Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1885-11-07
SOLID CITIZENS
Who Believe that Memphis Will Soon
Be Great City-Some Of the
Reasons
They Giye-Rapid Accumulations Of Cap
ital-Chauges Made in the Past
Two Years.
Proof Positive of an Increase In Wealth
and In POpulation-Vaeant
Houses Filled.
SOLID CITIZENS

NJ chances are ten to one that When
ever party of gentle..,en ger eoeetner on
Change, on street corner, in u -.
office, or over the table, the conversa.
ton will turn upon the growth Of the city
before 1t Is over, and the chances are 100
to one that every member OF the party, no
matter how large it is, will agree that
Memphis tow has a brighter future before
her than she has ever had before. a sam-
pie gathering of this kind, in the office of
an insurance company day or two since,
may be cited as an example. One of the
gentlemen, in bantering way, questioned
the earnest belief in the boom, and before
the words wore oft of his mouth, every
other man in the party had reply ready
for him, and some OF them were rather
vigorous.
COL. H. A. MONTGOMERY
with considerable warmth, delivered a
regular eulogy upon the city, and for a
few n minutes nut, was exceedingly s eloquent:
question about the growth Of the city = and nd
its prospects. Admitting that we have no
foreign capital-which we haVe-Memphis
is acciimulatipg wealth enough of her own
to help herself. Her business is not SIM
ply that of barter among her own citisens
and within her own limits, but she is
steadily gathering into the cash-boxes of
her merchants large share of the wealth
of the surrounding country. Her trade
is extending daily, and the earnings of
Front and Main street alone last year-the
added capital, mean-was more than
81, 100000. The latter is constantly in
creasipk; the earnings become reserve
fund, end one upon which heavy drafts
can be made. Meh phis can be independ-
M 70 of 60 ,Aol
During the past year her progI ess has
been phenomenal, over 250 coed buildings
b wing been erected at cost of more
than 100000. There are no houses to
tent, and rents and the price Of real es-
tate are steady and easily fixed"
AR. 8. H. DUNscoMB,
who has seen Memphis in all of her ups
and downs, and who never expresses him
self upon any subject except after the most
careful thought, expressed himself in
fewer words, though with equally as
much emphasis. as Col. Montgomery.
81 have heard SO zach in the past
about the future g.ea Aess of Memphis, "
he said, "and have so often been disap-
pointed, that of late years I have been in
clined to be little credulous. But now l
can say'that have never before had so
much confidence in the growth of the city.
Its prospects look brighter to me than
they have ever appeared before, and
hope for great things"
MR.. R. G. CRAIG,
who has the reputation-and one most
highly valued in business inan-of being
a man Of his word, and who has seen as
much o. the ups and downs of the city as
any other Memphian, said it was genuine
pleasure to him at all times to express his
belief that Memphis was destined to be q
great city, and that, too, be fore very long
There was strength and solidity in all oi
her institutions qualities which only
come as the result Of the most absolute
confidence. He spoke, too, of the in
creased sctivity of the farmers, their i'm
proved methods of agriculture, and the
pride they were taking in their work
That the city had grown wonderfully
houses to let, although hundreds had re-
Gently been built, and the signs of new
business firms could be seen on every
hand.
Mr. ROBERT GALLOWAY
of the transfer company, and one OF The
livest, energetic and most thorough busl
ness men in the city, indorsing what haG
already been said, spoke of the hundreds
OF new faces he saw every day as an evi
dence of the increase in population. "a
few Years ago." Mr.. Galloway declared
81 knew nearly every man / met on tn,
streets. If did not have personal &C
quaintance with him his face was familia
to me, and the chances were I could tel
you something about him. But it is no
30 now. The other night 1 happened t,
occupy seat in the theater, and between
the acts / amused myself by picking ou
| the people l knew. l never realized e.
forcibly how the population had changed
until then. Every third man was tota
stranger to me-"
CHIEF CLEARY.
Chief Cleary of the Fire Department, il
| the course of a conversation yesterday
said that those who had known the cit,
for four or five years, and who doubted
| that it had increased in population, ough
to 60 with him on one of his rounds. II,
makes it his business to inspect the larg
| buildings on Front, Main and side streets
1.-TWO years ago." he said, whole build
| ings, four or five stories high, were vacant
| and now every room is full. This is, o
course, independent of the new residence
| which have been built and filled, and be
sides hundreds Of houses have been en-
larged, and there is very little unoccupie,
space anywhere" AS ntne of these thing
were said for publication their weight is
| of course, much greater than it would b
| otherwise.