The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-06-24
THE BUSINESS WORLD
COMMERCIAL.

DALLAS, June T.-There was general
meeting OF citizens at the Merchants Ex-
change to-day on the principal question
agttating the public mind at the present
time. to.wit: the erection OF the cotton lac.
tory an idea 30 lately contemplated, but
now 40 advanced In lis formulation. The
spirit OF the people 10 aroused and the prac-
teal advantage 20 plainly set forth by the
press and IN the speeches OF Its advocates
that but one expression is TO be heard on
al sides. II ID decreed that the enterprise
must be Immediately set on foot with pre-
yious preparation sufficient TO carry 1t to
ultimate and early success. The benefits
70 be derived are not like those OF ordinary
corporations and confined TO rev but
effect every man, woman ana child OF
Dallas whether engaged In the active pur-
suit OF wealth, owning real estate or simply
working by Job or on wages. 1t Will bring
families here who spend their money with
the farmer and the grocer. II will create
demand for all sorts Of mechanical labor
from the manufacture and mending of
machinery to the repair of IA
pair OF shoes. II will fill the
hotels with those who come to purchrpe
In fabrics and cause the wholesaler and re-
taller TO increase their stock for stimu'
lAtcd demand for all they sell. Property
will increase In value and taxation he pro-
portionately less, whilst the demand for
tenement housea Will necessltate u great
demand Tor the builders services and
heavy draft on the haberdasher for his fur.
Dshing goods. One OF the great and popu.
lar features OF this move will be It's general
ity--thst Is, It's distributed interest among
all Classes. In the south land IN Georgia
notably before the war manufactures have
boon 30 successful, have paid such heavy
per cent on the amount invested, that the
leading Journals OF the north, and some Of
the leading periodicals, have discussed
With gravest interest the tendency and ulli.
mate result OF these newly.started manu-
factories. Tho tocsin OF alarm has been
sounded, which has only had the effect OF
ar0using the curiosity Of speculative CAPT
tAlista as to the great advantages OF manu-
featuring on producing ground and shipping
from neighboring ports. Northern capital
has not only put on It's thinking cap, but
its business garb and walking boots. We
hear OF factories going up all through the
south under the influence OF such patron
ago, and can almost see the smoke OF their
stacks from our frontier line upon tho
Trinity. Atlanta, Augusta. Columbus and
many other cities are not only striving for
tho prize, but have made great starts al
ready, and boast Of their wonderful pros
perity. Certain wise conditions have to be
computed with, OF course, ana " w0ulu DC
utter madness TO 20 into scheme Of this
magnitude and Significance with poor
machinery or unskilled labor. This IL well
Understood, and they propose TO have the
very best Of both, with sufficient quick OF
I've capital to insure against any delay OF
accidental obstruction. All that We require
In united effort. We think II Is secured
aud with the same nnlmus in the breast oil
the people at large that put upon their feet
tho merchants exchange, opera house,
bGngerfest and other successful efforts Of
ths season, Ut whose realization the moss.
backed sneered and jibed, we will in less
time than the most sanguine imagine have
oil northern and central Texas coming to
Dallas, not as tho Hebrews went UP to Je-
ruaslem to be.taxed, but rather for the pur
pose Of buying Texas goods from Texas fac
tories and saving revenue to foreign lords
Of the spindle. Let every man then put hi.
shoulder TO the wheels and secure the aid
oil that sagacious Hercules that helps thoul
who help themselves. Let the test OF 10y
atty ~ Dallas DO the solid amount OF me
tallio interest the citizen takes In the coitor
fActory, and IL the whirr OF tho spindle and
the thrOb Of the engine is not heard beior,
tho Till and wane Of two seasons moons the
HERALD will agree to prophcsy no more
and cease It's exhortations.