The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1907-10-02
COTTON king
suAy, OF New York. Talks About
the Staple
AND ABOUT THE SOUTH

s" 'SOOI It'll
In Interview He Says the Consumr.
ton Of Cotton by the World WIN
Reach Fourteen Million Bales the
Coming Year-Prediction Of 1909
Close to Fulfllment-Wm Spin
Our Own Cotton. 4
In an interview concerning cotton
Daniel J. Sully, said in New York on
Thursday
Il recall that my prediction I'M
1903 that within five years Afteen
million bales Of cotton would be used.
was considered very optimistic.
III venture right here to makes
some other predictions.
Within twenty-five year. ther.
southern states will spin fifty per,
cent. of their own cotton, whereas
now they export sixty per cent. of IL.
Within twenty-five years fifty per
cent. OF the spinning industry of Eng
land will be situated in tie southern
states Of America.
MY prediction Of 1903 is very.
close to fulfllment, and I predict, that
This coming year, the CONSUMPTION OFF
cotton by the world will reach four
teen million bales (if it a be OBJ
tained) at bettef prices than ever be-.
fore.
And this will bring back into thia
country enormous quantities of golds
instead of our exporting big quanti-
ties of 1t, to such an extent that froms
october, 1907, to July, 1908, the re-
ceipt Of gold into the United States
will exceed by fifty per cent. any i'm
port of gold ever known by the Amer4
lean people. g
Does that look as If there is. any,
thing the matter with American f-
nance? Does that look as If WalK
Street Of Egos, or HISTORIAN phan-
tom chasers can ruin this countryn
Does that look as If we were in dam
ger OF war; Does that look as III
there Is any reason why this Is tha
day for the man with the patch on
his pants? .lr b
What a hobo dream? And eyery
hobo at once began to have a dream
Of his exaggerated Ego, and to think
the time had arrived when all the
wealth and brains in the United
States will be commanded to throw.
off their clean linen and adopt his
patched habiliments.
There will never come the day
when the man with the patch on his
pants will rule America, because I
have shown in the foregoing it is an
inevitable certainty that the laboring
man of the United States will bes,
more proud than ever that he Is
abundantly provided with all ;he
wants, can maintain his family as he
desires, and can ave up his surplus,
for surplus he will have) from the
progress of this nation which nothing
can stay! -
1.-THE world outside the United
States would be delightful to see the
day when the man with the patch on
his pants swayed America; but the
conception is as absurd as the utter
ance Of trite epigram, devoid of SUBJ
stance. a..
II cannot leave the topic of cotton
anymore than the American people
can leave it If they would, or should
if they could, because 1t is insepera-
bly, identified with the advancement
which this nation Is to make, an adj
vancement entirely beyond the power
of any man to portray in words.
For years that fluffy growth that
iecked the southern belt was neglect
ed, half-scorned and abused specimen
of vegetation began to hear tn civiliz-
ed world shout across the Atlantic
and Pacific oceans, Send us cotton!l.
Send us cotton!"
Then we began to take some no.
tice of that scrawny plant, and began.
to appreciate that it bore for us By
significance that was to be written
in the future in such revenues that
no man dared measure their volume!t
And we don't begin to measure the
import Of what cotton actually means
to the United States yet!
"We haven't any conception Of the
millions of acres that are today SEEM
ingly sterile which in a few years will
luxuriate in snowy tufts Of that pre-
cous product directly responsible to
the demands of the world. Of course,
we are a people wondrously energetic
as it is, but we haven't Il energies
even yet stimulated as they will be-
come.
"%Civilazation cannot advance with
out the help of American cotton.
They must have it! And it rests with
us if they must not also use u
wheat. America is d%epopulating Eu-
rope by taking it's brain and mus
Gle, and the day is almost above the
horizon when the best human capa-
city the world contains, and by far
the best material wealth the earth
knows anywhere, will make the Unit
ed States sway the globe"
IITCTTA MIA An UT-LNDDNn