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DAILY STATE CHRONICLE, OCT. 2, 1891.
rrBUSHED DAILY ASD WEEKLY BY The Chronicle Publishing Go., lt fcXvettevillc St., Raleigh, North Carolina. JOSKPIIUS DANIELS, Editor. DIRECTORS : JosKruus Daniels, H. B. Hardy Mr', 7 r. gfff ESTATE CHRONICLE.) Hi v I- p, rfi ? TERMS POSTAGE FREE: DaiLT, one year, - - Daily, six months, - -Daily, one month, - -Weekly, one year, - -Weekly, in clubs of 5, $0.00 3.00 .50 1.25 1.00 Liberal commision allowed to cluh agents. Sample copies furnished free on np plication. tutor rs a postal. If at any time your paper is not d livered, or if it is delayed. Papers should be on the dtnr steps of every city subscriber by six o'clock in the morning. If not somebody is at fault, and if so we want to know it. I( you fail to receive your paper, therefore, or it it comes late, drop us a postal at once, giving your address, and stating your com plaint, which will receive prompt attention. great country which u has pleased God to bestow upon this people as an heritage. You will pardon me if I indulge in no strains of rhetorical music to please ti e listening ear. My own people 'know me by a life-time of business, and I shall speak to you, even on this day of festival, as one business man to another. We are here to celebrate the opening of the Southern Inter States Exposition. The organiza tion is a demonstration on the part of the Southern Immigration Bureau of what there is to be found that is attractive or noteworthy in the sev eral Southern States, to those ho seek to make their homes under more favorable conditions than they now enjoy. The Immigration Bureau wa3 or ganized" under the auspices of the Southern Inter-State Immigration Convention, held in Montgomery, Ala., December 12th, 1888. That body was composed of mem bers chosen by the Governors ot the Southern States, the important municipalities, Boards of Trade, Presidents and Directors of leading railroads, and Commissioners of Im migration of the various States of the South. It is hard to conceive of a body more t horoughly represen tative of business interests. The preliminay steps taken by that convention, encouraged by sui table State legislation, resulted in another meeting of its constituent members, at Abbeville, N. C, De cember 17th, 1890, at which such action was taken as developed into the Southern Inter-State Exposi tion. For good reasons the Execu tive Committee and General Man ager decided that the Exposition should be held in North Carolina, at her beautiful capital city of Bal-eich. In the apt words of the distin guished General Manager, General Chilton: "The Southern Inter-State Iin- mitiration Bureau had undertaken the work, as the most comprehen sive, intelligent and effective agency ot the South could employ to in crease its population, add to itscap- which possess special resources, or facilities of any kind undeveloped, should be supplied as early as possi ble by every progressive and en lightened community among us. The story of the reparation of Southern disaster, the increase of values, development of unknown wealth, and extraordinary advance ment in every element of strength and power, within a few years, is so extraordinary as to be unknown to the mass of even our own popula tion. It is not strange, therefore, that it is not yet apprehended abroad. But the facts of every day, multiply ing hourly in every department of human effort, are working out such a wonderful display of human en ergy as has rarely, if ever, been witnessed before. What are the factors that create power for any people ? There must be population, intel ligence, wealth, character. These will be evidenced or not by progress in agriculture, tint mechanic arts. commerce, iaci lines oi traue, general enlightenment, the state of education, and the moral and re ligious tone of the people. Tried by these standards, I do not hesitate to declare with em phasis that no equal area of terri tory in the whole world presents jtich striking increase of everv sign of progress, and oilers such advan tages to the honest and industrious immigrant as the sixteen States ot this Union commonly known as the South.' Were this an empty boast in a spirit of vain-glory, merely be cause our own homes lie in ibis favored region, its folly would b apparent. But the fact is, that no candid enquirer who patiently I am a Democrat, pure and simple. I believe in fighting lor reform in- Idc ot party linen. I believe Hint any attempt to organize a third party in the South would be au ah folutr failure ---Hen 1 iilmnn. examines the hgures of the com pilations made in various lines of business in this country, and tin latest returns of the census, could come to any other conclusion. The enormous rebound of tin South from desolation to prosperity has ever been commented upon as an atonishiug discovery by thosi whose leturns have in vain bt