The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1907-01-17
SOUTH'S DAILY GAIN
In Accumulation of Wealth
Estimated at $7,280,000.
A PHENOMENAL SHOWING
Every Line Of Industry in Year 1905
Increased immensely - Agrieut-
ture Kept Pace With
Manufactures.

Manufactures.
<sThe south Is now in the midst OF
a prosperity that every day is adding
to its wealth s7,2so.O0o, and which
has brought that wealth close to $780,
100000 says the Manufacturers Rec
ord (Baltimore) in its current issue.
Continuing it says:
consideration of increasing wealth
in the south must add to the s2,o00,-
100000 worth of farm products now
raised each year, $2,225, 100000 worth
of manufactured products and $780,
100000 worth of mineral products.
f'Such annual productivity, now ag-
gregating about s4,4S5,OO0, accounts
fer an increase of nearly s50,c00,O00
in the deposits in national, state, say
ings and private banks and loan and
savings companies in that section,
and the general progress has an e.
preston in and is Immediately con-
sributed to by railroad construction.
In 1906, 3,065 miles We're added
to the south's mileage, 26.7 per cent
of the total addition since 1900, and
bringing the total to 64,035 miles.
That is more than double the rail-
road mileage of the whole country In
.s6s. and within less than 10000
of the total mileage of the country
in 1880.
"Texas alone has $500 miles more
railroad than the whole country had
in 1850, and during the past year 1t
led in increase in the south, 80 miles,
the state nearest to it in new con-
struction having been Louisiana,
with 472 miles. Arkansas ranked third
in new mileage, the promise OF an
enormous advance in the farther
south, but it is almost equally sig
ni6cant to note 162 new mileage IN
Virginia, 1872 in North Carolina and
2se in West Virginia, showing mine
and timber development in those
states.
I'm six years, with an increase in
the population of about 100000, or
something more than 10 per cent, the
south has increased the value OF its
farm products by $72S,ID0,00O, or 81
per cent, and the value of its manufac
lures $751;, 100000, Or 50 per cent. It
has added 3,49S, 900 srindles to its COT
ton mill output, an increase of SO per
cent, and its mills used in 1906 about
2,375,000 bales Of American cotton,
or 4S per cent more than in 1900.
"In the six years the south's an
nual pig iron production has in
creased by $4,000 tons, or 81 per
cent: it's coal production by 34,2G2,-
600 tons, of 50 per cent; the value
Of exports at its ports s177,0o0,oO0, or
80 per cent.
.s,Nith all this money-making going
on, it is not surprising that the south
ss spending millions of money for i'm
provements of many kinds. Counties
are building better roads, better
bridges and better school houses. Mu-
inequalities are erecting modern pub
lie buildings, installing water works
and sewerage systems, and using up
to date methods and materials in i'm
proving streets.
Railroads are doubletracking
their old lines, and extending new
ones, are building handsome passen-
ger stations, increasing terminal IA
ciIities and adding to rolling stock. In
dividuals are devoting their earnings
to improving their homes in town or
country, or in building new ones; in
enlarging barns, in buying stock, farm
implements and machinery in install
ing fencing and in adding to the ma
chinery for manufacturing.
"These investments are likely TO
increase during the coming year and
to keep pace with the Increasing earn
Ing capacity Of the south"