New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-07-30
FRlDAY MoRNING. July 30, ls58.

present, at all events.
Then supremacy Of England being removed restores
France and the continental nations to equilibrium with her
with regard TO this manufacture In France the human mind
has become accomplished the highly cultivated
and scientific skill exactly interviewer with the arts and her
superiority 10 elegant and tasteful manufactures becoms
abIshed She will rank again IN front Of England
and much the be said Of the other continental
nations So animated those natiors
and England Will spring they to her through their
restored advantages and she to hold her We may there
fore anticipate essened duties where any yarns will
be rated material which they really much
Cotton. They viii wish put their artizns footing with
those Of the United States lest people might beat them
These are legitimate results Of invention and Louis Ma
poeon ard the rulers o. the continental viii b quick
perceive and to act them In support Of these views and
that is her cheap coal which has foundation Of Great
BritaDs monopoly of the cotton manufactures viii quote
from Of her best political economists Mccullough who in
his Historical Geographical and Statistical Dictionary eys
under the subject Great Britain and The head Cotton
Were any change revolution effected in ma
chinery that should admit OF coal being
pensed with it Is dicultio say what effect
long manufactures. so LONG, however, COAL
continues be indispensable in industrial undertakings
present. there much the shadow ground
suppOng that manufacturing prosperity win be mpaed
This the whole ground and m and has The boast
Of English statesmen BY invention, 1t perceived
pishes revolution he destroys their spndss
make an existing for purpose indispensable to the
planter gin with take the cotton from the seed spin
into yarns 1t does however much besides. it
pense spiuners necessarily The planter without almost
anynew expense bymy process puts his crop yarns
The parties who have spinning establishments
large capital that is isis business which demands IT. and
they from their heavy expense get largely per pound
and above what the cotton them simply give
their old back r. H. Baird thoroughly experienced
spinner in his "Amercan Cotton Spinnsr5 page 20
nshes of the wages and expenses spinning
factory for week The cotton IL per pound the
contingent expenses, and interest Of factory
buildings etc 9 the profit per pound 6z
the yarn sold for Thus the spin pound Of
by the actcies is shown be g besides the Of
the cotton.
long said we'll known that the consup
ton of cotton great Europe in the United
and in Great Britain three times much cotton
make would supply IT, Let yarns
put in situation that enables all those hundreds
of millions to become buyers and Of them and
hence putting whole into increases the
Of consumption that capacity 10 supply that consumption
| will be wholly inadequate.
Let the planter pursue the mode Of calculation
the manufacturer does Of making pound
Begin the and plantation the
woodland in this value down
vnlueof all the negroes the plantation
house that down ascertain the value your horses
and other live stock that plantation
chinery, houses implements etc. and that down. the plant
mansion, and everything connected with the investment
make heerop Add these amounts and interest the
total and that down in place. Get the following
amounts and put them under the above rz the plantation
expenses taxes the and tear of his mules plantation
cinery and implements the and Of his lands the
Of his negroes the loss death add
these his family aud house expenses These added together
deduct value of of negroes by BIRTH divide the
remanng the number Of pounds of his crop and the result
will show the true cost to raise pound Of cotton.
That will be precisely the fsr all planters
some economical than Others give thought
personal attention but any the cost the
of land negroes and necessae will rise up
pound than may be generally supposed Then you
for of years below the you and you
| o In to he
this ascertained Of cotton and the price ITSELF
say you the you calculated
adopt for the time which balances your
That You do not make full rate Of interest evidence tina
planters large capita lists there great
on Of wealth going on but apparent IL they could d
yerify their labor and direct Of their capital ineres
paying Investments they would their credit their
and strengthen their position that ndious eneie
would be eonfounded and the Of abotions become
inct Then, Messrs Edots, in with invention
the extraordinary in its result and ths nience of
application of anything before known. When W
contemplate it much value it, we aer in the nvestiga
ton before terminate the list Of its advantages.
Language is insufficient 70 do jusce by slightly divers
flying their labor and ie of their investment do that hc
financial prnees of them single step Let
desvor what it and what its results Take
which produces the extremes-owest and highest
of 400 to 600 bales of coonsay $50 baesone year wit
another for ve years An outlay for machinery of $1,000
S9OOO in addition, is required to process into eeet
II mostly small and women, old ones,
very few that effective attend it, and spin the 450 bale
and thus make the farm product the planter
r than twice much as it does.
In the factory mode calculate the interest this
for the machinery, Its tear OIL
the managers spnners 1t all may foot s20OO
o $500, per
Thenif should sell yarn only
uactuer spin it. 9 above the averags price of
ton it will be that spin 10000 pounds Of yarn tn
is only about Ia pound inclusive of OUTLAY
with interest capital and and tear of machinery An
the profit over and above, $50 cent getting 9
Inr,1Y - tIn
outlay Of only II cent pound at the extreme. Ju
think oft! Is it not indeed prodgious -s5O per cent
But shalno be restricted 10 only and abov
price the will fully get present sp
and have many chances for advanced prices Weight
eonspre force this In the first place there
large capital employed in the spinning of cotton So fast
progress spinning that capital will be relieved and its
raj affinity will be towards and cotton manufactures s
This will be immense result of invention and impor
!. aid Secondly, yarns viii flow through ii
., commercial channels to market that does
= capital in thSt trade will be support Furthe
y the yarns will be made from week to week and month
month"; thus be the year through going Market by the
of their arrival they will be actively sought for for mmeda
= consumption; the market will not be overloaded by Il
being thrown on it within few months, And LASH
after crop two, planters will have realized enough
pay off their debts, which will give their
traders and enable them to deal with shou
they want credit 1t will undoubtedly be increased in propor
u to their increased means of paying.
have here presented of foster
crease prices uenlanus eHcn OIL Whlcn Is powerful,
would admit Of wide and interesting elaboration viii
- cannot be controverted with truth
One view in confirmation of what have written
conclusion Of this branch of my subjects To sell $50
400 pounds at the average price of Eve years. it would
Se000 Let deduct from this the planters expenses
the plantation expense and for estate Of the
take about Sl1 600 reman Leus pn the into
sell only the addition the value 20
brings $50 00 The expenses put into yarns the s
pie outlay present expenses will So
Them product thus sold for @ 900 will have $1,000 to
Quoted present plantation expenses portion
the S36 0O0 being OOO and $500 from the produce
SIT 0Q1 fer its portion, which reaises l50 cent
by portion and showing that my invention
worth the cotton planter aud half plantations
ETC. more than such cuvates instead of bel
= him simply another plantation and negroes equal
- he euyate and merely doubling his income as hR
- hitherto thrown out.
Messs Editors, let Southern editors, statesmen and plant
= examine position advantages those whom
to world victory will be complete without eoute
When armies meet if there disparity of force and
sion, leader and the other capulates Engl
arms like case surrendered TO American and,
nv rely it. that produce the yarns English spind
to the agreeable considerations the 81 branch Of my sub
@ in which will show good for the opinion, II
y " my invention in the coming ten years will make N
cial effects on yarn receiving cities its benef
~ - effects on commission merchants, etc.
sa THE GREAT FINANCIAL CENTER WORLD.
per In your valued editorial referred to- you remark
yarns being in bulk half of that it occupies