The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1880-01-16
IMPORTANT FIELDS OF LABOR.


and commercial history of this coun-
try. We refer to the practical demon
stration that the amber cane for the
manufacture of sugar can be grown In
the northern and western part of this
continent and to the invention of
uCiement Attachment to the cotton
gin, which takes the cotton from the
seed-boll and turns it out In silver or
thread ready for spinning into yarn
and other manufacture. The latter in
vention, once successful and generally
introduced, will add three or four
cents pound to the value of the cot
ton as produced in the Southern States,
and give employment to a million of
idle whites. The former discovery
will add q hundred millions year to
the agricultural resources of the North
ern States. The two together will ena-
bic the people of the United States to
declare commercial as we'll as political
independence of all the world, and en-
joy favorable balance of trade so
long as internal peace, freedom from
famine and plague, and reasonable In.
dustry shall prevail in the land. These
additional resources will add to the
political strength and national cohesion
of the United States, as we'll as to the
material prosperity of the American
people.
We do not agree with the Tribune
that the amber cane will accomplish
any great results. The sugar cane can
not be equalled or surpassed by any
other plant, and the State of Louisiana
has sufficient unoccupied territory to
produce any quantity of cane and su-
gar. II. more land were needed for
the ordinary sugar cane we have it all
along the Gulf coast. The West and
North cannot compete with 1t. The
cost of extracting sugar from the beet,
the amber cane, and from the sorghum,
is so great that those who engage In 1t
would soon seek tho more prolific
plant of the Gulf. Here we have the
unoccupied lands, the most suitable
saccharine plant, and the most favora-
BILE climate.
The invention of the Clement At
tachment, if that may be called an in
vention which is simply the applica-
ton of an improved gin to the spin
ming factory, will very probably ac-
complfsh all that the Tribune predicts.
This invention has been examined by
number of persons who are familiar
with machinery and nearly all speak
of it as success. Mr.. Jefers, Mayor
| of Birmingham, and Mr.. O'Brien OF
that city, both experienced mechanics,
have recently visited the Westminster
mills, and both are of opinion that the
attachment will do all that is claimed
for it. Mr.. Kennedy of Tuscaloosa is
of the same opinion. And now we
have the opinion to the same effect of
Mr.. Henderson, the Georgia Commits
sioner of Agriculture. Mr.. Henderson
visited the factory of Mr.. Stribling, Mt
Westminster, South Carolina, and, In
his account of it, says:
"In this, as in all other kinds of
manufacturing, the capital may be
classified as floating and permanent,
tho floating capital being that used in
the purchase OF stock, and the perma-
nent that invested in buildings and
fixtures. In the case of single at
tachment, 1000 pounds of seed cot
ton, yielding $4,000 pounds of lint,
represents the floating capital. AS this
investment in stock is being returned
Throughout the year from the sale OF
yarns, it is deemed but fair that legal
rates of interest should be allowed for
six months only. The permanent cap
ital or investment, suppose, will ap-
proximate 5000, and on this allow
seven per cent. for the full period of
one year. The matter would then
stand about as follows:
Interest on a., 900 Of floating capital
six months......... ......... ........... 175
Interest on 5000 investment for
twelve mOnths."..................... $50
Labor of eight hands for 800 days, ut
fifty cents per day ."...........". 200
| Contingent expenses per day, fifty
cents .......~ lou
Showing Il total expense.per annum
OF $l 1910
| The price of labor and contingent
expenses is little in excess of those in.
Cured by Mr.. Stribling.
Now, the gross profit of the mill IL
the difference between the amount PAID
for the raw and that received for the
manufactured material. Mr.. StriblinG
informed me that he paid at the rate
of ten cents per pound for lint cottoL
and sold yarns at seventeen cents pei
pound, thus increasing the value Of the
cotton seven cents per pound by the
j