The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1877-05-05
RnAp AND PONDER.
Wa nHiias shoi Not slave Cotto,
hilis fyerJ thtHE tavoFable.

/ ff'' fNA P NNNhA
Very soon after the war oongTes,
showed "A disposition t0 exempt nom
duties all foreign made machinery
Imported by those who Intended III
use u IA factories, A bill t0 that
vlliel came very near passing, There
are greater reasons now why such n
llll should pass. II n demonstrated
that American cotton factories are no
longer iu need uf protection. The
eastern factories are selling goods 10
England, 10 South America, To ludla,
and 10 other markets, which have
heretofore been occupied by British
goods, such being the tact, II h
certain AN accumulation OF factories
In this country will In no way dttrAcl
from those that Hro now in existence
There IN room for all now, since the
markets ot the whole world are TO be-
supplied nom the cotton fields OF the
! United States.
The competition having become ~
sharp, many OF the mills OF Europe
have been forced to suspend, They
are too far from the raw material.
! They,Cannot compete with the United
states But large sums OF money re-
main Invested IN the machinery. II
the mountain viii not 20 TO MahomeL
IL follows that MahOmet will 20 10 the
mountain. The machinery must he
| transported 10 the Held where II can
be made productive, II IL reasonable,
therefore 10 believe that the enact.
merit OF such n wise law as is here In
] Ili.tutlI NntIl pasttlt la - -.
these southern states OF much of the
now idle machinery Of Great Britain.
Especially will this be the case II our
states, with liberal spirit, should on
empt factories from taxation.
With these advantages in our favor
we would find that factory of three
thousand spndles, costing fifty thou
sand dollars at American prices
for machinery would start with
a large percentage in liza favor.
Its advantages of position gives
II one cent. PER pound over the
New England factory, and something
more over the English factory. This
IL equivalent to $1,000 per ahnum, or
tweve per cent upon the capital
stock.
The cost of American machinery,
protected by duty of forty.iye per
cent. al pqiorGW upon foreign ma
chinery, may be set down st 0neythird
more than the imported machinery.
a saving of $4,000 on the machinery
is equal to one and siXteenths per
cent upon the capital stock. The re.
lief of the factory from state and
county tax IL worth three and four
tenths per cent. upon the capital stock,
Altogether we have an advantage in
these particulars tIr our proposed Mo
bite factory Oi seventeen per cent.
Why should any man Of means
hesitate to encourage such enter.
prisc>2 Without them we must re-
main impoverished, doomed 10 see
the field Of cotton production receding
to the richer lands of the west, and no
field Of Industry taking It's place.
With them we enter upon new ca
reer of wealth and general prosperity.
Now let us look at this thing. What
cilities has Alabama over Texas
If Mobile factory can start with sew
enteen per cent advantage, why can
not one in Dallas? What has been
the obstacles so far againt manu(actu.
ring interests in Texas. First, high
price of labor aecond, scarcity of fuel;
third, the absurd exemption laws
fourth, the English competition in cot
ton goods. These are nearly all done
away with. Labor is, and will be
cheap. English OPP eratives and those
from the eastern states can be imported
because the world is leaning fast, how
much cheaper 1t is to live in Texas,
and alsO, how salubrious the climate.
With the war prospects in Europe,
England is almost certain to be drawn
into the contest If she is, much of her
labor, that runs the machinery OF her
factories will enter the army. Ameri
can products are the cheapest, and,
will take their place. II the eastern
states can bring cotton from Texas,
spin 1t, export it to England, and
make profit Why cannot a factory
be built in Dallas, with the cotton
growing at its very door; compete
with the New England States, even
if it costs little more for fuel? AS
freight on cotton to New England
from Texas is nearly two cents Il
pound; fuel ia no great item. 1t will
not be long before the coal of the
Wichita country, will be drawn into
Dallas; even If that ia not used, Why |
cannot water power take its place?
Dams and reservoirs can be built on
the Trinity and furnish water power.
Would the state and county forego
taxation for a time on these enter
prises, "Ay, there is the rub" Would
not the benefit of manufacturing our
staple here, and (thereby saving the
profit now paid to eastern manufac-
turers) aud having a surplus to sell COM
pensate for the exemption from tax
alton.
The western and northwestern stales
are nearer the cotton country than the
New England states, and If congress
exempts foreisn machinery from duty,
It will not be long before Missouri, IL
linols, Iowa and Kansas will erect fac
tories, aud take advantage Of their
to the cotton fields. just
think how much cotton Texas could
raise if she had home market, and
could save the cost of importing her
cotton goods, just think what apopu-
ulation it would bring into her borders.
The trouble with the southern states
always has been, that they have sold