Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1868-08-24

Corros MAEurAcToREs Attn recent
wool-growers' convention 10 Chicago
member Of the body, Mr. W. G. Cutter,
gave some interesting facts aud deduc-
tons 10 reference TO the wool interest In
the Northwest He went into COM
parison Of the profits Of manufacturing nj
the West and the East, with Transporter
ton so far from the producer Of the raw
material, and then so far back TO the
consumers Of the manufactured article.
The following were his deductions:
l. The West is only dependent so far
as she lacks in manufacturing interests.
2. The wooden interest shows q clean
margin OF twenty-five per cent. as against
the same investment in New England.
3. The Eastern wooden trade, owing TO
| the distance between point Of consump-
ton and point Of manufacture, is yearly
| drawing subsidy Of millions Of dollars
from the West, which Of right should be
kept among us.
Now. II these deductions be true with
regard to the West and the wool interest,
how much more patent must they seem
with regard to the South and cotton.
Could not the cotton which passes an.
nually through Memphis in the raw
state, to be returned again in the manu-
featured article, and sold back to the
very planter and laborer by whom il was
raised, with freight and insurance both
wsys added TO the cost, to come finally
out of the pockets Of the last pur-
chaser-could not, we say, this staple
be manufactured in Memphis twenty-five
per cent. cheaper than in New England =?
And, like the wool growers Of the West,
owing to the distance between the point
of consumption and the point of manu-
facture, is not the South yearly paying
subsidy Of millions of dollars to the East,
which, of right, should be kept among us ?
This is subject which it becomes our
people to look into. II the investment
in cotton manufacture here shows mar.
gin of twenty or twenty-five per cent as
against the same investment in New
England, how long will our capitalists
remain inert and indifferent in the mat
ter2
The REVOLUTION IN THE POLITIcs
OF THE FREEDMEY.-kessrs. Editors:
There is still considerable political
excitement here and in the vicin-
ity, particularly among the colored
voters, who have been greatly stirred
up" by the speeches of John F.
Harris, Jackson Jones, Marengo John
son, Burley Mitchell, Lawrence Johnson,
and other efficient colored orators. tits
unquestionably true that great change
in the political views Of the freedmen
has begun and is now happily progress.
ing under the most favorable circum.
stances. Clubs are being organized at
nearly all the county and cross-road
towns in this end of the State, and, from
what CLEAN from the papers, infer the
same thing is going on all over the South.
A Seymour and Blair colored club has
just been organized at Bolivar, with
large and constantly increasing roll of
members. The same may be said of
Whiteville, Newcastle, Salisbury, Grand
junction, Hickory Valley and this place.
The colored speakers, Jones, Johnson
and Mitchell, who went down to Memphis
yesterday, will return in day or two,
and continue the good work in all parts
of the adjacent region in Tennessee.
These efficient speakers aud workers de.
serve we'll of the party, and should have
their hands strengthened to go ahead
and to "hold out faithful to the end"
They and their coadjutors, Harris and
Lawrence johnson, have made not less
than six hundred converts in the last two
or three weeks in the neighboring ooun.
try. If they go on as they have begun,
two months from to-day black Radical
will be as hard to find in these parts as
white one. Notwithstanding the hard
times, l am happy to be able to state
that the Lagrange Female College will
begin its next annual session on the first
day of September (next weekly under
very favorable auspices. The President,
Mr.. Meredith, is one of the most indom-
table workers, as we'll as one of the
most accomplished scholars in the coun-
try, and knows no such word as fail"
Lagrange, Tenn, Aug. "a. j.
FLAGS FLAGS FJAGsi- Red, white
and blue bunting for flags, at B. Lowen-
stein & Bros. $50
AN ARKANSAS MAIL.-Editors Ledger;
Uncle Sans Andy is generous in the To-
cation of his postal favors, and has
granted postoffiee at Island No. 40, G.
A. Bateman, postmaster, and another at
Pacific Place. These points receive a
semi.weekly mail, by the Belle Memphis
and Marble City. Low water sometimes
forces the mails of 40, however, to Pa
cific, when they are sent by the Little
Victor-the free line-which event hap
pened on the last trip Of the Marble City
M. The Pacific postmaster sent them