The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-07-30
TO TURN ON The LIGHT.

| TO TURN ON THE LIGHT.
| AS illustrative of the insufficiency or
the negotiable distribution of capital
in this city, let commendable enter
prise, say cotton factory, DO under
taken OF Inauguration here, and pro-
moters are at once informed that the
money cannot be spared for the pur-
pose. 1t is conceded that such fac
tory would be most emine ntly de-
sirable in our midst; it is also con-
coded that it would pay fine interest
on the money required to be invested -
for the figures realized by other South
ern cities would belle the contrary;
1t is conceded that 1t would furnish en-
ployment to large number of men,
women and children here in search of
honest work, and yet cold water
would be thrown upon tho PROPOSE
ton despite the promised minimum II
per cent. per annum returns. Why 2
Because the banks with the demand
upon them are loaning out their funds
in certain other directions that will pay
somebody better. Nearly all Of our
bankers are interested, or are trying,
enc would suppose, to become inter-
ested in the livestock business, that
in the past has paid such unparal-
lelled profits, but which alter all Is Of
most precar!ous pursuit, as came near |
being demonstrated to dire disaster |
to depositors and all others last year.
1t would be interesting to the general
merchant, farmer, real estate owner
or other citizen, as we'll as TO deposit
tors whether at homo or abroad, TO |
know what is tho proportion of bank
loans made to the farmer, the NOR
chant, etc, and to the live stock owner
or dealer. Dallas has fine prospects
ahead OF her, but her people must
avoid the rock on which so many other
cities have split; that is to say, ehe
must see TO it that she be not "cribbed,
cabined and confined" by any clique,
OF ring, or close corporation censoli-
dation business. Merchants and
others should have q fair
and equitable showing in tho
general line. IL they have not, the
cities and capitalists of the Union are
too numerous and too strong not to be
able, az they will DO but too willing to
equalize matters il thoy shah be ap-
posled to and shown how ii can be
done. Dallas has all the opportunities
tor growth aud she ehould not be
throttled, impeded, but rather promo.
ted by every patriotic citizen and
general well.wiShor. From O limited
area that centerod about tho court
house dozen years ago, and about
tho sluggish Trinity, she has branched
out and is spreading toward the
healthier hill and prairies on tho east,
The wiae men are following the star
that shines in thai direction, to
ind redemption from tho diaesse-
breeding oxhalatlons of what many
have ascribed ~ the cause OF our ma
.arial troubles. She has outgrown tho
proyerbial court houso square village g.,
and better and moro mod
orn style Of buildings Gro being and ,
lro yet to be constructed on tho now
cheaper and more elevated lots that E,
Io between The present business limit
past aud that great central point yet !
further cast whore throo railroads
and two Of these grand trunk lines
havo their Union dopots. These lots a.,
must per force constantly enhance in -,
value Gas property dgures below havo
doubtless reached thoir maximum) ,
and tho consequent natural drift sota
thithorward, mere conyeuiont, too, for
almost all the prosont and future
residents Of this city. These
ought not to be left 70 enforced
unprofitabl6noss, and we venture Che
assertion they would no. be, II cheap
money could DO had to put paying
buildings on them. Aud this, whether
Fo have regard TO store and ware
rooms. or TO the humber tenoments
Tor tho middle class or laboring men,
The moro this subject is discussed, J
and examined, aud ventilated, the '
lmpIer seems tho field for vast )
amount ofgood to be evolved for the {
people OF Dallas. Then, lot capital in- {
luiro from independent, impartial l
and Trustworthy sources and have
faithful response as to the fec.s, and !
30 having, II WIN come,