It appears to have been collected with care, and
contains, in a single sheet of paper, a body of facts of the
greatest importance. *
429. The total capital employed in the factories, for
preparing the cotton, in those for weaving the bobbin net, and in
various processes to which it is subject, is estimated at above
L2,000,000, and the number of persons who receive wages, at above
two hundred thousand.
Comparison of the value of the raw material imported, with the
value of the goods manufactured therefrom
Amount of Sea Island cotton annually used 1,600,000 lbs., value
L120,000; this is manufactured into yarn, weighing 1,000,000
lbs., value L500,000.
There is also used 25,000 lbs. of raw silk, which costs
L30,000, and is doubled into 10,000 lbs. thrown, worth L40,000.
Raw Material; Manufacture; Square yards produced; Value per sq.
yd.(s. d.); Total value (L)
Cotton 1,600,000; lbs; Power Net; 6,750,000; 1 3; 421,875
Hand ditto; 15,750,000; 1 9; 1,378,125
Fancy ditto; 150,000; 3 6; 26,250
Silk, 25,000 lbs; Silk Goods; 750,000; 1 9; 65,625
23,400,000; 1,891,875
* I cannot omit the opportunity of expressing my hope that this
example will be followed in other trades.
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