The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1895-08-27
SOUTHERN DEVELOPMENT.
A Scheme to Induce Immigration-
A Corporation Which Proposes to
do q Great Deal for the SOuth.

SOUTHERN DEVELOPN1ENT.
| "A Corporation Which Proposes Il
do Great Deal for the south.
The following circular letter has
zens in this State:
Dear Sir: Capital, which for years
forced the tide OF immigration to the
| West, strenuously resisting all efforts
| to divert 1t Southwark, is now turning
its attention to the latter section as
| affording the best promise for invest
ment. immigration will follow. II
must be intelligently controlled, guided
and disturbed.
In June. 1894, number of patriotic
Northern and Southern business men
formed the "Soutbern Exchange AS
sociation," q non-stock, disinterested
institution, to aid in directing and dis
tributing settlers, as well as facilitat-
ing the movement of capital, encourag-
ing the establishment of manufacto-
ries and increasing and improving
transportation.
The plan of that association was q
mixture of sentiment and business,
with patriotism predominating. 1t
was the result of ideas not then suf-
ficiently matured and the outcome
was satisfactory in that there was
accum ulated, in New York, vast
amount of information both as to prop
critics, resources and possibilities of
the South end inquiries from the
North and from abroad, but without
available means of accomplishing
results. This failure accrued from
the inability of our people to establish
proper bureaus in the South. They
could not afford to give their time and
labor to this without reasonable COM
pensatiOn.
This association served, however, to
provoke thought that is about 10 crys-
talize into an organization based solely
upon business principles, to be known
as the Southern Development Corpora
tion. Only limited number of South
ern States have as yet been given Op-
portunity to come within the scope of
this movement, one of which is South
Carolina. This appointment in itself
demonstrates that South Carolina is
highly regarded as field for opera
tions such as are contemplated, and t
also means the prospect of rare bene-
fit to this State. In order to finally
secure the place thus offered her
among preferred States, 1t is necessary
that she subscribe at least $4,000 in
preferred stock Of the corporation.
Alabama, Georgia, Mississippi, Ten
nessee, kentucky, Louisiana and
Arkansas are promptly availing them
selves OF similar opportunity and
South Carolina cannot rcmain in the
background.
In recent communication, Capt.
Hugh II. Garden Of New York, says:
"Ali unite in the opinion that the
establishment of a market in New
York and Chicago for Southern busi
ness enterprises can only be done by
the combined effort of the Southern
people interested in the sub. .ect. New
York will respond when it is satisfied
by substantial Southern combination
for that purpose, that the South de-
sires such market. 1t will take 70
interest in the matter otherwise and
while Individual effort accOmpliShes
something here and there in the South,
the wisest business and financial men
declare that q vast amount OF money
and energy is now being wasted in
that direction. by individuals and firms
which, if combined to establish a
market where capital and settlers are
to be found, will bring great profit to
the organizers and rapid development
of the South. This is the opinion Of
such men as William Butler Duncan,
Frederick p. Olcott, Stuyvesant Fish,
William Clarke, Chauncey F. Black
and host OF other Northern men of
equal prominence. One of these
gentlemen said he would be one of
twenty-five to subscribe $1,000 to $lO,-
600 each to the capital of company
organized upon u proper basis to carry
out such work and that under broad,
vigorous management it would sue
ceed.
,.,;1l hn ~
| pected to bring to the company the
most attractive business in his terri.
tory an agent at the North will be
expected to bring to the company the
best people who are looking for or can
| be induced TO make investments in the
South of any character or description
| "The New York and Chicago oilic
| will be places for arrangement and
display, and for affording accurate n
formation respecting the business
| which is offered
| After various conferences with East
ern capitalists ard Southern business
men, and a very careful consideration
OF the whole matter, we feel convinced
that the proposed corporation will ac
complish its purpose and that the IL
telligent business men of South Caro-
lima will appreciate the enterprise AZ
good investment, Independent of thu
great good to result to our State. We
therefore beg that you will bestov
upon the enclosed rrIsp' ctus earelu
study and give us your cooperation a
we'll az u subscription, which. you vii
note, is conditional. Yours truly,
j. II. BARRON, Columbia, S. O.,
A. G.. FURMAN, Greenville, S. O.,
p. NJ. RICHARDSON, Columbia, S. c
|
Ganorol Jnhn u Imbolen th