The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1905-03-02


the banks of America will ciamor fol
your notes. No better collateral
when properly handled. exists in the
world today than cotton. From the
Occiaent 10 the Orient it is the recog
n!zed King of commodities We OF
the South, like a sleeping giant. are
unconscious of onr strength. Mr.. S
NJ. nman, one of the worlds great
cotton merchants and a director "
the South's greatest railway. In a re
cent letter to Hon. Dudley NJ Hughes
the president Of the Georgia Agricul
tural Society, wrote as follows lin,
TIED by climatic conditions to our part
OF the Union, the cotton growers OF
America have the most perfect agri.
cultural monopoly in the world. Fot
forty years foreign lands have, by
governmental influence and money and
by private capital and enterprise, tried
to build up cotton growing in competi.
ton with the South, but the aggregate
foreign crops increased very little, and
to supply the ever-increasing demand
OF about 100000 bales year for an
average increase in the worlds con.
sumption, the world must depend on
our country. This years cotton crop,
including the seed, sold for $650,000,
600. Besides furnishing the mills
throughout the South with all they
used, we exported enough to bring
$350,000,000 gold to this country. This
is one-fourth as much gold as Cali.
fornia has produced since the discov.
cry of the precious metal there; $3.50.
100000 was enough to buy every bush.
ell of wheat raised in the United States
and leave S150,000,000 to the good.
Iowa is the greatest corn growing
State in the world, yet this year, af,
ter growing her corn and wheat crop,
Georgia sold her cotton crop for $50.
100000, enough to pay cash for every
bushel of corn grown in Iowa.
Now if Georgia, with her $4,000
square miles, did this. what in the
name of heaven, with over 2G2, 0G0
square miles, did grand old Texas do?'
Mr.. Inman closes his letter with
these hopeful words: 1t should en-.
courage us to feel that back of us we
have this imperial money 3.3ducing
crop. A perpetual Inheritance heGged
about by climatic conditions and pro.
tected from the worlds competition
which threatens the other crops. Once
free from debt, lot us stay out of debt
and control our own product ana we
will see no more 5 or 6-cen, cotton
crops. w care getting out of debt;
we are doing better farming, more
manufacturing and Tearing better how
to market our crops. We are manu-
featuring 100000 bales of cotton a
year, adding yearly 100000. 900 to the
value of the raw cotton. The future
is bright with promises il we are but
true to the high character, the indom-
table energy and great souls Of the
fathers and mothers. who, coming out
of the most desolating war of modern
history, found the country a desert,
and brought it to it's present position
of greatness and prosperity"
Great as our strides in commerce
and wealth have been. our States are
as pigmies compared with the other
States of this Union. The individual
deposits in national and other corpo-
rations, banks and trust companies
and in private banks of the Unite
States, according to the statistics com.
piled in the office of the Comptrolle
of Currency at Washington, and just
made public, amounted, on June so,
1904, to $9,9S1, $3.50. OF this be-
wildering amount, only Gh per cent
was in Southern banks. Are you
winyou, gpt ,gmGnn DIN
content with these conditions? If
you are not, arouse yourselves, for you
hold the key to the treasures of the
South! 1t has been stated that more
than 100000 articles are low in use
among the people. serving their com
Fort and happiness, that were absolute
ly unknown to our great grandfathers.
In vast number Of these articles, cot
ton is an important factor, New uses
for it are concantly being found and
new markets for it are springing up
beyond tn eseas. The Panama Ca
nal will open up possibilities now un-
dreamed of, and demands for cotton
will eventually come from States UNI
born, and civilizations now unknown.
Watch the demand-plant for it alone,
and should Providence give you larg-
er crop than you planted for, put your
cotton in your bonded warehouses, re-
duce your acreage for the following
season, and your faithful friend, the
banker, will see you through. The
financial future of this dear Southland
Of ours is entirely with you, my
friends. You can steep us in power
ty, or you can roll us in wealth. Have
every farmer to join your organiza-
ton, eliminate politics from your coun-
ellis, give to the politician and grand
stand players with bees in their bon
nets and axes to grind the frozen
shoulder and marble heart, see to it
that provisions are raised at home arL