New-York tribune., 1901-02-25
WILLS IN SOUTH CAROLINA.
.,-rry MANUFACTURING STATE OF THE
SOUTH - PEOPLE FIGURING
IL MILLIONS.

-,r-,his : G Feb 20 (SDeciaD Some conser,-a
- Dersons expressed the fear more than a year
= rhst South Carolina might be OVERRIDING" the
.,n manufacturing business. The progress
,,7t direction made IN ls9s was considered re-
,tsbe while that Of the succeeding wear far
H-.ssea the hopes OF the most enthusiastic advo
.,ss OF manufacturing. The people of this hereto
,s strictly agricultural State and with that ae-i-
5,ure IN a small scale, are being educated to
s-,re in millions Since the Civil War certainly
,Aey have had nothing TO do with enterprises IN
hich s. 600 900 was employed. Only the railroads
,ning through the State had such great canital
,s the money for their building could come from
.owbere save the wealthy North. On this money
come Of the counties and townships were pleased
n nav Interest.
But the idea OF South Carolinans investing mill
,ons In manufacturing or anything else would Ave
.,rs ago have been considered chiuerica1 We,
q, the year just closed the cotton mill building
,s calculated by the millions. where two years ago
a was figured by the fifty thousand. Two Of the
,hjrty-one mills built in the last year employ as
much capital as all those constructed in lSsS The
addition 70 the canitaI of one mill in 1900 REQUIRED
ere and = bali times The investment in the six
mills built two years aso.
Pecause the policy has been 10 build large mills
IN this State while in North Carolina and Georgia
much smaller ones are constructed. erroneous re-
rorts have been made ny usually well Informed
textile authorities as 10 the relative position Of
more mills in Aorth Carolina. this State is so far
ahead in capital invested looms. spindles and on
eratves THAI there is no danger of her title Of
Queen Manufacturing State Of the South being
taken from her for many years to come
Charters we're granted 10 thirty-one news mills
in 1900 with aggregate capital Of 81 $4,000 The
capital 81 tTenty-cne of those mills ranged from
gNGo 500 015 fourteen OF them being Saeo 900 and
upward. In the year fourteen established mills
Increased their capitalize increase running from
5000 10 SSo@o and the aggregate being 50 945 Oel-
making the total investment in mills the last year
E950N. In 1seS there were six mills chartered
with Q total capital OF $4,000; in 1929 the number
chartered eleven. with sS2750 600 This included
the Olympia 81 Columbia. with 81 800 600 capital
Twelve mills with a combined capital of 81 l95 900
we're commissioned in 1900 but have not Vet applied
for charters number OF them viii begin build
To sum up the cotton manufacturing situation:
IN the last twe0rv-four months fOrty-rwO new mills
have been chartered and thirty have been enlarged
rsa,sp Se @ dni tban T Is IN
pTises chartered by the State in the preceding
ffeen wears No other state i'm the Union has snch
q record. The achievements the last year assure
isa and taking her place next TO the Bay state in
is notable that both in 1899 and 1900 the increase
the capital OF established mills was large. They
were in almost every instance made TO build add-
tons or entirely new mills adjoining the old
last year. one was for $500}3. another for s70ee0.
the ether twelve for si600n o more. The most
notable increase was in the Lancaster mill. which
had capital Of Sl500ao and increased IL 10 81 O00
tA9 The extensions made TO almost all old mills
out OF the surplus. No additional stock Is issued
and the stockhod RS pay out nothing. While out
side capital IS largely invested in South Carolina
mills il is not now the necessity to starting
enterprise that il few years ago. nor is II
hard 10 get. The natives much more largely
interested in mills recently built and chartered than
they in the older enterprises.
The unusual number Of big structures, requiring
great numbers Of brick and quantities OF lumber. has
created a brick famine. The kilns are working TO
their fun capacities and lumber mills have been
rushed: Yet 'he building Of mills has been delayed
for lack Of material and the construction of many
smallsr buildings has been postponed.
Despite the fact that cotton has advanced and
The manufacturers Of some classes OF coarse goods
made for the China trade. have had some difficulty
In disposing of their stocks. the year has been
Prosperous one. Not many mills were affected by
the war in China. Those having TO machinery OF
finer grade are preparing install II, and the
that attention viii be paid
e finer goods than heretofore.
Tespte the formation OF labor unions and the
agitation by labor union officials from the North
there has heen trouble IN only two mills. In both
instances the strikes failed In several mills warn
ing was given that operatives who Joined the union
would be DISCHARGED and that threat was carried
oIt Only one mill closed by strike. and that
lasted only q feW days. II was because OF the
refusal OF the mill mana cement 10 discharge non
union woman weaver.