The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1911-08-22

| 1t today:
What marvellous story of vast ex-
pansion in manufacturers and in agri-
culture. OF transformation. of increas-
ing wealth, is being unfolded as from
day to day the census tells in cold sta
tistics of the capital and products of
the individual states in this country.
The 16 Southern states covered by
the work of the Manufacturers Record
now have more capital invested in
manufacturing than the whole country
had in 1880. -
In 1880 the total capital invested in
manufacturing in the United States
was s2,790.O0o,000. These 16 states
had s2,Ss5. 100000 manufacturing capt.
tai when the present census figures
We're compiled in 1909, and to this
several hundred million have since
been added. This is marvellous
change. 1t should arrest every mans
attention.
In 1880 the United States was justly
boosting Of its vast Industrial inter-
ests, of it. development in manufact-
uring AID agriculture. and yet these
4
southe n states now have several nun
dred million more capital engaged in
man lfacturing operations than the en-
tire country then had With such an
achievement, despite the hard condi-
tions prevailing until recent years in
the development of the Industrial
activities OF the south. how limitless
are the possibilities OF this section as
indicated by what has already been ac-
complished.
In 1900 the value of the mineral
products of the south was sl3l, 7O0,-
600 In 1909 1t was 1927 ,42l 900. and
We have as yet scarcely begun to
scratch the surface or even to discov-
er the extent of the mineral wealth OF
the south. Southern prosperity, how
ever, is not found in manufacturing
and mining alone. The same great ex-
pansion is seen on every hand and in
every line OF activity.
The addition Of over $4,000. 100000
to the value Of farm properties of
these states attests the progress Of ag-
riculture. In 1909 the total value Of
the farms OF the 16 Southern states
included In this comparison was So
2sS. 5000 In 1909 it was 81 .2ss .00o.-
900. During the same period the value
Of farm buildings. more strongly indi-
catiye Of increasing prosperity than
even the value OF farm lands, rose
| from ss55.Oo0.O0O to sl,672 .O00. 900,
strikingly illustrating the vast acti-
yities in the construction OF dwellings
and farm buildings generally during
that lO-year period. What wonder.
full change must have marked the life
OF the farmers OF these ie states d
indicated By this increase OF oyel
$500. 100000 in the value Of their farm,
houses. What an advance in theii
financial strength, in their power L
consume. their power to improve an,
TO produce was made by the gain o
y 81 900 900. 900 in the value Of rhei
farm property.
This advance In farm lands an,
buildings finds its explanation in tn
Increase In the value Of the ~ leadini
, crops OF these states, which advances
J from ssie.O0o.OoO in 1900 TO 1871.
600. 900 in 1909. a difference in n
, value Of one years output Of over 81.
, 900. 100000 as compared with the out
D put 10 years before.
: Year after year from 1900 there va
an ever increasing value 81 Souther
! farm products. the momentum contin
! ued, until. as stated. the value in 100
3 Of these u leading crops. which. q
s course. does not BY any means =
press the foil value Or the output /
: all Southern farm products. was ST
+, o0O.0O0.OO0 greater than in 1900. Thi
difference d 81 900. 100000 IN the salu
/, of these ~ cropF IN 1903 over 1900
!, greater than he aggregate nations
banking capital Of the United States ]
present aud IL rs going on from yea
to year.
:, Interesting. however IS these fact
: are as throwing light upon what Ia
:, been accomplished, they are Of il
Z iinitely more interest al illuminate.
the future. They show that the sout
- standing erect and triumphant.
ready to 90 forward wtth momentu
4 Il has never known before, with i
! material npbuilding. backed with Il
Is vast force Of accumulated money. 81
/, even more important. accumulated q
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