The star of Pascagoula. [volume] (Pascagoula, Miss.) 1873-1878, 1877-05-25
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baltimore EqeniHg E8tetin. ian
The iast and perhaps the mast lnfeses
Ing N the able and Instructive paes,
et = american egtt8n5 = bY Hf fdwaf
Atkioaon Which have been published I
tbe View fofk Herald IL that printed
last Monday W considers the subject 4
cottpn manufacture ut the south, an,
prgneuhces against the attempt ta estab
Ish the industry there. believing that .
can only he successfully conducted Il
View England Mr. Atkinson support,
bis Judgment with m elaborate and
careful array Of those facts and figure.
and comparisons which he knows ~ we'll
the value and Use of, and reasons from
them in a very close and apparently con.
elusive way. We have read Mr. Atktn.
sons paper with at least the attention IL
deserves, and have been deeply impressed
with The force Of much that he says.
We have not, however, been able 10 ar.
rive at the conclusions to which he
comes, and we will endeavor to act forth
why not Mr. Atkinson fallacy seems
to be more on less of the zane sort AZ the
Nations fallacy, which we pointed out
yesterday in regard 10 the Turks and
Russians that because things are not
lone IN the most scientific way, they
cannot be done at all. The Turks can.
not defend their country, because they
have not the best arms and the finest
battalions. So Mr.. Atkinson saws, with
ubd0ubted truth, that I" cottOn.spinniDg
requires for its permanent success a large
capital, a very few operatives. ample
banking facilities, a thoroughly organ
Ized system of distribution, a machine
'hop on n side and a paper mill TO
work up the waste on the other; but,
more than all, it requires habit and
raining for it, or other like occupations
n the mass of the community, and a
DOL or cold climate, in which long hours
It persistent but not arduOus indoor la
'or can be sustained. Undoubtedly this
) every bit true, as it applies to the
opulations with which Mr.. Atkinson
as been in the habit of dealing. But
evertheless, the view is not only a
oNE-sIDED VIEW
1T is a false one. Take an illustration:
y parity OF reasoning the manufacture
flour can only be conducted in the
eat and costly mills of Minnesota,
mere the water-power, the processes, the :
achinery, the operatives, banking facili-
means of consumption for waste,
stem OF distribution, etc, are all more
rfect than anywhere else. Why, then.
not mills elsewhere stop, because t
llling can be done cheapest in Mime C
The Minnesota -four comes to G
to Richmond, to New York, Sc
t the other merchant mills which sup n
7 these cities do not stop running: do is
t lose their profits. Every stream in p
land where there is head enough of b.
ter to turn an undershot wheel, every a
where a few logs or stones can make CT
am, there you will find country mills. Sc
flat countries the old turn. about wind ii
with It's uneasy sails and its huge nj
ider, is everywhere to be seen, and in az
south there are woodland mills that nc
not even rooted over nor weather W
lrded, where a dribble of water turns sv
diminutive burrs, set upon a plat w
. made OF slabs and puncheons; all n,
same, the mills run, and must run at Ii
or the business would be discon- lie
jed, since there is no capital invested
hem to enable them to sustain a loss, lis
it is, and so it will be, with the cotton tn
nu%facture, for the reason that everv ciI
erprise must have its rude beginning CHI
he rude way, and with the rude ap- acc
nee. Capital, fine machinery, skilled do'
n, organized system, and competition ant
ng every energy TO keep the margin to
'rotit from crossing over the border ant
turning into loss; these do not come mo
| long atterward, and when the the
.ly artificial system has been per the
y developed and matured. 1t is by
A LAW OF POLITICAL ECONOMY ~
in the fields where fine machinery, pla
iy labor and large capital are en- psi,
the margin both of profit and torI
IS is marked down to the lowest attf
t. This was clearly and satisfac- the
y demonstrated by General Francis chm
in his able and instructive tool
ductiOn to the industrial statistics stri,
lie ninth census. The points here chu
are unconsciously illustrated by to n
Atkinson himself, when, referring to seer
MIL reported upon by Mr.. Burke, emf.
h contained six thousand nine hun thei
and ffty-fve spindles operating moe
No. IA yarn, he says: at would and
e good economy to build a mill less tenn
four times the size" Would not thew
'od economy where? They have and
d that it is good economy at the Virp
TO build these little thirty thou NJ
dollar and forty thousand dollar Mos,
never costing more than one hun NJ
thousand dollars or two hundred haI;o
NV eunna;tr- Z J:oa ~ ny IhelI alive
8 ;iJ;unuy ~ due
;, ntnnSnN W anu mort vi tnem' force
Last year, and year before last, tho
the huge Fall river and Rhode scr;b,
establishments, with their capitals lie, :,
n one million dollars up to ten n;toIl i,
dollars, were idle, selling their On J
below cost in New York, hands $40
Ig and interest on debts crumbling hnaS.
.ue of all their stocks away, To~ wa,
TITLE THREE-CENT ESTABLISH This i
MENTs tain {
in stI
were pusy as bees and merry and, Fl
'ees, turning out tnslr ~osnaburgs, in per
anu Jeans nder fuii pressure, and belief
ene lewaruS In dividends that ston, u
up from ten to thirty per cent.
very moment, when the establish
Of the Spragues and Hoyts and oh'
'es are dying of dry-rot, these In a
8 little yarn-weavers at the can, Sc
q ana around Augusta, and every nessee,
parian town, are not only coming ain
put educating the southern peo- l will
a D means OF a new in remem
VIII populate all their ceived