The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-05-24
Flow or Money was Inward.

X RI l * taI +
Flow OF Money Was Inward.
Instead of run on the two banks
each of them received more currency
on deposit each day for fifteen days
after the troubles of the Boydton CON-
Germ than they We're called upon to
pay out on checks. Nothing could
speak louder for the confidence Of the
people In the two banks than the fact
that less than 5000 of the money de-
posted on time certificates was drawn
out of the two banks on account of
the Boydton troubles. and to-day the
two institutions have moro money on
deposit than they ever had before at
this season Of the year. So much for
the so-called financial furry and its
effect upon the banks Of this town.
1t would require much more than the
failure OF a branch banking institution
to jostle the solid town Of Chase
City.
The Towns Backing.
Mecklenburg is one among the rich-
est and most productive OF Virginia
counties. and Chase City Is the centre
Of its richest part. The town is located
In the western part of the county, and
is regarded as the business metropolis
Of that rich western section and parts
of the counties OF Lunenburg. Char
lotte. Prince Edward. Halifax and
Brunswick, in Virginia, and parts OF
Granville. Person. Vance and Warren
counties. in North Carolina. I mean
that the town draws trade and sells
crops from the territory thus indicated.
and richer back country cannot be
marked out on the maps Of the two
States.
This back country is rich in the
following products, which come to
Chase City to be converted into money:
tobacco cotton. corn. wheat. oats. po-a
ttatoes. and all the good grasses. espe-a
Icially clover.
The lands are we'll tlmbered, and
pine. oak. hickory. poplar. dogwood,
gum. and other pulp woods. are to be
found iii abundance, making Chase City
one of the most extensive lumber MAR
lkets and shipping points on the South
ern Railway lines. 4, III i5s n s
There Is within ten miles around
Chase City immense forests OF second
growth pine, which are used for key
slaves and heads, vast quantities Of
hickory, which feed the spoke ana
handle factories here and elsewhere.
and great oak forests which supply tho
raw material for the wagon factories
here and other points along the South
ern Railway. but I will speak OF the
lumber interest later on.
What the Lands Produce.
Within circle of ten miles around
Chase City the land is a chocolate
loan. with a strong red clay subsotl.
especially adapted TO the grains and
grasses. There is no land In Wig
gnta that brings better returns from
clover seeding, and hay is getting to
be a big money crop In these parts.
These lands have long been famous for
the superior shipping tobaccos they
produce. and that is why Chase City
is such an important tobacco market,
YHItsis only In late years, however
that special attention has been given
In this section 10 grasses, ana 1t has
been found that the lands are superior
for them. The natural result is that
cattle and sheep and hog raising have /
become an Industry that ia bringing Y
wealth to all who are actively engaged y
in it. or all the creatures that iiva
and grow fat3on the grasses. sheep are
proving the most profitable. III #
One Man'A Experience.
The experience OF Captain William
Gilmore, who has magnificent farm,
near town. Is or may be that of every
farmer. The CAPTAIN says that the "a
sheep la a good enough Fertilizer fac
tory for his lands, and as such Is amply
worth Its keep. Hence hs considers
the9$1,25 to $3.50 he gets Tor the wool ys
OFT the eve In Ia year, and the $s no
gets Tor her twin lambs as clear protit. ID
4 continued On Sixth rsgs,l