The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-06-30
THE SOUTH MARCHING ON.
THE INDUSTRIAL PROGRESS SHOWS
NO HALTING.
ARemarkable Increase in Investments
Tho Prosperous South Daily Growing
More Prosperous-A Great Enterprise
by English Iron Makers.

From the Baltimore Manufacturer Record
From the poverty entailcd by the most
disastrous war in the worlds history, the
South Is rapidly pressing to the period
when II will become the most prosperous
country on the globe. No one who will
study the facts in the case can question
this Here Is country rich beyond
compare" country Of which II has been
said that at has every advantage that
God could give;" country blessed with
mineral wealth greater than the world has
ever known elsewhere, with timber re-
sources almost without limit; with agri'
cultural possibilities not surpassed, proba-
bly, not cquallcd in the aggregate by any 9TH
or section OF even double the area in Amer
lea, for nowhere else can that wonderful
product--cotton--be raised TO any greatex-
tent, and nowhere else can there be added
10 this, such possibilities for fruit raising,
for early and late vegetables for the
cereals and the grasses, as In this favored
land. And then these blessings are so
advantageously combined rs TO vastly en-.
nance their value. Production OF manu-
featured goods, whether Of iron, OF cotton,
and OF timber, rs well rs OF the fruits OF
the soil. favored by fortunate circum-
stances, is made possible at n lower cost
than in any other section Of America, and
ultimately lower than in Europe. These
remarkable facts, for facts they are, are
claiming tho worlds attention, and
II Is worthy OF note that every
investigator whether he be capitalist
looking for profitable investments, or
mineral OF timber expert who goes South,
is impressed with the truth that 1.-THE
half has not been told" Men who have
examined the best mineral regions OF Eu-
rope and America, outside OF the South,
when they 20 there for the flrst lime
freely admit that the wealth Of its min
eral resources is far beyond anything that
they bad ever known of-greatcr, in fact,
than they supposed existed anywhere IN
tho world. The testimony Of such men.
backed. as is being done almost daily, by
the investments Of millions OF dollars,
shows that they know whereof they
speak.
Not only Is Northern capital beginning
20 pour into the South ns never before, and
not only are Northern iron and steel max.
crs beginning 10 realize more fully than
ever before that the South IL 20 be the
future center OF the worlds iron and steel
trade. and that that nation or that section
of any nation which possesses supremacy
In the production OF iron and steel and in
their conversion 10 final forms for use, will
dominate and control the commerce OF the
world" Not only are these things true,
but English iron and steel makers are also
realizing their force. and many OF them arc
preparing 10 take part In this industrial
revolution.
While 9. +. Huntington is investing
81 600, 900 In building tie largest dry dock
and iron and steel shipyard in America
ut Newport News Va, English iron and
sieelmakers are preparing for work
which Is destined TO have an almost In.
calculahlo influence upon the future OF
the South and upon tho country at large
heSopsdvcars ago a number OF iron aud
m Omaha a.oi Great Britain. representing
johnson ar dollars OF capital, had their
Jolipsaiation OF mineral wealth.
Ing coal high grade iron ores
Joi many kinds, including Besscmcr ores
and other advantages Of the country
around Cumberland Gap, Tenn. divid.
ing point IN the mountain range separating
Virginia, Kentucky and Tennessee. They
sent out an expert aud his report wns 80
favorable that they could scarcely believe
II, and others were sent and they more
than confirmed what the iirst had said.
Nery quietly then these practical iron and
steel makers went 10 work. They pur.
chased thousands Of acres OF land; they
commenced the cutting OF 1880 foot
tunnel through the mountains. 10 open a
way Of communication for several raityads;
they commenced building railroads, pre-
pared 20 lay out town, etc. These things
they have been doing 80 quietly that but
few know Of this great enterprise
ably the most extensive industrial under
taking Of iis character ever organized.
They have already spent y. 900, QUO In their
work at Cumberland Gap, or rather at
Middlcsborough, which Ia the name OF the
new town, and have now thrown Il open
10 the public. Tho magnitude OF
what has been accomplished NAV
be better underiood from few
facts Upon the preliminary work Of
buying the property, building tunnel.
railroads. etc, they have NJ already spent
Sf.OOO,OO0. but that u only the beginning.
They have made contracts for not lcss than
four furnaces, rolling mills and steel works
20 coat -. O0O,OO0; for opening coal mines
involving a cost OF over 500, 900, a $500.
900 tannery. seven sawmills In full opera.
ton 10 supp.y lumber Cor building pur.
poses In tho town, four brickyards with
over 100000 invested, machine shops.
planning mills, aud number OF other en-.
terprisca representing a capital OF about
T.00.0O0 This Ia simply an illustration
Of the wonderful work which is now go-
ing on In the South. IL shows how
the leading iron and steel makers OF
Great Brilain-ior Middlcsborough II dis
tinctly nm English town, 40 far a. ITS origin
and backing u concerned, and even its
able protector and manager IN OF Scotland
-scclng that the South u 10 become the
J, worlds iron and steel center, have de.
~ tefmincd to take an active part In lie dc.
(NNelopment Middlesborough Ia but a sign
Which tells Of how English capital Is now
Mbe pured into the South. It's founding
\Eyks a disinctively new era In the
noth's iron and steolhistory.
rsile this IA the most ambitious indus.
mhsttcrprise inaugurAted In the South
MncnN magnitude and iar.rcaching In.
nnenccSr tie good of this section ar,
thken ~ AaccOunt, yet C,hcr great enter
pnses arr Rcing started almost daily BIZ
men ~ cakNl from the North, "a well a,
by the peoS Of the South themselves
Everywherex re is activity and life. The
south ~ lpfcthg into diversified manu-.
Lectures and aAtady competing in North
ern markets wsA the finer goods Of North
ern iaetorics IQthe future her pig iror
wiz moro and nho.p be manufactured IN