The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-18
A BRIGHT FUTURE.
The South Should Now Graphic with
Problem of Industrial DcyelOpmct.


BALTIMORE. Nov. lL-Special-Tse
results OF The election having demon
strated what the policy of the country f.
TO Doe for tine next two years az least,
business men of AN sections may now
plan for the future. WIN rapid in-
crease in foreign trade, tue broadening
OF The market for manufactured goods,
Increased railroad earnings and SUBJ
efaufial basis Tor all business enterprises,
tine time bias come FOR "a steady advance
lu industrial persuits. There is every
reason 10 believe. says the Manuide-
tuners Record. chat Wo have before us
period OF far-reachlng business activity
and of tremendous expansion OF every
line of manufacture. Tile South cannot
afford To- miss this opportunity. Win re-
ncWod energy &c should grappie with the
problem Of industrial development, real
izine that agricultural prosperity can
only De secured through the uppuilding of
industrial interests AS We extend our
manufactures. open new mines, urNelop
and make profitable railroads. We create
new markets fOT labor and for the di-
vcrsi1ed products of agriculture. Then
the over-pr0ductiOn of cotton would soon
regulate itself. and Southern farmers
would ind the prosperity iOF Whic- .At.
have long looked. Let us turn our At-
teuuon to business. Jet every energy
Dee bent toward developing our vast and
as yet scarcely touched natural resources
and. forgetting the past. press forward
with renewed activity and determination
and make this favored section The most
progressive and prosperous region on the
face of the earth. This is in tho power
of the people of the South viii We rise
20 the occaslon2'
From the centre of the iron industry OF
the South comes the news almost daily
of plans 90 do this very thing. the con-
tinued activity for export Is the feature
of Southern iron at present. sales OF me
leading interest al Birmingham for IoI-
eign trade have averaged l,0V tons q
DAY during the present month. The sales
of other interests have averaged ABOUT
half of this. ocean lines are deFouns
more attention 90 che development or this
trade. and room D. now ouercd by tnou-
sands of tons. where d. formerly was
dificult 20 secure for 90 few hundred.
New Orleans has frequently had the
lions share Of this business. but as pies
emit Charleston Savannah and Pens icold
ara broadening their facilities for hand
ling iron shipments and diverting the
business their way. The advantage OF
Birmingham as "a site Tor export IRON
trade and it's branches Is Indicated by
the determination of the AddystOn Pipe
Works. OF Cincinnati. TO build large
plant I'm the Alabama city. which Will
probably cost $4,000 or more. In addi-
ton 10 The pipe works there VIII be a
foundry and machine shops, and also
plant for the working OF steel. In add
lion 20 the saving of freight on the raw
material. the products viii gain IN the
freight rate 10 the seaboard. and. there
fore will be able 10 land al European
ports 10 greater advantage This means
a great deal I'm the developing trade with
Mexico Central and South America. and
that To be extended 10 the West Indies.
The most important Industrial an
nounoor,ents Of the week. as reported
bv the Manufacturers Record. We're as
follows. Si00o00 cotton yarn mile AT Mo
bile. Ala. $4,000 pipe foundry at Biz
miurham Ala. $4,000 electric power
plant NJ Gadsden. Ala: $4,000 by-product
chemical works az birmingham Ala:
500 900 LIGHTING and heating company at
pine Rimff Ark; $4,000 stave mill at
Texarkana Ark: company 20 develop
Soa0A acres OF land IN North Louisiana.
500 90 water works ana electric plant
and san 40 sewerage system at Monroe,
La; 500 coo botle-cap Factory at BaIu-
more. Nd: 10000 liquor company at
Baltimore. ND; S1'uD golo-nining com
many az Pout Mountain, ". c.: 5000
splndle cotton mill at Clover, :. c.;
4 o00 snuf factory at GAINESVILLE. Tenn;
s15 600 candy factory at Chattanooga,
renn N coke ovens at soddy. Tenn:
eos .o water works at Mckinney Texas:
SIC coo electric company at Waco, Texas.