The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1906-04-18
The scUTa's MONOPOLY.

The seUTE's MONOPOLY.
Andrew Carnegie Says She Has the
World 1T Rer Feet.
Andrew Carnegie, ore CT the worlds
greatest manufacturers, says to the
south:
You have the greatest monopoly
on earth, in the growing OF cotton,
and you have the world aty your feet. "
There is al estimate worth con-
siGerirg says the Atlanta Journal.
It is q statement the truth OF
which We to whom it is made only
half realize. We nave the only Gil
mate and soil on the round esrJb
capable OF predicting in a1y market
able quality and quantity the greatess
Commercial commodity in which MAJ
kind deals. This we all know full
vell, but what are we doing with it
that proves our knowledge OF It?
We raise cotton, pick it, gin 1T,
bale 1t, and then let it go for what
the outside purchaser wants to give
US for it. All the time, tell and
trouble Incident to bringing the staple
TO a marketable shape is ours; the
outside world must have 1t from US;
we let it 90 at whatever figure they
offer. Sucn a situation is nothing
short OF reflection upon the south'S
business ability. Men like Andrew
Carnegie come here amongst u5 and
repeat time aud after time that We
have the greatest monopoly on earth
10 tie growing Of cotton" but each
succeeding season finds the south
marketing the crop just as though it
grew On every soil and was common
to every nation under the SUD.
AS Mr.. Carnegie intimated, though,
there is CLEAN OF hope ahead for the
souJh. He names one Of the condi-
ticns here that promises to evolve
:, for the s0uth a full measure OF reward
from the natural monopoly which
she enjoys.
Even in my Gay you have bscome
a great manufacturing center" be
says, "and this iDdrstry is leapsng
ahead with tremendous bounds. "
The south is beginning to msnufac-
ture her own product in the rougher
and less costly form, and therein lies
the hope that some day she will be
sbe financially to manufacture it
into the finer material Of which the
cotton staple Is capable, and thereby
cone into her full 1eward. At pre-
seat the mills Of the north, and OF
Eoglapd, France, Germany, Jaran
and other nations reap tho prohss
tron the manufacturing Of the finer
grades OF cotton goods profits which
in comparison to those the south re-
ceives from the raw material and the
rcugher manufactures are simply en-
ormous.
The first question to which the
cotton growing states must Apply
themselves, according to the best
authorities, is that Of narkati5g the
crop. The several states have Learn
ed the art OF growing cotton. That
is the monopoly OF which Mr.. Car
negie speaks, because no other nation
and no other section OF this n.tion
knows this art or has the natural en-
vironment evsn if they should acQuir:;
The knowledge. Now these states
must learn the business OF marketing
the crop so that profit may bs gair-
ed commensurate with the time, toll
End natural difficulty attendant upon
the growing, together with the com
parative rarity Of the staple.
Until this lesson is well grounded;
unsil the aims CT such organizations
IS the Southern Cotton Association
are realized, tie south cannot hope to
enter upon the full measure OF her
reward in connection with her mon
opol3." In the first place, she will
not be financially able to develop her
manufacturing plants to their full
capacity OF turning out the hoer pro
duct OF cotton goods. Though six
hundred millions Of dollars are poured
into the south annually tor her cot,
ton, sill it is not enough to enable
the cotton producers to become cot.
con manufacturers OF the higher type;
that is, OF tie type which epjoys the
greater profits from the industry.
NJ 1st of that erorm }us SUM goes
right back to the source whence It
con es, and mainly Tor the purpose
of bringing back 70 the south the
faishsd prcduct manufactured from
her oHn raw material.
Should the cotton ststes ever reach
the point where the cotton crop could
De marketed in buslness.llke man
uer, then We may hope to see the
manufacturing enterprises advance IN
sven a greater degree than MIR. Car
negis describes as "leaping ahead
with tremendous bounds"
AS the situation now stands, the
s2ush offers magnificent oppoctuni-
ties for the investment Of capital in
cotton manufacturing enterprises OF
the higher type. Andrew Carnegie,
one of the worlds greatest manufac-
lures, publicly declared himself along
these lines, and well known men in
the commercial world have said so be.
fore him.