Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-03-28
nOEEr.xAKIAe-HOw 70 60 AHoUF

evening, some points made by him
were omitted, which we nov propose
to supply, since they involve matters
OF deep interest to US Of the Southern
States. He said: zone great OBJ
stacIe in the way Of our progress was
the want Of associated capital and as
sociaGed labor. This the people of the
Northern States seemed fully to un-
derstand and appreciate. For in
stance, il cotton factory was to be es-
tabIished, which we so much need in
this city, whilst one or two men might
not be able or willing to invest fifty
thousand dollars in such an establish
ment, five hundred men, by investing
one hundred dollars each, could make
it a success, without mourning any
great expense to each one. So.
with this association whilst no
one, two, or three men would
be able OF willing to contribute TWEEN
ty thousand dollars to encourage in
ventive genius and to make these In
ventiOns g success, yet fair-minded
men, by taking stock to the extent OF
fifty dollars each, to be paid in calls
of Eve dollars every three months,
might accumulate a capital Of twenty
thousand dollars with which to aid
worthy inventors in bringing the
merits of their inventions before the
world. One successful invention
would make the asSOciation immense
IL rich. Take the plantation COM
press, invented by Rembert, as an
example: By e OF this compress,
it was stated by eminent and skilled
mechanics, cotton could be compress
ed on the plantation at less than tWen-
" cents q bale; il now costs a dollar q
bale to compress cotton. This would
be q saving on the cotton crop Of the
South Of at least two millions five
hundred thousand dollars annually. |
Suppose there be a profit Of only
fifty dollars on each compress
sold, one-haIf OF this would
belong to the inventor, and One-half
to the association. The success Of this
one invention would enrich the assO-
citation in a most remarkable manner.
Again, there is another invention in
TINS city, by means Of which the fire
in an ordinary CRATE viii warm an en-
tire building by utilizing the heat
and preventing it from passing out at
the chimney. A simple invention, 1t
Is true, but one of immense benefit.
The inventor Is q man OF small means,
and for want OF capital is unable to
make mis- invention practical, and its
merits widely known. The South has
always been remarkable for its inVen- !
tive genius, but for want Of proper !
encouragement we have permitted the 7
profits Of these inventions to pass into \
the hands OF those who had b saga d
city, the public spirit, and the pecuni- q
airy ability to appropriate them. We q
now propose, by means Of this organ I
izatiOn, TO realize the benefits Of our q
own inventions, and to encourage men Il
Of mechanical genius to take up their O
abode with us. Whilst he July APP :,
preciated the value Of commerce.. and ri
mercantile pursuits he must say that d
all real wealth was created by labor, n
either agricultural, mechanical, or II
manufacturing. The man who adds &C
value to an article by putting his la, 81
Dor on 1t was the creator Of wealth. o.
be who spins or weaves a bale OF cot .,
ton, thereby making it four or i've ii
times more valuable than in its raw m
state, is 8 wealth producer. No man n
had a greater admiration than he had n,
for men o. wealth and used that q,
wealth in improving and bene6tting n,
their country and their race, but ne n
was sorry to say that the men who %
often made the largest wealth did the
least for the improvement Of the c0un-
thy or the encouragement OF inyentiYe
genius. as an illustration OF the pow A.
er Of association, he said that great
were made by the flowing to- =
gsther Of small rivulets and even the -
ocean Itself, as had often been remark
ed, was composed OF drops Of Uater." =
The above remarks are in the main M
sound and practical, and should make ma
an impression on The public mind OF M
the South. We may, however, TO a.,
marx that all labor, whether inteAec- nv
tual or manual, whether commercial de-
Or manufacturing, is the source OF an
Commerce, by bringing to- ara
the products Of the earth adds IN,
value TO them, and thereby creates M,
The guanO on the islands is aso
7alueless, but when transplanted by tai
agency Of commerce il becomes sDc
Yaluable and the producer Of wealth. ar
'he teas and silks OF China are made OLE
'aluable by mercantile agency. So cir
Vith all other articles. Often men Of Aor
teas do more to improve the world eve
han men OF mere muscle, but when viii
len Of thought are, at the same time, the
hen of action, the highest of i'm fee,
rOvement is reached. The benefits a d,
( this association are rather I'M nlo-
erstated by the speaker. Its hsy
lecessful organization wiz bring Duh
, our city q large number tim
I energetic, industrious mechanics can,
ON all parts Of the country, because sb0
ley viii see Ia its success that Mem voe
bis appreciates and is ready to reward PRO
lechanical genius. There is scarcely hon
man in this city who win not take dee,
ne or two shares, and no investment detl
hich he can make will be so pro6ta-
in proportion to the amount in @,
ssted. One successful invention, such
Rembsrt's plantation compress, g.
III give ths association bouAdless -
ealth. Practical business men will -
ntrol the association and direct its
OVements. The amount subscribed,
y one or two shares, can easily be g.
id by every business and working
an in the city without any inconve- -,
ence, In calls Of ten per cent. every -
rec months, and these viii be as -
sq0ent rs the money viii be needed.
Not only the people in this city, 49,
{ throughout the whole eoun-
are interested in this assOcia- ~9
and should takestock. Weadvo- =
it not only upon grounds OF pub
interest, but upon grounds which -
} TO some much more inviting, and
Is to promote Individual gain. -
the course OF four OF five years no -,
LIIOI