The watchman and southron. (Sumter, S.C.) 1881-1930, November 15, 1905, Image 9

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?QTTOX TRAPS ^CREASING. ~T ilT 1 Manufacture** Have Steadily ^?crffinrrt Their Productioe and as -Staat as One Outlet Was Closed to Theta They Opened or En? larged Others. During the past two or ihre .HUffltnff our alert consuls in Great -3ritain have been sending home ac .csvnts ot various pessimistic reports, . speeches and editorials, the general -trend of which-has been that Great Britain is in a fair wyy to lose her -aaighty trade in cotton goods. Not -unnaturally, these reports have gain? -cd considerable authority from ha> - ' -4cg been published with a sort of qua? si government sanction through the 'bulletins of the department of com coerce and labor, and an impressiou ; -seems to have gained ground in many I ?isarters that the British cotton man* I .afaeturing industries are really in a ted way. So far is this from being the case that the past season is justly 'regarded by all who are at all famil? iar with real conditions as one of the ^nost satisfactory in the recent his -*ary of the British cotton industry. The misleading reports arose from -tte efforts of Mr. Chamberlain and his followers to convince the British elec? torate that foreign .tariffs are gradual- j ly destroying the outlet for English j cottons. In the report of the tariff commission instituted by Mr. Cham "berlam which was published July 10 and which was naturally widely dis? cussed by the British newspapers, it -was asserted that the British cotton industry 'is suffering in every direc? tion? from foreign tariffs, and from tte competition which they stimulate, and that profits are steadily diminish? ing in it, while employment is becom- I lng more uncertain." According to the London Times this report showed that Mr. Chamber Jain was right in his warning "cotton is going." As a matter of fact the re? port, while it undoubtedly presented many facts regarding the development of cotton manufacturture abroad, and af foreign competition in this line ia neutral markets that may have seem? ed disconcering to those who liad not TH>ted them before, failed entirely to Indicate that British manufactures are losing business except in a limited number of markets, or that their po? sition was in any vital respect un? sound. Fifty years ago Great Britain en? joyed an almost complete -monopoly of the manufacture of cotton goods tor all the world. It was not to be ex? pected that other nations would rest content to permit such a state of things longer than was necessary, and Jhe more progressive have, one after another, found means of establishing their own cotton manufactories and have come to supply, first their own local markets, and then to a limited extent the markets adjacent to them or in which their products for any reason have proved specially popular. One of Mr. Chamberlain's support? ers complains that "Fifteen years ago ?reat Britain consumed 2,000,000 Irandred weight more cotton annually than did the continent, whereas ' it consumes 8,000,000 hundredweight less. Fifteen years ago it consumed $.600,000 hundredweight more than did the United States; today it con somes 3,000,000 hundredweight less." This is true, but it states a chango that was in a sense inevitable and that in no way implies any discredit to the energy and ability of the British man -afacturers. On the contrary, with asnazing skill and entire success, they teve steadily increased their produc? tion, and as fast as one outlet was closed to them they have opened or enlarged others, with the result that in practically every one of the so-call- | ed "neutral" markets British cottons j ?are virtually supreme, being uniform- ! Ty so far in the lead as to render tho, position of competing nations a mat? ter for humiliation rather than boast- ? lng. Exports of British cotton yarns and i twists for the calendar year 190! amounting to 16.S94.500 pounds, Valued at $43,525,674. Compare this with our own exports of yarns for the same period, which were valued at $233,671, and a better idea can be ob' tained as to just how decadent the British industry is. In quantity the British yarn exports for 1904 fell be? low those for 1902, but in value they considerably exceeded the totals for the former year owing to advanced prices. The number of spindles running in Great Britain last year was 4$.400, 000, against 47,500,000 the preceding year, while 3,500,000 additional are projected or in course of construction. In point of fact the great danger to British prosperity in the cotton trades is not so much foreign competition, however much bolstered and support? ed it may be by hostile traiffs, as un? scrupulous speculation in the raw ma? terials by reckless but pecuniarily powerful gamblers, and short supplies The fact that her foreign markets are so vast and so widely distributed, and her hold in each so firmly entrenched, renders Great Britain's position as rt - gards competition exceptionally strong, if not. for the present ai least wholly impregnable. The United ^^^^^ ^i^^jj^^^^ ^^^^^i^^^^ ^^^^^^ ^^^^^^^^ ^^j^i^j^i ^^^^ M^^^^ ^i^^^?^^i ?^^^^?^^ ^88?^^^^ ^^^Si^^^^^^ ?^^^^S^^^ ^^j^^^^^^ - - - UNTIL - - - Thursday, Nov. I6th &t 9 m. $65,000 Worth of Dry Goods, Notions, millinery Goods, Ladies and Gents Shoes, Clothing, Furnishing Goods, Hats, Ladies Suits, - Cloaks, Skirts, Household Goods, Carpets, Rugs, Matting, Furniture, Cut Glass, Bric=a= Brae, Toys, Toilet Arti= des, Etc., To Be Sold Less Than Cost of Raw Material. SUMTER DEPARTMENT 5T0RE, Successors to the Minor Stores. 