Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1862-11-19
Who will Follow Next?

1t is with unfeigned pleasure that we insert the
following resolutions, passed at late meeting OF
the Stockholders Of the Rockfsh Cotton Msnufac-
turing Company near Fayetteville. We believe
that our friend, Maj 7. D. Hogg of this City, took
the initiative in this noble movement, and it was
warmly seconded by Messrs. Hale, Haigh, and other
Stockholders of Fayetteville, and by Hon. D. d.
Bryan, of this City. Indeed, we are gratlhed 10
learn that the movement met with no strong oppo-
siton from any quarter, and it is understood that
the Mills generally will agree to the plan.
We hope every Factory in the State will follow
this noble example forthwith 1t must be DONE
Our army and our people must have cotton goods
and other necessares OF life at lower prices. Pen-
tful as paper money is, there thousands OF our
people who get no more than they did before the
war. They must have enough to sustain life and
for the necessities of the r families If those who
have will not dispose of them at more liberal prices,
they may get ready to me- 1t the demands Of starV
ing people, whose cry will be "1read or bt0od."
OF course we should delm ecate such resort most
deeply. We mean simply to express our fears and
give warning the guilty. But to the resolutions
"Resotued, That the Ro :kfish Company accepts
and will abide by the terms prescribed by the Ex-
emption Act of the Coneder tie Congress- and will so
regulate the prices of its oulactured goods as to
bring the profits within the per cent. upon the cost
of manufacture prescribed by the said act.
Resolced, That this Com pa ~ propose to the pro-
prietors of manufacturing establishments generally
in North Carolina to meet by delegates in conven-
ton at Greensborough on "Wednesday, the Sd day
Of December next for the pnrp ose Of consulting as
to the best means Of giving he desired effect to
the provision of the Exemption Act, by securing to
the consumers the goods at reasC aab!s prices.
Resoloed, That in the meantil ne the officers OF
this Company be instructed so to dispose of their
goods as to get them into the ands of the con:
sumers ard to prevent their being made the object
of speculation, by requiring from purchasers salts
factory guarantees that when resold by the piece,
they shall be sold at advance not exceeding five
cents per yard which is to include the coss Of tt ans
portation.
Resoloed That preference shall always be given
| to purchasers who are citizens of this State"
In noticing these resolutions, the Fayetteville
| Observer very properly remarks:
Whether other manufacturing companies IN the
State and in the Confederacy have OF will come to
the same conclusion, we know not We can only
hope that they will. Much anxious thought be-
slowed upon the subject has satisfied lis that the
law is reasonable one, which it will be q good
policy in the long run to conform to. 1t is tyue
that substitutes could probably be obtained for the
! operatives who liable to conscriptions, or that
factories might be worked to greater extent with
out such operatives whereby larger profits mi ht be
made. But the objections attachngto such curse
are not lightly to be regarded by men who have
an interest in maintaining the supremacy Of the
laws of the land. The present price of almost all
species of manufactures and other necessarieS from
the product of the handloom that of the factory
and the salt pan, altogether too high sncl, as
reasonable, Godfearlns and patriots should not
| desire. These prices, as We have heretofore said,
have been forced up without the active aid and as
know against the wishes of some at least of the
| manufacturers themselves.