The south-western. [volume] (Shreveport, La.) 1852-1870, 1859-05-11
NJ 80

The MANUFACTURING INTEREST fnan-
cial crisis of last year bore with great severity
upon the manufacturing interest, and many
very large fortunes in New England were swept
away by the depression Of the stock of incorpo-
rated companies and the revelations made by
the failure of agents. For months the prospects
of this important element in the material pros
perity of the State were gloomy in the extreme,
But we now see evidence Of returning prosperi-
/ ty on every hand. Some of the best managed
! companies in Lowell have earned fair per
centage the past six months, and few of them
/ have orders for goods ahead Of the production,
Several of the Nashua companies have recent
| ly earned at the rate of one per cent, per
month upon their capital, and the sharehold-
ers of number of corporations, in this and
! the neighborng States, will soon enjoy the lux
ury Of dividend. 1t is now generally thought
there viii be no more large companies organise
ed for manufacturing purposes, as experience
| has proved that small mills, where strict SUI
! pervision can be exercised by one person, are
/ the most profitable. The small companies can
easily adapt their goods to the wants Of Gus
/ toners, but the mammoth concerns produce
articles in such quantities that the profits made
on one style are absorbed by the losses sus-
tanned on others that are unsaeable Many
z
actually made more money in ten years than
others in the same business whose capitals are
/ 100000. Individual manufacturers might
/ be named who have made money from year to
/ year, while Incorporated companies, producing
4 the same goods, have not paid their expenses
| The hard times have made share owners in
quisitiye, and induced some reforms in the
factory system. There is room for other i'm
provements in the same line Despotsm pre-
4 walls to extent prejudcial to the best inter
ests of the companies and the best officers are
not always those with the largest salares.-
4 The revenue laws need important changes, and
! the next congress will contain large number
of intelligent friends of the manufacturing in
terest, whose movements viii be directed to
such notifications of the tariff as experience
and just regard for the public interest shall
require Several corporations have given no.
tice that application will be made to the next
legislature 70 reduce their capital stock. In
one case, 90 per cent. has been lost, and it is
proposed to make the par value of the shares
/ $50 instead of $lOO. Another company has
reduced its stock from 500 to S25 per share,
and the Chicopee manufacturing company will
! apply Ia have its shares reduced from $1,000
to $500. Boston Transcript.
WoMAN.-Woman, woman, truly thop art d
miracle Place her among flowers foster her
as a tender plant, and she is thing of fancy.
waywardness and sometimes folly-annoyed
| by dew-drop, fretted by touch of butter
| f1y's wing, and ready to faint at the rustic of
beetle, the zephyrs are too rough the showers
toe heavy, and she is overpowered by the per
fume of rosebud But let real calamity
come-rouse her affecton-enkindle the fires
Of her heart strengthens tself-how strong IS
her purpose Place her in the heart Of battle
give her child, bird, anything she loves Or
pities, to protect-and see her, as in relative
instance raising her white arms as shield, as
her own blood crimsons her turned forehead
praying for life to protect the helpless. Trans
plant her il the dark places of the earth, awaken
her energies to action and her breath becomes
healing presence blessing. She disputes
/ inch by inch, the strike Of the stalking pesti
/ lence, when r1an, the strong and brave, shrinks
away, pale and alfrighted Misfortune daunts @
her not; she wears away a life Of silent endur-
ance, and goes forward with less timiditY than
to her bridal. In prosperity she is bud full
of imprisoned odors, awaiting buttor the winds
of adversely to scattert them abroad-pure gold,
valuable but united in the furnace. In short.
woman is miracle mystery, the centre
from which radiates the great charm of exis
| tence.
| A REvoLUTIoNARY HERo.-The editor ofLhe
Paudng Clarion, while in attendance upon the
Perry county court, met an old revolutionary.
jeremiah Willingham, who knew Washington
and Jefferson well, and was at the battle of Eu-
taw Springs, and many other of the hardest
fought battles of the revolution He voted for
jefferson for president, and is now one hundred
and two years old His last marriage was con-
tracted at the age Of ~ years. and 86 years
have elapsed since his first marriage, He is
still hale and hearty, can mount a horse with
ease, and can shoot a squirrel from the the top
of the taIlest tree with rifle.
/ MIR. WiIlingham has been resident Of East
/ Mississippi for more than fifty years. He was
born in Virginia, but raised in South Carolina,
/ Although very poor man, he never could be
! prevailed upon to receive pension from the
/ government, to which he was and is entitled
/ for his services in the revolutionary and Indiar
wars Afer the death of lis first wife he lived
! for twelve years solitary and alone, without the
] company Of any human being and scarcely ev-
/ er seeing any of his neighbOrs or old friends.
! The old gentleman, we are sorry to say, is at
last becoming tired of East Mississippi; the coun
! try is becoming too thickIy settled fer him.
---J---,--~----y~-
AN ELOQUENT ExTRAor.--Generation after
generation, says a fine writer. have felt as VIC
now feel, and their lives were as active as our
own. They passed like vapor while nature
wore the same aspect Of beauty as when her
Creator commanded her to be The heavens
shall be as bright over our graves as they are
now around our paths The world will have
] the same attractions for our offspring yet IN.
! born, that it bad once for our children. Yet q
! little while. and all will have happened. The
throbbing heart viii be stiled and we shall be at
rest Our funeral will wind It's way and the
prayers will be said, ard then we shall be left
behind in silence and darkness for the worm,
4 And, it may be, for short time We shall be
spoken Of, but the things Of life will creep in,
and our names will soon be forgotten Days
will continue to move on, ard laughter and song
will be heard in the room in which we died,
and the eye that mourned for Us will be dried
and glisten again with JOY; and even our chill
dren will cease to think of US, and will net re
member to lisp cur names.