The people's journal. (Pickens, S.C.) 1891-1903, 1895-12-05
capital and skill will 90 South and

capital and skill will go South and
create tho varied development.
This is not mere theory it is q
plain statement of what is actually
happening now, every day, and with
utally growing momentum. 1t is the
oare truth that the South today has
ueCCer mills than the North---thev are
oho product Of the best engineering
anrii af> opta,nable, and in every detail OF
oohsIructlon and arrangement are of
,,n Sne highest and most scientific tvpe.
10y are equipped with the most mod
Jon; Jcn machlhery, embodying the latest
"Sit"oie ",,J @ iaDo"-saving improvements,
"ttastn1 ~ hlgher average efficiency,
"',tn"t "vt.S'to py quality and quantity Of
"uIp"'' ,r;It' Sian any but Il few Northern
structed ut far less cost thar nthnr %
Mills, ana represent much less cost
per spindle or per loom than the lass
enlcient Northern mills. With Lass
capital invested, they have greate,
earning power than than their Nnr,b.
ern competitors. A'''''i-
Ihe test of the relative skill am
ployea Is the quality and Quantity If
output. In the comparison of similar
sraoes, inc output OF the best South
orh mills Is lully as great and in some
SascS M greater than that of tho best
Northern mills. 1t is produced with
tho same number of machines and tbn
same number of operatives, and il is
froduced at much less cost than the
product OF Northern mills. Finally,
~ Is ol higher average quality than
NorCncfE product. SU much for Tho
results of skill and experience.
AS TO capital, hardly u leading
Southern mill but numbers among its
stockholders many Northern investors.
southern energy, Southern capacity
ana business shrcwdness have been the
organizing forces. They have shown
that southern mon have all the uuuli-
tlcs hcedlul to command SUCCESS, and
can Without foreign aid develop a
great opportunity until it becomes q
great success. Upon the foundation
Iald oy Southern men, sagacious North
crn capitalists have aided to build n
great superstructure, confident of its
lirmncSS.
Leading Investors in Fall River
mill st 1cks arc also confident Investors
N certain mills in the South, from
whlch they arc receiving large uivi-
dcnds.
Among the capitalists of Worth
strsc1 There are many who have been
quiet investors i'll Southern mills, and
were 1t lifting ID publish a list of the
directors OF the mills Of the South the
lumber OF Worth street capitalists to
DC lor amongst them would cause a
cns..V Oh In one such board elected
within Il few days, is a prominent
Worth street merchant, Il great New
nork clothing manufacturers, and two
Ne" Eng land manufacturers, idcnti-
hcd with cotton goods: whilst among
tne stockholders arc Boston CAPITALISTS,
Name manufacturers Of woolens, ana
others who have hitherto believed
only IN Northern Investments.
put my first $1,000 investment
IN a Southern MILL said the Worth
street merchant. just to help Il man
along. L didn't regard my Investment
az worth anything. Since then, |
have cnangou my opinion about South
crn mills
The merchant in question has now
probably half million dollars in
vested IN various parts OF the South
IN cott N mills. He is one Of the fcw
who understand fully the greatness of
tue opportunity. Those who rcaliZc
it arc already large inveslo a
steady current of Northern capital is
already flowing South and the cur
rent seems likely to become u torrent
ere long"