The new dominion. [volume] (Morgantown, W. Va.) 1876-1904, 1891-10-31

were paid on coal and coke, which
are produced ii large quantities IN
that neighbornood, but still the gen
eral business Of the place paid over
81 600 per day exclusive Of coal and
coke shipments The volume Of
business transacted in the place
may be estimated by the hank state
ments which showed q business of
over SIS, 900 last year. This town
enjoys exceptional advantages in a
business sense The Camden system
Of railroads which penetrates and
opens up so much of the interior of
the State has its terminus here, while
the F. NJ. " p, branch ofthe Balti-
more and Ohio Railroad, which ter
inmates at Morgantown, % miles be-
low Fairmont, is quite a tender in
commercial way to the town. but it
does large business independent Of
these advantages. The coal and
coke production of the region cen
tiers at Fairmont, and this in itself
is no mean element of business pros
perity. Where some years ago there
was little indication of great indus
trial enterprises, hundreds OF men
are now engaged in coal mining, and
villages and towns have grown up
around Fairmont in consequence Of
this development. The merits Of
the coal and coke product have so
far commanded it for general use
that the output is no longer limited
by the local demand; it has become
simply matter of transportation
and capacity of plants. Capitalists
realize this and are anxious to in
vest in coal lands in this section.
CAPITALISTS BUYING UP COAL LANDS.
Large purchases have recently
been made in and around Fairmont
which assure number Of additional
plants aud the employment Of cor
respondingly increased number of
men. Some of these purchasers, by
the way, are Pennsylvanians whose
success as practical coal operators
guarantees that they know what they
are doing when they invest in coal
properties in our State Among
these investors is Nj. Saxman, Jr., of
Latrobe, who has bought 5000 acres
of coal within mile of Fairmont;
Senator Don Cameron, Prof. Nc
Creath, and other Pennsylvanians
have bought great deal of coal
near the town. These purchases do
not include the extensive acreages
bought by the Davis Elkins syndi-
cate, composed of ex-senator II. G.
Davis, s. b. Elkins, James G.. Blaine,
Senator German and other, who have
bought coal on the west side of the
Monongahelar river embracing several
thousand acres, nor the Camden
Company, which has $4,000 acres
lying on the south of Fairmont. and
own the largest coal and coking
plant in the State at Monongah.
All these contemplated and actual
works are and will be dependent on
Fairmont as shipping point and
base of supplies"
what have YOU in West Virginia
besides coal?'
RESOURCES IN COAL AND TIMBER.
" Everything; we have oil and gas,
the finest of grazing and agricultural
lands, blue grass growing naturally
to the very finest hard and soft wood
lumber regions in the United States.
These timber sections are penetra-
ted by both the Camden and Davis
systems of roads, and there is new
in course of construction on the line
of the Camden road on Williams
river a sawmill plant to cost $780,
600, which will saw 100000 feet
of lumber year, and the projectors
Of the enterprise expect to realize
from it profits aggregating $4,000
annually. Do you want me to speci-
fly further?"
mo. Have you any iron ores
that could be brought to Pittsburgh
eyes, not only the iron ores of the
Southeastern part Of our own State,
but the rich and inexhaustible beds
across the line in Virginia, which
will be reached by the Camden road
when its connection with the c. q
o. r. R. is completed. As / have
intimated, Pittsburg would be a
natural market for this iron ore and
our timber, and would have a magnif-
icent trade as result of the business
growing out of the development"
Governor, could yon estimate in
dollars and cents the value of this
trader"
"Well, no; but it is clear that a
business connection that would
bring Pittsburg within convenient
reach and touch of State of nearly
100000 people must attract here
trade that would contribute immeas-
urably to Pittsburg's volume Of bus
mess"