The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1888-04-19
MOVING SOUTH.
Pennsylvania Alarmed for
Her Iron Interests.
The Leading Iron Men Declare
that the South is On Top
to Stay.
Iron and Cotton are Both Kings and the
Center Of Their Kingdom is
AT DECATUR.

The writer in conversation with |
Col. A. K. Mcclure of the Philadel-
phia sTimes during his southern |
tour summer before last asked him
what was TO become of Pennsylva-
MIA iron furnaces when the south
compelled them to shut down. He
replied promptly:
"They must move south"
The capital and labor invested in
them now will have to be transfer
rec. largely into manufacturing the
crude product instead of producing
it. Pennsylvania will necessarily
lose money in the general break up,
but not as mnch as would seem in
evitable at first thought. The
plants can be transferred south,
many of them, but the power and
machinery and location can be
utilized for other purposes. The
great energy and activity and
shrewdness characteristic of the
yankee nation will come to their
rescue.
And these yankees are not going
to fight against the fates. They
see the inevitable and they are
accommodating themselves to it as
rapidly as possible.
Representatives of 40 blast fur
naces met at Easton, Pa, March
80, to consider the situation and it
was unanimously agreed that if the
railroads did not come to their re-
lief by reduction in frieghts that
would equal the difference between
producing a ton of iron in Pennsyl
vania and in Tennessee and Ala
bama, they must bank their fires.
| Bank their fires they must, be-
cause the railroad companies can
not by giving all the freight make up
the difference. Southern iron can
be made without cent of freight.
The cheapest place on the globe
where iron can be made has until
now been in Yorkshire, England.
The distance of coal and iron from
the furnaces there averages 20
miles, whereas in Alabama it ex-
lists abundantly within a half mile
radius. That tells the whole tale
Pittsburgh gets ores from Lake Su-
perior.
Mayor Hewitt of New York, one
the largest iron producers in the
north, admits all these facts and
adds:
| 81 think Alabama and Tennessee
will be region of coke made lror
on scale grander than has evel
been witnessed on the globe"
| Col. Mcclure recently said
["How Pennsylvania will solve the
problem, do not assume to decide
but the logical result wonld be the
transfer of the portion of the iron
industry here from the north te
the south, just as the spinning ano
weaving Of the home consumption
of cotton must soon come to thu
|cotton fields, and the, better wateI
power and climate which they fur
nish."
The Manufacturers Record last
week said:
"The development of iron making
in Alabama during the last year Of
two has been the most stupendous
probably ever seen before in the
world in the same length of time
The ANIMAL report of the Tennes
see Coal, Iron and Railroad Co. is s
marvellous statement. The capita
stock is $l0,0OO,000. 1t has ter
furnaces in blast and building. Its
coal mines at Tracy City last yea
yielded profit of 1914, 7O9.3I, ant
the Pratt mines a profit of 1885,
721.75. The two furnaces at South
Pittsburg made $S4, 6l2.6O, that a
Cowan SS0.941.32, and the two a
Birmingham $1S2,SSii5529. The to-
tai profits to the company from it,
coal and iron amounted to 1926,
1859, added to which was q prof
of $13S, 400 on a dummy line trans
action. Within a few months ir'
ten furnaces will be in blast and it,
product will be immensely increas-
ed. 1t ia one of the most gigantic
= concerns in the world.
II We call attention to all thes'
, things for a purpose. 1t is almos
: impossible to make our people real
tiza tho cituatian Pu]oeLi onf