14 and 16 Hain Street. = = -/ = = Sumter, S. C. --- Now in the Hands of the World's Greatest Bargain Givers And will be sold in 10 days by the New York Salvage Co. The Entire Stock is now being remarked and rear? ranged* The building is now closed and will remain closed until THURSDAY, NOVEMBER 16, 1905. When the ENTIRE STOCK will be placed on sale for positively 10 DAYS ONLY. Who we are: The New York Salvage Co., are buyers of Bankrupt, assignee and all Salvage stocks of any kind; acts as administrators and Trustees of estates; also conductors of Sales It is the largest institution of its kind in the world, operating Fifty-two separate stores and large warehouses in all principal cities of the United States. DRESS LININGS. Red finish Cambric, all colors, go in this sale at, yard.3 7-8c Percaline, all shades, Salvage Sale at, yard.8c We have a complete stock of linings which will be sold in this sale at less than cost of manufacture. RIBBONS. l-2c. Ribbons go in this sale at, 3 yards.lc 5c. Ribbons go in this sale at, yard. .&? 6 l-2c Ribbons go in this sale at, yard.*c Sc. Ribbons go in this sale at, yard.5c 10c. Ribbons .go in this sale at, yard.*.6c 25c Ribbons go in this sale at. yard.9c HANDKERCHIEFS. 5c Handkerchiefs go in this sale at..ac 10c. Handkerchiefs go in this sale at.6c 12 l-2c. Handkerchiefs go in this sale at.8c 15c Handkerchiefs go in this sale at.9c Every Thing of Interes t to You TABLE LINEN. 35c. Table Linen will in this sale at.21c, per yard 40c. Table Linen will go in this Sale at...-.27c. per yard 50c. Table Linen will go in this sale at..36c per yard 65c. Table Linen will go in this sale at.43c. per yard TOWELS. 5c. Towels will go in this sale at.31-2c 10c. Towels will go in this sale at.7c 15c. Towels will go in this sale at.10c BRESS GOODS. ?4-tnch silk finish E?riglish Mohair, original price $1.00, go in this great Sal? vage Sale at.69c 2 pieces 50-inch Mohair, elegant quality, original price 50c, sold in this sale at.37c CORSETS. The Batiste Girdle Corset will go in this Sale at 18c The Satin Girdle Corset will go in this Sale at 38c A Money Saving Opportunity That Appeals Directly to You. An important business movement commences at the Sumter Department Store. Successors to the Minor Store, 14 ai<d 16 Main Street, Sumter, S. 0. Thursday, November 16th, at 9 a. m. When we shall by price cutting, close out this gigantic stock, in 10 days, in which time we figure to dispose of this mountain of merchandise. This will be the greatest bargain Sale of Dry Goods, Notions, Ladie^ Suits, Skirts. Millinery, Clothing, Shoes, Hats, Ladies and Gents Furnishings, Carpets Rugs, Mattings, Furniture, Household Goods, Cut Glass. Bric-a-Bfae, Toys, Toilet Articles, &c. etc., ever con? ducted in Sumter county. We will put forth such offerings that no matter what the weather conditions may be YOU ZLYUSt and yOU Will be here to get your share. Satisfaction guaranteed in every instance or money promptly refunded. Merchants from the city or country wishing to purchase portions of this stock must c*ll between the hours of 9 and 10 a. m, as ail other hours must be reserved for our immense retail trade. Sale Positively Opens Thursday, November 16th, and Closes in 10 Days. LADIES AND CHILDREN'S HOSIERY. 25 cents Ladies' Hosiery go in this Salvage Sale at 18c 35 cents Ladies* Hosiery go in this Salvage Sale at 27c CALICO. All Calicos, including best brands, will be sold at.4 i-2c SATEENS. 300/yards Mercerized Sateens, regular price 20 and 25c, Sale price-12 l-2c CANTON FLa.rs.NEL. 10c yard Cotton Flannel go in sale at.,.7 l-2c MUSLIN UNDERWEAR $5.00 tucked and embroidered Underskirt go in sale at.$2.98 11.75 tucked and embroidered Underskirt go in sale at.$1.09 GLOVES. Ladies' $1.50 Kid Gloves (guaranteed) in Salvage Sale at. Ladies' $1.00 Kid Gloves (guaranteed) in Salvage Sale at. CHECK HOMESPUN. Riverside Plaids go in this sale at, yard. Southern Plaids go in this sale at, yard. INFANTS' HE AD WEAR. $3.00 Child's Silk trimmed Hat'go in sale at. $2.50 Child's Silk trimmed Hat go in sale at. WHITE BED SPREADS. 51.00 Spreads go in this Salvage Sale at.?. $1.25 Spreads go in this Salvage Sale at. $1.50 Spreads go in this Salvage Sal? at., TO THE PUBXJIC:-This Sale of the Sumter Department Store, formerly known as the Minor Store, will abound with money saving in? ducements that will truly prove a tonic for over-worked pocket books We caution you to come early as this sale will last for 10 days only. Everything must go rapidly. This will be the first sale of its kind that ever occurred in this city; and it may never occur again. In order to prove to you what tremendous sacrifices must be made We have mentioned a few of the extraordinary bargains that will be offered. Bear in mind there are thousands of different articles we cannot mention here We advise you to save this and bring it with von so there will be no mistake that you get exactly the goods mentioned in this bill. We have taken, charge of the business and it will be ou aim to close out this monstrous stock at the earliest possible moment to save time and expense, lt is simply a case of turning merchandise into cash and cost or loss are no consideration. We guarantee that if you are not perfectly pleased with your purchase your money will