The Montgomery advertiser., 1904-05-01

they can still have raiment with aes- thetic advantage.
 Therefore the demand is great for cot ton goods. What the South needs now is a machine. If some genius will in- vent a successful mechanical cotton picker-well maybe the bearE would get their innigs."
 What do you think about the experi- ments in cotton in the African colonies of England. France and Germany''
 T think that likely fifty years from now they will be factor. but not sooner. Inexperienced management and unskilled labor will sink good deal of the pro moters money. but doubtless cotton will finally be successfully grown in the localities you name"
 How do you keep track of the supply and demand?' I asked. At this moment the cattle man finished translating into plain English number of messages. One was an enquiry from Asia Minor, one of information from Germany and another of advice from Liverpool.
 That is how it's done," MT. Brown said, as he showed me the cables. "I have spent several hundred dollars today in messages" Here the telegraph hoy handed Tn a yellow paper, which Mfr. Brown read. and filed The fact of several thousands of new spindles bagin- IlUB dCONAtiSS aWds up III lDC 1OQILACAli hills went down on a memorandum.
 Eternal vigilance and keen intelligence is the secret of Mir Browns success. He knows cotton in it's several aspects-agri- cultural. industrial and commercial.
 His brokerage business in spot cotton is said to average hundred thousand bales year. He is born protector. The Hibernian Bank is the upshot of his boundless energy New Orleans needed
 "a at one million dollars. The list of pos sible stockholders was made, the charter drawn up. an invitation extended to the selected gentlemen for a meeting and each was notified that his acceptance of the fifty thouxand dollar blocks could bo rejected then on the spot, and Mir. Brown would put 1t to hls own allotment. Not a man declined Tn thirty minutes the company was organized. So the story Is told in New Orleans when the build ing Is pointed out to strangers. If William Perry Brown never has another monument this tall pile piercing the sky line is sufficient attestation of his judi cious energy and masterful business achievements.
 The one thing of particular note in the man is his business versatility. If some fine day the bears should spoil things for him at the ring he has his cotton brokerage business. IT some man should invent a machine for manufacturing ramie, that weev1 proof plant which can be machine harvested four times year with one planting and that planting good for all time. should dethrone King Cot ton altogether. Mir. Brown would still be a powerful commercial factor as bankeh. If there were no more banks he'd do some of the common things of life in such an uncommon way that the world would recognize the creative genius, the limltless ingenuity of the man. If he were to take holiday and write what he knows about cotton, or com merce. or nerve he'd have as many pub fishers at his heels as he had news re- porters during the great cotton corner. His English Is vigorous correct and terse, and this conversation is replete with illustrations of those things most familiar and therefore most effective.
 In his cotton transactions he calculates the relative relation of supply and de- mand exactly as a ship builder does the parity of the moment of weight and the moment of buoyancy. Nothing Is guess work. All is calculation, estimation.
 "A bull is a creator, a bear is para site, a blood sucking vampire" was one of his figures of speach. "Then you are always bull" I interjected. T am business man." he replied with an