The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1877-12-12
MANUFACTURES.

hey would he OF any advantage 10 The
community" "lhcy will be Of adyant,
.ge in two ways, In the first place there
lro over one hundred men employed In
10 whom liberal wages are
Daid These men will be employed
two months or more, and get
,heir wages for that time, This is one
advantage, Next" said the speaker,
: ii will Greats u large demand for cote
.on seed, and 30 enable the farmer TO
into money one Of the products
Of his labor which heretofore, for the
most part, has been thrown away"
Here are two obvious benefits which |
will result from the construction of
these works, but the train Of thought
suggested by this casual conversation
induces us to pursue the inquiry far
Their, and eliminate in detail the advNnt-
ages these oil works will be to Dal-
las, and the community at large city
and country,
How much wealth will they create and
to what extent will they stimulate
other active industriesY There arc but
two classes of mon who create wealth
the farmer and the mechanic, The
man who puts seed into the ground,
and by his labor receives in return
twenty, thirty, sixty. fold creates wealth
and the man, who takes matter in
crude FORM and by his labor changes it
into an improved and more valuable
form, creates wealth. He who takes
iron,ore and converts it by his labor
into fine steel, creates wealth be cause
the steel is made by the application of
his labor and is worth thousand times
rs much as the ore. There is, as inci-
dental to these two, another source OF
creating wealth TO which we VIII pres
emily refer. Let us apply these econo-
mic truths to the oil>works taking them
from their start, There are now ems
ployed upon the building one hundred
and twenty mechanics. We suppose
for the sake of illustration--that these
men are paid two dollars per day, This
is equal to two hundred and forty dol
lars per day. This is labor, converted
into money and is that much wealth
created. 1t is that intangible, invisible,
impalpable thing called labor which is
nothing until applied, but when supN
piled, is converted into money. Say
that it will take two months to erect the
building at twentyssix working days to
the month, this will be twelve thousand
four hundred and eighty dollars of labor
converted into money, and is the first
item of wealth created.
But this applied labor has been put
into the building, and estimating its
value when finished at $25, 900, we have
in solid, enduring form, $25, 900 of ere.
ated wealth, adding that much to the
wealth of the city, county and state
and bearing its proportion of taxes to
each.
The building is now finished and
ready to go into operation, and We
assume, without proposing accuracy
that it will consume 100000 bushels o.
cotton seed per AMMAN, and will EN-
ploy regularly, fifty hands in operating
its works. The cotton seed at ten cents
per bushel will amount to $4,000, ant
this adds to the realization of tn,
farmer that sum, and we put it dowl
as so much wealth created. The wage
of the hands at two dollars per day
amounts to $4,000 for the year. Thi
is so much labor converted into money
and is that much wealth created
This labor is applied to the changing
of the cotton seed into oil and cake
and this if worth only three times a
much as the cotton seed, would b
$4,000 or 100000 of wealth created
We have then for the building of tn
works and their operation for one yea
$3.50, $50 of wealth created in the city G
Dallas-but what becomes of tn
money! The oil and cake, to larg
extent, is shipped to other places an,
brings back to Dallas the money 70
, which it is sold, and the laborers EN-
ployed in making them expend thei
wages in buying food and clothing AM
other supplies for themselves and fam
lilies, thus in time creating deman
for the products Of the farmer and tn
goods of the merchant and the grocel
The permanent value of the o
works to the city, county and stat
may be put down at S25 900, and the an
nual value to the city and surroundin
: country at Sl55,0S0. This sum in a,
tive circulation in community is a
item which those only will disregar
who will not think, or have not tn
penetration to comprehend its value ,
, production and utilizing element.
The law in this state against the car