The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1874-10-03

lfgiiimatrlY SHOULD nave no pllp'l w
dxiug il. lile reason 0f this u mat
eollon IN the raw, and In oil lis manu-
featured forms, 10 the great article 81
speculation lor the commercial Wollli
ly the handling 0f which thousands
who toll not, dress themselves IN pur'
plR aud fac linen aud fare sumplupus'
~ every day When II leaves lhe
wagon VI the producer II goes into Tie
hands Of the speculaIoE and rom
Spectator 10 Spectator II passes unlll
II returns 10 the farmer Ia tho shape ~
calico, homospun, aud The Thousand
aud one commodities into the manu-
faoiure Of which cotton enters
These reflections arc accustomed Wy
noticing Ia some NJ ourexehahges lllAl
a few days ago meeting OF the prom
inent manufacturers of New England
was held IN order ~ devise ways ana
means for gathering q heavier lrlbule
from the agricultural states of the
south and west, This, " course, was
not the ayOwed object NJ the meeting I
but such was ils practical result The
action agreed upon NJ this meeting
was that, ~ the price Of their goods
was not aulllelenilyremuneratlVe,l hey
wouldenhance the prleehy reducing lhe
produelh oi their mills, II II evident
that the effect " this must be lwo'lold'
First, 10 reduce tho demand for thenew
material to spin up aud, to that extent
10 operate 10 reduce the price OF cotton
aud, In tho second place, 10 put up the
price Of manufactured articles by less
ening the quantity manufactured
Tim, by u concert Of action among the
manufacturers Of England, the farmers
Of Texas are compelled both 10 sell
what they have 10 sell at lower price
and to pay for what they have to buy u
higher price. And there II no lmmo'
dialc help for II, They ARE powcrleaa
10 prevent themselves from being
ground between this upper and neither
milestone.
While we say that thclo h no imHlc'
didte help for this anomalous condl-
ton of affairs, there Is II remedy, and
IL the south wishes ever TO cense being
Il newer Of wood and drawer Of water
for those whose chlcfest pleasure II IL
10 despitofully use her, she must bend
oil her energies to nvalling herself OF
that remedy. The only way In which
we can over release ourselves from this
thrnldom TO Now England II 10y the
establishing Of manufactures In our
own country, so that the producer can
deal with the manufacturer. There IN
no good reason why every water course
In Texas should not be musical with
the hum Of spindles, engaged In manu-
featuring the ileecy product of her
fields A concerted movement on the
part of the southern people to employ
their surplus capital in the erection OF
cotton factories would bring the nabobs
of New England TO our feet. They
would see their wealth and their as-
cendancy in the government
vanishing, and would make
any terms that would cause US to deslst
from the movement. Boston and
Lowell would chccrfully agree to re-
peal all the acts of reconstruction, the
fourteenth aud fifteenth amendments,
and would even pay us for the slaves
of which we were robbed, rather than
to zee the water courses Of the south
studded with loomsand spindles. The
extent of the manufacturing interest Of
the New England states, rs contrasteo
with It's meagerness In the SOUTH is H.
Illustrated by the fact that the whole
south has only one hundred ant
eighty-seven cotton mills, which con
tain four hundred and eighty-sever
Thousand six hundred ana twenty-nint
splndles, while Rhode Island, MOI
much larger than Dallas county, has
one million eighty-tw0 thousand three
hundred and seventy-six spindles In
one hundred and twenty-slx mills.
These figures ought to awaken the
people ofthe south from theirlethargy
and show them how IL is that while
they have been growing all the while
poorer in producing cotton, those who
have had the manufacturing of it have
grown fat and overbealing.