Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1909-11-26
GEORGLA'S MOST
GOLDEN YEAR

fore. This billion dollars is the worth Of
the raw material alone. When it is work.
ed up into its finished product, the in
Vulnerable kinds of cloth and goods in
which cotton plays a greater or less part,
the value will be almost incalculable-a
sum that staggers imagination.
Because the farm lands OF Georgia es-
pecially, and the rest of the south in gen
, eral, are earning more now than they
ever have before, they have appreciated
greatly In value. They were bound to-
There is veritable boom in agricultural
lands, and especially those devoted to
. cotton, all over the south. For instance
there were many excellent cotton sections
in Georgia where land was selling early
this spring at from $40 to $50 an acre
Much of this land produces from half a
bale to a bale of cotton to the acre. This
year each of these acres has produced cot
( ton and cotton seed worth from $50 to $780,
! In other words, many a purchaser Of
, land at $50 or $50 an acre has raised a
crop Of cotton this year that has been
sufficient in value not only to pay for the
| land itself. but for all improvements. 1t
I is pretty good business that will more
! than pay for itself in a single season
! Thousands of farmers are appreciating
this and are adding to their landed pos
sessions right and left. AS a result, prices
are going up rapidly.
The banks in Georgia are bursting
with money. Long-standing mortgages
on farms and real estate in general
have been paid off. Notes that bank
ers had grown to look upon askance
owing to their frequent renewals have
/ been paid in full. The farmers who
have sold only part of their cotton are
assuming an Independent attitude and
looking forward to disposing of the re-
mainder at even better prices than pre-
vail today. They do not need the mon
ey and cannot be scared into selling
/ One marked popularity about the
cotton plantations in Georgia Is that
most of them are of modest size. There
are no great monopoIists in the rails
ing of that staple, no planters whose
J fields stretch for miles as they do in
Texas Louisiana and Mississippi. The
/ plantations Of the small Georgia farm
er, in aggregate area, are greater than
! the total holdings Of those whose
! farms are in the 500 or 1OOO-acre
class. There are innumerable small
! farms of five, ten. twenty and thirty
acres. That is why this s1S5, 600. 900
! that will go in to the Georgia farmers
pockets this year is going to be very
, evenly and widely distributed
| There will be more fireworks burned
! in Georgia this coming Christmas than
! there were set of at tine Hudson-Ful-
I ton celebration last fall. Christmas.
: not Fourth of July. is the great day
! for fireworks all through the south,
( With plenty of money in their pockets.
the GeOrgians will illuminate their
/ state from end to end with a blaze Of
rockets, red fire, roman candles, huge
set pieces and everything of that sort
; that is used to express exuberant joy
There will not be a crossroads town
, far off in the country, that will not
have at least a score of aerial bombs
, and a lot of other brilliant and noisy
devices to stir things up.
There is a good market for paint in
Georgia now, and there will be for
some time to come, until all the houses
and barns are fresh ened up. There
will be a good market also for every
thing else that adds to the comfort
and convenience of life New hotels
will be built all over the state Tray
cling men are already hOcking to Geor-
/. gia because business is good there. In
{ cidentally. they are paying more atten-
tion to the south in general. but Geor-
gia as a section mas the most money
to spend and they go there first. That
is one of the reasons for building new
hotels and the Improvement of old
ones. There will be new telephone