The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-12-08
PROGRESS OF THE SOUTH.
Visiting Capitalists at st, Augustine
Foresce n Great Future.


Foresce n Great Future.
ST. Augustine Fla, Dec. 6.-Among the
guests arriving here Saturday night are
A. w. and Edward Green of New York
These gentlemen, especially A. w. Green,
are extensively engaged in milling inter
ests in the south, and are now en- route
for a season of fishing and hunting at
Ponce Park, charming sportsman's re-
sort off New Smyrna. they having cut
lose from the rest of the distinguished
party of capitalists, who are now finishing
their tour of inspecting cotton mills in
South Carolina, Georgia and Alabama I'M
der the guidance of NJ. V. Richards, head
of the Southern railways Industrial de-
partment
When asked fer his reasons for cotton
being lower than since 92, Mr.. Green said:
why, it's a simple problem. With two
sellers and one buyer prices go down; but
with one seller and two buyers prices go
up. There's too much cotton for the de-
mand."
Replying to the question what first in
duced capital to come south and invest in
cotton milling?" Mr.. Green said Capital
lists saw that the south was the land Of
cotton, and that all the conditions favored
the establishing of mills. This has been
fully proven by the many millions invest
ed in the south
Our party was delighted with the
changes made during the past ten years.
Practically the southern people have been
starting anew; the mill people are as will
ing to work in the south as down east and
we saw this reflected among the people in
the towns where there are industries
MIR. Green says he don't know where
capital viii stop in the south, for there are
so many opportunities for good paying in
vestments that it-Would not surprise him
if his agents had not grasped his ideas of
what he (and his party) gained on their
tour and had started 10 invest largely in
Georgia and Alabama. Mr.. Green pre-
diets a still greater influx OF northern and
eastern capital into the cotton raising
states during the coming two years.
Henry M. Flagler accompanied by his
friends, Mr.. and Mrs. Gabe Holmes Mrs
w. r. Kenan, Miss Kenan and Miss Sa-
rah 6. Kenan of Wilmington, N. c., left
the Alcazar this morning en- route to Key
West, with brief soiourns a Ormond and
the other interesting points along the east
coast, where he has interests. Mr.. Flag
Ter is on a pleasure trip this time, and is
giving his friends a two weeks outing in
his special car.
Miss Kenan, who has before been Mr.
Flaglers guest here, fairly won the ad-
rniration of the large assembly in the Me-
mortal church yesterday with her delight
fully clear and correct soprano voice 1t
was an unexpected delight to the gather
ing
Miss Julia Dismukes. daughter of Mr..
and Mrs. John T. Dismukes, president Of
St. Augustine's national bank, will ac-
company Mr.. Flagler's party back to Will
mington 30 be the guest of Mrs. Holmes
Miss Dismukes is young lady Of remark
able beauty and captivating manners, and
viii no doubt enchant the Wilmingtonites
as she has every other social circle graced
by her presence. Mr.. Flagler's appear
ance indicates the best of health and tina
the charming company with him drives
exacting cares away. 1t is seldom the
multl-millionaire toiler has a vacation.