The Brunswick times-call. [volume] (Brunswick, Ga.) 1900-1902, 1901-02-26

wick & Birmingham. II will run through
4 country rich 10 natural resources
There are people e get out and ship th'
timber, the ores, the products of the sol
or Of the factory along the line to b,
travorsed. Above all there 10 an cage,
demand, at good prices. for every dol
lars worth Of stuff that can be carried
to Brunswick. whether it be coal, or pig
iron. or cotton, wheat, pork; 1umtsr,
garden truck and what not, and 4 vast
increase in population and in land and
labor values will follow the laying Of
the rails. There is profitable traffic
awaiting only the driving OF the spikes,
and traffic that vii! endure and grow.
Not only that, but equipped with up to
date rolling stock, way, yard and term
inal yard facilities, the road can earn
great profits and still give low rates. At
the same tiae Brunswick is a great
harkor, splendidly located as a place for
bringing into this country the great
coffee, sugar, tropical fruits, and other
tropical products Of which the Enited
States consumes hundreds of m illions Of
dollars worth year. There isn't q
siagle place on the surface Of the whole
scheme big enough to give room 10 a pin
point that isn't full Of safety and profit
TO the investor, say, in its bonds even
i he got only bonds for his money. But
when his bonds are 'sweetened" with
stocks, as Is the custom with new roads.
then 1t certain " Seems to me good
place to put the southern dollars instead
Of going of to New York to buy
securities on properties capitalized,
power for power and value for value, at
least ten to one a. compared with those
Of the n. 81 b. In fact it seems to me q
good time 10 let 60 of some OF the
Northern 'gi1t edged" and take on a
little ground door Southern Investments.
"Now about the billion dollar steel
trust. You will notice that the great
IRON and the coal properties around
are not in the deal. The
Pittsburgh, Chicago, Cleveland and
Pennsylvania coal and coke fslds and
works and furnaces and rolling mills
make it up. II the Carnegie plant 10
worth 1920 900. 600, (yes, so per cent
more tor it thousand dollar shares sell
1t f!te> = hundred), what ought South
srn stocks to bs worth? Pittsburgh
brings 1t ores q thousand miles, with
Two railroad hauls and a long haul
DOWN the lakes and all the involved
handling and the rehsndling, and must
haul its coke and its fuxes besides,
Yet at Birmingham the coal and the
iron are almost side by side, the few
rods that separate them being filled
with fluxes-or with furnaces and mills.
If:PittsburEh can succssd-snd it has
been proved that the Carnegie works
made forty millions Of profit in year,
what can't Birmingham do? But, at
the same time Birmingham wants 8
short, independent outlet to the sea,
Her connection with the markets OF the
United States is as good as that OF
Pittsburgh, or Chicago, or Cleveland.
But with the B. & B. in operation Bir.
minEham can absolutely control The
export trade Of tho United States in iror
and steel. There isn't q bank, or 8
merchant or a laborer in Birmingham
who isn't vitality interested in the early
completion Of the B. & B. road, nor, foi
that matter, Atlanta or any big or live
Southern city or town, and If they wert
wis they would have their own do1larl
controlling the B. & d, securities, tha
/, might DO certain, under all circum
stances, TO work for ihem TO its fulles
capacity. The future of the road 10 81
assured the money viii come all righ
TO build 1t. Bat the outside lnvssto