Abbeville press. [volume] (Abbeville, S.C.) 1860-1869, 1869-06-11
FOR THE ABBEv1LLE PRESS.

foA, the .ABBEV1LLE PRESS.
MIR. EpIToR. In the. published, pro-
ceedings of tho recent agricultural
convention held in Columbia, there
occur those paragraphs in Col. Pal
mer's interesting paper.
"Ihe arguments in favor of spin
ming will apply with equal forco in
favor of weaving. 1 have, however,,
confined my suggestions and calcu-
lations to spinning, because it is more
simple, and requires less capital; and
IL, therefore, moro likely to be gener-
ally adopted Mt an early day. "."
To.show tho practicability of this
plan, submit an estimate for q cot
ton mill with 1850 spindlcs, ring travr
cling framcs:.
Numbcr square feet Of flooring, TO-
QUO; amount of No. 20 yarns manu-
featured for spindle, 81 pounds: To
TIL amount of No. go yarns manuf,c-
tured in mill, $4,000 pounds. Cost
OF first class machinery, with all the
latest improvements, viz: Ono large
cylinder cotton opener, (English y one
3 cylinder opener, with 1 beater, (En.
gIish y l double lap machine, (En.
gllsh y 10 sclfstripping sc inch
cards, with 2 r. w. heads, troughs
and belts; 9 drawing frames and
cans; English slubbcr, 60 spindlcs
2 English jack rowing frames, 12O
spindles each 90 ring traveller spin.
ming frames, 204 spindles each; II
reels, traverse grinder, slide rest, card
clothing, governor, turbine wheel
cotton scales, bundle and balo presses
|shafting, betting bobbins, transporta
ton, putting up machinery, findings
to commence with &C., &C., $4,000
building including houses for opera
tivcs ESTIMATED by an experienced
|contractor0 $1,000; total, $4,000
Such mill will give employment tc
81 operatives, and will consume ss7
bales cotton, weighing $50 pound.
each. Estimated net profits on pro
|dnctions, if sold at cost of Northern
productions, $17,74S. No estimate i.
made of the cost of water power, a.
that would depend upon location, siz,
and nature of stream"
Now l propose submitting to tn,
planters of Abbcyilc plan by which
such mandatory can be crectct
and operated on Saluda, or Savannah
rivers, and in less than thrce year
time become the uncncumbcrcd pro
pcrty of the original stockholders
Suppose two hundred planters OF
ganize themselves into body corpo
rate for such purpose by subscribin.
each five bales Of cotton. Ncxt eIec
4 President and Board of Directors
with authority to hypothccatc us col
lateral security these bales of cottol
to any Northern house that wosl
erect and put tho mandatory in or
Grafton, giving said house all. the frs
years net profits as their first pay
mcnt.
If Col. Palmcr's statement bo co,
rect, Mt the end of the year the D
rectors would be reimbursed the orie
inal cost of the thousand bales of cot
ton, and have on hand q net profit O
about thirty-five per cent. of til
prime cost Of the mill and machinery
The second year the expenses woul
be less and hence the net profits grea,
tcr-say forty per cent. The thir
year the mill would be paid for an
cDh stockholder for the loan of tiv
bales of cotton would own $3.50 wortl
$4,000. , 5..
TO my mind nothing is more feasi
BILE than such a'scheme, and is dcsorv
ing the thoughts of our planters
Will not some practical man moro ful
ly develope this idea, and let it b
tested this Fall by an effort to estab
lish such mill in old Abbcville.
! ..,. 81. SALUDA.