The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1893-07-28
NEW CQgON MILLS.
than A dustry.
a Plan Showing How Any Town in
ssav COTTON states Can Have It's
Own Cotton Factory.
[From Progressive South. ]

- : -
from Progressive South.].
The writer does not believe in tho
"overproduction doctrine" and will ig.
more It here. But under present circum-
stances and as "war" measure there is
no need of an increase in the production
OF cotton and If what we read is correct,
there seems to be no necessity for an
increase Of the4output from the mines:
Consequently, we need not single inn
migrant, because the South cannot sell,
at q profitable price, what it produces.
There is business that reliable author
ity says "panned out" dividend last
year from 30 to so per cent. on the capital
stock invested. Such bling the case
there is place where expansion is need.
ed on gigantic scale. If such be the
case, the cotton manufacturing industry
pays best in the South, the assertion Of
iron and steel mongers to the con-
~ notwithstanding. Such being thc
E<ase, our intention is to publish the best
that we can. conf YSe of, for any
"A and county in the cotton States to
ke It's own factory; built by its own
Pplc out of their own resources and
er being finished, with it, manufacture
eir own cotton. Every county should
we its own factory With sufficient
city tdemanufacture all the cotton
lakN<IhOBSxNESs<1zfe
reason why the cotton gin, factory and
Toll mill should not be combined. The
Nipgs effected by such combination
wgg@ be immense which would include
an BE cost of b.sing, bagging and ties,
frsakht, waste, handling, sampling, sell
ine, washing, stealing, warehouseing, etc.,
etc. The oil mill should pay rs good or
better dividends than the factory proper.
Tho bulk Of the products of the oil mill
should b. consumed on the adjoining
cotton-farms. The hulls for cattle feed
ing and the compost heap; the oil cake
for fattcning stock, and the oil itself is
useful in many ways. There is nothing
better for softening dry, hard leather, than
cotton seed oil; mixed with -four to the
consistency of soft axle grease, it is a
good lubricant for wagon or buggy spin
! dies, cast iron gearing, etc.; used in
sperm oil lamp it burns about as wen and
makes about as good light as any other
oil of that class, petroleum of course, ex-
cepted; refined cottor seed oil mixed
: with hogs fat and small percentage OF
tallow makes as good substitute for
lard as can be found.
BY religiously guarding and keeping
out Europe's paupers the cotton factories
will, in few years, materially diminish
the number of bales that goes over to
John Bull.
Mlittle Southern town is there that
woulo not be on the solid road to pros
Pc if it manufactured the cotton and
seed produced in its territory. To at.
tempt TO give the interested reader min
ute details of the advantages to all the
people would consume too much space
1at this time. The all important question
How ban the thingG,e donea By
ste6bty township or r.nicipal bondsi
No, God forbid that al. State constitu
\ tion will much longer allow any people to
EYctS interest bearing bonds on the necks
'Iof prosperity. Interest bearing bonds eat
like cancer in human flesh and unless
rooted out will destroy anybody, to which
it may be- fastened. No manufacturing
industry, nor any other, should bo put
on fJQt, unless established on founda-
S,'iGNShat would in the future preclude
the poss. bsity of its ever having to pay
interest 60 any appreciable extent. II
not witlfinterest bearing bonds then howi
BY Subscription and the issuing of sc.ipt
evidence OF stock. Every citizen of the
town and surrounding country should
take as mucfveriginal dcbenture stock as
I. they could easily carry without embar.
rassment. Many of the street loafers
could, and perhaps would, if the proper
spirit prevailed among the people, carry
and paw for in labor, severa! shares 0.
stock. Farmers could pay for much OF
theirs in cotton and seed; lumber men
and brick makers should take stock
enough 10 supply all the material for the
building. Artisans and common lahorers
- ID and would carry large percentage
stock if they had been previously
educated to see that the enterprise was
for the benefit of all the people, instead
of a few. The founders of such an en-
terprise should be square, level-headed
= business men and in the very outset should
see that every safe guard possible should
be thrown around the charter that would
protect the very poorest stockholders,
as we'll as the most wealthy and preclude
the possibility of the property ever being
jassbbiearupshy' ssegFeeds gym icates :;
the same as navigable rivers are. Enough
paid up stock, in cash, would be ncccs-
.s,sary, to begin the work and finish enough