, 1881-08-13
Dr.. Simonds Discusses the Industrial
Resources Of the Cotton
States,
Mr.. n. II. Inglts raigravc on the Prog
rcss Of Banking In Great
Britain,
The Water-Powor Of Niagara and Bank
Ing in Canada 0onsidercd-
Adjournment.

NGhb wv III &0G E0haEs MlaA pEA3EE WIS NIlETCAs
Tho President announced TINT tho Executive
Council met Thn~sday ovonlng, anu elected tho
following officials: Chairman Ut tho Executive
Council, ,Incob d. veTmilyu. President Mcr-
chnhtsf National Hank, Now York City: Treas
nsnr, George +. 1salsor, President First Nntonni
uaalk. New York: Secretary, Edmund q. isani.
i0lph, President Continental National nnnk,
Now York city; Corresponding Secretary,
GuorGo MarsfRnd, c,lttor, New York.
Il. A. Towles, rrcsdcnt Ut tho First National
1}ank. It, Albums, VT, rcN.f n pnpcr oil LINK
Taxation. which ent.aced n history Of tho
1'a,lcs elnce 1871, remedies for such evils. und
deductions inade thsrcfrom.
Dr. ANDREW s1MoNns. IT,, ,
a rapcr WAS submitted by br. Andrew 81
montls, Ut South Carolina, IN tho Industry mud
RESOURCES and material progross OF South Cnru-
linn. THU piper was ns tu.l,ws;
cOSyENTtuN: Thia paper Is intended! to cnl nt-
igy III tho South Atiautio Cotton stntca, IL it,
lu4tratcd r,oro espcenlIy IN South c.rplinR. In
vioHs 10 ISL. WIS aImose entirely reltat upon for
tAS srport yr ., 1 ps1pe s eo sa,a xhoo IN
80 uelIornblo md prnstrnte coa!tton rs Suuth
tho prasi!ca! application 81 Ii tho discovery, 6y
and scientist. Of tho phospfHlu topusits uudur
ti!o ana and ,,t,dcr tho waters Of silo sen-eoast
81 South carol!lal, was tho CLEAN of hopo to un
Thc ilrst snit,1nuits Of cru,,o rock wcro nudc In
1s61,-slx tons to domestic ports. which itus In
creNspG ycnr After ypar. tito shipments to 10th
tnrcJsn and dolltcatlu ports rnnchnls, in laal,
near ia9, ,00 tons ctntla rock. tnnrketsd BY both
o oro io Sut o2e copancs il
operation, Tho plosphntto nlotuiar ytrattim
@ 1ss; s,'Ss ,si, sao y
ha sr hnGt u s ~ nsnay y on'y IL oGa, 1., neco'n!on
FINN " GsH .n.,t, pur uots ,,t M aas
;,,s IT. TSete ss Sss; TSs ,s rsss Il
,,s sh5 5n rcn ~, tT, ~ ,s ~, ~ W. ssv fr
sape 'ae asK St h ho y ss
sr esns tpS PuSsie u e ROCK shows
,! sHss , ss, deTs PARTIES wnFk,ns Under ,nai
f9esories OF tnose fcrtit!zars III the CITY of
I'VE, every ,, year, -, ;, ,,,.. ....,,,,., ,..,..
il ,sa~. Nv r,,,-o.,s f,nss ~, :,
sS ssSSs s sSss' i! @ vSic VI II
,y.rs iMlish1 tot,s nne. tnnths * wnIoh - ,ynsn
thn ,t.,to ret n,no, wtnIm " rn,p tritoa ~ thotr,
works. ~. -
md the dtstrbutinn of these fertilizers
through sho south Atnt!e ~ nS!t y toll
States as eonparsd with tho rich .aiiuyia. so!ts
tue oa My't oa wha il e po 5 Ct tie Setie @
crease fur outstrlpptu9 tho increase nr popula.
ton. the greatest specific ncrensc bonn, In tho
Atihttio CottoH 4tates; which havo tlfat foIt tho
psr nero has nln,ost IGaohoi that Vi sijsstsslppi
aIa Texas; And; ;ntst!tMom 81 rolls o., the nntural
will be more and moro exhausted. willis the AT
!nrtto Suites. Under the increased uso OF fcrtil-
tzers HNd consequently better tiIlakc, will pss,b-
Ahly become tho largest producer OF the staple
prr aero. x, -
| In iSSO there weso, In South Carot!ha alono
| about 1850 looms and about NyUN spindfes, ~
nEninst 1u0 lootna and Is, J apintrs lii 1870 aud
1t IL only nov, IN ISL that tho people are really
turning their attention to this brtl1ch OF indus
tty, there lclux now 1lito u number Ut now fuc-
tories hlIltling and projected.
md tno lunnufooturo at cotton goods hns
been undertaken With Improved machinery and
| under tho direction of exper(oncad operatives,
i has paid the ow,lora han!lso.nely and given Il
Southern spiut,ers hnve soo decided advantages
| over thor Northern competitors. They yet The
rnw lnntor!nl from Or very NEAR tho prtducer,
a ~ t.s eos y ,:s 1ae ts
onrrat.ss % III" u,rs 1mn,v tham ~ sSs Nott