The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1888-11-24

THE sOUTH's FUTURE.

The Manufacturers Record has repeats
edly of late predicted that this winter
would witness the greatest industrial
activity ever known in the South, and
that we were entering upon an era of un-
precedented prosperity. A careful study
Of all conditions led us to this belief, and
to feel sure of seeing it realized, it matter
ed not how the election went, for we are
confident that if the Democratic party
was successful, that there would be
enough protection members of Congress
to prevent any radical cbangein the tariff
laws, and hence while capitalists might
hold off for while, yet that they would
soon feel safe in making large invest
lnents, and if the Republicans regained
power there could not, we believed be
any danger Of interference with local
governmental the sonth such as many
had feared, and the settlement of the
tariff question would at once induce
heavy investments by Northern men in
Southern manufactures. The election is
over and the close business interests of
the North and South, which are rapidly
drawing the two sections into a closer
union than ever before, would prevent
any action on the part of the now DOM
inant party looking to the injury of the
South, even if the personal character OF
the President elect did not afford par.
tial guarantee of this.
Since the election the Manufacturers
Record is in receipt of many letters and
interviews giving the opinions of Leaders
of the South's industrial development
men of both political parties and almost
without exception they take the ground
that the election of Mr.. Harrison will in
nowise retard the progress of this section
and many claim that by giving increas-
ed confidence in the stability of q pro-
tective tariff, it will draw many millions
of Northern money 10 the South for
investment in manufactures. A leading
citizen OF Kentucky writes to us as fol.
lows:
cannot forbear saying to you that since
the election has insured the protective policy
agents Tor the sale OF mineral lands report
renewals OF inquiries from the East that were
held up until the doubt was settled. The
protective policy will be ofincalculable bene
tit to the South.
Col Jno. NJ. McKleroy, the president
of the Admission City Land Co., who's
devotion to the Sonth in the past as wei
as in the present, is well kno wn, said il
an interview
Il believe, in fact know, that large sums OF
Eastern capital have been tied up awaiting
the settlement of the vexing tariff questi on
capital that was afraid of investment in
anything that could be affected by tariff leg
islation hostile to the manufacturing inter-
estS. This capital will now be invested in the
South, Alabama especially getting large
quantities of it. More, our home capital ha
been uneasy and has not been SO largely i'll
vested in manufacturing as IL will now be
No, don't think Mr.. Harrison is hostile to
the South, or that he will be controlled by tn,
bitter partisans of his party. During recent
trip talked TO q gentleman who had COM
municated with him on this very question,
sectional legislation would be tolerated by
him that many Southerners living in New
York, lifelong Democrats, Confederate sol
diers, voted for Harrison, believing that Mr.. |
Cleveland's policy was against the best in
terests OF the South. 1t wont be years, bIt
only few months before you'll see larger 1
sums of Northern money coming South tol
investment than ever bofore. So If our party
is defeated think our country is safe an
will prosper.
These are but samples OF wnat we arc
receiving from all parts of the South, and
especially from the centers of industria
development. The Manufacture rs Re
cord therefore feels safe in predicting tha
we are just entering upon the most won
derful era of activity ever dreamed o.
aud that the marvellous record of th
last four years will be more than equal
ed by that of the coming four.-Balti-
more Manufacturers, Record. Nov. II.