The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-02-19

,,sAlst.s Naturally Result from
Operation Of q WILL
Inns or A COOPERATIVE PLANT
80. A. q Savings Institu-
Vet Earnings Are Said
10 BE Large.

- In the uist piaSc 40 an IN
n ,or capital I showed the average
,hsse factories were making
49, Georgia and the carolinas to
!, cent a year. next showed the
y. hat would accrue to the cot
...s,r, inasmuch as he would not
|. I'D and bale the product, as the
-.rA take 1t in the lint. next
i sox 1t would benefit the poorer
II opening up to them avenues
,..lovuent hitherto unknown. On
ass,. 4 penny whistle organ thought
VA me to task, by stating l only
1, IA skin the back of labor" aud
atr foolishness Of like character.
,srybody knows have no thoughts
49,, Al that kind. On the contrary,
!. ,.usht labor to be Independent and
aiming In all my "Arcadian Let
MI the price OF labor Is certainly
y oreroature subject in the cotton
y susstion; will therefore dismiss
IN take up frst the advantages of CO.
,dyt cotton factories as savings In
rsns ! will suppose a case first Of
Aborlng farmer. He grows early
rrhss. fruits, etc., for the market. He
addition, occasionally calf for
ma bunch ot hogs, fed and fattened |
\, surplus His wife and family look
M poultry. ETC.. and doing all this |
MIA fair living. The factory is |
VA and states it will take twenty-five |
IN worth Of lint cotton for share Of |
Now this farmer. after clearing |
as Early vegetables, can grow some |
a aT succession, and sell the factory |
worth year for ten years, and what
N rot! Why! IL the profits keep at
PRESENT rate. and there is no reason
asf ksssnlng, he has, by making the
kr bis savings bank, become the own
h he end Of the ten years Of S957. % |
"a d factory stock, then worth also |
Eiiy considerable premium.
vim give another illustration OF CO.
,tlye work. For example. the fore
Il a department--hls salary is 500
LTD. He draws half and saves in the
IsT The other half, and at the end of
Y,irs he ownes 792 shares, worth at
nsSeO. That's just the way New
kiM got rich. That's Just the way
workman becomes the mill owner.
sih to state right here that the Amer
Ncple are going to spin up all the
ntsr cotton before many years to
y That even this year South Carolina
ilI second to Massachusetts,. and that
20 the present year the completion
rlls now under construction will make |
tnt In the number of spindles, In
assumption OF the raw material, and !
% fslume and value Of output. In |
AZ year 800 new cotton factories have !
elrcted at various centers OF popu-
b the various States, and the wages
% factory hands in the South last
mounted TO $3.50, 900. In North |
rlts an equal condition exists. Its
~ ID manufacturing enterprises of all
most extraordinary and yet this !
slI tte beginning. The Loray mills
dsonia were being organized with a |
stock of S1,000.000 when George |
asked that il be made $500, 900 and |
be and another member Of his |
iaa,p0O,
W give one other illustration of CO.
sNe enterprise and have finished.
nlnsmsn says. well, I will take |
.aAand dollars worth OF stock in that
ana leave 1t there to accumulate |
y iamily." At the end of ten years
naE owns in the factory $e313.15. !
~ ny life for $4,000 payable at 81
age and when I became so years |
" ue insurance policy was not worth |
Wv the money had disappeared into |
a ibis factory business. is more |
au.l; anyway it is bricks, mortar
machinery.
ny now give some reasons why I |
we net earnings of a spinning mill |
Y. eily would annually be % per cent: |
.sscan machinery Is now SO absolute.
1870. next, the raw material is so
cneap and convenient, and
" cotton factory industry is now
ssa. wave OF prosperity. The Amer
rups are pushing their exports In an
eIea,ea manner into all parts OF the
sEe the following from the Lon
The secretary of the i'm
Ntime customs announces that |
N. cotton fabrics are generally |
M oIalsn fabrics from the Chinese |
mats the business.
s,,s. .@s people say, is not your fuel |
h ~. IN answer to this our factories |
Al. s slme have been principally run
\, n PINE corl wood on basis OF |
49,, 800 a cord. We can continue on |
,ss NJ ilaeinitely. The price would |
s ~ as the length of hauling in
~, u II Is found more desirable to
Es,,.a We can have good factory coal |
~ nare from Alabama at $500 per
MAN = soon as the shallow places in !
M ~ are cut out. II it is found ad- /
n ,lrs.nse crude kerosene, assurances
NJ X oeen given that pipe line
= f,r established here to deliver the |
|9,, - manufacturing purposes at about |
Y. y, gallon. The manufacture Of |
n NJ from Texas lignites. which |
Ais ueliyered here at $1.00 per ton,
N, = .ruae kerosene would, IL this |
ks,rs, iuei should be adopted by manu-
|a,is, u, immediately 90 into operation.
BIZ Wis more thoroughly understood, |
hsap'ain that Texas hgnites have |
)e,rs.. 700 light and chaffy for man |
"a israu use but after saturation with |
~ ths,n and then COMPRISING into
4 us,s,, pecome first class fuel. The |
N .e,ses or formation OF ccal In |
n sss s the State dlagonalIy from
|l,rIsa y Cherokee counties on the east
n, !. ,ass on the west, and are only
s,.,. yet by tho out groupings, where
4 ,sra, nave cut through them, as 10
"a ,sy on the Trinity, as near CAL
|o:assass braEos. and near Bastrop on
lcnnsso' and near Eagle Pass on the
Nj ss The oil from those measures
way into the assures and peck
Hai' Earth. to reappear where I'M
Nil ror example. the pressure from
IA so 80 great that at Sour Lake 10
Ssnty the oil gushes to the SUR
\ III some sections natural gas ex-
rs sas IS forced out by the pres
d. sal- A few miles from Hous
d n1asarai gas Is streaming forth.
h ri. needs Is to be yoked to har-
pa "a. eNiis to memory the day when
h ~ MAS harnesssd at Indianapolis.
|spst sssiye months from that day fifty
|;<sp,s stories had been built and e5,-
n II nad been added to the popu-
h VI may therefore be said that
iiesf. Pine cord wood. coal, kerosene
H aud possibly deeper down