The Wateree messenger. (Camden, S.C.) 1884-1942, May 21, 1929, Image 5
Cotton Mill Earnings-Who Gets Them?
HE tremendous importance of the cotton manufacturing industry to South Carolina is unquestioned.
Here is an industry which furnishes direct support to a fifth of the state's white population, and in
direct support to many more of her citizens; an industry whose finished products are worth three times
the cotton crop and almost twice as much as all the crops her farmers grow. Such an industry must
exercise a profound influence on the economic and social life of any commonwealth in wlhich it exists.
What then of the thousands of men and women whose investments make that industry possible? Are
they receiving the profits which the importance of their industry would seem to warrant?
T'ne plain truth is that cotton manufacture is not the profitable enterprise that some believe it to be.
Earnings are dependent to a large extent on conditions beyond the control of the management or stockholders,
and are not in keeping with the risk involved. Violent fluctuations in cotton prices, unstable markets for cloth,
frequent style changes, and economic depressions all operate to make profits uncertain and management diffi
cult
Net returns on actual invested capital in South Carolina mills during the past two years have averaged
little more than 5 per cent. In some recent years there were no profits, and if the abnormal war period were dis
regarded, the average for the history of the industry in this state would probably not exceed 4 per cent.
Earnings in almost every other leading industry have far exceeded those of textiles. Even railroads,
long regarded as Che invalids of American business, have fared better than the textile industry.
While the securities of most other industries have enjoyed a steady, and in many cases remarkable in
crease in value during the past five years, those of textiles have with rare exceptions, either remained station
ary or suffered a decline.
? Despite their low earnings, the cotton manufacturers of South Carolina have persistently endeavored
to better the living conditions of those who helped to make their industry possible. Data collected by impartial
fact-finding bodies indicate that the weekly pay check of the average operative in South Carolina is today more
than twice as large as in the pre-war period.
\
Moreover, the houses, the schools, the churches, tine recreational facilities and the provisions for insur
ing health have all been greatly improved ; improved at. a cost of millions of dollars to stockholders.
? r"3S
In many instances, cotton mills have operated at actual losses for the purpose of furnishing employ
ment to their operatives. Truly, it may be said that by far the larger portion of cotton mill earnings has gone
to operatives, and not to stockholders.
cotton Manufacturers' Association
V South Carolina
AROUNI) THE WORM) WITH
E. II. JENKINS
The I'csts Of Foreign Travel.
There are many joys in foreign
travel but it also has the disagree
able side. One of the pests of for
eign travel is the peddlers which be
set you on every side the moment
you step off the ship until you set
sail for homo. They are evi,r pres
ent. Possibly in no country are
they more pesterous than in Egypt.
Of courso they are everywhere, in
Itn!y very bud, Syria, France, China
and Japan and India. These ped
dlers have souvenirs, beads, .cameos,
trinkets, post cards, views, books,
shawls, scarfs, cftrpets, guide books,
pencils, fountain pens, and what not.
These street merchants aro as thick
as "Mies around a honoy barrel. They
just put their goods in your hands,
on your shoulders, in your car, just
forco them on you at unimaginable
high prices and thouasnds of Ameri
cans are swindled out of their money
by the grafters. Things are more
reasonable in stores and tho mer
chants are not so insistent that you
buy as tho street peddlers. However,
one has to bo careful* for the mer
chants will stick you if they see they
have a good chance. ?
I soon learned how to buy from
all these fellows. I would appear
Interested in their goods until tho.v
told me the price. Then I would
?f V X ' ' '
throw up my hands and look very
distressed and say over and over, too
much, too much. Then the fun be- j
gan. They would start to drop :heir
prices, but I was not interested. They
would insist and I would become in
terested ns they thought, then walk
off and they would follow mo still
coming down on their prices. Finally
they would ask me how much I would
give. Just for fun I would offer fif
teen cents for an article worth one
dollar or two dollars. This would
make them disgusted. Here was my
chanco and I would offer th?m a sum
and usually they would take it. In
India a peddler wanted to sc 11 me a
precious stone for $15.00, but I jewed
him down to fifty cents and he took
me up and then I laughed at him.
However, ihe most careful buyer?
will get stuck sometimes. In NapleF
I bought a cameo bracelet for $5.00
and afterwards learned that one of
the passengers bought one just like
it for $2.50. I thought I was getting
a bargain when 1 jewed the street
peddler down from $10.00- to $5.00,
but I was a sutfker and got caught
The longer you juggle with the street
merchant nnd better bargain you will
'get. Time Is money over there when
it comes to trading.
