At the same time the amount of the precious metals in circulation and in the banks, was estimated at 45,800,000 pounds, of which seven millions were in silver.
Note 11[EJ]—page 96. Cherokees and other Indians. Omitted.
Note 12[EJ]—page 98. Public Lands. Omitted.
Note 13[EJ]—page 119. Temperance Societies. Omitted.
Note 14—page 132.
Cotton Manufacture.
At the end of 1836, the Lowell cotton factories comprised
129,828 spindles and 4,197 looms, and employed 6,793 operatives of whom 5,416 were women. The quantity of cloth made was 849,300 yards a week, or at the rate of 44 million yards a year; raw cotton consumed 38,000 bales, or 15 million pounds yearly.
In 1831, the American manufacture employed 62,157 operatives, of whom 38,927 were women and 4,691 children. There were beside 4,760 hand-weavers, 40,709 persons employed in accessory labours, making the whole number of persons engaged directly and indirectly 117,626. The factories contained 1,246,503 spindles, and 33,506 looms, and produced 230,461,990 yards of stuffs, besides 1,200,000 pounds of yarn, which were woven in families during the winter. The consumption of raw cotton was 77 million pounds. The value of the products was 26 million dollars, eleven millions of which were paid in wages. (Pitkin's Statistics, 526.)