Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-02-11
SOUTHERN DEVELOPMENT.
NORTHERN CAPITALISTS INVITED
TO MAKE PERSONAL INSPEC
TION

The following letter has been sent out
by the Board of Trade of Southern
Pines, n. c., to hundreds of Northern
capitalists, farmers and manufacture
ers:
Southern Pines, N. c., Feb. s. 1899.
Dear Sir
The development of this beautiful
Southland should be the desire of every
true Southerner and to that bend all
MS energies. There is no doubt that
II Northern capitalists, who are ONLY
getting from 2la to 1 per cent. on their
money, were brought face to face with
the endless resources OF this land OF
sunshine. and made TO see the safe and
staple investments that can be had al
much higher. yes double the rate of
interest than at the North. it would
only be question of time before This
southland section would be among the
ricnest ana most prosperous in the
Union.
invitations have been sent on. To a
large number of the most prominent
Northern bankers and investors ask
ing them to meet you Southern people
at southern Pines in n business way on
the lSth day of April (and attend the
banquet tn be given at the famous
PlneN Woods Inn" Il hotel at this
place. ON the 10th day of April next
Tor the purpose of discussing Southern
investments. The residents of Southern
Pihcs, n. c., being settlers in the
South from Northern States and having
ca'ed IN ana quilt up this prosperous
CITY III the South where We and many
other Northern men have seen ii dem
ohStrated That money invested in the
SCUM can be made 10 yield larger re-
turns than that invested in the North
ana desiring to cooperate with all good
southern people in the work of the de-
Veiopmeht OF this Southern section OF
the Union, the people of this place have
joined III a general invitation to their
friends OF the North to meet at this
place, the business men of the South on
the lSth day of April next. If YOU will
be present on that day and make known
TO Inc Northern financiers the chances
you locality affords for the manufac-
turtles of cotton, furniture, clothing
wooden ana stone ware iron and steel
manufactures, and in fact the total
lihe ol manufactures that have made
Inc North rich and powerful Won will
only perform duty that YOU o,ve to
yourself and the community you live
m Make clear to the man who has
money 10 invest that the South offers
to him solid and safe Investments y; q
higher rate of interest than he is now
getting, and he will bring his money
here; that is only human Arrange
mems are being made for reduced rates
nt transportation from all principal
points Tor that day, and an enjoyable
ms woll as profitable outcome Is assur-
ed southern Pines is n good half way
meeting place. with ample hotel ac-
| combinations to take care Of all who
come. and You Will see what Northern
capital has done for this place Many
prominent Southern men have already
slsnilled their intention TO be present
ana VIII address the assembly.
You VIII be duly informed of the pro-
gram proposed for that occasion if YOU
take an interest in our efforts 10 bring
Northern capital South and will reply
10 This communication. Trusting that
YOU viii write at once endorsing the
efforts of the Northern settlers at
Southern Pines. To interest their friends
North 10 invest their money in South
ern enterprises. and that YOU Will ar
range TO be present on the occasion of
the meeting, we are
Very truly yours
y. NJ. CLARKE.
President Board of Trade.
l.. III. BECK,
Mayor. Southern Pines. n c.