The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-08-17
EDITOR EDMONDS WRITES
OF CONDITIONS IN SOUTH

tons, and that the total production for
the entire country in the same year was
only 100000 tons, or but little more
than the production of the south the
present year. In 1880 the output of BIZ
luminous coal in the United States was
AZ, 900 900 tons, of which 100000 tons We're
in the south. Last year the south alone
mined g., 100000 tons, which was ten times
its output of 1880 and so per cent more
bitumnous coal than the United States
mined In 1880. What has been done in
coal and iron but illustrates what is be-
ing done in the development of cotton
mill interests and nearly all other lines
of manufacturing.
The period between 1880 and 1890 was the
one in which the south first commenced
to show the great rebound from the de-
preston following the overwhelming
disasters of war and the reconstruction
period. But the failure Of Barring Bros,
followed by the panic of 1928, came
upon the south before its industrial in
terests had secured a solid foundation,
and before the world at large believed
that its coal and iron interests and It's
cotton mills could weather the storm of
panic and the long depression that
would follow For the next ten years.
reason of the almost unprecedented de-
cline in cotton, the south put its man
ufacturing interests on solid basis,
demonstrating to the world that they
could live and prosper through the worst
period of depression and the lowest
prices of iron ever known. With this
demonstration fully made there came
another period in the material advance
ment of the south. The south itself mad
accumulated capital, Notwithstanding the
low price of cotton and the general IN
dustral depression; it had accumulated
experience, and it had established It's
credit throughout the world. Wlth THESE
things accomplished, outside capital once
more sought investment in that section,
and for the last three years the south
has been making very great progress.
But these three years have been COLI
structive period. in which Its IRON IN
terests have been overhauled, its IRON
making methods brought up to par
with the best furnace practices OF the
country. it's coal-minnS and coke-maK-
ing interests developed its cotton mill
interests advanced from an investment
of SOL 900 900 with 100000 spindles in lS9o
to about 100000 spindles with n capital
of S175. 000. 000 at present. The south Is
now reaping the profit of these great
interests Moreover, it is not only at
tracing capital from all sections, but II
is attracting immigration to larger
extent than ever before. The world now
acoGlMs it as the coming section OF Amer
lea. or as the late Judge Kelly, OF Penn
svlyania Familiarity known for many
wears as Pig Iron Kelly, fifteen or
more years ago, forecasting this present
Af "a n n.
it 1.-The coming Ell Dorado of American
adventure" Its material advancement.
based on the upbuildng Of its manuIac-
turing and mining interests and the rap
idly increasing development of it's agri-
cultural interests, promises to tax to the
utmost the freight handling facilities OF
all southern railroads.
RICHARD II. EDMONDS,
Editor and General Manager OF Inc
Manufacturers Record.