The Caucasian. (Clinton, N.C.) 188?-1913, 1896-02-13

- ss<- ss-s 80 -. u<.s.-s.a g. ~.
GaLa
n.-. ~<r.A.., r-~.-. .-s 80
sss1 - A- --.a=ssesrsss s.-1slr, -
ASS - os.s. hrsasa k~ e. -. -. A..
t1-cs~ s-st tAs sst ArsaxS .-~>,- - -
sIss1tsaa q sAs ss&A-~ F-et.-.< - a..
49, ~.sass iss su-g-~s2~- q .A~~..s
eo<ssa ssAls - A.-s --s--A.Ey o, -. .r
tAs >-u~-s<a. CAsal
rhs rss@a tnsr~>s IN a. ua.nat~...t-.
i.s<s1s<fy sf tspsn a. gtias a..aAa - -
sassAal.sS ~ tAs sA--s-- q q sss4v-a->lA-
rv..1e~rstsaa- sef th- .st.ssSu. a..
,t.s rsr-gns-slssa - ~ oa-.g-.~fI... a.
ths r..sss q t-skins a - $500 4. ~
tstr~a si-sut u . anysa tAsa tAs s..s.
istarins sssssry rsa-rsiiy - a. 4 saa.-s
-ssis- hss 40 ysti-s sssrA>t -sszrs.. -
siss As--s ssd All - tbs-~ snr.S-.i saa
as~ss % tiss sru>a u..aaf..saF's.. -, -
lstsa IA .~>Aa ts-ats 49, saliss 80
an -ssrss~ dsti~s-1 of IL 80 ssal A.
1Stssa ts-issf t-inE - 49, s.zsi .u.i e.
sos.ss |. i~f s-n1 IN. L,ilA-u.i. Go t.si
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Easnsh. .; is.a.a "a. r.as - D. - -,
ier- frarss shss tasssb~ssss..s t.tiA. 81
japan az rsuhly rraaat-~r.slss. 49, w..
tA< nsur-s shos trnt.~~-a.kin r.xafs.. fas
Tho oe.s,sa iaiis VI s.s.I Es,tA.A. .HA Ga
ssat-s
The Londsn Eos.osal-s os F.tssa.r, A.
s5s. pr~-~st~i Tho - L.ssa~ .h--ss - "a
sitEiaS oosntsniss IA Osal.ssn. Inxlsna
shos sns nss ioxsl i0.-- 90 E-g 20 IA e.-st
20 i-e. sith The dA-S,srssrhs infs~astA-s
comparatively. thai .s ,hs .n1 ef l.sa ..sl,
81 th~-s cosnt..nss- hsi sd,sr-- ksi.s.s.
In The ni,s1 -Ss;e. the fr~>ski ch.rr.-
GA sotion frOtn ths c>sioa isssl. 3, tho xp1.t
mills o' The North no. ents- - iaff~iy q.
az irm ia iis~ir aalsBss sbsss a. saa.ls
ihe r~fnosa4 of ths aal4t. - tiss Ilas.- aa
Ifs,tass4ssu s4tl.s sf ssfissis gsstsli- rsa..,.
A<~s and fr-ishi Afe osainssus tssns "a
lie hA!anes ,b.sis ~ tLs ssston Gall. 81
The nii~d ~isis- AN U.r-Ai nrtsis .t.a a..
ih. it-tns sh.ch tbs I,rsisistsi sasins-. ss.n
~ill k~vp oot,sssnily tsfors Litn Ii.rs.
- sctn-shins ~ronr -hrn osstntar.sis. a.
bics .hos results - adsrr-r ~ tie l,.s lssafs
ahd skili 81 The too nAilon, ~hsh has.
hrr-tofcr~ sssaiy novel la the van of "a.
manufacturing pfoEr~>s of ths .usii ILs
r~-uio must - adnittsi ana n }. the t.nos
ino~ 81 the economist 10 nni ths r~als~is.
,rhhHsN .sb LsssH
IL Is her~ that the ,uhl- 90 ss.-- s.soail
r-~ive careful sifsntion and n siloslli n,a
tr forrotfsn that shils The lac oi .gt-,s.r
and demand ~iih r~gari O. csntBs~litls. !.
International u is only na,sonAi sDd afi~u
Irosineisl With rrsrArd ~ lsior. A tssr oi
ootion may have the .anse .A.hsns-aiAs
value in Se~ orirsns. ls.rJ--oi of B..sn
Icy, hut the Isrlue oi a day. ls,-sf la hoI.s
lsy leAr- no rristion IA i4r I-is~ of DAY.
labor In i4ssrJsoi cr N.~ oIi-s,.. AM 40
.dlus,nsni Of th. too oyIo.ins pTiBciI.ls.
can t~ eHecf.~i unl~>s = cargo OF cssplss-
| tr imported ~ easily . oarso of .saion
An Intelligent understanding of n. lnfu
cntial agency 81 the pfic~ 90 lsi-sf in fs.fu
lai,ng the profits 81 manufacturing sasisr
prise may ie hal from this ILLUSTRATION. la
| less the mills of the orl-nt AMI no-.i.i,i
| were uomIeiing Oh .-lual term, aud r.--4s-
ing equal returns. Nov in Tea .srh mill
/ employs the name amount 90 lal-of AZ u .ila
IN lssS. bun the owner - the mall IN N.
| nifed States pays for the lslor la gold nj
the old rsfes. while the owner Of the nall ia
Japan pays for the labor Ina silver nj the old
| rates slso. The Jayane-s mill owner had
In lTN, ~ he did In is1S. from l. 10 - cent
| day for men. aud from 60 u crnis q ,lay
for women. That meant. In iS7s. frofn T.
