Wednesday, March 19, 2008

prosperity


Present day view from Riverview Cemetery looking southeast 3.25 miles to the radio towers atop Carter's Mountain

While the company struggled to get back on its feet, a wave of prosperity swept over the country and seeped into the South. Cotton mills grew by leaps and hounds. Southern mineral, tobacco, and lumber interests continually reaped the fruits of reconciliation. In the North and West, the nation flexed its muscles sending railroad spurs to crisscross the land and entering an era of unprecedented business expansion and consolidation.

Even in Charlottesville the general prosperity rippled through the business world. In the decade of the eighties the town doubled its population to nearly 6,000, while personal property values jumped from $300,000 to nearly $600,000. Few new businesses appeared but the established ones benefitted from the general flourish of activity.--Harry Poindexter

Labels: ,

0 Comments:

Post a Comment

<< Home