The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-03-07
FACTORIES THE SOLUTION.

:
Texas and the Indian Territory pro-
duce annually about 100000 bales OF
cotton. The staple commands an aver
age Cd lie cents, except when from
overhows, drouths, weeyil or cut worms,
the crop falls below what may be called
q normal YIELD Oyerproduction there
fore is accepted as a guarantee OF low
and decreasing price to the grower,
while undergraduates has meant high
and iDcreasDg price. From this fact.
In the economic application Of the prn-
ciple OF supply and demand to the pro-
duction OF cotton, newspapers and the
agricultural magazines have fallen into
the practice Of advising farmers to re-
duce cotton acreage In order TO make
sure that production shall fan within
the limits Of profitable demand, instead
OF relying on the contingencies Of
drouth and the IKE to prevent over
production. There are many reasons
why the South must continue to produce
cotton. however low the staple may
tumble in the schedule of market price.
1t is the one product OF our fields that
commands immediate money and is the
exclusive staple upon which is predicat-
ed the farmers credit with his local
supply merchant. Reduction OF cotton
acreage and consequent dlvershcation
must be INDUCED, by reason OF this
H.
scale. Disqualification is hardly the
solution OF the cotton planting prob
lem. What, then, is? Certainly. the
cotton factory. II not then where is
It to be had? II by the conversion OF
raw cotton into the finished product, at
the home OF its growth, its price can
DE increased to the grower by from
3 TO cents per pound, the factory
provides solution Through the golden
portals Of which the cotton States can
enter upon conditions of unprecedented
prosperity.
That the South has come to the con
cluslon that the cotton factory, as has
been already shown in Georgia and
the Carolnas, is an open sesame to
industrial wealth Is set forth in the
following enthusiastic interview recent
=, ~
- appeatl"s IN the birmingham age
Herald with Colonel William A. Hand
ley. ex-congressman and live business
man of Roanoke, Ala:
/ We are going to begin as soon as possihl,
the construction OF our big cotton factory
I We shAll cNpend s1uOOVU IN the erection Of
lu,pVo-spirdle factory. II was remlrkable th'
! ease WIN which we raised SlUcOOV OF locn
! tsplthl IN our own small town. Without any
previous discussion or the enterprise. TIVE
or tuiee OF uh started out at 10 clock IN th
morning, and before W. went 10 our niddG'
puag 10 raise S'oV@. but We cot 100000 81
oGs ~ we uetsri'i, NY, 10 MAKE " siue,
We haze about acquired 200 acres Of Ian,
sa Tor f Inc 'Gap1ra'S win Us o. ne Low so Ss
Of local eapitpl we have the basis for
Sntcres Tbns @' sban mia lpw r"ee
10000 spindles. We shalt nuke all Of GU
enormous oGant'ty of the best p mt ps ca
IN Maeome. What We are doing so easil
can do by proper ana Wei directed effort
Again Colonel Handley says.
/ am convinced that tho cotton factory |
ING we Win 'p bnt pf Sn5 of CGtten plan,
home we can ourselves fix the price Of cotton
investigation throusb Georaia nna ,bo caro- uls
llnas aud ! was amazed at what saw an
is factory M Dshloneea mai naid iast v v'
something like 80 ner, cent Forty per con
tho Caroinas factories are being ar'' bult M
IN I, tn the halds close to The always I ga
there are Twenty-Five cotton factories. ar, an
AZ OF tn.m ',akl9s money We eNpect .frea
ara eu n my'S unS ' pnrn Women ana tnaSp WI