Summary

Broadus Mitchell The Rise of Cotton Mills in the South

The South should depend upon its own virtue, its own brain, its own energy, attend to its own business, make money, build up its waste places, and thus force upon the North that recognition of our worth and dignity of character to which that people will always be blind unless they can see it through the medium of material, industrial and intellectual strength. We may proclaim political theories, but it is the more potent and powerful argument of the mighty dollar that secures an audience there, and the sooner we realize it the better for us.
Source: Gutenberg

Broadus Mitchell The Rise of Cotton Mills in the South

There is a far higher remuneration than has ever been given by cotton yet in store for the laborer, the manufacturer, the South and the entire country. In the midst of the cotton plantations themselves there is a career for manufacturing development such as the world has not yet seen. With coal, iron and timber in perfection and inexhaustible, and water power everywhere, by what rule of political economy should the Southern people send their cotton, at an expense always deducted from its price, to distant sections and foreign countries to be spun and woven?
Source: Gutenberg

Broadus Mitchell The Rise of Cotton Mills in the South

The practice of operating by associated capital gives a wonderful stimulus to enterprise, and where such investments are fashionable, no undertaking is too great to be consummated. Why is it that the Bostonians are able in a day, or a week, to raise millions at one stroke, to purchase the land on both sides of a river, for miles, to secure a great water power and the erection of a manufacturing city?... The divine, lawyer, doctor, schoolmaster, guardian, widow, farmer, merchant, mechanic, common labourer, in fact, the whole community is made tributary to these great enterprises.
Source: Gutenberg

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