The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1845-05-02


managed establishments at this time. IL
is not long since, when l29 cents was con-
sldered the worth of manufacturing yard
Of Hemp Bagging, 1t is now reduced to .
cents.
4 will now proceed 10 compare the cost
of Cotton and Hemp, and give the argu.
menls for and against The manufacture OF
Cotton Begging. 1t is believed that Il
will be necessary to make the Cotton arl'-
Gle weigh , lbs. to the yard but 10 make
/ the comparison more easily understood,
we will suppose them both TO weigh ~
/ lbs. TO the yard. II must he remembered
/ that Cotton is purchased by the "elt iUO
+ lbs, while Hemp is bought by The gross
/ ll2 lbs, the IL lbs. being suthcleut To
cover the waste IN manufacturing ; 80 that
for each pound and three quarters "t raw
Hemp we have one yard Of Ia sng,
which, after adding > cts. for the labor "i
manufacturing, costs IL cts. Now tor
( the Cotton arllcle and bear in mind, that
the cheaper the raw material the more
waste there is, aud that coarse goods cause
more waste than fine ones. Let us sup
pose the cotton 10 cost "A cts, TO which
add the loss in manufacture, (say % per
cent, } and we shall have for the cost of
the raw material, in yard of Bagging,
weighing ] lbs, s cents 5 50--l00 mills,
or IS 50 for each hundred yards; add to
this, , cenls-the cost of manufacturing,
aud we have yard of Bageing, costing
10 cents . 55-l00 mills to the manuiac-
iurer. Admitting Hemp aud Cotton to be
Of equal value, aud allowing the Kentucky
manufacturer 10 realize , cents per yard
as his profit, it will be perceived that the
Hemp article comes into the hands Of the
wholesale merchant at IA cents; vhus
giving TO the manufacturer of the Cotton
article psofit Of 3 i5.l0O cents per yard.
This would answer very well if things re-.
manned just as they now are, but We must
take into consideration the adverse changes
that may take place. We mus, also bear
in mind that the Cotton worked into Bag.
gng, must undergo the same preparation
that it does for other kinds of cloth, aud
that only one step beyond spinning it into
Begging Yarn, We have il into thread-a
merchantable article in all parts Of the
world-ht for making any kind Of cloth
and which has never sold in this country
for less than l2l cents per h., then con-
siderably below the prices quoted IN Man
chester. Ii we double the amount aud
cost Of labor, we put the raw material into
a fabric that is consumed BY the whole hu.
man family, the demand being of such ex.
tent as 10 have no limit. While we feel
perfectly secure from competition, in the
cheapncss Of the raw material, IN n1anuiac.
turing Cotton Bagging, let US not be un
mindful Of other circumstances, which, al.
though they cannot be brought to bear
against other branches Of Cotton Manuiac.
turing, may prove ruinous in this.
The first il, that an advance Of cents
per ID. in Cotton, without proper tomato
rise in Begging, would take from the man.
. nfacturer his whole profit The second .
quite as (ormdub bic. mean the compe.
! tition Of Kentucky, where the improve.
mcnts in cultivation would enable them to
RAISE Hemp at 3 cents per lb.,. which
would pay as well as Cotton at cents.
Moreover, 1t Is the opinion Of those en-.
gagged in the manufacture % Hemp Bag
!; ging, that beisre they would give up tie
, business, the cost Of manufacture would Be
reduced to cents per yard, so that the
! Bagging may be furnished 10 the mauufac,
turer at ST per yard. Nor is this all.
, When we consider The limited quantity o,
Begging required for the supply Of the
) United States, we may justly have appre.
hension Of danger from competition among
ourselves. Taking the crop Of this coun.
Try at $500, 900 bales, and allowing )
yards Of cloth for each bale, il would re.
qnre but - 500 600 yards per anmm, to
supply tue whole United States, and this
number Of yards docs not equal tic pro.
duction Of several Of The manufacturing
companies in Massachusetts. There are
two establishments 10 Lowell that turn oui,
each, upwards of 100000 yards Of
cloth per annum. The establ shment At.
Iuded 10 in former chapter, having four
mills IN one enclosure, ludglng from tho
product from January TO Jolly, and taking
Cotton Of lis value hore, would yield
gross profit Of S62l,ls on the expendi.
lure for raw material and labor Of S39l,
3'l, while the gross profit on all the Bag
glng used in the United States, AT 3 -
100 cents per yard, is only Sl3l ,2J3, in.
yoIying an expenditure Of Sss7 800 IN la.
Dor and the purchase Of raw material.
Since the ahovn was published, il has been
asceftained that 50 per hundred is now The ruling
price for uunp in Kentucky
10 be Continued.
THE NEW YORK TOWN ELECTIONS.