The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-02-03

Memphis should at once begin TO don
her good clothes and her citizens refresh
themselves in the good manners character
stic OF them at all timc.. but marked when
no,ables appear among them aud demand
attention. Read the following from tho
New York Star:
Early next week notable party OF gen.
tlcmcn, representing railroad. financial aud
manufacturing interests, will leave New
York for a tour Of inspection in the South.
The primary object OF the trip IL 10 inspect
the railway system operated by the Louis
vile d Nashville Railroad Company. The
party has been organized by Mr. EN. Nor
ton, President OF the Louisville x Nash
vile Company. Several OF the prominent
directors Of the rold will be among the
number, and they will be accompanied by
some large stockholders and representa-
tiycs OF foreign and American banking
houses, who have interests IN the Louis
vile 4 Nashville, or in Southern enter
priscs generally.
The party will travel in the private Off
GERS ear OF the railroad company. Each
section OF country covered 10y the Louis
vile q Nashville lines will be VISITED in
turn. Stops will doubtless be- made ct the
important manufacturing aud industrial
ccntcrs which have sprung mp in the
South. The trip will occupy probably two
weeks. and IL is the present intention To
start the party from this city next Monday,
February I.
The chef significance and interest IN the
matter is found in the personality OF some
OF Mr.. Nurton's party. II is now no nov
city for Northern manufacturers Ia visit
the Southern States. Marvellous industrial
development Of the iron aud coal rcsourccs
Of Alabama, Tennessee and Georgia has
attracted TO that section an increasing
number every year Of people interested in
| those industries. A desire to witness the
extent OF the progress OF the South, ~ we'll
an an awakening appreciation Of the busi-
ness opportunities which are 10 be- found
| in the still undcyeloped mineral wealth Of
/ the South, accounts for this fact.
Mr.. Andrew Carnegie will bc one Of Mr..
| Norton's guests. II is also stated that
some other representatives Of Northern
manufacturing and iron interests have
been invited, and will probably accompany
the party.
The occasion thus promises 10 be q
notable one. Not only will the indiyidu.
ais themselves represent vast commercial
aud industrial wealth, but Il il 10 be- pre-,
sumcd that there are objects in view which
will have an important connection with
the further growth OF Southern railroad,
aud manufactures.
The PENNSYLVANIA iron men have been
more and more pressed 10y the competition
Of Southern pig iron. Not long since d
large lot OF Southern iron was sold In a.,
Piilsburg market IN direct competition
with the home article. Alabama aud Ten
ncsscc iron have been features Of thu
Northern market, aud every year the mum
Der Of tons placed with Northern consum
ems. ut prices below thoscoi Northern iron
masters. increases by large figures.
II II only natural that these facts shOul'
set Northern capitalists aud steel and iroi
manufacturers 20 thinking. Not W man,
ycan ago the giant strides the South wa
making passed unpcognilod. Then cam'
period Of disirust but now that th
South has continued 10 90 ahead and (
develop its resources, stage has bee
reached when IN influx Of Northern me-
and money into that country Is 10 be cN
ppctCd.