Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1881-08-18
for sale at any prico.
& THE GAIN TO THE COMMUNITY.

Tho community whore tho mill is located,
whether they bo stockholders or not, share
largely in the profits, bcoauso the coat Of
manufacturing the goods is distributed in
thnt immediate vicinity. TO illustrote:
a bale Of cotton OF 450 pounds
mado into sheetines, is worth in
New York Ut present prices $50 1G
Deduct cost of manufacturing,
transportation aud commis-
sious s23 62
Cost of cotton at 100. per ib As 00-- 6S 90
Net profit to tho manufacturer SIT 81
10 this add amount paid for labor
aud services returned ID 81
Amounts returned to tho community
profits and for labor s3l Of
Besides tho large increase 10 the value
of real estate extends for many miles around
tho mill, some of it's increased from five
to tcnfold. Recently quite disposition
hos been manifested throughout tho entire
South to build mills aud mapufsoture n
large proportion Of tho heavy goods made
in tho United States.
| have cudeavored to show why it is ads
yantugcous and profitable to do so, and why
it should bc done. The census at the end
of tho next decade will doubtless show
largo increase of mill property at the South,
but my information is that tho North is in
crossing quito as rapidly 10 proportion, if
not more so, than tho South. Most of the
large machine shops arc full of orders,
some of them for moro than a year ond
mostly for Northern mills, therefore the
increase 10 this industry is not confined to
tho South. Very great caution should be
exercised at this time in projecting and
commencing to build a mill, as should be
done in all kinds of business involving
largo amounts Of money in periods of great
prosperity, because the reverse is sure to
come, and preparation should be nude to
mcot il. Some experience 10 the business
Of building aud managing mill is almost
indispensable to success, and it must either
be possessed by the owner or manager, or it
must re bought aud paid for do not
mean that oil inexperienced men will nee
cssarilY fail TO succeed; that will not bo the
case, but they will have to work at great
disadvantage until they acquire tho cxperi-
cncc aud knowledge of the business. y
few disasters amongst new mills would be
calamity, tho extent ond effect of which it
would be difficult to estimate or realize, for
while one sucocssful mill inspires confidence,
tho failure Of one to succeed would have
directly the opposite effect. The people
should not allow themselves to be carried
into it too rapidly by popular enthusiasm,
which now prevails to some extent through.
out tho South, or by the urgent advice of
thoes who know nothing about the bust
ness, but they should look upon it calmly
AMI considerably, aud with due reflection.
MILLS NEED NOT DE LARGE TO BE SUCCESS
al mills to be successful need not ncc..
cssarily be large. do not know why
a mill of 10000 spiudlcs may not be as
good property as ono twice the size, aud
smaller mills often succeed very well. J
do not share in the opinion commonly
expressed that we must procure capital from
the North to manufacture the cotton ut the
South. | would by no means exclude it,
hut gladly welcome it, l believe that
large proportion of the necessary capital is
now ut the South belonging to Southern
people aud unemployed, if the parties
holding it had confidence in tho business
aud were disposed to put their money into
it to build mills and develop the industry
as fast as perhaps it is advisable to do it.
My Intention is not to advise against
rapid development of this industry, but to
advise due and prudent caution which is
Indispensable to success in every new husi-
ness. sly information is that English
capitalists from Manchester arc now look
into |, Of
ing somo of the best powers and locations
for the purpose of manufacturing cotton
here, and that they have already secured
somc very important ones. Manufacturers
and capitalists at the North l know arc
looking in this direction with the same
object, and it would be unfortunate if most
of the oest powers should pass from the
control of our own people before they knew
it.
THE ATLANTA EXPOSITION.
The approaching Cotton Exposition at
Atlanta promises to do much towards dis
seminating useful information among the
people upon the subject Sample machines
of almost every kind will bc there in opc-
ration. Men Of the largest experience in
the business will bo there examining our
facilities and advantages. The best of
everything in that line will be there
and on exhibition, and with skillful opc
rativcs to demonstrate their capacity and
utility.
Manufacturers will learn much by spend
ing some timc among the machinery; those
not familiar with cotton machinery will sec
much to excite their admiration. 1t will
do much to increase tho disposition to
manufacture tho cotton at the South and