New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-06-25


G. B. Bigelow, Of Massachusetts, has published an
essay the manufacturing interest," designed to prove
that the corporation system prevalent in the New
England States is chargeable with most of the evils
that have accrued in fluctuations and depression.
We take the following summary of RESULTS
From 1850 to 1856 Great Britain increased her CON
sumption Of cotton So per cent. increase during
the same time was only 81 per cent For three years.
from 1858 to 1856, the comparison is still strk
ing expressed 10 value the cotton manufacturers of
Great tain increased nearly S3sO0O000, while
nearly stationary. During the same three
years. also, the amount of British exports OF cotton
gods increased more than S27 600 600 while ours
actually declined nearly 50 900 600 The British and
French manufacturers are greatly diversified among
innumerable branches of the tex lie arts Those Of
America are mostly confined to few leading articles
The preindclal results Of this system are shown in
the fact that in France $50 per cent is added TO the
value Of the raw material by the processes of manu-
facurers ia Great Britain l56 per cent aud in the
United States only 81 per cent. The profits of the
English manufacturers at the least average double
those Of our corporations Single individuals in Great
British not unireqaenly rise from the humblest be.
ginnings, and accumulate enormous fortunes by en-
gaging In manufacturing upon their own account.
Mr. Bgelow gives several Instances of this.
Among these Is that Of a cotton manufacturer of
Blackburn, who could only write to sign bis name.
he began life as factory operative In 1888, at As
years OF age, he undertook manufacturing In small
way on his own account, and gradually extended his
mills and was reputed to be worth half million Of
pounds sterling Mr. Titus Salt, by the manufacture
Of worsted goods, has, within rs years, risen from
| humble circumstances, until he has become the
owner OF an establishment near Bradford comprising
floor area for machinery of about twelve acres and
/ for the accommodation OF his operatives 900 DWELL
ing houses. This vast concern contains within itself
4 the means of preparing the raw materials used and
manufacturing $4,000 yards OF alpaca or mixed cloths
per day. Nor has the corporation system been UNI
tried IN Great Britain it has been tested there and
has failed; and now is seldom resorted to, except
for g the trial Of some expensive experiment where
the object to divide risk rather than to make profit
/ Such is the experience of England.
As regards America, Mr. Bigeow well says % IL the
system Of manufacturing by joint-stock companies
have succeeded here ia Massachusetts for unques.
tonably II has had fair trial The Legislature has
granted IN its support all that has been asked No
other system preexsted to interfere with it, Men of
wealth aud talent and OF the highest responsibility
have led in Its management and so long as ID seemed
successful, or at least, promised success ii shared
largely in the confidence aud support of the comna-
NIFTY Yet, with all these advantages, the result of
our thirty years experience far from being salts
factory. ln Rhode Island on the other hand manu-.
featuring from the first has been conducted mainly
BY private enterprise; and in that Sate on the whole
NJ bigelow says e has been more successful than in
Massachusetts. The wealthy house Of the Sptagues
is at this very moment Of depression starting new
mill Of 10000 spindes. This circumstance well illus.
trates Mr.. Blgelow whole theory. The private man
scSutV ia HIS lfualun, SEXES the moment
when labor materials and machinery are low, to ex.
tend his operations. AT the same time the corpora.
tons are Inevitably made TO feel the general des
pondency, and some of them are actually struggling
for existence. The corporations only enjoy similar
resources for extension at times when business is en-
couraging, and there Is general disposition to in
vest in manufacturing stock at such times all then
purchases and new constructions must be made at the
highest cost, and their new works must be put il
operation with wages at the highest figure.
4 .
ANCIENT RELfcs.--The shoes found in the sepul
chral chamber Of the Mummy discovered in the Shor
Cave, neighbor OF the Mammoth Cave of Ken
lucky. in 1913, were made of wrought bark resem
bling South Sea Island cloth. The needles used il
the making Of these shoes, which were in her reti
cnle with other trinkes. were without eyelets anS
were probably used as knitting needles as used now
adays. A substitute for metal thimble was piece
Of welldresstd deer skim that had thumb hoi.
through It, so that when IN use it covered the rain
Of the hand The needles had head in the shape
common sized coat buttons, and some of these wers
handsomely scolloped. These needles were made O
bone and horn, and were very smooth, showing iha
they had been much used.