The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1914-03-10

h0rC0. MoOKc WIZ
dred acres p,na-
Southern Pines and Pine,
hurst Is to be created q big 6
training resort which Is 10 ha'o
hotel and other equipment thaI VIZ
cost four hundred thousand uoiiaiA
The Whole country through Cuni"a
land. Hoke and Moore Is srioAtouu
with new hard roads II Is uouo
~ place in the United States max
mo a more rapid and substantial ue-
velopmen at the present than TINS
belt extending from the mluoie %
Bladen county up through CuHoe1-
land into Hoke and Moore from 81
dor and Jackson Springs way uc"A
toward Elizabethtown.
FAYETTEVILLE as a Center.
The people of this whole secllon
seem determined TO brlne neLi
try to the place hat opportunity mas
made possible. There is a sentiment
that FAYETTEVILLE should be b cen
ter Of a big and active wave or pro-
gress. But the desire Is that the
shall include the whole
territory.
One of the significant signs IS tne
~transfer OF the Bank OF Aberdeen INTO
the hands Of the Page Trust
corporation created to broaden the
business Of the bank and to enter
upon a larger work than simply re-
ceivinG O few thousand dollars or de-
posts to loan TO small borrowers.
There are different fields for banks
! to work in. The Page Trust
| comes into existence with the lnten-
ton of issuing fifty Thousand dollars
| of a capital stock until the erganiza-
ion is we'll established and the work
outlined. Then the capital will be in
creased to two hundred thousand dol
lars, and the purpose is TO invite the
help of outside capital to develop the
unlimited our Of this section Of
the State. Not long 6 the Bank of
Raeford announced in its advertise
ment that it existed not alone to re-
ceive and LEND money. but TO extend
to all possible legitimate enterprises
the utmost aid that is consistent with
safe and legitimate bank practice.
Probably this is one thing that Is
helping the progress OF HOke county
as much as any other single influence.
Probably the same idea pursued by
the Page Trust Company with its
larger capital will have an influence
for good, for the Page interests are
in close touch with local and North
ern people and capital, and they have
the means of making known the op
p~ortunities that are here at the heaG
Of navigation on the Cape Fear.
A Significant Sign.
One Of the significant signs in thi:
!, section is the frequent inquiries from
Northern investors. Last week (
5 banker from a large Northern cit.
was in the neighborhOod looking To-
a prospect, and he indicated a willing
ness to place a hundred thousand dol
lars il he found a promising project
: Within a week another Northern in
Quirer has asked for a place to buy
ten thousand acre tract Of land to b.
used for farm purposes and develop
! ment.
t From all efthe Indications it i
easy to anticipate a big change ahea'
i OF the Fayetteville neighborhood i
/ the right kind of enthusiasm an,
management is shown by the peopl
t Of the community. and the ardo
manifested by the Fayetteville Cham
Der Of Commerce would seem to sa
that the chances offered will be &C
copied by the people.
Fayetteville has all the wires lai
for the making Of a great indestr,s
Z and commercial center. Here is a.
} ready established a substantial tex
tile manufacturing line. Cotton, {
e course, is the chief textile produc
although a silk mill has been thris
ing. The mill can only be regarde
as an exotic, for no natural influ
ences can be credited to the estat
lishment Of silk mills in this sectio
o outside Of that desire to diversity If
n dustry, and without looking to loo,
resources to make this a favore
place for such q line OF work.
!, Place Tor Cotton Manufacturing.
But here is a place for cotton ma n,
featuring. The first cotton mill
: Fayetteville was built in 1896. an
WITHIN the next seven years six mil
were erected. at a cost of $4,000
! ana hey were making sheetino
:, osnaburSs and yarns. Thus for thre
" quarters of a century Fayetteviile h;
been establishing the cotton indust,
until 1t Is a thriving industry with q,
- eratlves taught through three renar
:, Mons, now to make cotton goods.
1nere is no reason under the &,
=, why Fayetteville n Raeford Al
rs aberdeen and the other towns in Il
y vicinity Ct Fayetteville saoI1d -
- manufacture into cotton goods all +,
-, COTTON raised in the vicinity Of Il
towns, instead of sending raw cott,
10 broad &c fhcco. \VAI