The Rise of Cotton Mills in the South — John Stuart Mill — John Shaqi
The Rise of Cotton Mills in the South
John Stuart Mill · en
It has not always been the machinery manufacturers alone or together with
the commission houses who facilitated the installation of more looms and
spindles. Sometimes the ends aimed at by the commission merchants could be
accomplished only through machinery, and they have been willing to
undertake the financing of the enlargements or alterations in plant
singly. The so-called Plaid Trust was sought to be formed; it was to
handle the plaids of all the Southern mills, and was to be a New Jersey
corporation. The plan did not carry, and the Cone Export and Commission
Company went into the Southern field to handle the products of the mills
generally. The older sheetings and plaids had been sold largely in the
South, or almost so; the commission firm, to supply a larger trade, found
it must re-organize the product of its client mills. It was attempted to
persuade a mill at Durham, North Carolina to increase its denim output,
but this was not done. In order to provide canton flannel, a new goods for
the South, the commission house induced some interests to establish a mill
at Greensboro, North Carolina. This prospered, and the house itself built
a denim mill at the same place. All this time the mills were being urged
to diversify their product, and the commission firm was financing them in
the machinery changes which frequently had to be made. The client mills
served were slow in establishing, as the commission firm urged them to do,
individual finishing plants, and until this growth came about, the
Southern Finishing Mills, founded by the Cones at Greensboro, served them;
it was discontinued as a finishing plant when the mills had their own
finishing works, which they presently built and operated
successfully.[337]