The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1894-09-06
LOGICAL RESULTS,
THE MILL BY THE FIELD.
That is What the Future Portends--
Factories Will be Located Near the
Sources of SuppIy--Then the South
Will Prosper as Never Before--TIlis
is What we May Now Look For.


Will Prosper as Never Before--This
is What we May Now Look For.
New Berne JOurMall
There are indications of a better
day coming. The morning star has
appeared, prophetic of approaching
day.
The humming of the industries as
they resume operations will be sure to
spoil the harmony OF the Croakers.
There is to be no instantaneous
transformation. The evolution will
be gradual, but the improvement will
be permanent.
The betterment will not be confined
to any section of the Union, but that
locality will be the most prosperous
whose environments are most favor
able and whose people show the greatest
enterprise, energy, pluck and endur-
| anCe.
While as Americans we exult at the
general prospect, our bosoms thrill
with delight in contemplation of what
the South will be if her people keep
step with the progressive spirit OF the
age.
North Carolina is highly blessed
with mineral wealth, but not more
SO than she is in the salubrity of her
climate and the fertility of her soil.
What is needed here, and elsewhere in
the South, is the full utilization Of our
resources by giving to our own people
all the advantages OF the situation.
The manufacture of our own raw
materials into products ready for the
consumer would add very largely to
the comfort, convenience and general
prosperity Of the people.
In North Carolina the manufacture
of tobacco has done as much for the
State and the people as its produc-
ton has, and the success that has at
tended the manufacture of cotton
fabrics is a sparkling gem in the dia-
dem of her glory.
The day is coming when, not only
in North Carolina, bpt throughout the
South, the cotton mill will be in close
proximity to the cotton fields, the
profits of the field and mill alike con-
trbuting to the wealth and happiness
of our own people.
A practical demonstration Of the
superior advantages which the South
offers to this industry is be found in
the greater success Of the Southern
mills as compared with those of New
England. Very few of the Southern
cotton mills shut down or even reduced
their product, during the business de-
preston of the past two years, while
nearly every mill in the east was closed
at one time or another.
| The outlook for cotton manufacture
ing in the South was never before SO
bright, as now.
In late issue the M,nufafturefs
Record says:
"The Manufacturers ReeO,d re-
Gently announced that several of the
largest cotton-mill companies Of New
England would build mills in the
South in order to hold their trade on
coarse goods, 1t was stated at the
time that, owing to the general hnan~
cial depression, these companies would
not commence active work until there
were such signs of business improve
ment as would enable them to place
their new stock to advantage. On last
Thursday the first mill to take definite
action, the Massachusetts, Cotton Mills,
Of Lowell, passed a resolution to in
crease its capital stock from $1,000,
900 to S2,4oo,ooo for the purpose OF
investing 5000, 900 in the building of
a cotton mill in the South. This COM
pany, unable any longer to meet the
active competition Of Southern mills on
coarse goods, determined to face the
situation and build in the South a
mill of about $4,000 spindles in order
to protect its trade. Such action on
the part of the stockholders of this
company means great deal for the
South. 1t means that every other
mill producing the same line Of goods
as the Massachusetts Mills must OF
necessity follow suit.
The Boston AdOsttiser, in COM
menting on this, says; alt is an
open secret that other large cotton
manufacturers in this state are prepar-
ing to build auxiliary plants in the
South, leaving their present mills for
the manufacture of more suitable
grades.
This is but the discounting of con-
ditions which have seemed inevitable
for long time, and towards which
the South has been advancing for
years