lilt led her greatness. It matters not what page of the datidie of the i!av vou mav ex- acco, sugar, nee, or anv ot her FRIDAY, Oct. 2, 1891. GOV. HOLT'S SPEECH YESTERDAY. There is unusual commendation of the speech made yesterday by Governor Holt in opening the Southern Inter-State Exposition. It was heard by a large and thought ful asscmblqge, and they paid it the tribute of an interested hearing ami liberal applause. But the best tribute of all was the expression heard on all sides: "That is a sen sible speech and Tom. Holt shows more ami more that he is a man of excellent sense " The speech con tains facts and arguments worthy of preservation, and we take pleasure in giving it in full to our readers. Gov. Holt spoke as follows: It is my privilege to-day to ex tend cordial welcome to our friends from other States who come to at tend the Southern Exposition and the capital city of North Carolina. This welcome I give you in the plain and direct speech of one who claims to love his country and to rejoice to see its children mingling together as brethren and seeking those ends that are the result of mutual good will and the harbinger of general prosperity. May this Exposition bring to- geteer those who will form ties of lasting friendship, and infuse patri otic devotion in every heart of the ital, and develop its resources." I amine. Be it the cotton, corn, to For the South found itself in pos session of vast territory which it was not tilling with its own popula tion; of vast stores of mineral wealth, which it had not the expe rience, if it possessed the capital, to develop. It had abundant, water power whieh was not utilized; it had rail roads which were not overburdened with freights; it had seaports which were not crowded with shipping. I'hs; South had room for itselt and more than enough. It had room for the industrious fanner, for the expei t miner, for the experienc ed manufacturer, for the astute capi talist, and it therefore, through these expositions, gladly oilers induce ments to that character oi immiirra- lion, which, coming among us to share our fortunes and advane its own, disturbs no social or eco nomic relations, blends, insensibly with ourjown people, and enlarges and liberalize the American senti ment. Loyal to its own customs and in stitution, true to its honorable past, it would gladly forget in the happy career expanding before it that there had ever been occasion for drawing the sword. From this phrase of introduction, I take the title of the topic to whicl I shall invite your attention to-dav: THE HAPPY CAREER EXPANDING UK FORE THE SOUTH. It was the expectation of those who planned this enterprise, as from day to day and week to week it grew in interest and importance, that visitors seeking to know the op portunities of the South should visit this spot and form some conclusions in reference to the special State or section they desired to know, thence to go for information into the local ity selected. Thus this Exposition was designed to be the central point ot attraction for the vanguard o the great army which is destined at a very early period to talus up its march to the South. Whatever, therefore, -may be wanting in the exhibit of any State or of the counties in any State Top; the output of iron, coal, phos phates or other mineral.-; the growth f manufacturing and multiplication of fabrics and work-shops; the ex cision of railroad mileage, and improvement in equipment ami man agement; the increase in foreign and domestic commerce; addition of banking and insurance facilities: rapidity of educatioral develop ment; tin1 rise of cities and towns, and the immensely improved State and municipal credit, and enormous additions to the real and personal estate ot the people; all tell the uni form story of the blessing that fol lows honest industry exercised un der favoring circumstances. 1 used the word ''rebound" to express the elastic power of recu peration and advance displayed bv the people of t lie South. In 18 GO the valuation, as assessed, of the property o the United States was $12,000,000,000 about 44 per cent., or $5,200, 000.000, belonged to the South, Four years of terrific devastation, loss of human life and productive energy, destruction of banking facil ities, stoppage of production, except the supplies necessary for existence and for war purposes, and the total wiping out of slave property, so im poverished the South that in 1870, out of a total of $14,170,000,000 the South had only $3,0G 1,000,000, or 22 per cent., even after five years of rest. The ten years followed were de voted to the payment of debts, soim of which were of long standing and to the re-arrangement of State credit, sorely burdened by the action of the plunderers who settled unon the suffering people of the Southern States during the period of re-con-struetion, and destroyed what war and flood and want had spared. But