The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1874-07-22
!. OLUMRIA,T SC.
Wednes lay Morning. July %, 1874.
The Growth OF tho Cotton Inter.s. in
Charlotte. N. GA Hint.

/
The Growth OF tho Cotton Interrs. In
! Charlotte. N. GA Hint,
The rapid growth OF Charlotte since
the war is attributed. by the Observer,
or that city. to the fostering Influence
Of the cotton trade, which has ad-
vaured steadily, until Charlotte is now
the 6rst cotton market Of the State.
1t is situated in the centre Of highly
intelligent and thrifty population, aud
OF an admirable ootton-growing region.
Through the Charlotte, Columbia and
Augusta, the North Carolinu, the
Piedmont Air Line. the Atlantic, Ten.
nessee and Ohio, and the Carolina
Central Railroads. it's connections are
complete in every direction, South,
Southwest, East and North. In 1855,
the receipts of cotton we're less than
5000 bales; in 1860, the sales reached
$4,000. In 1866. upon the resumption
of business after the war. it received
about the sume amount on the mar.
ket. Since then, it has increased
annually. until the present year, when
it amounts to about 40. 600 bales.
The success OF Charlotte, it is
claimed, is due in part to other causes
than those We have mentioned A
line position, a rich surrounding coun-
try, growing cotton mud the cereals
both abundantIy, railroad system
which connects her With the great
markets OF the country, are not oil the
advantages it has availed itself Of. 1t
owes something to men AZ we'll us to
nature. The cotton men Of the place
claim that they pay nearer mp to New
York prices for cotton than Gun be OBJ
tanned at any other point iu the South.
They ate enAbed to give sellers this
advantage. they say. because their
market is generally supplied with fac.
tory orders. Charlotte is surrounded
and connected with manufactures,
which are dependent on her for their
cotton supply. Hero are the names
Tate's Mandatory, Wood Lawn, no
Donaid's Mandatory, Concord, Line
berger's Manufactory, Pin Hook, e.
M. Hollis Sons Mandatory. Graham,
Alamance County, Powell's Cotton
Mills, Cntawba Station, W. Turner &
Sons, Turnersburg. T. II. Gather,
Garibaldi, F. & II. Fries, Salem, s. s.
Walker, agent for franklin Manufac.
turing Company, W. H. Hill.
Morrison, Gather & Co., Eagle Mills,
Randleman Manufacturing Company,
Brewer s. Bros. Mount Airy. Cedar
Falls Mills. And orders are on hand
nearly all tue time for thousands of
bales of cotton for the cotton mills of
the North.
We begin to think our friend Gene
raj Hills standing epithet applied to
Charlotte AZ the culture London cf
the Sonth" not wholly inappropriate,
What does Columbia think Of the pic.
ture? Is it eontent to retrograde in
the Wholesale and cotton trade aud not
pull up in some other direction? No
place in the South, except, perhaps,
Anguish, has such q splendid wafer
power for manufacturing as ,e hns.
Are our moneyed men, our men OF
enterprise and forecast. afraid to grasp
this prize? Can city be built aud
sustained here or not, without the
development Of this great agency?
That's the question. Are we to take
hold Of this power, achieve great
manufacturing success, lay anew and
moro broadly the foundations of a
prosperous and popuious city? or aTe
we to continue to look with idle and
pro6.less wonder, as the Indians did
before us, upon tho magnificent falls
of the Congarce flowing unprodnctiyely
at our feet?
Radical SpecuintiOns and Inconsis
tcncy.