The New York herald., 1862-01-13

making Up Army clothing,
As., &C., Ae.
The outbreak 2nsurrectionary war in the South has
placed every institution Of the country under the
test III wshers croakers have all along been strain
hg their TO discover the first symptom break
our national machinery, and In default Of the expected
signs have rcsorcd TO the drest prophesying. Our de-
nocracy, our patriotism, credit, finances our
public corporations shipping and trade, have
each in turn been the subjects Of gloomy prediction both
at home and abroad. The first year Of past, and
We may now ask for the signs Of fulamcnt. Where
che tokens Of this predicted ruin The strokes have
fallen thick and heavy every interest in the country
but everything has responded the blow with the sound
Of solid grantee and the Of those who expected
detect the holowness they have supposed belong
everything American have been disappointed.
The textile manufactures Of the country have been
favorite subject with these -omened prophets. The
suspension Of the cotton supply has taken for
granted to bring nought the shalow corpora
tions" Of New England II has been vaunngy asked f
these pasteboard institutions could not stand the
rate gale Of 1857 how they survive the tornado
civil war;" lancashire has found some consolation in
the midst of its disaster from hope that the war
may ultimately far cripple the manufactures the
Eastern States make the Union henceferh more do
pendent British looms II has been argued mpos
sibe tha. our manufacturers could survive the loss Of
such an immense proportion Of their demand sup
piled by the South It has been desparngly asked what
will manufacturers do without market for the negro
Cloths negro blankets, cassimeres, Kentucky jeans
sbeetngs, shrtings cacoes and muslins they have
always made in such immense quantities for
tho South7 Figures have been piled up to show
that tho cottons and woolens of domestic ma
nnfacturc yearly sent South have amounted to
not less than hundred million Of dollars and the
arthmetical feat has been wound up with the gloomy
that the suspension Of this trade must be the
certain ruin Of New England.
These things were first asserted as a reason why the
North should quietly submit disruption of the Union
and they have since been reiterated various quarters
70 produce disaection towards the Union cause Deaf
70 all such ntimdatons the loyal States have nobly re-
solved at oil risks, to oboy the call Of duty honor
leaving vested interests look after themselves To the
honor Of the manufacturing East II be said that
slough appeared 10 have upon the war,
yct was the first respond to the call patriotism
EVENTS BELLE THE PROPHETS.
e best response to these anticipaons respecting the
sects OF the in textile industries 10 Afforded by
retrospect OF the condition Of and manu-
features during 1851 These industries commenced the year
with total capital of less than hundred and sixty
millions Of dollars, about one-third being invested in
woolen mills and the remaining two-thirds in ma
uufacturcs The Of 1850 gives the following part
cuars respecting cotton and woolen manufactures the
States north Of Mason and Dixons ne;-
COTTON MANUFACTURES IN 1850.
capital invested &07 900 ,00O
Yearly value OF raw material. al......... 81 500 ,00o
Yearly value Of goods produced $4,000, 900
Hands employed .......................... SO 500
wooLrEN MANUFACTURES 1850
Capital invested. s27 500 900
Yearly value OF raw material. ......... 25 900 900
Yearly value OF goods produced AZ 900 600
HANDS employed .......................... 80, 100
In the absence Of the census for which the public
s still mpatenily waiting the only method Of estimating
the present position of these industries by proxas
valuation, based the figures of 1850 and such other
cri,eria may have since occurred The of
population in the free States has oryone per
during ths ten years interval There s however rcason
70 suppose that the OF manufacturing has been
In still larger ratio. II is fact we'll known the
trade that since 1850 woocn manufacturers have
tanned perfection fabrication OF certain STYLES
Of woollens, especially fancy priced
heavy coatngs have almost excluded foreign goods
Of those kinds from markets. and considering what
. large share Of the whole production OF woolleps
10 absorbed In these fabrics, IT is clear that this
success must have told largely the aggregate
increase in the wocllcn products of the country.
In Massachusetts,, where fully onc-third of the
wooen trade Of the Union centres the value of
lures Of all kinds increased from Sl51 900 1850
1896 900 600 in 1855, showing progrcss of nearly
Per cent in Ave years. All things considered aud ac
cordancs with the Judgment Of several Of the expe
rienced mill owners aud commission merchants in the
country, should judge the growth Of tho domestic
woolen trade 1850 less than seventy per
cent. The progress Of the cotton interest much loss
matter of speculation, the registered consumption
ton bcing criterion In the year ending September
l. 1850 the consumption Of cotton north Of Virginia
l7o,4S0 bales. For the year ondng date 1s6O the
consumption In that section Ie2 521 bales. This in
dcates progress in cotton manufactures during the
decade at the rate OF about sxtysx per We may
safely conclude then that the beginning Of 1861 there
saked In tho woollcn manufactures Of tho
free States about hundred aud sixty million dollars
the capital invested in 1860 being so4 o00 the
average increase In the interim about seventy Der cont
ANTICIPATION OF THE REBELLION AND ITS RESULTS
We have to ascertain what has been the fate Of
these industries during tho rst year Of the great rebel
lion. The anticipation Of domestic troubles produced
during the last three months OF 1859 partial
Of operations Al tho beginning Of last year the woolcn
mills had average, reduced their production about
twenty per cent, and the cotton factories cur.
tailed less proportions AS the prospect OF Southern
insurrection became threatening, this process
gained rapidly and 1T the end Of the first quarter the
production Of woolens reduced to onc-ihrd OF the
usual amount and OF cottons from two thirds to one
half The numerous failures occurring about that period
produced such general dsrust that goods were
except for cash very short time and the result was
that the spring sales Of woolens did not amount
probably to more than thirty or forty per cent Of
the usual amount. The contraction in cotton
goods was not quite severe the sales being
about onehaf the average value. Prices Of
both descriptions Of goods deprecated by the lack
Of buyers, and probably manufacturers realized little or
profit on their spring sales They suffered much less
than other classes by tho numerous failures Of the first
few months Of the year. Their goods boing mostly sold
through agents who guaranteed the debts and but few
Of those merchants having themselves failed the manu-
cturcr generally suffered little inconvenience beyond the
partial renewal Of his agents notes These were the rc
suits Of nervous dread Of the consequences Of civil