Savannah morning news. [volume] (Savannah) 1868-1887, 1881-11-28
COMPUTING MR.. ATKINSON.
WhsE Mr. Richard Garsed Saia In
"sOntgOmerY-COstOn Msnufactur-
ing in the South-A Fine Field
There for Capital.
MontgOmsrr Aduertiser.

-NSss'ScfftFf4
The first important question to decide is,
What would be It's cost-what amount
should be invested in the enterprise ? To
run mill of 10000 spindles, whiea would
be more profitable, the amount of 1925 600
would be required, which would leave a
surplus Of $4,000 as a working capital.
There was no reason why It should not pav
dividend sufficient to satisfy anybody. n
8 per cent could be made in New England
IA per cent. ought to be made here. h had
just visited the Eagle snd Phenix Mills, at
Columbus, Ga. which he found to be in many
respects the most complete manufacturing
establishment he had seen anywhere, even
iu the New England States. The dye house
and sppurtenances was superior to any he
had seen, even IN Europe. It was as great
a success as any mill he knew of in
America. He could speak in similar terms
of the mills at Augusta. Another lust out
side OF Atlanta paid every dollar Of the in
vesfment In two years.
Mr. Garsed then spoke of the compare
tive eaeapness OF steam and water power.
The latter was cheaper, but that was 70
reason to deter any one from engaging ia
manufacturing here, because Montgomery
was as near to the coal mines as they are In
New England. 1T is q great mistake to
locate 9 factory on water power twenty or
thirty miles from the city, and have 70
transport the material to it. The factory
should be taken to the pe0pIe, and not the
people to the factory. Let it be located
where tAe women and children could be
utilized as operatives. He referred to the
importance OF sanitary considerations 10
locating cotton factasies, with advantage.
Oh ample Drainage, It was said mat III o
pe2Pis ol the South had nob>aith. He didn't
oereFe 1t, for he had seen to the contrary.
opelssiVes p sne,@.Id be treated humanely,
anu altN Ion given to their comfort.
Mr. Garsed alluded to the fear Of over
production In some quarters and demon
strated that # was without foundation.
England had $1,000. 900 spindles, or one and
little over to each of the population, while
the United States, with so, ,0O0, 900 of peopie e.
had one spindle to every four of the popula-
ton Cotton bought in Montgomery and
other places South is made into cloths and
shipped to China in the face of Great Bfi-
tain's claim to monopoly of the China
trade. His views applied to a typical mill
of 10000 spindles, which could make yarns
cheaper than one of 10000. The saving in
the cost of transportation alone to Philadel-
phia would be equivalent to dividend of
615 per cent. on an investment Of 1926, 900
Coarse goods should be made FIRST, and
white would pay better tsGn eolored. He
could not see why white duck shouldn't nav
as well in Montgomery as 10 New England.
Mr. Garsed made many practical sugges-
tioDs to those contemplating investments In
cotton manufacturing. Lowell and Law
renee, Mass, had been built up by a small
capital accumulated to aa astonishing
amount. He named mills that had grown
from few thousand to hundreds of thou
sands. In New England each person buys
share OF stock; it is an investment sought
after, and should be here, He cautioned
his auditors against fear OF English compe.
tition; he advised against having stores with
goods for sale to operatives. He suggested
that goods should be manufactured
OF such character as could be
sold at home and within a ya-
dtus of twenty or thirty miles
around. He advised against she purchase
OF old, or secondhand machinery; that
mills shonld be managed by experienced
Mill men;.thst itwas unnecessary to employ
experienced operatives Utilize the labof
at home A boy or girl could leaxn 30 spin
In ten days. The factory would De a school
TO educate expert nill men. If he conld
speak to the mothers of the State he would
urge them to educate their boys In enei-
neering, in machinery and practical mann.
featuring. he would prefer diploma from
such school rather than one from our COL
leges, aDd then enter 2 lawyers office.
Mr. 6arsea concluded by saying If he
bOttuE A1ou uC WOulU cOLDS GOuIL at
onee-and go to cotton m manufaeturlng. He
then took his seat and proposed to give 'anv
information desired Il reply to questions
by any one present. Answering several
msses No said water power, as located
twenty or thirty miles, say, from the city,
could be made to pay, If the protector had
money enough. As to the difference be-
tween coal and water, he wouldn't give
thought The use of the coal would tend
TO further develop the mines. The humidity
OF the atmosphere here was neither an ad-
vantage nor . disadvantage Viewing the
question n every light, there was no reason
way manufacturing shouldn't be profitable
In the South, unless long residence tended
to exert an enervating Influence. But the
nVeliest people he had seen were In She
Eagle and Phoenix Mills at Columbus.
Mr.. Garsed is eminently practical In his
views, and was listened to with the deepest
interest by al present. He has been cor
diis9ll5 received, and is well pleased with his
visit South.