The commonwealth. (Greenwood, Miss.) 1896-1923, 1899-01-27
Will a Cotton RMS
i4g Profitable.
Every Plaster In L.efsore ;OGxsity
ShOnldN axe Srock-Water.A nd
Fuel Ca be Had at Littles1,x.
pense@ Meeting Naaesssyy

No doubt aakny who reafl the hGzst
two head lines of this article will laugh
at the idea, kEt this same person ii 8
bound TO admit,it is this or aome such
similar enterprise that will and in kho
Development of ,our little city, and at
the same time bsGeit our surrounding
eouatry.
Mere is no investment which hal
paid better than the cotton fae.tOryl
Ten gears ago a yaang dry good clerk.l
withaat experience, near Charlotte,
took the cotton factory fever: his
friend backed him in a $3.50 900 mill,
which was erected in the woods. To.
day the place is known a. Henrietta,
with a population Of 900 and is an up
to date city. A few years later a sur
plus earnings OF the mill, 800. 600, over
10 per cent. annual dividend was added
to the capital stock and q second mill
"a built, or rather grew out Of
side of first mill, and that together, in
a short time, by skill and management,
a third mill WIS erected. larger than
the other two combined. standins
where, but q few years before, stood
the monarchs Of the forest. These
three mills at Henrietta, while only re-
corded as one factory and one manage
nent. control and ownership. has now
in operation 50, 900 spindles, TAG looms
194 carders, whose stock is valued at
$00O. 900. The factory consumer yearls
about 20, 900 bales Of cotton sud work.
about 1900 operators. Tho products q
these mills are shsetiny aud No.
yarns. This I give 70 show what can
b. done with push md epsrlS' anu
again the earning. ''ocAaO'ue1s'
.-..--.ed to build . cotton mill
-<Sxill use from five to six thousand
bales Of cotton annually, the size
Greenwood should have, will cost up.
wards Of $1OO, wv, and this will give
work to three or four hundred people.
Now there Is no question but what ii
our ,e%nterprising men would get toyeth-
81 they could raise the money here in
our town and among the planters of
tne country, hut say they lacked some,
there are plenty of men in the state
with capitol who would be glad to. have
the opportunity of putting their money
into as pay ing An investment as ACCT
ton mill i'll Greenwood. For rightly
managed it wouldin years give III line
account Of itself rs the Henrietta
Mill. Of South Carolina. ALI the hall
necds u y start and now III the time TO
stsTt il, no ~ to have it ready for the.l
years crop. Tbs money is hsrs
And II IL %toolishness to say it is not. IfR
q shares in 1t were put down to 500.
slu such men ii Hsndsrson, Marye,
Wilson, Jones, Frazier and
others would NJ into it they would lind
that many . plsatter Of the county and
Of our town would 10 down in
fheir vest pockets and bring out enough
tor one or more shsrss.
In both North aud South Carolina,
towns. not ons-ibird The size of Green
wood, have one Dr. mors factories. For
xampls-Dsvids0n, i, G., population
NY, has two mills. one with ii capital
$4,000, and the other S35, 900; PING
nile with y population Of 3U6, has a
bvV,W factory; Rock Hill. q place of
'.7W people. size OF Greenwood has
Jour cotton mills, two organized ia '95,
'ne with 500, 600 capital, and the other
Tith $500. 200, and the third in '0S. with
I75o, oO0, and the fourth is small. Now,
! places this size can have them why
we.
Il is claimed that Lo4''siana stapls,
which II no. better than Mississippi
taple. but both superior to the Csroli
staple, sells VI home at M average
! Ito csnts less per found tLan the
Worth Csrolina stapi. sells Tor in
'harlotte. This amounts to about "a. 70
'er bale more than the farmer gets in
lhslnippi Take It On The G.OW bales
hat Gresnwcod could wosk up on !
ieo,00e tnysstupest and Il win amount