404 [Assembly 



Tennessee is naturally a great State. In Middle and East Tennessee 

 a very considerable amount of cotton and iron are manufactured. On 

 the Cumberland river there are a number of rolling miles, nail and 

 cotton factories, and iron foundries. East Tenessee, like South-West- 

 ern Virginia, is unlimited in her mineral v^ealth. When her great 

 chain of railroads, connecting her with Virginia and Georgia, shall be 

 completed, this part of her territory must fill up with an energetic and 

 thrifty population. Already many European and American citizens 

 have been established here. Memphis in West Tennessee, is becom- 

 ing quite a manufacturing city, and is now one of the most flourishing 

 towns in the state. Tennessee has about thirty milUons of dollars 

 invested in mining, manufactures, railroads, and other improvements. 

 The time must come, and that at no distant day, when she will be a 

 mighty and powerful State. Agriculture and all other branches of 

 industry are improving. 



Kentucky is quite a manufacturing Stale. Her principal business, 

 however, is confined to iron, flax and hemp. Several cotton mills have 

 been erected, and a good many woollen factories. Louisville, Lexing- 

 ton, Covington and Marysville are doing a good deal of manufactur- 

 ing. The capital invested in railroads, canals, and other means of 

 water and land transportation, with mining and manufactures, is about 

 twenty-five millions of dollars. She has an excellent system of common 

 schools. 



Time will not permit me to be more general in particularizmg the 

 . industrial pursuits of the states above enumerated. The half is not 

 told for the want of it. I hazard nothing in saying that within the 

 next twenty years the bulk of the cotton manufacturing interests will 

 be confined to the South. All the signs of the times are tending to 

 this end, and he who can estimate the magnitude of that interest, now 

 regulating the commerce and exchanges between this country and 

 Europe, and between the North and South, may also estimate what a 

 destiny awaits these States. They constitute the great hemp, tobacco, 

 sugar and cotton producing States — combining these interests with the 

 wonderful mineral wealth and water power they possess ; their future 

 march, though slow to wealth and oower must be tremendous. 



