Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-16
TENNESSEE POLITICS.

The Nashville Banner OF Oct. ID gives
editorial types and endorsement to the
following New York Graphic description
of the Southern States under Republican
rule:
"The political machinery has been seized
by ambitious and corrupt hands, and the
States have been embarrassed by bad legis-
la4ion, and are overwhelmed BY enormous
debts contracted chiefly for the enrichment
of political plunderers. Business has for
saken Charleston and drifts away from Mo-
bile. Houses can be had in New Orleans
for the taxes, and plantations in Mississip-
pi, which, before the war, were held at one
hundred dollars an acre, can now be bought
for FIVE. The unsettled condition of things
takes all courage out Of the hearts OF the
people, checks enterprise, stops emigration,
and prevents recovery from the natural
consequences of the war and anything like
fair development of the resources Of the
country. The Southern States
are, to very great extent, at the mercy OF
q set of INSCRIPTIONS villains, backed by
dupes toO ignorant to know that they are
used to their own injury and lead to their
own destruction"
Here is a picture, as strong as any we
have drawn, of what Tennesseeans might
expect from a restoration of Republican rule
in Tenne ssee next year. The Banner pro-
ceeds:
"And what can be done for these States
SO long as the balance of political power is
in the hands of an ignorant colored popula-
ton, whose prejudi.es are easily exited,
and whose passions have only to be in
famed by sdventurers and demagogues?"
Our remedy for Tennessee is the coop
Grafton of all honest taxpayers aud rent
payers, who constitute majority of our
voters. So long as we work together Tor
our common welfare, there VIII be in Ten
nessee no sbalance of political power in the
hands Of an ignorant colored population"
THE GREAT SOUTHERN QUESTION.
The semi-anuusl report of the TsHasee
Gu ton factory is before us in a slip from
the Secretary, Gen. Fry. The result of
The perations for six months is briefly tol (.
Over 100000 pounds of raw cotton was
sp1f,, Tire raw cotton cost S236, 900. The
Goods it was made into sold for 100000.
The IL creased value of the staple was $l70,-
0OO. THE cost of the factory labor was q
little lea than $4,000. The net profit was
Sal. 900. These are tho round numbers.
The ficur es show that a lot of raw cotton,
wsich ths planters seld fgr $236, 200, was so
handled at their doors as TO increase its
value over 70 per cent, amounting to $780,
600 watch goes TO the support and main
tenalce Of about 500 persons and their en-
uloyers &C Tallassee, and therefore to the
enricbmelt of the State. The South pro-
duces nearly $300,009,000 worth of raw
cotton, which If handled BY her own
factories wol'ld-at the rate Of the
Tallasee estabt ishment-have It's value
augmented TO tS5O0,0OO,000. That is TO
saw, the cotton now produced would bring
in over 500, O00, 600 more of money to the
Southern people if it mere manufactured
at home. The Tallassee Company has less
than 100000 of capital. Their profits are
SS1 900, or about IS per ceut. year.
last year their profits were l93 per cent.
on $500, 600 of capital) They pay di-
yidend of per cent. the 10Th of July
HagregiIle (4Ald.) Examiner.
All should encourage home manufactures,
especially cotton and wool, so far as can be
done without neglecting other important
interests. The real question is how one
can employ his time, labor and capital to the
best advantage. Where labor and capital
are to be had, good business man rarely
fails 10 make money in the manufacture of
cotton goods. One of the cotton mills in
Columbus, Ga, runs savings bank with
other machinery.
THE Boston Globe is Republican jour-
nal. Int IL is dIsloval enough to throw this