The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-10
DO MANUFACTURES PAY?
A LEADING QUESTION EVERYONE
CAN EASILY ANSWER.
Practical Examples Furnished By Two
Southern states--The Great opportu-
nifty Memphis Has OF Putting the
Matter to Promising Test.

Do manufactures pay? Arc they OF
any practical benefit TO the community In
which they are located, and are they
worthy OF encouragement
The combined wisdom Of the General
Assemblies Of two Of the leading manu-
featuring States OF the South has recently
answered all these questions positively In
the affirmative.
A few days after the Legislature Of Ala
bama appropriated $4,000 to encourage
immigration and manufactures, Arkansas
taxed her Treasury 5000 to establish an
Industrial Bureau and 10 advertise the re-
sources Of the State abroad.
II a fact that not less than $50. 900, 900
Of Northern and Eastern capital has sought
Southern investment since the LIST Of jan
uary. Fifteen millions Ia one single COM
pany has commenced operations In the
neighborhood Of Chattanooga. Another
corporation, with over sl2,0OQ.OQo capital,
headed by Mr. John Ihmah, OF New York,
has, within the past thirty days, begun to
develop mjncfal and timber lands, and TO
build railroads, factories aud fur
faces in Eastern Kentucky. Two immense
cotton factories from Philadelphia have
crossed the Ohio River and found a loca.
lion in Northern Alabama. A Bitishsyn-
iicate has purchased ten thousand acres OF
,ong leaf yellow pine lands In Mississippi,
ten thousand acres Of farming land In
Louisiana and twenty thousand acres Of
hardwood and agricultural lands In the
lcrtile and prolific delta. Two new exper-
lmenls In the manufacture OF steel arc
about 10 be made In Birmingham inyoly-
ing expenditures oiseyeral hundred thous-
and and promising the leadership In the
making Of basic and Bookwal'cr steel 30
he Southern States. foundries, rolling.
mills and machine shops are sprnging up
throughout Georgia, Tennessee, Alabama
and Kentucky; lumber manufactures and
;he allied wood working interest isincreas-
ing daily In magnitude aud there II no sec
lion Of the South but what lis growing more
rapidly than ever before in industrial as
eondancy. While all these things arc GO
ing or, while money Is pouring into this
icction at the rate Of more than twenty
millions month. aud while tho
mercy and the intelligence Of tho world
behind Il are seeking profitable employ
nont, what Il Memphis doing 10 deserve
her share OF this universal prosperity
What IL she doing 10 attract the attention
Of capital by placing her resources and
inducements properly and accurately be-
fore the industrial and financial intercetsI
What efforts IL she making 10 secure i'm.
migrants and manufacturers 20 increase
her material wealth and her wealth pro-
ducing population She is doing abso-
lulely nothing and is making no effort
whatever 10 encourage the things which
arc the very bone and sinow, the flesh,
blood and soul Of progress aud Of ciyiliEa-
ton. II would be impossible 10 build up
the manufacturing interests In Memphis
without ai the same time building up its
trade and liz banking institutions and
enhancing It's personal and real wealth in
Ia entirety. No factory. however,
small or large, can locate on any