The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1905-08-02

manufactured into 4 good grade oj
handkerchief that would sell for :
quarter. At the factory the cotton Is
first run through combs and about
l25 pounds combed out, making short
staple worth about eight cents, and
leaving 3l5 pounds of cotton suitable
for manufacturing. Eight of these
handkerchiefs would weigh q pound
and if sold at 25 cents q piece, this cot
ton in it's manufactured, state would be
bringing 50. a round, or the31 pound;
would sell i3r $3.50. Even after deduct
inc for the cost OF transportation, man
ufacture, ETC.. it is easy TO see how
nreas is the margin. The profit IS q:
GREAT in proportion with the mills II
this country making the lower grade
of yarns.
Two-thirds OF the III, 100000 spindle:
OF the world are in Manchester ano
Leeds. We have Il monopoly OF pro
duction. but the price has been tixeC
for US in Liverpool, and Europe con
trolls the cotton goods trade. Iced:
and Manchester could close their mill:
tomorrow. and cotton would go begging
in the streets for five cents the pound
With all our boastcd increase in spin
dies. Germany, France and even Swift
zerland. lead the United States in the
export cotton goods trade. The prob
LEM for the American cotton industry
now is for the cotton planter and the
manufacturer to work together, moi
only to hold the monopoly in the pro
duction of raw cotton, but also to builC
up II complete monopoly in the mann
factured article.
EUROPE'S ADVANTAGES.
There are several reasons why the
foreigner can pay freight across the
ocean twice and then come here ano
undersell US in spite of tariff duties
one of which is that Europe has the
almost complete monopoly of the ocean
carrying trade. Another is that Eng
lish mills have the advantage OF long
experience, and the services OF genera
tions of textile bred" operatives
Some attribute it to the high tariff or
textile machinery. but there is u ques
tioD with me as to whether this ad
vantage is not fully offset by the duties
which make possible the constant eN
pansion OF the home market. My OWL
opinion is that much is attributable tc
to proverbiai American wastefulness
\ yarn mill ia the South pays com
mission Of five per cent for selling lts
output, while the English manufact
urer pays only one and one-half pei
cent. Mr.. McLaurin believed that the
commissions paid the middle mer
amounted to as much us the dividend:
on the hundreds of millions invested ir
. the South in cotton mills.
The greatest evil to be contendec
with is speculation. not over production
Cotton must have stable value.
The labor question is as q clouc
hanging over our people. The white
labor has gone to the factories and the
colored labor is becoming more ano
more inefficient. There is but one place
in this country for the negro, and thai
is the place OF the laborer. When Coz
grcss attempted to place the RESPONSE
bility for the assassination of Lincoln
upon the whole South, the seeds O
great evil were sown, and the false
ideals and standards then set. are re
sponsible for the unspeakable and un,
explainable crimes of today. Mr.. Nc
Laurin spoke strongly in advocacy o
immigration, and warmly commended
the work which is being done by Com
missioner Watson. He also discussed
the Chinese Exclusion Act, aud the
boycott Of American goods by tha
country at length.