Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-03-21

S50.2li 30
The first investment having been Sl3S.5OO; the
dividend of the year 1858 Of ten and 1859 of fifteen
per cent. upon the doubled capital returns to the
stockholders one half of their investment The
report asserts that the business viii hereafter divide
twenty five per cent per annum upon the actual in
yustment
It will have been observed that the organization Of
this enterprise was attended with trouble and
pensc in the instruction Of the operators and the
construction OF the factory; yet it has succeeded
perfectly.
Is it not evident that iflabor paid at the same
rate as in Massachusetts, the owner and the opera
tives could make better profits
Here is the cotton grown on one plantation manu-
featured and consumed upon others. The water pow
er and real estate are not so costly the North,
and from lle following paragraph we infer that the
manufacturers escape commissions and freights to
very great extent:
The O. mand for our goods continues quite equal
60 our ability to supply and all SeaSouabe goods are
sold before made gciile safes are almost exclusively
for cash.
.. In conclusion we would remark that We egin
a new year under more favorable prospects than
any for several years past and tine moderate price.
Of raw material witt the active demand for our
goods gives high hopes of even increased prosper
ity.
With the operative the case is equally favorable
in the latitude Of 81 r.. the climate is much miIder
than in the latitude Of - n consequently less
yvagesSgocs to fuel and clothing, Then, again. pro-
visions are more abundant and cheaper in the South
than in New England. Rents constitute another inn
portant element Of expense to the operatives. and
real cstantc must be cheaper in sparsely settled
country. Astounding in the best lumber, than in the
denser population Of New England.
With these important items Of charge upoa me
chanical labor so greatly reduced, it is plain that
upon the same wages man can live cheaper and save
more in the Southern than in the Northern States.
1t is. therefore unreasonable TO suppose that the
Southern people, denounced by the Northern poll
ticians throughout the world viii strive to render
available the native advantages which they possess:
Is it improbable that the Northern mechanics
cheated and oppressed by their hypoc-tcal leaders,
prosecuted and insuted when they dare to say that
their Southern customers ought NOT to be treated
with such injustice win emigrate South and carry
their labor where it viii be more appreciated and
better rewarded We are prepared to see some
such exodus from the North and whenever the r.
valry Shall. have been fairly established between
the emigrant Jour" in Tennessee ana the boss
W NO l'tl'slAt' III connecticut -lD.U VIII L4it
Northern people perceive that the men who
have deliberately offended and driven of the
Southern cUstomcrs, have been the direst en-
cmies the North mas ever known Thai time is
nearer at hand than the Black Republican agltator
imagiuos.
.rhe Nashville Hanner---JTr. aeaunont.
We learn from card from Mr.. Baluuo.T. pub-
lislad IN the BIasr of yesterday that his conncc-
tioE srith that paper has ceased. We believe that
s cs,lrsc while in charge Of The B1ae- has been
entirely satisfactory to ms political friends and he
7v1thdraws for the purpose, we presume, Of pGrsu-
inu some other vocation Nr. WALKER, who has
been one of tho editors OF the paper for several
-years, viii continue TO edit it.
When we assumed our position az one Of the edl-
tors of the UNION AND AgamckN short time since,
the Banas.rave us an editorial welcome. The M
tercourse between rs though differing widely in
our political views has been pleasant and agreed
BILE We tender 20 the retiring editor our wishes
e. q orfrf