Morning journal and courier., 1884-03-10
tSouruaI snS Courier.
SINGLE COPIES TWO GENTS.
Monday, March 10, 1884.
THE NEW SOUTH,

|
 | Young man, go West, used to be con-
 sidered good advice, and it has not yet lost
 it's popularity, though the chances of success
 in the West are perhaps not as numerous as they once were. If the South were better place to live in probably many of those who now go West would go there, for it is becom- | ing plain that under proper conditions l energy and enterprise would have a great 1 field in the South. But even the bad poll tics prevalent there cannot prevent steady growth or entirely keep out northern capital. Some very interesting and impressive facts concerning the growth of manufacturing in the South have been collected by the Balti- more Manufacturers Record. The capital
 of all new manufacturing and mining enter
 prises inaugurated at the South since January
 1, 1884, and the amount expended in the en-
 largement of mills and factories already es-
 tablished reaches the enormous aggregate of
 $28, ,3oO,0 ,0Oo. In the amount of capital stock
 of enterprises organized this year Kentucky
 takes the lead of all the southern States,
 with $6,851, ,O0O; while following not far
 behind comes Alabama, with 5,21o,O ,OOO.
 Alabama is making progress in a long list of
 new enterprises, embracing almost every
 industry-coal and iron being prominent.
 But a new and large cotton mill, machine
 shops, rolling mill blaming mill, etc, are
 going up. Virginia ranks third in the list,
 with $3, ,830, 1000, represented by cot
 ton mills, saw mills, rolling mills,
 nail works, mines, furnaces and
 numerous other industries; while Texas comes fourth, with $3 593 900; Georgia is fifth on the list, with $2,O74, GOO; and Mary
 land sixth, with $2, ,O15 ,oOO. In North Car
 olina cotton, woolen flour and sawmills, to-
 bacco factories, mining companies and ma chine shops are among the new enterprises started, the aggregate capital being $1, ,227,- 900. Tennessee shows up with $846, ,OOO. West Virginia counts up for the first two months of the year $916. .0OO, South Caro-
 lima $9O4, ,OO0, while the other States figure up something less than $500, GOO each.
 Cotton mills figure prominently in the new enterprises in the South, and New England will probably soon seriously feel the effects of them. Among the enterprises of this kind now under way is a newly organized company to build $175, ,O0O mill in Colum- bia, Tennessee; 8 $2OO, 900 mill in Durham, North Carolina; $50,o0O mill for Trenton, Tennessee; a $20O,OOO mill in Dalton, Georgia; one to cost $84,OOO in Griffin Georgia; $500, 900 mill in Roanoke, Vir- ginia, and an additional mill to cost about ! $1eO, GOO by the Rome, Georgia, Cotton Factory company; while the Eagle and Phoenix Manu- | featuring company, of Columbus, Ga, now running about 10000 spindles, propose to | put up new $1, 1000, ,OGO mill. And mills are alss to be built in other places.
 This is rather astonishing record, but it | is very cheering one. It shows that the | South is rapidly picking up" and getting in l 8 condition to prosper. And the new South | will become, before long, much richer and | better placa than was the old South.