The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1905-11-03

vention.
American National Bank Bldg Lou-
isville. KY.
My dear sir:
Your valued favor OF the md in-
slant reea.ved As the annual meet
ing OF the S,5ckholdsrs Of our Com
pany ooosrs Tuesday. October lein,
the date your Convention oonyenes.
and as hsh previously made en-
gaganis nts for the 1ith and 18th. it
viii b. imracticable for me to ac-
eept your cordial invitation. much
To my regret The compliment accord
ID me in being assigned place in
your programme TO respond 10 tie
theme The opportunities for oa1i-
tai in kentucky Is especially aa-
preciated as the subieei would have
been oongenial 10 me. However. with
yuur kind Indulgence. shall take
this opportunity to briefly record
my sentiments and views.
My faith in Kentucky as field
ior capital has steadily grown IS
have studied her natural resources
and became convinced Of thair va
.ne;y. yastness and richness The
greater portion Of the State. with
the exception OF the limited terri
tory contiguous to the existing lines
Of railway and Waler-eoursss IS M
dsveyoped. but contains. in my esli-
nation. greater possibilities than
any other region OF corresponding
area in the United States.
The eastern or mountain district,
v.ya which am most familiar. with
Its coal fields over 1o.Dp0 square
jmiles in area. AMI the western fields
with 2.Io0 square miles. gives the
state coal ara Of Ie,T01 miles. ex-
cesdiag the area of the Pennsylvania
coal fields. or the entire coal area
of Gseat B,iilan ana Ireland. In sd
iitiou To the bituminOCs coal in The
district. there IS also the largest
aroa Of camel ceal in America Coal
is fousi in every county in the
I state in a lire from the Ohio river
.,o the Tennessee borier, The val
tuAhls dspnsits of cnKing Goals, which
lbaye saiei great wealth 10 Peunsyl-
\ wanna and West Virginia, have long
; since been Identified in the valleys
, Cf the Cumberland, the kentucky and
j Ib > deposits. which are from eight
, Big sanity. of a quality superior Il
that II CounellsviIle or New River
Ito nine feeJ thick. have given srea
impeyus to the development of tn'
te.loa IN which i, hes. The value {
coke for the manufacture Of iron i
by the RAPID increas'
iu JAe production Of coke iron II
$ l1he United ates. as compared Wit
: anthracite iron and charcoal iroa.
Na'ure has made tie resources c
e lie state most inviting TO Capital
I Tor contiguous 10 these seams Of COX
= ing ooals lie extensive beds Of iro
Il ore. fayo-ably situated for cheap mir
o ing Along the border OF the STAT
e in southwest Virginia. Is an exter
D s.vs deposit Of the Clinton. or fus
y sl- mon ore. ONLY few miles d:
,ant from the Elkborn ooSins coa
vale there Is an abuRdance Of his
srade orsS in the valley Of southWe
Virginia and in western North Car
Ena. and extensive deposit Of wh
IS p0nlably the bsst sleel makil
ore in Anerica The great value
the Elkhorn coSins cosl Is in its 5
= y.ggior quality and the cheaPness
Nhith IL may he mined and its ne.
?, aess 10 cheap irOn oueS Of super
~ qnahy Such favorable Coadi1i'
Is viii b, b,yter appreciated Waen
Is remembered that the ayerase ,
- ,an,s over which all the dome
:" lroa one. which Is consumed in
ssi furnaces Of the Uaitei Sta
y 4 trAnspCrtei. Is not less than
y y hundred msl5s ard The average
,ance over which the fuS, Whicl
i nsei tn smelt ii. IS transported
-" no, les than uNO hundred m
's' The CapiJslsst. stsDt.ns in -
~ ssSle-n TeancSy uIsou the noun
'''''' soa,si1i-r tbs eosius coal and \
''i'- ins tse hills q North Carolina
'eg' insas she snest slsel-masius
ter aarN tail 10 ~ Impressed With
,e,>, macuif,ras prospect of hujiains
W. vsys ,O mite ihess naturSl rssoa
n-s ana the cons Queat development
-'ne srest ir5a aud Stsel industry
ord 10 rcno in America.
'aNe rhe forests cf Kentucky also
vote ,,e the aiSeniiou Il the Capita
Ahout Oaa-half ot The acUesse
uS ,he state oaasis,S II VERY vain
h'S timber. oaSS II several species
,Sa'- yellow popular. black walnut, B
= cry. INN. beech. chestnut. and
.''eS se,lar. rbc tmhors Of the \
''ea Camberlaud Sge UnSarpasssd, 7
his IL ms rssiOa have hsen Slu'oS,
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