Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1905-05-10

full fields, your crowded streets, your
palatial homes, your solvent banks,
your great cotton mills, we have
visible evidences of the beginning at
least of the grand industrial empire
to be established in South Carolina
which was foretold by the greatest
and ,1isest of your public men now
nearly quarter of century ago.
The development of the South during
this period almost staggers belief
the figures of the assessed values of
property in this part of the country
showing that there was an increase
of nearly Que billion dollars in the
assessed value of Southern property
during the last four years, or to state
the exact figures, s935,737,344. The
assessed value of property in the
South in 1860, counting slaves and
al,was Sc, 6,245, 100000. The true value
of all the property in the United
States in 1860 was s16,159,OOO,O00, or
about 1914 per capita the true value
of the property in the South to-day
is S15,500, 1000, 900, or more than 5000
per capita. According to the figures
furnished the Manufacturers Record
by the Governors of the several States,
the value of property in South Caro-
lima in 1900 was $176,422,289; in
1904 it was $210,331, ,854-a gain of
$33, ,909,566 in the course of four
years. In the 40 years between 1860
and 1900 the capital invested in
Southern manufacturing increased
348 per cent. the value of manufao-
tured products 222 per cent. and the
value of mineral products more than
SAT per cent. "ln 1900, Southern
cotton mills consumed more than six
times the number of bales of cotton
consumed in 1880, the production of
pig iron was nearly seven times as
great, and the production of coal
more than five times as great as in
$780,"
In 1900 the capital invested in the
Southern lumber industry was greater
than the capital invested in that in
dustry for the whole country twenty
years earlier, and the value of it's
products had increased more than
81 per cent. Railroad mileage had
more than doubled in the twenty
years, the value of exports from
Southern ports had increased more
than n per cent. and the assessed
value of property more than IS per
cent. In 1880 the farm values of
South Carolina were $S4,079,7O2; in
1900 they were $153,591, ,159-a gain
of S69,511,4 ,457 in twenty years. In
1880 the manufacturing capital of
South Carolina was 1,205,S9 in
1900 it was $67,356, ,465-a gain of
56,l5O,571. In 1892 the individual
deposits in the State, national and
private banks in South Carolina
amounted to s9,S49,1SS; in 1908
these deposits amounted to S16,584,-
452-a gain of S6,735,264 in the
course of eleven years. The railroad
mileage of South Carolina has more
than doubled during the last twenty
years and the means of doing business
has kept equal pace with the enor-
nous strides that have been made in
the industrial world.
The cotton crop of the State, worth
S2O,OOO,OOO a quarter of century
ago, is now worth $50,0OO,0OO; the
few mills have been increased until
now South Carolina leads the South
in the business of cotton manufactur.
ing and is running neck and neck
with Massachusetts for the first place.
The progress of the cotton milling
industry in South Carolina since 1890
surpasses belief, "the number of mills
having increased" during the period,