introduce the business with us...." He showed the perpetuity of the corporate form by instancing one South Carolina cotton factory operated by a joint stock company; "... there is but one of the original proprietors living, yet the factory is still going on prosperously, producing as good results as it ever has done ...", and this mill he contrasted with the venture of an individual which was prosperous until his death, when the legatees, not able to carry on the manufacture, forced the sale of the property at half its value. (Gregg, An Enquiry into the Propriety of Granting Charters of Incorporation for Manufacturing and Other Purposes, in South Carolina, pp. 4-11.) [115] Clark, in South in Building of Nation, Vol. V, pp. 314-315. [116] Olmsted, Seaboard Slave States, p. 361. [117] Ibid., pp. 358-359. [118] Ingle, Southern Side Lights, p. 32 ff. "There were 101 persons in the jails of Georgia on June 1, 1860; Virginia had 189; Massachusetts, 1161 and Illinois, 489. In the open life of the South and West, where men could easily get to the land, there was little crime and jails were often empty; in the industrial belt the prisons were always occupied. In like manner and for the same reasons Southern and Western hospitals for the insane and homes for the poor often showed very small percentages of these unfortunates." (William E. Dodd, Expansion and Conflict, p. 231.) Cf. the map on p. 188, showing the industrial belt of 1860 to extend along the Atlantic Seaboard from New Hampshire to the head of Chesapeake Bay, covering the coastal States, with scattering development indicated to the westward. The territory south of Maryland shows a few plants of an output of $250,000. [119] Upon this whole matter, see Scherer, p. 179 ff. "In 1816, when Webster opposed protection, there was a capital of only about $52,000,000 invested in textile manufacture, of which much still lay in the South. In 1828, when he reversed his position, this capital had probably doubled, and had become localized in and about New England." (Ibid., p. 181.) Cf. Ibid., p. 234.