Lewisburg chronicle. [volume] (Lewisburg, Pa.) 1850-1859, 1850-08-21

tntS Cc property ConuoC'eu, WI" ply ~
large an interest on the capital employed
The last year has been the hardest on
iknawn TO manufacturers in this couot:,
for more than quarter oi century, ant
yet. even during that time. can poin
you to manufacturing companies wh'ci
have divided profits al the rate Of ten PEI
cent. per annum, and some even more
Dull as those years have been. and muci
as profits have been curiaIed, the conf
dence of old manufacturers remains unim
paired, as appears from the TACT that mill
IONS Of dollars have been and are being in
vested in new undertakings Of the kind
This would no, be done, unless those who
make the investments, were morally GER
tain OF successful result.
have not the leisure nor would this BE-
the proper mode and time. to enter into
details relative to the exact cost and profits
OF manufacturing, bu, this will venture 10
say-shoud you embark in the business,
you will be so well satisfied with The re
suit, that two years from The time of COM
mencing operations will not have passed.
before you will wonder and regret tha,
you had not commenced many years since.
A cotton mill Of ten thousand spindles, for
instance, will, with q sufficient amount OF
working capital, cost about two hundred
and fifty thousand dollars. Alter having
been about two years in operation, and
paying every item OF expense, labor except
ed, it will he found 10 have returned lis full
cost 10 the community. Ii. other words,
a community with capital Of two hundred
and fifty thousand dollars, may. in two
years, or al most in two and half years,
by means Of labor alone employed in The
Of cotton goods, enhance ,ha,
amount to five hundred thousand. May
inquire, BY means Of what other industrial
operations can that be done
OF tho nett proceeds Of the operations of
lhe cotton mill, you need not be told tina,
Ihe owners will command full share, IN
The shape of proi,s-sometimes ten per
cent. sometime twenty per cent. and some.
lines even more than that but the entire
amount is in the community that com.
nunity will be enriched by so much-and
is circulation through all the channels OF
ba siness, Of every description, can not fail
o WELD, very powerful influence on
very description aud department, to give
hem increased energy and vigor and great.
y to promote. The general prosperity.
1t requires neither methodjcal proofs nor
abored arguments, to show that the sum
f two hundred and fifty thousand dollars
distributed 10 n community like yours once
n two years, and that SUN the product OF
abor alone, mus, be productive Of great
nd salutary effect. But more especially
,ould il be so, when we take into the &C.
cunt the very important fact, that at least
wo-ihirds Of the whole amount will be
reduced by the labors OF young women,
iris, and boys. now probably entirely
nproductive, or producing but very little.
With such an increase Of capitol from
me to time. of course there would follow
corresponding increase Of business.
When moneyed men had found that capi-
II could be so well employed, their gains
'ould not long be suffered 10 remain Idle,
nd the earnings of one mill would be ia.
en- to build another, and so on; in the
,me way as the manufacturers have done
! Lowell, and in a multitude Of other pIa-
|aces. 10 consequence Of The in.
rease Of cotton manufaclorit 9, there
lkes place, Of necessity. an increase Of
opuIation at least, when all the resident
opula,ion have been broush. fully into
mploy ment. With every new mill, there
'ust be an additional company OF mana.
ers, overseers. and operatives and the
lbors Of all these 60 TO swell the aggregate
mount Of wealth in the community, while
,eir earnings minister 10 their own wants,
nd enrich their employers.
Besides the above, the manufacturing
usiness. as il increases. brings in its train
lher important accessions. The carpen-
r, the mason, the blacksmith, the machin.
I, &C., all necessary 10 the manufacturer.
nd to those connected with the business oil
,e mill-are equally necessary, the gro
er the butcher. the baker The dealer in dry
oods, the tailor, the boot and shoe. maker,
nd host Of others. As a consequence,
,e additional wants thus creating addiiio.
al demands. every species OF business
,ust be augmented in the same ratio, while
,e increasing amount Of wealth, must i'm
an 10 it great additional lie and activity,
$ well as prosperity.
Blu, Of all the various callinSs, there is
o man in the community who is more di.
,ctly or largely benefited by manuiaciur-
rs than The farmer The more Of d sue.