The New York herald., 1850-06-15
Corror FAcroRrEs OF THE sourH-ls4o

r;.,..... S ss:fss'' ssssss sssss ::f iiSS;
s:s;s Carolina. SsS SIS ,SSSS 1905 $ Ss$
Tot.h. .sa lhssO si7al.oos ss.ooo.
These returns are doubtless very imperfect and are
probably far within limits Virginia. North Caroline,
Mississippi, Kentucky, Indiana, Illinois and Ohio
are al manufacturing States and it Is our impression
that there South and West of Maryland At
least 300 factories 500 900 spndes 900 employed
sn cotton manufacturing, consuming annually 100000
bales Of cotton From the best data have SEEN it
appears that the consumption Of cotton, North and
East Of Virginia, last year. amounted to $4,000 bales
which, added to the pton In other parts Of tho
country makes aggregate of $4,000 bales eonsume
in the United States in 1s49 This is doubtless pretty
nearly correct, and exhibits a result, compared With
the consumption of Great Britain, much more favor
able than generally antic pated The consumption Of
American cotton in Great Britain, In lS4e amounted
to about 100000 bales being less 40o000 bales
over and above the pton Of cotton United
States The progress making in the Southern States
in the consumption staple is truly asonsh
ing and the for 1850 will exhibit an increase in
this department Of industry since $780, unpreoedente
In the history Of any country Capitalists at the East
and in England are turning their attention to the
Southern section of this country; and agents have
been appointed to examine certain localities and
port the result Of their investigations. We have re-
ctlNeu many letters from menufacturere In Great
Britain, requesting information upon certain points
relative to the Of at
the South; aud the interest exhibited by the wrers
satisfed that the progress Of Southern manufac-
turers was looked upon with great deal Of xiety
abroad British manufacturers aware Of the many
advantages the Southern States possess In perectng
this important branch of national industry ana f-
know full well that the cotton growing section must
ultimately be the greatest manufacturing portion OF
fhax
lapse of many years an immense amount Of csptai
viii be transferred from Manchester and Lowell to.
Georgia. Alabama and Tennessee The large navigabls
rivers Of these States the rapid extension Of railroads
the immense mountains Of coal the facility with which
slave labor be applied to manufacturing, eimste
productionsn fact hing isn favor of the rapid
progress Of this industry, within their linits New
England will in short time be Of secondary import
a cotton manufacturing part Of the country,
and the people of these States viii have their
attention to the manufacture Of nick nssks and
the nnumerabe trfss peculiar to the Yankees OF that
section. The South must ultimately nonopeliss the
manufactures OF wool well cotton and she will So
mingle manufacturing with agriculture, that she will
not have 60 beyond her limits for whatever raw
material may be wanted for the mills, the mouths
of the immense population depending on them.
The consumption Of cotton in different sections u
the country so far We have been able to form An
estimate in the absenc. of oca returns presents the
annexed comparative statement
CossvnPrIoS OF CoTroS THE UsrrD srArEs-ls49.
N.v Kpslsnd or Eastern States. Bales 4soSsS
Southern and southwestsrn States. S0OoS
Tstal ballet. -. ........ $50 600
High prices ruling this year may prevent any
increase In consumption compared with 1S49 We Do
not however look for any falling or a. the South viii
make up for any decrease In the pton st the
North and Esst Notwithstanding the groanins and
.1. r.. ~ho.s ~ A.~~ h.
interest the greatest activity prevails
at the South In the erection Of mills and in the
operation OF the old and such has been the improves
ment In machinery, &e, that factoriss can be put
and started at about half the cost Of those expen
sve in Lowell and equal to them in every
spset This enables those have lately entered tho
business. to work more advsntsgsousiy, aud compete
successfully with those who have foolishly expended
large capitals In constructing and ornamsnsag brick
palaces We not surprised that the sxpensivs
psrstons Of Lowell elsmorou for protsetion
may be necessary for them to live while others
not only live, but thrive without any government
aid .n
Manufacturing 10 like all other kinds Of busness;
many succeed, and many fail II Il estimated
that ninety nine out Of every enc hundred msr-
chants fail In the long run bndly and rsckisssly
business generally conducted In this sountry; and in
all pursuits there Il much that h artificial and
speculative, that perpanency s utterly out Of the
question. and continual changes are going on. The
mercsaIe classes subject to, aud exPerienes
revusions than any other and wonder they do not
follow the example set by the manufactures and de-
msnd from the government sufficient aid and support
10 protect them from the vcisstudes .of trade They
have just good claim upon Congress for protection,
for pension TO make up losses from bad debts, bad
management depreciation In goods 40. q, the
facturers have and II IL surprising they have suffered
so long in silence. The shipping interest is at pre-
sent much depressed, but hear complaints from
shipownrrs. and effort made to create d bus
sympathy According to the theory Of protection -
arevsDue tariff would increase the profits Of ship v
ers and ruin manufacturers; but the tariff Of hes
not, 80 far see, been Of much advants . 10
the shipping interest, Of much Injury TO the
featuring interest shipowners have ssp foe
complaint than any other ciass but they knes ths
pres. mt position Of their business more the res IA