The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-11-24
COLUMBTA, s. 6.
Sunday Morn,ng. November "a, 1879.
Cotton TIA IanuFaoture-An Inspiring Ex.
~. - = '-S.S> ample. ,a|.

S0SSVAs 0Aee4AhsAokuEC-Ah 4nbPAEknk 0A.
.f::fs -. 't.S ample.
:, There is q subject to which we may
often profilably reour. It is one Of un-
falling interest, aud holds out the pro-
mise OF almost incaloulabie advantages.
We'refer to cotton manufacturing at the
South. We have had occasion to show
that a.real progress has been made in
this business within the last three years.
Some of;our Southern communities seem
alive to the rich prospects it offers. Not
so others. Notably our own city and
vicinity appear to be indifferent to them.
Yet The profits and the desirabloness Of
this mode of money investment and it's
numerous incidental attractions and
benefits. are ell as plain as daylight, and
need no further elucidation.
We trust that we are about to enter
-spon period of quiet. We shall have
an interval OF release from political agi-
. tations for some time to come. So de-
cisive q vote as that just given to General
Grant will settle things for awhile, and
the next session of Congress being for
short term, will afford no great field for
agitation. The United States Govern
ment may. by its action during this in
/ terval. if it go pleases, do much to re-
store social order and produce harmony
in the South, and to promote the conf
dence of European immigrants in the
stability OF Southern society, law and
industry. This will be our own oppor-
Annity, too, to do effective work in
the cause Of immigration, and more fully
I to occupy the field OF manufactures.
The true way to success in this will be
to withdraw our eyes from looking
!: abroad for help, and earnestly to COM
menoe ourselves, and do what we can.
,H,wiA be convincing argument in lis
favor, If, with our small means. and in
Ctr crippled condition, we succeed in
building up an increasing and inviting
business of this kind. Investments Of
capital, flow OF immigration, confidence
in our future. an enterprising spirit, and
9 highly Industrious aud thriving popu-
lation. will all be made and developed
amongst us, if we continue to demon
S strate the success of manufacturing here.
It will be q glorious thing for our cotton
producing region to show that it is capa-
BILE OF placing, through home mauufao-
ture of cotton. added to its production,
. balance against European importntions
nearly twice as large as the large one
now credited to that source. This is
feasible, and will one day be done. We
shall export cotton yarn as we now do
the raw material. Tho progress indicat-
ed in increasing our home consumption
of cotton fifty per cent. in three years,
or in showing growth in cotton manu-
featuring three times more rapid South
than it has been North in TINT time, IL
significant Of still more rapid increase
in the future. The volume will deepen
and widen rs it flows.
Let US derive lesson from the exam
pie OF our prosperous and active sister
city, Augusta, Ga. The stock of the
Augusta Factory is worth 100 per cent.
premium. It is seldom found upon the
Z. market, in consequence Of it's extraordi-
nary value. It is too good to dispose Of.
The city has just completed an enlarge.
ment Of it's canal to $50 feet in width and
IA deep, with % feet fall. It has now q
lnrge surplus water power unemployed.
: A memorial has been drawn up and pre-.
sented to the City Council, proposing,
for tho purpose OF encouraging the in
yestment of capital in mills situated or
this site. that it pass an ordinance giving
o bonus of three per cent. on all capitn
80 to be used, in sums Of $500, 000
brought from beyond the limits Of Au'
gusta and the County of Richmond
The Council is now considering the pro
position embodied in this memorial. II
passed. it will Offer temptations to CAPT
tai which can hardly be resisted. Tho
Graniteville Company, it is said, has de-
termined to build $500, 900 mill, and
], with such inducements. may invest in
Augusta. We copy from the memorial 6
A A. L