The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1876-08-03
Cotton-Our Kings

In 1850 the Southern States produced
3,622,720 bales of cotton; in 1850, $685.
| O52 bales, and in 1870, 3,011 1886 bales; |;
or an average of S,622,720 bales per an
mum.
Estimating their annual value at $50
] per bale, we find the average receipts
| from, the sales of this one Southern pro-
duct were $181, ,13s, 900 per annum, or for
| twenty years (1850 to 1870 1892, 100.
900. What has become OF this SIS, ,622,-
100000? What, besides millions of
| acres of worn out land have We to show
for it9
The production of cotton is steadily in
creasing, Notwithstanding the fact that
| the price for it scarcely covers our pres
ent mode of producing it.
| At the present rate Of increase in pro-
lduction, 1880 will find us with produc-
'tion of 5000, 900 bales per annum.
t We may then safely estimate the aver
jape crop, from 1870 to 1880 at 5000, 900
bales per annam; or for the ten years,
350, 100000 bales, which, at $50. per bale,
lmakes the enormous amount OF ~, ,6OOs-
lIOOO,0
L T NO thousand five hundred million
Idollars in ten years from one crop alone !
Judging from our present experience,
1880 will not find us in any better, If In
as good financial condition as We are
to-day. -,
| The profits on this production of 81
I500, 100000 of new values will have been
Iyrealized by others, not by US.
| The spinning of bale of cotton into
| yarns doubles its value.
IF the cotton crop OF the Southern
States from 1870 to 1880 we're spun in
| the South. where it can be done cheaper
than anywhere else in the world, the
value to us would be $4,000, 100000, or
increase in value f-$2, 500, ,000, ,00oS,
(which we are now permitting Others,
with their superior entefpiss foSwssst
from MS. SO "a
| IF this;aSerage increase 81 $3.50, 600, 900
from the spinning of the crop, were re-
tainedgin the South, how long before we1
would become Independent, and our
financial, condition such as TO- command,
the respect of the world 2 TfiN al.'5!
It is universally conceded that the:
South has lnequaied advantages for the;
manufacture OF cotton.
/ This being true, what must the world
think of our miserable policy which per.
mits others to monop0hSe the $3.50, ,e00j-
600 per annumf q Ss.';ss ,tT''. - -
Truly cotton is our. king, and we are
his faithful subjects. .aRe r,sles rs through
Others, and they reap the profits.
In 1870, Georgia produced 73;934:
bales. Our production is slowly but
steadily increasing, and the probabilities
are that the crop of Georgia, from 1870
to 1880, d period: Of ten years, will aver,
age 500, 900 bales per annum. At $50 q
bale the average annual value is $25, ,0OO,-
600, or for ten years, $3.50, 100000 isl
IF Georgia were to spin. her crop, its
value would reach $50, 600, 600 per an
mum, a yearly increase Of $25, 900 900, or
for TEN years $3.50 ,O00, goo !. an amount
nearly as great as her. present valuation
of both real and personal estate.
The profits Of cotton 1at the present
day, are not in its production, abut iniits
manufacture. Would it not be well for
us TO consider the subject in business
light I? al 5si i35taI f.linBEG
|. IF it were possible for the New Eng
land States to produce our cotton crop,
would they permit us TO spin it, and
thereby mohopolize its profits of s25,a
100000 per annum ?-Atlaatd Common
wedlth. -, .,t,,..