The Washington herald., 1912-02-25


show its diversity and range. They in
Clude:
s295, 900 invested in cotton mills will
ll.3S6.SSS spindles and 23s.1S6 looms. con
suming 1l43,033. .6S3 pounds Of cotton.
S97,O00,O00 invested In cottonseed oi
mills having crude products valued a
$40. 10000.
100000 tons of pig iron from the fur.
naces.
100000 tons of coke turned out from
the ovens
100000 bales OF cotton, valued, with
the seed. at $S15NO0n0
1.273, 900 bushels of corn. wheat, and
oats, valued at S9O0. O0NOO0
S',"o0,Q00 Of the products Of the sugar
cane.
.. .00N06O bushels Of rice. q,
SOo,O0OCoO worth of fruits and vegetables
sold in Northern and Western markets.
S100G.OOO of tobacco.
ll5,0GO.0O0 tons OF bituminous coal
N5,000.OC0 barrels of petroleum
6O00,C00 tons of iron ore.
10000 tons Of phosphate rock.
&pN,0C0 tons of sulphur.
$4,000 tons OF lead and zinc
The South's railroads have an aggre-
gate length of SS% miles.
Bank Deposits Large.
Its national banks. with s2sS Sj3.s50 cap
ilal. have sl.925.lS4.6G aggregate re-
sources and s951, 1,tt2S,5lO individual de-
Tosits. while there are SI,1S4.oi5.949 such
DEPOSITS in State and private banks, saw
ings banks. and loan and trust COM
Ianies.
Through Southern ports pass So, So S4s
OF exports in foreign trade. or more than
one-third of the total exports of the
country. and Of that total more than
two-ftfths originate in the South.
The value OF exports in the past fiscal
year from one Southern port, ranking in
exports next to New York. was more
than twice that of exports from all the
Pacific ports of this country and S23.-
0ooc00 moro than the value OF their COM
bined exports and imports.
The S2,l40,0 900 of individual deposits
in its banks. the $3.50. 900 invested in
manufacturing, and the SS.971. .0O0, 600 in
vested IN farm lands and buildings con-
s:itUte something more than half the
true wealth OF the South-S27, zoo, 900 co.,
In some lines the South has produced
more in a year and in some less than
the amounts named in these conservative
estimates of the pi reduction in 1911 For
instance, the cotton crop. with seed, of
hnen worth $1,000, ,O0o0 600. as compared with
the $50 0Oo,0o0 value of the much larger
crop of the season of 19II-12 now being
marketed Enormous as many of these
amounts are. their real Significance ap-
pears only in comparing them with pro-
duction at other times in the United
States as q whole.
Wealth S11, 1,eoo,OOO,oOo Greater.
Tie present wealth Of the South is
:ll,0oo, 10000 greater than the wealth of
the country in 1880, though the South's
population now is only 1.6Os,6O0 greater
than the country's was then.
That near-equality in the numbers Of
the populations emphasizes the fact that
the South produced last year "a, ,3s5. 900
more bushels of corn than the country
harvested in 1850
Even more significant, Perhaps, is COM
parison of the South to-day with the
country in 1880.
It's manufacturing capital is $50 ooo, 900
greater than capital so invested In the
United States in 1880.
Its investment in farm lands and build
ings is within $1.226 OOo, 600 of such value
in the whole country in 1880 although
the area of improved farm land in the
South is I10.7S9,000 acres less than the
M.71 900 of such acres in the whole
country thirty-two years ago.
Its lumber cut, now more than half
the annual cut OF the country. is 5000
100000 feet greater than the country's in
1850.
Its agricultural products are worth at
least S6OoOOo,OoO more than the country's |
in 1850.
Its cotton crop, with seed, in the season
ended August 81. 1911. had a value more |
than twice as great as the value Of the |
output of all the gold mines OF the world |
and S40l l.3j25T greater than the combined |
values of the outputs of the gold mines
and silver mines OF the world in the |
calendar year 1910. The raw cotton ex-
ported in that season was worth sl22-
Ss.s more than the gold produced in |
the calendar year.
There was a difference in favor of the
South of nearly S5,OOo,OoO in value be-
tween the country's mineral production
in 1880 and the South's in 1910.
Great Coal Output.
In 1910 its coal output had a greater
value than the output OF all the gold
and silver mines OF the country, and the
South mined more bituminous coal than
all the bituminous and anthracite coal
mined in the United States in 1884. and
its 1911 output OF bituminous coal was
nearly three times that Of the country's
in 1870.
About the same record has been made
in the production Of petroleum, the oil
wells OF the South now yielding more
than three times as much as did those of
the whole country in 1850.
The South has not yet equaIed the
country's production of pig iron in 1850
which was S,sS5,191 tons, but the 3,525, ,II9
tons made by that section in I9O6 was a