The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1849-12-01

~ u AMNknL - -
Upland, 81; Fair Mobile, Oil Fair Orleans ~
LoNpor MARrrrs. Rates in the London
money market on the OH inst. were ra'nef
.biab Consols we're 92E to 90. Discounts
we're easy.
There was no prominent feature n the All
pect II trade or business during the week that
called for remark. Things in general remain
unchanged. No improyeme nt had taken place
"a orain either at London 81 Liverpool. 1t had,
on the contrary, a downward tendency, altho'
The prices did not exhibit any material change.
COTTON MANUFACTURES AT THE
SOUTH.
An esteemed gentleman Of Mississippi, IN
making a remittance to the publisher Of this
journal, has the following:
aSay to the Editor, Dr.. Lee, we would like'to
hear something about the crops in the Atlantic
States. Also the progress Of your cotton
manufacturing in Georgia, South Carolina aud
Alabama. Mississippi, as yet is doing nothing
in the way Of manufacturing cotton. know
Of but 500 spindles in operation, which are in
Choctaw county, Miss, and started BY come
Georgia gentlemen, and which shey intend in
creasine. Many Of our Mississippi and Louis
lana planters are taking stock in Cannelton,
IndianN Mills, but we ought to invest our cap
ital in Mills at home. Very respectfully.
W.. R. c."
In reference to the crops'in the Southern
Atlantic States, from all We can learn, cotton
is below an average full 20 per cent. Some
well informed planters and dealers place the
deficiency at 80 or 1885, per cent. Corn is full
an average crop, and probablys something's above.
Potatoes little below, at least in this vicinity.
There are some S2oo,Oo0 invested in a cotton
mill in Augusta which pays from II to l6 per
cent interest, and the stock sells freely in the
mark 1t above par, when offered. The recent
large advance in the price Of cotton, from
about s to 10 cents a pound, has had the effect
to check investments in machinery Tor spin
ming and weaving our great staple, and to en-
courage the purchase Of negroes and land tol
3 producing it. Nevertheless, we believe that 0
still farther erection Of factories in Georgia
and South Caroline, is called for, if we are to
pursue the best policy for both growers and
consumers OF cotton in this region. OF all
things the planter mos. needs sCme degree o.
: stability in the price Of his crop from year tc
{ year, that he may make a reasonably safe cal
E ~culation beforehand what his receipts are tC
5 be.
8 A. steady home demand for fourth Of
y third Of the cotton grown in the State, vii
contribute to this result. AS a general thing
n a bale of cotton carded and spun into yarn o
thread, will sell for about as much as twI
g bales Of the raw material. In Georgia. it j
y quite as cheap to card and spin three BALE
o (some say FOUR as it is to raise two. In the oil
IS Atlantic States there are tens Of thousands c
ts poor white persn ms OF both sexes, wao not
earn very liltle for themselves of the commu
Is nifty, but who might add millions to the wealt
Of the South, if a share Of it's capital CAV
E them profitable employment. 1t strikes u
re exceedingly unwise in an economical point o
le view, to maintain 50 large a productive powe
be in q state Of continued WnprOdue tiveness, Their
NJ are Georgia girls al work in this city who ten
es each six power looms; and each loom weave
from SO to 40 yards of cloth a day. Such gu
lr- gets about four dollars q week for herservicei
he and earns about as much more for her employ
ng ers' Both parties are greatly benefited; an
the ncighborhood and State participate equa
ly in all the advantages and all the gains whic
Ia accrue to the capitalists or the operative
cd The e~levating anu humanizing influences
>, day and sabbath schools, r%eading-rooms, Iibr
an ries and religious instructions, which d
brought home to the ireside Of poor famili
y, already too long deprived Of these blessing
=. are not among the least important benefits q
tending their honorable labors in manufaclu
nd ing pursuits So long as poor white perso
=. are willing to pay literally for these adva
;0o iages, we beg to ask if il be moi wrong to i
vest all our money in mules and negroes, al
leave them in the pIny woods. or elsewhel
lacking intellectual and moral culture, and /
frequently tempted from want and habits
Sn- %idieness, to obtain properly from servants
ue ways not strictly honest? Society can n
qua enjoy the highest prosperity and exempt,
me from ignorance and crime, till it. shall taI
'eS- due pains to protect all persons, whether bla
,'n or white, bond or free, from the temptation
,en against which we are commanded to pray Ii
80 we BIO led not into.
To neglect the poor, and despise. mechal
~ cal pursuits, will be productive of evils frC
which planters can no more escape than a
'%e other members Of the community. The pea,
fdl arts and diversified industry can not be d
'uet Pensed with in any State with impunity.
IL We are asked 10 mama he heat nrrann