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Commercial Confidence Needed

Commercial Confidence Needed image
Parent Issue
Day
17
Month
January
Year
1895
Copyright
Public Domain
OCR Text

''The great question oL the day for the South is bringinginoutsidepoople." -Manufacturera' Becord. "The requisites for production are land, labor and capital." But we have several million acres of unoccunied land. a million or more borers out of work, while capital is so redundant that the trust companies of Ne - York and other cities rcf une to pay over 1 per cont. interest on deposits. If thero was commercial confidence in the future the present congestión of capital would cease ánd labor would be in sharp domand. If the South can make outside peoplo believc that thcy will iind opportunities for employment there the South cannot keep outside people, away any more than labor and capital can be kept from oceupying land when there is a fair expeetation of sale for their producís. - Ex.

Article

Subjects
Old News
Ann Arbor Register