The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1892-04-14

sacking and baling stufs of the world. I!
will largely supplant the use of jute and
hemp. Indeed, we understand the jute
crop of India has proven failure this
year; that the price is abnormally high
and that over 10000 bales Of American
cotton have been shipped to Bombay to
make cotton bagging to cover the India
crop.)
"These are only q few of the many
uses it will be put to. Experiments will be
tried with it in every department of trade'
and with India out of the race aud the
cost of production lowered, planters will
find out that crop of ten or even
fifteen million bales will not be too much
for the requirements Of the world. Once
let the trade discover that cotton is suited
for uses to which it has not hereto fore
been applied, the trade will continue to
apply it to these uses even at a higher
price, and the consumption will continue
to grow even at increased values. When
this shall have transpired, and trade re-
wives, the planter will find that he can
market q crop of ten million bales on
just as profitable basis ss he has hereto
fore marketed seven millions. Then how
foolish it would be for the South to aban.
don or reduce the production of pro-
duct which can only be produced in'the
South, and go to raising something that
can be produced throughout the whole
country, from Canada to the Gulf of
Mexico. Fancy us in competition with
the great Northwest in the production Of
wheat and corn, and then imagine, if you
can, what would oe the price of these ar.
ticles at the end Of the first seasons ex.
pertinent. A few years ago it was evi.
dent to the dulest apprehension that con-
sumption was rapidly outstripping the
production Of the world. The American
cotton crops of 1886 81, 1887 88 and
1889 go were 6,5o5,ooo, 7,O46,OOo and g.
938, 1000 respectively, an aggregate of TO-
4S9,000 These were, up to that time, the
three largest average crops on record,
and yet on the first of September, 1889,
the visible supply of the world had run
down to $4,000 bales. To show how
great had been the increase in cousump-
tion during the fifteen or sixteen years
preceding that period, we will explain
that the cotton crops of 1869 70, 1870 II
and 1871 ~ were 3,122,OOO, 4,3520 900 and
2,974.000 respectively, an aggregate OF
10, 44S 900, and ye! the Visible supply on
September l., 1892, amounted to the
enormous figure of 2124,oO0 1t will be
thu. shnwn that notwithstanding an in
creased yield of 1O,04l 900 in the com
psrstive years mentioned there waA at the
end OF that time decreased visible sup
ply of 1892 900, or say au increased con
Of over II 1888 900 bales
"For the balance of this season We can
sse but little hops for any material ad.
vance in prices. With famine in Russia,
social disturbances in Germauy, bad trade
throughout Europe, and the low Price Of
silver, and the enormous stocks of the
world nnw impending over the market,
there i. nothing in the near future upon
which to predicate a revival Of trade, or
a more sanguine view of The situation.
Still, cotton will disappear at price, aud
when the conditions improve and trade
once more asserts itself, the world will
wonder what has become Of the enor
NOUS stocks which now confront us from
all sides.
"We repeat, therefore. be constant, be
courageous AID out of our present adver
sity will c,mr new order of things, far
superior to the old, which will add to the
power and growth and riches of the South,
and leave us, as of old, Gods chosen
people, ruled over BY that most potent
of all mundane potentates, King Cot.
ton"