The Daily Texarkanian., 1894-03-01
NO. 158.
THE SOUTH ADVANCES.
Southern States Declared to Afford
the Fairest Field For Investment.

Southern States Declared to Afford
the Fairest Field For Investment.
The United States investor re-
CARDS the South as the coming field
for investment and declares that
one of the most encouraging signs
OF the times is the frequency with
which inquiries are raised regarding
| the South as a field for investment.
The great losses which have been
sustained in the last few years by
persons who invested their money
in the West have occasioned the
fear that investors had been so
greatly crippled as topreclude any
activity in investments for a long
time to come. The inquiries which
we have encountered lately regard
ing the South are a welcome fea-
ture, not only because they Indicate
that a section of the country rich
in material resources is perhaps on
the eve of receiving the aid of out
side capital, but also because they
show clearly that the lack of activi-
ty in Western investments is not
due to an absence of money for the
right kind of purposes, but in
large measure to feeling on the
part of persons who have money to
spare that, for the time being it
will be advisable to move slowly
along the old lines. And this, on
the whole, is a feature which can
not help encouraging the West as
well as the South; for the west is
still able to present many attrac-
tions to conservative investors, and
if, as there is every reason to sup
pose, a large amount of money will
soon be seeking investment once
more, the West will be sure to OBJ
tain it's share of it. Not an aban
donment of Western Investments,
but a more rational manner of en-
ploying ones money west Of the
Mississippi river will be the order of
the day.
But leaving the West entirely out
of the question at this time, the
time is fast approaching when the
south will be a favorite field for the
Investment for Northern capital.
The New England and middle states
have for long time been in the
position of old countries, having
more accumulated wealth than
they could employ at home An
outlet must be found for this. Not
only for this reason does the South
promise to be an attractive field for
investment, but for another which
may not, on the first glance be
welcomed by large part of the
population Of the north We refer
to the fact that in the opinion of
good judges, many industries now
carried on in the New England and
middle states can be more advan-
tageously prosecuted in the South
or nearer the supplies of raw ma
terials. In pursuance Of this idea
certain Massachusetts corporations
have recently asked for increases in
their capitalization for the avowed
purpose of erecting plants in the
South
Comparatively speaking, the
south is in better condition today
than many other sections of the
country. 1t had its "boom," but
the collapse occurred some years
ago, and as business has been con-
Quoted on conservative principles
ever since then, the panic of 1893
was much less keenly felt in that
locality than elsewhere. Conse-
quently the feeling of discourage
ment is not as great there today as
in the West and North. Then, too,
the south had a good cotton crop
in 1893, and fairly good prices were
obtained from it, in contradistinc-
tion to the exceedingly low prices
which farmers in other parts of the
country have been and are getting.
Therefore a business revival may be
looked for in the South as quickly
as anywhere else, and this fact Of
itself, to say nothing Of its special
inducements to investors, is likely
to command the attention Of the
possessors of money throughout the
entire country.
Cnp,at Dila Dan,a1tt ~u,ac