Perth Amboy evening news., 1907-01-03
OF
N. j. FOR 'O7

"The most confirmed pessimist
could not, | believe, find a single
thing to grumble at in the prospects
of our state for the new year." said
one of the leading manufacturers OF
Newark. Throughout the entire
year just ending everything which
has contributed to the advancement
of New Jersey as an industrial and
commercial state has also improved
the outlook of the state for the en-
suing year, with the result that our
future was never better. In real es-
tate alone there is a certain future
increase of not less than 5000, 000,-
900 in the value of our properties
incident to the building of the tun-
nels. Probably %one-fourth of this
amount will be added by the improve
ment in trolley facilities.
along the line of manufacturing
we are certain of advancement which,
while it will not equal the total
amount of the foregoing figures, will
establish a record for the manufac-
turing states of the country. The
aggregate value of new plants COM
ing to New Jersey during the last
year was greater than ever before
Already, during the present year,
purchases of land have been made
and contracts signed which will in
sure the removal from other state to
New Jersey of Industries of a far
greater value. One of the most ia
'vorable signs in this connection is
that manufacturing establishments
from other states which began tc
cross our boundaries a few years age
are now coming in ever-increasina
numbers from the east, west, north
and south. Most important of all is
the exodus, now well under way, OF
industries fro mthe several boroughs
of New York City to our factory
lands.
Fourteen years ago when New
Jersey began the development of her
modern transportation facilities, by
the building of ~interurban trolley
lines, she saw the solution of the in
dustrial and commercial problem.
In that time she has made more
rapid advances, both in transporta-
ton facilities and in industry and
commerce than any of her rival
states, and she has been enabled to
rise from a comparatively humble
place in the ranks to first. The end
of 1907 will find recorded in the state
of New Jersey a much greater adj
vance than in any other previous
year. The ultimate extension Of her
transportation facilities will require
an addition of something more than
1000 miles of trolleys and steam
roads. This, in turn, will bring TO
the state hundreds of new industries
and hundreds of thousands of addi-
tional residents, who must find homes
in the towns and cities of the state.
For the purpose of accommodating
this influx of immigration, New Jer-
sey's building resources are already
taxed to their utmost. The state is
now drawing from all of her neigh
states for artisans employed
in all of the building trades, and If
she provides shelter for her army of
new workmen she must build in the
coming year 10000 or 10000 homes
in the already populous district COM
by her five northern counties.
"Industrially, New Jersey has
reached a position where she need no
longer compete for the worlds trade.
The concentration of industries in
the northern section of New Jersey
has brought the consumers of the
world knocking at her doors, demand
ing her products. To meet this de-
mand the greatest industrial concerns
of the state are compelled to double
the capacity of their plants, and this
fact, Independent of the coming OF
new industries, will add not less than
per cent. to the population of the
metropolitan belt in the next few
years. New Jersey already produces
greater number of manufactured
articles in greater amounts than any
of her rival states, and many indus
trial states Of the South and West
find that they will lose to New Jersey