The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-04-27

call 1t Our owners capitalists who do not always
desire ,si all we know. You see here ed
interest. The capital Is not al Represented hero,
and hence We Nigh, say something thai nigh. not DO
..But then far az you are all gentlemen actu.
ally engaged In manufacturing, you know every hing
about its features and your statement WILL
ave don't stun our goods mere as they do in Eng.
land We make cotton goods OF cotton. with the least
possible amount OF starch that be used-a little
starch being necessary tor Inc purposes OF weaving.
England uses starch. cay, EPSON :ats ana antlsep-
lies 10 prevent mdew, which these very substances
promote. Notwithstanding there 10 waste in the
manufacture of cotton Of IRON nitesn twenty per
the weight OF each BALE English fabrics range
from pound OF cloth to one and a halr tor each
pound OF cotton used, far their export
stances used by lhs English in the manufacture OF
their aorics to supply the place OF cotton proper aud
which are sold as cotton constitute twelve to forty
per cent oil the fabrics made.u
OUR ENTIRE COMMERCIAL SYSTEM MUST CHANGED
"How do we compare with Great Britain IN the
values OF fabrics exported ?n
"In 1874 our proportion or value OF exports, CON-
pared 10 Great Britain, per cen--that IL to
cent OF the value Of British exports. To-day Il Is
about four per cent Tue TACT IL tue large is
Slowly finding out me value Of American fabrics and
"wnat is the reason that slow in coming
up TO Great Britainf"
'Ths slow advance In exports be attributed
not 80 much perhaps TO tariff and currency as to the
iact that, inasmuch as Great Britain depends upon
iabrics the whole commercial system has adapted
Itself and grown up TO meet the need We, the
trary, with our usually ample home market
stanty increasing with Inc rapid increase OF popua-
ton and wealth, have not mad our attention called 10
tho i'm portance OF the subject until very moderate
excess OF production-or what would be more
to say-restricied pton, forced the atten on
OF The producers OF all Kinds OF goods ana wares 10
the study OF the foreign trade A great commercial
system can, however, not be extemporzed nor can It
be forced into existence BY subsidies or bouoties to
ing. II must grow my friend ana there 10 no such
teacher Tor Us manufacturers IKE adversely
MORE sPfNDLKs WANTED
II am told that the production oil cotton fabrics in
ratio 70 population Is not greater now than was ten
'we have no recent data ON this subject, but two
years ago u was not SUBSTANTIALLY greater than In
1850 and 1851, with the exception or common caiicocs
Inc only chance Tor Increased production does not
exist In increase OF spndcs, but In higher speed OF
the spindes now posscss and larger production by
existing factories The factories range from
5000 10 10000 spind'e& One man now attends to
about 1000 sp:ndies and girl from sixteen TO
eighteen years Of age can attend to about 500 frame
now EXPORT HELPS HONE CONSUMPTION.
"Coming back To the question OF export, prosperity
will be slow In rsvving then, We are still SO lar be-
hind EngiandY"
raklns The survey Of the whole country you will nud
In your journey the featuring
districts that there has been increase OF
exports OF products IN which American superiority -
ackuo ledged. The renewal Of prosperity does.n
Of necessity consist OF anding ioregn market for
portion OF each thing manufactured, but only Tor
Taas vii aeon :. "rs ~ ,n,a
consumption at home; so soon the export VI other
articles permit our people to use them. Success IN
article Of export leads by the profit received
thereon to the lone consumption OF others Al
present. while the process oil adjustment 10 going
on there 10 restricted consumption OF many Kinds of
goods aud wares ana an accumulation OF moderate
surplus OF things for when never have yet deveI
oped u foreign market This accumulation. however,
has never been grea, and Will soon be consumed II
the export trade, as II wiil keeps on Increasing"
NEW ENGLAND AND TnE COTTON GIN.
gentleman here called the writer's attention to
the efforts made ~ several New England manuiac-
turers TO 60 down South themselves and attend 10
their own ginning, or TO have cotton gins brought
North. SO d TO be nd OF the middlemen New Or
leans but The secretary OF MAnuiact urers Asso
citation promised to furnish correct data tins
branch Of inc cotton question:. #NMN6