The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-01

dalton for greater growth than was ever
before ~ the South, If not in any other
part of the country
THE EXPOSITION.
Standing out conspicuosly In history
will be the Atlanta Exposition ana .'ie
results which must necessarily now from
| that undertaking.
THE greatest good from the Exposition
viii be the stimulation into increased ac-
uvity OF the people Of the entire south.
Ouickened into livelier realization OF the
uuedualled opportunities which iheir sec
ton affords. stimulated by what has been
accomplished in Atlanta and elsewhere
the effect of the Exposition VIII De 10
double possibly quadruple. the aggregate
energy displayed i'm the active upbulldlns
of the whole South by the people OF the
South. The broadening influence Of such
an exposition upon the people OF this sec
ton. the educational effect which II has
already had cannot be measured.
10 marks not a single period from which
the industrial interest of the Southwest
Lcnccforth cate, but it marks new re
riod i'm a broader spirit OF patriotism for
our entire land.
Possibly the most important event In
! the industrial history OF the South for
many years was the recent award TO a
tract for two battlc-ships. to cost $780,
600. Nothing which has occurred. except
ing the Atlanta Exposition has more
FULLY emphasized the growing power Of
the South I'm the business interests Of the
country.
The Newport News ship-yard now has
on hand an aggregate Of over 5000 900
worth Of work-an amount which might
Justly be regarded as of great magnitude
for even such d concern as the Cramp
Ship-Building Company.
REVIVAL IN IRON.
The revival Of the iron business during
1895 put into operation many idle fur
naces. made a heavy increase in the out
put OF coal and iron ore, and at the close
OF the year the production Of iron and
the output Of coal is az "a heavier rate
Than at any former time in the history of
the South.
With all OF ifs iron and kindred inter
ests on basis now acknowledged
throughout the world Of the most solid
and enduring character. the future Of
these Industries ia the South is far more
promising than during the boom period
OF Few years past. when the world al
large had not cOmprehended the maeni-
Jude and the soiidity of the Iletallureical
interests Of the South.
Al the close of the year arrange.
inents are being completed for blowing
several other furnaces which have been
undergoing repairs and in the early part
OF the new year the already heavy pro-
ducuon Of iron m the South Will be
materially increased
Cotton Mills
Cotton mill building In the South i'm 1895
was phenomenal The aggregate number
OF spindles for new mills undertaken
during the gear AMI Tor enlargement
OF ~ mills, was, in round numbers,
about l'U0OOO, or probably twice as great
as ever before recorded in one year Dur
ing the year the Souths pre-emincnt ad-
vantages for this industry We're for the
FIRST time fully and completely admitted
by the foremost textile authorities of the
world. In round numbers. the south
has now, including mills in operation and
those under construction, or for which
the money has been raised about four
million spindlcs in sight all OF which
Will be I'm fun operation before the close
OF the present crop year The TIDE OF
population, which for a year or more
has been slowly turning southwark has
sweiled during the past welve months TO
great magnitude
IMMIGRATION.
Through the North and West thousands
Of people are turning southwark, and
the outlook indicates that within tho
next few years as many settlers from
outside Will come into the South as went
into The Northwest fifteen or twenty
years ago. when that country was being
opened up TO civilization.
The old year has wiped ont many OF
the scares of the business disasters fol-
lowing the panic 1t has cleared away
much of the uncertainty OF the past
and given the South an opportunity to
demons n to 10 the world the inherent
SOUND OF All It's business interests
and owe, and have this proof every
where accepted. that no other section OF
this or any other land offers such phe-
nomenally favorable conditions for the
support OF a great population, the devel-
Opment of industrial interests and the
creation OF wealth.
In brief. such has been the record Of
1890
The new ye6r opens with every as
surance that despite the uncertainty
which overhangs the country because
of financial affairs. and OF the Nene-
zuelan situation, the South. al least
will move steadily forward. and In 1896