Daily Republican., 1879-02-26
wsi, From England j..

The English writer's on the cotton
trade 60 not shut their eyes to unwel
come truths, and are anxiously inv-s-
tigslpg the rivalry Of American
manufacturers as a phenomenon of the
6rst Importance. A correspondent of
the London Times" gives the facts:
d" Am-riea has more than on--fourth
the nuRher OF spindles which We pos
sess she is able to find employment
Eer these, aud she is constantly adding
to their numbsr. Her consumption Of
cotton il equal to One-half Of ours But
. few years ago We shut her out from
all foreign markets, and in face OF ex-
o-ssive duties We landed on her shores
and sold TO advantage large quantities
OF cotton cloths. To-day she is able to
supply almost the whole Of her own
wants sh. meets us in the market OF
South America and the Eaxt--nay, her
cloths arr 10 hs found in all our large
towns, conpsting fairly with our own.
A strong popular sentiment supports
this aggressive movement. and Al ex.
part trade in manufactured goods has
become in America an object Of Nation
al desire. Journals specially devoted
to this trade have sprung up, and sp-
pear to flourish. Government has lent
its aid by directing all it, consular
Agents 10 collect intsrmatioa fitted to
be servicsAbis to manufacturers. A
rivalry which has already achieved so
much and aims at 30 much more. ean-
not ba regal ded otherwise than a. most
formidable"
In assigning the causes OF this for
midable revolution the writer places
first the rapid progress the Americans
have made in the improvement Of their
processes Of manufacture. Once the
Americans imported their cotton ma
chinery from England. They do sc
no more, a. the "nativs machinery il
"cheaper than the British" and alst
requires less power for equal preduc
ton" As to wager, the showing il
that factory labor costs about twenty
per cent. more in America than in Eng
land for the time occupied, but Ameri
can mechanics are ahead in intelligence
precision and swiftness Of manipula-
tion-that is, they will do more worl
ft,n.. aud do II h.Iffar -
Then the American operatives are bet
ter educated than the English, and a
last.
The Charleston .Neus and Courier, il
reviewing this subject makes the fol
lowing sensible remarks:
The advantages which the United
States have over England the Southern
States have over New England. Cot
ton mills in the South can make hand
some dividends when selling cloth'
and yarns at prices that just cover the
cost Of manufacturing at Lowell. And
AZ manufacturing in the South in
creases, 80 will southern advantages
in nearness to the staple, cheapness O
labor and economy in working, be
made manifest. 1t must always b.
borne in mind, however, that the Soutf
accumulates capital slowly, and {
rapid development of manufactures ca
only come through the instrumentalit
Of Northern capital.
This ca apital will not come to tn
South, unless they who have money t
invest are sure that it will be expose
TO no other hazards than those inserp
.rabts from commercial adventure
Any disregard of law, any revolution
ary legislation, any threats against caI
italists, discourage investments in tn
South and thrust from her the capita
which is anxious to come here for ell
ploymeAt in way that will be prof
able TO the lender, and, at the sam
time, far more profitable to the State
creating a home market for our Chi
staple, and furnishing employment ft
women and children who now have n
means OF earning living"
Hon. William Ward, member
Congress from Chester and Delawar
Congressional district has but a poor idt
ofanonymous communications, and say
he takes no stock in them, as tt
writer's are always towards, nearly a
ways liars, and eight out Of ten tim
thieves. Did the Hon. Gentleman ev
edit newspaper