Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-06-02

south of the Potomac are fairly astonishing
the country with their enormous industrial
progress, Washington as begun, continues
as the seat of the government only, and is
still supposed to be saying to manufacture
ers: You are not wanted here. 1t has
no great riches. No large number of rich
men like the so-called captains of industry
Not multi-millionaire. Scarcely any
millionaires. The one great manufacturer
who pays his hands every fortnight, from
the President at the White House to the
skilled mechanic at the great gun shop
our rich Uncle Sam. 1t is his money that
circulates here, and 1t is as distinctly
marked on pay days on the books of the
banks as the gulf stream on the Atlantic.
1t has made millionaires in some other
cities. and is likely to do so here i'll the
early future when manufacturers discover
Washington as profitable field for in
dustrial investment, and that tiere ~ a
tide in the commercial affairs Of the city
that leads on to fortune. The amazing
splendor of the Library of Congress has
in the last few years brought millions of
people to visit Washington, and some of
the wealthy visitors have discovered great
bargains in eligible corner lots, erecting
buildings of great architectural beauty.
But in the way of commerce and manu-
features the city needs adv ert.si1g to make
it's natural advantages and its "pportuni-
ties known The railroads, steamboats, and
hotels are advertising in the line OF ex-
cursions and conventions, and find that 1t
PAYS The stores advertise profitahly,
Judging from the crowds that patroni2e
them and by the new stores and additions
erected. The trade and manufacturing
Journals show that not only these lines 1d-
yertise extensively, but cities advertise their
advantages to draw capital for Their sup
port in taxes and improvements. CONN.,
dence in the government and IN me COM
mercial and other expansion and the aston
fishing magnitude of prosperity since the
Snanish war opened up larger fields have
given the nations city larger appear thce
to capitalists and financiers. Ciher mohey
is coming here. New 1 ork bthks nave
recently put several millions INTO haliks ana
trust compa MES here, and some OF the large
life insurance companies OF the north anu
west have been loaning large amounts OF
their surplus funds on WashiES.on r ,a,
estate. The banking capital has Increased
to considerably over $50OO0,0O0. Even tnls,
II is supposed is hardly equal yet to the
financing of large industrial plants.
The constantly increasing size or coast
wise and ocean steamers. schooners ana
harpes requires greater depth OF water In
the river and harbor The dredging OF me
channel through the Kettle Bottom shoals
In the lower Potomac is giving depth OF
twentv-four feet and 400 feet width. Ocean
vessels are now reaching 700 feet in length,
rs feet breadth and 36 feet draught' Win
tonnage of Over 10000 tons. Inc least
1exihie limitation has been found in the
insufficient depth of some of the greatest
BARRIERS of the world. but the engineer Is
constantly working parallel to the increas,
ing demands upon the shipbuiider ana WI,
probably have his task completed in good
season. Small vessels cannot prottaoly De
used on long voyages With Increased
commerce on the Potomac must come
,reater depth and width of channel
W;tb n BOARD of Trade open daily where
merchants could congregate and get ac-
ouainted in all lines of business II Is sug-
eested that commerce and manut;tctureS
1rould he augmented very consider bly,
GEORGE /. JONES.