The Dawson news. (Dawson, Ga.) 1889-current, 1908-01-29
LIGHT FROM THE FARMS
prTIrONS OF WEALTH CAME
FROM THE SOIL LAST YEAR.
Stunendous Are Figures That Are
Required to Tell the Values OF
the Various Products.

The crop yield has been aoo'e
the average in quantity and quail
i+v while values are far above
those OF previous years. Undis-
-urbad by the worries o. fnan-
cfers. laughing at all the talk about
currency problems, the American
farmer is reyeling in wealth and
enerdfng his evenings calculating his
nroArs in one OF the most prosperous
seasons for years. Corn is king OF
rhe land. Four-ffths of the world 5
production grows in the United
States. and in the worlds interna-
tjonaI trade in corn this country con-
tributes from one-rhird TO one-halt
Of the exports, not including the pro-
ducts of cord-fed animals. Corn,
furthermore. is considered the great
est factor in the nations prosperity.
The Weld for 1907 was 2,532 900
bushels. almost exactly the average
Of the preceding five years. The
value Of the corn crop last year was
mach above the high-water mark OF
+ 1906. On the assumption that the
cron will be sold by farmers at an
average price not below the present
one It's value is estimated TO be ST.
/ 350.00O.000, or twenty-siX per cent.
above the average value Of the pre-
yious five crops The farm value or
/ the corn crop of eight such years as
1907 would pay for duplicating every
mile Of steam railroads in the United
States and pay for their costly ter
minals, rolling stock and all other
property. In thirteen years it would
replace the present banking power
of this country in capital, surplus,
deposits and circulation, and in sew
fenteen years it would replace the
banking power of the world.
This is only one crop. Wheat last
wear was worth 100000, dairy
products nearly $500, 100000, pOul-
try and eggs $600,000,000. The to-
tai value of farm productions in
1907 reached the enormous sum OF
s7,412.000,000 which was ten per
cent. greater than the banner year
of 1906. The animals sold from
farms and those slaughtered on them
in 1907 were worth about $1,27O,-
I 000. 900, or nearly twice as much as
the cotton crop. After this showing
/ it is difficult to see how there can
! be any serious industrial depression
! in this country during the coming
year, and a prolonged panic is out
of the question. Practically the
whole of Europe is depending upon
this country for supplies, and these
we have in stock and can deliver
/ for the cash. When American crops
are spoken of the thought naturally
turns to cotton, wheat and corn
| These are the staples, but this coun-
| try produces export SURPRISES in
many other commodities. During
! the year 1905 the United States sold
abroad hog products to the value of
more than s13O,000,0O0, and meat
products of all kinds in excess of
/ S202, 100000. Besides, we sold to
/ Europe tobacco, manufactured and
unmanufactured, to the value of
S31,000,000; wooden products to the
value of 100000, 900. There are a
score of other commodities that come
/ either directly or indirectly from the
4 soil, each of which have been sold
outside the country in quantities that
/ exceeded a million dollars in value.
| While cotton, raw and manufacture
! ed, brought to our credit the enOr-
nous total of $453, 100000 cotton
was after all only one of many items
| our exports, which reached for the
/ @{aI 0F
/ S1,848,000, 1000. The balance of
trade in our favor for 1906 exceeded
$3.50, 100000.
The main bulk of our export prod
ucts for 1907 had not begun to
move when Mrs. O'Leary's COW over
! turned the financial lamp in New
York and frightened all the bankers.
Since then the great wheat crop of
the northwest has been shunted to-
ward the western collective centers
/ the more than 100000, 000-bushel
corn crop began to stir like a mighty
! leviathan during the latter part of
! November; the hog crop product
moved in December and cotton con-
tinues to move marketward from the
first of September until the first of
the following April. In monetary
values the exports for the fiscal year,
that ends next June will doubtless
exceed in the aggregate those of any
previous year. Wheat is now sell
ing around the dollar value, where
as year ago the price was below
so cents a bushel. Corn is also
bringing nearly 20 cents more on
the bushel, and cotton, tobacco, meat
and dairy products are all ranging
at greatly advanced prices. Officials
of the American Tobacco Company
have given out the statement that
from the orders now in hand, the
years exports will exceed $4,000
600 of manufactured tobacco, having
an aggregate value of about $780,
900, 200. A dispatch from New Or
leans a few weeks ago stated that
fifty sea-going vessels were then at
the levee ready to load with cotton
rice, sugar and molasses. The car
goes they were to carry abroad were
either ready at the wharves or else
were being hurried in from hun
dreds of outlying sections. From al