Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1880-04-03


whom would share in the gener
prosperity that a complete syste
of manufacturing enterprises woui
bring to a city, county or State.
Now propose to add Il few fll
ures and show that there are 9th,
advantages to be derived from maj
ufactories that will naturally accrr
to the interest of the stockholdel
and Others, outside of the sem
/. annual cash dividend, whateve
that may be.
Wewill then suppose that thre
. manufactures are established i
: iClarksvilIe, representing capita
amounting to $500, 900; or it Nigh
be best to sappose this sum invest
ed in manufacturing enterprises
whether in three distinct factorie
or more or less, it matters not. Thi
amount thus invested would Civ
employment to not less than 30
persons, at an average salary o
81 % per day, including managers
book-keepers, foremen, etc. Thi.
would amount to 1915 per day, 81,
$50 per week, and $1I2, 500 per year
leaving off two weeks for Christmas
and other holidays.
+ Now, we will allow these hands
to lay up for a "rainy day." as
everyone should do, part of their
gross receipts. say 10 per cent.
which would probably be as much
as would be saved. This, when de-
bducted from the amounts named,
would leave $2,025 per week, or
$l0l, ,250 per year, to be expended
for the necessaries and comforts of
life, including house-rent, wood and
coal, general merchandise, the vari-
Gus products of the farm and all
things included in what is termed
necessary family supplies.
1t is reasonable to suppose that
the 800 hands named would repre-
sent at least about 100 families, more
or less, which would require the
same number of houses as dwell
ings. These houses would furnish
good investments for enterprising
real estate owners, employ carpen-
tiers, painters, bricklayers, stone
masons, timers, etc., to construct
them, increase the amount received
for taxes by both the city and the
county, and add to the general value
of real estate in and near the city.
Again, it is reasonable to suppose
that much of the material used i'm
building these manufactures, and
consumed by them after they are
built, would be furnished by our
own immediate section of the cOun-
try, in the shape of stone, brick,
lumber, iron-ore, timber, wool, etc.
The building of them, including
the preparing of the material, would
furnish work for mechanics, saw
mills, common laboreLs, wagons
and teams etc., and the money paid
for the same expended and distrib-
uted in our midst. Indeed, nearly
the whole amount of stock sub
scribed, except what would be nee
essary to purchase machinery, and
the aid of skilled mechanics in put
ting it up, would beexpended among
our own people and often find its
way back into the hands of those
who originally paid it out for stock.
And last, but by no means least,
the large sums of money sent away
from home annually to add to the
wealth of Northern cities, for such
manufactured articles as can be
made as cheaply at home, would be
kept among us for circulation among
all classes of our own citizens.
When this money that is thus
kept at home is added to the
amount paid to Operatives and the
amount paid for material and other
wise, including dividends to stock
holders, believe that it might be
safe to say that not much less than
a half-million of dollars would be
added to the money circulation of
this community, including this and
the adjoining counties, caused di-
rectly and indirectly by an invest
ment of 100000 in properly man.
aged manufacturing enterprises.
This increased circulation of
money among us could not be other
wise than beneficial to all classes,
rich or poor, whether, farmer, me-
chanic, merchant or banker, and in
the end would bring greater pros
perity to our community, as would
soon be shown by an increased
activity in all branches of business
and an increased demand for many
of the products of the farm, for
which there is now but little de-
mand.
When the fact is considered, and
it should be well known without
further demonstration on the part
of anyone, that this circulation of
money will naturally find its way,
to a greater or less extent, into the
hands of all classes, trades or pro-
fessions, then | say that all can well
afford to contribute their mite,
whether much or little, as their
financial ability will permit, in aid
of such enterprises as will produce
such good results to the community
in which they live and to them
selves individually.
If necessary / could name many
other items showing the general
advantages of manufacturing in our
midst, including the employment
that might be furnished many of
our poorer classes, which is an item
that should not be overlooked, but
/ have named enough to show any
reasonable person that the semi
annual dividends alone would not
be the only advantage derived from
such manufacturing enterprises as
should be established within our