Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-09
Carital Ginning.

A great deal Of capital is being brought
into This State. Non-residents are begin
ming TO learn something Of our resources
andare finding that here ere feldsforinvest-
ment which afford good security and give
promise OF largo returns. For years the
people of Virginia tried to enlist the atten-
ton of capitalists, but either we did not
proceed Alright OF the occasion was not
ripe, for the world was Indifferent to our
representations.
We are glad 10 say that all this has been
much changed of late and largely through
the efforts of the Chesapeake and Ohio
and Norfolk and Western railroad compa-
MES.
individuals and private corporations
have done a vast deal 1--WE know some that
have brought millions here; we know
others that will soon do the like, but we
think the general public will cheerfully
admit that the greatest and most effective
work has been done by these two great
companies.
They want to build up the country, well
knowing that TO have their roads lined
with factories and furnaces is TO insure adj
ditional freight and passenger traffic for
themselves, and to this end they have made
bold ventures, most of which have now
passed from experimental to successful
stages.
Money by the million has been brought
into Virginia within few years. More IS
coming. Northern dnd western people
both begin to see our advantages and are
DESTROYS TO come in on the rising tide OF
prosperity. Englishmen, too, with whom
we did business for more than two CEN
turies and between whom and the Old Do
minion there was always a bond of afiec-
ton, are learning Of the great banks OF ore
in our mountains and Of the extraordinary
facilities which wepossess Of manipulating
and marketing our products.
The present citation of the people in our
mineral country is due to the recognition
the world is giving them. Their lands
have heretofore been dirt cheap because
buyers IN their ignorance and indifference
would not so much as give a glance at
them. Now good properties command
fair prices, because experts have exam
ined them and pronounced them deposlto-
ries of valuable ores. We are at last about
to enjoy something Of the prosperity
which for many years has been the por-
ton Of States not so well endowed by ma
ture as Virginia.
We have delicious climate-not fer
enough northward to be swept by the
savage gales of winter; not far enough
southwark to be blighted by feyer-heats,
and on one of the most beautiful seaboards
in the world, with On air so equable that 1T
is q health resort for invalds in the winter
as well as in the summer.
Yes. old Virginia is forging ahead. She
is beginning to acquire capital, and Is fast
developing her latent energy. We but
needed the impulse which capital could
give and has given.
Out from Hampton Roads and our two
chief seaports, Norfolk and Newport News,
extend the two great railroad systems to
which we have referred. New towns dot
their length. The sound of saw and ham,
mer IS unending. The smoke of the fur
naces gives perpetual Indian-summer
coloring TO the skies.
1t is not a new Virginia. 1t is old Virgil
MIA aroused and throbbing with activity
and fred with ambition TO succeed in those
directions which can make her as famous a
power in this day as her great men made
her in other times.