140 
MAXUFACTUBE OF COTTON. 
The macliinery, if all purchased in one year, would cost 
about 150,000,000. This is the only debt of importance 
necessary to be made, and its payment can be extended 
into ten instalments of $5,000,000 each, interest added. 
The difference in the income of cotton growers when they 
become spinners is so great that this debt would never be 
felt. The 1,700,000 bales intended for the cotton-field 
spindles, now yields an income of $40,000,000 at six cents. 
The same cotton spun up, by the creation of the above 
debt, by these iron muscles, will give the same growers an 
income of $120,000,000, less the cost of spinning and 
weaving, which would give an increase of net gain per an- 
num nearly equal to the cost of the machinery. 
One mode here suggested is, for planters, provision 
growers, and mechanics of all the cotton States to send in 
petitions for manufacturing companies to be chartered, upon 
application to the Legislatures of their respective States ; 
and also to pass an act for a general charter for all persons 
who may associate together for manufacturing purposes, so 
as to avoid partnerships, and limit the liability of stock- 
holders to the loss of their subscriptions as stock 
Spinning may be commenced with any number of 
spindles, with or without looms. There is an extensive 
demand for cotton yams, and thread is a salable manufac- 
ture. The mills at LowbII average about 6,000 spindles 
for each building. There is one, however, at Salem, con- 
taining 30,000 spindles, the largest in the world under one 
roof. The size of buildings, then, will depend upon the 
quantity of machinery intended to be worked. A mill for 
2,500 or 3,000 spindles, for coarse goods, will require, 
perhaps, three rooms, twenty-five by sixty feet long ; and 
a plan suitable for the cotton-field system, which will be in 
the country, and where land costs nothing, and manageable 
