The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-10-28
NORTHERN CAPITAL POURING IN
III Over State Are Men of Means From Other States
Bringing Available Resources Into Sh>,
COMMANDING MONEY IN STOCKS THEY r.
CAPITALIZE A CHANGE GENEROI1>s47

held out as the end of all his strug-
gle.
1t must be fierce to die with your
hand just touching the prize.
Jones died with his victory prac-
tlcally won after a long and discour-
aging struggle. Then came w. N.
Coler and Company from New York
They bought the Jones road. extended
IL to High Rock, built after modern
iasnon, brought High Point into con-
tact with the outside world and as
they had money, they did other
things.
The COlers Come
Then came Bird S. Coler. and that
marked a new era. The Colers be-
came interested in the Public Service
Corporation, a sort Of old woman who
lived in shoe and had SO many
children she didn't know what to do.
only in this case she knows exactly
what TO do and does it to the Queens
taste. The Public Service Corpora
ton has established relations at
High Point, Greensboro, and other
places in the State, and is engaged in
manufacturing and introducing gas.
electricity, street car service, or as
its name implies. public service,
wherever it can. 1t shows people how
TO use gas ranges, electric smoothing
irons, anything that operates with gas
or electricity, and Incidentally it is
expanding public utilities in many
0VectiOnS.
This Public Service Corporation is
one of the big promoters of little
things m the South, and some of the
little things are SO big in their entire
scope that they rank among the big
| things. The corporation is revOlu-
| tioniZing household equipment in
| many of the North Carolina cities, and
| at the same time the influences at
work are tackling some Of the big
propositions, for the same kind of
electricity that runs the office fan
also runs railroads and lights towns.
| While getting into the little things
that shoot out from the big ones, the
COler interests are getting into the
! big things, and around High Point
| the name is good one. The trolley
development has been as gratifying
| to the people as the completion Of the
| Carolina and Yadkin River Railway
to High Rock. But the main thing is
that the Coler interests. now that they
are established in Forth Carolina.
| have big things up their sleeves to
which they propose to address them
selves in the immediate future. just
what they have in view is not yet
ready for publica'S 'Son, but they have
not come to the state to sell fuel gas
irons alone.
Money In Stocks.
The situation as it appears TO con-
Germ the Coler interests, and as II
was outlined to me by man who is
in a position to talk is substantially
that these New York folks have
money to stack up like our folks stach
hay In North Carolina they see the
unlimited opportunity for develop
ment and they are proposing to take
ADVANTAGE Of the chance to put THEN
financial overload into something tina
will bring them the quick and sats
factory returns that are certain II
this unexpected territory. From
what ] gather they have projects II
mind that will make the Carolina ane
Yadkin River read look ike kinder
garten job, and as such Things are
wholly possible in this State for the
men who can command big capital,
see no reason to doubt what is tol6
me about the probabilities Of bis
lthincs soon to be set on foot IN Cen
tral North Carolina by Ne" orr
money.
This coming of the Northern mai
with money is an affair OF lmlnens'
Importance in North Carolina II ):
no longer an essential to the Sidtt
, deyeloDment, as it appeared once u
be, Tor the peOple ~ liio-
been accommodating money ana snrpiu
cal pital until they can achieve WONDER
bv themselves from now on.
However, all over the state Ar
| Northern capitalists, who are br'ngin
!. the natural resources and opportuhi
ties into available shape. so y
through the lumber country OF fehii
, sylyania and l inquire about some
: the men who were prominent IN VI
uoods when that section was a bl
= nroducer Of lumber. and the answer
|; come about like this
! yes. Bill Curry has gone 40"