Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-11-17

Cotton Manufactures OF the United States.
The growth of this branch of productive industry
in country has parallel According to the Off
of IN
turers were referred, only FIVE hundred bales OF cotton
were manufactured in $780, and in 1905 only one
thousand bales say about three hundred thousand
pounds. Previous to the tariff Of 1876 the best estl-
mates do not place the whole amount above eleven
millions of pounds in year, about one sixth ofthe
then cotton crep of the United States In 1881 1t Is
estimated that net less than seventy seven millions
ofpounds were manufactured; since which our cotton
factories have grown with rapid increase, until our
late pecunlary embarrassments commenced. The IN
crease of this manufacture was equal to one hundred
per cent In four years. preceding 1881. Whle the
greatest increase in Great Britain, in any five years
since 1870, was then estimated at only hfty-sx per
cent.
In 1884, Mr. Pitkin calculated the whole value of
the proceeds Of our cotton manufactures at forty
millions of dollars If they progressed at the rate of
only ten per cent per annum the three years follow
ing 1884, they must have equalled about fifty
millions Of dollars, the year which Immediately pre-
coded the late pecunlay pressure This vast amount
with the deduction of the raw material Is accomplish
ed by the industry of not exceeding one hundred and
twenty-five thousand workmen-more than two
thirds of whom women and children, and whose
labor would be of little value in agriculture. The
fabrics produced from this source are many OF them
nccessaries and all conducive to our comforts which,
lift were not for the factories must be supplied from
other countries or must forege the comforts which
they afford. We ought perhaps 10 except that portion
whichis exported For-strange as II rnay appear to
those who fully believed never could produce
without continual sacrifice, cottons for home con-
sumpton-we do not find that the item OF domestic
cotton goods exported TO foreign countries equal TO
above two millions Of dollars per annum. Suppose
our merchants had been told when the last war CON-
menced that at this time we should be the exporters
Of domestic cotton goods 10 an amount about equal
to fsheries-cqual TO our whole exports of beef
and park-equal to more than half of all our then
great staple viz. four-and nearly equal to oar ex-
ports of rice they would have laughed such pro-
phecy to scorn. For twenty years previous TO the
war; all our enterprise and industry had done COM
paratively nothing in producing cotton goods.
Under the double Duties what sometimes
called the war duties and the 'mpediments which
the war placed in the way OF the imports OF foreign
coths-factories sprung up like mushrooms, and two
years accomplished about double what had been ac-
complished in twenty years before. Let those who
sarle al high tariff remember that cOttons received
the highest protection, and until high protection was
applied their progress was slow and feeble. Let those
who believe that high duties tax on consumers
remember tkat the same cotton cloth, that readily
sold for twenty-five thirty cents per yard when
protection was withheld, has since, under protection,
been bought al six or seven cents per yard
The Secretary of the Treasury reports in 1885, that
the exports Of domestic cotton price good printed tied
And that the white domestic, do. eqaalled l950,7s5
22e7, APO
Amounting 10 TWO mlillons, TWO nunared ana seven
thousand four hundred and twenty dollars.
Domestic cotton goods were scarcely known IN
our great markets at the commencement Of the late
war; they now no doubt constitute much the largest
portion, and are every day gaining the imported.
Some have ventured to assert that the sti-
mulas given to the manufacture Of cotton alone b
the late war, has benefited the nation in pecu.
mary point of view more than the whole expendi-
lures which il occasioned.
Even from the above hasty and imperfect sketch
n he
importance of the subject be evident TO the most
uniformed mind. For the year ending Sept. 30th
1885, we imported Of manufactured goods, as fol-
lows
Silks S26077,74s
Woellan, 2439l,G52
Cotton, 2il349S7
S7l,604?86
of 81, 2S492
During that wear exnaried oreinn