The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-03-17
Business Enterprise In Georgia.
From the New York Bulletin. ]

The enterpriSlng spirit which charac-
| teriZes the people OF Georgia, even
under the most unpropitious and dis
couraging circumstances, has q fresh
exempliflcation in two documents which
lie before us. One relates to the favor
able progress Of arrangements for
making Atlanta the seat OF an impor-
tant cotton manufacture; the other sets
forth the capacity and advantages OF
the Augusta canal as means for the
encouragement of the manufacture
especially of cotton and woolen fabrics
in all that section OF the State
First, as to the cotton factory in At
lanta the citizens, impressed with its
importance, subscribed the necessary
capital, directors and officers were elect
ed, location selected and the business
Of building factory was formally in
augurated on the 4th OF July, 1875. Since
that time the plans for buildings have
been decided upon, and the work Of con-
struction has since moved steadily.
The directors agree to erect buildings
sufficient for 20, 900 spindles at first, and
put in the machinery as fast as the bust
ness would warrant. The committee
having the enterprise in charge, we are
told, gave very careful attention to the
estimates of cost and production, and
compared them with detailed statements
OF the best mills of the South. also with
some of the best mills in the North.
The plans for the arrangement of ma
chinery is such that 1t can be put in
three sections. The first section
will have 9072 spindles and
auxiliary machinery. The second sec
ton will be sufficient to make up the
will make total Of 20,736 spindles, 500
on6 auyiIiarU nipkorS rorIG
speeders, etc, which will produce TWEEN
ty-four thousand yards per day. The
directors have decided to produce a
finer class of goods than are now made
in the South, and have adopted as a
standard number Is yarn to yards of
cloth to the pound. The machinery
will be arranged to produce 18 to "a
yarn, from which several grades OF
goods can be made, probably not less
than ten different styles. The commit
tee conclude their report by an appeal
to capitalists to come forward with the
subscriptions necessary to make the en-
terprise great business success.
Next, as to the Augusta canal, which
was projected by q few pubiic-spirited
citizens of that place for manufacturing
purposes, and for the securing Of an
abundant supply OF water for the city:
The work was commenced in 1S45, and
completed in the early part OF l847. In
1872 it was resolved to enlarge its capa-
city, and that work was practically com
pleted In July last. The length OF the
main canal or first level Is seven miles
including second and third level, nine
miles depth Of water, II feet. The canal
IS owned by the city OF Augusta, and Is at
present under the control of the following
board Of managers Hon. Charles Estes,
president; John U. Meyer, Thomas G..
Barrett, Alexander Philip and M. E.
Hill. The location Of the canal is in
the heart Of the cotton raising region,
and at one Of the most important inland
markets for the staple in the country,
together with the even temperature OF
the climate, the moderate cost Of living
and the abundance Of labor, renders II
peculiarly adapted to the profitable
manufacture OF cotton goods, as is
evidenced in the success OF the Augusta
Graniteville and other factories In that
vicinity.
At a time like this, when public atten.
ton everywhere Is so largely directed te
the development Of Southern industries
it is certainly worth while watching the
progress Of enterprises Of this charac
| ter, as they seem to offer not only de
sirable outlets for capital, but also
tempting opportunities for. business
men, which are not over plentiful II
the more thoroughly worked States o
| the North and East.