Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1881-08-12
PROGRESS IN MISSISSIPPI

AT SlckSDurS; the largest CITY III TIE
State, a large cotton factory movement is
on foot. Nearly S200,0 900 has been sub
scribed in the city and it is expected to
raise as much more East and have the
Eastern stockholders take the management,
build, equip and operate it. Columbus.
Miss, has "a new cotton seed oil mill and is
raising stock for a cotton factory. If she
would do SO, and convert the 30, 600 bales
of cotton she handles by spinning it into
yarns, instead of getting about 81, 500, 900
for her crop, she would realize 81, 700, 600
for it as thread. A New Orleans company
| is starting large mill at Canton, Miss. At
| Water Valley the machinery has arrived for
| small mill, to be enlarged if successful.
Mississippi takes the palm for fine cotton.
| The Vicksburg mill for instance, will use
staple one and three-eighths inches long,
| buying direct from the planters wagon, will
| save all incidental expenses, and will secure
| a years supply of cotton in getting the crop
of few planters around the city. Many of
| these mills are specially exempt from all
| taxes.
Tennessee, though not so large a cotton
raising State as the three just South of her,
is yet increasing her cotton manufactures.
One of the largest mills in the South is 10
Gated at Nashville, and dividend of IA per
cent was sufficient inducement to build an
other. The mills at Pulaski, Tenn, have a
speciality and are so overrun with orders that
f, they are anxious to double their capacity
At Jackson in West Tennessee, the people
intend erecting cotton factory, and they
have already about $50 900 subscribed for
| that purpose.
| The Lone Star State has but recently
awakened to the importance of spinning
| rf bny. OF
not unlikely that several factories viii be
| erected out there soon. Already number
| of small thread mills are in successful oper-
alton at Columbus and other towns. Hous-
ton has fine opening for the right man.
The building and machinery are already on
the ground, and there Is needed only a
guiding head with enough capital to put it
IN order. Dallas is inaugurating a $500, 900
factory, and Sherman wants a S75, 600 one.
SOUTHERN ADVANTAGES.
When the Northern people read such evil
dences as these they must realize the vast
growth of this industry in the South but
when they go South themselves, no matter
in what States they may travel, they viii see
such further evidences as will lead them to
eyclaim, as did the Queen of Sheba on be-
holdingssthe glory of Solomon, The half
has not been told The chief advantage in
the South is in getting cotton cheap. The
cost of getting bale of cotton from the
| field in the South to the mill in the East is
81 per bale, which aggregates 10 per cent.
which is 2 per cent. more than the annual
average dividend paid by forty of the prin-
eipal mills of New England. Again, while
the Northern mill works ten hours day
! sixty hours to the week-many of
the Southern mills work seventy
seven and some eighty four hours week.
The cost of living is less South than East.
And certainly when the Southern people
prove their friendly professions by their
works and put their capital in the hands of
those they invite to cooperate with them,
none can question their good faith Cotton
may still be king in the South, but his
dominion is no longer confined to the broad
and undulating prairies lifting their snowy
bosoms to the warm summer sun for the
hum of the spindle and the clash of the
shuttle are now heard in many cities and
valleys The people are accordingly be
ginning to realize that one hand in the
factors is equal to four in the field, and as
they gradually learn by experience the
profits to be secured in the factory, all of
their idle capital viii be invested in manu-
featuring cotton goods.