The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1873-09-25
For the anderson Mteliqencer.

The Peoples Manufacturing Company.
Can we raise the capital to erect the pro-
posed mills? YesI most readily, if we resolve
to do So We have in Anderson County an
adult population of about 5000 persons, who
ought to take part in snch an enterprise
Fifty dollars for each of these would raise the
proposed capital of S25O,OOO This is, Of course,
impracticable; but sl0O each for half the num-
Der would make the same sum 5000 each for
one-fourth the number, or $500 each for one
eighth the number-625 persons-the same.
Might not the last number and figures be OBJ
tanned? If not, could not these figures be
reached, to wit: so persons at $1,000 each, so
at $500 each, 100 at $500 each, rs at s400, rs
at $500, so at $3.50, 100 at 5000, 200 at 500,
200 at $50 and 200 at s25 each, in all eleven
hundred persons, and S25O,000. Or, if fewer
persons with larger means, and yet adhering to
small subscriptions, should be desirable, might
not these figures be obtained: 100 persons at
$1,000 each, 200 at $500 each and 200 at $3.50
each, making the same sum. Or, for still
larger figures 100 persons at $4,000 each, or
30 persons at $4,000 each.
These illustrations might be varied in a
thousand different forms, and are given simply
to try and induce persons to think, when they
will perceive that to raise the proposed capital
would be small matter for Anderson County
alone. But Anderson will not stand alone in
the work; our fellow citizens of Abbeville and
other Counties, who have funds to invest, will
desire "a place in the picture" for upon simply
looking into our scheme they will see there is
money in it. So, also, of the merchants, traders
and capitalists, both within and without the
State, who have commercial transactions with
our town. These, if correctly informed as to
the scope and prospects of our enterprise, will
contribute largely to its success. Let us, there
fore, fellow-citizens, enlist in the work, and
determine to know no such word as fail, but
press forward in unbroken phalanx, until vic
tory crowns our efforts.
WILL IT PAY3
All are prepared to answer yes, if we'll man
aged. Numerous articles have recently ap-
peared in the papers, showing the enormous
profits that are being made by Northern and
Eastern cotton Factories, which, trust, have
been carefully noted by our people. And yet,
great as these are shown to be, it is, I think,
universally conceded, that the profits of South
crn mills are, and may be made perpetually,
even much greater. Indeed, it may be affirmed,
as am assured, that there is not cotton fac
tory in the Southern States, however managed,
that is not paying or accumulating for the
owners larger profits than can be realized from
any other employment of capital. Can we not
have mills managed as we'll as other people? I?
If we have not the trained and skilled labor
on the spot we can import it, until we educate
our own people. To commence with, have
the offer of one of the most experienced, scien-
tifc and successful cotton mill engineers and
manufacturers in the United States, familiar
with both steam and water power, who desires
to reside further South, that will come to An
derson, put his money in with us, and for a
reasonable compensation take charge of, erect
and manage all the mills and machinery which
our scheme proposes to establish.
'The Peoples Manufacturing Company" will,
therefore, be paying institution to all con-
cerned, both directly and indirectly, whether
we erect three mills, as proposed, or one very
large establishment, Immediately on the rail-
road at Anderson The action of others will
compel u.s. it appears, to adopt the latter alter
native, which is, in any event, much the most
desirable. Our mills on the line of railway at
Anderson will be alike free from all expense
of mule transportation and perpetually exempt
from the dangers and losses incident to drouths,
foods, and the approaching blowing out of
shoals and cleaning out of streams rendered
necessary to provide bread and health for the
people.