Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1909-03-23

true to the teachings of Jefferson
and is beginning to reap the re-
ward for her patience, long suffer-
ing and fidelity.
The growth of the South has
been phenomenal. The opening up
of its mines, the establishment of
it's mills and factories, and the ex-
tension of it's agricultural activl-
ties have been attended with such
results that large percentages are
required to express the increases
in both capital and output which
have marked its business successes
through a number of decades.
The figures of growth are marvel
Gus. They will tell the story of
the achievements of the many in.
terests which have actively and
intelligently been working for the
development of the richest section
of the United States, one unequal
led in it's wealth IN many resources,
and significantly point to the larg-
er results which will accrue with
in the years of the present gener-
alton. Thu record made is a high
tribute to the enterpr1sing3 aud
progressive forces which earnestly
labor to the advancement of a
wonderful country, and is thus re-
ferred to by the Washington Post
in writing of 1.-The Marvellous
South"
1.-The history of the Southern
States for the last fifty years is
perhaps the most remarkable re-
cord of any section of the world
in so brief a time. Not ever the
captains of industry with their
fingers constantly on the pulses of
trad6; conceive the phenomenal
rapldity of industrial growth at
the South without the aid of fig
ures. Figures do not lie, and it is
only their reputation for varacity
that saves the startling figures
showing the South's prosperity
from impeachment.
SIN 1858 the amount of capital
invested in Southern industries
might be represented as nearly
nil. In 1880 it had grown to $751;
600, 900 for cotton mills alone.
But twenty-eight years later, in
1908, the amount of capital invest
ed in cotton mills had grown to
1926, 900, 900, an increase of al
most 100 per cent. In 1858 the
coal mined IN the Southern States
was insignificant. By 1880 the
coal output had grown to 6 900, 900
tons, and in 1908 the mines of the
South produced 95, 0O0 900 tons.
In 1880 the farm products of this
section we're valued at $3.50, 0O0,-
900. The value of Southern farm
products for the currei t year is
estimated at 1925, 900, 900.
But the South was always a
promising agricultural country;
cotton was bound to develop with
time, and it's rich mineral resource
es were sur to be exploited. 1t
may be said, then, that there is
nothing wonderful in the rapid
development of these properties.
But the South was never before a
manufacturing region. What,
then, must be sad of the fact that
in 1880 the manufacturing capital
invested in the South was but
$247, 600, 900 and the value of her
manufactures but $457, 900, 900
while twenty-eight years later her
manufacturing capital had IN
creased to 50. 100, 900, OOO-a gain
of nearly 1000 per cortland the
value of her manufactures for the
year 1908 to So. 900, 600, 900? Fur
thermore the true value of all the
property in the Southern States in
1890 was 81, 900, 900 while the
figures for 1908 place their prop
erty value at 500. O5O, 900, 900.
This is a gain of nearly thirteen
billio.4s. seven billions of which
represents the increase during the
last eight years."
The South is destined to occupy
Recommending position in manu-
featuring as we'll as in agriculture.
It has the coal, iron and We ter
power to extend It's manufactures
without limit, as we'll as she soils
and climate conditions to make it
the great cotton, fruit, cattle and