One meets all kinds of guides who
' want to show you the sights and
then they will stick yon for all they
can. One day in Naples a so-called
guide wanted to take me ojit to sec
some small volcanoes. He $fld how
' wonderful they were, and that it
would only take a short while to go
out and see them. When I questioned
i him as to the price, ho said that it
would not be much, but when I pinned
him down I found ho wanted $2.50
for an hour's trip. He looked very
disappointed when I told him "nuthin'
doin'."'
Out at tho pyramids a young Arab
wanted to carry me around tho pyra- ;
mid and show me some old temples.
So I wont with ihm around to the
other sido to see tho temples. When
we got there, found only a pile of
ruins. Then he began trying to get
me to pay him. I jollied him along
till we got 'town near tho hotel and
1 told him if no didn't beat it I would
call a policeman. 1
Some of the peddlers havo more!
ncrvo than anybody in the world.
In Algiers one of tho peddlers put
some cards in the car whore I was
, sitting and wMn I offored them back
j to him he would not take them. I
[offered them to him the second time
I and ho would not tako them, so I
; just threw them on tho ground at his
feet. He gathered them up quickly,
but I thought I was going to havo to
fight him in spite of the court. If
I had a fight with him it would have
cost me $25.00 in police court. The
J tourist* always get the worst of the
bargain in foreign courts.
In addition to the peddlers and
so-call(d guides there are fortune
tollers. It is some distance from
hard-surfaced road out to the pyra
mids so we had to ride on camels.
The camel boy was a fortune teller
so he set at me to tell my fortune.
At first he charged me fifty cents
but I kidded him along and offered
him fifteen cents. Then we came to
a compromise and I agreed to give
?him a quarter (five plasters.) Ho
looked at my hand and told me several
things of small importance. At this
I began to ask him some questions
and learned he was seventeen years
of age and had a sweetheart twelve
years of age and was going to marry
her as soon as ho could get enough
money. I asked him if he loved her
and ho agreed that he did. So I asked
him if he over kissed her and ho
I shook his head in the negative. I
I told him he was a liar, for I found
the Arabs to be the biggest liars in
the world. They can lio to you and
never bat an eye.
Another pest of foreign travel is
the persistence of tho porters and
waiters and bell boys for tips. They
hang around you and want a tip
every time they do a thing for you.
However, In Kurope one does not
havo to tip at tho tables as the hotels
j charge ten per cent on your bill and
? this goes to tho waiters, bell boys
and porters. If they can got a tip |
out of you they will do so oven j
though they get their part of the '
ton por cent at the hotel.
The peddlers, so-called guides and
fortune tellers are not a circumstance
in comparison to the beggars. They
are the greatest pests anrl nuisance
of all. Will write of them in a
later article.
(Continued next week)
YELLOW
PENCIL
with the'
Death of Mrs. Henrietta Cauthen.
Mrs. Henrietta Cauthen, widow <>f
W. M. Cauthen, age sev'nty years,
died at her home in the Three ("e
community last Friday morning
10:20, and was buried at Hanging
Rock cemetery Saturday afternoon at
4 o'clock, following funeral serving
conducted by her pastor, K< v. T. M.
Stevenson.
Mrs. Cauthen had been in ill health
for about a year and had bsvn e>i.
fined to her bed about fi\< nvml'w
preceding her death. She was a la ly
of quiet and unassuming manner and
was highly respected by all who knew
her. She is survived by the follov*
ing relatives: One daughter, Mm,
Jesse P. Watson, and two sons, Alvin
and Edgar Cauthen, all of Kershaw;
and two step-children, Mrs. Rosa Kl
lis, of Kershaw; and Sani Cauthci,
of Columbia. Also two brothers, T.
C. and Jas. W. Stover, of Kershaw,
and one half brother, Prof. Kdwnrd
B. Stover, of Orange, Texas. The
Kershaw Era.
PERSONALLY CONDUCTED
TOURS
To California during July, lf)20. Kor
deKcriptlvo booklet write C. II. (iatlis,
ACiPA., Seabon.'d, Norfolk, Va., or C.
'W. Small, D. P. A., Seaboard, Colum
him. S. C.