The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1902-10-30
Atlanta Constitution.


No product of the soil has been SO
prolific and valuable in its by-utllltles
as cotton. This great staple crop OF
the South, so vital factor in her
past development, promises, through
It's enlarged uses, to far surpass its
ancient prestige agriculturally, while
industrially it has wrought a revo-
luton of national scope. No longer
can textile manufacturing alone be
linked to cotton products. by the
transplanting ofthe cotton mill from
the northeast to the southeast, this
section won a national victory, too
long deferred; but the victory does
not stop there, thanks to the won
derful possibilities of King Cotton.
This fact is accentuated by recent
statistics presented by The Manu-
facturers' Record, from which we
learn that during the third quarter
of the present year-usually II very
quiet period for oil mill construction
plans were made for thirty new mills
in nine States of the South, with Ii
total capitalization of 81 ,447 600.
OF this capitalization, Alabama,
with $500, 900, can boast the lion :
share, to be represented in three mills.
| North Carolina comes second, with
1902, 900, to be put into six mills,
and Tennessee follows hard, with
$25O,OOO for four mills. Allied with
this important by-prOduct industry
are the investment of$1OO, 900 which
the Florida Cotton Oil Company viii
make in adding a refinery and soaI
factory to its Jacksonville plant; the
letting of a contract by the Seaboard
Refinery Company, with capital o
1925 900, for the construction OF &
1900 barrel cotton oil refinery al
New Orleans; the expenditure o
100000 for another refinery ant
delinting plant at Norfolk, Ma, th'
location of several additional plants
by the Buckeye Cotton Oil Company
controlled by large soap manufac
turers of Cincinnati, Ohio, and tn
organization by Ft. Worth, Tex.
capitalists of cotton oil cOmpan,
for East st. Louis, one of the by-un
dertakings of which is to feed TeXa
beef cattle.
At the rate new oil mills are bein
built and their kindred Industries pre-
. NOTED throughout the South, cotto
seed promises to be at premium
, most gratifying to the farmer, VIII
, already has an object in raising til
staple for it's seed, something III
dreamed of a few years ago. Alread
there is a good deal ola scramble fC
the seed by the mill men. Speakin
of possible tendency to overcroW
certain localities in the cOnstructiO
o OF such mills, The Manufacturer
E Record observes:
In this day of large transpOrtatlC
o facilities every manufacturer is in cor
y petition with all others, whether the
! are located next door or in anoth
State. The market is based on Il
: : general and not the local outpu
i hence investors seek localities whe
. they have the advantages of GOO
n freight rates and transportatiC
- facilities without much regard for Il
" fact that they are already Occupie
f The new mills are going to be bui
;s somewhere. and their product w
"a come in competition with the produ
% of mills already established, wheth
located side by side or far apal
., Hence it is that community alwa
,, strives for a new mill, even thou.
o. o. it has one or more already.
q Which suggests to the far-seeiI
~ mill capitalist that Atlanta is an I
q q surpassable location for any numl
;, OF these inustries.