The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-24
MEMPHIS AND THE SOUTH.
THEsuNsHrNE oFPRosPERITy OVER
SPREADING THIS SECTION.
Too Much of Freedom From a Com
mendable J~ealousy-A Conservative
and Reliable Authority Speaks Glow
ing Words of Encouragement.

mendable Jealousy-A Conservative
n Reliable Authority Speaks Glow
ing Words of Encouragement.
The well authenticated reports OF new en-
terprises for Memphis which have appeared
in THE APPEAL almost daily during the past
few weeks, has imbued every citizen with a
confidence in the future never before felt.
These publications furnish but q faint out
line Of what that future Is 10 be. The new
institutions already referred to do not en-
brace even material fractional partof those
seeking a location in the greatest metropolis
in the South and Southwest.
The era Of prosperity and advancement
has just now really set in, and does not APP
pear at this time in all its breadth and
depth. II is easy to understand why this
may be a fact, and an encouraging one. Be
fore any concern, mercantile or industrial,
whether of large or small dimensions, can
be established, there is a labyrinth Of de-
tails 10 be arranged. Even after the
finances are gotten in reliable, easy shape,
sites are essential. t. secure the latter, great
caution Is required since IL Is human nature
TO realize as much on sales of every COM
modify Us Is consistent with principles of
honesty and fair dealing. lie who has the
site OF all sites for a business OF any kind,
and there Is pressing demand for II, may
naturally and reasonably esteem II more
valuable than II il were not especially suited
for the purpose. IL is this that causes pro-
j%ectors Of new institutions to carefully retain
all knowledge OF their intentions and move
mcnts until their objects are attained.
NJ - Il IL r-tttas-- r - 8
news, and all the news, has come into pos
session Of many of this class OF items. In
It's desire 10 impose no undue hardShips
upon these projectors who propose 70 be-
come very material factors in he building
up Of Memphis, " hos declined 10 make any
announcement Of the workings which would
entail this result, and will continue this
policy In future. Whenever the time ar
rives for publication, when all parties con-
crrnel inierpose no further requests for
silence, THE APPEAL will spread the good
news abroad. Memphis is getting q large
share Of the unprecedented development at
the South, now attracting the amazement and
earnest attention Of staid old New England
and the country at large. There are not less
than 81, 900, 900 already assured for Memphis
within the next two years, and the influence
u this vast sun In bringing more, annot
be estimated. On every hand there nre
cheering indications Of the new spirit that
has seized the people-the magnetic inilu-
ence Of n tide OF prosperity for their section
well earned by patient, heroic effort, and a
liberality OF enterprise born Of devotion TO
and confidence In the great and common
country. All species OF property Is on the
plane Of sOlidity In values and activity In
demand. People at home and abroad want
real estate, improved and otherwise, for
homes aud business. Spectators there are.
rs a matter Of course, for what advancing
city or section Is without them2 Taken ms a
whole, however, Memphis and her interests
are not retarded by their presence and power.
Jealousy. regarded rs n curse as between
individuals, may be commended In commu-
mites aud turned TO mutual profit. Mem
phis is too far removed from the quality for
her good. Relying upon those adynnt-
ages which n beneiiccnt Providence has
shOwcrcd upon her, she Is content 10 smile
in silent cOmplaccncc at the Herculcnn cf-
forts of other favored communities to secure
the bulk OF capital and pluck flowing into
the South from beyond Mason and DtXOn's
line. Hence Il Is that her people may be
expected 10 even rejoice In the utterunccs OF
that conservative aud rcliahl, authority on
southern industries, tho Baltimore Maaiydo-
turcui Record for this week;
The past week has been one OF tho most
1 NNMNN nv y MAWMh ~ ANN ANNNANNA AAl
history of the South. Tho visit Of Mcssrs.
Cooper, Hewitt and other leading capitalists
to the industrial ccutors OF the South, and
their astonishmcnt, which they have freely
expressed. at the marvellous resources and
the progress already made, will result In
drawing many millions 81 dollars 10 this sec
lion Tor investment Added 60 this Mr.. An
irew Carnegie, In this ssuc ofthc MaRufact.
urcrs' Record, bears his testimony to tho vast
| H..aaHINltfanaY 81 fN4a AsftHls UHHN o.. hi WftaN.FHaa
ht what lac saw during his late trip.
-
The week, too. has been prolific o. great
| enterprises that will add to the prosperity ol
thc whole South. Special reports 90 the
Manufactured Record show that New Eng.
land capitalists. who now own the two eel.
| cbmiel furnaces ~ Shelby Ala. where iron
was made for Confederate gunboats during
the war. aud over 5l,OlO acres Of mineral
land adjoining, have determined 10 build uT
a great industrial town. This will cause
another heavy movement Of New England
capital 10 help develop the South A "a 900.
90 compnny has been organized In Nir,
ginia to build furnaces and coke ovens six.
teen miles from birmingham; work is 10 la
commenced NJ once ON n new furnace al
Cato City, Ala, and $4,000 Is TO be- spent
ON II and other improvements; q tJ0o.OC
company has purchased and will develop ~.
900 acres OF coal land near Birmingham si2i.
40 will be spent By another coal company
on extensions ~ plant Ia Kentucky thor,
il unusual stir and activity over the grcaI
supply u natural rus HAT las been dcvcl
upcl. and the whole State o. alive With new
enterprises. new railroads. etc. ExlGov
Algcr, u Michigan, Inns Invested over 300. on
In tennessee mineral aud timber lands
which will be- developed on n large scale. I
si.EO.UO0 company and n en- OUO, 90 company
have been ormnixol in Texas 10 open ~
great iron properties in that Stale nni
operate them ON nn extensive scale. q son,
On company has been Organized 10 built
two furnaces NJ iiaifnri. Va; a t3DpaeE
company b. build furnaces at Buona Vista
o. q, 10000 company 10 Winchester to worl
manganese aud Iron mines: u $4,000 com
pany ut Richmond 20 build large fertilizer
works.
'Of cotton mills wool work. establish
mcuts OF all kinds. cotton oil mills brIri
work. electric light and power plants an,
q wide mngc oi divers DEED ludusiHcs. ihI
number ~ reported No this issic Of the Nan
ufiefurrr' Rrcpfd Is unusually lan-c. TIT
whole south u hhHT uF boz this unprcccdrutt
activity, and day after day adds 10 ihc loui
list Il new enterprises that arc rapidly
bringing wealth 90 ih.s favored land. More
over the ManufHdHHsu' Record knows %
great enterprises which leading Northern
aud European capitalists arr arranging lhu
the particulars oi which cannot he mad,
public Yeti Tor The investment II MANI
millions of dollar in The extensive develop
mcnt of ouofmoug tracts uf mineral nn,
timber prupcrtiCt Progress "a the watch
word, aud tho South is pressing iorWar,
with a yignf scavciy dreamed u u the past