The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1873-09-18
Utica, with a population of s2S, ,S04, has S.,
225O00'inyested in 10 9manufactories. Annual
q Q61 0QQ -. ~ =.

225,O00p invested in 10 9smanufactories Annual
yalde of predictions is 1851, ,OOO -.
Willie calling your attention to the above
named cities, and the large amounts there IN
vested in manufactures of various kinds, l DO
not wish you to consider them as being excep-
tional as manufacturing centres ouch ls NOT
the case. You may take al! the towns a ana d
cities, and villages even, and you" Will ana
about the same amount invested IN manu1ac-
turing ;sin proportion, of course, to their pop;
ulatiof. Have we not in these facts, su1helenG
evidence to satisfy us as to- the reason why
their farmers are so prosperous, their Htate' 30
populous, their cities, towns ana villages SO
progressive and wealthy ?''-fs 1t not owing to
Their diversified pursuits. which make a home
market for the. produce; of their farms The
farmer. mechanic, and manufacturer. being
near neighbors; buy of each other, and sell to
each other. hence, money is kept at home,
and circulates freely, putting life and Vlgor
into all pursuits. In short, the farmer ca cannot
greatly prosper, unless he has for his nelghbors
the mechanic and the manufacturer. f,.l
.For,your information, as to the relative COST
of steam and water power to drive cotton ma
chinery, I give below an estimate OF the ex-
pennse of operating two adjoining factories, one
driven by steam, the other by water. They
are both spinning fine yarn, and careful ,esti-
mate Of expenses was kept for one month, so
as to test the question Of cost. In the one
driven: by water,Tit cost eight and nine one
hundredths tOS09) cents per pound, to manu-,
facture. In the: steam mill, it cost eight and
fifty one hundredths (0S.50) cents per pound,
to manufacture. .-i.'r..'...' .'t - 80 "a
You will see it cost trihe more to operate
by. steam, than by water, location and other
things being equal. If you wish further ev1-
dence, go to Fall River, Massachusetts,, which
is now the leading cotton manufacturing city
in the; United States. There you Will hnd
steam largely used as motive power. Indeed,
twolthirds of the mills are driven 10y steam.
Asfriend of mine who is now the manufactures
of Graniteyille recently visited Massachusetts;
and after inspecting the Factories at Fall Riv-
er. told me on his return, that he would at all
times prefer steam rs a motive power: You
must bear in mind that the Steam Engine has
been much improved within the past few years,
both as to power, and the saving OF fuel. 7ait
1t is said we have not sufficient capital to go
into manufacturing. Think that is q mistaken
idea. Truly money is scarce with u.s. Still,
can we not effect our object by cooperative
means? If five men cannot provide capital
enough, ten, twenty, one hundred or i've hun
dred can do so. Let US unite our means-let
us do, as men do elsewhere, when they wish to
start O new business | know men in the
North, who have several hundred thousand
dollars invested in factories, and they have not
more than $50, 900 in any one concern. They
take stock in several factories, preferring to
have the risk divided. How many persons 90
you know, who can spare s10O, $780,. $500,
S40O, $500, or 81 900, or even 5000, to invest
in factory, and do it without Gripping their
present business? There are many farmers,
merchants and professional men, who can spare
some one of these amounts, or more. 1t will
pay them handsomely to put all their spare
capital into factory. s1z''- -
W.. = am, respectfully,
$50 WM. PERRY.
HON T p REED. 81 =. ......A