Western lands advance in
| price 10 point at which immigrants will
not buy them. There are lands in Arkansas
Texas, Louisiana, Mississippi and Alabama
i4hztcan be bought atS3 to S. per acre." Wher
the governments good lands are sold our st
\ Louis cotemporary thinke 1--WE shall proba
bly, gee a steady movement from the OLD
States into the South. The recent settlement
OF large numbers of Northern people il
upper and central Texas shows that there il
no insurmountabIe objection to Southern
climate on the part of Northern people,
These EXTRACTS show that there is some
thisS ike ga change come Ger The spirit o
the dream" and if the Southern people d.
not weary in well doing, but cooperate il
putting up shops, mills and factories, thu
long looked-for prosperity will be ours a
last, and we can sing the CHEEKY old song oi
the Hutchinson family: There's goot
time coming, boys, good time comingp