The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-04-17
PRICE TELLS WHY COTTON MUST ADVANCE
ctvEs FIGURES FAILING FAR SHORT Or
REMAND AND s#2
SOUTH SUPPLY WORLDS NEEDS. VIM &#

ss ,S'' se@|s fe,'es
ssiioo. II viii Surprise macy. as Z ala toe.
e. & Learn s that, during the past year TIE com.
Sen ysuf q s .obet aaq
Exceeded that OF the cotton crop. G
DRAWING NEonOEs FROM riEt,ns.
ID Florida It Is no uncommon thing. Tor
trucE farms 10 pay an annual PROFIT Of from
+ SS0o per em ses I'D u ss
West extension Of his. East Coast hallway
SINE s., isooo men shIey negroes theree,
Througbou &c Georsia ana nd the ecaroIiuas tho
Southern Railway IS practically double.track::
os Is ;us from wesSInston 70 Atlanta; and
States arc employing many thousands Of
bands, 10 reconstr,rt'onn aud extension.
Along the radk,n R'vs!. In North Cara GarS.
tcarroclnaa, plants for tie electrical transu1ss
sion Of water power are In process OF cot:
s,ruet Ion + Involve tie expendi,yYre Of
next two years. R.sH Ednonds Of the Man.
zone little. town IN North carollna, scarcely
o ossrd % snfs se NV whes Hs
product. agsresatng several million dollars
year, snds q u,arket AL owe. The sorld:,n
coming under my personal observation as
augmentlng the demand for labor ID the
South, there be considered the increase OF
tSe South s Hne 1900 and the maryelous 81
l,dustrial2 expansion In almost every other d.
lrectinn from ice manufacture to petroleum
ma y be had Of the Importance Of The. labor
factor as Affecting the cotton production Of
tic South. Fl.
oErs nur FEW EN1oRANrs. \.
TO fully understand At. however, 4 10
| necessary to remember that praeticalIy no o9 .
this country in the last decade has been d..
There, as in aute.bellun times, the labor
| the cotton planter. The latest aGurcs that !
have been able to obtain OF the southern pop.
.nd its dstGSnt91 IN ibo
gro population OF the cotton states dnripx
! lie sixyears ended With 1905, APPLYING The (,
usual rule Of one 10 five to this INCREASE; y
bodied negro men have been added to the
1 available labor OF the cotton states during
! the period under review
| skilled labor In tho n mes. lumber ca mps On
tho railroads aud1at tho factories have pra rae
/ ticaly doubled. and average 20 cents TO- 80
ed ed', Under de- Conditions whlcI admit Of TIE en;
! joymeut Of city life. while the cotton "nnnd
s EpGssd 70 'I los saSp sud s
ponK, cornmcul mud molasses. or the alter;
patiyc Of "tenant" share ln crop o.
donbtful while, nayRble ut tue emo q tue
4 Season. after drducton has been MADE, q
! Of orbItapt4 prices and usurious interest tol
! the supplies furnished on credit
4 CONSUMPTION ExrASDs ENORMOUSLY.
! . Smnll wonder then That the cotton. pro
A duction OF the South hos become PRACTICAL!
a STA t1opary.. 1t is TO be borne In MIND ths
4 thp seven years between 1a08.09 and l9UOOo
4 between n the cror OF .o06.O0O bales pro
4 duced from about .5nDU.UOo acres anu u,
CROP nf 1880. 900, produced from ABOUT -
OOoOOO acres arrGtbe years or the Emarvc!ou
s nrosnerity following thu Span!sh America
war. Is the irrevocRble 3 doption. 81, inc G9
standard In America. and the enormous ~
Il easc.in the worlds gold product lon. 5.a
"a This nerlod, which will probably Oc KNOW
/. In history q the Mckinley era. records =
! most stupendol,s unter.nl progress nc Wovi
5 l5has ever known. AS was Inevitable unot
!. such conditions, the expansion ~ the col
. snmption@ OF cotlon has been enormous. nt
o | forcshadows a demand for an aonl,aI pro .1
\ tion OF n50OO.On0 bales even sooner az
! the most sanguInc lind ANTICIPATED. how
= fhia production to lrs SECURED? ~ lnola nn
i lin Ecypt the production. as IN Amer:cl
!, seems almost stationary. :,
!. From the South olono. Tor tnc ne1t ~
!. cade al least, tho Increase must come; y.
:. win Industry bidding against lnoGs'ry
, ! aitra CT tho labor from fhr colto ueiu SUI
:. siantInl,% q sustaiucd. and 90 a!nost sens,
3 fIonnl advance In price seems - ! oC nrTff.
!. snrv 10 draw and 10 hold the lano cSsent's
to even sutflcIenry OF cotton 'et 'ne Is IS :
j; te 's# years THEODORE II. PRICE,