The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-05-15

Upon every hypothesis oi Judgment and good
scnsc the textile industries OF the world musi
gather IN those sections where the heavy cosi Of
tfnnsporting thc raw material eau De saved, whcrv
living q just as cheap. health morc positively w.
tuscd aud every month In the year suitable for
active aud effective labor In aud out Of door. The
south H. Just ~ certain Wy the same course oi ma.
souiug, 20 ~ the lion and steel ccnicr of The cont
ncnt ALREADY there Il depression ana distress
among the iron mtscr Of rcnnsylvnnin.
Opcn confession Is made oi the inability
10 onmrcie with the conditions which
surrnnni iron making Ia the south Iron
works are shutting down bccnu,c ~ this
advaningcd competition aud tho eyes 81 the
shreudcst aud kocnof have turned souihwurl iur
new investments or the transfer % this section Of
enormous plants now operated without profit IN
the Norih. ituli not do 10 law the ouus u this
collapse IN Northern iron upon the shoulder Of
the rrvonuc reform agitation. The prosperity that
existed during that great aud prolonged discussion
has iaps,d into depression only When the hcpub
tloan senate. and ihr ballots 81 a national cam
pairu have combined 10 pUrp,tunic She war hnn
fur four ycau a least upon the siniuirs oi the
cuuntry. The iruunasicu Of the North have sen
IT, handwriting on she wall, aud tho shruNdcsi
snd kconesi Of an their tfibo hos deliberately ~
An prophecy the future iron ccntcr Of the continent
neither Ice Than 100 mile, Of Rome. l,fial "a a..
7faa
There Is great deal Of sound good
sense In this that has been repeated In
one form or another--somo Of u over since
cotton became the staple crop Of the South,
the rest ever since the rich resources
Of coal and iron In Alabama and Tonnes
sec Arkansas and Kentucky were made
pain by development Memphis, lyinl
in the very heart Of the cotton boli, should
become the center Of the cotton manuiac
iaring Interests 81 the country Mem
phis lying nearly cqui.disiani between
.hc iron aud coal fields Of Kentucky an,
Missouri on the north, Tennessee an,
Alabama on the east and Arkan
cas- on the west, should also will
her advantages Of unlailing choal
hycr navigation, become the ccnie
Of lhc iron industry Of the South. Neilhc
Chicago, Cleveland nor Piltsburg hay
hal a 1.-THE OF her advantages Of situation
yc, they have become great iron mnn,
- featuring ccnigs, and have by that mean
acrre,cd great wealth. Economy In pr
duclion will force tho manufacturers TO Z
10 the raw material instead Of having
brough, 20 them. by manufacturing co
ton here, The cost oi Transportation. N
loss IN weights and by handling aud Il
price Of Insurance would eventual
inurc 10 the consumer. And .
" Il Is possible under eSistir
conditions for tho iron men Of the ii
mingham district 10 make iron Tor s7.
per ton, as compared with the so per q,
Of Pennsylvania, 1t Is plain that Il is 10 d
advantage Of the consumer that an ariicl
OF iron can be morc chcap'y manuiaclur
here In Memphis because Of IT, ncarn,
and It's advantages ior distribution
water transportation than any place oh
These "truths arc scli.cyident." I
English cotton spinnom cannot alwo
lead In cotton manufactures. Thcimpci
Of growth Is upon all parts Of the wor
Brazil, Egypt and India will In time mi
uiacturc all the cotton they grow, and
win tho South. Manufactures and Ia
arc the uppcrmost considerations with
civilized nations This is an era
material prosperity everywhere. IL
Germany and France are compel
with England for the ocean carrying tr
OF the world and In the colonization