The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1909-08-02


/ consumption of oats by horses. But
| it is estimated that this decrease has
been more than made up by human
beings eating more products of oats
than formerly. Remember the break
fast cereals that are made from oats
and you will get the meaning of the
| increased consumption of oats by peo-
| pie.
/ Present and Future of Cotton.
Then comes the value of the cotton
crop and Gotten byproducts. The gov
/ ernments estimate on the value of
these is s27.O0O,0OOO 1t is predicted
that the price of cotton will not fall
materially below 10 cents pound Ior
some time to come. The consumption
of cotton is increasing faster than the
| lint is being raised The steady in
| crease of population all over the world
| makes an ever growing market Many
! of the millions of China clothe them
selves in cotton cloth whose fbers
country. One instance only will show
why cotton is destined to increase in
value Western Asia is being developed
by a railroad extending from south
eastern Europe to Bagdad and the
Persian gulf. Hitherto this vast terri
tory has received it's cotton goods by
caravan from Alden and the Red sea.
! The opening up Of this territory viii
of itself keep the price Of cotton where
it is now, and there are other terri
tories being opened in China and other
remote lands which will maintain the
that the price will go higher Twenty
| five years ago southern farmers used
to shovel the despised cotton seed into
the bayous. bury it, burn it-anything
to get rid of it. Now the cottonseed
oil industry of this country is worth
s1O0,0O0,00O annually.
The season has played no favorites
besides the products mentioned. there
is plethora of hay, alfalfa, potatoes,
tobacco and lesser growth that nour-
! ishes the human system and swells the
Golfers of the American farmer The
same experts who have figured on the
staples estimate that the products last
mentioned will this year stow away in
the pockets of the farmer not less than
500 900.
Farmers Not the Only Benefic: aries.
The American farmer will not be the !
only beneficiary of this bounty of the
soil. good share of what he gets
will be paid out in vast sums for labor, |
for machinery with which to plant new
crops, for new buildings in which to |
store the crops and for the comforts |
of the home.
Railroads and steamship lines will
have their revenues increased in the
handling of the great increase. Farm
ers no longer hold their grain on the
place where it was raised. They ship
it to elevators, where it is stored
awaiting the fluctuations of the market.
When the time comes the railroads
get busy with great trains to move the
grain, and much of it is stored away
in the holds of ocean steamers that |
carry it away. Great crops such as
those Of the present year necessitate
increased outlays in all branches of
trade and commerce, and immense VOL
umes of money are put into circula-
ton. 1t is estimated that the railroads
of this country spend in prosperous
times such as are now at hand nearly
$1,25J, 100000 a year in new equip
ment in keeping the old in repair and
for the vast quantity Of supplies that
are necessary. All this keeps the
wheels of the factories revolving.
With such tremendous increase in
the value of the products of the United
States, this year should usher in a
period of plenty greater than any other
country on earth has ever enjoyed.