Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-27
BASIC SPRUCING UP
AND GETTING READY TO WELCOME A
BIG CROWD IN DecEMBsR.
~ Renent Editorial vfsit-An EnerEssins
r1see-rhe Progress Of Building
vaiuss--Ssencrai Notes.
BASIC CRY, November %. 1890.

Basic tlty IL spluClng up iot hio bAo"s
sale that Is to take place here on the Sd
and 4th Of December. Tomorrow the
Hotel Brandon will be opened, and by
the date OF sale there will be every &C
commodation for visitors to the City oil
the Iron Gross. A few days ago we had
Q visit from the Virginia editors, and it
was the general opinion that there was
grand industrial prospect for the place
The Basic City Mining, Manuiac-
turing, and Land Company have every
reason 10 anticipate that there will be
large crowd here on the Sd and 4th, as
Inquiries as 10 the advantages OF
the place come from all quarters.
As all roads lead TO Basc City
30 all ewes are turned upon 1t,
and all that is asked is that those con
templating investment make a personal
inspection OF the city's site and its sur
roundings in the way OF agricultural
lands and mineral properties. Such an
inspection is sure TO convince the most
skeptical that the place is upon solld
foundation and that the iron cross has
been put here TO stay. and to attract 10
il large population and a vast deal OF
capital.
IN THE CURRENT.
To come here is TO get into the current
of progress and to he inspired with the
desire 10 work. Although, as / have
said before, the place is only SIX months
old. il is a hive of energy, and cannot
but wonder what some of the old VIr-
pinians would say If they could wake
from a Rip Van Wrinkle sleep and gaze
upon il. They would marvel much,
but they would be gratified almost
beyond expression. One OF the most
plcasino features about Basic City
Is that IL illustrates in Its best
light the energy of the southern people
and whenever | stop here | wish that !
could bring along train-load OF those
who are so fond OF talking about south.
ern. and especially Virginia, lack OF
push rs think good many OF my load
would be inclined 10 invest IN co-opera-
tion with Virginians.
FOURTEEN.
Fourteen industries with capital OF
over $1,000. 900 is the record for SIX
months, and yet the work OF develop,
ment has hardly begun. The noise OF
the trowei, the hammer, and the saw that
preets one on every side as the Work OF
rearing furnaces, factories. stores, and
dwellings goes on is but the prelude 10
the concert OF industrial sounds that Will
be heard some SIX months later. speak
within bounds, think, when L say that
daily the evidences multiply to point 10
a large city here within few years.
A DKMAND, ANYHOW.
But should Basic City never have an
other industry in addition to those
erecting, the purchase of lots at the
coming sale would prove good
investment. Aside from the number
of dwellings that will be neces-
eary to accommodate the skilled laborers
that present manufactures will bring
in and their families there will, iterate,
be demand for sites for residences Tor
others. This is a valley OF plenty, a
valley OF beauty, a valley OF health,
which when it once becomes thoroughly
known will be valley OF homes. The
day will come when outside OF Basic
Uity the mountain slopes will be dotted
with residences-a condition OF things
which will result not only from the
natural attractions of the country but
from the accessibility of Basic. Where
is there place that has more ADVANTAGES
of communication with all parts OF the
that / have forgotten one very important
item in calculating upon the future popu-
lation, even taking only the Industries
approaching completion as the basis Tor
figures. When these industries shall
have been completed the importance OF
this place as IA railroad centre will OF
necessity be tremendously enhanced,
and it will require small army OF rail-
road employees to attend to the business
OF the furnaces and factories alone.
COMPETING FACILITIES.
Another point it is competent to dwell
upon as enforcing tho argument that
Basic City offers superior advantages for
sites for manufacturing establishments
Is that it has competing lines OF railroad
/ learn that the proprietor OF one of the
plants located here advanced this as one
of the prime reasons for his action
and | can well understand that Others
may have been similarly influenced
Competition is the life OF trade, anC
competing facilities for railroad trans
portation are the life of factories, in so fal
AZ their life is involved in dlstri
buting their output throughout TIT
country.
BIG PER CENT.
In one OF my letters from this place
called attention to the fact that pun
chasers at the first sale OF lots by tn
company had realized from 100 to 100
per cent. on their investment. Som
may think these are astonishing figures
but what will they say when told tina
there has been no wildness IN the pre-
r.r.y transactions ut Basic and the me
who gave such advance prices knew eN
actly what they were dong. And tn
being so what shall be said OF the pro
pect for advance when the factories sha
all have been finished and are in fu
operation, and the extensive system {
grazing uuu ecNcIuSO hbSfNN Out y
the company shall have been fully pc
fected? IL any one doubts that the il
creased prices paid for property bougl
Mt the May sale of lots-the first sale
the company-was not the result of car
full consideration of the outlook, let hi
come here and investigate the situate
for himself He will see good. solid re
SONS for the advance.
CHARACTER OF BUILDINGS.
The buildings that are going up
Basic City are Of the most solid and su
stantial character, and the general il
provements going on are being ma,
with every view TO permanency. In {
respects they are of a character to e
nance the value OF oil the property CO
tiguous. There is 10 clap-trap busine
about anything the company has done
proposes TO do. Irrespective OF I
high character of the managers OF I
company. they have everything ut sta
In the premises--in the improvement
the property on scale commensurs
with the possibilities OF great CT
They are building for the future as W
Us for the present.