Download or read book The Westward Movement Capital, and the Facilities Which St. Louis and Missouri Offer for Its Investment (Classic Reprint) written by Sylvester Waterhouse and published by Forgotten Books. This book was released on 2018-03-06 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Westward Movement Capital, and the Facilities Which St. Louis and Missouri Offer for Its Investment These significant facts show that the westward migration of manufactories is a general and rapid movement. This transition, obeying economic laws and incapable of arrest, will compel a readjustment of eastern industries. Every sec tion of'our country now exhibits an unmistakable disposition to supply its own wants. Every region in which the cost of transportation from other localities permits a profit is establishing its own manufactories. This universal and strongly marked tendency towards industrial independence is a distinctive feature of our material development. Capital, delicately sensitive to every economic change and actively adventurous in quest of profit, always seeks the most favorable places for investment. Latterly millions of eastern money have been expended in theestablishment of furnaces, factories, and workshops in our southern states. Doubtless the westward flow of northern funds will continue. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.