, 1874-09-20
SAD CALAMITY.


succession to these projects fotlo"ei
others. Between 1860 and 1870, seve
comparison OF the statistics OF the latte
year with those Of the former shows that in III
ten Years that had elapsed since the building o
the Onion Hill, the population of the city has
doubled, tile ca3iitai invested Ill cOtt0n-mauufac
turing had became three times US great. and the
number Of spindles running was about fou1-fold
| RECENT DEVELOPMENTS
| since 1SI1, however, still more surprising de-
yclot1neuts have occurred. Il might be sup
posed Tat the capital of the people would have
been drained, rnelr energies exhausted, theil
ambition satisfied. But such vas not the case. Gu
the contrary, they were melted to greater endeay-
or,-ssilnuIated to further achieve ement. The en-
! terprlsc OF tho CITY, t,ce the latter date, has
! been moro than remarkable; for q New Gland
| town, it seems almost wonderful This iA shown
by the fact that, within five years, sixteen new
| corporations have been formed, and nineteen
new mills erected. So thai the number OF cor
| posations now engaged in cotton manufacturing
| is thlriy-four, 0" nlug forty-four mills. having
an Incorporated capital of $14s70 0O0-Dut an
! actual Investment of some 525. 900 0C0, and
running an aggregate Of 29, 521 l.oms and l,269.
! TBS spIndle-. There arc enpluved in this busi-
ness over 15.0C0 oEe1atlyes; there are consumed
annually l33.090 bales Of cotton: aud there is
paid out monthly for wasea S500, 900. The pop
ulaiion this spring, BY census just taken, il
some 1000.
eIdS1FlcAST STATISTICS.
In connection with this the following sta
eourcas viii ba NJ i,,terest. Tbo to,a,
number of cotton-spiuolen in t,,a Tn;ted
States is 7,132,415 OF winch 5,503, 303 are in
New England. comparison shoSs, therefore,
srtn3lcs m the conntrr and ro,-1v ona-he1r *
ali those in tho EeI-Fnp|and Statae Tia cot.
ton-cron nf the ITnitcd St7taa for 1874 1xb;ch
was considerably moro than tho average crop)
was 3,o39,5 bales: or these, 2,679:956 bales
-Ar,3 Il I 1n1 ~.
Tha amnunt NJ cottnn Tnan,Tactvrsd hara 1as.
rear was tberefore wi,h;n !. fo~ h.,as ~ anas aas
nn;ntI, NJ IN totai aman,t conar,,aad - =. ~
e,ntr - 49, .L;.:.n ti: ea4ea - tuo
ro;.ad =, 40 ~ rTn;ta1 Steag rsaao S.x ssop
1naro aronl',,;1 o. IT, .xIa IRE
dn tho ttro,'ces4 49, ,os+irna7,v " tt. =, snea
h,s;nnsz ~ tI, r,,co 1D''A' ~ A'1e 4n1DDsn'o
"N1''a ~ VIZ 1''"~o'
AoAE-cAPirAL.
~ tas exclusive capisal lnFestea IN these
ulll1e lu'4J n1Ee-tenths - o"neo ny residents OF
Tue c4tf. ootae VI Tue corporations, II Is tEue,
ME IN tile bands OF few individuals, but most
dreo,-a1me5I every person OF means being inter-
ested IN m'l',stoch. III 1853, the Legislature
Pae5eo Ia' nAlnS sno paf-v3!uo OF Shares IN ln-
corporatea bodies at %100- Whether this WAS
1udlcons enactment from ageuerelPoint Of view,
Is III o2cn question: 1t has worked well here,
howeSer,-Giv1uS az it has. an opportunity to
tue poorer classes, even to the operative himself.
u participate ~ tue various nterprlSes Ihl3 has
Int huntred or fav hnn.,ra1 ',n1I,rs 20, ara
nni,ed viii ,nen ~ rodar,ta nna.,s a1d ,.,.
the wealthy IN can1non int"rsst HTa Nav "'+ ~
re hct.cr ci,as If oosra,ives 80 ~ ~ us
mills iu which thcy are en- ployed and often haya
a voice in their management. There il. more
o:er, q great field for tho operative TO advance
in his vocation tho euu1ppiuy force of A new
as Superiuteudeut. OYerseers. and
upper hauds-bein. no1 iuireruentlr taken |
from lower position elsewhere. aud such ia
The demand for skilled labor that the lowcat
operative has the ooDortunity. If be Las the
ability, TO better bis condition. At the DrcE-
,ut time. a mill ent;re;y on tno co-onarat,ve
Jim is in course OF con4tructlon. In this 40
person cs,. own over certain number of shares
thirty, belleve> stated part Of the capital
nav remain unpaid, to bo worked out: and a
..ycn percentage OF the earnings is to be- d.
'idei among the operatives.
EXTRAORDINARY GROWTH
So rapid has been it's growth, that, within a
ory few years, the city has put On entirely new
spects and conditions At the outset, tue cor
oratous were confronted by q serious question:
low sbouli their help be provided with dwell
lg- accommodations But this vas at onre
a11 ~.