The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1888-07-12
INCREASING VALUE.
The Wonderful Growth Of
Values South.
The Season Of Profits is
Succeeding the Season
of Investments.
Decatur Stands Strongly lntreneh.
ed Behind a Battlement OF
Brains and Money.
Too Much Has Been Invested to Go Back
Too Much Has Been Done to Undo.
5000 an acre for land!


Fifteen years ago the coal and
iron deposit in Alabama was practi-
cally untouched. To-day the val
ue of the coal deposit of the War
rior coal fields, in sight, is estima-
ted to be equal to all the lands in
Alabama rated at 5000 per acre.
Taking no account of the iron de-
post even more valuable, nor of the
surface wealth that has accumula-I
ted in the building of cities, foun-'
dries, factories, ETC., this showing of
newly found wealth is SO enorm is
as to stagger credulity. RUM ag
the estimate through the wEoie
south and the result is such an
amazingly stupendous amount as to
almost bar utterance.
Why should the development
stop now? Indeed, Aow can it stop
now? There have been millions
and millions of money and incalcu-
liable energy spent in developing
these hidden treasures and in erect
ing the plants to utilize them and
getting the handling of them into
business shape. 1t has been a sea-
son of incubation, and now the time
is upon US for the Matching out of
profits. 1t has been work and in
vest and spend and build and lay
out all the time. Now the work is
we'll on, the products are appearing
and the profits are accumulating.
Only last week Mr.. De Rardelez
ben and his associates organized q
company to build three new 15O
ton furnaces, with capital stock of
So, 900, 900, Of which is now paid in
bank to begin work 100000 in
cash. The 100000 is a part of
profits already made. The men,
and all others like them, had to
wait sometimes two, three, four
years after investing their money
before any profits appeared. AS
they get it now they reinyest it, and
thus the development of the south
is arrived at that second stage of
procedure where a doubling back
of capital is being made, thus plac-
ing 1t In an afithgetical progressive
attitude and giving capital a COM
pounded profit.
ADMISSION AnbG9nces that the IL
tn-~s Ia Der district have never
hai . siHce they we're
built, running continuously 's:f
time, in all seasons, and with good
profits. Why should they not con-
tinue to run ON full time, and 9th
ers like them, when it is conclusive
ly. the fact that nowhere else in the
world is such thing possible2 In
deed, how can you stem the current
of development when it is thus made
conclusively manifest that the pro-
fits are surer and larger than any
where else in the world.
1t stands thus with Decatur.
There have been hundreds of thou
sands of dollars invested there with
out returns scarcely as yet. She
has been patiently going through
the incubation period-building,
spending, laying out, erecting, in
vesting-and the Matching of prof
its has been delayed until some lost
hope.
To our mind the end is as sure as
that effect will follow inevitable
cause. The long summer of mac
tivity and enmui has brought chill
ing dependency to some minds In
capable of weighing causes or
blinded to effect. That the neucleus
of large manufacturing city is al
ready there is acknowledged, but
because men do not leave their har-
vest fields in the north and their
business offices in the east where
the same business inactivity pre-
walls and rush off down here like
they did when the business season
was on, they grew Respondent.
There has been to much spent
there there to go back. There is
too much value there to go back.
The necessity for central manu-
featuring city on the borders of the
iron and coal fields and the agricul-
tural belt and in the midst thereof
is too apparent to go back. The
work of building it has gone too far
to go back. The attention of CAPT
tai and energy to that point as pos
sessing in equilibrium all the advan
tages for manufacturing and ship
ping all manner of products has
gone too far to permit it to go back.
There is too much brains and ener-
gy and money behind it to let it 60
back. There is too much brains
and energy and money in the man
agement for it to 60 back. 1t can |
not go back! Strange that there
are men who fear it.
Go1 C11Ix H. RI