The Daily times. [volume] (Richmond, Va.) 1886-1889, 1889-11-30
-, DEMAND ron MORE ENTERPRISE

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,,xn For MORE ENTERPRISE
wo ob.eryed in the Roanoke HeTdio
q few DAYS ago an itemized statement
,h., allowed that 81. 9O0,0 900 Of capital
hod hoen invested in the city Of Roam
oke since February last III the ioi'" -
improvements, that ranged from
house valued at $500 to an iron furnace
that cost $500 600. 1t is only SNORT
-;,,o s;nce wa referred to the e1pendi-
ture in Florence by PhiladelphianS OF
some 81 1000, 600 in the purchase Of i""o
and the erection Of the largest Iron
furnace in the South.
Hundreds OF thousands Oh doi'"i'
have. within the last year been invest
cd in the prospective town Of Glasgow
ON the James, and millions have been
scattered through the Southwest ana
other parts Of Virginia. Hundreds oil
millions in addition, have been planted
m Dnluth. St. Paul and other north
,vostern cities. A considerable part OF
,bis capital was Withdrawn from Rich
mond in the same manner that many
thousands of dollars have been secured
in our CITY to start and sustain ne" en-
terprises in Birmingham
Do Roanoke, Florence, Birmingham
Duluth. and Glasgow possess more ad-
vantages than Richmond? Can they
manufacture more cheaplyY Have
thew better climates : Is living less
costly there than here? On the con-
trorv. we have the finest climate IN the
world. and living is as inexpensive IN
this city as it is anywhere on this slde
of the Atlantic. Our water-power' II
properly and fully utilized. should en-
able us TO compete with any city III TINS
country in cheapness of manufacture
oven if we omit from consideration the
lowness of freight rates and the access
Utility of coal. The Midlothian and
Gayton coal mines. and hundreds OF
acres of undeveloped coal properly
throughout Virgin and West Vir-
ginia, are practically at our DOORS
Truly ours is IA land wherein thou
shalt eat bread without scarceness' thou
shalt not lack anything in it, land
whose stones are iron, and outof whose
hills thou mayest dig brass. y
Are Judge Hudgin, of Florence; d.
b. Harrison, of Duluth; Simmons q
Co. of Roanoke; and William A. An
derson, of Glasgow-the gentlemen
who have so successfully directed capi-
tal 10 their homes-more alert and en-
terprising men than any we have among
us? Is there no man in Richmond who
can initiate the example they have set 7
We published in the TINES a few days
since a notice of an autograph letter
from the great gunmaker, krupp,
whose foundries at Essen, Germany,
comprise the largest individual enter
prise in the world, to Mr.. Dunlop, the
secretary of our Chamber of Com
merce, denying the reported statement
that he intended to erect branch works
in America. We presume that Mr..
Dunlop had been inquiring into this re-
port With view of having part OF
this great establishment removed to
this city. This was step in the right
direction, Notwithstanding t the
event proveA ..eie was no ground for
the report.
The Chamber Of Commerce, with the
sanction of the City Council, who could
aud should guarantee advantages to
manufacturers desiring TO settle here,
should have from two to half dozen
men continuously employed in seeking
out investors and inducing them to
come here. One iron furnace alone
near the suburbs Of Richmond, with a
cspital Of $3.50 600. would increase our
population by 200 families, who would
REQUIRE homesand the necessaries Of life,
and would thereby create demand Tor
our lands and products.
We are informed that there has been
incorporated in England, where vast
quantity Of money has been recently
put into circulation by the nations of
Continental Europe paying OFF their
war debts. company for developing
Virginia. Thiscompany should be in
duced TO j est part of its capital in
Richmond, bu. it will certainly not do
so if we content ourselves with remain
ing inactive aud INDUCING in mere hope
that it will
The Chamber Of Commerce is pursu-
ing the right course, but its path is be-
set with difficulties. The City Council
will probably be unwilling to give such
advantages to incoming capital as 1t
will REQUIRE, and as other cities would
extend. Public sentiment, however.
should regard with the severest con-
demnation, any inclination on the part
OF its public officials to leave untitled
every possible means Of increasing the
wealth and population Of our COM
munity.
rn.. ..snAEpss attfaN9E