The times. [volume] (Richmond, Va.) 1890-1903, 1890-03-14
WE'LL GEL THERE VEL.



The people Of an this region are simply
astonishcd that Richmond capitalists are
placing their money by hundreds Of thou
sands Of dollars at remote points-Birmins-
ham Florence. Duluth. and away up in the
Northwest ON the Pacific slope, while North
ern capitalists have been investing millions
here I'M these mountains far more ad'anta-
poou-lv. 10 my personal knowledge tnuu-
sands Of acres Of coal lands were bought "
few wears ago at prices ranging from ih,Itl-
five cents TO sl.OO per acfc,ior some Oh Mnion
Si,O an acre has been refused by parties
y,ho hold 20 dcyoiope them. OF the one
thnueand square miles Of the very best cox
Inc Goals known in the world, at least h'e
hundred SQUARE miles have been pousht nl
non-rcsidonts of Virginia. and have en-
HANGED In eight years from l,gv 10 iv,vvv
per cent. on the prices paid' IN 1 ,1.- lop'
counties OF scott. Lee, wise ana hue7rli.
over eleven thousand men have been M
work AN this winter ON the South Atanle
and Ohio. The Clinch River o.. * N'l' me
Iouisvill. and Nashville. and the Three 4 =
railroads. all aiming for these incomparapie
Goals. which they will all reach before
Cities have been incorporated, laid out,
and are building up all around us. III
these cities. farming lands that were soig ~
the projectors no from $40 o. fye are SOU ll'
lots of 81 or 80 feet front and 10 10 l50 leet
deon-about six 90 the acre, including
strCets-at prices ranging ron fl.V NJ, ~. ~
I'll 900 or si500 per l0t,' depending ON loca-
lion onp-thirl cash. - q rule, but often one,
half and the balance in six, Twelve ana
ri-hfoen months and fine buildings are
Manned and many going up. Furnace ana
cooking companies are chartered ana capi-
talized. and preparations for immaculate
Two waves of investment are closing IN
,fnon MS here THE first began M 1881 NJ
,,osnolo cu the site of which crop OF
wheat was harvested that year, where lleic
is now am active city Of from l'-W9 10 -y'OvO
pcople. soon this wave extended 10 h a
ford. Graham, Biueilcld, iocanohlAs' nu-
Ia.ki. and now envelopes oaIem anu Dls
stone Gap. The second wave .ee"n . r'
Hfrmin0ham about the same time, zen years
400 ana soon embraced Florence, Decatur
~beibv. CHATTANOOGA and Knoxville, ana
within "a wear or two has struck Johnson
/ Cifv and Bristol. Tenn. and Middles1oio'
az Cumberland Gap. These waves OF lli-
vestmeuf and DEVELOPMENT are now Wlihlh
/ .ivfy miles of each other, one rolling up
from fhe n0gthoastward, along the NoiloiA
and Western Railroad in parallel Nahel
/ fhe other from the south and southwestern,
alOng tine East Tennessee fiisiAi" anu
/ Georgia Railroad and It's laterals
| mis- wear they viii meet here I'D w a7nr-
;r-ton county. Die oldest and grandest OF all
/ no Southwest Virginia counties lh H7
rlatchiDas resources. And we are eeluiiH
r+olv Tor IL. This old town OF Abingdon is
,cakinr mo. There are "a few lave men lh u
who forosfo what The carly future VIII ee-
mand here for large and active popuia-
zion engaged JOB manufactures ana ihe!
mn. securing Che necessary lands over
which the town moy spread ITSELF
The now certain construction oi inc ~"
| willie and East Tennessee haiilo"u t9 III.
/ FOL. passing Abingdon en- route VIII 5'.
/ tho benefit of railroad competuoh 10 "n ~.
| washington county. and that means q -iea'
/ daoI fo fine sagaciOus investor and manu-
ecfuror. But there is another locdil4 ~
washington county possessing natural "u
voufaoes for great industrial centre mo-
where coualed I'm the entire o0uth-Damas'
Inn Grayson county, va. and in Ashe' wa
fmva and Mitchell counties. n. Co. are MAJ
nofic steel making ores. as good as thoss ol
/ Lake SUPERIOR and Jon enormous Quahliles
practically cNhau-iie-s lof centuries ..
come and I'm johnson county, Ienn.' ah0 D."
Washington and -mylle, a~ oioWi -'l.,'''
utes and manganese ore cqua ny
and within am hours haul Oh I'M, ,,a, I Io'
/ D.f,...atf- ID. almost fv"ob4 HiluM"t "''
IAN" "' 800 -s the great cOking coal
lN'-n ,al Fifty miles distant by railway
I route. and these immense deposits of Bees
I semcr steel ores and unsurpassed iron ores.
such ores and such Goals are nowhere else
in America Boz close together, being within
less than one hundred miles of each other,
and bound 90 meet 40 Damascus. I'm the
I'D
manager of the great '"nini d" N"ih7 900
Jobusf0un. Ta. who spent days examining
ID ana ils surroundings in May. 1881: ia
ma.cus is the portal through which the
rich treasures of minerals and OF TIMBER in
! tine adjacent counties of Tennessee. North
/ Carolina and Virginia must soon ne reach
ed by railway lines The first OF these'
the Danyille and East Tennessee Railroad
will reach 10 before frost from TINS place.
/ Half the grading is done. and 1t Us only hi-
/ teen miles. Within two years connection
will be made with Danyille and Norfolk by
[ this line. A cross line there by the extern
sion of the Cripple Creek road IL
inevitable within year, ana an
extension tO Cranberry. with connections
] 90 johnson city. knoxville and thaiilnon-
"a. DO is the only locality in the midst of
| the iron regions Observation-Disclosures lf" water
eraden railway lines can meet 40 moderate
cost. luD town site DIS ae DraIilNl ~ ha-
lure can make b.. The waller is crystal
pure and SO abundant that seventeen
/ thousand horse power can Doe utilized in the
corporation. Building operations will com
mence in April. one of the first buildings
will De thirty-iiNo thousand dollar hotel.
! the plans Of which are about completed by
/ the architect. and the money provided by
/ the company. Private structures of yari-
GUS kinds viii Doe built this season.
I'm this enterprise only three Richmond
men yonturod $1,000 each in May, 1851.
! They can get $1,000 each now for their I'M
lerests, but by fan $1,000 20 100000. There
are still splendid openings in the town or
near 10 to- invest now, and make 100 per
cent or more per annum, by enhancing
values for several years 90 come. Mark the
predictions That % l0tt0n furnace year
viii coup at or within two miles of Da-
mascus for thc next five or ten years, and
halfoi them win De producing the highest
grade of pig for steel. Bristol, Abingdon
and Damascus Will all Doe cities like k0a-
uOke in less than ten years. and viii double
or treble the population Of Washington
county. A PIONEER.
Abingdon. Va. Mar. ID. $780,