The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-05-13
n AND HER NEEDS.
u, p,Ifyered by Mr.. Edwin Cham
vi b,rIsin at Fort Worth.
I. ~ IMPLEMENTS 10 PROSPERITY
!, the Opinion of the
~ .ooio Man. operate
against This state

.a41
ri ,he Texas State Bankers
~ IA At Fort Worth May 8:
sp' .Srs TO PROSPERITY IN
TEXAS.
,,,,ng this subject for your con-
t' ~, fesl that it should be dis
rn. ~ discover the causes operat-
y. ,he state in her struggle for
ipp ,ssustrial and commercial devel-
p picber in natural resources, be-
han any other region OF like
~ known world, yet with her
.,-ces is she prospecting indus
H. PRODUCES one third of the
hs whole United States, and
.l,test reports we ascertain she is
9TH FIVE cotton mills OF l3lo
nile North Carolina has S4'a42
s,o,b Carolina 51,S5l looms. and
fSs looms. To see the advan-
~ ~, softon factories would be to our
y" ,ns one has only to travel
nsoroia and the Caroiinas and
~ ~ benefits these factories are
.s.tng 10 those communities. The
..ss, Of SUI, 900 in a factory means
~s. an average year in pay rolls.
essv must come out OF the busl-
.ssther the investor makes any
= !, nat So long as a wheel turns
,aes must pc paid.
4 FIRST in the number OF cattle
q uroduces many million pounds oil
~ yet we find no tanneries or shoe
IN. within her boundaries. and but
s,lsn mill and two packing houses.
.,s Arst our wealth on the earth )
WI forgetful of the hidden treasures
ss,ch We walk. We pay three prices
.Srselte coal and bring it from
2. dlsance when it may be laid IN
81 IN all we know or have tried to
Az, square miles in extent beneath
,a few little feeble coal mines
4 i our progress in that direction. Side
ma with coal industries iron walks
-,,,hls COMPANIONS A few columns
And then in the newspapers tell us
M 4 may be found. While Alabama,
orly pert choked and destroyed by
slIy Of her military engineers, over
~ every obstacle, makes Birmingham
XII Of her British namesake and her
No oi the progressive Southern States
-usrsl product. We read of oil, gold,
NJ. tin lead and silver in our hills.
u State has never been prospected for
.is except In desultory way by the
b line prospector, who travels by luck
|tiiot BY knowledge. 1t has never been
|tslshly surveyed as Colorado was In
y .lfly years. both before aud after the
hi var. It's hidden wealth is still In
lsy and nothing will reveal 1t except
4 hlp Of technical brains and methous,
s.ig Of which have we cultivated or
ESHaged
5Ah the largest amount OF money and
bis i;t apart for public schools and uni
Eslilas Of any State in the Union,
\ hive no chronological school. The
SrsAis provided for schools OF medicine,
y agriculture and general education In
tisslfs. bu, In no one OF them is there
i.prtment of technology where the
Eeh may learn trade or be taught
" u the use Of his hands. II is the
n,t o. such training that fills the ranks
saNr with mere beasts of burden, with
7 inbtion and hopeless from ignorance
Methods Of toll by which they might
3 % better and more profitable things.
ssseommon idea that a boy must be
Esil bow not to work. II manufac-
Flg enterprise Is started in this State
oan that guides the machinery must
w b Imported, Schools here deal ex-
INfsI with brains and do nothing to
s2ais the youth for their future envi-
.lsnt The moral value Of manual
tAas lies in the habits OF neatn5Ss,
|s'a ereTatlon and self control. Man
usalng Inspires a respect for and
IA q physical labor.
'slna this State at the bottom of the
- railroad building. that great devel-
commerce and agriculture, al
-ssn our people seem unfriendly toward
iae iack OF transportation facilities
i lt1alded the commercial advancement
,lSly Counties OF our State.
nrfy man who reasons correctly I'M
snsnds that while labor I'm change
we locality to another. the change
.NSs lnconvenient. undesirable and
..''l'e The same is true with refer
hSed capital. 1t can not move
N great sacrifice. What we call
N whether In cash or credits. refuses
|r , people who make war upon it,
,,A rates Of interest equivalent to
~ more favorable localities, and an
|r..snI insurance besides. 1t will not
4 and cheaply where there is more
,ss.. .0,nai risk, nor where credit is
WV by the absence of conditions
N, Avn II is predicated or is threat
W. ". ne presence of those who destroy
s any, unlike labor and fixed capital.
Il, ~, transferred from place to place
Wa Transfers can be effected with
n l tx. to the owner, and at
h. ~ expense, 1t wants to work and
slus 2 borrower away II his coll
~, suod' or If his personal RESPONSE
h.. NV moral integrity are beyond
M 4. y there Is any one class of iii-
n NY Ky are entitled to public sympathy
h., s.ev'ion II is the investor whose
s0ss TO develop the resources Of the
h , 4 ana yet he is little esteemed and
b ma Texas with no manufactur-
|r,S, INDUSTRIAL development of its re-
|e 4, ~ y. own money is hardly 'suffi-
|Rs. Tue handling of its commerce
n ~ ansporllng of the products of its
X ia.e OF interest is too high for
|kSss 'O,ement of property and the
~, factories and railroads. The
|stsn, many, but the more
~, are the tendency to agitation
Ees,. untriendly legislation with
r. 4" capital, and the resentment
h l,,s.,,.A nave excited, either directly
n IN those communities dis
III An ~ u our prosperity.
lga iu the law discriminate in IA
Fl ss,,n,, as against corporate capital?
ssA ~ - oe subjected to'the same bur
p III. y the same rights and privi-
L u 49, however this may be, the tren'
L y, .aa s.aaslaIion, as we'll as the reyilti
nave been such as to detei
n nOt only from abroad. but a
|saae, making investments OF THU
reached the point where al
m 49,. men must recognize that il
n II ss,.:. country great eggrega
Iaaa,, ellal are necessary. Such oSln
tf1y ~ sopstitute one OF the leadinl