Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1892-12-08
nuslNnss tN nue. onrn.


Man During "A Recent Trip.
William Il. Brinckle, of this city has
just returned from an extended tour of
investigation through Virginia, North
Carolina, South Carolina, Alabama and
Georgia. lie was accompanied by John
Q. Calhoun, of New York, late vice-presi-
dent of the Richmond d Danville railroad
system, 1000 miles in extent, and Mr.. Il.
NJ. Is. Ialcott, late general manager of the
same. Mr. Calhoun by the way, is grand
son OF the great southern statesman
Mr. Brinckle, in an interview, gave some
interesting information about his journey.
lie reports the financial situation in the
south rs much improved as compared
with the depression existing for over two
years past. Industries are starting up
and idle furnaces going into blast The
cotton crop, which is not yet all gathered,
Is estimated at G.5JoM0J bales. over one
third OF which is still in the planters
hands At present prices this would
amount to about 1925, 100000. The ad-
vance in price during the past 60 days
would mean over S6J,0O9,O1O. This vast
amount of money means increased pros
nerity and material development of the
south southern pig iron has advanced 50
cents per ton at the furnace, with Il pros
poet of still further advance, which has
greatly encouraged the furnace men.
he era of development in the south,
Mr.. BrlnCklc says, seems To be commence
ing again, and northern capital has com
menCcd to move south. There will be no
repetition of the blooms which have
done so much to injurc that country.
Money has been lost there BY unwiso
speculation, but judicious investments in
the south in my opinion will return good
profits. The trains running south are now
carrying northern ana eastern CAPITALISTS
who are investigating the situation for
themselves.
4 4.
manuiacturlng at the south. In Augusta
alone saw nine large cotton mills, using
SnpDO bales of cotton annually. Columbus,
ia, is also large cotton manufacturing
town, and Graniteville, S. O., has II num-
Der of cotton mills. Both of these states
are large cotton manufacturing districts.
There can he no question that in time the
bulk of our cotton goods Will be made in
the south.
In the town of Piedmont, Ala, there is
one of the finest cotton mills of its size in
the south. 1t is the COosa Manufacturing
Company of which Mr.. Jacob Barlow of
the Barlow IL Thatcher Spinning Company
OF Henry Clay, Del, is president aud resi-
dent manager. The mill was designed in
the most modern style by Boston mill
architects, and contains the very latest
| American and English machinery. MIR.
Barlow very kindly showed us through his
| mill. 1t runs 6,OU0 spindes and he is in
Producing 5000 more They are about to
| put in an engine of double the power of
the present one, and il is likely the mill
| Will soon he duplicated. | understand
they have orders for many months ahead
| Their yarn, which is said to be the best
made in the south, is all shipped to Phila-
| delphia understand these mills are all
making good profits,
THE Nicaragllan canal is exciting much
| interest in the south. To them it means
| 1f ar1.o Fnp
their manufactures and products. A con-
| yentlon on this subject is now in session
| at New Orleans, with delegates present
| from every state in the Union
Mr.. Calhoun has large interests In the
| south, of which he Is a native, including
his large cotton plantation in Arkansas,
on which he made 900 bales of cotton
last year, and is much gratified with the
| prospects for the future of the south
| The physical condition of the southern
railroads over which we Travelled was as u
general thing very good-good road beds
and heavy rails We spent two days as the
guests Of Col. Bale receiver of the east and
| west railroad OF Alabama, on his private
car on an inspection of the road and the
iron and coal properties on its line; also,
| as the guests of Col. Tennessee president
| Georgia Railroad and Banking Company
on trip over his road. This is one Of the
best roads in the south, Y miles in length,
running from Atlanta to Augusta. This
road has no bonded debt, as it was built
entirely by subscription, pays large divi-
dends, and is said never to have killed a
passenger, although the rate of speed is
much greater upon these roads than III our
own lines here.
1.-THE Richmond & Danville, Georgia
Pacific, Georgia Central, Western & Allan
tic, and East Tennessee, Virginia &
Georgia Roads are well equipped with
rolling stock and have good tracks"