Other enterprises have likewise been profitable, and when normal conditions are restored this capital will seek new investment.

While prophecy is dangerous it seems probable that manufacturing in the South will grow as never before; and new forms of investment must be found, as the rural districts cannot furnish any greatly increased supply of labor for cotton manufacturing though the towns can supply some adult labor for other forms of industry.
The labor question is beginning to grow serious in some localities, though it is difficult to discover whether the problem is chiefly one of getting labor at all or of getting it at something like the wages formerly paid.

Apparently, however, the industrial growth of the South has been more rapid than that of population.

Heretofore the farmer has had little difficulty in obtaining some sort of assistance in cultivating his land, and this abundance of labor has lessened the demand for agricultural machinery.

Now the migration of the negro to the North has created a shortage of labor which must force the farmer to purchase machinery.