Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-04-18
q NASHVILLE AND FACTORIES.

= NASHNAlA.E AND FACIOkIkS.
During last year an act incorporating
the Nashville Cotton Factory Company
was passed by the General Assembly,
which was subsequently amended by au-
thorizing go, 900 as the lowest limit to the
amount of capital stock required to COM
mence operations The charter, in its
general terms, is liberal but well guarded,
and in the hands Of prudent and skillful
managers, can be made the means of
creating nucleus in this city for the
manufacture Of cotton and wooden fab.
RIGS on an extensive scale. The project
Grs Of the scheme, aware Of the failures
which have heretofore attended the at
tempts to establish such branches of
industry in this region, and mindful of
the depressed and straitened pecuniary
condition existing, have not proposed to
do more than make safe experiment for
the present, and hence the fixing Of the
capital stock at so small a sum- 1t is
thought that by an economical conduct
Of limited number of looms, with the
requisite machinery, in a building of
moderate dimensions and unOstentatiOus
but convenient and substantial construc>
ton, such success could be attained as
would encourage the friends of home
manufactures to invest hereafter more
freely, and finally lead to the erection OF
mills and factories at this point, whose
products may supply the vast region
tributary to this city 1t is with these
views, that a scheme is now being cam
vassed, and if our capitalists will consider
the matter properly it may easily be
made practicable.
We are informed that an old citizen,
one who has had long experience III the
business, is about to propose for subscrip-
tions under the charter referred to and
that the project will be to manufacture
wooden goods, jeans, linseys, etc, etc.
Those who are interested in the move
ment contemplate that every citizen who
feels disposed shall take few shares Of
the stock, and that the management shall
be confded to board of practical men !;
and that the funds shall be expended
chiefly in machinery and material for
work, rather than in fancy buildings and
large salaries for sinecure Offices. In
this mode, it is believed that fair and
safe test can be made of the practicable
ity Of sustaining manufactures in this
region so greatly favored in the produc-
ton Of the raw material, and that the
influence Of a successful example will
stimulate such enterprise, and make
Nashville what it should be, city of
manufactures This proposal certainly
has its basis in sound and prudent con-
siderations, and looks to the accomplish
ment of most desirable end There is
no reason why Nashville should not es-
tahlish and maintain an extensive manu-
featuring system, and it needs but small
capital and business sagacity to make
this start, and we heartily commend it to
public favor
Another important and laudable en-
terprise is also in progress The former
proprietor Of the Reservoir Mills, we
learn, has formed partnership which
purposes to erect in South Nashville, near
the Howard School building, a steam
Touring mill to be surpassed by none in
the country. Parties are already COM
missioned to visit the most extensive es~
Establishments in the East and elsewhere,
and select and secure the most approved
machinery now in use, and contracts
will soon be let for the erection of the
buildings. 1t is contemplated to be
ready for operation by the time the grow
ing wheat crop is ready for grinding, and
it is the intention to produce from our
unequalled grain an article of -four that
will compete with the finest brands of
the most famous mills. The well-known
energy and business capacity Of the gen.
tlemen enlisted in this enterprise affords
guaranty of its speedy completion and
success We note with pleasure these
evidences of a spirit to make the city
manufacturing centre, and exhort the
community to give the movement en-"
cOuragement and assistance.