The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1890-08-07
GREAT INDUSTRIAL DEVELOP
MENT.
Active Times Throughout the South.

week says:
Regardless of the efforts of a few
politicians to retard the South's indus
trial progress, the great mass of tn,
American people North and South ar.
becoming more and more impressed
with the wonderful activity that is seer
everywhere from Maryland to Texas
Enterprises involving millions of dol
lars are being pushed ahead by mer
who year or two ago would not be.
lieve that the South possessed the ad
vantages which the Manufacturers
Record had for years claimed for it
nor would they believe that it was
ever to hold the commanding position
in industrial matters which they are
now doing all in their power to give it.
At Norfolk and at Salem, Va, plans
are being matured by outside capital
isis for extensive steel plants, the one
at Norfolk to make Bessemer steel
from Cuban ores and the one at Salem
tor basic steel, while at Buena Vista
the money has been raised for $780,
900 steel plant. At Tredegar, Ala,
work has been commenced upon the
large steel enterprise recently reported,
which is to have daily capacity of
900 tons of finished steel, and include
rolling mill, rail mill and cotton tie
mill. Here are four great steel making
enterprises which are but signs of the
times that indicate that the South is
now to turn its attention to steel making
with the same vigor that it has for sew
eral years given to the increase in iron
production. This is the rounding out
of the South's development, and is but
the natural order Of growth from the
first stages of the country's develop
ment in the making of the coarser
grades of goods to the finer produc-
tions. As in iron and steel, so will it
be in the manufacture of cotton goods,
the South having gained control of the
market Tor the cheaper grades of cot
ton goods will now turn It's attention
to finer qualities, and in all other lines
OF industry we may look for the same
evolution.
The past week has been prolific of
new enterprises, large and small, in
addition to the four steel plants men,
toned. At Charlotte Harbor, Fla,
large phosphate works are to be built
by a. accompany having a paid-up capital
of 100000. At Rome, Ga. $500, 200
brick works are to be built, and at
a 100000 wall plaster COM
pany has been organized. At Green's
boro, N. c., Philadelphia capitalists
Are to build a 100000 rolling mill.
In Maryland $4,000 quarrying
has been organized. At
Marion, N. c., 81 100000 gold
mining company will put in mining
machinery and establish chlorination
works; at Wilmington, in the same
State, a 100000 factory to extract
Ill from pine has been built; at Mon
oe, a 100000 land company has
'een organized, and at Marion, a
100000 land company. Chattanooga,
Tenn, is to have new $4,000 ice
actory, and Nashville will probably
ecure a s1,ooo,ooo packing house.
n Virginia a 100000 company has
'een organized at Staunton to build a
'eef packing house; a mining compa-
lay has purchased near Dillwon 80,
100 acres of land ,and will build new
own; at Mineral City an English
ompany with capacity of $1,000, 900
las purchased extensive gold mines,
nd will erect sulphuric acid ,phosphate
nd reduction works. This is a sum-
nary Of only few of the big enter
rises for one week, and, taken in con-
liberation with the many smaller con-
erns that are being established IN al
aost every town of the South, it gives
fair idea of what the South is doing,
espite politics and the heat of mid
lmmer.