The Dawson news. (Dawson, Ga.) 1889-current, 1891-04-22
1T IS LEFT TO DAWSON
WHETHER TIE NORTH CAROLINA
MILLS WILL COME HERE.
DAwsONIANs MUST ACr-A LESSON FROM
ALABAMA-GET TOGETHER AND
DO SOMETHING.

| DAWsONlANs MUST ACr-A LESSON FROM
I ALABAMA-GET TOGETHER AND
DO SOMETHING.
Dawson has not yet decided whe Their
She wants that North Carolina cotton
mi that is coming to Georgia.
| The people do not tale the intorest in
| the movement that its Importance de
| mands
The people of Dawson should not over
look the fact that manufacturing enter
prises are the best investments of the
day and 1t should require no argument
to impress this fact, Experience is
proving it every day all over the South.
Those communities which take hold of
such things and push them are the ones
that come to the front with success.
No place is better situated for a cotton
factory than Dawson-ev neccs-
sary for operation being cheap, and ship
ping facilities good.
The News hopes that this movement
for a cotton factory will materialize at
once, and trusts our citizens will encour-
age it in every way possible.
Union Springs, Ala, place about the
size of Dawson, has cotton factory in
operation of which they have reason to
feel proud
The Herald, live weekly paper pub
lished at Union Springs, makes the fol-
lowing fattering showing for the limited
time the mill has been in operation:
At the annual meeting of the stock
holders of the Union Springs Cotton
Mill, on April 18th, 1891, Dr.. c. II. Frank
lin, president, made full report, which
showed the enterprise to be already
pronounced success. This report is too
lengthy for publication here, but we
CLEAN from it the following salient facts
and figures
The factory began actual work on the
oath day of January, 1891, with what,
experts say, is the best modern plant of
its capacity in the country, everything
having been put in tirst-class shape by
Maj. A Randall, the dens ex machina Of
this great undertaking, He has ably
and successfully performed the manifold
duties of architect, constructor, purchas,
ing agent and superintendent,
1t takes twenty bales of cotton Just to
fill the various machines In this mill,
At present forty hands, male and fc-
male, are employed at wages from TWEEN
ty-tive cents to - per day.
The returns for two weeks ending
April 4th, 1891, show:
Value of output for weeks 5 2,G76.56
Less cost 3" - " PHI 81
Profit for two weeks 5 sos. 10
FRONT for one day A.. 10
Capital stock paid in s %. 500 90
Returns on stock paid in 5s.37 per cent
Returns on stock of Sd0, 600 invested.
PA per cent
The amount of money paid I'm on stock
subscriptions is SPA, $40 which is 80 per
cent, on capital stock A wcll-posted
stakeholder says that within two wears
from April 1st, 1891, the stockholders
Will own mill worth S63 900, which win
have cost them $40, 600.
The present mortgage debt of the com
! pany is 80, 900 at per cent. interest, but
| this will be bonded in order to secure a
| less rate of interest.
| An duulululdI SUBSCRIPTION OF S2O,OOO
! is authorized to buy more machinery to
I'LL the uRocoupied space of $500 square
feet IN the mill, and largely increase its
net earning capacity.
The Union Springs mill Is an object
lesson, and 1t appears that what Union
Springs has been able to do can be ac-
complished In Dawson.
Dawson must get together and do
| something,