Pine Bluff daily graphic., 1904-05-29
SOUTR,S BRILLIANT FUTURE.

Around table at Tie Maldorf=Aa-
to.ia hotel in Nv York few days
ago there gathered Il group i men
who have played a remarkable part
in the upbulIding OF tac South, among
them be ing Daniel ] SuIIy, whose
influence during the past year OF
two lnquestionably has added abont
500. .Oo0 .0oo to the wealth of the
south, and who is regarded by the
cotton planters Of the south as the
Moses who led them out Of the WIl-
derness Of low prices
There was also Richard II Ed
monds, editzr Of the Manufactured s
Record, VIII for nearly a quarter
of a century has been accepted
thr oughout the world as the aiding
authority on southern business con
dltians and prospects.
Another prominent character vas
ID. A. Thompkins of Charlotte. y. c.
president of three cotton mills and or
a large textile machinery building
company. and for many years recog
nized as one of the South's foremost
Industrial leaders
Others We're: L, f Nerdeny pres
ident of thr WW rem Manufacturing
company. a leading cotton maufaetl
er Of the $ ath, and S T. B. Morse,
who as general passenger and assist
ant passenger traffic manager OF the
South IN Pacific Railscaa. made Il
development in immigration wOlh,
which came under his department,
which probably has nol=heeu SUI pass
e-i by amy olher raiHoad man in the
country. 1t was largely thr MSh his
work that tn rice growing regiol S Il
Louisiana and TeXas We're developed
10 the point which last year n cessl-
tated more than 5000 Mccormick
repers 10 harvest the crop, ana
which has resulted in the settlement
in the rice belt OF Louisiana of more
than $1,000 Western larmcis in the
last ten Years.
Mr.. Edmoads said to a reporter for
the New York Commercial
Naturally the discussion Of s)nh
a group related =, ~. brilliant bus
ines outlook ef the South with Spo-
cial reference to cotton The tact
of the matter is that the world. at
larg has not quito aF eeiated the
dominating Importance t cotton.
I sometimes think that the peoplc
Of this country Go not quite appreci-
ate the value OF our cotton crop to
Che " rla. nor thn posibiIiii S before
US u eonecfian wilt il The total
value i last years crop including
tho seed was Stto eo0.oVg. or twice
tho value of the worlds gold produc-
tl0n. Southern costo0 is The basis al
lhe eate-t maauraeturins industry
in the WORLD employing more han
s2ooo auo.aoo ef capital tseatIau mills
a,tja}y producing manufacture
t''z'9 ~ an iiti'ilttt ''itt&i Lat = tt
gods of an ea9al amount ol. S&ee. .a4o-
a6o NOR" ,6as he praaet of non and
steel FHa~a are at.as loDe'oo2
COTTON -5adIe9 In the worlds ana
atod 'Hz,e fgrhz = al f}e eo9aa
ase)# ~ aem eama y afe the eat
ton fields oe fHs Srta
.nezaifa ah9 =etfar7s n55ae IN et u
ceamGles 10 4 yoi,p cotton 4rowiae
which are bat ~. yltfous of eNoats
made dnriu4 die lass tfreequartess ii
oe0g,. aoti1oaz pushed since
so and 1854. ANA aeau betw e0
sea and l>ta the aJh vii eoaGn-
Qc - t2id I lr.aa. ca moeopoly ..
The worlds c.ttou produaton Il hat
the energy to create this industry
an energy equal to that Whivn crcat
81 the cotton mill I'M 7rcs-s in New
England-and ii will have the energy
and capital, backed by a century O
experience, 10 retain control of cot
ton production
The Sz@th is adding 10 - cottol
production now, and is likely 70
years TO be, on a profitable basis,
great cotton rufacturing industry