Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1848-03-04
sEFPERs0s coUNTY--rIIE SOUTH
ERN LOWELL.


- = = 80 = - = 0<t y ANtOh1s
his sou1ceof pleasure 10 announce thai ac-
hse measures have been taken fof the erection or
smother Cotton Factory in he County or JeiIer-
sons-ic manufacture colersd cofton goods Or
every variety and character Mr. N. sr.v.
saorer. q New York, snfsrrns rs NAT he in
sipient measures have been taken for the Dur.
chase Of ihe Hopcwell Mill" owned b. lie
MeszrN WALLS, situated npon the Shenandoah
River, sir miles from Harpers. Ferry. and four
fom CimElesloun. and for he converting Of he
same into q cotion Factory. Application has
been made % the Legislature for the renewal Of
Charter, whirh had expired. for manufacturing
purposes, passed Ia 1887. The beilding which
= designed 10 be converted limo The main one for
manufacturing purposes Is built Of stone, Sc by
IS ipthe clcar--haying four fioors--and is cana.
be Of containing 1900 spindIes and 40 looms
The water power has recently been improved BY
eops,rncting stone fore-bay, and Inserting Two
u 8. 3. Howd's Paien, Iron Water Wheels.
The Company viii be known 81 The name Or
ne Madison Manufacturing Company" The
~sspiiai, required to purchase the Mn, together
with eighteen acres Of good land and the i'm.
rroyemenis including all the machinery -
sessary 70 put the Factory in successful epcra-
hop. will Be about S3690e Eighteen thousand
dollars, or ene-half Of the whole amount Of capt.
gel that wiIlbc required, Is ALREADY srBscRiBED.
~ four entcrprising gentlemen Of our county,
and no approximations are ielt that the whole ca
pilal slo.as will be taken 10 The course Of few
seelrs. Il i confidently expected thar the Fac
tory will be IN successful operation N less than
six months. The Inducements FOR an invest
men, 10 this enterprise are certainly very strong.
The situation y commanding, the water power ca
rarioas enough for dozen factories, the amount
sfmoncy comparatively small, and speedy re-
turn Of The principal in the shape OF digidends,
may b calculated upon with an alnioss uneuing
certainty
The fact Of 80 large a establishment gotten up
With 50 small an arhouns cf capiial--situated on
: riEer Of inexhauslible reseirces-wiih very
strong probability Of is being made navigable
Tor sons $50 miles from is mouth--located in a
healthy coaniry-rich Notwithstanding
In fuel and provisions, for which the Valley OF
yirginia Is pruFerbial-with lands whose soil
win faFofably compare with any in the Union
are matters thar canno, ian TO elicit the attention
u the active and enterprising Of our own com
~ and attract hilher from other sections of the
ecua,ry athr;tly and frugal population,
The people Of the Valley OF Virginia are be.
ginning TO see thai their interests are promoted
b. the erection Of Manufacturing establishments
In their midst thus increasing their population,
encouraging industry, and opening market al
homefor the products oflthe SOIL
Il Is certainly TO be hoped that our people
viii not allow the spirit Of enterprise 70 sub
eide, nor that they viii grow weary in the good
cause IN which they are engaging, which wiill
sreuiuals IN filling their own private Golfers and
eicvating the standing of their county. Lei
their means and influence be actively employed
ID the promotion ofmanufacturing purposes, and
Jefferson County viii soon Be The great Lowell
q the South