The Rice belt journal., 1906-06-15
more than 81, 900, 900, 900.


states year by year, since 1890, you
will find that such increase in value
is considerably more than one-half
the entire stock of money in the world.
That may seem an astonishing state
ment, but it is easily proven. When
| say the entire stock of money of the
world, mean its entire 81, 900. .000,-
600 OF gold, silver and paper, with sill
yer and paper taken at its face value.
AGRICULTURAL RESOURCES.
For many years we have been ac-
custOmed to look upon the south as
fairly well developed agriculturally,
but diversity has been introduced in
the past two decades, bringing with it
increased value of farm property and
farm products.
The value of farm property in Ala
bama, Arkansas, Georgia, Louisiana,
Kentucky, Mississippi, Tennessee and
Texas, increased S706, 100000 in 1900
over 1890. While the valuation of
farm property in 1890 was $l,347, 900,
600 more than it was in 1880.
The south is no longer a one crop
section: it raises hogs and hominy,
with cotton, and the live stock pro-
ducts of the southern states | have
mentioned increased $l42, 600 in
1900 over 1890. The poultry now
raised exceeds more than S25, 600, ,00C
annually
These states have over 50,000,00
chickens, 100000 turkeys, 2,500,00
geese and |, 100000 ducks.
The southern states annually pro-
duce over 200, 900, 900 pounds of butter,
and the total value of their animal
product is now $250,000,000 year.
The total value of all their farm pro-
ducts annually is over 100000, 900,
which exceeds that Of any other Sec
tiOn of the United States except the
north central division, composed of
the upper Mississippi valley states
from the Ohio to the Dakotas.
The southern states now raise near
ly 500,000,0O0 bushels of corn each
year; they have over 100000 head
of hogs and raise more than 100000
600 pounds of rice annually.
While cotton is the main product of
the south, yet only A per cent. of the
farms of the south now derive their
principal income from cotton Never
theless, the cotton production of the
south has shown a steady increase
since the production of 1000, 900 bales
nearly 20 years ago. About that time
the valuation of the crop was nearly
$500, 600, 600 year; last year it exceed.
ed $4,000, 900 bales with valuation OF
1928, 100000.
The cotton exports in 1902 amounted
to 5,S9l, 900 bales having valuation
of $258, 46l, 700. In 1901 the expor
cotton amounted to 6,5oS,ooo bales
having valuation of l3,67S, 900.
The home grown cotton demand by
the mills of the United States is nov
over 100000 bales annually. Ii
1890 it was 2,325,oo Yet, notwith
standing this remarkable increase il
cotton manufacturing, a large per
centage of it in the south, we are sell
ing to other countries more than eve
before.
Agriculturally speaking, the south
ern states are an independent people
even of "King Cotton
Nothing will more thoroughly dem
Onstrate the independence OF the soutl
than the statistics which show a con
stant and yearly increase of improved
farm acreage. We find that the i'm
proved acreage of the farms of Ala
bama, Arkansas, Florida, Georgia
Kentucky, Louisiana, Mississippi
North Carolina, South Carolina
Tennessee, Texas and Virginia, wa
by the government reports as follows