The Mt. Sterling advocate., 1922-09-21

Billions of dollars, not iguratively
speaking, but actually billions of real
money, are going into construction
work and vast industrial undertak-
ings throughout the country.
Railroads are beginning to order
rolling stock more freely than for a
long time, knowing that the revival
of business now under way, despite
strikes and other difficulties, will
bring about a volume of traffic far
beyond their present ability to han
die.
Hundreds of millions of dollars are
going into the construction of high
ways and the highway building OF the
country has scarcely begun as com
pared with what we shall see during
the next few years.
During the first eight months of the
present years there has been let to
contract in the south new construc-
tion work aggregating, in the con-
tract price. 1857, 100000, not includ-
ing thousands of dwellings and small
enterprises costing less than $4,000
each, for in this calculation no ac-
count is taken of any building costing
less than $4,000. The actual cost of
all construction work generally large
ly exceeds directly or indirectly the
contract price. Counting this and
thousands of small dwelling which
have been built since January 1, or
are now under construction, the to-
tai of actual construction work would
run far beyond s4OO,OOO,OOO.
OF enterprises projected in the
south since January l, including ho-
tells, office buildings, churches and
schools, highway Improvements and
other enterprises for many of which
contracts are being made as rapidly
as the details can be worked out, the
total is $7S5, 100000. This amount al
so does not include anything costing
less than $4,000.
These amazing figures are but typi-
cal of what is going on throughout
the country, but the south has been
the first section to come back into
increasing activity and the fullest
utilization of its vast resources.
With the enormous diversifcation
of it's agricultural interests, with its
great fruit crops of the present sea-
son, with it's people producing home
supplies to larger extent than for
many years, with it's coal mines and
cotton mills and many other industri
al interests crowded, with vast water
power projects under way involving
the expenditure of many millions of
dollars, with $6,000,000 going into one
sulphur development and $2,500.000
into one cement plant, both typical of
what is taking place in many parts of
this section, the south is moving for
ward to a broader and sounder pros
perity than it has ever known. No
longer will it's prosperity depend up
On one crop, as for many years. 1t
Is forever freed from that danger
and now it moves forward ON safe
and sound lines for an industrial up
for utilization OF it's match
less resources in soil and in miner
ais and in water powers and in tim
bers, in its sulphur and in oil, and
It's marbles and GRANTEES, to an era of
SURPRISING anything that
t has ever known.
The time is rapidly coming when
abor will be fully employed through
)ut the whole country, and no man
will have to seek in vain for work
When the Steel Corporation an
an advance of wages it made
,ne of the wisest moves in the his
ory of that great corporation. wise
y managed as it has been. Follow
ng it's example other interests will