New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-20
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49,


lowest which have received from any connp comp
tent expert The ordinary estimate Is GEMS
divided by \. a Thompson. or falolsn as u
lows: one cent for fertilizers, ! cent loi pe
and chOpping and 3 cents for pioushlhs CuI'iN"
tion and other labor The general OPINION ail'oiie
planters and brokers is that no mone! Vnn . NC
made out OF scent cotton, and that 'he iiuurt
is doomed unless the price can be raised ~. u
tho sunnlv Outrunning the demand Dy Il iiiihVii
bales the rate must remain low. and the cos' , W
production cannot be reduced by !apoi -s">'"e
machinery 49, +, erovob.
The continuance of scent cotton is frausm'
with ruin to those planters who lack the Ill, "p,
ity to adapt themselves 10 new condiuohS, ne
are three classes in the cotton pelt' W "a 90, -
lardholders who do not raise crops thenlsei'ca'
but lease their ground to tenants W e' '"nS
farmers without capital. against "hoh 'n' o.. u
lords have lien on the crop Tor REM, WIZ w
merchants have a second one for the season - .
EXPENSES: 60 one-horse farmers VINO own S','"'.
farms Of twenty-five or hfty acre., Iai3g g ~, -
own food supplies. live eft their Iaiu anu ia
small crop of cotton representing tnelI oWI'
labor 1t is the tenant class. composed laIsr n
of negroes and Shiftless whites. upon whom nv
burden of 5-cent cotton VIII falI most "edN -.
The 1andhoders may lose their rents but eveh'u-
a,ly their land will be put to other USES tnan Wv.
ton-raising: but the shiftess tenant WORKING On
borrowed capital cannot live by raising Vo, 49,,
which costs him more than he gets for H. Inc
one horse farmer has his living from 'he ldili
whatever else may happen. His own labor goes
into his bales of cotton. and whatever ne sc'S
for them is so much gained. II may he tnal 'nc
future Of cotton planting depends 70 a iaIse "a
tent upon the one-horse farmer; II any .ir "a" T.,
cheapen the cost of producing the great staP'e II
Is he
Coming now to a consideration of remedies
mass over one which Is earnestly discussed IN
the South namely the prohibition by law 81
gambling in New-York IN the chlel arI!Cu''ui 9"
staples cotton wheat and corn Nor l. y nee,
cary To enlarge upon the dlvcrsiiicaton OF SUM
ern crops The reports - the AgI.cut"rdl p'
partnent show an increase OF iH.''VVv, p"'.''''
corn in the Southern states over the crop -.
mia
themselves and do rot need the adN'cr UNI -
showered upon them. Thy are producing ."''
food and are rapidly re.ras.hS ~ ,,,,pis
from dependence upon Western inod Supp'.S
The resources Of the South Tor raising t9'n a.
unlimited Their range oi products j WIZ. ".-
more varied than that OF Northern FARMERS
Thev viii 1--we and thrive even II cotton never
again rises above Z cents OveTprodu' non 90, N''-
ton is an evil that will right itself. M'tch"u'S
will control the next crop to '1'sr b "'
refusing to make advances to farmers M".Sc
credit ,s not good When cotton IS sold al 'ie
cost Of production there - bound 10 De a Sh'l'IN
age Of credit which will throw out shiiieSs ana
lazy planters another season. ana TINS VIII III
vo,Ve curiai.ment " Production ,,
The main remedy for scent cotton j. dlNersl-
0cat!on not 50 much II crops as oi industries
and that process is going on rapidly 'hr' ,,r
out the cotton belt There has been maFNel''uS
development Of manufacturing ana mining n"'m i
West virginia 10 the Mississippi, and cotton
mills are in successful operation in the caro-
Inas Georgia and Alabama. In almost eFcrS
large town in North Carolina there IS sild
rev factories are either building or projected III
Raleigh Charlotte. Newbernc winston '9h
cord and many other towns. ms mlusU'dI
movement is SO general that il is reasonably Ger
tain that the South before the end 81 another
wear Will have over 500 900 900 Invested IN c''""
mills These factories operating In small towns
which are centres Of agricultural sections .n 1
employment for farmers sons and daughters
and tend TO diminish farm labor Inc same
movement extending to other branches OF manu-
.a,,ura rron,ises 10 readiust the evils ~ un-
productive cotton farming In the South
This lovely old town Of Wilmington. from
which I am dating this letter. serves to l.us-
trate by antithesis this principle OF diVersihcd-
ZION There was a time when II was on even
terms with Other coast cities. but for twenty
wears It has been Tagging behind its rivals IL
has remained important cotton port a.
though surpassed by Norfolk. Char4eston' SaN.ih-
nah Galveston and New-Orledns. ana II mas
enlarged its trade In lun Der and naval stores
although distanced by Savannah; but IL mas
heen outcassed by other cities. ana makes u"
pre;ension Of holding its own in Inc rae" i'I
suDremacy There has been a lack 81 energy
in ordering new Industries ana developing nom,
resources The competition 81 dI'cl S,dp'a
railway 10 Norfolk would carry truck FARMING
~ the borders Of Wilmington and create a sur"
source Of wealth: but there IL on" INK missing
in the chain, and the city is In an inhccc7Sin.'
corner and lacks the enterprise ana PUBIC
snirit required for new Industrial Undertakings
Quaint and picturesque as II Is Il seems I" De
long to the leisurey somnolcni old South. rather
than 70 the w,dc-awake new South. that Is puts
ing with energy and adapting itscf to the new
order of dlversihcat!on OF industries. l. y. T.