stern necessity had taught its les sons. Man and boy went first to the fields, and woman cheerfully tuuiv up uiaK m uie Household. The unconquerable Saxon deter mination asserted itself. Little by mue everywnere the disjointed la bor system began to assume regu larity, under the pressure of great economic laws. While war itself is .in evil of enormous magnitude, it is not an unmixed evil. Men learned in that sharp school how to struggle to the bitter end how to save, to work, to plan, to succeed. States and sections learned to know one another, to establish new trade re lations, and to employ new and un tried means in agriculture and the arts. Plight billions of dollars worth of cotton alone has been dug out of the Southern .soil since those bitter days oi war. rirst, it was devoted to setter means of cultivation to pay ment for the support of hands and stock, then to fertilizers, fences, buildings, tools and improved ma chinery. Next it was clearly seen that this changes in price in distant markets worked disastrously in gov erning the cost of food, and the South set to work at making its own staple provisions, with such success that we shall see that the value ot last year s corn crop ex ceeded that of cotton. Theii we began to make fertilizers, and utilize the cotton seed, phos phate rock and other materials at home. Next, cotton manufacturing, ex isting for many years, began to take a larger development, and other en terprises followed. As the surplus money began to remain at home in sufficient quantity to increase the establishment of manufactures and the re-opening of mines, and the construction of factories, the rail roads started in earnest to occupy the great field through which thev had heretofore barely stretched single lines, more for experiment than with assurance of profitable management. Thus added means of transporta tion and a spirit of home enterprise acted and re-enacted upon each other. This was almost exclusively the work of the men of the soil, with the help of a few far-sighted and broad-minded men in the finan cial centre., who saw the spirit of labor in the South, and knew that verv form of wealth is onlv airgre- gated labor in some visible shape. Foreign capital at last became will ing to seek employment whence this annual stream of agricultural and mineral wealth was llowing; and such has 'been the accelerated ra pidity of our march to financial in dependence that months have done the work of years, and a single year has presented the results of a decade. The assessed value of property in 180 was actually doubled in 1880. and the products of the soil alone in 18110 amounted to over one billion of dollars, or nearly one- third of the entire assessed value of all Southern property in 1870. Here are the authentic figures of flie crop of 18'JO: Cotton, I'obacco, Sugar and molasses, Corn, Wheat, Oats, Fruits, Forest products. Bice, hay, cereals and cattle products, Of) I 18'.:0 7. $300,000,000 38,000,000 13,000,000 o."0,000,000 18,000,000 30,000,000 25,000,000 110,000,000 100,000,000 $1,040,000,000 So rapid is the progress that the school boy's geography of five years ago is out of date, and there is not in existence a single encyclopedia whose articles pertaining to the South are accurate, or in any way complete. Of the total area of the Union (excluding Alaska), reaching 3, 025,600 square miles, we have 901, 710, or little less than one-third. Our population is set down by the recent census at 22,217,771, being an increase of 20.05 per cent, over the 18,507, 324 of 1880. The general belief is that the census in these States is extremely imperfect and defective, exhibiting the in crease in Virginia at only 9.48 per cent, which is believed to be grossly inaccurate. But there are some points in con nection with the increase in the South, even as thus reported to our disadvantage, which are worth not ing. One is that the white popula tion is increasing about twice as fast as the colored. The other point is that while his census represents : the South as a whole as nearly four per cent under the general average of the entire country, it should be remembered that the increase in the North and West is made up very largely, indeed to a preponderating extent, of foreign immigration inclu ding a large number of the thrift less, pauper and ' criminal classes, who are burdens rather than help ers in the body politic. Here the increase is almost en tirely of our domestic population flesh of our flesh, and bone of our bone, with the enterprising natives of the Northern States who have cast in their lot with us. In this State especially we have not one per cent of foreign-born population. Moreover the perception of our natural blessings have dawned upon our own citizens. Virginia gave of her best to make Ohio, is North Carolina did for Indiana, and Ken tucky for Illinois, but those days are over, for the