The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-05-21

| The recent troubles among the operatives
OF some Of the Northern cotton factories,
notably of those at Fall River, have turned
attention TO our Southern factories, and the
eyes OF many OF the Eastern people have been
opened TO the TACT That cotton can be manu-
featured more economically at the South than
at Providence or Fall River The Boston
Herald, In stating that since the war 1888 fac
tories have been erected In the South. says
| This IL the opportunity of the South. Let
| principles oil economy be observed In State and
! municipal government; let capitalists be as
sured that they will net be burdened by enor-
| New ENGLAND, and there Is ne reftson wty
| the region where cotton grows ut the factory
the adjacent fields furnish the operatives with
the staff OF life cannot compete successfully
with the territory east of the, Hudson, which
| brings its cotton thousand miles for manufae-
| ture. buys its fuel five hundred miles away. and
transports the food Of its. ,laborers halfway
across the continent The outlook In the South
ern States is hopeful, and they must have a
great future before them.
| Here at the South our factories are all work
Ing smoothly, having no strikes to Interfere
with their continuous operation. Fair wages
are paid, good dividends are declared, and
cotton manufacturing In the South, as far as
1t extends, can be pronounced to be decided
SuGttSS. lHtlH HIs HO IJIlS TIT bli5 lNOi I'LL
more rem1nerative than those at Columbus,
Augusta EufauIa, Prattsville, Ala, and other
places that we can mention which are located
at the South. Now, that SO many branches Of
industry are languishing, and consequently
thousands OF persons, who are willing and
anxious to obtain work, are Idle and suffering
for the common necessaries Of life, Is the time
to establish new factories. Cheap labor can
readily be obtained and there are millions of
idle capital In the South that can be protably
employed In this way. II capitalists would
only carefully and intelligently investigate
the condition of the cotton manufacturing
establishments at the South they would not
hesitate to embark In similar enterprises
The field is broad and rich, and the harvest Is
sure.
The proposed ship canal across the Isthmns
Of Panama Is about to be discussed at q con-
gress In Paris, held under the auspices OF the
Commercial Geographical Society. Admiral
Ammen will represent the United States at
the conference. The cost of the construction
OF the canal is estimated at about 300, 000 900.
1t will probably be q good while before the
scheme is realized. Modern skill and enter
pIlSe cftH HhIulg lHii, SoDHtI VI Iit1el, W at
complish the union of the two oceans and
confer lasting benefit on the maritime world.
1t Is not comforting as an Indication Of
business improvement that twenty-four rail-
roads Of the country In the first four months
Of 1879 show q decrease In net business as
compared with the same period Of 1873 Of
$40, 942 In the same roads the decrease in
April, 1879, compared with April last year Is
$il2ss6 The Financial Chronicle of New
York tabulates the returns of railroad
earnings showing these results.