The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1888-07-19

There are number of manufac-
turing plants too tedious to classify,
including new rolling mill and q
foundry and large number of new
railroad projects.
One of the largest deals on re-
cord is reported, being the purchase
by an English syndicate of 5000, 900
acres of Warrior coal lands at IS
per acre.
Another noticeable and gratlfy-
ing evidence of the confidence felt
in southern investments by north
ern capitalists was the act of the
New York Mutual Life ms. Co. in
taking the whole of Georgia new is
sue Al per cent. bonds at Al per
cent. premium. The issue was
ST 100000. These two items alone
bring a volume of capital south that
is not to be sneezed at.
The list mentions no less than %
raill Dads, under contract and pro-
jected, running in every state and
cutting the face of the map into zig
gag tatters and making it look as
if horde of Chinese lunatics had
overrun the country, all afflicted
with mania scribendi.
Added to this immense exhibit OF
enterprise, this is perhaps to be the
best crop year the south ever knew.
1t promises to be the largest in vol
ume, and it certainly will be the
largest in value. The trains are
loaded down even now with produce
and fruits ard all manner of sea
sonable stuff. The people are rals-
ing more shippable stuff and they
are shipping more raisable stuff
than they ever did before. A few
years ago and our farmers lived
within his own enclosure-raisine
only what he consumed and con
Stunning all he raised. There is 6
scramble now to find what pays bes,
to raise tor shipment. Farmers
scan the market reports and study
the question closely, and they are
taking to their agricultural socie-
ties with newborn avidity to con.
suit together and learn more of th,
science of farming and what t.
plant and how to plant it and where
to ship it. The progress made in
this respect has kept pace with
other events and new epoch ha!
dawned upon the agricultural south
an almost new creation, q new
source of wealth.
The Record last week had a col
umn article bearing directly upon Q
matter assiduously pressed by Tai
CITIZEN for some months, l. g., the
Importance of building cities south
so as to create a home demand fol-
our farm product and thus super.
cede the necessity Of giving half the
crop to the railroads to haul the
other half to the market. With
large communities of Workingmen
brought together in yarions locsli-
ties over the south, the mouths that
are to consume our farm products
are hungrily gaping right in the
farmers faces. There is . territory
big enough for an empire lying
south of Decatur that 20 years ago
shipped not a handful and raised
scarcely Two nandru1s that to-day
is rich garden comparst lively, and
getting richer every day, because
consumers have been brought in
reach in the several thriving cities
and innumeraple naming colonies
recently brought there.
The beginning foretells the end.
With such a magnificent start, what
can the south achieve3 The future
is indeed bright.
/ Three weeks ago We gave the
ll8SS railroad statistics and it was
then prophesyed that the record Of
lSS7-the year of greatest railroad
Ibu,lding ever known-would be
closely PUSHED. Up to May 81
there had been ITO miles built in
the south. The report for June
just in shows 339 miles more butt
The authorities agree in predicting
a big showing for the last half O.
1888, and with the report of % new
roads under contract or projected il
can easily be seen that the prophe-
. sy is founded in solid fact.
1t is estimated that next year vii
witness the enormous bulk Of 1000
600 tons of iron freights alone add
ed to the amount now in prospec
for 1888. The railroads now in ex
istence are pushed to their utter
8 most capacity to handle what i
now dumped into their depots
e There must be new roads to hsndl
!. this increased product. Capitalist
see it and see in it rich source @
profit. Other capitalists see th
profits to be realized on producin
!, and mining the stuff to be shippet
!. and they keep psce With each othe
- u Ia evident 70 say map that th
u railroads ~, I'VE the iBskiag of th
country. They plcKe~ NV "eso
D late barren spot in Middle Alaba1.
and made it q railroad center, an