Washington telegraph., 1854-03-15
Manufactures.

In the absence of Mails, and as matter
of general interest, we would call the atten-
tion of our citizens to subject that has oc-
casionally occupied our mind for some time
past--we mean the establishment Of Cot
ton factory in our village That such an
establishment would be profitable and useful
in our midst, has been often demonstrated
by facts and figures, and amply proven by
successful experiments in other places.
If we can be allowed to judge by the ap-
pearance of things and the opinions of bu-
siness men,--men intimately acquainted
with the pecuniary condition of the country
the present is very appropriate time to un-
dertake and carry through such an enter
prise. This portion Of Arkansas is CON-
paratively cut of debt; many of our plant
ers and business men have small amounts of
capital uninvested, and being owners of as
large an amount of real estate as they desire,
and unwilling to invest their means in ne
groes at the present high prices. (and there
is no prospect of their being lower soon,)
they appear to be at loss as to the best man.
ner of properly and proftably investing their
surplus capital.
We are aware that, as general rule, in
all new countries although famed for their
frankness friendship and hospitality, there
exists, toa certain extent, feeling Of isola-
ton and distrust in every thing relating to
money and business. Being. generally. the
artifcers Of their own DEMONSTRATING
earned what they possess by their own Ia
Dor, industry and economy,-they entertain
distrust for all joint stock arrangements,
and are unwilling to favor any plan that
will tend to place the management of their
means. even temporarily, under the control
of others. Such feelings, although they
may be natural enough, should cease, we
think, to influence the conduct of our peo-
pie. 1t is time we should learn, what has
always been the case, that, we have amongst
US men of sufficient energy and business ca
pacty, and we may safely add, of sufficient
honesty, to conduct properly any enterprise
requiring for its successful prosecution asso-
ciated capital.
We feel no hesitancy in saying that if
confidence could be established, sufficient
amount of capital could be raised in our
vicinity to establish a cotton manufactory on
an extensive scale, and that men could be
found, qualified by experience, as well as in
every other way, to conduct such an estab-
lshment proftably. That such an invest
ment would pay well, it needs no elaborate
to prove,-a simple reference to
the success Of such establishments elsewhere
would be sufficient, without the additional
facts, that we have here the raw material
and the market, not taking into considera-
tion the amount it costs this county annual
ly, to transport even that portion of the cot
ton crop to market tnat is returned to US in
the shape of manufactured goods.
We would therefore suggest to those who
have means they desire to invest in a man
ner at once safe and profitable, the forma-
tion of Joint stock Company, for the pur-
pose of erecting and operating Manufac-
tory of Cotton goods at Washington. We
are fully satisfied that it would prove prof
liable to all concerned, and add greatly to
the business and prosperity of our town.