History of the United States of America, Volume 5 (of 9) : $b During the first administration of James Madison — John Shaqi
History of the United States of America, Volume 5 (of 9) : $b During the first administration of James MadisonAdams, Henry
History
History of the United States of America, Volume 5 (of 9) : $b During the first administration of James Madison
Adams, Henry
United States -- History -- 1801-1809; United States -- History -- 1809-1817
The embargo and non-importation Acts went into effect in the last
days of 1807. Within less than two years the number of spindles was
increased, or arrangements were made for increasing it, from eight
thousand to eighty thousand.[12] Nearly four million dollars of capital
were invested in mills, and four thousand persons were in their employ,
or expected soon to be employed in them. The cotton cost about twenty
cents a pound; the yarn sold on an average at about $1.12½ a pound.
Besides these mills, which were worked mostly by water but partly by
horsepower, the domestic manufacture of cotton and linen supplied
a much larger part of the market. Two thirds of the clothing and
house-linen used in the United States outside of the cities was made in
farm-houses, and nearly every farmer in New England sold some portion
of the stock woven every year by the women of his household. Much of
this coarse but strong flaxen material, sold at about fifteen or
twenty cents a yard by the spinner, was sent to the Southern
States.[13]
While the cotton and linen industries of the North became profitable,
the manufactures of wool lagged little behind. William Whittemore,
who owned the patent for a machine which manufactured wool and cotton
cards, reported from Cambridge in Massachusetts, Nov. 24, 1809, that
only the want of card-wire prevented him from using all his machines
to the full extent of their power.[14] “Since the obstructions to
our foreign trade, the manufactures of our country have increased
astonishingly,” he wrote. “The demand for wool and cotton cards
the present season has been twice as great as it has been any year
preceding.” Scarcity of good wool checked the growth of this industry,
and the demand soon roused a mania among farmers for improving the
breed of sheep. Between one hundred and three hundred per cent of
profit attended all these industries, and little or no capital was
required.
Public-domain text, read in full here on John Shaqi.
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