The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-11-03

arc other differences to the State scarcely less
the free laborcr. Whatever the cotton producing
states expended for slaves above the cost OF i'm
porting an eqval aihount OF free labor power was
, ReckbnEg tile slaves in The cotton States prior
t9 lsGl at 3,ooo,ooo IN number. Of the average
hands at si5So cac we % hal nm i. Investment i, OF
Si,soo 200 oeo; ana to rclAcnish this force large
sum, much needed for oiher uscs, was annually
urlwn from tic gains OF those States.
u, In 1850, the people, by unanimous consent,
had declared the emancipation of al those slaves,
whether with or without compcnsa tion to those
who had owned their service, there would have
been neither loss nor gain To the community, eX-
cert as the change might increase or ILL.,
minish the efficiency OF labor the cost OF It's
maintenance. There would have been no sam
nihilailon of property for the whole labor power
have changed owners
While 1t Is undoubtedly true that free labor Is
under lis most rayorahn STS GnH WHEN Zen eem Is
stratlon Of that truth needs more favorable cir
cumstancCs than were found In the years 1866
1861. II Was not until 1868, the third season OF
the freeabor experiment, that 1t became gene
rally rally successful In Its operations and results
ab9mnnty s1ppyng fe neonle s With ,S chcan food
leaves surplus stored up for the future. Tic
profit arising from the sale OF cXportabie produc-
tton5 or the same season will amount 10 $780,
100000; and u reasonable forecast OF the future
seems promise Of equal gain in some of the sue
Cceding ycars, the increase Of quantity compen-
sating FOR any reduction OF price.
The annual gain, be It hfty millions or two hun-
urea puu lIly InlillOnt ID no longer 10 he wasted
In the purchase OF labof' when as good, or better
viii be obtained without purchase; yet the cnpl-
tai must be employed and will seek Investment
For some years very little will be needed In OPEN
ing fresh lands, OF whieh there is already too
much open for tic labor applicable 10 it. After
meeting the demands OF agriculture It will seek
other profitable uses, as in banking, railroads.
manufactures, machine shops, and the other nc
tive cmploymcnts Which capital finds for itself.
Prominent among the improvements that OF re-
constructing the levees and rcclaIning the most
fertile OF cotton and cane lands Should be one OF
the FIRST, and rightly conducted one Of the most
proatabe for the employment OF money.
WANT OF LAIoRERs.
Now that capital is returning into the cotton
states, the great want there will be labor, better
use OF what they have and more OF 1t, TO extend
their profitable agricultural business, yet carry
forward the other works which Will be required.
SO flr, the prevailing conditions in the South have
not been attractive to immigrants. Poor crops,
dear food, destitution OF the common laborcr,
aud these evils too often aggravated by disorder
anu violence, were reported during the years
1866 and 1867. =
The prosperity OF 1868 stands in marked con-
trnst TO the adverstics OF the two years preccd-
ing. similar prosperity repeated In succeed
Ing years, until II shnli he regarded as the rule
and not the exception supported by assurance of
peace and safety, Will turn tile tide Of emigration
freely from tile Northern States and from Europe
tile cotton growing States. During the present year
the Pacific Railroad viii be completed AMI OPEN
ed, q Highway by which the Chinese and other
coolies or Asiatic labUrer5 may reach the cotton
fields OF the United States. They are industrious
frugal, quiet and numerous.