"Present Position of Alabama."

Letter from Daniel Pratt in Prattville, Alabama, in which he discusses the need for stable banks and financial incentives to draw manufacturers and capitalists to the state. He points out that much of Alabama's potential business is lost to other states, and he urges the legislature to improve...

Full description

Bibliographic Details
Format: Electronic
Published: Alabama Department of Archives and History
Subjects:
Online Access:http://cdm17217.contentdm.oclc.org/cdm/ref/collection/voices/id/2553
Description
Summary:Letter from Daniel Pratt in Prattville, Alabama, in which he discusses the need for stable banks and financial incentives to draw manufacturers and capitalists to the state. He points out that much of Alabama's potential business is lost to other states, and he urges the legislature to improve the current policy: "The greater the money facilities, the better the market....Why is it that we cannot for once lay politics aside and both parties look strictly and alone to the interest of the state?...I contend that any business which brings capital to the State improves it, and that which is for the interest of the state is for the interest of its citizens." To support his argument, Pratt describes the success of the manufacturing village he founded in Autauga County.