Year: 1870

An intelligent and close observing
correspondent of the Metropolitan Re
cord, Mr.. John J. McGuiness, who has
lately been among us, has written Sc
ries of letters for that paper which are
calculated to attract thither both capital
and labor. The following is condensed
from one of his letters written at Collier.
ville:. a 3


Many of the leading men of the State
are earnestly employed in directing the
energies of the people to new fields of
industry adapted to the altered circum-
stances in which they are placed. They
are fairly aroused to the fact that they
must no longer send away their raw me-
terial in order to have it returned to
them by the Northern manufacturer, at
what is to them an enormous loss; and
they earnestly advocate the establishing
of manufactures, so that their raw pro-
ducts may be worked mp within the State,
aud that an ABUNDANT home market may
be furnished to those who are engaged
in other pursuits. They aek why, in
country thet is so peculiarly adapted to
the raising of sheep, they should buy their
wooden goods from the factories OF the
North, paying the merchant for selling
them and the railway for transportation.
They raise cotton, pick 1t, gin it, put it up
in bales, and then pay over thrice its value
in freights and commissions in sending 1T
abroad-pay for manufacturing it, pay
the jobber for selling it back to them
again, snd the railroad for bringing 1t In
finished and manufactured state; and
they inquire whether wiser ceurse than
this may not be resorted to. They point
to their beeves pssturing on thousand
hills, and they ask from year to year why
they pack ap the hides Of their animals
and send them to the North to be re-
turned to them in the shape of boots and
shoes, for which they pay large protlt
to every one who has touched the hide
since it was taken from the OK; they
call to mind that they have the water
power, timber, the iron ore, and q mag
nifcent climate, and they wonder why,
in spite of all this, they buy their plows,
axes and hoes, their castings, much OF
their bar iron, and ell their railroad iron
from beyond the Ohio They consider
all this, and they come to the conclusion
that nothing will benefit the country
more than to have foundries, marble
mills and factories erected, and to have
their raw material made into the numer--
Gus commodities in which it is returned
from the North.


There are money and merchants
enough in the city of Memphis alone to
build from one to three factories in every
town of note in Tennessee, and there are
some fine towns in the State. The Mem.
pbis merchants have all this in view, and
ere long, instead of speculating in cotton
and sending ittwelve hundred miles away
frou, home for the New York merchants
to make their pile by transporting 1T
across the ocean, they will turR their at
tention TO home manufactures, which
will give employment to all who settle in
the State.


When this is done it will give employ
ment to thousands, and the immigrant
coming into Tennessee will find himself
welcomed, and plenty Of work for him to
do, besides being well paid for it.


1, is. therefore apparent, from this
short account OF its rivers and its numer-
GUS railroads, that it has every facility
within it's own limits and extending far
beyond, that will tend to make 1t q great