The Canton times., 1902-04-25

A L
Dggustrial Dg 'Hr conditions sd q dns the con on-
'st states of the union tne et,,re un. % and
Ing s'a' ;ndustries of the state OF
;ssippi contains m muen sa,. the the people
rma1lon' hnt throughout the en-
south. 4ha tables
not notice 4 the wonderful lncreasn I.ata during ,p
a.t tsten place in this stare par' w. =
taAe4 4op Years in the number q
Featuring ds' establishments !. ~ y ,ne ras
ula'l alt If + capital invested in the vae e.
ouas !sdnstries and in the NUMBER q
inu ners the fact at once makes
t h ca annarent that at least this sta!e e
y p,rened apf from the lethargy an
MT ~ business body hadpracticai-
" ", q since the beginning Of the re-
nan ,a,a The revival shows every sign
hs;no ,'yr genuine and at the present
j of increase Deloi =
L. o,l around. Mississippi bids falr
~, amono the foremost Of produc-
st,tes of the south.
n. must remember in TINS conhec
] that Mississippi is properly an
.;onltnral state and possesses lew
M ~ natural advantages which los
manufacture. 1t possesses no I'M
TAM harbor, little waterpower and
mineral resources, although hay
cotton lands of inexhaustible Ter
m and extensive forests OF pine and
brd wood.
u;ssissippi's industrial history dates
Il q the early years Of the century.
mOnu the manufacturing establish
ents reported at the census OF 1919
srp % cotton factories, ten tanneries
N six distilleries. There was q
saav increase until the opening OF
Chic..asaw cession to settlement
1ss2 when a period of gigantic spec
tion terminated in the financial
nic Of 1897. But this is straylng
IN the subject; it may be stated,
oupb that it was not until 1860 that
4 state had entirely recovered from
pse speculative influences. The in
Istrial stagnation throughout the
uth during the next 20 years is we'll
uown This brings us to the year
80, and during the following decade
e industrial development OF the
ate may properly be said to have be-
|ln and the last census shows with
hat energy the people have contin-
Ia the work.
in the year 1890, there were 1,69s
3anufacturing establishments in the
ate. with an invested capital Of $14,-
Ab6SS4, employing on an average H.
Ass wage earners. being IL per cent.
of the total population Of the state
At that time. The statistics for the
lar 1900 show that the number of es-
blishments had increased to 4,772'
increase of 1.S1 per cent, with an
ested capital of 5,s07,41 an in
Esease Of 140.4 per cent. and employ
Ing wage earners to the number OF
2s41S, an increase of S2.6 per cent.
II per cent. of the population. In
these figures the reader
should remember that the figures fo1
1880 show a substantial improvement
nver those of 1880; by doing so better
Idea of the development that has taker
place may be had. The figures of in
rested capital does not include the
Eapital stock of any of the corpora
|lpns of the state.
An interesting fact that these fig
les bring out is the evident genera
htroduction of labor saving machin
ary in the various factories, for while
Ehe number of establishments had in
creased but 1913 per cent. between the
7ears 1880 and 1890, the number o.
wage earners had increased 1882 pei
'ent. The figures of the last censu:
'how material change, the increas'
n establishments being over $50 pc
'ent., almost trebled. while the mum
'er of employees had less than doubled
The value of the products turned
ut by the shops and factories of thu
tate in 1900 is returned at $40, ,431,
S6, to produce which involved an out
az of Sl0,115,T61 for salaries, wage
nd miscellaneous expenses; the cos
" materials was $21, ,692 ,092. 1t mus
lot be assumed, however, that the diff
erence between the aggregate o
nese sums and the value of the prod
ets is Indicative of the profits to tn
during the census year
; the census schedule takes no cog
lzanee of the cost of selling manufac
ured articles and other expenses an
atural losses, and is simply the gros
alue fixed at the factory, and not tn
let or f1-fra xo1,,n