The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-07-14
TEXAS - PRESENT AND PROS.
PECTIVE

Tho editor of this paper is in daily
receipt of correspondence from tho
North and East making inquiries
about various points in Texas to suit
the several purposes of the writers.
The Now Orleans Exposition disclosed
TO the world a condition of things in
the South, industrial and social, that
quite astonished the spectators. b.
sides what those witnessed on the
grounds, they became possessed OF q
vast fund of information by per-
sonal contact with visitors from the
State and by means Of pamphlets,
circulars, and other advertising in
strumentalities And now whom thoy
are again ut their homes they have be-
gun to reflect upon tho novel intelli-
gence. With rGgo good fortune tread
ing on tho heols Of inquiry, there are
two bright factors that arc az work for
tho advertisement and advancement of
our Texas resources and general inter.
est. The one is that never before did
sunshine and rain, soil and atmos.
pherc, so into INDEPENDENTLY to
prepare such bountcous banquet. The
other is the plelhoric state of the
money market which occasions invest
ments to bo in eager demand In New
York at Q to3l5 per cent. per annum for
short commercial paper, or with good
single names at "A to 81 per cent, per
annum for six months time. Thus
when investors, whether capitalists,
merchants, or others, look around
they naturally turn toward Texas, OF
whose vast and varied, and wonderful
resources and possibilities they have
heard so much, and the cosmopolitan
cast OF character Of whose people has
led them to prefer immigratiug hither
rather than so to some Of our other
Southern sister States, Hither then,
through all the gorgeous colorlug
that has attracted them, they
viii come, and coming they
viii find with these haryests
that oven the one-halr was never told
Of Texas agriculturally. Proceeding
TO the west they will find foasting and
fattening on the nutritious grasses Of
our undulaliug pralries, tho finest Of
our hardy herds, or elevated plains
rich in pastures and white with flocks.
Returning through our eastern section
thoy will find all manner ofattractions
that delight tho eye of the orchsrdist
or the minoralogist as the soil of that
rich iron region bushes red as II woos
the hand Of the farmer or tho miner.
Texas must take advantage Of all
these things. Our railway companies
are deeply interested in bringing
prospectors from all parts of
the union, while our business
men should leave no agencies unap.
piled to invite the Drawn and brain
not only Of our Northern brethren but
OF all Europe. But wo especially com.
mend that moro attention be directed
to mining and manufacturing. And IL
Is gratifying 10 observe that thus IL
the bent OF the New South, During
tho week preceding this last one a re-
markable progress has been made, "a
set forth by the Manufacturers Re.
cord; Kentucky shows Tor the week a
S,OOO,0o0 mining company incorporate
cd at Louisville, $4,000 saw mill
near Grayson,a $4,000 mining and
manufacturing company at JamIson, a
5O-barrol flour mill completed
ut Bowling Green, and two
-four mills being remodoled
aud now machinery put In and one be.
ing rebuilt, while $4,000 company is
spending $500 900 in building a railroad
to open up new coal mines. In Louis.
lana there is considerable activity.
especially In the building OF sugar
mills and oyorhauling sugar machln.
eryi aS65,0OO ice factory and storage
warehouse company has been organ
lied in Now Orleans, and $1,000 for.
tilizer factory in the Same place; a
largo four'story soap factory has been
contracted for In Shreveport, and a
sash and blind factory In tho same CITY
Is under construction; a steam bag
factory has been built, and a
largo rice mill is being built in Now
Orleans, and at Donaldsonville an ice
factory has been contracted for. Mary