The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-04-18
THE COTTON MILLS.
The Plans Of the Company Outlined
by Manager Warfleld


Mr.. F. L. Moore, the retired merchant OF
Washington and one Of the incorporators
of the Savannah Cotton Mills Company,
after spending three or four days in this
city very pleasantly returned home yes
terday II was not expected by MIR. Moore,
when he made his engagement to come
south, that negotiations pending the trans
fer of the Savannah Cotton Mills would
come TO such an abrupt termination, for
before he reached here the mills had been
consumed by fire, but be has such conf
dence in the future Of cotton manufactures
in the south, that he became one Of four
who have subscribed one-half the stock re-
quired to rebuild the factory.
A MORNING NEWS reporter called on
Maj L. NJ. Warfied yesterday to inquire
what has been done looking TO the rebuild
ing of the factory.
Maj Warfeld, in reply, said: 1.-THE in
corporators held meeting and effected
temporary organization. Messrs. John
Flannery, +. L. Moore and myself were
present. Capt. Flannery was elected presi-
dent and was elected secretary and treas
urer. A constitution and bylaws were
adopted and $50, 900 subscribed to the stock
Of the company. Books of subscription
were ordered to be opened at the Southern
bank to secure an equal amount OF
stock. The books were placed at the
bank this morning. The incorporators
are so we'll satisfied with the result Of the
past years management and 80 entirely
convinced of the value of such AN enter
prise as an investment that they have de-
cided to make determined effort to build
mill Of larger capacity, with new ma
chinery and all the modern improvements.
In order to do 80, it will be necessary to
have 800, 900 cash capital, and they think
there should be no difficulty in inducing our
citizens to take the remaining stock. The
books will be opened until April %, and if
citizens don't want the stock we will make
an effort TO place ii elsewhere"
us not Savannah favorable locality for
cotton manufacturer
eyes, sir. There is no better location in
the state for cotton mill, and there is no
question but that the south is destined to be
the cotton manufacturing section of this
country, particularly in the coarser styles
Of goods and yarns Cotton manufactur-
ing is in its infancy in the south, and it is
my opinion that the next ten years will
show such a development as will astonish
even those who are the most confident Of
the future progress in that branch of in
dustry."
"But it has been said the mill was not
successful under its old management before
you leased the property"
THAT is true" replied Mai Warfeld.
But if anyone will take the pains to look
into the matter it will be seen that there
was TO good reason why it should have
succeeded then as it was managed, and
every reason why it should not No bust
ness could have succeeded under such mis-
management, no matter how worthy the
enterprise or promising the prospect"
at has been argued that the labor is diff
ferent from that found in the north; how
did you find the LAHORE"
There is no better labor in any mill in
the country than that we employed ia the
Savannah Cotton Mills during the past
year. Most of it was native and many have
grown up, one might say, in and around
the mill A few had to be brought from
other sections, but they were principally
heads Of departments who had experience
in their particular department. 1 had no
difficulty in getting all the good labor
needed"
DO you think of rebuilding on the old
sitew
81 consider the location as good as any
that be secured for that purpose. If we're
going to build mill there [ should make it
front east and west, and have the approach
from Stewart street, instead of on the very
narrow streets as formerly. This would
obviate much Of the difficulty of hauling to
the mill and remove tho only serious objec-
ton to the location. Everything has to be
hauled to and from the mill, and it will be
difficult to find place where we would not
have to contend with deep sand, while If
the mill should front as | propose there
would be but this objection to contend
with, and that can be remedied in a great
measure by little attention and labor.
One great advantage of the old location is,
that the help can all live near the mill as it
DOES now"
You think then, that a cotton mill such
as yours was will be a good Investment for
capital, and don't propose to abandon it
even if you do not get the added subscrip-
ton herep
'Idon't believe there is any business en-
terprise, which will pay one-half the profit
on the investment that a cotton mill will
and my experience Of the past year clearly
proves to me that Savannah is equal to the
best in point of location. There have been
such improvements in cotton mill ma
chinery that a new mill will start with the
most favorable prospects, aud on an equal
footing with any mill in this country We
have of course shown a willingness to give
Savannah capitalists the preference for a
week to take the stock required; if they do
not or cannot see their interest in the
matter, then we shall go north where CAPT
tai is ever ready to embark in IA southern
industry which promises to be not only
safe, but largely profitable as an invest