The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-04-21

II we add the parent company to this
list we nave a grand total of nearly
$1,000, 600 in capital and tho guarantee
OF remunerative employment for at
least 1000 hands. This is indeed
progress, and evidences tho confidence
of public opinion "a stronger factor in
securing capital and enterprises than
my opinion') in the future of Basic
City.
These magnificent results have been
achieved in the face of the prediction Of
old fogies and doubling Thomases that
a city could Lot be built at the juno
ton. Samuel Forrer and Judge j. M.
Quarles, however, knew q thing or two.
The first mentioned knows moro about
iron than the average man about wood.
and he knew that all along the base of
the Blue Ridge, which forms above
Basic. there was an i~nexhaustible sup
ply OF iron ores. His word carried con
vlction with it, and Judge Quarlcs
10 )ked after the rest.
by the way very few people would
nave admitted twelve months ago that
there wa material in Judge Quarles for
the making of one of the most success
full booming and town builders in the
South. He practiced law in Staunton,
was elected judge of Augusta county
court, resigned to go into bust
ness at st. Paul, Mimi, but his love for
virginia brought him back to aid in the
grand work Of her material develop
ment and progress. The success attend.
ing his management of tho Basic City
Mining. Manufacturing and Land Com
pany has exceeded the most sanguine
expectations of h stockholders, and
when, at the last annual meeting he
rendered his resignation to seek needed
rest, he met with an emphatic d~eclina-
ton to consider it, coupled with the as
suranoe that he could have all the assis-
lance he desired to tighten his burdens.
Tho policy OF this company is very
conservative. Property IS low at Basic.
compared with some towns with less
thar half disadvantages. Judge Ouarles
oiscourages anything like wild specula-
lion and high prices. and 1t is to this
pollcy mat investors are indebted for
a good bargain in every lot they have
purchased there.
The Basic City Advance, edited by
James Ii. Lindsay, who is assisted by
f. E. Role, THE TINES Basic City cor
respondent, has been n powerful factor
In the upbuilding of the town. Itkecps
the advantages and resources of it's sec.
ton constantly before the world, and
d room 10 say a good word in every
:'NO iOI oIuer valley towns. 1t has
time and again told in plain. unvar.
nished statements of the wealth of iron,
manganese, stone, timber, ochre, lumber
AND other sources of wealth surrounding
Basic, which sits enthroned as a Young
queen in n of tho most fertile ard
beautiful valleys of this country.
AS hereinbefore stated. this Young
city is at the junction of Virginia's two
great trunk lines of railways. In order
to secure the advantages Of further
competition tho belt lines. constructed
n owned by tho Basic City Mining,
Manufacturing and Land Company, will
be extended to the Valley branch Of tho
baltimore and Ohio. about Twelve miles
distant.
Visitors to Basic City will find our
Drlef sketch OF its progress in no sense
overdrawn. Much more could be added,
but time and space are not available for
the extended notice the thrifty Young
city deserves. Building manufacturing
plants hero has created a demand for
labor, skilled and unskillod, and it in
turn. a dQmani for .,-o.-l ..t