The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-12-10
COLUMBIA. [ ! 7 $. &c.
Tuesday, Morning, December 1Q, 1872.

Tuesday Morning. December 1Q, 1872.
Exempt misunderstanding from Ta1a.Ien.
The manufacturing of cotton. into
yarns and cloth, paper Manufacture, and
other branches OF manufacturing indus
try, constitute. in our opinion. the great
controlling GO Interests of our section in
the.nenr' future. We',have alrendy Dir
Guessed. this subject, and shown the
money profits and other equally valuable
advantages Of this business. We have
everything in our favor in prosecuting
IL, except capital, md that must soon
come. Nature abhors q vacuum, .und
once capital can feel its safety and sue
cess in new and inviting fields, it is
bound to go into them. A gratifying
growth Of the manufacturing interest,
more enlightened policy as to this pur-
suit and investment. we have already
discovered and taken note of in several
articles. We shall continue to give the
subject attention, and seek to attract to
it such consideration as will ripen into
benehoent action. As We have shown,
all the conditions of success meet here.
Some OF these may be briefly re.stated: !:
Raw material, mild climate, better work.
ing of the cotton in our warm climate,
ESTIMATED as high as ten per cent. } the
saying OF freight on manufactured goods
as compared with bales OF cotton. abun-
dant labor and more oontrollable here
than elsewhere, and the home as we'll as
Northern and foreign demand for the
goods. In many localities. the cotton
may be taken directly from the lint room
Of the gin house-thus avoiding the ex-
pense Of packing, bagging and ties, and
handling. and also that of running it
through the picker. It is better for
working when unpacked. and, besides.
the wastage of from one.tenth to one.
eighth, whieh cotton undergoes in va
rious ways when packed, is saved.
We are pleased to recognize that Go.
vernon Moses seems to have indicated
that he will recommend liberal and
enlightened policy upon this subject.
When our party spirit and class disagree
ments have died away, and good govern
ment and good feeling replace the bad
which have prevailed 90 long. heprediots
that, / ':the magnificent and sunfailing
water power of our State, which is now
running to waste, will then be rapidly
utilized, to pot in motion thousands of
busy spindles and looms, in full view of
the fields sthst are whitened: by the plant
that supplies the material for the fabric
they weave" This is well snid, and
shows q progressive spirit and in the
right direction, which We can cordially
approve. It is one which, We hope, will
not rest content with generalities, but
will come to specific Recommendations,
and use the powerful influence at its
command to have the pleasant vision of
SUCCESS and profits realized in action and
result. All true lovers of the country,
all who wish it to be resusoitated from
it's ashes and degradation, of whatever
class or purity or color, who have given
these subjects. thought. and are really
informed upon them, who know the i'm
mense good which is almost within our
grasp. will be pleased to have such recon-
mendations come from Governor Moses
as will be wise, statesman-lke, practical
and practicable.
We learn that many members of the
Legislature are considering the subject
seriously. They think favorubly OF the
suggestion (already made III these
columne) to exempt companies employed
in manufacturing from taxation on their
capital for term of years. This was
done, we remember, in the case of the
Langley Mills, ten miles from Aiken,
and might be made general hereafter
with the happiest results. Young enter
prises struggling into being would great
~ feel the advantage of such exemption
and encouragement. Let US learn O
lesson from Augusta, where they propose
to pay bonus of three per cent. on all
capital to be used in establishing and