The following manifesto is significant, involving as it does recognition
of the necessity for a modification of political views if capital to be
invested in the South, in the eyes of the North, was to be made safe: "In
this state (South Carolina) we need capital and less party and
politics.... Such men as Gould, Vanderbilt and Plant have invested
millions of dollars in our railroads, manufactories and other enterprises,
and have been remunerated in the face of a 'Solid South and a Solid
North'. It is useless to say that millions have been driven off from like
investments on account of personal whims and jealousies among prominent
politicians in both parties. _Can the South afford to remain solid?_ This
is the great question of the day, and it can be answered in the
negative.... We want all the capital possible to develop our hidden and
inexhaustible resources...."[218] And again: "So long as we have section
unity in politics in the South its material prosperity will be checked and
an absolute injury will be sustained through its entire commercial and
agricultural dealings by exciting distrust of capital.... So taking the
past and the present as indices for the future, it is plain to see that a
dissolution of the solid South will cut at the very roots of all these
wrangles between the North and the South in which sectionalism is
involved."[219]
The News and Courier wished to accord to every dollar of Northern capital
invested in the South the same credit as was felt to be due home capital
likewise contributed to the building up of the section. "Outside capital
... is beginning to seek this Southern field to aid in a more rapid and
thorough work of restoration of dead or dormant enterprises. This movement
needs a wise encouragement by public and private approval. Some of that
credit which was accorded to the man who caused an additional blade of
grass to grow should be given to everyone who affords facilities to
manufacture an additional boll of cotton, or to carry it and other produce
to market."[220]
A gentleman connected with the International Cotton Exposition said: "We
people of the South should embrace every opportunity which, like the
opportunity afforded by this Exposition, will bring among us intelligent
and interested observers of our industrial condition, resources and
aptitudes. We have in the midst of us the raw material, so to speak, of a
magnificent prosperity. We lack knowledge, population and capital. These
may be slowly accumulated in the course of years, or they may be rapidly
by well directed efforts to obtain them from beyond our own borders. We
advocate the latter plan."[221] This is as business-like as anyone could
desire.