TO % CENTS an gold day for men and fr,sm
% 10 cents in gold DAY for women
Now, during the greater part Of i-,s o. in
gold has teen about equal 10 e. Of Ja,,an.~~
| silver. which makes it clear that on s0uouui
OF the depreciation of silver alone. without
taking into account the low rate Of standard
wages which prevail In ia. orient the mill
owners Of the United States nov pairing
twice as much for labor as the mill own-r-
OF japan. This may he oiIe reason Why the
cotton mills in Japan showing such
hAnds"me returns. while in the L nii~d
States and Great Britain they ar. oomtara.
lively struggling for eIisirno~ Sa only
Of currency ia which labor In paid in Ga.
Eastern ai.d Western oouDirles apply %
wages, but n Applie> 10 whatever 1, e-s~ntial
10 the sucoesS of agric-lturc and manufsc.
turing enterprise.
The same grade of machinery which a
few years ago gave superiority 10 th. opiion
mills Of the United Staies and Great Britain
is now used in the cotton mills of Japan
and China. and the enterprise thsi tran
planted u 20 those countrie- s~nt with u for
eign skill and ingenuity TO supcrini-nd snd
utiliz~ its capacity.
As to commodities in Great Britain aud
the United States. the average pfioss are the
lowest OF the century, while the average
prices, comparatively, of twenty l-ading
commodities of Chimes production w~r-
nearly the same in shsnghai In les ~ they
were in 1913. and higher degree of pros
. pe1ty in China and Japan has accompanied
this stability in Pricz.
The extracts show that the Asiatic
countries and all silv~r-using coun-
tries are rapidly increasing their cot
ton mills. They also show the whole
some effect Of . stable currency ON
those countries. where . dollar will
buy as much now as IL would twenty
years ago.
Se,t, I hav. the consular report Tor
September, Iss5, and read m entrs.f
from the report Of Consul j. Is. Cor
man, at Matamoras, Mexico:
Mexico il increasing her manufacture in
every branch Of trsaie I,y--ib.e. ~ bsr.fo
fore she has b~~n J.Jssndent on for-ign
countries for her manufactured ,,pufS
The same consular reports show that
, the trade Of Russia IL la Q most pros
J. porous condition. We learn that the
o cotton weaving and spinning mill. of
! Moscow are aying . dividend Of from
3 2j to 80 per cent. Will some gold man
|. !. boast OF spch profits in gold country ;
n The balance Of trade IL In ku.sia's In
yOr, and she has accumulated gold an.
e stead Of exporting IL.
o In this connection ! also send TO the
desk and Ask to have read m inf~rvi ieu y
with Mr.. Ransom, United Stairs min-
= lister to Mexico, clipped from the W ash.
:. inGton Post Of last Monday. January
4 6. Mr.. Ransom, believe, nov claim.
< to be . gold man. Listen 10 what q
4 gold man says about Q silver country
The Secretary read as folIows:
n Ex-senator Ransom. present minister q
n Mexico. who has b~~a in the city for fee
!, iays, leaves for his home IN Nortli Csroiins
70 dsy, but viii lie hack in Washington on
= his return tc Mexico in the oourne of . ues.
!. or ten days. Mr.. Ransom says . Ereaf dea
: Of American capital IL being invested h
!. MEXICO and that o large number Of Amer
n can citizens are engaged Ia busiDes there
|. The best Of feeling prevails betve~n 1sxi
cans and Americans, and Mexico - g-peT
n ally very prosperous-
The Disz sdmipistrati0n has been max
= ing unusual efforts 10 advanos the Rspubli
= = On the high road Of suhseantisi prosperity.
said Nr. Ra1aom. and tbese Efforts hsp
., turned out successfully In every resEsrz
: | With The soyeromeuf Ike the peeueut 4ex
!, ico hiss Q great future bsfore her. conmes
- cisl relations between the I nifoi States IN.
!. Mexico are expanding on q constantly Mid
,s eninx basis. and the increase in oomm~rcr
= large that IL ID utterly irnpo--ibie for an.
= one to make IN estimate OF what IL viii b
= In the future"
ID Mr.. BcrLEk lt 10 hard 10 aay b0v
- much Of that kind of evidence Il vii
., take to convince Mr.. Ransom that b