The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-06-08
TEN PER CENT.
THAT'S WHAT NEW ENGLAND
ERS WANT FOR MONEY.
B8S9QG CAPITAL IN TEE SOUTH
/, is Flowing This wmy-conain= From
,i,e Vest. WIFI 5,niec rs Blossom
Like Abe .i;osc lloncy Yielding
large Returns.

iL..,,.t,ati,,.r rr;rci,,la of Now En-
:.
Siai'u capitalists 's Il ueSire 10 Sc
six per cent, with n Willingness t
,l5a ten and if there bc anvthiul
IL, ,.,...rl ~ l-onioo t;oo,ciorinn
&c
| TINS eSp'aHation Is surely Ho1 ID
aniSs The current OF money that /
now tfoyfnn steadily southwark iron
.,....Ia,,l 80, ;utare.ti,o an,
- 80 81 -
las{Tl 'c5'Vee cement III t'le s'eiI III
lpstriai activity that is now mani
Tested throughout the entire Soutl
from the Potomac 70 the Gulf, an(
from the Atlantic coast To the IA
western edge Of Texas. AZ first sigh
one wll0 ha, not studied the situation
is IiETly TO characterize much OF thu
g,rFsout deyei0fuent IN the South u.
wild spcculation 70 one who read.
sud hers of The niuaying growth OF
-;na.b,,u towns the rapid advance
+, bn ,.,,I,,,- of real estate and The
,li.i,na,,t NJ crreot notwithstanding
l,frrests before new cities have hardly
,,er,,ed from thcirsvnddlincclothes
49, nj FIRST something so straus.
' ',.,' hn,r:l,isrioa, that the first
i,5,re.sia, i. naturally oue of in-
rre,l4}iiry But the man who sits
down. ion. M, hour or two and thought
Iuliv Considers the conditions under
which the advancement of the South
is being accomplished. the men who
are moving and stirring in all this
progress and the methods by which
IEev are proceeding, Is inevitably
convinced that what he mistook NJ
first sigh; for II gigantic mushroom
of speculation Is IN reality Il mighty
industrial growth. developed rapidly
but none the less surely upon 4 basis
that is mt once both substantial and
nernanrut L does not require
many dn.ys. nor even many hours for
;, re;tsouiua man to establish ii pretty
clearly in his own mind that the men
vino have put their money iuto South
.prn Investments. and who are increae-
if,.e these Investments many times
over. are reaching after gains that
IRE pluin1y ia light and within easy
reaching distance
ew i.uSlaud invc-tcis arc set.eT-
rs s. recognized 49, seekers after more
ft.ln the uvcra gcproHts OF commerce.
fher ere ccree3ed 81 hone and
15road 10 bc ,affNious Tor SIX per
il5, ua.s wi.i!rg 20 Iuice tea Oh
every duiiaF t,5;.t hes :5.cc, ;,ia t..;S
f.c. les icti 10 Ike pretty zen r.,i
81, ...izl..,iet. IF Tie direction OF the
.'t4o oil ~ fugIahl uouc! rs IN
,n5 .fc..ti34 ri he region whore large
.,o.if. jie. ai4i many Il man is today
.hai.!.iit hat iie followed this enid-
a!ica Tuae w.s Il Jime, aud not
80 lous ago, when every pare New
i...Ialld doiar was sent spinning to
tse West TO &c loaned to needy farm
c.s &c ten or twelve per centum per
auau1u. There was an carrier tiiue
when all New ..n@laLd's .loafins cash
Was Jumped to build great railway
ices through Western states, fruit
iul in pioInie OF great crops 10 fur
niSh freight, and to push the great
iron highways down across me south
ern borders, even 10 AeXIcos distant
and ancient capital. here was an
other era when the horizon OF pros
pective profit was seen by Keen
Sighted Yankees up around the great
lakes, and 70 the mineral regions of
that section money and brains went
side by side. The great fortunes that
the mines ana railroads have yielded
testify TO the wisdom OF the invest,
ments that gave them olrth, While all
the world knows the tribute that mas
been levied upon the farmers of the
West
The mines and railroads remain. 30
also do the farms OF The Wet, but the
shrewd New Highlander recognizes
that the lire OF safety lii The mortgage
Indebtedness has been passed. and
now he looks for six per cent. and
homes for ten in another direction.
Probably no man recognizes more
clearly tran does the New Highlander
chat the most stable investments are
those based upon industrial interests,
and it is for this reason thatso much
hard cash is rolling from Maine, New
Hampshire, Vermont and Massa-
chusetts to the South. 1t is the same
characteristic search for large and
sure returns. based upon substantial
evidences that such profits will be
forthcoming. Nor is this money being
furnished to spectators. The New
England men whose money appears
in the South in mills, mines and town
property are the actual owners and
investors. They have carefully placed
their money where they expect 1t to