Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-03-25

feF one 20 essmias Ina lisa annual report
~ The directors % he convinced that ne
C0mpany hiss been managed with
The greatest prudence and sassniiy.
The moving spirit % the eoiHpsey u Judge
]. NJ. Qu4flcs. bone one n6s said that the
secret 81 Basic CitY's succcss lies vefy
greatly IN biz unerring Judgment and the
guioknes. With witch be ac's up9n ~.
Judgment. bot u can be also aaid that
much Is due 10 all the officers and direc-
tors.
The region around Paste City Is remarka-
bic Tor ifs hcal.hfUiness, and this fact. To-
gether with the Li.hia Spring. can hardly
fail 10 make the place popular summer
resort The water IN tho Lithia Spring
boils up az the rate Of thousand gallons
per minute and forms a beautiful lake.
The region Is noted for its freedom from
catarrhal. pulmonary, and rheumatic
troubles. distinguished physician says;
with n moro perfect natural drainage;
and less rainfall during tho autumn ana
winter months than Is known in the lati-
tudes further north. and exempt from the
sudden and severe climatic changes. ana
the harsh blizgards of that section OF the
Union. Basic City Offers in all seasons OF
the year that degree of outdoor exercise
which affords an almost absolute immunity
against disease. Lung diseases lose thelr
identity when they come IN contact WIN
the mellow sunlight and healing atmoS-
phere of this section. Kidney affections
rarely occur. epidemics are practically nm
known, and chronic malaria Is quickly
eradicated from the system. Nervous
debility from care. worry and excitement
and general prostration from oyerwork;
confinement, and sedentary habits yield
readily to the caress Of the tonic breezes OF
the pure atmosphere of this wonderful To-
cality. Visitors cOrroborate what the resi-
dents experience-that we have the most
equable, the most pleasant. the most en-
Joyable, and the most healtnful a.l-the-
year-round climate in the world"
THE FURNACE.
But the great focal point Of Basic City Is
the furnace. Ii Is only question OF time
when there will be grouped around this
stack number of other furnace-stacks
and hundreds of dependent iron INDUS
tries. Basic City is a reservoir into which
will naturally flow everything neces-
sary for IRON and steeLmaking. The
iron ore accessible is inexhaustible,
the doors. Within a radius of forty miles
every class of ore il found and the pro-
ducts of three cooking centres can be COM
handed. The ores Immediately adjacent
to Basic City assay from As TO So per cent.
of metallic iron and the quality OF their
product has passed the test of the expe-
rience of nearly O century. These ores can
be placed at the furnaces of Basic City at
cost OF between 81 and 81 per ton.
OTHER MINERALS.
Five miles north of Basic City are the
celebrated Crimona manganese-mines and
ochre, moulders' sand. fre-clays, and
almost every other mineral Of commercial
value abound at or near Basic City.
A careful student of the situation in the
Southsays: II am ofthe opinion that steel
ship building will be an important indus
try in the South in few years. Let the
capitalist bear this in mind and remember
that Newport News, one of the direct ocean
outlets of Basic City, over the Chesapeake
and Ohio railway, is now having pushed
TO completion by Mr.. G. p. Huntington
mammoth ship-building yard, represent