The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-18
Texas Investments.
To the Editor of The Post.

To the Editor of The Post.
Houston. Texas, January IA, 1900.
At this time when so many meritorous
public enterprises are cIamoring for at
tention and when so many citizens and
communities throughout Texas are making
an earnest endeavor to establish industries
and enlist capital for the development of
home resources and the employment of
labor. II is proper that thoughtIul citizens
should give consideration 10 everything
mat affects crrGlt. lne imperial resources
OF Texas are practically unanown aud un-
aeve-oped. Our population Is largely an
agricultural one ana when agriculture is
oppressed the working masses are not
given oppo. tun.ty 10 realize upon their
Cniy Cap. TAI, labor.
Coal ne.ds. OH fields, immense deposits
of iron Tie ana our gold and silver lie yet
practically untouched. CUR lumber bust
hess is deNe.op-d in one branch only, the
manufacture oil pine boarns and holdings
and noorings and other house stun.
we need furniture factories aud all
other classes of manufacturing plants
using wood as their raw material. and we
| need cotton mills, wooden mills and ali
| other classes of plants that use cotton and
wool as a raw material.
We need tanneries, and shoe, and har-
ness and other factories to use up the pro
duct Of the tanneries. We need furnaces
and rolling mills and other plants for the
utilization OF our magnificent deposits of
| iron ores
We need the lakes OF oil that underlle
our territory to be penetrated and REIN
cries built for the utilization of the pro-
duct; we need more railroads and better
railroads, more lines of telegraph aud tele-
phone To promote the commercial business
and social interests of every community
in the state.
! In fact We need thousand and one
things to utilize our wondrous resources
employ our people and distribute and pro-
moe prosperity with a plenteous hand.
| how can We get all these things or any
part OF them? The answer is easy, but the
application OF the plan under our present
methods of thinking will be found dit.
/ tcult.
The answer ls Inspire those who have
money with confidence not only in the
richness OF our resources, but in the hon
esty OF our public management OF their
| investments.
Rec ntly a friend Of mine held soma
good per cent vendors lien notes amount
/ ing to several hundred thousand dollars
1 that he desired to dispose Of | knew from
| experience IN Eastern money centers thai
Texas securities OF whatever class aid
not rank very high. but wrote to a friend
OF mine residing in city In the far off
STATE OF Maine, who is himself a man OF
large means, and who has "a number oi
very rich friends who often invest on his
Judgment Imagine my establishment ON
recsNing today a letter from him under
date Of January 10. In which letter among
olher things is found the following: ~
don't think there is an individual mr. i
financial institution anywhere in this sec.
Ton that would seriously consider the
lSu. ,Ce OF the notes. They all look
seald are those city of Austin water honds
4 sood many of same having been placed
in this city" FNs'
When our people establish the renuta
Qon OF meeting promptly, punctually ma
faithfully all their obligations wbetba.,
personal, municipal corporate or VIII.
not, then the capital OF the whola ,yariS
WIN be at our command. backed As we ~,
are oy such wonderful resources. But lust