The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1881-11-10
Cotton Manufacture.

No industry ever inaugurated in the
Southern States has grown in import
ance so rapidly as the manufacture Of
cotton yarns and coarse goods in the
last ten years At Columbus, Ca.
there was company organized in 1875
with but single mill and capital Of
5000, 900, Now the same company has
five mills, with a paid up capital of
81, $50, 900, while the Langley Manufac-
turing Company, of Langely, S. c., has
declared a dividend of eight per cent.
on $3.50, 900 capital in the last seven.
months. The Wesson Cotton Mills, Of
Mississippi, which began work with one
mill and $500, 900 invested, now has Its
stock increased to 81 900, 900, and pays
a heavy profit. The whole Of the stock
of the Charleston Is. c. Manufacture
ing Company has been subscribed and
mostly paid in, and it is said that large
ly over three.fifths of it is owned by
capitalists in Boston Work was begun
about the 1st of July and is rapidly pro-
crossing. The entire capacity Of the
mill viii be about $4,000 spindles, and
when in operation it will employ from
400 to 800 hands. The second story,
which will be devoted to weaving sheet
ing and shirtings alone viii contain 500
looms When completed and in full run
ming order it will be one Of the largest
mills in the South There are other mills
of minor capital, but no less successful, at
Corinth, Natchez, Macon, and other
points throughout the Gulf States, most
Of them so profitable as to require a
night set of hands At Vicksburg a
large cotton factory movement is on foot.
while Columbus has new cotton-seed
oil mill, and intends to build large
factory.
If this should be done, and the 80, 600
bales of cotton which she handles every
year could be spun into yarns at home,
it is estimated that instead Of realizing
81 700, 900 from her crop, she would
get over 50, 100000. North Carolina,
Alabama and Texas all have factories
of more or less importance, while Ten
nessee, never behind in anything that
looks toward home progress, furnishes
her quota to the onward movement Of
the New South. jackson has already
raised S25, 900 toward the erection Of
$3.50 900 factory, a Chicago firm having
taken $40, 900 Of stock, with the under
standing, however, that part must be
taken by skilled New England mana
gers. Paris wants $50 900 mill, and
has already S25, 900 subscribed and the
building grounds At Pulaski, forty
miles below Franklin, there is mill
overrun with orders that is said to pay
thirty per cent. on the money invested,
and wants eight or dozen skilled way
ers ut once added to its force. Memphis
has on foot a movement for the erection
of large factory and cotton-seed oil
mill, while the Pinewood factory in
Hickman county is realizing each year
more handsome profits to its enterpris-
ing owner. Verify the new South is
rising into such proportions that ii will
soon astonish the civilized word with
the results it must accomplish A
Southern empire-not such as Davis
dreamed about and Lee fought for, but
an empire of business, thrift and mate
rial prosperity-is breaking into life,
and the scream of the steam whistles
and the clash Of the shuttle and the
hum of the spindle and the steady stroke
of the strong armed laborer all promise
the early and glorious reign Of peace
and plenty.