The Locomotive - Lighthouse Survival Blog
The Locomotive - Lighthouse Survival Blog
The Locomotive - Lighthouse Survival Blog
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1901.] THE LOCOMOTIVE. QQ<br />
Not many years ago, most of the jute crop of Bengal was sent raw to Dundee and<br />
other manufacturing centers. To-day the exports of manufactured jute goods amount<br />
to $20,000,000 a year. Machinery has been introduced by British capitalists and India<br />
herself is reaping' the benefit of the various economies which have resulted from the sub-<br />
stitution of machinery for hand labor. <strong>The</strong> jute mills have been built most largely in<br />
Calcutta and in the few other parts of Bengal. About 100,000 workmen are employed<br />
in them and the jute bags and other articles they produce are sent in large quantities<br />
to the United States, Great Britain, Australia and the Straits Settlements. So large a<br />
development of jute manufacturing has not failed to have considerable effect upon this<br />
great industry in Dundee.<br />
<strong>The</strong> progress of cotton manufacturing has been still more remarkable. In 20 years<br />
the cotton spindles of India have increased 221 percent, and the looms 189 per cent.<br />
<strong>The</strong>re are now 4,728,000 spindles and 38,000 looms in India. Last year they consumed<br />
1,641,000 bales of raw cotton. <strong>The</strong>se mills have cheaper raw material and labor than<br />
the British mills. In this respect they enjoy the advantage which our Southern cotton<br />
mills possess over those of New England. Bombay is the greatest center of cotton man-<br />
ufactures. Its mills are operating 3,500,000 spindles and 25,000 looms. But while<br />
Bombay produces about three-fourths of the Indian product of manufactured cotton the<br />
industry is also important in other parts of the country. <strong>The</strong> industrial revolution is<br />
transferring the spinning and weaving of cotton from the home to the factory. It is<br />
making cotton fabrics cheaper in the home markets. It is beginning to curtail the large<br />
cotton imports from Great Britain, and it is encroaching upon the British markets in<br />
other lands.<br />
<strong>The</strong> Indian mills, for example, are comparatively near the great China yarn market.<br />
China is one of the largest buyers of cotton yarn in the world. Vast quantities of yarn<br />
are sold to China not only for the cotton mills which lu.ve recently been introduced<br />
there, but also to supply the demand of the hundreds of thousands of women folk who<br />
in their humble homes turn cotton yarn into fabrics. India's export of cotton yarn has<br />
dow reached an annual value of $30,000,000, and the trade is increasing every year.<br />
India does not yet manufacture the finer grades of cotton goods, but her coarse fab-<br />
rics are becoming more and more popular in markets where she has the special advan-<br />
tage of comparative proximity. Thus she is now selling $15,000,000 worth of coarse<br />
cottons, most of them in Mozambique, Zanzibar, and Aden, whence they are distributed<br />
in East Africa ;<br />
her trade in these goods is also growing in Abyssinia, Ceylon, Turkey,<br />
and the Straits Settlements. Her increasing product of cotton fabrics enables the home<br />
industry to keep pace with the growing demand both in India and foreign markets.<br />
<strong>The</strong>se observations with regard to India may also be applied to Japan, whose fac-<br />
tory interests are constantly growing. Japan promises to become a competitor with the<br />
large cotton-cloth producing countries in supplying her home trade and the oriental<br />
markets. Though there are now a considerable number of cotton mills in China there<br />
seems to be no prospect that that country will have a large influence in the cotton industries<br />
of the world. All China is likely to do is to supply a part of her home demand.<br />
It is different, however, with India and Japan. <strong>The</strong>ir competition is not likely to<br />
be important outside of the Orient. But in the field that is nearest to them there is con-<br />
siderable prospect that they will become in time a very influential factor in the cotton<br />
trade, and that this fact must betaken into account by the manufacturers of Great Brit-<br />
ain who until a few years ago almost monopolized the import cotton trade of that part<br />
of the world.— New York Sim.