The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1849-04-04
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SOUTHERN, ADvANTAGEssFoR NAN
4sx UFACTURING.


50, The present low prices at present afforded
forsthes article 'cannat be expected TO improve
much under the glut which must follow. VI
course it heccmes us all to cast about tor th'
bestpe,nedies against so Disastrous a result
Atnpng those (which appear to US most Prac'''
oakland, direct, is that of depending on our
seyesfar all the fabrics into which The aitlcle
car, be converted, and it is a source OF unalloy-
ed gra,ificatjon to every true patriot TO witness
the Efforts now making, III only in Augusta,
ca. but in many other sections in the South,
by this effective process to bring up prices
JSdesad. when we we contemplate the complexion
ofSouf political horizon, and survey each dark
sfsSf: that al this moment threatens To- mar its
tirflliancy, we are astonished that one capital.
iist sESold he found among us who is not ready
aud dwilfng to embark in scheme which i,
50 sselI calculated TO place our section of the
uaionsins its apptapriale position in regard I"
this ostantsssiapie. We can butthink the
fsaldwing illustration sufficient to satisfy the
rnnst scrapulots for recollect that the great
difficulty is always aledged that we cannot cop"
With she cheap ,lapor and lowsmoney interest
.oES ihs North, nor with the pauper labor "t
Europe. s. Now, without going into detailed
ANALYSIS of all the elements which necessarily
,.risr inio The estimates for the manufacture OF
cs,iton goods, We viii simply suppose that two
pFonf;eIors Of machinery we're to invest equal
amounts wiih b a view TO convert, each, an eqna !
quantity Of raw cotton into an ass assortment "'
such as ,ea,icoes as now sell inthe augusta
marker for 8 cents per yard. One OF them To-
Gates his factory 10 Georgia, the other in Rhode
Isiand. How stand their respective chances
fori.profts? We viii presume that when a
blSsnd of cotton is worth in Augusta cents, it
,siIIc0muard i'm Providence, Rhode Island, !
1s2csnts. saThis is SO per cent. Tor the trans
uStsst;oo! Of the raw material. from one of the
ilacesin aaestion 10 the other. but in con
sSsn,ience of wasiein passing through the ma
chiaery,sand the greater cnmpaGlness IN The
packares aflhe, fabrics, the cost Of transPorta.
ton ofihe latter we. will put down at ~ per
cent. ON tha original cost. All other clrrnm'
stances beins equal. it is plain. that If thes"
,,vf, Gentlemen Compete ina southern market
"a ihe sale of their goods, the Georgia manu-
iaciuref can unde rsell his competitor ny 5o Fer
ceid 81, The cost of the raw cotton, and make
ffSe same profit, because the cost of CARRYING
the cotton first 10 Providence, and that of bring
mp ihes fairies hack. added together, ,musi tram
rsei46e orice of the good. al retail to the con-
amer a 81 mai amount If they compete in the
Norr,hern narke, then we have only to deduct
a0soer .ceni. the cost for carrying the densely
nacked fabrics from So the cost for The same
carriage on the lot Of cotton frnm (which they
are male, 40 shaw. iheynnd question, the South
erner:migbt uadenell his competitor by 10 per
cent, and make the same profit. We do not
nre,ead that business men would make the fore.
eping numbers precisely what we have put
tsissn dawn al. hint that they are close approx
ination toa practical TACT is Pa'Pahle. we
know. several factories now in operation in
Georgia, @boas admitted clear profits cannot
be less than 90 per cent. on their investments,
while we doubt if the planters generally net
Der Cent. Buf there is another view to he
taEei, fthis matter, so far as planting capital
ists are coicered. that malesSit still more the
dfify of the Sonih.to entertain the manufacturing
sa5Sarities of the country with greater earnest
6esifiess. 7, ii this. The large farmers who
are Il, a minority as to numbers can al any mo.
s6snt commence, and as has been repeatedly
shown, successfully enter upon anSun'ri"d ca
feer. while the smaller ones, at present prices,
do merely make square fiji in their accounts
iii the end of the year, and ufconrse are una.
b,efo change their habits. This latter class
an arrisiriic at his npares. market becomes ap.
pailsd by the first glance, at the glut occasion
cd by over production. f.et the mind then. tor
a asfnSnsent, ffesiimate for itself the prodg'o's
benaffs which would result to the South by
adding 10 what IS usually deno,ninated, manu'
faciurine benefits, those which; would inrviIa.
blyresult by carrying out the policy herein sug'
Ses,ed-2o per cent. profits to the large plan
tssif,s,ead Of 5-a new and increasing market
Stsbone f.jr af, incaiculable amount of agricnl.
tnrai products, now in great measure eff"e
and The blessings Of improved prices to the
small fsrmer by ce tain diminution OF an
oyergrown supply.-Augusta Republic.
FHr FoRE1cS IxrELI1e Escs by the Cana.
da.S both political and commercial,it no, start
fHhpin Interest, is at least Of hopeful char
acter. The Indications Of continental troubles
although appearing to pohend@ distrust in the
Continuance of general peace, are really synp'
fouatic ofsa speedy return to order and inter
national repose. The military demonstration
made by Russia, 80 FAR from impairing the So
etifities of peace, strengthen them. The on
danger 10 Europe was in drawing into conflict
France and Russia, or France and England com
biinnied against Russia, Austria and Prussia, by
an Inevitable involvement in the domestic dis
t;sItes of the iesser power. But the conserva
tive is entirely, for the present, in the ascendant
in France, for Paris Is the focusof those move
ne ne n,s which CONNIE ncing with Propagandism
terminatedin dragging the government within
fhes vortex OF foreign war. II wonld have
besn impossible To have prevented general hos
siIilies in Europe, If the Red Republicans hae
no, been orrr,hrown. Bat the effort t" es'ab
H.h ibs republic oi.,l792,s on the banks "'
the Seine has lailsr.s The Prnpagantists are
driven into oi.c,,rity. Bonaparte's sympalhie'