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From tlie Alabama Republican,Published at Huntsville, Alabama Terr. .March 25.NEW '1 OWNS., This is truly the age of wonders! We IS think there are not five men in Alabama I territory who would have believed, three months'since, that the public land on tliia side the Tennessee river enu'd have sold for 7S dollars per acre for agricultural pur-, poses ; and who is there that would not ■•f : have hooted the idea, that wild lends ceubl ! he laid out into town lots, of half an aero 811 1 each without any expectation of the placs 1 ever becoming the seat oi Justice ni anyofas In*thcounty, and sold f r g 3.500 ! Strange.* it may appear, such things have happened in our neighborhood within the fetv days ,r/ pHst. Roth foreigners and eitizens were impressed with the idea, that nothing but a ^ wild gambling spirit for speculation, with-(j ■ out one p irin il- of sober, cool reason, or the ! least exercise of judgment, induced large purchasers to pay high prices for publiek : land. Hut when the mass had reflected a I little more on the subject, they found that j these practical farmers were actuated by “r the soundest of all reasons, such as were ,s demonstrable by arif hwetieal calculation. Je ; The sentiments of the people have under* t gone no small change in this respect. It is Jr : an incontrovertible fact, that the first quali-re ty of land in this part of the Territory will ie produce m#re net prnfii from the culture of it, than that of a similar quality in any ls other part of the United Stales, where the same proportion of labour is expended, and where the citizens can enjoy an equal sh re 1 of health, and all the comforts of soeiul life. Taking all these advantages into view, tins country niust be ranked as incomparably the ‘ most desirable part of the United .States. a Nor have these blessings of nature been nc-1 glected. Enterpriz.iiig, industrious, and pol-1 islicd members of the community have se-* : Iccted this section of the union for tlieir resi-| denee, where they intend to spend the rc-A ' niaiuder of tlieir days and rear their fami** lies. Such advantages of soil and climate | will attract such settlers, ami it ig b? ad-! ministering to (heir comfort am! conveniences I that all classes of society will be liberally remunerated. The strong agricultural in-* , terest will give a spur to our commerce 1 | which in some parts is now drooping; andby supplying the wants of this aecumlated society, the mechanick, who is perhaps struggling to earn his bread in the old settled Countries, would speedily secure to himself a handsome independence, lu short, the tide of emigration which is setting so rapidly in this direction must astonishingly re-1 | vive, both the commercial, mechanical, and professional interests. Considering the sub-’ I ject as wa ought, and calculating what por-j tion of the community must necessarily live ! in towns, our surprize at the high prices 1 ! paid for town property within these few* j days will he greatly diminished.j We understand that the lots in Mnores-’ } ville averaged from one to four hundred dol-i lars. borne of those in Cotton Port went as high as 3,000 dollars, and at Triana, at | 3,500 dollars. In these last two we have j given only the highest prises, the lowest ’ : not being known. The whole sales of Cot-* | ton Port amounted to more than 70.000 dol-j lars while S3 lots in Triana did not fall* j much short of 90,000 dollars.| We have no hesitation in believing that ; the unparalleled rapidity of the iuiprove-| ment of this section of country will fuiiv* i justify this unparalleled prices which have f i been paid for property iu these newly laid!V I....... Joft* towns.
Newspaper Details
Augusta Herald
Augusta, Georgia, US
Tue, Jun 02, 1818
Page 2
Full Page
Clipped by
Library O.
DC, USA 02 May 2024
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