be refunded on demand without a question or goods exchanged. RESPECTFULLY YOURS, H. L. GILMORE & CO., REPRESENTING NEW YORK SALVAGE CO. Mark the Date -AND Mark it Well. Thursday, November, 16th. AND CLOSES IN IO DAYS At The Minor Stores Old Stand 14 & 16 Main St. Sumter. We hereby agree to refund the money on all goods priced above if not satisfactory to the purchaser. H. L. GILMORE & CO., Managers New York Salvage Co. Let Nothing Keep You Away. THE HOUR IS SET. The Date You Know. ?QTTOX TRAPS ^CREASING. ~T ilT 1 Manufacture** Have Steadily ^?crffinrrt Their Productioe and as -Staat as One Outlet Was Closed to Theta They Opened or En? larged Others. During the past two or ihre .HUffltnff our alert consuls in Great -3ritain have been sending home ac .csvnts ot various pessimistic reports, . speeches and editorials, the general -trend of which-has been that Great Britain is in a fair wyy to lose her -aaighty trade in cotton goods. Not -unnaturally, these reports have gain? -cd considerable authority from ha> - ' -4cg been published with a sort of qua? si government sanction through the 'bulletins of the department of com coerce and labor, and an impressiou ; -seems to have gained ground in many I ?isarters that the British cotton man* I .afaeturing industries are really in a ted way. So far is this from being the case that the past season is justly 'regarded by all who are at all famil? iar with real conditions as one of the ^nost satisfactory in the recent his -*ary of the British cotton industry. The misleading reports arose from -tte efforts of Mr. Chamberlain and his followers to convince the British elec? torate that foreign .tariffs are gradual- j ly destroying the outlet for English j cottons. In the report of the tariff commission instituted by Mr. Cham "berlam which was published July 10 and which was naturally widely dis? cussed by the British newspapers, it -was asserted that the British cotton industry 'is suffering in every direc? tion? from foreign tariffs, and from tte competition which they stimulate, and that profits are steadily diminish? ing in it, while employment is becom- I lng more uncertain." According to the London Times this report showed that Mr. Chamber Jain was right in his warning "cotton is going." As a matter of fact the re? port, while it undoubtedly presented many facts regarding the development of cotton manufacturture abroad, and af foreign competition in this line ia neutral markets that may have seem? ed disconcering to those who liad not TH>ted them before, failed entirely to Indicate that British manufactures are losing business except in a limited number of markets, or that their po? sition was in any vital respect un? sound. Fifty years ago Great Britain en? joyed an almost complete -monopoly of the manufacture of cotton goods tor all the world. It was not to be ex? pected that other nations would rest content to permit such a state of things longer than was necessary, and Jhe more progressive have, one after another, found means of establishing their own cotton manufactories and have come to supply, first their own local markets, and then to a limited extent the markets adjacent to them or in which their products for any reason have proved specially popular. One of Mr. Chamberlain's support? ers complains that "Fifteen years ago ?reat Britain consumed 2,000,000 Irandred weight more cotton annually than did the continent, whereas ' it consumes 8,000,000 hundredweight less. Fifteen years ago it consumed $.600,000 hundredweight more than did the United States; today it con somes 3,000,000 hundredweight less." This is true, but it states a chango that was in a sense inevitable and that in no way implies any discredit to the energy and ability of the British man -afacturers. On the contrary, with asnazing skill and entire success, they teve steadily increased their produc? tion, and as fast as one outlet was closed to them they have opened or enlarged others, with the result that in practically every one of the so-call- | ed "neutral" markets British cottons j ?are virtually supreme, being uniform- ! Ty so far in the lead as to render tho, position of competing nations a mat? ter for humiliation rather than boast- ? lng. Exports of British cotton yarns and i twists for the calendar year 190! amounting to 16.S94.500 pounds, Valued at $43,525,674. Compare this with our own exports of yarns for the same period, which were valued at $233,671, and a better idea can be ob' tained as to just how decadent the British industry is. In quantity the British yarn exports for 1904 fell be? low those for 1902, but in value they considerably exceeded the totals for the former year owing to advanced prices. The number of spindles running in Great Britain last year was 4$.400, 000, against 47,500,000 the preceding year, while 3,500,000 additional are projected or in course of construction. In point of fact the great danger to British prosperity in the cotton trades is not so much foreign competition, however much bolstered and support? ed it may be by hostile traiffs, as un? scrupulous speculation in the raw ma? terials by reckless but pecuniarily powerful gamblers, and short supplies The fact that her foreign markets are so vast and so widely distributed, and her hold in each so firmly entrenched, renders Great Britain's position as rt - gards competition exceptionally strong, if not. for the present ai least wholly impregnable. The United