The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1899-02-04
WHY 1or,

recently at Shreveport, La, Mr..
II. H. Hargrove read an able
paper on cotton factories in the
S )uth.
Without entering into the many
details of this all important subject
and showing what other towns
have done and reaped, we would
like, however. to present to our
readers part of Mr.. Hargrove's
paper relating "how to build cotton
factories.
Mr.. Hargrove relates the en-
perience of Mr.. d. A. Tomkies, a
great cotton mill promoter, a stock
holder in twenty cotton factories
and Editor of the Charlotte Daily
Observer IN. c..
Every average town in the south of
5000 population and upwards has with
in itself and in its immediate neighbor-
h,od everything necessary for the con.
struction of cotton factory. Most
commonly there is the clay necessary
to make bricks. If, by chance, there
is no good brick clay, the chances are
that good building stone is available.
There is few places in the south where
excellent timber does not grow in the
immediate neighborl,ood. There are
few places where there isnOt more idle
labor than is necessary to build FAC
tory; not only to build the factory, but
to make the bricks. cut the timber, cav
it into lumber, haul the timber, unload
the machinery and do far the g.eater
part of the work of building factory.
For any average southern town TO
have cotton factory of its own, 1t IS
simply necessary TO devise some plan
by which the available materials, that
are in almost all cases ut hand, can be
brought into the right shape by the l.
die, but in many cases willing. labor
that is also at hand.
The best plan for doing thi'. where
accumulated capital is scant. is un-
doubtedly that Of systematic faving.
u1u e;..;on - M fo. ,ha nnrnose
of building homes, so it may be accu-
n,ulated by weekly paymeots for the
FIJI R% ~" :" "a - No sen.e .nenulatiye or
~....;,,..,.l On,to number os
eAHt'Y a., s',;,. ,naar mv d;rec.
.'' m:yI .':.,. ~ ,..,,ow .ocnmul.tad hv
'.on WI" ,,,"n,hly y ,svmen,s Sever
T0sny 80 " n..n,snt have heen tried
~ ls. n" :. p'
r;.., :. OK cont. nor share rer week
:. ..".';.as ] ~ ~ hon, a;obt wears 10 nav the
~ L s.,oL - ~ vaine Second at so
! ean.s 0 - NOR share ner week it requires u
49,. Four vea rs ~ nav the stock 10 par
% vsi"e. rIirl, at si.OO per share per
-soks i. reon;rea about two wears TO nav
s.,er - rar value
E xnv rfsr cn;cker than this would
- @ @a:,;a.isnt of what i ;s usuallv con-
~ .:as.rd .q.sa . ceab nlsn
Tha s;oL, wear ulan 81 o. cents per
49,. 0 wns,id :eem - reon;re too lonr =
tiae Of ,,avmeNtS vet IL was tried in
~ ..sa md Il was entirely successful
e .s Ill q, .h;ch wss hn;lt H.;no now =
..,s ..".,d a. d;y;asnd. nsviny prooertv and
-. s of debt. as far as l know. But
I .;nht ve.,a of navnents becomes very
.;sss.,:ne
The man Of so cents per share pei
h I 80. ss - he the he's. for mosl
.sss. - 'Th;s reouires four vears to com.
~ .sis.s Tia rarmenta OF course. .
o ino.s.v lima wn,id he be,t4r. and III.
sn"s'e' ".De '.",,,d ~ 10 ha,sar s,;ii Tn.
n,r,,ose of what / saw here Is, however
nresent : plan that is practicabl.
shsr.. the ready money il not svaila
Me-. nisn suite to 4 town Of 1000 /,
1000 people i average moderat,
means. uvvu