goldenlrewards are 1880 here. The birth rate in the South is about thirty-seven per thousand in habitants annually, while for the re mainder of the Union, including the prolific Irish of the great cities, it is less than 30 per cent per thousand. The politico-economist cannot af ford to neglect facts like these. Let the South remember to give to all the blessing of education, and be content to bide her time, for it is 'men, high-minded men, that make a State." Forty-five towns of over 8,000 inhabitants in our section advanced in population over 50 per cent, since the census of 1880. The figures of these rival the rapid growing towns of the Northwest, even with their immense advantage of foreign immigration. Thus in ten years time, Anniston, Ala., gained 948.41 per cent. Birming ham 4 48.28, Brunswick, Ga., 192.C0, Chattanooga, Tenn., 125, (dropping the hundredths), Dallas, Texas, 207, Dennison 175, Fort Smith, Ark., 207, Fort Worth, Texas, 240, Hot Springs, Ark., 127, Huntington, W. Va., 218, Jacksonville, Fla., 124, Kansas City, Mo., 158, Knoxviile, Tenn.. Laredo, Tex., 221, Meridian, Miss., 105, Paris, Tex., 107: Pine Bluff. Ark., 210, Springfield, Mo.. 235, ainf I am glad to add Asheville. N. C, 291, and Winston 181. None have been admited to this list whose rate of increase did not exceed 100 per cent, of their popu lation in 1880. Again we have places like Boanoke, Va , with a population of over 10,000, but not in existence in 1880. Many more are on thtir way with equally remarkable gains, but have not passed the 8,000 limit. The extraordinary gain is reported for El Paso, of 1,084 per cent, or from a few hundreds to over 10.000. Turning now from the considera tion of the population in numbers to the examination of the financial condition and the productive power of the people we will find the most gratifying facts. Thus the debts of the several counties of the Eastern States in the last decade increased 83 per cent.; those of the Western States 30 per cent., and those of the Territories 023 per cent.; while in the South the increase has been only 3 per cent. Moreover, while there has been an increase in the bonded debt of 15 per cent, there has been a de crease of 49 per cent, of the floating debt of the counties of the South. So far as the State debts proper are concerned, there has been a notable diminution from $145,000, 000, in round numbers, to $117,- X X -V -v ' uuUjUOO, even including the very large amount claimed for Virginia. which must be largely reduced by any form of settlement that has been proposed. These ligures tell an eloquent story of the faith and honor of the South, especially when we consider the high rate of interest, the profit able uses of money, the need of pub lic buildings in newly organized towns, the demand for capital in manufacturing enterprises and the like. The great and continued liquida tion of debt, public and private, through this lengthened period, is the indispensable prerequite to sta- 1 1 , 1 "Ml .,. I Ot t lie .. -a:V eliuracti.:... w I .... . .i root-t !( ;,tll"';"r oi i- ' I.V,. U1, Kili.l. J S to t-,.rtii; everv ul ll- I I... 1 "a. i- it. , . - with v.m.. record .,i - ; uie Nutl, ('.r;i!i 1 4 Tl. uers lor ti... i. . as follo.v: J 7.'.'10,m.,( 1 ' 1 1 ' - . lit .-jl 1 ' e f 'I uriihrj in f have nlr-i. terms to thvir va' 1'T preciate the r,.L t" ,"' prrmuc-i ;n would not 1 ia,; detail the return fv oiate m round r;"",., Alabama 25.0Sv.i-, ; Arkansas 3.: 4iit. , v Delaware U. Florida 4..:570,o Georgia 31, ..., Kentucky 3,C45j.n Louisiana lCOTj.On Maryland 1 G.333. Missouri 175.315,' Miss. 24,.j"Vi No. Ca. C0,2M.". So. Ca. 1G,o7 Te n n e s 7 , '. : 1 1 . ) Texas C;,,sr,-..; , Virginia 3".122 W. Va. 13 A 35." h A "TJITH ti,!-, , buhels of tli", va: . - $3'j". " M ), ll i. : 1 V nut it r:ru-! I.. than eiic.tl.ir, . t' t': Ken' ucky and M: v neeessary f.r ti. 'L.i the St:ite th i tuN he vet in.tri- :!,:!'. ' 1 . . . ........ ' '. i n mil' , .. . ton preduoli-'h :;:.;.:. Proee-dinj: vi;L lind that the hi::-.:: 18'1' wa- r,a:!y pounds, with --.' 1 . i . . 1 inoia.-M -, a e. .. 00n. flie :tba'.;i ; . i i ... .i reported o u. - - i eminent at 4-i.'- with a valut .l' 2-. this must be far t.. ... ti . unction. in..- North Cart-lir:; of pound- ot ac'u:.. crop on the rin'r- in the v :ir:- u towns of the Sta'.v. ' I. a. f..1MM f 1 ix V uian ww.i Ill me geiu-i;u Tiven. wliuh inciU ; grouiulpeas, gra-. stores reach a1-' '"' dollars worth a'..: iimingtoii a:i'i ; . S '1 .. . .... V i et i mi i " . . . ' . l lie rviuii i --. of it m enir.i'.-" , 1 ... . 1 - 4..r V' nam uihh'." m all deseri'ti(l!:- ine reeoiu- 1 shall lind tl-t there was a i::i:- horses, i .k."-. lUt'.OUO lll'.ii' - per eent.a i . than 33 . nv' or 1 - pei i- ' 000 swine, ei The rav:g-,f:!;: do with t!o 1:' i ; 1 Hut it advance is and aveia. while it is itv as well improved much thoi tion of e and the tiou con agemen Witl basis of