Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1922-03-10
WATER POWER DEVELOPMENT
Great Progress In North and South
Carolina.
BOTH STATES MAKING fine HEADWAY
North Carolina Industries Are Largest
In Volume; But South Carolina is
Growing at a Rapid Rate.

Growing at Rapid Rate.
Charlotte Observer, Wednesday.
Only about one third of North Caro-
lina's potential hydro electric poweI
has been developed and the state need!
and will require the development Of th'
other two thirds or larger portion Of
it within the next few years, if the
commonwealth is to take and main
tain her place in the sisterhood oi
states in point Of industrial progress
and development.
This was the declaration reiterated
and. emphasized in shop talk" yes
terday before Charlotte Rotary club by
Rotarian John w. Fox, who is the man
who negotiates all contracts made by
the Southern Powers company for the
sale Of electric power. In his talk Mr.
Fox presented a great mass of facts
and figures showing the magnitude of
the Industrial and water-power devel-
opment of the state of North Carolina
and South Carolina. Much of the in
formation he presented was in the ma
ture of a revelation to the Rotarians
and to the public generally.
Mr.. Fox pointed out that the poten-
tial water power Of North Carolina is
1,090,0 600 horse power, Of which $780,
900 horse power has been developed,
leaving approximately 100000 horse
power yet possible of development. The
state has developed SO per cent of its
potential water power, and has nearly
nine per cent. of the potential water
power east of the Mississippi river.
He pointed out also that South Caro-
lima has a potential water power
development of 100000 Horse power, Of
which $4,000 horse power has actually
been developed, or 46 per cent of the
states potential development. South
Carolina has seven per cent. of the po-
tential water power east Of the Miss
issippi.
Mr.. Fox presented figures to show
that the capital invested in all indus
tries commonly known as factories In
North Carolina, eliminating railroads,
farms, ETC., amounts to a total of 1884,
00O, 900. The annual value Of the states
manufactured products he placed at
$75s, ,0e0, ,000 &.
South Carolina has $252, 100000 in
vested in manufacturing industries,
and the annual value Of the products Of
these industries amounts to $234,000,-
900.
"Big Three" Industries.
In North Carolina the "big three" In
dustries, according to Mr.. Fox, are
furniture, hosiery and cotton mills, the
latter representing an invested capt.
tai of s166, 900, 900, with an annual out
put of s237,OOO,OO0.
In South Carolina the "big three in
dustries are fertilizer, cotton seed oil
and cotton mills, the latter represent
ing an investment of $145, 100000 with
an annual output of $159, 100000.
In North Carolina the textile indus
tries represent only III per cent. of
the total amount Of capital invested in
manufacturing plants and in South
Carolina the textile industries represent
GO per cent. Of the total capital invest
ed in manufacturing, according to Mr..
Fox's figures, which, he pointed out,
may have direct bearing on the fact
that during the recent period Of indus
trial and business depression piedmont
North Carolina has not suffered as has
South Carolina and other states, the
reason being that North Cardinals in
dustries are far more diversified so that
when one industry is hard hit" other
industries may be fairly prosperous
Mr.. Fox Is known to be staunch ad-
vocate Of diversified industry just as
the modern idea realizes the necessity
for diversified agriculture.
Diversified Industries.
He pointed out that at present 70 per
cent. of the industrial life of South
Carolina is dependent upon the textile
industry while in North Carolina II per
cent. of the industrial life Of the state
| is dependent upon this single industry.
He mentioned the great furniture and
tobacco manufacturing industries Of
North Carolina and pointed out that
| one fourth of the total leaf tobacco
crop of the United States is manufac-
tured in North Carolina.
Mr.. Fox pointed out that while North
Cardinals water power development
amounts to 100000 horse power the
industries of the state at present re-
ouire a total of 516,73S horse power
while South Carolina industries require
but 100000 horse power of the 350,O0o
horse power already developed. Here
Mr. Fox emphasized the point that the
Southern Power company develops
elsewhere and brings into North Caro-
lima 70 per cent. more power than it
takes out of the state.
Mr. Fox presented the following
figures on the big three" manufactur-
ing Industries in the two Carolinas,
capital invested and annual output:
North Carolina furniture in
VeStment ..S IT, f,iSO,Vou
North Carolina furniture
output ................ ............. $4,000, 900
North Carolina hosiery in
vestment .............. ............- 31,145, 900
North Carolina hosiery out
put ....... ...................... -. $4,000 900
1inn m