The weekly herald. [volume] (Cleveland, Tenn.) 1876-1888, 1877-03-29

huiulpu hdiiun anu pdglDE Out every lNu
weeks from sixteen to twenty thousand
dollars in wages, TO be distributed by the
employees among different classes ard Oc.
equations in the city, and from fifteen Ia
twenty thousand per month to other par
ties here, who in various ways are connect
ed with this vast establishment. Although
having the largest pay roll of any EN-,
plOyers in New Jersey, and contributing
more to the welfare and prosperity of the
city than all is financial institutions
combined, we hear less in the newspapers
of this world Of wealth makers than OF
some second class money lending shop
on Broad street. 1t would be useless for
any II TO attempt to trace to their
source all the varied industries which
have entered into the production of
Clark's go. N. f." Spool Cotton, which
is sold by every merchant dealing in dry
goods, fancy goods, hosiery, notions, etc,
in the Unitedl States, and contains two
hundred yards of that indispensable ar.
ticle, strong, smooth and beautiful. 1t
is made up of
NEARLY FORTY-TW0AHLLION DOUBLINGs,
and yet is so fine as to be hardly visible a
few inches from the naked eye. The i'm
mense capital invested in the Clark
Thread COmpany's Works and the vast
volume of business, amounting to several
millions per annum, extending to every
part of the United States, is one of the
principal sources of Newark's prosperity.
What it is and the blessings which flow
from it, are not realized by one in a thou
sand of the people who dwell within the
scundOt their tower bell. Notwithstand-
ing the large amount of money which
the establishment was to pour into the
hands of every merchant and trader in
the city, as events have shown, the first
thing which the City Fathers did when
these works were being erected was to tax
the bricks and material not yet shaped
into buildings. 1t was on a par with the
intelligence and appreciation of the
REAL SOURCES OF WEALTH,
usually exhibited by the average politi-
clan. Hadi it been some trust company vr
curbstone broker that asked exemption,
it would probably have been granted,
Some idea of the value Of these works to
the community may be had by an illus
tration Of a thing which might really
happen at any time. The Clark Thread
Company employ, as stated, about ff-
teen hundred persons, paying out to
them sixteen to twenty thousand
dollars every two weeks. These hun
dreds of hands pay out that money to the
butcher, the baker, the grocer, the clothier,
the dry goods merchant, and sll who have
anything TO sell get a part of it in some
way, either directly or indirectly. From
their hands it goes to pay debts, meet OBJ
legations and fill the channels of trade
with the circulating medium called
money, and which is to business what
blood is to the human system, giving it
life, animation and power. Suppose to-
night these works were
DESTROYED BY FIRE.
They are fully insured. The Clark Thread
Company receive their insurance in cash
frem their underwriters. They say to
themselves; Business is drill, sales are
uncertain, profits are small, the future is
unknown, and our task are heavy. The
vast business requires close attention and
persistent energy. We will not take this
money and rebuild the works, but adopt
the plan pursued by most moneyed men,
viz: 90 TO Washington, buy government
bonds, bring them home, put them in a
tin box, pay no taxes, and sit down to
take our ease, eat, drink and be merry,
with no though Of care, supported in lux
ury without risk by the interest on our
bonds, paid by taxation of the producing
classes" Can anyman calculate the wide
spread ruin which would follow such a
calamity and course of action by The
Clark Thread Company? 1t would be
incalculable. All those people who earn.
cd money to purchase what they wanted
to buy, would be added to the list of
paupers who to-day clamor for work or
bread. Misery, want,
STARVATION AND CRIME
would he the fruit of such a course. But
t~hisisexactly whathas been done through
out the country, rnd explains why one in
twelve in Newark are to-day supported by
the city, The productive capital of the
country, which employed our now idle
millions, has been put into government
bonds, and appalling restitution and want
are on every hand and increasing at a fear
full rate. Labor is the source of all wealth
and prosperity, and there is no loss equal
cotton, which when ginned weighs about
seventy. five pounds, or one to five. The
negroes without doubt will eventually
to that which follows enforced idleness OF
the producing classes. There is no music
so full of joy and peace and good will to
men as the song of labor and the music OF
machinery. Better far that all other
songs be hushed and every note be stilled,
rather than those, and TO them we now
introduce the reader.
ON THE DOCK
Of the Clark Thread Company, which is
five hundred feet long, is a mountain of
two or three thousand tons of coal, drawn
out of boats at the wharf by a donkey en-
CINE, and the bales of cotton find their
way from the same wharf to the brick
house, for storage of that precious ma
t%erial, one pound of which will make one
hundred miles of thread, containing about
iorty-two million dOublings. The mind
cannot grasp the numerical fact. But four
grades of cotton are ordinarily used in the
manufacture Of Clark's CONT" Spool
Cotton, and known as "Sea Island Cot
ton" This comes principally from South
Carolina and is grown on tho small is.
lands along the cost. Considerable is
raised on the peninsula and around the
bays and %inlets, but it is not equal to
that of the sea islands, which is the finest
in the world. The first bag Of this sea
island cotton of the cropof 1876 was pur-
chased by the Clark Thread Company at
fifty cents per pound. The inland cotton
is not used in the manufacture of thread,
being too short in the fibre. On these
sea islands were the richest planters of
the South in