Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10
SOUTH'S RESOURCES
CAUSE INDUSTRIES
TO EXPAND RAPIDLY
Has Exceptional Foundation
Upon Which to Erect Flu
lure Structure.
lure Structure.

datIon upon which to erect It's future
structure. Climate, soil. the charac-
ter OF tho people. water power. sea
coast, mineral resources-thls list
could he indefinitely extended to
show that the Development of this
section now going on Is merely the
scratching OF the surface of future
possibilities.
Nothing could be more illuminat-
ing along this line than A recent
dispatch from Charlotte, ~. c., read
ing:
investigators arc now at work
throughout the South obtaining for
New England textile manufacturers
facts that will be considered in CON
nection with the transfer of thor
operations to tho South. Recently
1T Was pointed out by one Of these
investigators that inasmuch AZ the
single item In connection with pro-
duction costs. and sure supply OF
dependable labor is a prime essen
tial. II is the lack of sufficient labor
and the prevalence OF labor trou-
hles that may be regarded as the
chief cause for the dwindling OF tho
industry in New England
Climate Favorable.
dustry, because 1t Is less costly tn
heat the mills and the availability
Of cheap power produced by hydro
electric plants is an added induce
ment"
This is especially interesting in
view Of another dispatch Of similar
date from Gastonia. y. c. to the ef-
feet that the Jenckes Spinning Com
pany. OF Pawtucket. II. l.. had de-
c'ded to move large portion OF Its
equipment from the Pawtucket plant
TO the Loray mills, of Gastonia, which
is owned by the company. officials
attribute the move to tho insecure
labor situation OF the East and the
more stable conditions in the South
During the January I-June So
| period. practically all Southern In
dustries have been particularly ia :
vored. The textile mills Of tho east
crn section are practically nil run
ming at capacity. with night shittr
| in operation where mills were closed
down year ago. The strike in New
England has proved highly bene-
fetal TO this section.
The steel plants OF the BlrminC
ham district have improved steadily
during tho entire period. Where
live furnaces were In operation July
!. 1921. there are now 81 In opera :
ton. Plants are making additions
rapidly. The Tennessee Coal and
Iron Company Is erecting a new
bar mill AT Fairfield at cost ~
two and a half million; a steel coun
dry "a cost half n million; ana -
Immense project Including furnace
mines, water works and village cN
tensions to tho value OF three MI.
lion Tho Alabama Fuel and Iron
. IL ia, ID.
village at Leeds 10 cost million.
Important Developments at Ressemcr
not yet announced arc said to In
volvc Gfty- million dollar devotion
ment.
Mines Work Overtime.
The Alabama coal mines have
been operating under forced pres
sure during the period OF the coal
strike. Here again. as in the tex
tile cetcrs. Southern labor has been
busy with production while tho rest
OF the country wranSlcs. Coal pro-
duction the first OF August was a
ia1 per cent in excess Of this same
period last year. and all mines are
turning out coal at the greatest Toc,
ever set
Tho cement industry Of the Ten
nc@scc valley and further South Iva =
city 10 keep pace with building aud
road construction. Huge new de-
'e!onments arc being made as rapid
as possible. \ million dollar plant
! IS now bcinS erected on the outskirts
1 OF Chattanooga: tile LehGh Portland
cement Company has projected q
| plant near Birmingham a, a cost ~
| three million, while another con-
nany whose name has not yet been
announced has million dollar pro-
ject under advisemcnt in the sam.
| section
The building boom has also brought
the lumber industry of the gulf Soc
ton back 10 prosperity. and all
PLANTS arc turning out lumber 4, A
| capacity rate.
oil Fields Active.
The oil fields Of tho Southwest
continue their stream of wealth
without abatement Northern Louis
lana. oklahoma and Texas are all
benenciarics Tie Development Of
rcfincrios and terminal facilities 81,
| ilc sea coast continue rapidly. ar
/ the total estimated oil reserves Of
| the United states, amounting to
n.l50.0OO.O0 barrels. 80 pcr cent. or
! '.020 100000 barrels arc in Southern
| fields
| Varied industrial activity ie reflect
ed in the building or extensive plant,
| for specialized manufacture During
| The six months Interval the Chan
! rion Fiber COMPANY OF Canton. y
G.. has almost completed its mil
! lion-dollar napcr Iu5!i. plant which
! VIII turn out Hfty tons OF krafl
\ book and cardboard per dav. TIE
| million dollar sugar mill now ia The
| course Of erection in the EVERGLADES
/ o' Florida for The Pcnnaylvania Su-
ar Company VIII begin or November
! its schedule Of grinding thou
I sand tons OF venc daily
Since tho first of ~ ear ~
| "'ni.dr exhibition building a.
lEcntinusa on Thiyd raseD
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