The Birmingham age-herald., 1904-05-01

towns and to industries of all sorts, such as new railroads, mines, forestry, naval stores business, whalf hands, and in fact everything else bu the farm.'
 "But is not there large foreign i'm migration that can be employed on the farms?' l asked.
 There are many Italians coming to the cotton states" MT. Hayne agreed, but they have to learn the business, and they are poor customers. All a negro makes during the week he spends at the com missary on Saturday. All a Deigo makes he sends back to Italy or hoards for the day when he can carry it back He adds little to the general prosperity and does not assimilate with conditions, nor become naturalized in the spirit even if
 in tho letter."
 Will the boil weevil have an appre- eiable bullish effect on the market?" I
 inquired
 MT. Hayne thought so to {. considerable degree but not as much so as short- age of labor. Besides there is always the weather man to consider in the mat ter of crops," he added with question: able resignation" Each time that 1 arose to go with apologies for consuming d busy mans time l was politely urged to remain as long as I desired and ask any thing l wanted to know about cotton.
 Was No Hardship.
 Mir Hayne when asked who ultimately bore the hardship of high priced cotton, replied that there was no hardship any where. The consumer of the finished product is the only man that doesn't get any more out of his transaction than he put in 1t for the farmers, traders and manufacturers use the same business methods. The consumers burden was no greater hardship than protection. pol iax txfhf l. aa t1a 1Ir rich. High priced cotton has made the south rich. Here in New Orleans there is more money than we know what to do with in the way of investment. The scarcity of trustworthy industrial labor is our great need. We have the money, we need the muscle. The negro mechanic and manual laborer gets good wages and can make enough In two days to subsist in riotous idleness the balance of the week"
 What do you think about the theory of seed deterioration?' I asked in con- clusion. Wild horses couldn't drag any Suly talk out of any of the professional cotton men in New Orleans. Seed de- terloration as short crop guarantee is MT. Sully's stunt" so Mir Hayne ask ed me an irrelevant question in reply. The professional cotton men handle the subject gingerly. The laity is glib enough on Sully.
 "Suly, we'll Sully las failed. He is out of 1t. He is a dangerous, unsettling ele- ment In the market. He is a plunger." In cotton parlanee Sully is gin cut and good for nothing bus rope
 Next door upstairs is the office of Will liam Perry Brown, king of the cotton bulls. From some journal heresay I was prepared to behold In this gentleman the twin brother of the poets hero; "The Man that didn't GiVA n In bn trary another ideal was shattered, for as soon as I arrived in earshot, though still out of vision, I heard MT. Brown give one. a vigorous. unmistakable, masculine dam! I had heard the word before Con the stage) and remembered that every body laughed. Then I laughed and the cotton classer laughed and the stem ographer, the telegraph boy, the cable cypher expert, and the king of the cot- ton bulls himself. Afterwards the dread- ed interview was as pleasant as getting money from home Several hundred bales of spot cotton mad temporarily gotten lost in transit and hence MT Browns histrionic eXpletive. Before I left they were reported found and the incident was closed. MT. Brown Is a man of vigorous primary emotions. He was one of the bulls who came out whole in the famous Peter Labouisse campaign of 1896, which result ed in general smash up. He has help ed to corner the market before this campaign. and I had already been told that no man living knows more about cotton than he
 Tn 1898 when cotton was selling for cents the manufacturers invented. all sorts of new uses for it." he said when asked some questions.
 Avenues Not Closed.
 Wool and silk were adulterated with 1t and thousand Lew ways of using the staple were devised. These avenues of utllization will not be closed. These goods surrepttiously aaulterated with 5 cent cotton can still be adulterated with 15 cent cotton, with a paying margin in competition with all wool or all silk goods which they simulate. The international commerce of the world has carried cot- ton goods into new markets, and the hith- erto literally naked tribes oL the earth are learning that while the body may De more than raiment, they can still have raiment with aesthetic advantage
 Therefore the demand is great for cot ton goods. What the south needs now is a machine. If some nius will invent a successful mechanical -picker-well, maybe the bears would get their innings"
 What do you think about the exper- iments in cotton in the African colonies of England, France end Germany"
 T think that likely fifty years from now they will be a factor, but not soon- er Inexperienced management and un-. skilled labor will sink good deal of the promoters money, but doubtless cotton will finally be successfully grown in the localities you name"
 How do you keep track of the supply and demar I asked. At this the cable man finished translating into plain English numbe" of messages. One was an inquiry from Asia Minor, one of information from Germany and another of advice from Liverpool.
 That is how its done" MT. Brown said, as he showed me the cables. 'I have spent several hundred dollars today in messages.'i Here the telegraph boy handed in a yellow paper, which Mr Brown read, and filed. The fact of sev- eral thousands of new spindles beginning activities away up in the southern hills, went down on memorandum.
 Eternal vigilance and keen intelligence is the secret of MT. Browns success. He knows cotton in it's several aspects agricultural. industrial and commercial.
 His brokerage business in spot cotton is said to average a hundred thousand bales a year. He is a born projector. The Hibernan bank is the .upshot of his Countless energy. New Orleans needed another bank. It should be capitalized at one million dollars. The list of possible 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 thousand dollar blocks could be rejected then on the spot, and MT. Brown would put it to his own allotment Not a man declined. In the thirty minutes the company was organized. So the story is told in New Orleans when the building is