The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-10-18
CONSOLIDATED RkGElrfs.
Tins Year Last Year.

The shipments from this city to-day were: 1G0
bales for w Lightfoot Co, over the Gu,i,
Colorado Santa Fe; q ales iSLI fr WSte
Co., and 100 ba es for Mordecsi q Co. ever ihe
Texas & Pacific. nj.
At IS. ssipn of the recent meeting of the Brit
ish ass nci.t ton at Southampton, Mr.. n. Guth-
rjp of Manchester ad paper before tne
economic S, c ion upon the present sta OF the
cotton q ade of Lancas hire in whicn an lnter-
eshng ausysls OF the iea,uie 1l .ne snunuoS
thereon by eminent economists. Mr., Guthrle
stat d that in spie of improvements In means
for converting cott)ns into yarns sincs twenty nv,
or even ten years ago. by which the price OF the
latter was more Than half a penny per pouu
cheaper Than formerly, nothing more was made
II on the capital so employed than simple IA
terest Of course, the tendency OF all improve
m mis- In machinery is to cheaper products, but
some profit above In. crest is necessary 70 sus,
tain any industry. The worlds producnon 81
raw cotton had constantly increased, ana wn,Ie
the conspm ptiun of cotton Ia England had KEEP
pace with hat incre ase, the qusDtity consumed
la other coun'res had increased IN a mum
higher ratio. The following is a condens.tinn
Of The tables presented in Illustration OF this
fact: c T.,
lion 4i-S ton 1873 80, ere tse
Bales. Balls per (:
eat Britain 100000 16o49.0o ls
Continent. .. O14,00 13,27IO00 ~
United States -; 2 SOOAVo asoI,V oo
l.
the cotton trade does not flourish as well III
England as ia he otner sections. when ne
thinks Ia due TO the increased facilities OF trans
portation. Ell abliny the Continent 10 secure the
raw material as cheap'y as 1t is laid Down IN
England, and TO the additional advantages OF
Logger woi king hours and ch. aper labor en-,
iov.d by The former. In Great Britain, the
time OF labor has been reduced from six'y-nine
honrs per week I'm 1913 ~ d ty-six and one
half hours in 1870 while on the Conuaent
they are now generally from tihiy'eight
10 seventy .t"o A0sis a'-- 80. 80,
Of The istter In the mat CT Of the cost of mills
machinery, power etc Mr. Guthrie says Erg-
and has some advantage, the cost per spindle
be ng el and per loom GO, while on the conti.
nent and In tho United States these III ms CO.!
III ee times as much Moreover the cos OF coal
was less in Lancashire than snywhere else
The com petition 70 which English manufactur
ers are subject he thinks, Is lot between laDoi
and CA oitai al home but between labOr At home
and abroad, and therefore the only remedy Lies
| iu a reduttion OF wages, sihce short time wonlo
| only enhance the cost OF PRODUCTION, 70 the fur-
| tributes the depression TO foreign competuon'
assisted BY prDtectiye tariff. =,
PROF ssor Ieoni Levi, one Of the m u Dis
tnruished Of fnglifh economists, said inst the
\ isrger profits OF Other counties engaee1 ~ the
manu- aciure OF cotton FOODS w,s due % TIER
improved facilities for procunDg the r.r ms,e
| rial and 10 tha increased esgornoes for monsy
making, especially In France. Germany and
la " where the increased smount Of captsl tut
into circulation IN manufacturer, hfd i0wert
tse rate Of inieres', 90 thai The special ndTan-
ages that England orce enjoyed In This spect
greatly equanzed. Oiber m,mbers OF The esso-
cisfian regsrded the situation more cheerfuuy
aud hopefully. snd believed u was by 10 mean,
a. dark a. painted.